Shiba ready for leg ?!!Folks,
It has been quite some time i have been here.. I have switched my perspective on trading..
I am more active on CFD's now and trading (swing & day) on the Indices i.e. Dow Jones, Nasdaq, DAX, FTSE, Gold..
but my interest and passion for crypto will never die..
I have come to learn that being a good chartist is something TOTALLY different than being a good TRADER.
Do you know the difference???
Anyway back to the chart..
Simple price action tells me.. Major trend reversal from bottom to bull trend.. We see a pullback that is in a iii pattern.. Look in to the books of AL BROOKS and you will see it means BREAKOUT MODE.
Which side ?? Well markets tend to have INERTIA.. that means the markets will do for 80% of the time what it has been doing. To know what will possibly happen to the right, look to the left.
Last bars are in a bull trend.
My opinion on statistics tell me 60 % chance of possibly bull trend resumption for at least another leg towards 0.000039 and 40% chance of turning in to trading range or at the worse bear trend.
Hardest lesson learned; ALWAYS use STOPLOSS!!!!!!!!!! take the loss believe me it is worth it. otherwise you are not trading but you are gambling.
Shibausdt
TS ❕ BTCUSD: long once again Today the coin is also in the mood for purchases. Both of the prices 42613.30 - 43531, which acts as support, are expected to send the price towards 45484.25.
BUY scenario: One can wait for the price to close above the level of 43531 and go long. However, the current prices are attractive to buy as well.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SHIB rebounded from the first resistance and maintains support.Hi,
Please take a look at the SHIB / USDT chart in the 4H interval.
We can see that the price has shot up after the last retest, broke the downtrend and is currently staying above the support we have at $ 0.00003087, in the event that the current support fails to hold the next is at $ 0.00002830.
At the moment, the first resistance should be at the price of $ 0.00003506, while if we manage to break it, the next resistance is $ 0.00003989.
SHIBUSDT | The best scenario for climbing✔️Hello traders, SHIBUSDT in daily timeframe , According to the counting and analysis of the main waves 1 and 2 of this process, it is over and now we are in the wave of wave 3.
From the main wave 3, wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Wave 2 is formed in the form of a zigzag and from this zigzag the waves a and b are finished and now we are inside the wave c.
In short, the c-wave formed a five-wave leading triangle; From this triangle, waves 1, 2, 3, and 4 are formed very normally, but wave 5, wave 5, have a more than normal downward wave compared to the previous waves, and considering that we think this wave is formed in a flattened way, we will give the possibility of another drop.
The channel was broken upwards and formed ascending, and according to the count we had, the i and ii waves were formed, and the iii wave is in its final two microwaves when it reaches the ceiling of the purple channel that we considered.
Then wave iv corrects half of wave iii and wave v goes up to half of the zigzag of wave-2, ie the range 000039.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
SHIBA will pull back here before the lift offMarket Instrument: SHIBUSDT
Timeframe: Daily
Analysis: Technical
Structure: Support, Minor Resistance, Trend Line
Prediction: Bullish
SHIB can retest the broken trend line one more time before the lift-off. The minor resistance at the moment showing a sell-off and this can show up as a pullback. After the pull back we have a greater chance of continuing the bull rally to the upside breaking through resistance.
#SHIBUSDT,going crazy againSHIB finally show a respect to all his investors, now it really depends on whales of ETH which hold big amount of SHIBA.
with incoming updates and the procedure for burning Shiba, price could reach high targets.
yesterday spikes prove that investors still believe this mem coin worth to hold however in the future updates we couldn't say that shiba
is just a meme coin!!
with high demands continue SHIB could break upper resistances.
TS ❕ ETHUSD: 3000$ behindThe likelihood of continued growth is high. The price has overcome the significant psychological level of 3000$ and now the growth is gaining momentum.
BUY scenario: Level 3082.35 is considered as an entry point. It is necessary to wait for the price to close above this level. The growth target is now the level of 3271.60.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Shiba Inu (SHIBUSDT) at huge daily resistance combinationShiba Inu (SHIBUSDT) at huge daily resistance combination.
#1 - MA Ribbon (can Shiba flip it bullish?)
#2 - volume profile (red line)
A break through should be confirmed before dreaming of higher prices.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SHIBUSDT-LONGBased on technical factors there is a long position in :
SHIBUSDT Shiba Inu
Score 2️⃣
🔵Long Now or set on Key Level 0.00002180
🟢Target 1 0.00002410
🟢Target 2 0.00002595
❌Stop loss 0.00002105
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
SHIBUSDT-LONGBased on technical factors there is a long position in :
SHIBUSDT Shiba Inu
Score 3️⃣
🔵Long Now or set on Key Level 0.00002125
🟢Target 1 0.00002280
🟢Target 2 0.00002410
🟢Target 3 0.00002710
❌Stop loss 0.00002040
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
SHIBA INU, the fall continuesSHIB is in a big value area. It is worth highlighting the lower boundary of this range, which acts as a key level. Price has tested this level many times. With each test, support is weakening and a breakout may occur soon.
In the case of a squeeze and breakout, there could be a good opportunity to sell.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
SHIB is moving in a bearish triangle pattern, What's next goal?As you can see on the chart, Shiba is moving in a big bearish triangle pattern for about 10 Days!
What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin.
Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle.
In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.