Shibacoin
SHIB, have you seen that big falling wedge?A large falling wedge can be seen on the SHIB chart. This is a bullish structure that is breaking out statistically upwards. But it is also worth highlighting the liquidity level of $0.0023.
At this point I would highlight two possible scenarios:
- The first scenario is a correction and a liquidity collection below the liquidity level.
- The second scenario is squeezing and a breakout of the upper wedge boundary.
In the case of squeezing and a breakout of the upper wedge boundary, there might be a good buying opportunity. In the case of a false breakout of the liquidity level, there could also be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Trend lines keep holdingAnother round is inbound as we will test the trend against the floor. Which side will hold? Time will tell but if the floor holds the trend wedge will tilt up. If the floor breaks, then the wedge will hold its current position, leading to a continuation in the rate decline since the peak as the price continues to follow the trend.
$Shib support and resistance, downward trendShib seems to be developing a trend of holding a line of support for about a month before it drops and then that same line becomes resistance before the next leg down. I'm holding.
SHIBA accumulation phase before moving upstarting the downtrend change is seen in SHIBA INU chart, it is expected to have a short period of accumulating then changing the trend or new pump.
traders use stop-loss always.
SHIBUSDT | The best area to climb🏹Hello traders, SHIBUSDT in daily timeframe ,According to the count and analysis, the main waves 1 and 2 of this trend are over and now we are in the wave of wave 3.
From the main wave 3, wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Also, wave 2 is formed in a zigzag shape and from this zigzag, waves a and b are finished and now we are inside wave c.
We expected the C-wave to move above 1.00 or the price of 0.000016.
But given the structure that has formed over the past few days, we think it will be an expanded progressive triangle that is within its 5th wave, and this 5 wave will probably take time, and after reaching Fibo 0.618, it will climb to the whole half of this zigzag. Will do.
If the channel ceiling and the area marked at the end of wave 2 are broken, there is no descent.
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SHIB support and resistance playIf you haven`t bought SHIB at the Coinbase listing:
Then you should know that looking at the chart and the 4 daily green candles, it is heading for the 0.00003900 resistance.
Looking forward to read your opinion about it.
Shiba making flag 🤓🔥Shiba making flag 🥸🔥...let's go take entry when tred breaks upward and retest 💥💯
SHIBA continuation of the upward trend from a new price levelSHIBA defended the new price level and continues the upward trend, the support line is getting further and we are recording more and more green candles
SHIBA solid price rebound and continuation of the uptrendshiba on the chart defended the level and bounced the price to a safer zone, the situation is developing and we can expect (if BTC does not have a correction) further increases
Continuation of the bearish trend for the entire crypto marketThe US inflation data sent the market up, but not for long time. Labor market data will be published soon and I expect the opposite market reaction. And before the data is published, growth is possible before the start of American session.
SHIB/USDT - Before BUY - Wait for ThisHello Everyone.
SHIBUSDT did Strong Bullish move.
Now wait for Correction & let the market came into Demand Zone.
Then Enter BUY Trade after confiration.
Please mention below! What are you thinking about this?
Thanks
SHIB Buy ZoneSHIB is in the buy zone for the next few weeks. Will be watching this trend line very closely and opening a position if no weakness appears.
SHIBA recovering price levels and healthy uptrendSHIBA after the correction is recorded a rebound in price, the situation on the chart looks healthy and is likely to continue, the most important factor, however, is the behavior of BTC in the near future, it will be decisive
Shibusdt is going to 0.000047$SHIB can recover 50% of its correction after a breathtaking and sharp correction from 0.000088 to 0.000025.
SHIBA gradual correction + expectation of strong price reboundSHIBA has a difficult last days, gradual loss of value + very weak attempts to break out the price on the chart, the situation is likely to improve under the influence of BTC when it starts to grow
An attractive idea ( update 2 shiba )We have come step by step .... we change our strategy from holding to short-term fluctuations
Shiba inu coin SHIB/USDT broken uptrend, spot on Fib rejectionI've been "irresponsibly" ( as Roaul Pal says) bullish on Shiba as it has had a very bullish setup and triangle formation, but unfortunately it has broken the support which also is spot on with Fib line(as seen on the chart) and we are heading now down to the next support around 0.000024-23 if that one is broken as well, then the next one is as per the chart or if it will bounce from there then the current level ~ 0.000036-37will become a huge resistance. This is kinda Doge scenario where everyone expected it to go back up but we know how it has ended. The problem with Shiba is its ecosystem's "investors". They are the most typical "panic sellers" mostly with short term gamble gains and as soon as they see few red candles in a row they click sell :) After all, Shiba is just a meme coin and it did just that- as all memes do - trending while it lasts and then everyone forgets about it...Also lets not forget that Bitcoin is in the crossroads as well which is another massive factor in Shiba's (and all other coins generally) price action.
SHIBUSDT-SHORTBased on technical factors there is a short position in :
SHIBUSDT Shiba Inu
Score 4️⃣
🔴Short Now or set on Key Level 0.00002845
🟢Target 1 0.00002520
🟢Target 2 0.00002280
❌Stop loss 0.00002930
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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SHIB uptrend + strong supportSHIBA shows an unwinding and continuation of the uptrend, BTC is currently in a calm state and SHIBA can slowly rebuild its price, the situation will continue as long as BTC sleeps
SHIB downward trend and difficult timeSHIB has a difficult time ahead, the lack of major events and the influence of BTC strongly cause the price to fall and no major rebounds, but this is normal in such situations, BTC will bounce back strongly one day and so will shiba :) patience is the key
SHIBA temporary calmSHIBA's situation is dependent on BTC at the moment, BTC has a very strong influence on the market so if BTC does not rise significantly then shiba will not (unless someone does a pump) so it is worth being patient and waiting for BTC to return to its peaks
SHIB strong support to holdIf you haven`t bought SHIB at my first call, $0.00000684:
Then you should know that Shiba Inu is sitting now at a strong support level and we might see small bounce from here.
Otherwise the next strong support is at $0.00001200.
Looking forward to read your opinion about it.
