Many of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm?
Skepticism in hand, there are a few news articles popping up...
Will sand keep on dumping or it would breakout from this falling triangle to the upside? well no decisions to be made for no... if it does break the horizontal line, then i think it would be a great shorting opportunity profit taking target on the downside would be $5 but if does breakout from the triangle to the up side then profit taking target would be $8.2....
I think that for the short term theres going to be a drop for jasmy it's already breaking downwards from the descending triangle. i think it can have a move down to the .14 mark before an eventual continuation higher with the market. Love to hear your guys' thoughts on Jasmy.
Pair pushing eq to upside
Mini deviations(!) happened RL
Have 2 setup but second is more trustly
Now pair have a down trend, when price come 23,5 ltf should be up trend afterly entry more safeful
If price close 3 candle in the breaker(blue box) ı will look for a exit plan
Bullish OB working powerful (at the bottom green box)
My goal; wick hunt for entry & tp
Short term range is working still
Bullish OB (mid red box) & EQ stop price before tp.
If price taking time in bullish OB ı will look ltf(3&5 min) chart and close the pos with optimal point.
USDT.d chart in demand area.
Chart should fill the falling gap.
My red line can work breaker after now.
Add alert red line, ı will follow closing 4h.
I will choose 1 way or 2 way for long&short pos.
Just for now short term short pos.
I entire from pump
I didn't stop that's very foolish
I configure this chart just for my pos
If this chart going good so much people to curse me (possibility %0.0000001) and ı will feel like genius (possibility %0.01)
Pos Entry Reasons:
Break old HH
Short term going HH and HL
Pair should retest breakout & fill the gap
Demand zone worked with wick
SL isn't under demand area
If close 1h candle my entry area I'll look ltf and minimize my pos
Pos Entry Reasons
Breaker and old range low can work
Last green wick work SFP
380 - 405 gap should be fill
First tp probably come but price maybe can't visit eq
İf ı can't entry with wick for 1h chart, ı can close pos before the tp.
Pos . Entire Reasons:
I saw whale sale %20.
Price higher than demand area.
My first tp have a pieced gap.
I think here is new HL.
I didn't setup.
That up movement can be deviation of downside range's.
I haven't been seeing much thought over this recent BTC movement has resulted in a downswing.
The BTC bullish movement over the past few months from $30k up to $50k was a complete upswing on the daily chart. Even after the 20% correction a couple days ago, BTC remained in an upswing.
Only after another daily candle...
(0.1703 - 0.169) Key points based on a previous bull run
0.18758< Long Take Proft
0.1666 < Stop Loss
I have reviewed it at 4hr but simplified it to a 30-minute chart.
I think a larger stop limit would need to be in place to allow for the full potential take profit.
Rebounding well from oversold indicators.
Could - potentially signal a swing and a cheap...