Helical_Trades

SHIB/USDT : Back into range zone, Bull flag formed !

Long
BINANCE:SHIBUSDT   SHIB / TetherUS
SHIBUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

#SHIB has retested the 0.618 FIB's level on logarithmic chart and now it's bounced back into range zone from the daily demand.
Also it's formed a 2H demand in HTF demand zone !
Based on current range zone, #SHIB will bounce back to the range high zone after a retest on lower support zone located at the range zone's bottom.

- Also you can wait for a breakout on bull flag that formed on 6H's time-frame :
The bullish flag has formed on the 6H's chart and flag pole is target $0.00009600 and above !
If you're not a day-trader, Then you can wait for flag breakout and enter the retest of flag...

🔴 Don't forget to manage your risks, Suggested risk for this trade is 2% or lower !

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@Helical_Trades

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