Shibainu
Shiba Inu: AB=CD Bullish BAMM Continuation off the 200 Week SMAShib after an initial rally off the PCZ of the two Harmonics to the left has pulled back towards the 200 Week SMA and Briefly Consolidated this level also happens to align with the 1.618 and 0.786 Confluence zones. The MACD will see be crossing into the green and if it does we can see this atleast go for an AB=CD Continuation Move from here but i think it's likely it moves well beyond just the AB=CD move and atleast goes to the 2310 Area ust based on the structure and the Macro Logscale Gartley on the left.
SHIB: Approaching ResistanceShiba Inu (SHIB) technical analysis:
Trade setup : Following a bearish breakout from Descending Triangle price dipped below 200-day moving average. Trends are mixed now. Price needs to regain that 200-day MA and $0.000012 levels to resume Uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.
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Looks like shib bounced off of a known flipped area.
Just as long as it continues barking... I mean breaking these levels and flipping them to support could keep climbing.
Next level coming up is 1165.
Could reject of course so would wait for it to pop up and find support on this or one of the other levels, on the bull side.
Cheers!
✴️ Shiba Inu Next Target Mapped Series ($0.2397 Next)We looked at Shiba Inu recently mentioning the potential end of the correction... This wasn't so, let's see what happened.
The first bounce, 8-Mar., was fake.
Now we have another bounce, how do we know if this one isn't also fake?
8-March there was no volume and thus prices continued lower and hit the 0.786 Fib support.
Two days of consolidation followed and 13-Mar. we get really high volume on the way up, that's the confirmation.
This can be the real deal, the real bounce/support found because buyers did show up.
Initially we had the bullish signals but there was no volume support.
The next potential target for Shiba Inu (SHIBUSDT) sits around 0.00002250 for a nice 100%+.
Higher lows lead to higher highs and the December 2022 low is the invalidation point.
This is the last one for today.
Thank you for reading.
See you on the next round.
Namaste.
Shiba inu 1000SHIBUSDT Retest or dead bounceAfter a long period of Bearish momentum
Shiba inu started showing bullish move that might seems to be a correction
But lets see if Price will aim for both Buy Side Liquidity or just FAILED SWING
Remember this is not A FANANCIAL ADVICE OR TRADE SIGNAL
SHIB IS STILL A MM COIN
But ho dont love puppies
BINANCE:1000SHIBUSDTPERP
Thx for every sec and time you click oN the ROCKET SCIENCE lol Thx for each BOOST
SHIBA ready to gain 🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
beside
we expect to see gain and pump from here ✔️
and even
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Shiba Inu SHIB Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Shiba Inu SHIB are:
SHIB/USDT shot
Entry Range: $0.00001300 - 0.00001360
Price Target 1: $0.00001220
Price Target 2: $0.00001140
Price Target 3: $0.00001050
Stop Loss: $0.00001580
SHIBA INU price is preparing something interesting soonTwo months ago, we presented you with the "Adam and Eve" pattern, which is now in the process of being developed.
Since the publication of the previous idea, the price of SHIBUSDT has shown +75-80% growth and is now in the process of correction.
However, the SHIB price is once again reaching a balanced buy zone. And looking at the chart, you can see that buyers are trying to slow down the price drop.
Therefore, for the next few days/weeks, we can try to place buy orders for SHIBUSDT in the range of $0.00000984 - 0.00001044
The medium-term growth target is also +75-80%, that is, in the range of $0.00001710 - 0.00001880
The long-term target for the development of the Adam and Eve pattern is unchanged - in the region of $0.00003500
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✴️ Shiba Inu Correction Likely EndingWe have a nice full green candle yesterday that pushed SHIBUSDT right back above EMA100.
The correction is likely ending.
In early February SHIBUSDT hit its highest level since August 2022, what followed was a correction which is normal after strong growth.
Recently the 0.618 Fib. retracement level has been tested and a strong reaction took place.
Notice the falling wedge pattern in gray.
This is early but get ready... The correction might be reaching its end.
Namaste.
🔥SHIB TARGETS ARE HIGHER BY AT LEAST 20%!🔥 Hi friends! Shiba Inu made a pullback with other altcoins and Bitcoin. The news about Silvergate bankruptcy made a bad influence on the whole market.
They failed to file their annual report, citing a regulatory investigation - they are likely insolvent and have already lost most of their partners (Coinbase, Paxos, etc.).
It gives a chance to open a nice long, but we need more positive preconditions which I mention in my trading plan.
📊 TRADING PLAN FOR SHIB:
🔥 false breakout of the local low ($0.0109) and return the price above this level
🔥 volume growth is already happening, so it's a good reversal sign
🔥 bullish BTC
🚩 Friends, I use DOM and Footrpint scalping tools to track where the big guys sell and buy coins. If I will see that big guys buy SHIB during the false breakout, I will open my long with a short sl. These are very useful indicators.
✅ MY TARGETS FOR SHIB:
1. $0.0119-0.0125 - the value area and huge resistance (book 40-50% of profit here)
2. $0.014 - the key level
3. $0.0158 - the key level and local highs
What is your thoughts about BTC and altcoin? Will it go down or up? Write in the comments! I want to know the mood of my dear followers!
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.