Shib Trend Down
Bearish
Strong Resistance at 0,0000124
Shib has tried to test the strong Resistance 3 Times and Failed
Failed Resistance Tests
16.Feb2022
30Oct.2023
07.Feb2023
The Bears and Strong Sellers took Full Control
latestly ON THE 7th Feb.2023
---------------------------------------> See B
If we look on the bigger Picture we discover some more interesting Details
and that the Failed Tests should only be a logical conclision in February
After the big Bullish ralley 2021 tHE BUYERS AND Big Institutions took Big Profits
at 0,0000681 where Aressive Sellers Have been Waiting To attack Shib down
See A1
At 0,0000278 The Sellers Took partial profits
The most Buyers took profits
The retail Traders Stops hit and swam them away out of the market
New Buy orders have been activated , the market found a temporary Support
A2 Now it´s time to accumulate. The sellers pushed more assets and liquidity to defend their positions
The buyers who have been in losing positions took losses, pr partial profits, whatever they started to sell the same way
On May5th 2022 Finallly the market broke down the Bearish Consolidation
and Pushed down the market
Current situation based on the technicals and fundamental datas Sellers are defending much more than ever before The failed Bullish test Area (B) and pushing down ©
The trend is currently bearosh at all TF.
My Strategy is Bearish.
Trend
SHIB USD
SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001142).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00001227
TP2= @ 0.00001314
TP3= @ 0.00001437
TP4= @ 0.00001592
TP5= @ 0.00001796
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001142).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00001227
TP2= @ 0.00001314
TP3= @ 0.00001437
TP4= @ 0.00001592
TP5= @ 0.00001796
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001308).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 82.
Take Profits:
TP1= @ 0.00001704
TP2= @ 0.00002005
TP3= @ 0.00002201
TP4= @ 0.00002522
TP5= @ 0.00002864
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001308).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 82.
Take Profits:
TP1= @ 0.00001704
TP2= @ 0.00002005
TP3= @ 0.00002201
TP4= @ 0.00002522
TP5= @ 0.00002864
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SHIBUSDT SHORT HI
SHIB recently have multiple touch that lvl that i mark and the first touch back for 10D ago and after the several touches we can have nice entry in 0.00001223 lvl so i devise a plan to get two take profit , about the first one i have wide sl bcuz market in a long rang trend so i put my sl wide to don't trap in fake out and stop hunt that market make recently after we got our first take profit we can continue risk free and take the second tp, bcuz of +correlation of crypto whit S&P the best decision in that case is going for short and for the first trade bcuz of a wide sl we get into whiteout leverage and for the second one you can go for that whit 5x or 3x leverage.
hope its be helpful and all of you be profitable
XDC Xinfin - FIFTH WAVE INCOMING TARGET 4 DOLLARS These fractals are playing out in the entire market. There is a massive 5 wave coming and I even believe that it will be much more powerful than the 3rd waves similar to commodity markets. The indicator I am using is the Williams Fractal Indicator. This indicator has call the macro bottoms in XDC multiple times and the tops as well. It looks like May will start the rally. This is not trading advice just my opinion.