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Wednesday, December 11, 2024

December 11, 2024 at 07:53AM SHIB | ALTSEASON | Another PUMP for ShibaInu?

SHIB | ALTSEASON | Another PUMP for ShibaInu?

SHIB / TetherUS BINANCE:SHIBUSDT

The reason why I argue that SHIB (and many other alts) are still due for increases, is largely because of two reasons : ETH, and the BTC.D chart.

On the topic of ETH new ATH, more info on that reasoning here:


I've been watching (for months) the interplay between the Bitcoin dominance chart, Bitcoin, and the Total3 chart. There's an interesting hidden pattern that exists here if you overlap them together, giving key insights on the timing of the Bitcoin ATH, and Altseason.
More info on that here:

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SHIBUSDT ETHUSDT

US Dollar recovers after strong NFP report - FXStreet

Tuesday, December 10, 2024

DXY: Head and shoulders pattern appears to have formed – OCBC - FXStreet

Monday, December 9, 2024

December 09, 2024 at 06:56AM SHIB/USD Trendline Breakout

SHIB/USD Trendline Breakout

SHIB / TetherUS BINANCE:SHIBUSDT

SHIB/USD is showing signs of a trendline breakout above the resistance level at **0.00003997**. A confirmed breakout and sustained price action above this level could trigger an upward rally.

Entry: Above 0.00003997 in weekly candle
Stop Loss:Place below the breakout candle or trendline (depending on your risk tolerance).
Targets:
First Target (T1):0.00005216
Second Target (T2):0.00006705
Final Target (T3): 0.00008697

Key Notes
- Ensure proper risk management as cryptocurrency markets are volatile.
- Look for volume confirmation to validate the breakout.
- Monitor for potential retests of the breakout level for added entry opportunities.

Would you like any chart or graphical representation of this analysis?