Shiba Inu Analyze🦊(11/27/2022)!!!Shiba Inu is running near the support line.
I expect Shiba Inu will go up at least to the resistance line and PRZ (Price Reversal Zone).
Shiba Inu Analyze ( SHIBUSDT ) Timeframe 2 days ⏰ (Log Scale).
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Shibusd
SHIBUSD Major bullish break! Repeating 2021??Exactly 2 months ago we posted the following 'odd' idea after we found similarities between Shiba's (SHIBUSD) post-May 2022 price action with the May - September 2021 sequence:
The fractals looked identical, the RSI sequences too and the 2021 price action fit well inside the 2022 one.
Today Shiba broke above the Lower Highs trend-line that has been in effect since May 05 2022. The 1D RSI is extremely overbought but is on levels that compared to 2021 were after the break-out and closer to the Resistance test. It is reasonable to think that a 100% repeat of that fractal and sudden test of the 0.00003 Resistance in a few days is unrealistic to think without the fundamentals of October 2021 and since we are only at the start of the new Bull Cycle.
So a more pragmatic approach would be to use the previous Lower Highs, which as you see match fairly well with the Fibonacci retracement levels from the April 12 High.
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✅TS ❕ AVAXUSD: wedge✅✅ AVAX has reached the resistance level.
The price movement resembles the formation of an ascending wedge.
I'm expecting a fall. ✅
🚀 SELL scenario: short to 16.44. 🚀
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SHIBA INU price probably forms the "Adam and Eve" patternIt is very likely that the process of forming the "Adam and Eve" trend reversal pattern is underway on the ShibUsdt price chart
This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.
If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.
Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500
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✅TS ❕ FTMUSD: correction✅✅ FTM has approached the resistance zone.
The price quickly reacted to the decline.
I expect a correction. ✅
🚀 SELL scenario: short to the support area. 🚀
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✅TS ❕ MATICUSD: resistance area✅✅ MATIC has reached the resistance area.
The price formed a declining peak.
I expect the beginning of the decline. ✅
🚀 SELL scenario: short to 0.9338. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ AVAXUSD: uptrend✅✅ AVAX continues to save movements in the uptrend.
The price is testing the mirror resistance level as support.
I expect continued growth. ✅
🚀 BUY scenario: long to 17.75. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ MINAUSD: resistance area✅✅ MINA is moving in an uptrend.
The price is testing the resistance area .
Rapid growth is possible. ✅
🚀 BUY scenario: long to 0.595. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ BTCUSD: before fixing✅✅ BTC has broken the ascending channel.
The price is fixed above the mirror support area.
I expect growth after the retest of the area. ✅
🚀 BUY scenario : long to 19700. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ WAVESUSD: above the support✅✅ WAVES fixed above the support level.
The price is trading under the resistance level .
I expect growth after fixing above the level.✅
🚀 BUY scenario: long to 2.17.🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ ADAUSD: broke up the channel✅✅ ADA has broken the descending channel.
The price bounced off the support.
Growth is possible. ✅
🚀 BUY scenario: long to 0.346. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ DOGEUSD: bounced off✅✅ DOGE bounced back from the support level.
The price has formed long lower shadows.
Now the asset is in an uptrend.
I expect the trend to continue soon. ✅
🚀 BUY scenario: long above the resistance level . 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
SHIB - Turning Bullish on the Daily, Great Long EntryI like this long entry here. Looking at the daily chart, you can see that the price has fallen over 90% from its all-time high and is finding support from 2021 resistance levels. The daily MACD has turned bullish and crossed the zero-line. Given the large retracement and strong demand zone here, I think this is a good risk reward entry. I'm long here, but if you want to be extra cautious, buy the breakout.
✅TS ❕ MATICUSD: uptrend✅✅ MATIC after reaching the support area and the double bottom, the price turned around.
The asset is moving in an uptrend.
Growth is possible. ✅
🚀 BUY scenario: long to 0.8762. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ NEARUSD: mirror area✅✅ NEAR is moving in an uptrend.
The price is testing the mirror support area.
Rapid growth is possible. ✅
🚀 BUY scenario: long to 1.685. 🚀
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Remember, there is no place for luck in trading - only strategy!
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✅TS ❕ AVAXUSD: double bottom✅✅ AVAX formed a double bottom after breaking through the support area, returned to the support level and bounced up.
The asset is moving in an uptrend.
I expect growth after consolidation above the resistance. ✅
🚀 BUY scenario: long to 13.72. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: will continue to grow✅✅ ETH continues to move in an uptrend.
The asset is above a strong support level.
I expect that Ethereum can grow even more. ✅
🚀 BUY scenario: long to the resistance area . 🚀
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Remember, there is no place for luck in trading - only strategy!
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Shiba Inu SHIB Preice Targets This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Shiba Inu SHIB are:
SHIB/USDT shot
Entry Range: $0.00000820 - 0.00000950
Price Target 1: $0.00000780
Price Target 2: $0.00000720
Price Target 3: $0.00000660
Stop Loss: $0.00001100
SHIB/USDT | Descending Channel Breakout is imminent..!!
#SHIB/USDT Descending Channel Breakout is imminent 🚀 😆
SHIBA is Showing some sort of Signs of life.
Buying Volume is Continuously Increasing & heading towards the Major Trendline Resistance.
If Breakout Happens, PUMP will be EPIC..🚀
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✅TS ❕ FTMUSD: under the resistance✅✅ FTM is moving in the resistance area .
Correction is possible.
I expect the beginning of a downward movement. ✅
🚀 SELL scenario: short to 0.2254. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
✅TS ❕ XRPUSD: rising bottom✅✅ XRP forms a rising bottom.
The price has approached the resistance level.
I expect growth after consolidation over the resistance area. ✅
🚀 BUY scenario: long to 0.373. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Shiba Inu is breaking out! Take a huge profit here.
Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern.
This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo.
Also, on the RSI indicator, we can spot a bullish divergence between the swings. It's also a strong indication that the bears are losing steam.
It's a great time to open a long position on the futures market, as I already did!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Now the most important question is: where is the profit target? On the way up, you obviously want to target strong resistance.
Strong resistance is undoubtedly the start of the previous GAP + top of the parallel channel, and if the bulls break this level, the previous consolidation structure's POC will be reached. You can see these levels on the chart!
If you haven't seen my analysis about Bitcoin's exponential pump, then you must, so check out my related section down below.
December was an extremely good month when it came to opportunities in the crypto market, and January is starting very positively as well.
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