PortifexMortis

PortifexMortis

Too much selling pressure here. Wouldn’t enter now. I need 10 to 14 range consolidation first. Otherwise I’ll just let it go up without me.

PortifexMortis

Yea I don’t think this is over. Not buy time yet maybe end of month it will start to level out. I wanna buy lower anyway.

PortifexMortis

If we don’t break up tonight or soon I’m guessing back down to 00003. Looks like a good place if u really must buy Shib. I’m tempted but sticking to safer plays right now.

PortifexMortis

Didn’t clean this up, it’s how my charts normally look. Sry for the mess. Just keeping a record of ideas and It’s late aaand I’m on my phone.

PortifexMortis

Holding some here but seems like a good spot to buy. Seems like 15-25% gain. Want it to break out of this high volume area.

PortifexMortis

This is a bit of a messy chart and my current way of thinking involves a lot of comparisons to smaller time frame movements that I haven’t figured out how to share without getting to my computer so that I can post pictures within this explanation (can’t seem to do it from my phone I guess. The idea is that I’ve identified several similar patterns that have been...

PortifexMortis

If we break the current resistance we might see 3.0. Current support lines up with .5 fib level. Wait for confirmation. Took profits on last trade at the top. Expecting a drop but preparing for either.

PortifexMortis

I know I’m posting a lot but it’s relevant. The .5 fib level lines up with previous resistance as well as more congruencies in rsi and macd. Highlighted area is where I expect continuation of trend to occur. Leaving my stop lose alone at just below 2.0. Hoping to be out of this trade in the next few days closer to 2.4 or higher.

PortifexMortis

As I said, breaking the yellow line and technical congruents signaled long entry for me. Conservative target of 2.2 I feel it could rise more even.

PortifexMortis

Mac d zero crossing and divergent rsi on several other time frames. Need to break my yellow trend line to feel good about it.

PortifexMortis

Pretty simple short swing here. Timed the top on this pretty well. Gonna go long if once we get a solid retest. Correction needed. Parabolic movement up doesn’t seem likely anytime soon.

PortifexMortis

Not an analysis just a reminder that this coin was listed on KuCoin today and has a lot of upside potential. will be a while before there’s enough data to go off of so I’m playing it pretty safe by using the classic grid bot. Depending on how this plays out I can see this forming a decent channel to swing. Play with trading bot settings a bit to find what...

PortifexMortis

My previously determined buy zone just happens to be between the current 0.50 and 0.618 fib levels. If it drops below that yellow zone I guess I’ll just be bag holding a bit longer. At this point Shib has become a glorified savings account for me so screw it lol.

PortifexMortis

Update from last night. Now on smaller timeframe a downward channel defined. Maybe a retest of the last yellow resistance (previous support) to really solidify the new direction. My up/down price channels range have been getting more narrow with each swing so I think we are going to see an even tighter consolidation on 1 and 4 hour charts before breaking out of...

PortifexMortis

Still holding but might have to wait a while. Will buy more if it reaches yellow zone.

PortifexMortis

This is just how I see things currently.

PortifexMortis

take profit in yellow square. This is practice, I’m dollar cost averaging with shib so not financial advice. Mostly just practice. Thoughts?

PortifexMortis

This is my first time sharing. Looks ready to bounce towards upper resistance. Possible cup and handle where the handle comes down off upper resistance level (16.5) and up then towards price target of 22. What do you guys think?