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Sunday, October 13, 2024
DreadKongDotCom DMZ Game Playthrough 411
October 13, 2024 at 05:51AM SHIBUSDT Breakout on Support
SHIBUSDT Breakout on Support
Here we have identified a breakout on support which can be expected to drop down further with the ongoing bearish sentiment. Look over the price action below the highlighted support for a possible short entry.
October 13, 2024 at 12:24AM Shiba (SHIB) – Return to the Right Shoulder of a Head & Shoulder
Shiba (SHIB) – Return to the Right Shoulder of a Head & Shoulder
On the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level.
Trading Scenario:
• Long: If the resistance is broken, aim for the next resistance level to take profits.
• Short: If the price is rejected at the resistance, a pullback to lower levels is possible.
Saturday, October 12, 2024
October 12, 2024 at 12:00PM SHIB SHORT IDEA - 1000SHIB FUTURES SHORT
SHIB SHORT IDEA - 1000SHIB FUTURES SHORT
Price hit to supply zone and looks pretty heavy imo. LTF market structer shifted and it gave me confident to enter short side. I am also awaiting bitcoin to drop a litle (see my bitcoin chart on my profile) so they can work together.
Targets can be seen on the chart.
Nothing i share is financial advice. Education purposes only.
DreadKongDotCom DMZ Game Playthrough 409
October 12, 2024 at 03:34AM Shiba Inu Positioned for Another Rally
Shiba Inu Positioned for Another Rally
Shiba Inu Positioned for Another Rally
Shiba Inu recently broke out from a bullish channel, positioning the price for an upward movement.
On the 60-minute chart, we also see a small triangle pattern indicating a second accumulation phase, increasing the likelihood of a bullish trend emerging soon.
A very strong resistance is expected near the top of the channel pattern. If the price moves above this initial resistance zone, it should further boost the bullish momentum.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Friday, October 11, 2024
October 11, 2024 at 03:21PM $SHIB LONG Position
$SHIB LONG Position
SHIB has formed a good triangle formation. The breakout had just occurred. Continuation will happen after correction.