BABY CAN FLY🐶✅PREVIOUSLY ON Baby Doge Coin
The bullish trend could've begun since 0.000000001200(lime4)
💡0...0(BUY)
↗️5waves(impulse)
💡1...0.000000002970(SELL)
↘️1wave(correction)
💡2...0.000000000421(BUY)
↗️5waves(impulse)
💡3...0.000000005220(SELL)
↘️3waves(correction)*Rule of Alternation
💡4...0.000000001200?(BUY)
↗️5waves(impulse)
💡5...*(SELL)
↘️5waves(impulse)
💡A...*(BUY)
↗️3waves(correction)
💡B...*(SELL)
↘️5waves(impulse)
💡C...*(BUY)
✅ WHERE WE ARE
If the trend has been bullish since 0.000000001200, we should wait for the beginning of the impulsive wave.
As of now, 0.000000001681(FIb61.8) is a good level to be bullish.
*As long as 0.000000001200 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
👉 Other Inu
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Inu
BULLISH IMPULSIVE WAVES WOULD GO ON🐶🚀✅PREVIOUSLY ON SHIBA
We'd been on the corrective waves since 0.00008854
As 0.00002824 could be numbered 4(lime), wave 5 could've begun.
Counting Based on Weekly candles.
💡0...0
↗️5waves(impulse)
💡1...0.00003528
↘️long zig-zag 3wave(correction)
💡2...0.0000051(BUY)
↗️5WAVES(impulse)
💡3...0.00008854
↘️simple 1wave(correction)*Rule of alternation
💡4...0.00002824?(BUY)
↗️(impulse)
💡5=above 0.00008854
💡A...?
💡B...?
💡C...?
✅ WHERE WE ARE
We were waiting for the beginning of the next impulse, and 0.00003543- 0.00003268 is a good zone to be bullish again. We can expect a bullish impulse.
Once 0.00003987 is broken, a stronger price movement can be expected.
👉 Another Shiba
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💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
*As long as 0.00002824 remains unbroken, this idea is valid.
Shiba_inu trend Will Shiba trend change this? As you can see, Shiba is in a very good place in the daily time frame in Stochastic RSi and in a neutral place with a rising trend in HMA, the channel is still showing a downward trend, but this trend can change depending on the beginning of the year. And finally it goes up, I'm optimistic about drawing Shiba, the chart tells me Shiba can start fast, it 's still a process of change, but I'm looking forward to going up, which I hope it can.
Shiba_inu ,,, Donchian Channels Hi .....
Donchian Channels (DC)
Definition
Donchian Channels (DC) are used in technical analysis to measure a market's volatility. It is a banded indicator, similar to Bollinger Bands %B (%B). Besides measuring a market's volatility, Donchian Channels are primarily used to identify potential breakouts or overbought/oversold conditions when price reaches either the Upper or Lower Band. These instances would indicate possible trading signals.
History
The Donchian Channels (DC) indicator was created by the famous commodities trader Richard Donchian. Donchian would become known as The Father of Trend Following.
Calculation
For this example, a 20 day period is used which is a very commonly used timeframe.
Upper Channel = 20 Day High
Lower Channel = 20 Day Low
Middle Channel = (20 Day High + 20 Day Low)/2
The basics
Donchian Channels are one of the more straightforward indicators to calculate and understand. The indicator simply takes a user defined number of periods (20 Days for example) and calculates the Upper and Lower Bands. The Upper Band is the high price for the period. The Lower Band is the low price for the period. The Middle Line is simply the average of the two.
The main function of Donchian Channels is to measure volatility. When volatility is high, the bands will widen and when volatility is low, the bands become more narrow. When price reaches or breaks through one of the bands, this indicate an overbought or oversold condition. This can essentially result in one of two things. First, the current trend has been confirmed and the breakthrough will cause a significant move in price in the same direction. The second result is that the trend has already been confirmed and the breakthrough indicates a possible small reversal before continuing in the same direction.
What to look for
Trend Confirmation
Oftentimes, in a clearly defined trend, overbought or oversold conditions can be a significant sign of strength.
During a Bullish Trend price moving into overbought territory can indicate a strengthening trend.
During a Bearish Trend price moving into oversold territory can indicate a strengthening trend.
Overbought/Oversold
During a Bullish Trend, price may move
The Donchian Channels indicator (DC) measures volatility in order to gauge whether a market is overbought or oversold. What is important to remember is that Donchian Channels primarily work best within a clearly defined trend. During a Bullish Trend, movement into overbought territory may indicate a strengthening trend (especially if the movements occur frequently during the trend). During a Bearish Trend, frequent movement into oversold territory may also indicate a strengthening trend. Also, during an uptrend (downtrend), movements into oversold (overbought) territory may just be temporary and the overall trend will continue.....
Shiba Play AgainShiba made a quick rush and i hope u took ur profits from my last analysis.
so now that you are rich :P, you can gamble a bit more but you do not want to buy a retracement.
Don't forget also that MEME's Tokens are for fun, there's not Tech behind, so Take it easy and play Wisely if u don't want REKT.
- will post in comments my older Shiba Analyses
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Trading Plan
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- Now : Nothing to buy
- Buy : 5300 ish
- Rebuy : 3500 ish
- TP : 10000+
- Your Stop should be just under the last accumulation : 2700 ish
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Stay Safe!
Happy Tr4Ding !
Is Shiba Inu set for a new rally in the festive season? Shiba Inu has halted the downtrend and begun to rally. A bearish triangle kept the price down in the past week, and now bulls are looking to break out.
Shiba Inu was the third most used crypto on the Ethereum network last week, and recently a whale bought $136 million worth of SHIB. It remains close to the original meme crypto Dogecoin. Could it overtake it again?
If the trend is broken, then 0,0000490 could be a feasible target for bulls. If downward price action occurs again, then the price of 0,00003200 will continue to be an important level for bulls to hold. Let’s see how the fun meme crypto performs during the festive season.
SHIBUSDT Shiba at low risk areas #SHIBFalling Wedge with Bull div on daily MACD Histo. at a Ice Line Support and at a .886 fib retrace. deep fn value imo!
If it falls below $.00003 and start closing candles below that level its basically game over for shib and only support could be the daily 200sma.
Shiba inu Correction modeAs you can see, after a sharp rally Shiba had experienced, it started its correction phase and created a bull flag ( bearish channel ). Shiba has 3 supported zone, one of them has been broken and the second one has been touched and supported the price. Since then, the price has stocked around the first broken supported. In the lower timeframe, you can see the price has created a trading range which the powers of both sides are equal. It has to gain power to break the bearish channel and end the correction phase and start a new impulse phase. Before that, the market is neutral. I expect the price to remain in this trading range for at least 01/05/22 and anything bullish will occur after that. beside, 3rd support touch is low probable but it depends on the total crypto market. After
the break out of the bearish channel ( bull flag ) the first target is the previous top and the second one is 0.00017 zone.
LONG DOGE FROM SPRINGThe Wyckoff Accumulation schematic and DOGE/USD price look very similar. We'll know really fast if this idea is invalidated because the schematic suggests very quick appreciation in price after the spring. Price has been rangebound for months and if I've learned anything about long accumulation ranges on meme coins its that they break upwards.
🔥 SHIBA Bear Flag: Volatility ExpectedSince yesterday's massive sell-off, SHIBA has been following a clear triangular pattern, also known as a flag. Since the pattern appears during a bearish trend, it's a bear flag.
Consolidation patterns, like this flag pattern, often result in a volatile move once the pattern is complete. Since this is a bearish continuation pattern, statistically a bearish break out would be more likely.
However, the current dip is being bought up very quickly, so I wouldn't be surprised if SHIBA made a bullish move withing the next couple of hours.
In case of a bullish break out, wait for the price to close above the yellow dotted line before entering. Same goes for bearish, but on the other side of the pattern.
Targets placed at recent local tops and bottoms.
Happy trading!
THE GREAT LONG OPPORTUNITY HAS COME AS EXPECTED🐶🚀🚀🚀✅PREVIOUSLY ON SHIBA
We'd been on the corrective waves since 0.00008854
We had been waiting for the best long opportunity since the 28th October.
Counting Based on Weekly candles.
💡0...0
↗️5waves(impulse)
💡1...0.00003528
↘️long zig-zag 3wave(correction)
💡2...0.0000051(BUY)
↗️5WAVES(impulse)
💡3...0.0003528
↘️simple 1wave(correction)*Rule of alternation
💡4...0.0003602?(BUY)<- we'd been waiting for
↗️(impulse)
💡5=above 0.00008854
💡A...?
💡B...?
💡C...?
✅ WHERE WE ARE
We can see the extended zigzag bearish 5 waves from yellow circled 4.
Some of the trendlines which I drew and 0.00003697(Fib61.8) were very strong support levels, and the price bounced at 0.0003602.
The bullish impulsive waves are coming if my counting has been right since 0.00000510, the 21st September.
👉 Another Shiba
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👉 Another Dog
www.tradingview.com
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉