As you saw in my last analyze about shib, now shib is in an uptrend channel and right now I'm seeing another entry point for shib. so you can buy after triangle resistance line breaks up and pullback to this line.
Here's a quick look at SHIBA inu 2 hr chart. As we can see there's a possible rounded bottom reversal pattern forming. the best entry would be above the breakout level. It Is recommended to take profits in the resistance zone as well.
My 30x Pick - BonFire token
The idea is: Buy the breakout from the level shown in the chart and take profits at the levels...
Looking Left. The Pink Oval highlights the constriction phase. as well as the liquidity grabs on both sides.
From the most previous constriction on the hourly. We are above the MR. Which means price will be looking to go short in the immediate next interval but with structure that is predisposed to rise higher based on market sentiment.
fib extension 6.18 will...
*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only*
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An update from my last chart on 29th April:
Just a continued thought.
Still 100% BULLISH on this one. Still Extremely Risky. Highly volatile.
But I still likey likey. Why?
- Shibaswap launching soon.
- increasing exposure now being listed on...
After an amazing run up during Shiba's inception, the Binance listing hasn't done it much good. Since its appearance of Binance, Shiba has been bleeding daily. During this bleed out, a bullish falling wedge pattern has been formed. Will Shiba rise to former glory?
Assuming BTC will stay relatively calm, Shiba might see some strong bullish price action in the near...
SHIBUSDT failed to extend decline below the previous spike low, ignites recovery, forming a rounding bottom and is poised to target 0.00001250/0.00001950 in the short term. Stops below the recent low.
Main support levels 58.00 - 60.00. Max stop loss is 56.00
For this week, I will keep focus on banks. Good formations among stocks from this sector, nice relative strength.
Trading Signal:
A Trading Signal is seen in the SHIBUSDT SHIBBUSD SHIBA INU
Traders can open their Buy Trades NOW
⬆️ Buy on downtrend breakout
⭕️SL on uptrend breakout
🔵0.0000158
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