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Saturday, December 9, 2023

December 09, 2023 at 07:38PM Sorry SHIB, you won't make it ... [ Medium-term Call]

Sorry SHIB, you won't make it ... [ Medium-term Call]

SHIB / TetherUS BINANCE:SHIBUSDT

uhm ohm... Should I speak out the truth?

SHIB WON'T MAKE IT, that's it

Our lil Shiba currently faces a massive convergence of Resistance.

And you know, it reacts TERRIBLY. Pinbar, Signs of Distribution, Fibo Ratio, Volume, Retest,... we already have all the necessary pieces for A BIG SHORT.

This is the early call, so I don't guarantee SHIB will Fall Immediately. Observe Shib's PA carefully and find your best position. The risk is now low enough for us to consider an A-rated seat.

WHAT SHOULD A WISE TRADER DO?

  • Long position holding: Adjust your stop-loss to protect your profit, or take profit

  • Short position holding: Keep your stop-loss near the nearest red line. If the stop loss reaches, then we will wait for better conditions( Or abort this plan and re-analyze)

  • Who still hasn't done anything? Don't Long.


DreadKongDotCom DMZ Game Playthrough 58

December 08, 2023 at 11:25PM SHIB/USDT Anticipating a Bullish Breakthrough? πŸ‘€ πŸš€SHIBA INU

SHIB/USDT Anticipating a Bullish Breakthrough? πŸ‘€ πŸš€SHIBA INU

SHIB / TetherUS BINANCE:SHIBUSDT


πŸ’ŽYello Paradisers, let's dive into #SHIBUSDT latest market moves. Currently trading in a demand zone, It is gearing up for a critical test of its supply level. A successful breach could pave the way for a robust bullish movement.

πŸ’Ž Tracing #SHIBAINU recent path, we've seen it adeptly navigate a descending trendline. It recently broke above this line and, following a retest, continued its bullish trajectory. Now, as SHIB approaches the supply zone at $1141, a slight pullback might occur before it potentially breaks through, which could lead to tackling a more formidable supply level.

πŸ’Ž But let's not get ahead of ourselves. In the unpredictable world of crypto, #SHIB traders need to be ready for various possibilities. If SHIB struggles to surpass the supply zone and loses momentum, pivoting to a recovery plan from the support level of $962 is crucial.

πŸ’Ž Importantly, a downturn below this support level would signal a need for a strategic overhaul. Such a turn might mean reassessing the bullish outlook and tweaking trading strategies to align with the evolving market scenario. πŸŒ΄πŸ’°