Pennant fail?Pennant break below the so called pennant pattern..
The bear is in control now.
expecting Shiba will goes into sideway within 400-550 zone..
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
Shibacoin
SHIBUSDTShiba Behavior Seems to be Very Interesting, till this time its making Sure to hit all the stop losses. Breaking all strong Support and Resistance Zones.
Seems to be Strong bearish for whole long day. Now Bears strength seems to fade away and bulls are taking charge.
Now Bulls will take charge for 2-3days. Now Shiba Coin will make higher low around 0.00007200. After then it will go to Sideways for 4-5days.
And then will make NEW HIGH.
Wish you all Good Luck!
Strong Buying Zone with Stop loss of 0.00005250
BINANCE:SHIBUSDT
FTX:SHIBUSD
SHIBA UPDATEShiba Inu price has been consolidating since it hit a new all-time high on October 28. So far, SHIB has been hovering around a crucial barrier, showing indecision among buyers and sellers. At this level, market participants can expect the Dogecoin killer to provide another buy opportunity before it blasts off.
SHIBA INU : BULLISH TRIANGLE PATTERN | PRICE WILL EXPLODE SOON..Welcome back Traders, Investors, and Community!
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Shiba big move will come soon!!Shiba in currently in the big triangle.
Trade volume is still going down - this is typical before big move.
You can see bullish and bearish target.
Bullish target is high of triangl and also psychological area around 0,0001USD.
Bearish target is on POC level, this area is the most trading area on the chart.
I don't recommend you to trade shiba, bcs is very dangerous for a both sides.
SHIBA | Is Another Bullish Wave Coming??#SHIB (update)
Forming Symmetrical Triangle Pattern in LTF..!!
In Case of Upside breakout, expecting +20-25% Bullish Wave in Short term So Keep your Eyes on it 👀
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MY NOT SO MINIMALIST ANALYSIS FOR SHIBA INU$SHIBA
10.30.21
0947H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
INDICATORS INCLUDED
AN AREA OF OPPORTUNITY: 2ND SWING ACHIEVED
ZONE FOR AN ENTRY (COILING UP FOR A 3RD SWING.)
BUYERS ARE SHOWING STRONG INTEREST and SUPPORT for this LITTLE DOGGY. ;)
Wishing you all The Best Trades! I thank you for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
SHOUT-OUT to All the Cryptoverse Analysts!
Vive Le Austist! Vive Le Retailers! Vive Le Revoluzion!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE (CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
SHIB at strong fib levels. Bullish Hidden Divergence at 4H TFNotes:
- Currently forming a pennant pattern
- Support: 0.000058 to 0.000062
- Resistance 1: 0.000075 to 0.000077 due to 3 overlapping fib levels from previous significant highs and lows.
- Resistance 2: 0.000087 previous ATH
- Resistance 3: 0.0001 due to 3 overlapping fib levels from previous significant highs and lows
- RSI shows Bullish Hidden Divergence at 4H TF
- Stochastic shows continuous buy signal but going overbought
- May bounce at 0.000065 before breakout (or breakdown)
Is Our Darling Shiba About To Take Off?From the looks of things, it seems as though Shiba is about to continue on upwards after multiple spikes and rejections of 00006300, my 61.8 Fib is lining up perfectly with the area, Moving Averages have crossed over to the upside and the counter trendline I drew has been broken, higher time frames are also lining up...had this been currencies or indices I would say a bullish drive upwards is inevitable but you never know with crypto's and only time will tell, but overall I believe Shiba is not done yet