SHIBA Volatile Move Ahead: Triangle AnalysisOver the course of several months, SHIB has formed a triangle pattern . Triangle patterns are classically ending in a strong climax either way.
Seeing that both crypto and stocks are trading bearish at the moment
most likely scenario will be for SHIB to break bearish
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
Shiba
Trading opportunity in SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT Shiba Inu
🔵 Long Now 0.00002460
🧯 Stop loss 0.00002175
🏹 Target 1 0.00002700
🏹 Target 2 0.00002950
🏹 Target 3 0.00003400
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Shib Long is going to break heartsShiba is long... should have been long 2 days ago. The whole market is in a fake dump. Better to hold the long than short because of shiba's range. It is on sale for the rich.
It is a spot trade so watch for updates. Loss the last bet but bounce should be soon. Happy gains ya'll.
Update analysisI have update the Shiba Inu analysis after monitoring the price point on Sunday April 24, 2022. For the next 24hours I can see the Shiba Inu price trading between 0.00002408 and 0.00002230 highlighted in blue. If the price fails to break above this upper trade margin of 0.00002408 it could result in a downtrend towards 0.00002082. If not expect to see a move higher towards the profit margin 0.00002910. If $SHIB can break above this point, there's a good chance that a bull rally will extend upwards towards 0.00003573 and higher.
SHIBA Next Resistance test may be the last. +400% opportunity!This is an update to the Shiba (SHIBUSDT) pattern I published for SHIBUSDT on February 07:
As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone where it started a tight consolidation within the two Zones. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D LMACD sequences are identical.
In our opinion, the next test of the consolidation's Resistance level , will most likely be the last as it appears that Shiba is at the ver last stage of the 2021 consolidation. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021 and right now the two trend-lines are as close together as they can be.
So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !!
Do you think it is worth waiting for a lower price and miss out on this potential rally?
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
SHIBUSD Break Above DowntrendSHIBUSD has shown a break above the dominating downtrend on the right side chart
On the left SHIBUSD on a different pair is also showing bullish signs, with a descending scallop formation
The big take away is that a big support has been reached with a triple bottom, bullish action will prevail and lead to 200MA continuation
$SHIB price predictionApril 23, 2022 Shiba Inu price prediction. I predict that the Shiba Inu coin is in for a price increase in the near future with the next target at 0.00002910. An increase to this price point would increase buyer sentiment and give a platform to propel the price to 0.000035. the lows to look out for are highlighted in blue and if the coin goes below 0.00002403, it could mean a retest at the point 0.00002175 or 0.00002067 and it could even mean a further decline in price from that point on. Due to the increase in trading volume in the crypto market and the recent Shiba Inu listing on the Robinhood crypto currency exchange I think that it is likely that Shiba Inu sees gains in the coming weeks and offers a good investment opportunity at 30% ROI.
SHIBUSDTHEY GUYS what do you think about SHIBUSDT?
The RSI has broken the downtrend in 1H time frame and the price is in a support area as well as has a positive divergence(RD+). The price is expected to break the downtrend as well.
If this post was useful to you, do not forget to like and comment.❤️
SHIB possible quick move to earn 5.5%Hello everyone, let's take a look at the SHIB to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002389, if we manage to keep it, we can move quickly to the resistance point, which will give about 5.5% profit. However, if the support breaks down, the next one is $ 0.00002216.
Now let's move from the resistance line, as you can see, the first resistance is $ 0.00002556, if you can break it, the next resistance will be $ 0.00002672 and $ 0.00002768 plus $ 0.00002863.
Looking at the CHOP indicator, we can see that in the 4-hour interval some energy was used, while there was some left for the next move.