SHIBA INU UPDATE
In this video i will be explaining my idea for shiba inu token
Please like and share if you found this video helpful
Thanks for watching!
In this video i will be explaining my idea for shiba inu token
Please like and share if you found this video helpful
Thanks for watching!
Its either gonna go up or down.
Not sure how much, maybe back down to that last big support yesterday.
Or it could go up to 69k, like go ATH again, but I doubt that one.
I made like 15% last night, trading on 1m SHIBUSDT, buying low and selling high. About 70% success rate, but then I lost it all this morning, panicking.
Fuck it just went up D:
I'm drawing wedges and parallel lines to visualize the trends of common resistances and supports. They seem to bounce from top to bottom, then when nearing a convergence, it'll shoot off to meet another line.
Someone mentioned head and shoulders pattern, but I'd call that scoliosis.
Someone else just said it'll ATH again in 3 hours, I'll be sleeping.
I feel like I'm learning sometimes, but I fuck up a lot. Havin fun tho
Good luck fellas, godspeed
If you're wondering if a dip in those MEME coins is a buying opportunity or a sign the party's over, measuring % price drops during such big rallies is a very valuable tool.
Here's how:
Track the % retracements: During a big rally or steady uptrend, healthy pullbacks typically retrace similar percentages. So, simply measure the size of each dip and compare them.
Identify consistent retracements: If the current pullback falls within the established range, it suggests a potential buying opportunity for a continuation of the trend.
Watch for deepening drops: A price drop that is relatively bigger than prior retracements might signal a weakening trend or a longer consolidation period.
So, use this information to adapt your buy point and risk appetite if you're eager to participate.
Here's an exemple of a previous rally in DOGE
DOGEUSDT -
boost and follow for more π in the last few weeks shiba has finally broken its bearish downtrend, its time for the bulls to take the wheel... sorry bears π
maybe a bit of sideways/consolidation before the next move, but looking for a rally .000054-.000067-.000088 in the medium/short term. π―π₯
Trading Setup:
There is a Trading Signal to Buy in SHIBUSDT SHIBAINU (h4) (spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0000306
⭕️SL @ 0.0000225
π΅TP1 @ 0.0000540
π΅TP2 @ 0.0000667
π΅TP3 @ 0.0000830
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes π and comments.
πAnalysis by AhmadArz:
πEntry: 3645
πStop Loss: 3437
π―Take Profit: 3955-4216-4455
π"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
π‘Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
πPlease boost andπ¬ comment to share your thoughts with us!
Shib will might face a pull back as we are on RSI 90!