Shibacoin
MY MINIMALIST CHART ANALYSIS FOR SHIBA INU1.23.22
1358H +8 SINGAPORE
Disclaimer:
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.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others.
Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI is still midway down.
2. STOCHASTICS towards LOW.
3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point.
4. Looking at key support at 1825 zone.
5. We can then expect strong support at the 1450-1825, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER.
6. It did hit our forecasted Bearish FIB 0.618 and our measured move. On our way to a reversal of trend anytime.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
SHIBUSDT | The safest point to buy✔️Hello traders, SHIBUSDT in daily timeframe , According to the counting and analysis of the main waves 1 and 2, this process is over and now we are in the wave of wave 3.
The first wave of wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag .
Also, wave 2 is formed in the form of a zigzag , and from this zigzag , waves a and b are finished, and now we are inside wave c.
In short, the c-wave formed a five-wave leading triangle; From this triangle, waves 1, 2, 3 and 4 are formed very normally, but wave 5, which in the previous analysis we did not expect the descent to go so far, but something happened and this wave count is still correct.
We consider the end of this zigzag and this wave 2 on Fibo 1.00, which is the ratio of wave c to wave a, and it will be necessary to make sure that the channel ceiling is broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
SHIBAINU, SHIBA, SHIB, SIGNAL, DAILY TRADE$SHIB bottom finally in? This gem is our fave little scalp meme. Keep the stop close and take profit at each point. Wait to flip resistance into support before the next level.
📍Entry .00002619-2622
📍SL -3-5% (better to be stopped out)
📍TP1 .00003771
📍TP2 .00005619
#SHIB
SHIB, have you seen that big falling wedge?A large falling wedge can be seen on the SHIB chart. This is a bullish structure that is breaking out statistically upwards. But it is also worth highlighting the liquidity level of $0.0023.
At this point I would highlight two possible scenarios:
- The first scenario is a correction and a liquidity collection below the liquidity level.
- The second scenario is squeezing and a breakout of the upper wedge boundary.
In the case of squeezing and a breakout of the upper wedge boundary, there might be a good buying opportunity. In the case of a false breakout of the liquidity level, there could also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Trend lines keep holdingAnother round is inbound as we will test the trend against the floor. Which side will hold? Time will tell but if the floor holds the trend wedge will tilt up. If the floor breaks, then the wedge will hold its current position, leading to a continuation in the rate decline since the peak as the price continues to follow the trend.
$Shib support and resistance, downward trendShib seems to be developing a trend of holding a line of support for about a month before it drops and then that same line becomes resistance before the next leg down. I'm holding.
SHIBUSDT | The best area to climb🏹Hello traders, SHIBUSDT in daily timeframe ,According to the count and analysis, the main waves 1 and 2 of this trend are over and now we are in the wave of wave 3.
From the main wave 3, wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Also, wave 2 is formed in a zigzag shape and from this zigzag, waves a and b are finished and now we are inside wave c.
We expected the C-wave to move above 1.00 or the price of 0.000016.
But given the structure that has formed over the past few days, we think it will be an expanded progressive triangle that is within its 5th wave, and this 5 wave will probably take time, and after reaching Fibo 0.618, it will climb to the whole half of this zigzag. Will do.
If the channel ceiling and the area marked at the end of wave 2 are broken, there is no descent.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Continuation of the bearish trend for the entire crypto marketThe US inflation data sent the market up, but not for long time. Labor market data will be published soon and I expect the opposite market reaction. And before the data is published, growth is possible before the start of American session.