1000SHIBUSDT.P trade ideas
SHIB sandwiched between two opposing zonesFor a continuation of the uptrend, I would like to see SHIB breaking the supply zone marked in red, for me to start looking for long entries, but if price breaks the demand zone marked in green, we might roll way down. We're up on the daily but LTF can roll and fool us without breaking any important support/resistance zone.
Are you bullish or bearish?
Here is what SHIBA will doRight now SHIBA is consolidating (going sideways) bouncing on and off pretty strong support and resistance levels. Don't take any trades until a new trend is confirmed (long or short) as shown on the chart.
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1000 Shib Has completed 5 Elliot Waves Do we see a downward consolidations after 180% in gains.
As we can see on the chart 5 elliot waves have successfully completed based on the chart.
Is it time we see the consolidation after such a huge run come in for Shib??
Let me know what you think in the comments as for me i will be taking a closer look and building my short position for the immediate short term
SHIBU - big drop is coming soon 😱😱On the SHIBU chart, the price has approached the $0.0069 level.
Mostly on the chart are the preconditions for a fall:
Compression
Sticking to the level
Approach with small bars
Multiple tests of the key level
Sell after breakdown of the key level
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
$SHIBA $1000SHIB $SHIB - Long Implusive(Coinbase listing has sent this s##itcoin)
previous impulsive move was met with a decent correction of -25% now its sitting at a -20% correction and holding the important Fib level of 618
I'm Long @ .007740
I think a good buy in level is @ ..007480 (Previous high)
If your not in already wait for that level
Happy trading