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SHIB ready to pump again?

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Shiba Inu seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 0.00004120 and even higher. Will SHIB get it's bone?🦴🐕

ENTRY: local high @ 0.00002787
SL: local low @ 0.00002540
TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00004120
RRR: 5.4
INVALIDATION: when SL level hit

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

交易進行

Order filled ✔️

註釋

Running well. We need to break these 2 resistances (shown on chart below) to get to the target. 🦴

註釋

SHIB's next try to break the resistance:

註釋

Failed again, resistance still holding. Strong selling pressure. Will the orange uptrendline support the price and boost it higher?

註釋

Going as expected. Orange uptrendline providing support while the resistance didn't allow price going higher. I think the price could break up through the resistance in a few hours.

註釋

So SHIB broke down actually. Now needs to hold the support zone - previous local range high (BUY STOP-LIMIT blue), range midpoint (lime) and triangle lower edge (yellow uptrendline)