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SHIB Predictions for December 2023 (Paid Version/Best Trades)

Updated: Apr 24



  • Month’s Theme: An overbought peak or crest that we’ll sell off from through multiple support levels. That’s crossed with multiple failed attempts to break through key resistance.


  • Behavior Around the High: Three pokes through the same price level followed by a sharp drop after the third poke.


  • Behavior Around the Low: A big move out of the low pushing the upper end of a range higher.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a long position at a trough on the 2nd and close it toward the end of the day.

    • An opportunity to open a short position at a peak on the 3rd and close it the morning of the 4th.

    • An opportunity to open a short position for a day trade on the 7th.

    • An opportunity to open a partial long position on the 26th. You could open the rest of the position if there’s another low on the 27th. You could close that long position on the 28th.

    • An opportunity to open a short position on the 29th and close it on the 30th.



Overview


There’s a first low on the 1st/2nd. There’s a significant drop on the 1st. On the 2nd, there’s a trough early in the day and multiple failed attempts to break through key resistance. You could open a long position in the midst of that trough for a day trade. We’ll then have a move to the upside toward the end of the day where you could close the long position. On the 3rd, there’s an important technical price level highlighted. There may be a prominent peak on the 3rd. There’s an opportunity to open a short position at that peak. We may move into lower lows on the morning of the 4th. I would close the short position at a low on the 4th. There’s a lot of volatility on the 4th and a sharp drop in the midst of that volatility. There’s an important resistance level highlighted near a low toward the end of the day. On the 5th, there’s a prominent peak for the month and a trough. We’ll also bump along resistance. On the 6th, we’ll have a rally along a diagonal trend line that ends with a move higher and then a breakdown through that diagonal trend line with increasing volatility on the way down. On the 7th, there’s a notable move higher on a one-day chart and we’ll then have sideways rotation at that higher price level. That offers an opportunity to open a short position that you could close when we decline back down to support toward the end of the day.


On the 8th, there’s a fast, sudden move higher early in the day into a prominent peak that stands out and a significant move lower off of that peak. On the morning of the 9th, we’ll have another prominent trough that will stand out and a big move to the upside reaching for distant resistance. On the 10th, we’ll have a period of volatility that ends with a fast, sudden move higher. We’ll decline from the 10th into the 11th where we’ll then have a big move to the upside later in the day. On the 12th, there’s some sideways fluidity. We’ll have a trough early in the day and a big move to the upside out of that trough. On the 13th, there’s an unexpected move higher that takes us to another prominent peak at the beginning of the day on the 14th. A lot of price change should be covered on the 14th.


On the 15th, we’ll meet the highest high thus far. There’s a lot of price change where one could position themselves in both directions. We’ll decline pretty notably into the 16th where we’ll have sideways rotation and a sharp drop within that sideways rotation. It’s a pretty mixed day on the 17th with a sideways S-formation within a channel. On the 18th, there’s a U-shaped dip that possibly takes us back to the highest high on the 19th. On the 20th, there’s a notable decline and an opportunity that will stand out. On the 21st, there’s a fake out/shake out of some kind and two local bottoms. There’s a peak midday.


There’s a prominent move into a peak or crest at the beginning of the day on the 22nd followed by a full retracement back down into a trough toward the end of the day. On the 23rd, there’s a brief peak that’s easily missed. On the 24th, there’s a prominent peak or crest at the beginning of the day with a notable decline increasing with momentum as we move into a trough. On the 25th, there’s a rally increasing with momentum moving forward into a prominent peak. On the 26th, there’s both a prominent peak and a prominent crest. There’s an opportunity to open a partial long position in the midst of that decline on the 26th.There’s a lowest low somewhere between the 26th and the 27th. You could open the rest of the long position if there’s another low on the 27th. There’s a prominent crest on the 28th/29th with a big move toward the end of the day on the 28th. You could close that long position after that big move to the upside. There’s an opportunity to open a short position on the 29th in anticipation of a move down back to a lowest low on the 30th. On the 31st, we’ll have a prominent move higher followed by a full retracement.



#VITheLovers#VIITheChariot


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