- *Timeframe*: 5-minute chart - *Contract*: BNBUSDT perpetual swap - *Leverage*: 2-5x (adjust according to risk tolerance) - *Indicators*: - Moving Averages (MA): 50-period and 200-period - Relative Strength Index (RSI): 14-period - Bollinger Bands (20, 2)
*Entry Rules*
1. *Long Entry*: - The price closes above the MA over the last 50 periods. - The RSI index is rising after falling below 70.
- The upper Bollinger Band is either approached or exceeded by the price. 2. *Short Entry*: - Price closes below the 50-period MA. - RSI is above 30 and falling. - The lower Bollinger Band is touched or broken by the price.
*Exit Rules*
1. *Take Profit*: - Aim for a 1-2% profit margin above or below the entry price. - To lock in profits, utilize stop losses.
2. *Stop Loss*: - Set a stop-loss between 1% and 2% from the entry price. - Adapt your stop losses to the volatility of the market.
*Risk Management*
1. *Position Sizing*: Limit position size to 2-5% of your account balance. 2. *Leverage*: Adjust leverage according to your risk tolerance. 3. *Stop-Loss*: To reduce possible losses, set a stop-loss.
*Monitoring and Adjustment*
1. *Market Conditions*: Adjust the strategy based on changing market conditions (e.g., volatility, trends). 2. *Performance Monitoring*: Regularly review the strategy's performance and adjust as needed.
Remember, this is a basic strategy, and you should always do your own research and testing before implementing any trading strategy. Furthermore, you should never take on more danger than you can bear.
As for ongoing conflicts no one anticipated how unstable politics and global conflicts would affect market.Following the recent dip in SHIB’s price, the Shiba Inu ecosystem team encourages investors to remain positive in a tough market. As for Shiba Inu’s recent performance does not align with investors’ expectations. While many market participants expected SHIB to be in a bull phase, usually marked by surging prices, the reverse has been the case due to global conflicts, especially the Israel-
• SHIB Investor's are on hold for a bull market. Shiba Inu has captured attention for its community-driven nature and significant price movements.Recently, some financial experts and crypto analysts projected that Shiba Inu could turn bullish and potentially experience a 100x surge in the coming months.Currently, SHIB has increased by 3% in the past 24 hours, reaching $0.00001687.If SHIB breaks out of this pattern, a price increase of around 5.66% could occur. As meme coins recover, many predic
know ur tinking what's gonna happen....still too early n it's unpredictable.bullish or bearish.lets see.If u can read and ride the wave all the way through ....!!!
THE BIG QUESTION...WILL SHIBA ARMY RETALIATE..!!??
SHIB's price decline following the WazirX hacking incident creating panic over shib investors. SHIB faced a massive sell-off as traders panicked and the exploiter offloaded the assets. As of the time of writing, the value of Shiba Inu had decreased by over 8% for the day. Notably, the memecoin has dipped by over 12% upto now.That said, SHIB’s potential to continue its decline within the channel is higher if the fractal repeats. In this bearish scenario,.Conversely, a retreat from the ongoing cor
The Big Question Are Shiba Inu Whales About to Propel the Price of SHIB ....!!??
The movements of whales have always attracted particular attention in the crypto market. Recently, massive transfers of Shiba Inu (SHIB) by whales have caught the attention of investors. These intriguing movements could signal an upcoming bullish trend for the memecoin
Conversely, “non-exchange whales”, which are the 150 largest autonomous wallets, have absorbed these tokens. Their holdings have increased by approximately 6.57 billion SHIB during the same period. This dynamic suggests that inve
At press time, SHIB’s price tanked 4.72% to trade at $0.00001858. The token’s 24-hour lows and tops were $0.00001856 and $0.00001941, respectively.
Despite an 874% surge in the burn rate today, per Shibburn’s data, the token has traded in the red zone. Nearly 8 million coins were recorded to have been incinerated in the past 24 hours, failing to cause an upswing.
Today’s price dip primarily aligns with the broader market trend, birthing speculations of a SHIB recovery alongside the broader mar
Shiba Inu Coin: Over 5 Tln SHIB Sacked From Indian Exchange Amid Hack
Shiba Inu coin: Recent on-chain data has once again brought significant attention to one of the largest meme coins by market cap, SHIB. Today, July 18, Whale Alert revealed that over 5 trillion coins were shifted to an address from an Indian crypto exchange. This chronicle has sent tongues wagging across the cryptocurrency landscape, primarily due to an exploitation attack on the Indian exchange. Here’s an in-depth report on the matter.
Over 5T Shiba Inu Coins Sacked From WazirX According to on
As the broader crypto market witnesses sluggish trading, Ethereum meme coins Shiba Inu Coin (SHIB) and Pepe Coin (PEPE) are catching attention. Despite a market slump, these coins have remained relatively stable, sparking curiosity about their future. However, recent reports showing massive SHIB and PEPE whale movements to crypto exchange have raised questions about their potential future performance. Shiba Inu Coin & PEPE Whales Made Significant Moves In a surprising turn of events, large holde
Should You Buy Shiba Inu While It's Worth Less Than $0.01?
The canine-themed cryptocurrency still needs to carve out a defensible niche.
Shiba Inu (SHIB 7.97%) has only traded at fractions of a penny since its launch nearly four years ago. The meme token, which was created as a parody of Dogecoin (DOGE 3.91%), started trading at $0.000000000056, hit an all-time high of $0.000086 in October 2021, but now trades at about $0.000018.
However, that means a $100 investment would have grown to $153.
Explore the major developments in Shiba Inu coin Shiba Inu Coin (SHIB) has been one of the most talked-about cryptocurrencies in recent times. Known as the “Dogecoin Killer,” SHIB has garnered a massive following and has seen significant price movements. This article delves into the latest news and updates surrounding Shiba Inu Coin, providing insights into its recent performance, major events, and future prospects. Recent Price Movements As of July 19, 2024, Shiba Inu Coin has experienced notab
Shiba Inu (SHIB) Price Crashes 7% Daily But There’s More to the Story
The Indicators’ Resurgence Despite experiencing a daily price correction of around 7%, Shiba Inu witnessed the revival of some important metrics related to its ecosystem.
The burn rate, for example, has skyrocketed by 450% in the past 24 hours, resulting in almost 50 million tokens sent to a null address. The USD equivalent of the stash might be insignificant, but continuous efforts in that field can have a positive effect on the price.
Data shows over 41% of SHIB’s total supply has been dest