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bizmark
Oct 25, 2021 7:54 PM

SHIB The Unstoppable? Long

SHIB / TetherUSBinance

Description

Shiba Inu broke up this triangle📐 and I think there is chance for run to 0.00005020 and even higher. Setting BUY LIMIT order to catch the pullback. SHIB just run!
  • ENTRY: local high @ 0.00004000
  • SL: local range low @ 0.00003766
  • TARGET: height of the triangle projected from midpoint of the local range (LOCAL RANGE HIGH - SL) @ 0.00005020
  • RRR: 4
  • INVALIDATION: when SL level hit


Check my other SHIB stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

Trade closed: target reached

🦴🐕
Comments
SPYvsGME
awesome chart.
bizmark
@SPYvsGME, thx, what about this one down below? 😉
UztTrading
great job, fantastic analysis
bizmark
@UztTrading, thank you!
CryptoColor
Thanks. Have you heard of a possible huge token burning in coming days for Shiba?
bizmark
@CryptoColor, actually not. This is just pure TA, no fundies. I think this news is already priced in anyway.
CryptoColor
@bizmark, Maybe. But please take a look at this source (not the only one):

youtube.com/watch?v=Pv_o3JTBTx8
bizmark
@CryptoColor, thanks for the link. The thing is that I can check hour and a half long video, but I probably will not be able to quantify the information in it and base any trade on that. On the other hand I can check the chart and I'm able to trade out of it in few minutes. Thus I just trust the charts (footprints of money flow), not the talks.
sergiovelozm
Bizmark, yours ideas/signals in shib are perfect. If I would have done a scalping a would send you 25% of profit.
bizmark
@sergiovelozm, thanks for the kind words. That would be very generous from you. 😉
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