SHIB ready to pump again?

10 окт. 2021 г.

Shiba Inu seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 0.00004120 and even higher. Will SHIB get it's bone?🦴🐕

• ENTRY: local high @ 0.00002787
  
• SL: local low @ 0.00002540
  
• TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00004120
  
• RRR: 5.4
  
• INVALIDATION: when SL level hit
  

Check my other stuff in related ideas.

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

11 окт. 2021 г.

Сделка активна

Order filled ✔️

11 окт. 2021 г.

Заметка

Running well. We need to break these 2 resistances (shown on chart below) to get to the target. 🦴

11 окт. 2021 г.

Заметка

SHIB's next try to break the resistance:

11 окт. 2021 г.

Заметка

Failed again, resistance still holding. Strong selling pressure. Will the orange uptrendline support the price and boost it higher?

12 окт. 2021 г.

Заметка

Going as expected. Orange uptrendline providing support while the resistance didn't allow price going higher. I think the price could break up through the resistance in a few hours.

12 окт. 2021 г.

Заметка

So SHIB broke down actually. Now needs to hold the support zone - previous local range high (BUY STOP-LIMIT blue), range midpoint (lime) and triangle lower edge (yellow uptrendline)

12 окт. 2021 г.

Заметка

The BUY STOP-LIMIT (entry point) holding quite well for now. Will we see sort of price action like this? 👇

13 окт. 2021 г.

Заметка

Bounced up to the red downtrendline and now is back down testing the yellow uptrendline. Will it hold?

15 окт. 2021 г.

Сделка закрыта: достигнута стоп-лосс цена

SL hit. The yellow uptrendline didn't hold and SHIB got slammed. I'm out, but monitoring further. Will post new idea if I see anything.

20 окт. 2021 г.

Заметка

New idea down below, posting here bit late: