Shiba Inu Coin Technical Analysis | $SHIB Price Predictions

2 years ago
14

Is Shiba Inu a good time to go long? We are looking at Shiba Inu using Fibonacci Analysis for a swing trade.

Shiba Inu had a decent pullback recently. Let's see if this pullback is a good place to buy more $SHIB.

Today, I will also share some recommendations that I gave out the last few weeks in the energy sector using the same Fibonacci Analysis.

Range Resources Technical Analysis | $RRC Price Prediction
https://youtu.be/4OQtNVQPtfA

Diamondback Energy Stock Technical Analysis | $FANG Price Prediction
https://youtu.be/K9vcThuzmr0

Occidental Petroleum Technical Analysis | OXY Price Prediction
https://youtu.be/5LRwtIevDvE

Valero Stock Technical Analysis | $VLO Price Prediction
https://youtu.be/X74Li2a4Ccg

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This is the Centered Trading Channel. We trade US stocks, stock Options, futures, and currencies. Each day we look at the S&P500, Nasdaq, /CL, and the Russell2000. We focus primarily on Technical Analysis, Trading Strategy, Trading Psychology, and Position Sizing.

I am a student of Fibonacci Analysis and the 3 Price Relationship as taught by Carolyn Boroden (Fibonacci Queen).

Centered Trading has a few key components in our approach.

- Composure
- Clarity
- Commitment

Trading with Composure means that I must first prepare my mind before I turn on the computer. This looks like meditation, positive affirmations, stretching, exercise, proper nutrition, breathing exercises, & listening to calming music. I must have a deep understanding that all feelings of certainty is an illusion. I must look at the markets with a probability mindset. Trading with composure is to be able to have the mindfulness to examine my current emotional states (fear, anger, revenge, shame, euphoria - all these emotions can override and take me off course). I look at the markets with a sense of wonder and curiosity.

Trading with Clarity means that I must have a trading methodology in place. The methodology must be clear, concise, and followed. I must be clear about the position sizing as I'm not trying to force myself into profits or make the markets to move in a certain way. All desires/feelings of control is an illusion.

Trading with Commitment means that I must follow through on my trading plan. I either take a small loss with the trade, ratchet up the stops as the trade goes into my favor, or take profits at appointed profit extensions.

Peter Borish - “Price Before Headlines. Discipline Before Vision. Price Before Sentiment.”

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Viewers are solely responsible for how they use the information provided in this video, and for their results. Centered Trading does not guarantee the accuracy of any analysis based thereon.

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