$SHIB.X all time highs coming with more momentumWow look at that $SHIB Volume Point of Control (yellow line) around *.*46 and that MACD. So many bullish signals I can't put on one chart alone...
Shibacoin
Shib: Need to step up buying pressure, rising wedge on 4hrAs much as I would love to see us skyrocketing, we also need to be wary of the rising wedge forming on the 4hr. If we don't step up buying pressure and break that top resistance we could 'potentially' see a breakout to the downside. As the rising wedge is commonly (as far as my knowledge goes) a bearish signal, my prediction is that if we don't break resistance, we could see a pullback at the later times on the 27th of October or the early times on the 28th of October.
Prepare the diamond hands and get ready to hodl, lets go ShibArmy!
WHAT NEXT ON SHIBA?Hello trading friends,
✅I hope you have all a great day.
This is a short update for SHIBA ARMY depending on the last signals and trends.
We did add before this update about the increasing trend for SHIBA
the Day today we see a good increase trend on Shiba, and also the hype that it has.
Update
Shiba is still into the increasing trend - but we should focus on the black line on the chart, we should hold that line, as its important power line, and the trend line for the further increase trend, if we breakdown back to that line and we breakdown it with confirmation line, SHIBA could enter new short time.
Trade on more price actions targets, and don't focus only on 1, as we know charts prices can go all sides.
Have a great day!
Shibainu is going to 0.000032, good place for short positionsThe Shiba has corrected to the 0.000041 level, but buyers cannot rise above the 0.000044 level. This indicates that buyers are not ready for new highs, there is a downward trend in the pair. I consider this place to be ideal for short positions with a target of 0.000032 for several days.
Shiba Inu Network Activity Soars; SHIB Bulls Hunt Higher Support
Shiba Inu fails to return to $0.000045 but is holding above $0.00004.
The number of new and activity addresses on the SHIB network spikes is a bullish signal.
Since the weekend session, Shiba Inu has been a top for discussion in the cryptocurrency space, especially on social channels like Twitter. The meme-based coin enjoys massive support from the vibrant community, who want nothing but to see it hitting hundreds of percentages in gains every week.
Shiba Inu nearly hit $0.000045 during the weekend rally, outpacing its older ‘cousin’ Dogecoin. Despite Elon Musk sticking with DOGE and calling it the currency of the people, SHIB kept the uptrend intact. The Tesla billionaire also clarified that he did not own any SHIB tokens and the only crypto assets he currently holds are Bitcoin, Ethereum, and his favorite DOGE.
Shiba Inu Seeks Higher Support To Keep The Uptrend On Track
Following the massive upswing to areas very close to $0.000045, Shiba Inu retreated and secured support at $0.000035. An immediate reflex recoil occurred, sending the Dogecoin spinoff above $0.00004.
Nonetheless, Shiba Inu is yet to close the distance at $0.000045 but trading at $0.000041 at writing. Support at $0.00004 is expected to come in handy and aid the bulls in stopping the potential pullback to $0.000035.
Meanwhile, the MACD shows that buyers still have the upper hand, especially with the momentum following tool far above the mean line. A buy signal has also been sustained. If this technical picture remains unchanged, I expect Shiba Inu to gain traction above $0.000045 gradually.
It is worth mentioning that overbought conditions contributed to the pulldown of the token, as the retreating RSI. As the index drops from the overbought area, the odds favor the bears, resulting in a more extensive correction.
The token’s network activity has been on an upward roll based on on-chain data by IntoTheBlock. Realize the number of new addresses created on the Shiba Inu protocol recently spiked to roughly 29,000 while the number of active addresses per day shot up to 57,000.
This increase in network activity is a bullish signal. It shows that buyers have the potential to sustain the uptrend, at least for the near term.
price action patterns you need to know ( part 5 ) hi my friends ,
i'll share with you some patterns which can help you in trading ( part 5 )
the bull flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go long again
the bear flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go short again .
note : note : both of them ar continuation patterns .
please support me with like and follow me for more ideas .
SHIB Shiba Inu Consolidation AreaAs you can see in this chart, my price target at 0.00000750 was 0.00003500.
Once the price was hit, a consolidation area at 2000` followed before the next pump.
What i see right now is another consolidation area that SHIB needs to make in order to compete with DOGE`s market cap!
SHIB, Push to 5000 in 24 hours?Based on past price action, the fractals indicates if momentum continues, we will reach 5000 by tomorrow. I feel sweeped up in a parade and it feels unreal because it is. ...
It will cost you $50K USD to be a SHIB Billionaire. Now, who the hell has that kind of cash to own some SHIB or one of the many MEME NFTs about to flood the markets for xmas?
I don't know. A few oil right nations are looking to diversify away from the USD. For them, 20000 SHIB per penny is pretty damn cheap. Elon owns none? That's great news for DOGE because it means that's a good enough for him. DOGE is widely distribute and could easily scoop up all of Litecoin's market cap.
I see Elon supporting Bitcoin, Addting Ethereum on the business side and staying with Dogecoin as a developer.
SHIB is a wild horse. Enjoy the ride and keep vigilant. We're at 4200 target, chill out zone. Or not.. .
Shib Army Blast OffHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Congratulations for everyone that follow our signal, we were mentioning when shib was around 700 sats that be patient and that we will see much higher prices. 4 months later shib exploded 500%! next target is 5000 sats and that's a good area to take profit off some shib!
Shib asymmetrical triangle breakout imminent? Another one?Another Asymmetrical triangle forming on the 15m timeframe. As from my previous prediction, we did go up from that, and I believe we will do the same with this one. As we have seen recent bullish action, I believe this to be a bullish asymmetrical triangle, and we are closely squeezing again for a breakout.
My prediction is that we will probably see substantial movements in price by the end of the day, my guess is to the upside and hopefully smashing that ATH. Lets go ShibArmy, to the moon!
Shiba, might form another bullish pennant.Shiba, we just reach the ATH as we aimed for. It broke on the bullish pennant. Right now, it might form another bullish pennant.
SHIB - Buy only after that 😱❗❗ SHIB is in an accumulation phase. The more the price is in accumulation, the stronger the upward momentum will be.
Breaking through the accumulation could be a good buying opportunity. But there could also be a pullback and then a breakout of the upper accumulation level.
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.
SHIBUSDT hit our two targets and crossed accumulation area🤩SHIBUSDT hit our two targets and crossed accumulation area🤩 as as highlighted. Now we are very near to hit our final target with 11X growth/ 1100% profit. So far We are consistent with our analysis.New direction will be updated after hit final target around $0.00005 level.
MY NOT SO MINIMALIST ANALYSIS FOR SHIBA INU$SHIBA
10.24.21
0926H +8 SINGAPORE
ALERT: SMALL SPIKE UP
Though we are still in the overbought area. Probably the ROBINHOOD THING. Monitoring Volume.
Well, who really needs volume for a MEME stock, LOL!
you got $10000, no problem for a 300X to 700X, Maybe?
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with
the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES.
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DISCLAIMER:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.