1000SHIBUSDT.P trade ideas
SHIB: Bullish DBW, at least 55% of the time$SHIB (Shiba Inu) is forming a Descending Broadening Wedge (DBW) since its last ATH.
This is a Bullish Pattern according to Thomas Bulkowski.
He stated in his book "Encyclopaedia of chart patterns" that there is a 55% possibility of breakout to the upside in a Bull Market situation.
I know that 55% is not that high of a percentage but if we look closely, we’ll se that $SHIB price is currently at a very good support level which could add a logic to the conclusions of the idea of a breakout!
Cheers,
Ghazi
1000SHIB/USDT 1HOUR UPDATEWelcome to this quick 1000shib/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- 1000SHIB/USDT is ascending triangle conform retest more then buy the dip
Entry:-cmp or more in dip
Traget:-
T1:-$0.027145
T2:- $0.027525
T3:- $0.028145
T4:- $0.028640
T5:- $0.029625
Stoploss:- $0.024465
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
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Thank you...
#SHIBUSDT looks ready for another explosive move!! Part IISHIB is trading right above the triangle.
Multiple retests and then likely a pump. Close below this triangle means it could reach the $.038 to $.048 level.
This will be the best price to get in tbh.
Let's wait for now.
I have accumulated at lower levels and will add manually till $.0477 with SL at $.044
My average entry is around $.0525.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
SHIBA INU WHAT HAPPENS FROM HERE??Traders from our chart we can see that the SHIBA INU has been in a symmetrical triangle and had been rejecting on the support level of .044600 the question now is what happens from here??!
Personally from my own point of view I expect to see the SHIBA INU consolidate for a few days on the support level and rally to the upside and if it fails and breaks the support level we can actually see price going to the 0.4000 level.
Trade carefully and support my YouTube channel
#SHIB ready for another wave up! Potentially 140% Rally ahead.Welcome to this trade setup. Last time when I called the SHIB breakout around $.028 many people made insane profits when it rallied 200%+ all the way to $.0896. The chart shows similar fractals.
BTC broke out and made a new ATH resulting into retracements into altcoins.
SHIB on the other hand broke out of the triangle which is a continuation pattern.
As per pattern it could rally almost 140%+.
I know this is huge as per the current Mcap of SHIB but who knows!!
This market is insane.
As long as it stays above the 21D MA mark we could see fireworks in SHIB.
ENTRY : $0.50950 to $0.5500
Targets:-
$0.062
$0.073
$0.086
$0.097
$0.109
$0.125
Stop Loss :-$0.044538
DYOR before taking this trade. This coins is already up alot so trade with Stop Loss, always.
If you like me to post more if these setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE