Had a small pump from the lows and now appears to be breaking out from a 3 wave correction and this could be the start of the next wave up.
The 3rd wave is a contraction pattern also with contracting oscillation.
I think this may be a clue that quite a pump could be in the pipeline.
On weekly chart as we looked at before SHIB appears to be in a long contractive accumulation.
When SHIB pumps hard when it gets going and this could be very explosive.
Looks a great buy right here 👍.
Not advice.
The 3rd wave is a contraction pattern also with contracting oscillation.
I think this may be a clue that quite a pump could be in the pipeline.
On weekly chart as we looked at before SHIB appears to be in a long contractive accumulation.
When SHIB pumps hard when it gets going and this could be very explosive.
Looks a great buy right here 👍.
Not advice.
Comment:
Here come the dogs.
Comment:
SHIB up 145% in a week.
Comment:
SHIB
The Wyckoff CREEK is not specific to market bottom accumulations, its all the same up high in re-accumulation (though you'll do well to find solid content on it).
Whether it be a cycle low, or a momentary wobble; it is the part of the corrective phase where the bearish impetus is weak and a tidy descending channel forms before a breakout to the upside.
SHIB is already in the skies but it looks like it is preparing for the next wave up 🙈.
The Wyckoff CREEK is not specific to market bottom accumulations, its all the same up high in re-accumulation (though you'll do well to find solid content on it).
Whether it be a cycle low, or a momentary wobble; it is the part of the corrective phase where the bearish impetus is weak and a tidy descending channel forms before a breakout to the upside.
SHIB is already in the skies but it looks like it is preparing for the next wave up 🙈.
Comment:
Its nice that a few of you remember that I was very bearish on crypto once. Those were funny times.
(See thread below).
And these are fun times also but with meme coins pumping hard, there could be a market correction in the pipeline...
Not just yet though, Bitcoin still looks solid.
Gravy train continues for now and we'll see if SHIB can have another wave up.
(See thread below).
And these are fun times also but with meme coins pumping hard, there could be a market correction in the pipeline...
Not just yet though, Bitcoin still looks solid.
Gravy train continues for now and we'll see if SHIB can have another wave up.
Comment:
SHIB
Is flattening out and this very shallow descending channel can I think be labelled the Wyckoff "Creek;" building cause for the next wave up 👍.
Is flattening out and this very shallow descending channel can I think be labelled the Wyckoff "Creek;" building cause for the next wave up 👍.
Comment:
On higher time frame on Line Chart to remove noise, its a simple and shallow 3 wave correction
Comment:
SHIB
As I keep saying; it is a really mixed bag.
SHIB showing no signs of weakness in this area so far.
There is an increasing disparity between coins of weakness and strength.
This might pump again soon enough 🧐.
As I keep saying; it is a really mixed bag.
SHIB showing no signs of weakness in this area so far.
There is an increasing disparity between coins of weakness and strength.
This might pump again soon enough 🧐.
Comment:
I've been 75% out for some time, but today 100% out.
Its been a great trade, but now altcoins are getting smashed with Bitcoin not even in a higher time frame correction.
See my Bitcoin thread for details.
I'll be looking for deep buys but i might not give them all away.
Its been a great trade, but now altcoins are getting smashed with Bitcoin not even in a higher time frame correction.
See my Bitcoin thread for details.
I'll be looking for deep buys but i might not give them all away.
Comment:
SHIB getting smashed now and probably going all the way home.
It was good to take profit before this dump action 😼.
It was good to take profit before this dump action 😼.
Comment:
SHIB
A significant bounce now looks on for SHIB.
Profit to be made here, but after such a steep slump I think there are other coins in better positions at this juncture.
You never know though with SHIB, it may have an electric pump again.
And it will probably at least get up to the 0.618 retracement; up 62% and perhaps much more...
But the really great trade for SHIB is in the past now I think that I made back in November 2023..
Remember that multipliers vs diminishing returns really do make a big difference.
The herd always want to chase after coins that already pumped hard.
But the big percentages are to be found with coins in deep positions 🤨.
A significant bounce now looks on for SHIB.
Profit to be made here, but after such a steep slump I think there are other coins in better positions at this juncture.
You never know though with SHIB, it may have an electric pump again.
And it will probably at least get up to the 0.618 retracement; up 62% and perhaps much more...
But the really great trade for SHIB is in the past now I think that I made back in November 2023..
Remember that multipliers vs diminishing returns really do make a big difference.
The herd always want to chase after coins that already pumped hard.
But the big percentages are to be found with coins in deep positions 🤨.
Trade active:
SHIB
Now looks quite a nice dip buy here.
Its come back to the highest volume red POC.
There has been a lot of sideways price action in this area and so that can act as support.
I bought some here 👍.
Now looks quite a nice dip buy here.
Its come back to the highest volume red POC.
There has been a lot of sideways price action in this area and so that can act as support.
I bought some here 👍.
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Many Trade Ideas Every Day 📈
Regular videos ✨.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
