Hi Folks,
My chart speaks for his own...the simpler,the better :)
If you have any ideas or comment please write it below,and thanks for reading :)
My chart speaks for his own...the simpler,the better :)
If you have any ideas or comment please write it below,and thanks for reading :)
Trade active:
Hi Folks,
Quick update for current :SHIB situation: as we've the market structure is diving to support,as expected,following general crypto market condition/situation. At the current moment I can see a gain of liquidity in order to :SHIB to get deeper and reach our main support around 0.0000085 $.
Many legs got sawed in the last couple of months,and still many will get as the current downtrend didn't reach the bottom yet,thing that I am expecting to see once :Btc will reach major support around 21,300 $.
Still a lot of pain has to come in the crypto market, but at the same time big buy opportunities are coming soon.
Please share your ideas in the comments below.
Thanks for reading :)
Quick update for current :SHIB situation: as we've the market structure is diving to support,as expected,following general crypto market condition/situation. At the current moment I can see a gain of liquidity in order to :SHIB to get deeper and reach our main support around 0.0000085 $.
Many legs got sawed in the last couple of months,and still many will get as the current downtrend didn't reach the bottom yet,thing that I am expecting to see once :Btc will reach major support around 21,300 $.
Still a lot of pain has to come in the crypto market, but at the same time big buy opportunities are coming soon.
Please share your ideas in the comments below.
Thanks for reading :)
Trade active
Trade active:
Hi Folks,
Quick updating on SHIB: despite the trade seems closed,in reality only the weekly candle has closed the first part of the trade.
In fact,if we look at the market structure on a monthly TF we can actually see the gap unfilled:that means SHIB hasn't reached the bottom yet,and it's actually gaining more liquidity in order to take the structure down where the gap is.
I am expecting this to happen once the whole market(and BTC in primis) will have reached the real market bottom.
Despite corrections happening during the next few weeks the overall market needs to get lower,making fresh new lows in order for a trend reversal to happen.
Leave have any ideas or comments below,like or share :)
Have a great week!
Quick updating on SHIB: despite the trade seems closed,in reality only the weekly candle has closed the first part of the trade.
In fact,if we look at the market structure on a monthly TF we can actually see the gap unfilled:that means SHIB hasn't reached the bottom yet,and it's actually gaining more liquidity in order to take the structure down where the gap is.
I am expecting this to happen once the whole market(and BTC in primis) will have reached the real market bottom.
Despite corrections happening during the next few weeks the overall market needs to get lower,making fresh new lows in order for a trend reversal to happen.
Leave have any ideas or comments below,like or share :)
Have a great week!
Analysing what's happened we've seen a trial of break throughout the neckline, which I consider between 0.0000300 and 0.0000330,but without been successful. Even if the token was listed on Robinhood trading platform that cannot affect what the real and actual trend currently is,we only seen once again what FOMO is and unfortunately many people got trapped.
Many still not understand how much liquidity is needed to take down the market(talking about the whole crypto market),as still many don't realise the actual bear market situation.
Hopefully a new bull run will happens in the near future,now it's all about being patient and waiting,with a keen eye focused on new buy-dips opportunities.
Once again,if you have any ideas or comment please write it below :)