WalrusFat

Shib potential recovery

Long
BINANCE:SHIBUSDT   SHIB / TetherUS
Looks like it briefly hit that liquidity zone and now the zone has moved lower, we’re now waiting to see a bounce and retest on the one hour 13 or 50 ema with some consolidating. This could still come back down again to that same area before the final bounce, just have to wait for the retest. I bought some in the liquidity zone and set my stop at 54700 but if it comes down stops me out and consolidating in that area I’ll take another entry w a lower stop loss and then even again buy the next wick to the zone if it happens.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.