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Shiba Inu Price Analysis — February 7SHIB currently exhibits some notable bullish underpinnings, as it welcomed a swarm of positive trading volume on Sunday. The meme coin’s recent >20% surge brought it close to flipping the $0.0000300 resistance but stalled at the last leg. The thirteenth-largest cryptocurrency has now retraced mildly to the $0.0000275 support, where it currently gathers more buyers to attempt a retest of the 0.0000300 top. That said, bulls need to defend this support level to prevent bearish from prolonging the rebound period, which should occur this week under the current conditions. Meanwhile, my resistance levels are $0.0000300, $0.0000325, and $0.0000340, and my support levels are $0.0000275, $0.0000260, and $0.0000250. Total Market Capitalization: $1.97 trillion Shiba Inu Market Capitalization: $15.2 billion Shiba Inu Dominance: 0.77% Market Rank: #13
Long
by Mr_Wogbe_Alex
BABYDOGEUSDT, We are moving in upward channelHello everybody Finally we analysed one of the most popular meme coin in these days. Do you anything about token burning ? Do you anything about the community of BABY :D ??? If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile According to the chart you can see the market of BABY is so amazing that is moving in upward channel and we expect the price reach to the below of the channel then its ready to move upwards and rises toward both of target. 1st Tp is midline of channel and the 2nd one is upper line of channel. Until the zone that we shown on chart is not break down and consildate below of that zone the trend of price is upward and the analysis is valid Good Luck Abtin
Long
by Abtin00
2
Can Dogecoin’s Double Bullish Divergence Revive the Uptrend?Dogecoin (DOGE) has consolidated its recent losses, but several bullish signals call for a potential reversal. The DOGE daily chart has printed a double bullish divergence against the MACD and the RSI indicators, which can limit the short-term downside pressure. Double Bullish Divergence First, DOGE has formed a bullish divergence against the MACD indicator. DOGE's price made a new lower low on January 22, while the MACD indicator printed a higher low, which indicates a shift in the momentum. Secondly, short-term DOGE has formed another bullish divergence against the RSI oscillator. Against the January 10 low, DOGE made another lower low, while at the same time, the RSI oscillator printed a higher low. The confluence of the two bullish divergence signals seems to point for a temporary bottom at the $0.12 swing low. However, long term, the bearish trend remains in motion. Only a daily break and close above the 200-day simple moving average can signal a fundamental change in the trend direction. Additionally, most RSI readings are printed below the mid-level 50, suggesting that we are not out of the woods just yet. Looking forward: The first major resistance level comes at $0.20, followed by the $0.21 pivot point.
by cryptohopper
2
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD). The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Dogecoin. Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), Volume, Descending Wedge, RSI, MFI (Money Flow Index). If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
4
💥SHIB CUP & HANDLE 🐶 - TO THE MOON🚀Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ I expect a rise from support to ATH and above it. As explained on the chart, the cup pattern formed followed by the handle about to form. An order block indicated on the chart proves a possible bounce from current support to a new ATH and a possible bounce above it. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on SHIBUSDT ( SHIBA INU ) 🤗 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
💥REVERSE RIGHT - TIME TO REVISIT ATH🚀Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ Price has tested the lower trendline thrice and the upper trendline twice. Price is currently in an uptrend towards the upper trendline. An upward breakout from will take price back to ATH. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on RSRUSDT ( REVERSE RIGHT ) 🤗 Happy Trading💰🥳🤗
RLong
by PetrockFxTrading
2
💥FLOKI INU - 400% PUMP INCOMING🚀Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As seen right here, we have floki price in a falling wedge approaching the breakout point. A breakout upward will take floki to the moon. We all say meme coins don’t follow technical analysis, but sometimes they do. From what I have on my chart, now is the best time to buy this meme coin as it is approaching the retest of the order block. Therefore, a reversal from this order block and an upward breakout from this wedge will take price towards $0.00029 and possibly take it above ATH. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates onFLOKIUSDT ( FLOKI ) 🤗 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
11
This Classic Breakout Calls for a Shiba Inu ReversalShiba Inu (SHIB) was one of the top gainers from yesterday's rally in market, gaining more than 13% after breaking above a critical descending trendline. Trendline Breakout Shiba Inu's price is set for a short-term rally after breaking above the descending trendline that connects the lower highs starting from the all-time high of $0.000088, but it faces short-term resistance at $0.000039. The trendline breakout gives hope to the bulls that the current rally can continue. This is a significant breakout because it was used to frame the sell-off from the all-time high. In this regard, the current breakout might signal a shift in the market sentiment and a possible reversal. MACD Bullish Divergence Additionally, another classic technical pattern known as the MACD bullish divergence adds confluence to the bullish case scenario. The MACD bullish divergence happens when the price is making lower lows, but the indicator is making a higher low, which signals that the selling pressure is cooling off. Moreover, the SHIB price is currently bouncing off a key long-term support level at $0.000026.
Long
by cryptohopper
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD). The chart is self-explanatory. The price is in a descending wedge pattern with the price attempting to get back to the top resistance line. If the price breaks out of the descending wedge, look towards the Fibonacci Retracement levels. The RSI has a bit more room to grow until it gets to the resistance line. The Ichimoku Clouds are shown with upcoming resistance. The 200 MA (simple moving average) is shown on the chart to see what the price needs to get back above to be bullish again. Positives: Descending Wedge Patterns are generally bullish. Money Flow Index (MFI) shows money coming back in and the indicator moved out of the oversold region. Negatives: Volume is very low. The dash lines on the chart are upcoming support and resistance areas for the price to battle. RSI about to approach resistance. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
4