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Shibacoin

This is it folks!It might have been a down day today but it looks like for the time being we are coming out of this falling wedge pattern. If you look at the chart, I have a line drawn at 0.00004116. I drew that line on the 19th or 20th to mark the 50% correction in the over all run up since the end of September. You will also see I have a rather crudely drawn arrow that is bouncing off of that line which I was predicting it to bounce off that 50% correction mark and what do you know it did for the most part. So if we use the falling wedge to try and predict where we are going entry should be around 0.0000545 and our target should be around .00010 . you will also notice that there is a trend line on the run up and marks at the 0.00010 mark and one at the 0.00012 mark these were my predictions as well (Which by the way were laughed at). So in conclusion (I could talk all day about this) textbook falling wedge could drop further down before popping but this is my TA of SHIB. Also this is the Day chart so I'm predicting a nice slow burn(I'd love a huge pop but with big pump comes big dump). Oh Ignore the green horizontal lines they are my 1x points so for those of you who can count up around 4x, the horizontal red line is where I took some profits on the way up. If you made it this far in my write up thank you for entertaining me and my rant. Let me know what you think. And obviously SHIB TO THE MOON!!!
FTX:SHIBUSDLong
by wolfwood2186
1
Shib Starting the next set of Waves on the Hourly, BULLISH!!!Goodmorning everyone, I've taken off of work today because of a badddd toothache, but the gains will help negate that lol. I'm still very bullish on shib, looks like we just completed a Whole Elliot wave on the hourly and we are staring the next WAVE 1 Now.. Which means that on a higher timeframe we are just now starting wave 3 of the overall larger picture. My prediction is that the overall wave will touch the ATH again soon, retrace back to the .00006-.00007 area then create a new all time high from there.. Not Financial advice, this is just what I currently see going on at the moment, all of my shib calls seem to have been correct in the last few days.. this post may not age well so dont come at me lol.. Have a great day yall, Happy Trading!
Long
by A1Millionaire
7
SHIB - Buy only after that !!!Shiba Inu has been moving in a downtrend for a long time. The price has already corrected by almost 60% from its high. This is quite a lot and it is already worth looking for turning points. Locally, the price broke the important level of 0.00004$, the next important level is 0.0000353$. I don't know if the price will reach the big value area, but if it does it would be the best buying opportunity. You should also pay attention to the trend line, if the trend line breaks, this could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
17
$SHIB bullish breakout confirmations?continuation of the last idea: Shiba has now broken both the descending wedges + the RSI trend line on the 4h and the 12h + shows confirmation of Bullish Divergence on the 4h, which has developed into the pump of ~40% we've seen today. RSI has cooled down in all timeframes and we are breaking out from the main RSI downtrend on the Daily as well while volume is increasing with closing green candles. Currently retracing and holding shorter EMAs in most timeframes. Expecting the next pump to retest the area of .00006500 where a 0.5 fibb might show strong support for further upside towards ATH.
Long
by a_stonk_a_day