Shibacoin
SHIBUSDT | The best scenario for falling 📝Hello traders, SHIBUSDT in daily timeframe , Based on the wave count we had:
Waves 1 and 2 are completed.
We are now at the beginning of wave 3, consisting of wave 3, microwave 1, and the structure of wave 2 is being formed.
Wave 2 is usually zigzag and has a steep slope.
The current trend is also zigzagged, and from this pattern wave a is completed and wave b is probably completed.
From this zigzag, only wave c is incomplete and we assume that wave c forms its first wave and completes the rest of the waves up to around 0.002145.
If the red circle and the upper side of the channel are broken, the structure will change and there is no hope for this decline at the moment.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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SHIB, who is stronger the sellers or the buyers? SHIB is also, like most altcoins, in a trading range. For the whole month the price is squeezed between the levels of $0.00003 and $0.00004.
It is worth noting that the price has tried to breakout of this range several times, but all ended up in a false breakout and liquidity collection.
Now we should highlight two main scenarios:
- The first scenario: squeezing and the breakout of the key level can be a good buying opportunity.
-The second scenario: a fall and a false breakout of the lower boundary of the trading range. In the case of a false breakout there may also be a good buying opportunity.
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.
SHIBA INU because you like it!- Like i said before i am not really fan of MEME's Coins, they have no tech behind, but i play with some of them for fun :D
- That said Shiba Creator "Ryoshi" proved for now that he made this token to help people's and grow them and not to rekt them and be greedy.
- Shiba inu community grown to reach 2.4M Followers on Twitter...i never understood how he did it, but he did it!
- Despite Elon Muskitos stays behind Doge, Shiba made much more returns in this bullrun, and that's just a fact.
- Remember those kinds of projects are very dangerous, i really recommend to set a STOP and stick to your plan because you could become an " Forever Hodler ".
- if you don't want to set a STOP LOSS, then invest what u can afford to lose.
- Play as a Trader !
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Trading Plan ( i took out the decimals 0,0000xxx)
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- Notice that Bollinger Band is getting smaller? it could means that we will get a move soon.
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Buy Zone : 30-34
TP1 : 88 ( ATH security TP)
TP2 : 1249ish
TP3 : 1469ish
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STOP : under 24ish
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- i will post my older analysis in comments. please check them to be aware of moves.
- Again Happy New Year to Everyone! Stay Safe !
Happy Tr4Ding !
$SHIB SHIBA breaking outFalling wedge breakout and bullish confluence MACD cross, technically SHIB looks ready to pivot and begin next uptrend leg.
Looking for a move to .00004800 zone , based on price action will assess a "dead cat bounce" or indeed uptrend confirmed.
Volume shelf has acted as support, gotta go long with stop below here. Great R/R on this trade IMO
SHIBUSD: Loading Up Buys 🌑🆙Wow! What a beautiful chart. Price has done a lot of trapping and zone creation over the last few months.
Let's use this to our advantage!
Personally, I believe the price may be ready to introduce some buyers.
This level seems to be exhausted and the price is stalling here, could buyers grip the market over the next few days ⁉️
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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SHIB USDT LOCAL NEXT MOVEHello to all traders. On the chart, we see the end of the correction and the first wave of movement. Perhaps I was wrong with the movement, perhaps the first or third or fifth wave will be much larger than I expect. It all depends primarily on bitcoin.
I accept criticism if it is valid. I will be glad to answer your comments.
SHIB trend reversal and strong supportSHIBA reverses the trend and defends its price level, the situation looks good, the coming days will show if the new trend will continue and if the support will too