dRends35

SHIB - Time To Buy This Great Dog Coin 🚀🚀🚀

āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™
dRends35 āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:   
COINBASE:SHIBUSD   Shiba Inu
Had a small pump from the lows and now appears to be breaking out from a 3 wave correction and this could be the start of the next wave up.

The 3rd wave is a contraction pattern also with contracting oscillation.

I think this may be a clue that quite a pump could be in the pipeline.


On weekly chart as we looked at before SHIB appears to be in a long contractive accumulation.

When SHIB pumps hard when it gets going and this could be very explosive.

Looks a great buy right here 👍.

Not advice.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Here come the dogs.

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
SHIB up 145% in a week.

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
SHIB

The Wyckoff CREEK is not specific to market bottom accumulations, its all the same up high in re-accumulation (though you'll do well to find solid content on it).

Whether it be a cycle low, or a momentary wobble; it is the part of the corrective phase where the bearish impetus is weak and a tidy descending channel forms before a breakout to the upside.

SHIB is already in the skies but it looks like it is preparing for the next wave up 🙈.

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Its nice that a few of you remember that I was very bearish on crypto once. Those were funny times.

(See thread below).


And these are fun times also but with meme coins pumping hard, there could be a market correction in the pipeline...

Not just yet though, Bitcoin still looks solid.

Gravy train continues for now and we'll see if SHIB can have another wave up.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
SHIB

Is flattening out and this very shallow descending channel can I think be labelled the Wyckoff "Creek;" building cause for the next wave up 👍.

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
On higher time frame on Line Chart to remove noise, its a simple and shallow 3 wave correction

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
SHIB

As I keep saying; it is a really mixed bag.

SHIB showing no signs of weakness in this area so far.

There is an increasing disparity between coins of weakness and strength.

This might pump again soon enough 🧐.


I'm taking a break from TradingView but you can find me every day in my Telegram Trading Group 🧐

Priority trades, round the clock updates and a 1 hour technical video per week 😞.

$50 per month 👍ðŸŧ.

Contact: t.me/dRends35
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