SHIBA INU PredictionsG'day, Guys. How are you guys weekend?
Today we going to analyse SHIBA INU (Top 3 search in Google)
Generally, SHIBA INU is currently at a tight consolidations process. We see a strong support level at a 0.000062 price tag. This strong indication of investors waiting for an upside to break out.
Based on FIB retracement current support located at 50% FIB, it shows market structure correction completed. We might see a breakout very soon.
Let's see what gonna happen next. "Dance with the Markets"
Cheers
Shibaforecast
SHIBA - THE NEXT 2-3 WEEKS Hey guys. This IDEA is based off of some recurring patterns I see on the charts using Fibonacci Levels.
Notice after the initial breakout, SHIB usually settles above the 0.618 line before continuation to the upside. Then it forms a short term top around the 3.618 level.
I DO believe a similar situation is happening again and I DO think SHIB has hit a SHORT TERM top. (It may continue upwards in as little as a week or two)
The IMPORTANT THING to watch IF SHIBA DOES PULL BACK is if SHIB can hold itself at or above that 0.5-0.618 GREEN SUPPORT AREA on the chart! That is what will give us the go-ahead to continue higher...
The potential upside target on the chart right now is based off of similar fib levels but zoomed out a bit first. I will be able to more accurately predict targets as time passes and we get some more data.
Until then stay tuned... WATCH THE CURRENT LEVELS for resistance as I DONT THINK we are going higher BEFORE a pullback!
IF THE RED RESISTANCE LINE GETS BROKEN by MORE THAN JUST A WICK then this IDEA is Invalidated and we'll re-evaluate.
I will post updates here as needed or as things change. If I don't post an update, The situation is likely the same or I've been busy. If you'd like an update for any charts just leave a comment and I will hopefully be able to provide al least a short update in the same chart description... If situations change beyond that I WILL LIKELY publish a whole new chart al together.
Hope everyone is doing well. The markets are volatile right now so CAUTION traders and leverage users
****This is NOT financial advice. This is just an IDEA based off my experience analyzing charts and studying crypto. I recommend researching cryptocurrency because of the potential for you to become A BELIEVER of this technology and its future (FUNDAMENTALS ARE WHAT MAKE OR BREAK CRYPTO) IF YOU HAVE THIS, INVESTING BECOMES MUCH EASIER!***
Also I've left a link to my latest BTC analysis below, as much of the market usually follows BTC's lead.
SHIBUSDT 4H. NO Stopping SHIBA INU Now 🚀 Simple Analysis on SHIBA purely technical. I am not looking into fundamentals right now. Shiba Inu, the token tagged doge killer is on the move , risen from the dead and it's strong at the moment.
Huge Buy/Sell heat map as seen around the 0.00002039 - 29 price action area. The sell pressure push it down nearly 50%, it bounced, and made Higher Low which is positive for the bulls. Though failed to make Higher High due to resistance area buy sellers.
There seems to be some fundamentals driving this parabolic move, momentum is still strong . Huge support at 0.0000022 price level , which may prevent seeing SHIBA price slip below here for a while , except BTC crashes altcoins generally.
As long we don't break the trendline down, we are good for another parabolic move to break the top resistance.
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Shibainu is going to reach 0.0000275 in nearest timqShibainu is very well located for long positions. I open a long position with the first target at 0.0000275. Bitcoin is gaining momentum and I think its growth will continue, at such moments the wave rolls up for promising altcoins. Shibainu will grow in the near future.
SHIBA INU PredictionsG, day Trader.
Let's follow up on our previous prediction of this altcoin (SHIBA INU). After a recent almost 300% upside move, its completed 50% fib retracement / corrections.
And stabilize on consolidations area (swap zone). Based on my personal experience this is due to the expansion waiting game for the next move, the longer price staying in this area the bigger move gonna happen. Just compare with previous sideway for 5months before moving 300% upside move.
This might not suitable for day traders, but if you looking for long term investment return this is your opportunity to stake up your bag.
Let's see what gonna happen next. Cheers.
Shiba - trend line break up pattern. I personally trade it IF...Shiba - trend line break up the pattern. I personally trade it IF bear trap happens before break up.
✅SHiba hit 1st goal yesterday. What should we do the next...✅SHiba hit 1st goal yesterday. What should we do the next...
Shiba, took SL of greed bulls. Best entry ideas ...Shiba, took Sl of greed bulls. Best entry ideas ...
I will trade it
SHIBA INU PredictionsG'day, Guys. Its Monday
Today I am gonna touch on a newly listed cryptocurrency called SHIBA INU.
SHIBA Inu started with Meme Coin (Joke Coin most of the Crypto Trader). Personally, as been in the financial market for over 16years, I see huge potential next few years. Technically, this pair has complete the first leg of correction at 50% fib retracement and started to move forward to the next target for ATH (ALL time High).
With a combination of technical and fundamental data that I personally dig up, this pair currently trending on Twitter was been discussed and most media and financial magazines. I predicted coming the next few months we might see a penny ($0.01).
Let's see what gonna happens next. "DANCE with The Market" Cheers
