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SHPINGSHPINGSHPING
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SHPING

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SHPINGUSD trade ideas

SHPINGHello, here i present to you my analysis on SHPING Token. This token is available on Coinbase and other top exchanges. First and foremost, this is not financial advise. All financial decisions are your sole responsibility. This is simply and analysis and opinion. My analysis is displayed on a 3 day time frame chart. As you can see Shping has broken an almost 2 year old trend line (in blue). It can be interpreted as a descending wedge pattern, as price action moves in a way where it reaches an inflection point and the price action is compressed into a tight trading range. This technical pattern is usually followed by an explosive move to the upside. For the past 4 mnths price action has gone flat between the levels of 0.006 ( in white) and 0.004 right bellow (in gold). Thus the 0.004 area can be seen as a high interest level since it has been support and resistance for many months. This has resulted in an inverted Head and Shoulders formation which you can see highlighted in white. What we want to see now, and what i expect, is for price to begin making higher highs and higher lows. This would validate that bulls are now in control and that price will appreciate in the future. Once price breaks and holds above 0.006, we can see impulsive moves to the upside. The RSI in yellow looks to indicate higher highs. The MACD illustrates the same while also showing higher lows in price. This hidden bullish momentum. SHPING could be a winner. 10M market cap currently.
COINBASE:SHPINGUSDLong
by OroBoros777
8
shping scalpsStraight up scalps on this trade, entry on point with the nice U support we could see this push all the way up to $0.015--$0.017 some resistance around $0.008--$0.0092 Zoom in for scalps and out for swing to see what I see on this trade currently watching this on a 15 minute chart even though its posted as a 4hr chart for visual just a prime push for this coin don't lose your bags trying to hold onto this but we will see a push just like we saw SPELL and DNT push up over 50% gains in the day. good luck and have fun with it
COINBASE:SHPINGUSDLong
by Ncard137
Hey you yeah you fuel the rocket 🚀My presentation before was not the best in detail so here I will give you an example. Basic a to b location trend Buy low Sell high. Whatever you're willing to risk adds to the fuel on how high the rocket goes. Selling always limits the books so hold long or sell it's your choice. I'm diversified across 173 cryptocurrencies at the moment with a minimum of $100 in each. As long as 20% of my holdings in all coins rallies up I'm good. Never touch my Bitcoin for ethereum unless it's at the end of a wave cycle. This crypto could go 5X or 500x depending on the volume and how long you're willing to hold. Market cap very low and volatile so scalping is usually profitable. Inevitably it will Short squeeze and are you willing to hold a 500x position. Personally I would leave at least $1,000 -$2000 in long-term and never touch it. Trade separately with however much you choose and make money on the go. Happy trending
COINBASE:SHPINGUSDLong
by UnknownUnicorn35774657
6