SHIBUSDT (SHIBA) Technical analysis
I wanted to show you the support trendlines with Schiff Pitchfork in this analysis, as long as this channel is not broken, it is possible to make long-term or scalp trades from the support lines in the trend direction.
🎯If the 1st trendline is broken, the 2nd trendline is expected and this system is valid for all trendlines . If the last trendline is broken, the trend is over. 🔥
In order to draw a Schiff Pitchfork , we first determine the last trend and draw the Fibonacci Circle of this trend, then we place the Schiff Pitchfork on the Circle.
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
🎯If the 1st trendline is broken, the 2nd trendline is expected and this system is valid for all trendlines . If the last trendline is broken, the trend is over. 🔥
In order to draw a Schiff Pitchfork , we first determine the last trend and draw the Fibonacci Circle of this trend, then we place the Schiff Pitchfork on the Circle.
❤️👍🏻 Please support me with LIKE / COMMENT ❤️👍🏻
DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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