Shib
✴️ SHIBUSDT | Necessary Retrace (Name Your Altcoin #16 ✅)
Recently, Shiba Inu conquered EMA300 and hit a new high... You can check the 'Related Ideas' below to find this article.
Now that EMA300 has been conquered, SHIBUSDT can move back down to test it as support, this is the tricky part.
The retrace can last a few days, say 1-3 days, just as it can go for weeks.
Prices can drop just a little bit just as they can drop a lot, here it varies wildly and how this pair behaves depends on the overall market sentiment.
The bias and trend remain completely bullish of course.
Bear volume is really low yesterday, on the first red day and low also today, which tells us that the retrace is likely to be short rather than long but still, it can vary everyday.
The broader perspective says additional growth will follow short, mid and long-term.
Namaste.
🤖AI COINS IS GOING TO THE MOON: TRADING PLAN FOR FOLLOWERS🔥🔥Hi, friends! The AI coins are on fire now. ChatGTP, OpenAI (Elon's AI company), and Microsoft AI events are the main topics of the last month. Today they are pumping the most.
🚩 I recommended to but NMR a few days ago, which is already makes +50% in a 3 days. So this idea will be for my followers who already miss the AI trend, but want to enter the market.
OCEAN is the top gainer of the last days (+275% in a month). It already reaches the strongest resistance: 2 global trendlines and a HUGE value area. If it brakes them now, I will try to find the entry point to long.
📊 MY TRADING PLAN FOR OCEAN:
1. close above all the resistance and test it as the support(!)
2. huge buy orders during the test of the levels as the support on DOM and Footprint scalping tools. These indicators help me to identify the whales and open the trades with them
3. bullish BTC and ETH is the must-have
🚩 The most accurate signal to sell is the volume huge spike. In almost 100% it was the top of this altcoin.
✅ MY TARGETS FOR OCEAN:
🔥$0.75 - the closest key level
🔥$1 - key level and even number
if BTC continues to grow, highly possible that OCEAN will reach the ATH this year.
Traders, what do you think about the hype around AI tokens? Do you make money on it? Show your most profitable trades in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$Bone ties with $SHIB is GOODJan 5th we spoke on $BONE
"Like $BONE, have some
Has outperformed its daddy $SHIB lately
Much smaller mkt cap, great fully diluted & significantly smaller supply
Still way off from highs
IMO if not in, buy on pullbacks
Weekly looks healthy
TODAY
$BONE still pumping
$SHIB #BONE #crypto
SHIBUSDT, new upward trend! 📈🦬 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. Shiba has been in trade range and accumulation and broken its descending trend as we expected. For now under resistance base 1525-1585 which you can save your profits or manage your positions to reach the first target because of BTC's situation. The main targets will be 17 and 28.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
Will Shiba Inu start growing again❗️❓🦊In response to the question I raised in the title of this post, I must point out some points that may help you choose Shiba Inu in your portfolio.
The good news for Shiba Inu is that it was able to make a Higher Low (HL) on its chart, as well as break its important downtrend line. But since the Shiba Inu is currently moving near the PRZ(Price Reversal Zone) and the downtrend line, I expect Shiba Ino to push back to the important downtrend line in the coming days and next week.
Another good news is that if Shiba Inu can break the PRZ zone and the important downtrend line to the top, there is a possibility of creating a fan principle at the bottom pattern, which is considered one of the classic reversal patterns, and it is possible that Shiba Inu will start its uptrend again with this pattern.
If the Shiba Inu can make a daily candle above the heavy resistance zone & 0.000018USDT, then I expect the Shiba Inu to make 😱200%😱.
Shiba Inu Analyze ( SHIBUSDT ) 2 days Timeframe ⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
position for SHIBhello guys...
shiba made a cup and handle pattern, rise up, and after that made compression and formed a triangle pattern as well.
now shib hits 2 times the top and bottom line of this pattern.
be ready for breaking up and after that based on breaking get positioned in the same way!
always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comments.
Altcoins maintain inverse relationship, look at MEMECOINS!Interesting
Majority of #altcoins were lower for most of the day
Except $JASMY!
$BTC opens, goes LOWER & many #altcoin go UP!
Granted, not by much but the inverse is amazing!
#memecoin MOVING
$VOLT $SHIB are we at the last stages of this run?
Not good for bottoming
SHIB USDT BINANCESHIB is following a longer term uptrend (white line).
Before continuation there should be volatility up and down leaning more downward to the white line.
A safe long would be to 1783 resistance (short long).
Looks like at the moment we want to go back towards the white uptrend line.
Could buy in around 1302 support.
RSI is going to now look for support after that big pump SHIB has done these last couple days.
This isn't financial advice and you should DYOR.
Thanks for following.
Please like, share and comment any ideas.
Shib sitting up or rolling over?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
From an Elliott wave stand point, there is a potential that this move up is just a larger move with in a correction. A blast off or a nice corrective pattern internally retracing this move could be a nice entry for a long. Only thing else I could see is it may be being in the midst of some kind of Diagonal. Also drop some Median Line Trading principle in there as well.
As long as the last pivot holds "price should return to the median line approximately 80% of the time."
Theses levels on watch in case of a pull back.
Cheers!
🔥BITCOIN IS ON THE WAY TO TOP OF CHANNEL. WHY $25,200 SOON?🚀🔥 Hi friends! All markets are doing very well. Crypto especially stands out against this trend. Most of the altcoins we bought made more than 100%, some 200-300%. And Bitcoin, which we bought that month for $16,700, grew by 40%.
Only one(!) monthly candle absorbed the previous FTX dump and months of consolidation. The month, week are closed very bullish.
But what gives me confidence in continued growth? Good condition of the US stock market. Bitcoin is so correlated to global markets. A lot of fundamental events were this week:
🔥 FED rate +0.25%
POWELL (Head of FED):
- I BELIEVE A "SOFT LANDING" OF THE ECONOMY IS STILL POSSIBLE
- FOR THE FIRST TIME, WE CAN DECLARE THAT A DEFLATIONARY PROCESS HAS BEGUN 🚀
🔥 the reports of the three giants Amazon, Google and Apple yesterday cooled down the markets a bit. Bitcoin fell to $23,200. But Apple is rising today, having fully recovered in value after yesterday's drop on a record buyback.
🔥 the lowest unemployment rate in 54 years
✅ The economy looks so strong and it is the best precondition to grow even to $40k per BTC.
📊 TRADING PLAN FOR BTC:
1. reaching the key level and top of the local channel $25,200
2. open a short of the false breakout of channel top happens. This will be the most bearish signal as the return of BTC inside the channel at $17,600
3. open a long if it will be tested as the support (candle should close above the level even if shadow squeeze below). It will be the best confirmation of the presence of the bulls
🚩 If pullback happens now, BTC has more chances to grow to $28k and higher. Because during the pullbacks, the market is cool down, which allows crypto to grow higher and higher.
✅ THE MAIN TARGETS FOR BTC ARE $25,200 AND $28,000 AREA. Here I recommend focusing your attention on closing your longs and try to find the best short entry. Of course, I will inform you about it at TradingView. So stay tuned!
Traders, what are your targets for BTC for this month? $20, 25 or 30k? Maybe $12k? Write your thought in the comments!
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Bitcoin Looks Pretty Solid For Recovery Descending Broadening Wedge Breakout has already confirmed
Moving Averge golden crossover Is Happening While Btc Testing Crucial Resistance
If Golden Cross Happen And btc Breaks Crucial Resistance Got cleared In Between 24 To 25k Area
Then Btc Can Recover Sharply
Out Midterm Target Will Be 45k Area
Shib poss EW Counta possible count for shib, I,ve got the second big pump it made pegged as an X wave so im expecting back to the highs or close to the highs as the top of a macro 3 wave then down for a month or two before the final pump up somewhere between the 4.618 and 5.618 of the macro 1 wave - lets see how it goes
SHIBA INU (SHIB) technical analysisSHIB has broken the downtrend line, or the downward wedge to be exact, and gone up in the first minor wave. Currently, we are in the minor corrective wave which soon will be over; unless Bitcoin makes another crazy downward move :)
There are two possible upward movements for SHIB: 1. if the upward unfold in an A-B-C wave, after that most probably the major correction will continue and SHIB will go down further. 2. the upward wave can also unfold in five waves.
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge and above 200-day moving average, price also broke above $0.000013 resistance. Trends have reversed. Upside potential to $0.000018 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $0.0000100 (previous resistance), then $0.0000080. The nearest Resistance Zone is $0.0000130, which it broke, then $0.0000180.
✴️ Shiba Inu Major Bullish DevelopmentShiba Inu has been growing since late December, wait no, it has been trying to grow since June 2022 but each time it met EMA300 as resistance, a strong rejection happened.
In mid-August 2022 SHIBUSDT tried to move above EMA300 but only did so by a wick, a strong rejection happened and a multi-months long correction followed.
Late October 2022 the story repeats, a wick high that was rejected at EMA300.
Again, but this time 18-January SHIBUSDT faces resistance at EMA300, no rejection, it keeps battling with this level for weeks until finally yesterday EMA300 breaks, the bulls win.
A major development as EMA300 is the longest moving average we track and moving above this level confirms long-term growth.
Moving above MA200 opens the doors for long-term growth but above EMA300 this potential has been confirmed.
As this level is conquered Shiba Inu hits a multi-months high and is set to continue growing.
The next target as usual is mapped on the chart.
You can see the 'Related Ideas' below for previous predictions... They all hit.
Namaste.