Shibarmy
SHIB Breakout of Falling WedgeNice breakout of the falling wedge by SHIB. If you switch to the 15m chart you'll see a clearer picture of another bull flag formation at the breakout. A lot of consolidation opportunities for people to buy. I'm liking the prospects going into the New Year. Remember, only invest what you're comfortable losing. This is a high risk, high reward trade. Stay safe and hope everyone has had a good holiday.
SHIBA INU Trend AnalysisBefore 27th December, Shiba will reach the 0.000046 mark and after the Christmas session. It will drop to 0.000030 and will oscillate between 0.000030 and 0.000045 until Robinhood listed Shib. The most possible thing is Shib runs sideways in the 1st quarter in 2022. 000030 to 0.000035 is a good price range for long-term Shib investments.
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 !
SHIBA | Wedge Upside Breakout expected..!!
#SHIBA (Update)
Since 27th OCT Swing High, Shiba has been Consolidating in Falling Wedge Pattern..
Volume has been Continuously Descending From last 2 Months.
Now, Bulls Looking Strong & Expecting Massive Breakout But Still Bulls Need Strong Volume for it.
In case of Wedge Upside Breakout, Midterm Target Would be 0.000070 (2x ROI From Here)
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Shiba Inu Fib Retracement Key Levels of Resistance From the 60 percent fall we have had from institutional buyers who took advantage of the purchasing power of the Shib Army. We have finally fallen back to solid consolidation ! yay
Every time shib has shown solid consolidation it has proven to go for it's next bull run and each have proven to be even stronger than the last besides the first wave more a less on theory
that most buyers where hoping to get rich quick than actual community members. But the majority of shib is still in good hands and the dev teams are working hard to bring needed updates to the project in the short amount
of time they have had. In the chart i was wanted to simply show my viewpoint on what the community and bulls need to achieve to enable renewed confidence in shib army.
We start at the first levels of major resistance 3550 if shib was to able to reach this price point it passes the 100 day moving average and if holds above 3350 is in target for next level of resistance at
3850 here we move pass the 200 day moving average next is 4462 which once we pass we approach the last levels of resistance at 5000 and 5550 if we are able to hold and consolidate in that area then hopefully this is will the anchor for the next bull run taking out a possible zero to reach the target of 1200 minus 0. These are my thoughts i will always hold a long and accumulate position on this work of art of a token and it's system hope you enjoyed my
analysis and any feedback is appreciated.
Shiba Inu Bull Flag Breakout soon?We all remember what happened here the last time..
If your new here you probably wont remember because we did it on my other trading account but i have several followers here from my previous account that they know very well... Either this chart makes you happy because you traded it with me last time and made a fortune.. Or it triggers & upsets you because you didn't believe in my analysis and told the story was done & over.
Today History is repeating, knowing Shiba hasn't done anything in the last month but going sideways, we have this great bull pattern about to do some serious move
We expect some good catalyst so the price can spike up again but wat gets my attention here is this:
Nov 2: 880,359 total $SHIB holders
Dec 16:1,066,221 total $SHIB holders 176,862 new SHIB holders in 45 days
That’s an average of +3900 new $SHIB holders each day!
and not only that, there are multiple big stores like Nordstrom that they now accept Shiba and Visa so far Shiba inu is growing more and more every day.
we just need one more strong catalyst to make the price explode and we know is Robothood
So to wrap this up, Whatever happens in the next days note we are in the same situation as the last daily bull flag...
no news no nothing and then the price just exploded like never before ! hoping this time will do the same thing.
-Mike
SHIBA INU (SHIB) at critical support! Will we moon from here? SHIB/USDT is sitting at the 100 MA after forming a long descending channel (bull flag on the weekly). There is major bullish divergence between the price and RSI and the market has already showcased its support on the S1 pivot when $SHIB wicked to exactly that level on December 4. I would still set an SL at 0.0000275. Short term PT at 0.000053 and 0.00007.