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Shibarmy

The second biggest drop of Shiba Inu !We gonna float several times over the Gold support line , when we touched we will go up (for sure) but i don't know if we manage to break 5372 after getting a resistance on that line ! Our first goal is to break 6289 and after seeking after the ATH (all time high) Everything is possible ! (we can go little bit down of the gold support but we will manage to break it ) Please Follow and Comment your favourite coin and i will do my research about it
by MalouTrading
SHIB Shiba Inu - 4H UpdateToday I am charting Shiba Inu (SHIB) on a 4H linear chart. The current price is back inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: There is a multi-day bearish divergence and the price has broken down. Concern: Ichimoku Cloud resistance above. In the red ovals I show where the price may be supported at the 0.236-0.382 fib level, which is a major drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. 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 #bitcoin #altcoin
Short
by MillionaireEconomics
10
SHIBA keeps mimicking DOGE !! It's even dipping the sameLet's be real, DOGE and SHIBA are shitcoins, but they're fun, especially when you notice that they move pretty much the same over time. In orange is DOGE, as you can see the similarity is huge, even more if you consider they are two shitcoins driven by a dog and some muskpump. So what do you see ? Yep, seems like it's about to go doooown if we break the 4245 mark. Of course, as always, SHIBA won't follow charts but if it naturally follows the DOGE fate, then I would say it is really likely gonna go down a lot more. It could also stabilise at the 4900 mark but that will require momentum to be built between 4245-4900.
Short
by innocentBearWantingBull
1
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart. The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021. Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down. In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. 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 #bitcoin #altcoin
by MillionaireEconomics
3
SHIBA INU - Can Dogs Fly? 🐾🦴🛩️Shiba Inu (SHIBUSD) is an Ethereum-based altcoin (a cryptocurrency other than Bitcoin) that features the Shiba Inu—a Japanese breed of hunting dog—as its mascot. Shiba Inu is widely considered to be an alternative to Dogecoin; in fact, proponents of Shiba Inu tout it as "the Dogecoin killer." Similar to Dogecoin and meme stocks such as GameStop, Shiba Inu's returns are primarily due to its community of retail investors. These investors have artificially inflated Shiba Inu's price by investing heavily, only to sell once the price peaks. In our eyes: 👉🏻SHIBA INU is Ethereum's loyal dog. The biggest burner 👉🏻 SHIBA INU is a meme, the hype, the trend. It will be Crypto's Hot item this Xmas season 👉🏻SHIBA INU is established in top-20 (currently number 11 crypto) 👉🏻SHIBA INU has a strong and loyal community. Even here in the small island of Cyprus people keep posting about the Shiba Inu 'Family' and 'Army' It all sound a bit crazy but there is nothing wrong with Hype. Let's remember to take profits at the right time (that's most likely later on between December 25 and End of January 2022) because 👉🏻SHIBA INU reminds me of XRP in 2017..... One Love, the FXPROFESSOR 👉🏻SHIBA INU will be hot but my heart belongs to SHIBA LEASH (limited supply). I have invested in that one.
Long
by FX_Professor
12
Shib: Bullish on DailyHello all! Here are some of my personal reasons why I believe $Shib is still bullish in my eyes on the Daily timeframe: 1) Hidden MACD Divergence, price has made a higher low from the end of October to today, while the MACD has shown a Negative-Positive-Negative pattern, indicating to me that it is a bullish divergence. 2) Oversold on the Stochastic RSI, we have been oversold for quite sometime. As you can see from the chart, we have experienced an oversold condition every time before the next 'pump', so I believe this to be a bullish indicator. 3) Retracement to the 62% Fib level from the consolidation level formed back in late October, I believe this is a healthy support level (as it has been tested three times already), so I believe this to be a nice area to buy. 4) Volume has been flattening and consolidating for quite a while. Like the Stoch RSI, the volume has has history of flattening before the last two bull runs, so I believe this to be a bullish indicator as well. Thank you for your time, and best of luck to anyone trading!
Long
by coltondw14