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Shibatothemoon

Shiba Inu...Shiba Inu should fly from now on after invalidating a key level from last week. the adjusted count is one above, it wasn't clear because most ending structures are like that, the moment my mentor & I (Individually) started questioning ourselves on the clarity of the structure I knew we should be going upside. The wave that started early this month was an ending diagonal which is also mostly similar to corrective structures (3-3-3), The wave looks more like a 3-3-3-3-3, so I had to be patient until it was complete, that's why i was calling for a more conservatives approach looking for that at the very end. Breaking last weeks low was enough to complete the final 5th wave in a diagonal in 3 waves(always after 3 I usually expect an impulse). So the strength of the impulse right up above the May 14, low (0.00001146) means the down side move is now complete. Targets. Again conservatively looking, we should see: 161.8% extension $0.0007 200% extension $0.002 261.8% extension $0.012 Alternative. Is if we Impulsively go down to the bottom of the Channel trendline then push up impulsively again, other than that am not seeing downside anymore.
Long
by pkhumalo
2
Shiba Inu!From last week we are looking at the alternative structure unfolding. But this bear cycle is ending because it is a corrective wave, and I am expecting an ending structure that will be choppy but actually completing that (Y)leg in the red degree, which should come with strong divergence on the RSI. The blue strip extending from the blue-box is actually the 100% extension of the red (W) leg which began end of October 28, 2021 to January 22, 2022, which coincides with the lower boundary channel line. The red (Y) leg made an impulse to the downside rather than a 3 wave move thus we should be completing wave 5 in the coming days/week, with strong divergence(RSI) before we see an impulse to the upside. For me this is the last move to the downside... Alternative... I don't expect Shiba Inu to break below previous lows.
Long
by pkhumalo
1
Shiba Inu Bullish!It looks as though Shiba Inu has began its bullish sequence after completing the correction of the impulse that began from the 7 Sept 2021 low. That impulse was a 5 wave move to the upside topping on 28 Oct 2021 (All time High at 0.00008847). This impulse was then preceded by a downward channel unfolding in a 7 swing sequence bottoming recently as of 12 May 2022, making 0.00000910 as the end of wave 2 in the larger yellow (intermediate) degree, just a few points shy on the bottom trendline channel. The end of wave 2 means that we have now began wave 3 in yellow which I expect to unfold in 9,13,17(waves) etc..., depending on how many smaller impulsive subwaves are formed going up, already the impulse from 0.00000910 to 0.00001466 means we have began the uptrend with a subwave, (purple subminuatte degree). Alternate View! If however price fails to break strongly to the upside the next level of significance is 0.000018 - 0.00003... price should fail within that small bluebox, and head lower to break the May 12, 2022 low after which we then should expect it to go higher because it would have completely exhausted the possible corrective sequence to the downside. So our possibilities to the downside are now very much limited with only a possibility of one more move down if price fails to push higher within the small bluebox in it path.
Long
by pkhumalo
2
shib/usdIf you find that you are feeling emotional while trading it is time to take a step back. Be aware of what is going on in your mind when you place your trades. Your mind makes decisions for you and if it is clouded with other thoughts or not clear then step away. Shiba is getting ready for a good up trend All this time the price is trying to fall but fails to go lower! buyers remain in their positions and that is quite positive !! The top athletes train themselves everyday, and this discipline rolls over into the rest of their live. They also stick to a routine and schedule that can help them be their best. And that is what we will do!! I remain a buyer from the beginning until we see 0.001 You can also see this and get the Reg.reward 500trx The company's mining platform is called trombonline, and it works like a mining pool in the cloud, which means you don't need to be online 24 hours a day to earn cryptocurrency. 💰🔹Registration reward: 500Trx 🔹Maximum profit, 8% profit per day I love hearing feedback, so please contact me.
FTX:SHIBUSDLong
by GP101
1