$Shrimps trading setup worth monitoring. The blue line traces a Wolfe Wave pattern here. Projected target runs pretty steep—not something we'd chase right now. Technically speaking, this wave already expired, but here's the thing: Wolfe Waves can sometimes trigger late and still deliver. What makes it interesting is the alternative IHS formation overlaid on the same price action. The confluence support level is exactly where price is testing at the moment. Multiple technical signals converging on the same zone—that's the kind of setup traders keep an eye on.
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OffchainOracle
· 8h ago
Waves is dead but the signals are still alive, this is the confluence I like.
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SleepyValidator
· 8h ago
Wolfe Wave is expired but still being hyped. I've seen this trick too many times.
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AlphaBrain
· 8h ago
This confluence setup definitely needs to be watched, but that target is a bit too ambitious…
Wait, if the wave has already expired, can there still be a late trigger? I find it hard to believe that logic.
The overlap of IHS + Wolfe is definitely a stacking of multiple signals, but whether it can hold at the critical support level is the key.
Not chasing this wave anymore, let's wait for a clearer opportunity later.
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BetterLuckyThanSmart
· 8h ago
Wolfe Wave is outdated but still being hyped. That's the charm of technical analysis, haha.
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NFT_Therapy_Group
· 8h ago
Wolfe Wave has expired and you're still hyping it? I'm just seeing if I can catch the bottom. Bull trap, be careful.
$Shrimps trading setup worth monitoring. The blue line traces a Wolfe Wave pattern here. Projected target runs pretty steep—not something we'd chase right now. Technically speaking, this wave already expired, but here's the thing: Wolfe Waves can sometimes trigger late and still deliver. What makes it interesting is the alternative IHS formation overlaid on the same price action. The confluence support level is exactly where price is testing at the moment. Multiple technical signals converging on the same zone—that's the kind of setup traders keep an eye on.