Look, this is just an observation. Maybe this will help you choose the your timing. The good thing about this chart is that other coins look at Bitcoin but react with a multiple. I think we are at a pivot point.
Ok now, see that blue circle? that’s a mini reverse head and shoulders within the bigger one I talked about in my last post. The train has now yet left the station but it will, sooooon, so hurry up goddamit☺️
- Do I detect.... reverse Head and Shoulders? - Yes... my Lord. Call me crazy, but I see H&S pattern on my 4H chart. We all know what that means.
well, we have wondered in the dark aka “descending channel” for far too long now, but SHIBA is ready to get out of hibernation and up to 0,000065
Hey pips, check out this chart… have u seen such a horizontal gap before? this is interesting…. someone is getting super greedy. Shiba can go some better places from here. Try and test it, don’t forget to never go naked. Use OCO orders or a limit fork( whichever you prefer to call it)
Shiba going up… Im just saying…this time for real ( I hope)
I have posted this similar pattern announcement a little while ago. this one is another breakout. you want to make money? just buy here and get out at + 15-20%
OMG!!! christmas is early for SHIBA. look at that chart and price action!!!!!!! that’s a beautiful trend reversal, almost textbook.
Ok pips, right thee in a circle - that’s called shadow. in this case, this is good. why? every time you see a shadow below the candle on a bog time frame like a daily chart - that’s a buy signal. remember, never go naked, protect your downside
well, this is very early and i could be wrong about it but this looks like a channel formation ( fingers crossed) inside a bigger down channel. So, the ideas is the so called market breath. market needs to breath in and out. on the chart, you can see it that the numbers, they need “space”… you can’t just jam everything in and go up and down vertically all the...
Well, we had a breakout, we made money. Good. question: now what? now we look at the bigger picture. The one I am seeing is that descending channel. So far, we are climbing to touch the upper border around 0,000065… then - we shall see. it’s all about going in at liquidity points with a stop loss and testing our ideas. what you see on the picture is my ideas : so...
See? Told you. Charts and patters reflect human activity, emotions and intentions. People are predictable.
statistically, a triple bottom should become a cup and a handle pattern, which is exactly what’s happening for SHIBA. it’s happening. Boom!
As a follow up to my previous post. Here is a reversal wedge on top of a local triple bottom. That is a good sign. Up up up from here.
Ok pips, I’m seeing a local triple bottom here… thats a reversal pattern. Plus, look at the EMAs… on 3H charts we finally see 50/100/200 lining up nicely and when the BLACK EMA (50) crosses up the other two…. that is a break out and you know what that means.