Shib
GST Long$GST Green Satoshi Token seems to have choose the path UP vs DOWN for now. It may just be bouncing the levels in the triangle. We shall see. If continues up, take profit at marked red circle. If no breakout, expect retrace and swing trading to bottom triangle trendline or buy area. The coin is quite unpredictable. But we do what we can. Lol.
SHIB🐕 breaking out once again? 2Wassup guys! This is a follow-up to my last SHIB idea where we had no trade in the end...
It's still the same song as we are knocking on the cyan channel upper edge (daily timeframe) again and again:
Price is consolidating right below the channel upper edge in form of symmetrical triangle which is usually continuation pattern. It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001375. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout. If you would like to see SHIB pumping, just smash the 🚀 button! 😀
ENTRY : local high @ 0.00001195
STOPLOSS (SL) : local low @ 0.00001129
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001375
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
🔥XRPvsSEC: WHEN WILL IT FINALLY END? LOCAL TARGETS FOR RIPPLE🔥 Hi friends! The big news for Ripple was realized today. SEC v. Ripple - all briefings are over, the motion has been filed, and the judge's decision is pending! Earlier, Ripple's lawyer said that he hoped for a judge's decision in June.
Finally, this story comes to an end. Hope the decision will help the crypto market to grow and develop.
Now we see how Ripple is squeezing to trendline and trying to break it. If the next candle after the breakout will close below the trendline, it will mean that bulls have no enough power to push price higher. In the case of a false breakout, I recommend you to open a short with sl above the highs.
📊 TRADING PLAN FOR XRP:
🔥false breakout of the $0.4 key level
🔥 volume growth
🔥 bearish BTC will push the alts lower
🚩 If XRP will continue to consolidate above the highs, it will be a strong bullish signal. It's a big chance to open a long with these targets..
✅ THE MAIN TARGETS FOR XRP:
1. $0.42- the key level
2. $0.45-0.46 - the value area
3. $0.51 - the key level
Friends, what decision should make the court about XRP case? Will XRP be recognized as fraudulent or will it be acquitted, which will save other similar projects like Ethereum? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$DOGE leading atm - $SHIB not shabby either - Meme coin turn???Please look at profile for more data on this post
LOOK @ S T R E N G T H
$DOGE looks good
As pointed out some time sold ton of $SHIB & rolled most into #DOGE, price is low - high 7's
Would still buy if didn't have
First time EVER, in my personal, anything is similar in size to #SHIB
Who let the dogs out? #meme
#dogearmy #SHIBARMY #crypto
🔥WHERE TO OPEN YOUR NEW NEAR LONGS? TRADING PLAN AND TARGETS🚩🔥 Hi, friends! I think that bulls have enough power to push the price higher. Just take a look on BTC weekly and monthly candles.
So I recommend you to use these pullbacks as the possibility to accumulate more crypto. But where? Here is my trading plan.
📊 MY TRADING PLAN FOR NEAR:
🔥 fill the imbalance at $2.07-2.23
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Bullish BTC is the main precondition to open a long because in this case, all the altcoins will continue to follow it to 20-21k until BTC won't stop.
✅ MY TARGETS FOR NEAR:
1. $2.73 - the mirror level
2. $3-3.12 - the closest value area
3. $3.5-3.65 - the value area
Traders, do you start to close your long trades because of this pullback or wait for the market to pump soon? It is very interesting to know your point of view.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
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SHIB MAY RALLY ANOTHER 40% IF THE PRICE WILL DO A BREAKOUTSHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%.
But the prices and the bullish closings of recent daily candles are following a neutral or bearish sentiment by respecting the upper boundary and the resistance formed. If the price still manages to respect the upper boundary and the resistance as a sell zone, there we may see another bearish trend that can revisit back toward the support highlighted.
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