SHRBTC trade ideas
$SHRBTC is getting close to demand Zone $BTC $SHR$SHRBTC is getting close to demand Zone $BTC $SHR
expecting it to have a quick spike down and start to move higher .
RSI is way oversold on daily
it is coming to completion of the wave 5 & C
Bounce will be very fast and strong
big holder has increased its holding to $753M
Exchange supply start to dry off
Great chart rare right now.Adam and eve kind of double bottom, at good fib retracements new and old. Round 1 worked, round 2 might as well. Like this a lot and had a punt, with more to come if it dips into deep red.
Nice and simple but again, lots to like here. Could go completely bananas and smash the previous high and chuck out an upward parallel channel, wedge etc.
Ocsillators all support, and the stop loss is deep. TA wise. Not seen better on my daily scan of charts with 80 in the crypto library for a fair few weeks.
SHR bullish staircasing pattern ready for next leg upSHR/BTC is forming one of my personal favorite patterns. A big staircase with higher highs and higher lows with long periods of sideways consolidation. Every consolidation period ends with a fakeout (a fake breakout) to the downside before starting the next leg up. Right as we speak it has just dipped below the 100 sats support to 90 sats. I think this is the final fakeout dump before we start our next move up. Buy the dip right now while you can! Entry zone: 90 - 100 sats.
SHR bullish divergence on the dailySHR has only been listed on Kucoin for a few months, and during that time it has dumped alot. The SHR/BTC pair dropped almost 90% from the listing price. We can now see a clear bullish divergence forming on the daily, and we can expect a bounce soon. I have entered here at 35 sats. It is one of the few coins that hasn't seen any gains yet in the current market conditions where alts are popping one by one, and I'm sure that this coin too will soon get a share of the joy. Targets range from 70 sats up to 160 sats and I'd recommend taking partial profit along the way. I don't think a stop-loss is necessary for this trade, although a drop below 34 sats would be a bearish sign, so be careful. Good luck!