SHIB Triangle
Waiting for Shib to make a move out of this triangle... I'm positioned for UP, but we never know.
I'm not so confident about the Fibonacci yet, so don't take this too seriously.. I'm actually just half concentrated about this chart, but I figure if I can contribute something to the people, I prefer that rather than nothing... I think..
God bless yall, stay safe out there.. These are shark waters. And if you take this trade, you should wait for retest to get it, that means, wait for price to get out of the triangle, and if there's a sharp move, wait for price to come back sharply to retest, and get in there.. If it starts moving the other direction too much, then either change your direction, or let the trade go...
Sorry that I'm not more confident, I will do better next time.
I want to give props to Sheldon at Brypto Banter for teaching me some basics through his videos... Do a search on youtube for him.
Stay safe, be careful.
Best regards,
ThomChris
I'm not so confident about the Fibonacci yet, so don't take this too seriously.. I'm actually just half concentrated about this chart, but I figure if I can contribute something to the people, I prefer that rather than nothing... I think..
God bless yall, stay safe out there.. These are shark waters. And if you take this trade, you should wait for retest to get it, that means, wait for price to get out of the triangle, and if there's a sharp move, wait for price to come back sharply to retest, and get in there.. If it starts moving the other direction too much, then either change your direction, or let the trade go...
Sorry that I'm not more confident, I will do better next time.
I want to give props to Sheldon at Brypto Banter for teaching me some basics through his videos... Do a search on youtube for him.
Stay safe, be careful.
Best regards,
ThomChris
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