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Memecoin

Shiba Inu Price Analysis — November 19SHIB has suffered a crushing decline over the last three weeks after it peaked at $0.0000885. The meme coin remains unable to break above my three-week-long descending trendline as it recorded its lowest point since October 25. That said, the eleventh-largest cryptocurrency currently approaches this trendline again and needs to post a decisive close above this line to break the jinx. Failure to close above this level preserves the bearish momentum and could set SHIB into consolidation between $0.0000470 and $0.0000420. Meanwhile, my resistance levels are $0.0000500, $0.0000550, and $0.0000600, and my support levels are $0.0000450, $0.0000420, and $0.0000400. Total Market Capitalization: $2.57 trillion Shiba Inu Market Capitalization: $25.6 billion Shiba Inu Dominance: 0.99% Market Rank: #11
by Mr_Wogbe_Alex
SHIBA INU - cute dog will eat DOGEIn my personal opinion - the climbing is not over yet. It is going to find a way to wreck the dogecoin, many useful coins in shiba inu environment. It's pushing forward, also the RSI with MONEY FLOW and MACD, are looking good on long term chart (3D) which I like to watch to see general trends in cryptocurrencies. Im holding some bag of it of these and I'm definitely going to hold it longer! After this gain I will sell half and remain with this until it hits at least .01 As always DYOR! Good luck guys!
FTX:SHIBUSDLong
by MateuszZakrzewski
2
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart. The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021. Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down. In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. 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 #bitcoin #altcoin
by MillionaireEconomics
3
END OF THE HYPE (SHIBA INU) SHIBA INU 1/4 hours Supply/Demand & Wyckoff Pattern Formation Analysis - Spring had formed - Wait for LPSY (confirmation to enter long) - Exit when it reaches 1 Hour Supply (UT/UTAD) - Short Shiba when it reaches 1 Hour Supply (UT/UTAD) at the same time, or conservatively, wait for LPSY (test of UTAD) - Take Profit at 1 Hour Demand - Wait for LPSY (CONFIRMATION to enter long) - Take Profit at 4 Hour Supply - It's better to sell all holding shib coin at last sell price ( 4 Hour Supply) - Short after UT/UTAD formed at 4 Hour Supply or wait for LPSY (test of UT/UTAD) - Take Profit after Huge Mitigation (might be at 0.28175, according to fixed range volume profile analysis)
by ivt6645
1
Will SHIB make it ?? SHIB ForecastAre you one of the people that made money on SHIBA INU ?? On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs price increased with a price range of +/-200% and hit our resistance at 0.00002379 and in the next few days it started forming a bullish flag pattern and on 23 of October it broke out of the bullish flag pattern and increased with another price range of +/-200% breaking its ATH of $0.00005044 and creating a new ATH of $0.0008806 and over the last few day is has been retracing to retest its ATH and our lower trend line at 0.00004524. Therefore if price respects and does not break the support and the lower trendline at $0.00004524 we might see an increase in price and new ATHs created and if it does increase as much as it did in the past with a +/-200% price range increase we might see price around the $0.00013138 range. BUT if it does break our support and lower trendline at $0.00004524 price is gonna continue dropping till it finds support. OR maybe a total white out like the squid game meme coin....wouldnt wanna see that happen but keep it in mind and only risk what you will to lose. L.M
by LucrativeMomentum
3