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
Shibacoin
Shiba drop on Robinhood!Shiba finally trading on Robinhood we saw a big spike on the first day this landed on robin hood which hit .00003. Alot of buyers got their hands on this coin. The Shiba metaverse have not even been drop yet. Get ready for this coin to have continue growth for the next few months. Analysis shows a bull coming.
Follow for more Free analysis this is not financial advice I am also not a license advisor do your research.
SHIB/USDT : Moving into a triangle !BINANCE:SHIBUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
SHIB has formed a symmetrical triangle and now it's moving near to the higher trendline.
Despite of that it's reaching near to the apex of the pattern; There're few possibilities to look for !
- Bullish case; If we get the breakout above the pattern and hold above S/R zone ( mentioned Grey zone ), Then we can aim for $0.00003432 and $0.00004230.
- Bearish case; If we get the rejection below the pattern and hold below S/R line ( mentioned Green line ), Then we can aim for $0.00001866 and $0.00001514.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
$SHIB.X Super Duper Supernova!$SHIB.X now live on Robinhood!
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.
What has the Shiba Inu community worked on?
The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.
SHIB: 50% PUMP COMING?Hello friends, today you can review the technical analysis on a 1D linear scale chart for Shiba Inu (SHIBUSD), an altcoin.
Quick Analysis:
After long awaiting, Robinhood finally listed Shiba Inu on the app. Shiba Inu has been in a descending channel and a triangle pattern which it broke out of with the Robinhood listing news. The RSI and MACD both show a level of bullishness as well, which can push the price higher. Using the descending channel's measured move upwards as well as the Fibonacci Retracement, the price has the chance to move up almost 50% from current price levels. Keep a very close eye on the Volume, RSI and MACD.
What are your opinions on this?
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