#2 Higher Highs
#3 3rd bounce on 20EMA (blue)
#4 3rd lunar cycle end starting a new trend.
I’ve mentioned to a few people that nobody else competes in this industry and that is why ILUS will go above and beyond, and I’m glad to hear Nick mention it. The fire and rescue industry needs new innovative tech and ILUS is perfect to be the game...
What a Surprise !
After price dropping like a rock with bad news and no robinhood listing shiba did a very strong U Turn re-entering the past accumulation zone again
yes shiba is alive and strong in the game
get ready for future analysis because this time price seems to look very decided.
What is werong with Shiba inu?
Well, there is a lot of hype in other coins like mana, elonmuskcoin, squidgamecoin etc etc... and shiba with no major news and people looking for fast money shiba will continue to consolidate in range
we have 2 major catalyst that can spike up the price
kraken & Robinhood
so far kraken seems to be more close to the deal but robin...
Shiba still in accumulation zone
moving on Supports 3 & 4 the entire day
did you noticed it went from 67 all the way to 78 in just minutes ? yes that was another Small-Burn !
But so far i draw a bullish flag from hoping for another bounce n the 67
After the Spike yesterday Oct/31 Shiba has done nothing but going in a range on Support #3 (S3)
No relevant news
no False Breakouts
no nothing !
its just a boring Monday for Shiba hoping tomorrow price will push higher.
After the Downtrend channel price will continue to consolidet on Support#4 (S4) the entire day
Things to notice:
1. We have our First False Breakout (FBO1) re-entering the small consolidation zone
3.Price Bounced exactly on my Demark9 Buy Indicator for the 4th Time (see what happened on the previous bounces.
2. Price are making Higher lows on the new uptrend...
Shiba on Robinhood on November 1st?
Buy the Rumors sell the news?
Do we need to be prepared for monday?
What do you guys think?
What we really know is Shiba still bouncing between Support S4 & S2 Back and forward since OCT/28 has been in Accumulation zone
After the 3rd time price touched our support line we got the demark9 signal to buy and it did very well in the entire day but we are still in accumulation zone almost breaking the up trend channel for another small correction (red circle)
the good news shiba is back and looks very strong we might see a breakout soon but not before a couple of corrections on the...
this is the third time the price touches the same support i call this trend rejection
Also we have a double bottom inside the Circled Area
is it time for a bull run?
Time will decide.
Good Night everyone !
Shiba has been in the accumulation zone for almost the entire day
In order to define the next direction of the price, this will depend a lot on the strength and volume that we see in these next few hours.
but for now we focus on the range and key supports where the price may bounce to a to decide in which direction will go...
After last night Small correction we take all the previous supports and we trace them on a accomulation channel for history feedback
looking at the low volumen this morning i believe today will be several test in the Accumulation zone before see some price action
Actions to take:
*This might be a good opportunity to get in to shiba after touching...
i ve been warning you guys in the comments,
if you want to add some in, you have to be very very careful because it can drop 50% like it's nothing, because even at this level, if it drops 50% it would still be higher than where it was last month it would be equal to where it was last week
this is one of the greatest runs ever in the history of crypto...
For all the people telling me when is a good key entry point, Shiba inu is forming a double top this price action pattern will always expects a pullback, strong sometimes.
Reversal Key views:
#1: Double Top
#2: Demark9 Indicator ending Cycle
#3: 4 Days in a bull-run Trend must make a recession.
**Is the trend Continues up Forget about this idea...