Shibacoin
Time for a breakout ! UP or DOWN ?If SHIB breakout upward and retest the trendline it will rise again to its major high @0.00003530 ! If downward ... then i think it also going to break the daily support and support 1 @0.00002760 . But will be catched at support 2 @0.00001800 .
If so? then i will buy the dip! :D
Shiba Analysis 2 [Bullish Scenario]Here I believe we will see uptrend soon as we have a bullish 50 range RSI divergence, we are at the bottom of schiff pitchfork and inside the golden zone on our fib retracement, if we do break this pitchfork we are going down to 0.00002618 and will see a bounce back up.
SHIB Lotto update.Not a financial advisor.
My last update still 100% applies to whats going on for the run. I'm just pointing out the fact that it does this dip every time before we see a run.
We have been doing the same things over and over. Thats why I pointed out Elliot Wave. We will be breaking .000037 in the near future. We will be seeing .000047. We have waves playing out on higher time frames. Eventually we will see .00014 to break the .00009 high. Just need more time to let this all play out.
When we see these dips, its been to give the RSI a reset so we have more room for activities 😁 (holding support on the 50 MA on the hourly)
Also when we do that we are backtesting the bulls strength to push us forward. Don't let the dips cause you to panic, they are healthy.
This project is so new year & growing very fast. Crypto itself is less than 20 years old. Crypto will be here to stay. Look at generations that will be growing up with it, they already do most payments online or with credit cards. Why wouldn't crypto be easy to switch to?
I used to be a bar manager, most transactions were credit cards. The business would then have to pay so many fees for using credit cards each year. Cash was king, but it's rare to see people use cash. Kids venmo each other for expenses, It won't be long before they all start adjusting to crypto. The rewards for staking are far more appealing than using a bank.
everyone is also seeing more advertisements for crypto with celebrities and athletes, which will cause crypto to see faster growth.
SHIB uses token burn on NFTs and tokens get burned with their NOWPAYMENTS. They also have website in which holders can burn tokens "shibburn"
If you have any questions please comment, I have been updating a little more on Tradingview however my main place to update is in my community. (Free - not even a section for memberships)
SHIB is going to change a lot of lives, its important to know that things will continue to go up and down. Form new patterns, test support, have fake breakouts. But when you look at the overall project, its on a strong uptrend currently. There will be times when it has a strong downtrend, but things will reverse and start to grow again. The Project already hit over $10 Billion, as this keeps gaining interest & as the token burn keeps getting greater, we will see a rise in token price.
SHIBA INU:TECHNICAL UPDATE | PRICE IS GROWING EXPONENTIALLY FASTWelcome back Traders, Investors, and Community!
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SHIB Trade Setup 😉Hello Traders. Hope you are having a fantastic day.
SHIB is forming a strong reversal pattern on 15M timeframe and has formed a bullish divergence. Targets are shown on the chart.
Also put SL below the support area.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on SHIB and don`t forget to comment what you think. ✌
$SHIBUSDT Sky High!!!WYCKOFF RE-ACCUMULATION
Re-accumulation after shakeout
BULLISH PENNANT
Shiba Inu Coin Price & Market Data
Shiba Inu price today is $0.000031153597 with a 24-hour trading volume of $6,947,766,198. SHIB price is up 16.0% in the last 24 hours. It has a circulating supply of 500 Trillion SHIB coins and a total supply of 1 Quadrillion. If you are looking to buy or sell Shiba Inu, Binance is currently the most active exchange.
What is Shiba Inu token?
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 $0.0000379, that is a 140,000 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 is the Shiba Inu community working on right now?
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.
Shiba Inu coin in 2021
Right now in 2021, Shiba Inu coin has captured mainstream attention as a meme coin. On May 11th, 2021, the cryptocurrency reached an all-time-high price of $0.000035. That was a +62,500,000% increase from when it was launched in August 2020.
While Shiba Inu is growing at a much faster rate than Dogecoin, it is also much more volatile than the longer running meme coin.
SHIBUSD looking for another quick leg upHey folks I been monitoring the SHIBUSD chart and it looks like its ready for another push up.
- Bullish RSI & MACD
- Ascending triangle forming
- Gonna test this supply zone (if it breaks I think even more growth is to come)
Don't be scared to take profits. Happy Trading!
- Stefan, Owner of A-Stock Trading