Hello good morning my fellow traders. I show in the chart above how LUNA and SHIB have almost identical chart patterns. Fractals aren't always perfect but when comparing two different pump and dump hype coins then they usually rhyme. All this little news and crap coming out for LUNA is the same type of crap that was coming out when SHIB had reached its peak...
Two days ago, I posted how the market is tipping over to the bullish side. Today is a continuation of that post. If you want to look at my previous post, please take a look here.
The volume weights for today to recreate this exact chart are the following (enter it in symbol...
It's happening right now.
Holders will be devastated with losses.
SHIB burning was the last support offensive to maintain the market price.
People will not continue to burn when the price starts dropping.
Im waiting until the market price comes back down to reality and stable market conditions.
The market is still inflated and almost everything will drop...
On a Weekly Chart
1300H +8 SINGAPORE
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Entries for a BULL...
SHIBA INU completed 5 waves to the upside as wave 1. Now SHIBA is trying to complete wave 2 as an ABC structure. One more little low will complete wave 5 of C of 2. Note that there is a nice confluence at the end of wave 5 of C of 2 and the 0,618 retracement.
I created this Accumulaion drop using a Cup and handle pattern. I placed a resistance trend line for the breakout range to watch to retest. I see how often it retests these points to see the strength of either the breakout or the drop if the base is touched more. This trend line in yellow will give you a clear view of the Lower Highs. count the reversals from...
SHIBA has a history of fast movements 30%-60%
And since short-term Shiba holding by more whales, it seems this is for long-term holding, but same time we can't see what is in mind of whales.
markets looking to enter green trend.
Back to TA.
Shiba looks on the TA side well, and it seems it can show some price action coming time.
We have before an increase of...
Probably you heard everyone talk about the Shiba Inu coin and how profits it makes in less than 1 month, 1100 % return seems cool but where the coin will go for the next period,
the propaganda behind Shiba is what makes it attract liquidity technically there is no project or a company behind this coin. the market cap has changed from 41.19 B on 30 October to 20.7...
This view is aligned with my BTC view :-
None of this is a financial advice.
Use this post to look into one of the possibility of Elliot waves which suggest, as per my view, we might be in Wave C of Wave (B).
Thus do your own research.