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CobraVanguard
Apr 23, 2024 10:01 AM

I Cannot SHORT This !!! Long

SHIB / TetherUSBinance

Description

Hi.
➡️ the odds of another bullish Movement is Pretty high because the pattern which SHIB is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....


✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢REEGULAR BULLISH Divergence
🟢 No break out yet!
🟢 FALLING WEDGE


✨Targets are:
🎯$0.00002969
🎯$0.00003280
🎯$0.00003660
🎯$0.00003930


❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.

Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Comments
MyCryptoParadise
It's wise if we wait for break the pattern for the entry. Great observation!
Ftradorex
Elliot Wave to know limit range and build abc structure. ABC to predict direction. Nice work.
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