lamasheen60134

lamasheen60134

SPX is on a downtrend, will base this summer and go higher toward the end the year, Year end price target is around 4400-4700 at best.

lamasheen60134

$SHIB no longer has a an actual trendline support line to test.. However, if you take a parallel line from the upper trend line, and do a best fit, you can clearly see that $SHIB is still clearly on an uptrend which it just tested, dipped below and surfaced back above. Once crypto sentiment reverses and changes sentiment, all cryptos, including $SHIB will be...

lamasheen60134

$SHIB tested support 3 or 4x and is now starting an uptrend trajectory. 5x in a short period is not much for stocks, 10x is nothing for crypto. $SHIB can potentially zoom by upper trend line with ease and go much higher beyond upper resistance line. Currency, like the $USD, has value only because it has mass adoption and acceptance. $SHIB has one of the broadest...

lamasheen60134

$SHIB is about to explode to the upside w/ a brood crypto rally. It just took out a ton of sellers with the slow drift fake out selloff. Lots of weak hands selling at the bottom as usual. Notice the quick reversal going below the trendline and then reversing very quickly above it. That was very likely the intermediate bottom. Also notice it came very close to the...

lamasheen60134

Big picture $SHIB - for $SHIB to go higher, it will need to test and clear these 2 resistance lines above it. If it clears them, it has a good chance of testing the very top line, I believe. $SHIB is an early crypto and all the big ones have done 5 waves in the beginning. I don't think $SHIB is any different. It doesn't appear to me that $SHIB has had 5 waves,...

lamasheen60134

This is the final support line for $SHIB. If it breaks below this last support line (about .00004050) meaningfully, its game over for $SHIB. I think it reverses and goes back up though, with a crypto reversal. Sell off is overdone.

lamasheen60134

If you go back far enough, you can spot a support/resistance from Oct 18 which is the current support it is testing. If it breaks this support, its down to its last support line at ~ .000041. Major cryptos are trading in tandem now, its really dependent if there is another sell off or rally in crpto in general. Hoping for a rally and that we've seen the worst.

lamasheen60134

This is the correct trendline for $SHIB and it just tested it with the latest crypto sell-off. $SHIB still has Wave5 up leg to go and depending on speed, am targeting .00014+ to hit the upper resistance line.

lamasheen60134

$SHIB - Didn't expect such a powerful rally and sold a bit early, but was way overbought on many measures. Expect a retrace back to ~.0000510 before a powerful Wave 3 rally higher. I suspect this to be around mid-NOV. I am locking and loading for an extended long trade. No target price, but will hit new ATHs with biggest rally yet.

lamasheen60134

Obviously you want to buy the lower trendline and sell the topline, but the market never makes trading is never easy.... 1. It could just keep tracking the top line and you get no opp to buy the bottom line 2. It could break either one, so set your stop appropriately on the down side. 3. No target price - who knows where it will go but follow the trendline until...

lamasheen60134

$SOL has found a new support line with a nice reversal at $140, took out a lot of weak hands. Next up is breaking out of the triangle and hitting major resistance @ 190. I suspect there are alot of sellers up there. Will re-assess if it gets there. I have a feeling it will not break 190 for quite some time unless major cryptos all break out on the upside.

lamasheen60134

If the market gaps down tomorrow, this could be the reversal topping sign for a 10% correction before resuming its rally to 4000+.