BINANCE:DOGEUSDT   Dogecoin / TetherUS
hi doge lovers
DAILY Chart
by this analysis doge in its previous Strong impulse (black arrow)
had a correction(Red Arrow) that broke SL3
so its preferred Take profit Level is CTP3
and now this Levels profit is Taken already
but in my opinion if it could break this CTP3 to up, so Price could Go to 1.4
good luck and be careful

ALERT: Trade on Your Risk and analysis. use this prediction along your trade plan and Analyzes.

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What is SHIBO?
I'm researching a method I have named SHIBO.
SHIBO sets the price of the next Target(Take Profit ,TP) based on the price movement of power and its correction.
I am examining this method and determining its rules. To date, this method has been very accurate.
Take a look at previous ideas to see how successful they have been.
After I was able to register this method and style in my own name i will reveal Details.
I must first prove that this method is very accurate.
So I put my ideas together so that more people can get acquainted with it


THINK Simple is my approach. there are no more lines and too many shapes on chart. its simple to understand. if you are looking for complicated analysis so community is full of them. I respect them all.
now go to chart
I calculate Stop Loss(Warning, SL) and Take Profit(TP1,TP2,TP3, CTP ) points based on :
1-price movement
2-price start, high and retracement
3-i don't look for S & R lines(but if you found border line and price are according to them it is a very good Sign)

how to use prediction:
SHIBO show you max of 4 Take Profit line and Warning Level and Stop loss
the best one is TP1 that has higher win rate
but if CTP is lower than TP1 I prefer selecting CTP

using Warning, SL1 ,SL2,SL3: if price bounce from border line(SL) it could take TARGET but if price break border line and close on it so prediction may fail and stop Reach.

Comment: 1 Hour Check
Stop loss Broke...next target could be TP1(Poor probability)

Comments

Hi you

Your idea so well
+1 Reply