First was 6x, now hold your breath to more 2x now and 54x laterYou definetly want to see this
A beautiful breakout from wedge holding support on both 200EMA and 200MA in a 1D perspective time frame
A conservative target will get us from now on a 210% in return
If you have the balls, an astounding 4400% to all-times-high and a baffling 5400% to the top of Beam Band
This old but gold project already gave us 6x since march of this year
SHRUSDT trade ideas
SHR/USDT finally reaches its bottomSharering has just announced some massive news, namely that they have been certified as a digital identity services provider in the UK, which means they are now able to offer their digital identity solution for labd registry purposes in the UK. In other words, they have essentially partnered up with the UK government.
cointelegraph.com
We are talking about a coin with currently a $3.5m marketcap. This news comes right as the chart has formed a perfect double bottom pattern on the weekly, and is sitting near the all time low.
I think buying SHR right now carries relatively low risk for how small of a marketcap the coin has, because it is already completely bottomed out, and once people catch a glimpse of this news and the chart, they will for sure feel some FOMO.
The only thing currently preventing this coin from starting the inevitable moonshot, is the fact that this news is going completely under the radar and nobody is talking about it.
Once this chart starts to take off, there is some huge potential profit to be made. A 10x could just be the beginning.
SHR forming the most obvious bull pennant ever?Well, this is a bull pennant if I've ever seen one. However, how reliable are patterns like this when it comes to microcap tokens like SHR? Pretty much not reliable at all. In fact most of the time, patterns like this are likely painted on purpose by whales in order to create some FOMO to dump on. Still interesting to watch how this will develop from here. Looks extremely bullish in the short-term, but could just as easily be a trap.
SHR Bullish / Long Hello everyone,
Here we have a very simple analysis on the crypto ShareToken. Just a brief explanation about this project and the company ShareRing, they are a blockchain-based platform that can store your digital identity and key documents. Continuing with the analysis, we can see a huge Bullish Channel on the larger timeframe which leads us to an estimated price of $0.30 for SHR in the upcoming months. Inside this Bullish Channel we have a falling wedge pattern in formation right now, which I would be looking for a breakout to continue to an upside.
My current price targets are
$0.10
$0.30
$0.50
$1
Hola, todos,
Aquí tenemos un análisis muy simple sobre el Crypto ShareToken. Solo una breve explicación sobre este proyecto y la empresa ShareRing, son una plataforma basada en blockchain que puede almacenar su identidad digital y documentos clave. Continuando con el análisis, podemos ver un enorme Canal alcista en el marco de tiempo más amplio que nos lleva a un precio estimado de $ 0.30 para SHR en los próximos meses. Dentro de este canal alcista tenemos un patrón de cuña descendente en formación en este momento, estaría buscando una ruptura para continuar al alza.
Mis objetivos de precio actuales son
$ 0.10
$ 0.30
$ 0.50
$ 1
SHR - wait for downtrend break & retestUSD chart seems to pretty straightforward:
downtrend soon to be broken (also supported by small bullish RSI divergence on 1D).
Best course of action in my opinion > wait for the downtrend to be broken, buy the retest and let it run ;)
P.S. Interestingly there's a downtren on daily RSI as well, a break there would also be a strong bullish indicator.