The_Crypto_Samurai

MY MINIMALIST ANALYSIS FOR $SHIBA

FTX:SHIBUSD   Shiba Inu


10.113.21 0842H +8 SINGAPORE

MY MINIMALIST ANALYSIS FOR $SHIBA

ALERT: WAITING FOR ENTRY


Although the market looks very bullish, we are still in the FOMO ZONE. Anytime, SMART MONEY will make a BULL TRAP then SHORT the market.
As for me, since I have entered at the lowest earlier these past months as indicated in the ENTRY AREA of VALUE and EXITING almost at the TOP.
I can wait for it to fully correct where STRONG INDICATION OF BUYERS will most be attracted to a PRICE, especially the SMART MONEY. (indicated as orange price mark and bottom of a LARGE BOX as Major and SMALL BOX as minor points)

HOW TO USE MY CHART


It is designed for SWING TRADES at the BOTTOM. I do not SHORT, tho, you can still use it.

Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.

LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.

Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.

This CHART is best used without indicators.

Price action, candlestick/bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.

Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.

Thank You for your appreciation and support.
Comment:
Comment:
OBSERVING Price Action for several hours since yesterday's analysis, SHIBA is coming out strong and will likely RALLY, instead of CORRECTING.
Comment:
ON AN HOURLY CHART
ALERT POSSIBLE ENTRY LEVELS/ZONE /AREA OF VALUE
Comment:
HELP ME OUT WITH THIS on a DAILY CHART
before a really huge rally, it must correct, but the crypto market is carazy.
And so on an hourly chart. I would EXIT on the small minor box.
LONG TERM - I would RE-ENTER on a FIB 0.382 and 0.618

Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.