SHIB breaking out?

2023年1月18日

Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.

Shiba Inu seems to be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001204 following the orange uptrendline. I'm already long anticipating the triangle breakout. Interestingly enough the target coincides with the downward channel upper edge (cyan) on Daily timeframe:
Is SHIB going to test it?

• ENTRY: local high @ 0.00001076
  
• STOPLOSS (SL): local low @ 0.00001025
  
• TARGET: height of the triangle projected from midpoint of the local range (BUY - SL) @ 0.00001204
  
• REWARD RISK RATIO (RRR): 2.7
  
• INVALIDATION: when SL level hit
  

Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

2023年1月18日

交易結束：目標達成

Target hit 🎯, what a rocket! Perfect trade!

2023年1月21日

註釋

It went really well, check the callouts commenting the price action

2023年1月23日

註釋

So SHIB still testing the channel upper edge, check the daily timeframe:

2023年1月24日

註釋

Here👇 comes fresh new setup. Check it out!