$SHIB: About to Rocket All the Way to the Moon 🚀Hi everyone,
Hope you all had a great weekend. After SHIB broke above the monthly indicator, price skyrocketed to 0.00004575. Now, we're seeing a weekly crossing the monthly which indicates a strong acceleration in price to the upside. Current price target is $0.00003275 and second price target is $0.00004998. The daily is acting as support as this manifests. As always, not financial advice :)
Good luck everyone!
Shib
Shiba Inu price completed correction and will continue to grow ?We would like to believe that the Shiba inu price has already made an a-b-c correction as part of wave 4.
But it's worth keeping in mind that a drop in the #SHIBUSDT price down to $0.00001350 - 0.000015 will still keep the upside scenario relevant.
But probably most would like to see the price drop no longer fall so much, and for CRYPTOCAP:SHIB buyers to keep the price above $0.000020 and continue to grow with a medium or long-term target of $0.000075
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SHIB, THE LITTLE DOG THAT COULD AND PROBABLY WILLI still prefer dogecoin
HOWEVER, I think there is a chance to make money on a lot of things
SHIB is one of those for a lot of reason.
Technicals is the focus here so I'm not getting into fundamentals
Here is the chart
All rejection trends, no support trends, however they are all trading in the bullish direction
This chart has some sell targets (light red)
Buy targets (light green)
Rejection trends (red)
Remember, a breakout can go pretty high and overextend this chart. If I don't have a new one by that point covering the movement, please comment because I currently have a lot of open charts and keeping all of them updated is.. not the easiest thing in the world, so I definitely miss old charts at times. I have literally zero issue with anyone ever commenting asking for an update because I'm slacking, wrong or really anything.
I'm still bullish
This price is going up because something weird is happening behind the scenes.
IDK what, but I have guesses.
BUT.
Even at a bullish look, there is still a lot of chances to lose a lot of money so don't jump into a dumb trade just because. There is always time to be patient and time your buy even if you miss out of some potential profits.
Crypto moves fast and sometimes can really burn you on a high side buy.
GOOD LUCK!!
Alikze »» 1000SATS | Ready to defeat the dynamic trigger💎 SATS is a BRC-20 token that pays homage to satoshi. SATS is the abbreviation for satoshi, the smallest unit of Bitcoin. One satoshi equals to 0.00000001 BTC. Please note that the token is a meme token and is inscribed by an anonymous team. 1000SATS is 1000 times of SATS.
💎 Meme Coin Satoshi has made a modification in the three-wave wide format, which according to the type of structure, if the dynamic trigger is broken and the green box area is maintained, it can touch the specified areas.
🔔 If it breaks the green box, it can continue the correction until the liquidity zone. Therefore, considering that in the green box area, good volumes of candles have been recorded, the green box area is a strong support area that must be maintained to continue the path.
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Can We Just Keep It Simple For Once? 2 Month Stoch RSI shows exactly where we are. No fancy lines, or indicators or anything else. Just look! Its really that simple. Bitcoin is about to go straight up if you cant see that in simple terms and picutres then you're probably going to get chopped up! Good luck none of this is financial advice!
SHIBA's correction will continueAccording to the structure of the waves, it seems that the SHIBA correction will continue.
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it!
Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:SHIBUSDT
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside.
The price has already risen to $0.00002864 , which I view as a breakout sign.
Resistance Levels to Monitor
- The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains.
- The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development.
- Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 .
Crypto Impact
The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter.
In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
Potential Shiba Pump?This chart is an update to the previous attached chart below from earlier this year.
Looking at the weekly we see price action, wave trend, and money flow all curling to the upside.
Current Trading plan is to hold for more upside until price brakes structure to the down side looking for any of the price targets above.
🔥INJ Is In A Massive Channel: Remember that AI BOOM❓Injective is one of the AI-related altcoins which grew by +800% after the channel breakout.
Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken!
Additional question, if the price have enough power to grow by 700% as the continuation of the bull flag pattern?
💥 will it repeat this time? everything depends on BTC, but it has a chance to do so.
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Will Shiba Inu coin break or bounce?The price of Shiba Inu (SHIBUSD) is currently hovering around $0.000028 , a critical support level. If the price can hold above this level, it could see a move towards $0.0000310 to $0.0000320 .
However, if the price breaks below $0.000028, it could pull back to $0.0000260 or even $0.0000230 .
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
Shiba Inu (SHIB) - Bearish Short TermShiba Inu (SHIB) has fell below the 20-day EMA (£0.000022) on April 2, indicating that the bears remain active and the price could likely push Shiba down towards the £0.000019 mark near the 50-day EMA.
If the price rebounds off this level, the bulls will attempt to push the price to £0.000026. A break and close above this level will be the first sign that the bulls are on a comeback. The momentum may then attempt a rally to £0.000030.
🔥ID is Another TOP Altcoin on BinanceSpaceID fell by -85% from it's highs. That's much more then most of fresh altcoins on Binance (which has a top growth potential): WLD, ARKM, EDU etc.
It means that not to much people to pay attention to this altcoin and don't want to buy it now...still. The retailers want to buy such altcoins when it pump by 3-4x which is end of the growth.
The same pattern with Aptos supposes these target for ID:
1. $0.36 (+97%) - the key level
2. $1.05 (+457%) - the local high
💥 The bull market is alredy in action and will take just 1-2 years. Please use this time to your advantage!
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🔥SOL Is Close To The Buy Side And Trend Line SupportThe SOL price makes a local pump after test of the trendline. The biggest price support for Solana is at $16 (channel bottom and trendline).
Also pay your attention to the BUY and SELL side. If you open a trade at the bottom of the channel it would be better to close at least 30-40% at the top of it.
💥Bitcoin will show the direction for alts. So pay much attention to #1 crypto and Solana support levels.
If you bought it at the bottom of the channel and still hold, I would recommend you to not sell coins for now. At least 1 wave of growth will be soon.
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🔥SEI Is In Accumulation Area: The Rocket Will Launch SoonSei Network is one of the fresh altcoins on Binance with a huge growth potential. As it happened to many fresh altcoins, it follows the Aptos scenario.
The closest target is at $0.17 (+60%) and $0.37-0.4 (+251%). As fara s you understand there are just local targets. I expect 20-40x on a bull market at least.
💥$220M for altcoin is just a grain of sand in the desert. That's why fresh low-cap altcoins grow so high.
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Alikze »» KAVA | The trigger pullback is brokenIn time W1, after exiting the density and pulling back to the dynamic trigger, it will now have the ability to grow up to the red box area, and if it fails, it will succeed in continuing the upward path to the specified goals.
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SHIB, IS IT TIME TO TAKE SHIB BEHIND THE BARN? PREP FOR DIPPotential SHIB trade.
Would look something like this if it was to occur.
Chances that it looks this clean (orange arrow) is not likely.
However, if price rides a steep trend down, and we catch some mega support under some previous support, we're likely to have a very favorable trade.
Basically, this chart is prepping for a potential drop on the yellow circle trend breaks. SHOULD we see a drop, there is no reason to panic, as theoretically, if you viewed this chart, you should be prepared to buy this dip.
Now, does it go as low as .000007 or can it hold .000009. IMO, it is more likely to favor the lower price target.
This price target catching (Maybe even on a wick, within the week, or day), implies favorable odds all the way over .00001
Should this dip not occur, the price targets and trends are still relevant, however, the chart is primarily for prep of the potential drop showing on the charts.
If we reject off our top price target in our trade window, we'd look to buy the dip right around .0000098, waiting to see if we catch more support and see some higher numbers building.
SHIB's Bullish BreakoutRecent market analysis of SHIB indicates a bullish sentiment as the pair experiences an upward trajectory. The price action has shown a positive change, complemented by significant trading volume, pointing towards sustained interest and potential for further gains. The Bollinger Bands suggest a close watch, as the price approaches the upper band, typically a sign of overbought conditions. However, the confirmation of trend direction should be sought with additional indicators.
The MACD supports the bullish outlook, with the histogram above zero and the MACD line crossing above the signal line, indicating increasing bullish momentum. Additionally, the RSI sits below the overbought threshold, currently leaving room for further upward movement without being overextended.
A recent breakout above a key resistance level could signal the continuation of the bullish rally for SHIB, although it's important to seek further confirmation to validate this trend. Moreover, it's crucial to consider the correlation with Bitcoin's price movements, as shifts in the leading cryptocurrency often impact altcoins like SHIB.
Under PressureThe SHIB 4-hour chart indicates that SHIB is in a phase of equilibrium, with the indicators collectively suggesting a market in search of direction. The price is trading just below the simple moving average (SMA), which typically suggests a balance between buyers and sellers, but also signals that the bulls have not yet gained full control to push the price upward with conviction.
The proximity of the price to the upper Bollinger Band, while not touching it, implies that there is some buying pressure, but not enough to break the solid resistance. The volume is quite substantial, which sometimes can precede a significant move, but for now, it hasn't translated into a breakout, which is what traders might be watching for.
The Stochastic Oscillator and the Relative Strength Index (RSI) are both in neutral territory. This alignment shows that while there has been recent buying and selling activity, neither side is dominating, leading to a consolidation pattern on the chart.
Given that the MACD line is at parity with the signal line, as indicated by the histogram at zero, there's no immediate momentum favoring either a bullish or bearish move. This, combined with the RSI and Stochastic Oscillator’s neutral readings, paints a picture of a market that is currently undecided.
Overall, SHIB is in a holding pattern, with the indicators waiting for a catalyst that could define the next clear move. The key levels to watch are the solid resistance above and the strong support below. A break above the resistance could signal a shift to a bullish sentiment, while a drop below the support could usher in bearish momentum. For now, the indicators suggest watchfulness and caution as SHIB navigates this zone of indecision.