Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Note:
To see more information - review the linked ideas for more crypto and through the analysis links which provide explanation's for further resources.
Also to add - regarding the simplified method of the Shib Burning model, a full detailed model will be available - please contact me for further information.**
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Review the full analysis below;
Monthly Imbalance
Thus far there is not an abundance of Data provided from brokers and platforms - further imbalances will become clearer, however with data analysed - price had immediately sold off upon listing. Creating an immediate low of 0.0000569. The identifiable formation is a cup and handle which can be more visible on the weekly and four day chart. However with an introduction of further establishment of the traction from fundamental plays where new listings occur price can adopt an established consolidation. So new entrants to the market who began immediate price action on the monthly basis begin an immediate change of hands adding buyers to a selling market from the inception.
This has now created a trading rang on the following four months listed whereby 0.0000471 is the established low point forming the monthly imbalance as well as the upper range of the imbalance reaching 0.00000979.
The weekly Imbalance
The reason here for the half candle imbalance is provided for two reasons;
1. Being the Formation of the 50% low Fibonacci from the peak 1.00 at the introduction of Shiba Inu to the market.
2. The second reason for the 50% candle imbalance - is due to the upper 50% quartile using probability for price to retest the body of the candle for buying targets.
Price did change hands from a selling market by creating three consecutive higher lows on the weekly timeframe, offering a >50% probability for buying power and long positions to be taken.
Again using a fundamental backing with further adoption of users and further development of the project to become a useable token, the development through to the usage of Leash and Bone. - revert below to what is Leash & Bone.
8 Hour formation;
There is a combination whereby the grey bottom correctional channel line is a 4hour line, but this as provided by the screenshot shows a clear 8hour view also encompasses the correctional channel.
The channel has offered price action to move towards the upper channel boundary which will now play an important break and retest or rejection for longs as the imbalance has now formed upon the 50% high probability of a rejection of the pivot zone.
Daily talk points
The daily ray is intact with 3 zones of a trend rejection showing the longs are in positional play
The daily close out of the correction shows that the 50% and 0.000047X is a strong psychological value which rests upon a daily and weekly imbalance zone.
The lower highs being created from the wicks by looking left have offered shorts to be closed out and retested with sellers unable to provide lower lows in the market.
This is a sign the trend is reversing for you support and resistance traders.
Please be aware that while analysing ETH, BTC, XRP, ADA - the reversion imbalances have often tested 70.5% so expect a pullback to the weekly zone as shown below. To see further studies of this - review my other analysis'.
What the top formation correction would offer at a high probable scenario
The chart speaks for itself as to what occurred.
Do you enjoy the setups?
Professional analyst with 5+ years experience
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXI
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Note:
To see more information - review the linked ideas for more crypto and through the analysis links which provide explanation's for further resources.
Also to add - regarding the simplified method of the Shib Burning model, a full detailed model will be available - please contact me for further information.**
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Review the full analysis below;
Monthly Imbalance
Thus far there is not an abundance of Data provided from brokers and platforms - further imbalances will become clearer, however with data analysed - price had immediately sold off upon listing. Creating an immediate low of 0.0000569. The identifiable formation is a cup and handle which can be more visible on the weekly and four day chart. However with an introduction of further establishment of the traction from fundamental plays where new listings occur price can adopt an established consolidation. So new entrants to the market who began immediate price action on the monthly basis begin an immediate change of hands adding buyers to a selling market from the inception.
This has now created a trading rang on the following four months listed whereby 0.0000471 is the established low point forming the monthly imbalance as well as the upper range of the imbalance reaching 0.00000979.
The weekly Imbalance
The reason here for the half candle imbalance is provided for two reasons;
1. Being the Formation of the 50% low Fibonacci from the peak 1.00 at the introduction of Shiba Inu to the market.
2. The second reason for the 50% candle imbalance - is due to the upper 50% quartile using probability for price to retest the body of the candle for buying targets.
Price did change hands from a selling market by creating three consecutive higher lows on the weekly timeframe, offering a >50% probability for buying power and long positions to be taken.
Again using a fundamental backing with further adoption of users and further development of the project to become a useable token, the development through to the usage of Leash and Bone. - revert below to what is Leash & Bone.
8 Hour formation;
There is a combination whereby the grey bottom correctional channel line is a 4hour line, but this as provided by the screenshot shows a clear 8hour view also encompasses the correctional channel.
The channel has offered price action to move towards the upper channel boundary which will now play an important break and retest or rejection for longs as the imbalance has now formed upon the 50% high probability of a rejection of the pivot zone.
Daily talk points
The daily ray is intact with 3 zones of a trend rejection showing the longs are in positional play
The daily close out of the correction shows that the 50% and 0.000047X is a strong psychological value which rests upon a daily and weekly imbalance zone.
The lower highs being created from the wicks by looking left have offered shorts to be closed out and retested with sellers unable to provide lower lows in the market.
This is a sign the trend is reversing for you support and resistance traders.
Please be aware that while analysing ETH, BTC, XRP, ADA - the reversion imbalances have often tested 70.5% so expect a pullback to the weekly zone as shown below. To see further studies of this - review my other analysis'.
What the top formation correction would offer at a high probable scenario
The chart speaks for itself as to what occurred.
Do you enjoy the setups?
Professional analyst with 5+ years experience
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXI
