Yello Paradisers! Are you tracking the evolving structure on #SHIB (Shiba), or are you still reacting to every small move while smart money continues to operate within the range?
💎#SHIBUSDT has already printed a clear Selling Climax (SC), where aggressive sell-side pressure was absorbed by strong buyers. This marked the beginning of a potential accumulation phase. Following that, price formed a Secondary Test (ST), confirming that selling pressure was decreasing and supply was being absorbed.
💎The market then developed a Spring, sweeping liquidity below the previous lows and trapping weak hands before quickly reclaiming the range. This is a classic Wyckoff behavior, signaling strong demand stepping in and reinforcing the accumulation narrative.
💎An Automatic Rally (AR) followed, establishing the upper boundary of the range around 0.0000063–0.0000065, which continues to act as a key resistance level. Since then, price has been consolidating within the range, aligning with Wyckoff Phase B, where smart money builds positions while the market appears choppy and indecisive.
💎Currently, price is reacting above a well-defined Bullish POI / TEST zone around 0.0000052–0.0000054, which is acting as strong support. As long as this zone holds, the bullish structure remains intact. Any revisit into this area could serve as a final test or liquidity sweep before expansion.
💎It’s important to understand that during Phase B, fake moves and volatility are expected. Price may still revisit lower levels to trap traders before the real move begins. A clean sweep below the POI followed by a strong reclaim would further confirm that accumulation is complete.
💎The key confirmation remains a Sign of Strength (SOS), a strong impulsive move above the range highs (~0.0000064), which would confirm bullish control. After that, any pullback into the range would act as a Last Point of Support (LPS), offering high-probability continuation setups.
💎Looking ahead, the primary Draw on Liquidity (DOL) sits in the 0.0000074–0.0000078 supply zone, which aligns with the projected upside path and serves as a major target.
💎However, if price breaks and holds below the Bullish POI (~0.0000052), the bullish structure will be invalidated, opening the door for further downside continuation.
Discipline is key, Paradisers! This is a patience game, let the market confirm its intentions, respect your zones, and avoid getting trapped in the noise.
MyCryptoParadise
iFeel the success 🌴
💎#SHIBUSDT has already printed a clear Selling Climax (SC), where aggressive sell-side pressure was absorbed by strong buyers. This marked the beginning of a potential accumulation phase. Following that, price formed a Secondary Test (ST), confirming that selling pressure was decreasing and supply was being absorbed.
💎The market then developed a Spring, sweeping liquidity below the previous lows and trapping weak hands before quickly reclaiming the range. This is a classic Wyckoff behavior, signaling strong demand stepping in and reinforcing the accumulation narrative.
💎An Automatic Rally (AR) followed, establishing the upper boundary of the range around 0.0000063–0.0000065, which continues to act as a key resistance level. Since then, price has been consolidating within the range, aligning with Wyckoff Phase B, where smart money builds positions while the market appears choppy and indecisive.
💎Currently, price is reacting above a well-defined Bullish POI / TEST zone around 0.0000052–0.0000054, which is acting as strong support. As long as this zone holds, the bullish structure remains intact. Any revisit into this area could serve as a final test or liquidity sweep before expansion.
💎It’s important to understand that during Phase B, fake moves and volatility are expected. Price may still revisit lower levels to trap traders before the real move begins. A clean sweep below the POI followed by a strong reclaim would further confirm that accumulation is complete.
💎The key confirmation remains a Sign of Strength (SOS), a strong impulsive move above the range highs (~0.0000064), which would confirm bullish control. After that, any pullback into the range would act as a Last Point of Support (LPS), offering high-probability continuation setups.
💎Looking ahead, the primary Draw on Liquidity (DOL) sits in the 0.0000074–0.0000078 supply zone, which aligns with the projected upside path and serves as a major target.
💎However, if price breaks and holds below the Bullish POI (~0.0000052), the bullish structure will be invalidated, opening the door for further downside continuation.
Discipline is key, Paradisers! This is a patience game, let the market confirm its intentions, respect your zones, and avoid getting trapped in the noise.
MyCryptoParadise
iFeel the success 🌴
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.