Shiba Inu (SHIB) – November 15 For BINANCE:SHIBUSDT By ReadCrypto

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( SHIBUSDT 1D Chart)

Over the 2613 Satoshi-2863 Satoshi section: Expected to continue upward trend (medium to long-term perspective)

It is necessary to check whether there is movement out of the 5000 satoshi-5700 satoshi section due to the volatility around November 17 (around November 16-18).


If it falls from the 5000 satoshi point, it could fall near the 3528 satoshi point, so you need to trade cautiously.

If the price is maintained in the 5700 satoshi-6532 satoshi range, it is expected to continue the upward trend. (Short-term perspective)

In the CCI-RC indicator, if the CCI line falls below the +100 point, it may send a long sideways section or a sharp decline.

Therefore, it is important that the CCI line does not fall below the +100 point.

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We recommend that you trade with your average unit price.

This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.

If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.

Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume .

However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.

** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.

(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)

** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.

Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)

** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

** Support or resistance is based on the closing price of the 1D chart.

** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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