#MyGateTradeStory $SHIB SHIB/USDT chart and the SMC-based checklist. Here’s how that setup applies:



🔍 Current Chart Context (SHIB/USDT Spot, 10x)

· Price: ~0.000005009
· Range: 0.000004878 – 0.000005090
· Bollinger Bands (20,2):
· UB: 0.000005104
· MB: 0.000004948
· LB: 0.000004792
· SuperTrend: 0.000004808 (bullish structure if price holds above)
· MACD: near zero cross (DIF/DEA very close)
· SAR: 0.000004894 (support below)

✅ Applying SMC Conditions to SHIB 4H/1H (assumed timeframe)

1. Trendline Break – Likely already occurred if price broke a prior downward slope (looks like a recent higher low formed near 0.0000045–0.0000047 range).
2. CHoCH (Change of Character) – Yes, probable: Sequence of lower highs → higher low + higher high forming.
3. BOS (Break of Structure) – Yes if price took out the last swing high before the pullback.
4. IFVG Retest Entry – Pending: IFVG = Inverse Fair Value Gap (inefficient candle overlap after a break). Check for an imbalance left behind near 0.00000492–0.00000496 (just above MB + SAR).
5. R:R Favorable – Yes, if stop below IFVG (~0.00000488) and target at liquidity above ~0.00000509+ (1:2–1:3 possible).

⚡ Suggested Entry Logic

Condition Status Zone
Trendline break ✅ Already broken
CHoCH ✅ Formed above 0.0000049
BOS ✅ Above 0.00000509 needed for full confirmation
IFVG retest ⏳ Wait ~0.00000492–0.00000496
Trigger 🔥 Bullish candle close inside IFVG

🛡 Risk Management (10x spot is just spot, but perp implied)

· Stop loss: Below IFVG + wick (e.g., 0.00000486)
· Target 1: 0.00000509 (24H high)
· Target 2: 0.00000516+ (upper wick liquidity)
SHIB4.40%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned