Shibalong
SHIBA - Ready to get back in track? The long deep has finished.Those who hold SHIBA know that it has been a bit painful for us the last few weeks.
It doesn't matter because it seems to stop dropping finally, and it is getting ready to strike back upwards.
MACD - SHOWS BULLISH SIGNALS
RSI - BOUNCED BACK, AND THE UPWARD CHANEL IS BACK
SHIBA 4H CHART NEAR FUTURE PREDICTIONSTechnical Analysis Summary
SHIB/USDT
TREND ANALYSIS
We have 1 downtrend which is currently active in red
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
SHIB (Almost) Ready to Breakout to New ATHThis is not financial advice, but simply technical analysis with some DD.
Shiba Inu Token is about to break out.
1. Volume is increasing
2. Has respected trendlines acting as support (green)
3. Resistance at .000056 appears to soon be broken (need more volume, but slowly rising).
4. MACD on the 4 hour chart is almost positive since the last leg up. It goes back and forth. If it can hold positive for the next hour, volume should start to come in from technical traders sending it higher.
5. RSI is turning bullish
6. Healthy Fib levels in a load up zone.
7. Patterns on many timeframes are starting to form - 1 day TF is starting to look upwards.
8. Well known bull flag pattern with potential catalysts coming (new brokerages adding Shibinu recently).
I would expect to see this make it's way up to the .0001+ mark from now until Wednesday (11/17/21). I would hope it goes and reaches .00012 and then we'll come back down to around 0.00007 and consolidate if the pattern continues. Lot's of holders right around this price and more to come in as we rise (fomo). We'll start to see an unload with technical swing traders exiting, and new(er) traders reacting to FUD. Long term holders will help ensure support is held at higher levels (hopefully). If there are larger catalysts such as Shibarium (blockchain under development) updates, we could see this hit the .00018+ mark during this next run.
Good luck everyone!
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.
SHIB INU the WhaleAs you can see in the chart the price of SHIBA INU RIses only when there was a large volume in the coin but currently coin doesn't have the volume its continuously testing moving average and failing from that, it needs to break that with a volume than the next target we can set by using FIB retracement levels.
SHIBAUSDT - Enjoy 🚀🚀🚀So, SHIBA have small difficulte situation, because new he need to tach 4500 and next we will see this suppot zone will working agane or not, but also it's possible to market grow up and also shiba grow up, I think now it's not a best time for a holding, it better if people which want to working this coin, use scalping strategy.
Bullish on Shiba | 500%-1000% Potential UpsideFor the past couple of days, Shiba saw heavy sell pressure by whales in the attempt to buy back in at a lower price, to shake out late retail, and to liquidate over-leverage traders.
Over the past 12-24 hours, the bulls came back in full force re-obtaining bias + sentiment and bouncing precisely off the 4-hourly 200DEA.
Most importantly, price action is looking extremely bullish right now.
Since the crash of over 50%, I have accumulated over $5m worth of Shiba. I have been in Shiba since week 1 of its release. I have sold a lot of my stack as I paper-handed in the early days, but quickly realized I was massively mistaken. Since about 6 months ago I have been buying and accumulating Shiba and never once sold since.
I am projecting Shiba to 10x by the end of this year. Usually, Shiba would 10x over a couple of days, but I think this time it may take about a month to come to fruition.
A 10x from here would mean Shiba's market cap would be $302.5 billion making it the third-largest crypto in the world. I am confident Shiba has the potential to not only reach this level but also become the first meme coin to surpass $1t MCAP by the end of this bull cycle early next year.
The reason why I think Shiba can surpass $1t MCAP is because of its community. Social tokens are on a rapid rise and Shiba is a golden example of that. You may have coins with more utility, but as investors in crypto, utility only matters if you're investing for decades+. You want to weed out the scams and find coins that have a spectacular marketing team + plan.
Best of luck to all Shiba holders!
$0.01 coming soon.
Best,
Matthew Park
Shiba Inu! Excaltly what I predicted. Shiba Inu! Exactly what I predicted! LOL! It was on a bullish pennant and reached the ATH. Now will it break the Resistance to the upside? Or we will a see a double top and or a correction?