Shibainucoin
Shiba Play AgainShiba made a quick rush and i hope u took ur profits from my last analysis.
so now that you are rich :P, you can gamble a bit more but you do not want to buy a retracement.
Don't forget also that MEME's Tokens are for fun, there's not Tech behind, so Take it easy and play Wisely if u don't want REKT.
- will post in comments my older Shiba Analyses
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Trading Plan
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- Now : Nothing to buy
- Buy : 5300 ish
- Rebuy : 3500 ish
- TP : 10000+
- Your Stop should be just under the last accumulation : 2700 ish
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Stay Safe!
Happy Tr4Ding !
SHIB: Doing some good movements!Hey guys, this is Julie 😄
Let’s talk about SHIBA INU today:
SHIB is in an important region today, it has just reached the 21 EMA on the daily and weekly chart, which means that something good might happen soon.
SHIB has been falling since October, but it seems to have only been a pullback to the support level, which coincides with the 21 EMA.
On the hourly chart, we have an amazing bull trend, but I'm not sure we can trust it yet (unfortunately, I can't show the chart image).
We've seen SHIB doing this before, as you can see in that pink circle: the price closed above the 21 EMA, but the next candle formed a bear engulfing, and the price fell again.
So, because of that, I would wait to buy SHIB. It would be nice if it closes above this green line today, but I'd rather wait and see what will happen tomorrow.
And that's it for today. Thanks for reading my analysis! Please, support me with your like and subscription! 😊
Have a nice day! 😉
SHIB Shiba Inu: Staying Above The Support LineHello friends, today you can review the technical analysis on a 4H linear scale chart for Shiba Inu (SHIBUSD), a cryptocurrency.
Quick Analysis:
1) The price is supported by a multi-month trendline.
2) Recently the price broke out of a Falling Wedge Pattern and is currently moving upwards.
3) The price is headed into a heavily traded area as shown by the VPVR.
4) Volume is still low.
5) RSI (relative strength index) has room for growth. It recently completed a Double Bottom Pattern and is headed higher.
6) Please review the chart in detail as many of the analysis points are already shown on the chart.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
POTENTIAL SHIB BUY ALERT. Sold all my Shiba at .000064. ]Shib has been in a down trend for the ever since it hit its all time high but right now it is currently moving sideways and finding support at its current price. There could be a potential buy or a potential sell. Ill let you decide if Elon will ever tweet about it again. But for now just watch the support line.
SHIB Has another pump!
hey traders, there is Shiba token, we need a close above the blue line for 4H bar to get the green line (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 4H bar
DON'T ENTER BEFORE THE CLOSING!!
.
trade carefully guys and don't forget the risk management & take profits.
Play with the Dog- i never been a fan of memes coins but they are fun, i hodl some and trade some on good momentums.
- if u wanna play with Shiba i give u a simple strategy.
(i will speak with round numbers and take out useless 0.00000XXXX in my speach)
- As you can see on the graph Shiba is oscillating between 2 specifics zones (550-950)
- so the way to adapt your trades is very easy :
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- if Shiba knock down 550 Buy.
- if Shiba goes around 950 Sell and wait. (X2 profits)
- if shiba strongly pass 1000 buy more around 1100 and wait for TP1 around 2350. (X2 Profits)
- Take your profits and keep some Shib on the go to 5250.
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The worst case should be if Shiba breaks down from his consolidation and dip under 500.
Then Stop your loss at 490, leave your bag and wait.
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Happy Tr4Ding !
What's happening with Shiba and What's gonna happen ?Hi,
This is the first time I am making video for you guys so that you can have a quick look at the Shiba scenario. I have shared my thought and please trade according to your own analysis. As I shared my idea, it will be great if you guys put your idea in the comment section. Thanks for watching.
Regards,
Your Friend who did trading mistakes like you :-)
SHIB Finds Support Off Key Fibonacci 0.618 LevelAlright, In my last post I held a neutral stance because Shib approached a key a Fibonacci Retracement Level of 0.618 (or .00003798). I said that if it bounces off this level that this may signify the bottom and would be a good entry point.
Since then, it has bounced off the level with strength and came back down to test support at 0.618 retracement level. With the recent selloff of nearly everything earlier, this level held support very well and could be regarded as a key support level. I'd also consider this area a key accumulation zone and would try to accumulate anything in the .000037 - .000039 range.
Now that support is confirmed of multiple tests at that level you may look to the Fibonacci Extensions Level as likely target price levels. Most of the time, at these Fib extension levels, you can see price action momentum stalling out, consolidation, or even a reversal. So these levels are key levels to watch in the uptrend.
At the moment, I'd close any short positions and open long positions in accumulation zone near the 0.618 retracement level.
Technicals:
The Momentum indicators don't show much change on the daily due to the selloff earlier but the 8 and 12 hour ChandeMO indicator crossed the 9-day Moving Average. This is usually an indicator of positive momentum prior to a rally. This would solidify my going long stance further.
Good luck and Happy Trading.
$SHIB bullish breakouts, 100% away from ATHShiba breaking out of a descending wedge in the Higher Time Frames.
RSI trend line also breaking out, volume rising and today the team announced on twitter it reached 1M Holders and posted a teaser for something incoming.
seem bullish enough for at least a run for a new ATH.
SHIB/USD - Lower low... time to be careful! 😪SHIB’s price was in a very dangerous area yesterday when it broke below the support level at $0.000044. There was panic and despair in the market, with most SHIB holders starting to doubt their investment. Fortunately, the bulls reversed the downtrend today and got the price back into the blue triangle, which gives temporary relief, at least.
However, the bears managed to push SHIB lower, and the daily chart has made a lower low. Together with the lower highs, SHIB has been making in the past month, the chart paints a rather grim picture ahead. The trend is clearly bearish, at least for the time being. This makes the support at $0.000032 a likely target for bears before any potential reversal.
The only hope for bulls to avoid this scenario is to push SHIB’s price above the $0.000050 resistance
Trading Volume: The volume remains low, but somehow the bulls cannot stop this downtrend decisively.
RSI: The RSI is curving up on the daily timeframe, and on 4-hour it touched the oversold area before jumping up today when the bulls came back.
MACD: The daily MACD remains bearish. The only positive aspect is that the histogram has stopped making lower lows. Perhaps this is the first indication that the bulls may regain control of price in the nearby future. However, it is too early to make a call on this now.
The bias on SHIB is bearish. Unless the price moves above the resistance at $0.000050 it is very hard to be bullish.
The return of the price back into the blue triangle is a bullish signal, but it is not enough to change the bearish trend. Bulls need to step up and break the key resistance at $0.000050 if there is hope for a reversal. So long as that does not happen, SHIB can continue to decline.
Like and follow if you liked my idea!
SHIBA INU SNIPER ENTRY!!!That doggo coin price is in harmony. If you look further, it looks gonna explode. Idk.
Accordingly that green parallel channel, the price is on its top. In spite of that orange parallel channel, the price is touching its floor. Feels like the floor is LAVA. SHIBA INU is going to be Bullish.
IF YOU ARE IN SHIBA READ THIS.Read this entire passage. I am confident after reading you will be able to make better decisions as an investor and/or trader
Everyone is always like: "Ah if only I bought #doge last year, #btc in 2008"
The reason why those people will never see those type of gains is because they will always sell their entire stack too soon, but more importantly they wreck themselves up mentally. Additionally, they are always the ones who are stiffen up.
Accumulate what you can afford to lose and forget about it. Check the chart, maybe once or twice every other hour. Set your stop loss as if you were the whale.
As humans we are extremely emotional creatures, if you are checking your phone every other minute and the price is going down, consolidating for hours, or pumping and dumping back to fair daily levels, your dopamine levels are going to crash horrendously making you feel the urge to take un-necessary risks that will ultimately lead to massive failure and will ultimately leave you like Wojak.
When your dopamine levels crash it takes twice the amount of dopamine to get back to fair level, forget about break-even...
Managing your dopamine levels is extremely key to making high value investment decisions.
In particular, always look at these shitcoin investments from an objective point of view.
Always listen + ignore the "traditional" way and from this take your next step
Investing and especially trading is 90% mental, 5% technical, 5% fundamental
Best of luck,
Matthew Park