SHIB ready to pump again?

10 thg 10, 2021

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 thg 10, 2021

Giao dịch đang hoạt động

Order filled ✔️

11 thg 10, 2021

Ghi chú

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

11 thg 10, 2021

Ghi chú

SHIB's next try to break the resistance:

11 thg 10, 2021

Ghi chú

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

12 thg 10, 2021

Ghi chú

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 thg 10, 2021

Ghi chú

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 thg 10, 2021

Ghi chú

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

13 thg 10, 2021

Ghi chú

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

15 thg 10, 2021

Đóng lệnh: dừng lỗ

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 thg 10, 2021

Ghi chú

New idea down below, posting here bit late: