SHIB: Channel Down BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Bullish Breakout from trading in a Channel Down pattern and above 200-day MA could signal trend reversal with upside potential to $0.000012 or even $0.000015 resistance.
Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.
Shibainu
Shibusdt | Breakout & Retest Shibusdt
Falling wedge pattern breakout and retest have already been confirmed.
I believe that buyers will fight over this support and push the price towards the upper resistance.
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SHIB/USDT BROKEOUT!! 40% PUMP FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SHIB/USDT trade setup.
SHIB looks good here. Breaks out from the falling wedge-like structure. Expecting a 30-40% Pump from here. Long some here and add more in the dip.
Target1:- $0.01160
Target2:- $0.01250
Target3:- $0.01360
Target4:- $0.01510
SL:- $0.01010
Use low leverage:- 5x-6x
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$BTC update along with a couple of altcoin set ups as a bonus :)Yo BloodGang!
Thank you for joining me again today, this video should give you an idea of where we are at and what we are to expect covering all cases regarding $BTC. I did also add a couple of altcoins that i am looking at right now for possible entries as a little bonus, please note i do not own these just yet so take your time if they are of interest to you also :)
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ArmanShabanTrading |🟢 BITCOIN : CPI's effect on $BTCAs you can see, the price has entered the support level that was mentioned in last week's TA and has already shown a positive reaction, we have to see with the announcement of the CPI today whether the price will manage to maintain this IS or not, other assumptions of the previous analysis It is still valid! (Current support level: $20,400 to $21,680) ! Resistances or Bullish targets, respectively : $22620, $23500, $24260, $25260 !
The Last TA :
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👤 Arman Shaban : @ArmanShabanTrading
📅 02.14.2023
⚠️(DYOR)
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SHIB: Channel DownShiba Inu (SHIB) technical analysis:
Trade setup : Trading in a Channel Down pattern. Wait for a breakout. Bullish breakout above 200-day MA and channel’s resistance trendline could signal trend reversal. Price needs to regain that 200-day MA and $0.000012 levels to resume Uptrend.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.
Shib/usdtThe most successful meme coin of the crypto market (personal opinion) has experienced a large price drop in a long period of time and has driven even the most fanatical fans to the edge of despair, but the good news is that the bearish channel of this funny dog has been broken and a pullback has been made to its ceiling Is done. If the bulls take control of the market and the Shiba whales are satiated, the indicated targets will be available with a break of the static resistance area (horizontal red line).
Compliance with the loss limit is mandatory.
ps: DYOR
SHIB SHIBA INU LONG :) Based on what I see in this chart, I would not be surprised to see SHIB-USD to retake 1150's range within the next 10 days, and then from there, barring any major regulation/fud/news, continue a multi-week climb to retest 1400's. I will be personally adding to SHIB here anywhere south of 1200 for the next 2 weeks.
Anyone interested in SHIBA? Buy here.Long-term SHIBA analysis. Do with this what ever you want. This coin may be dead and maybe it will never ever go up. BUT if you want to buy it this is the best zone to do so. Never buy the hype that paid "influencers" are selling.
I will always be here to tell you "I told you so."
SHIBUSDT bouncing off of weekly support to daily resistanceThe weekly support is defending the price very well. The first dip to this support produced a strong bounce and then price retraced to this support again and again and every time the price has bounced from this support. This suggests that the price may aim for the daily resistance from here.
Shiba Inu SHIB Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My SHIB Shiba Inu Price Targets:
SHIB/USDT shot
Entry Range: $0.00001000 - 0.00001100
Price Target 1: $0.00000950
Price Target 2: $0.00000870
Price Target 3: $0.00000800
Stop Loss: $0.00001250
SHIBUSDTAs you can see, we have a great downward trendline. Soon this trendline will break, but I think we will have a fake break before that.
So, if there is a Break, it is better to enter the trade with confirmation. In my opinion, if a Break happens, it will be a fake and we will soon return to the lower support.
Can DOGEUSD deliver another 3000%?looking at the log chart of past fractals we could be about to see a nice final wave 5 push up.
if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more)
for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has consolidated above whilst the rsi has had time to 'cool' down ready for another run.
also the nearing fib circle could act as a form of resistance when the doge tries to move and strangely signals March '22 as a full moon or full reversal timezone (pending how price reacts to the fib circle when next challenged)
talking fib circles the upper circle pushes the potential upside beyond 3000% / $6