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SHIB5xLong/Tether

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SHIBUSDT.5L trade ideas

Shib to the moon soonI have used time cycle and wave theory analysis to this chart. As per wave theory, we can clearly see 4th wave is completing. 5th wave will take it to new all time high. As per time cycle, I see on every 18 day period, Shib starts its upward journey. Time period is indicated by light blue vertical lines. Currently it is consolidating and getting ready. As per the cycle, I see 9th Nov could be an important day for it. We can also strengthen our idea once we start seeing volume increasing. Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Long
by sckeshari344
SHIBA INU CONTINUES ITS PIRCE RALLY, OTHER CRYPTOS KEEP LOW KEY Today, the top cryptocurrencies are not in a good place as the price of Bitcoin and Ethereum is going down. Analytics Insight has listed the top 10 current cryptocurrency prices on November 1, 2021 Bitcoin- US$60,646.29 (down by 1.41%) Ethereum- US$4233.06 (down by 3.18%) Cardano- US$1.93 (down by 2.40%) Binance Coin- US$512.82 (down by 2.74%) Tether- US$1.00 (down by 0.11%) XRP- US$1.09 (down by 2.43%) Solana- US$203.05 (up by 4.86%) Polkadot- US$42.39 (up by 1.39%) Shiba INU- US$0.00007182 (Up by 6.72%) Dogecoin- US$0.27 (up by 0.16%)
Long
by BhanuPratapSolanki
The giant taking Some restI simply don’t understand why most people panic when they make a 10x profit in small time frame but can’t bear 20% correction to go … well well i am strongly more bulllish on shiba then before ..both technically and fundamentally. why ? It made a Large bull run last 3 days so it surely need a correction that’s what he doing …Taking rest forming an Symmetrical triangle ..Two support what we can see here … so stay alert on those …if break down then only i will exit other wise I m hodl .. my analysis if for education purposes only..Do ur own research before investing .
by iamthenewme
TRADING A BREAKOUT ft. SHIBWhile trading a breakout make sure you follow this strategy:- 1) Spot a bullish/bearish pattern (LONG/SHORT) 2) Look for a solid BREAKOUT by a green bullish candle (for if you're going long) and red bearish candle (if short) accompanied by a rise/fall in volume and bullish/bearish RSI (preferably above 60 for long & below 40 for short) 3) RETEST - A candle that touches your breakout zone and make sure it does not close below the zone. Most traders buy here but if you are still doubtful, after all Every trader has FOMO (Fear of missing out) and it's normal :) Then always wait for a confirmation candle which should give a solid buy signal, a bullish (For going LONG) & a bearish (If short) Usually I take 1:3 RISK-TO-REWARD Ratio so set a target, Stop loss and you are all set to rock. THANKS FOR READING. Presented to you by Lekisha Katyal FOLLOW for more investing/trading ideas
Long
by UnknownUnicorn21160479
SHIBUSDTThere is a long consolidation or sideways price action seen within parallel channel, when it has given breakout, there was a good intensity of volume at breakout candle, also it was along with trendline breakout in (RSI) relative strength index too, so it was double confirmation as per channel breakout, target should be equal to depth of channel, which was achieved almost double. one can go long in this type of scenarios with stop loss of Low of breakout candle, because there was a good volume. Another breakout seen in flag pattern with increasing volume and rsi breakout same as above, which was again double confirmation. here target as per flag pattern should be equal to highest depth of flag pattern, which was achieved very nicely, one can go long in this type of scenarios with stop loss of Low of breakout candle. These types of patterns are working very wonderfully in any type of stocks, commodities, forex etc. etc. Usually risk reward ratio also allows to trade in this types of patterns. Enjoy Learnings, Thanks. Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
by RK_Chaarts