SHIB ABOUT TO EPLODE !!!
Rarely will you talk about technical analysis without mentioning Dow , Magee, Livermoore nor Wyckoff.
It is worthy to note that this analysis is based off one of these legends work - Wyckoff.
As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a perfect Wyckoff accumulation schematics with price approaching the LPS - Last Point of Support .
Interestingly , this zone confluences with the previous resistance turned support . Ideally , this level should be able to hold price , otherwise , SHIB will be making a new All Time Low !
Feel free to share your views
Are you new to Wyckoff method ?
It is worthy to note that this analysis is based off one of these legends work - Wyckoff.
As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a perfect Wyckoff accumulation schematics with price approaching the LPS - Last Point of Support .
Interestingly , this zone confluences with the previous resistance turned support . Ideally , this level should be able to hold price , otherwise , SHIB will be making a new All Time Low !
Feel free to share your views
Are you new to Wyckoff method ?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.