$SHIBUSDT Going to the Moon!$ETH.X Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
$SHIB.X already powers its own decentralized exchange (DEX) and its team plans to launch a dedicated Ethereum scalability newtwork...
So yes $SHIB.X can hit PT 100
Shibatoken
Shib Usdt | SHIBA detailed Technical AnalysisAccording to the correction levels of the first waves, formation or pattern usually reveals.
When we look at the first wave, it is seen that it returns from 0.618. In this case, if we draw a scenario over Elliot Wave, it is seen that the current HH exceeds 1.618. In this case, we can expect another correction wave from here.
If we go over the patterns and formations that may occur because there was no previous supply zone at these prices, we can interpret the Harmonic Pattern B leg as 0.786 at most. We can think that the correction can occur up to a maximum of 0.786. But in order for it to extend up to 0.786, the volume of the shib must fall to an extern level. I don't think that can happen.
For this to be possible, btc must experience a rapid decline below 50K. However, this may be possible. Or the current price should increase a little more to 00068 and the price should return from there.
When we look at the indicator data to see if this is possible, I think it is not very possible. Rsi is currently at 87 when measuring. It can go up to 100, this is possible. In this case, it can come to the level I said in price. According to the money flow indicator data, they are still at a level that will allow for an increase. My example Cmf lasts up to 0.50. It always exploded after 0, 40. Considering that it is now at 0.19, there is no problem in its rise in terms of CMF.
However, this does not seem possible in terms of Trend indicators. ADX Momentum and Aroon are almost at the final level they can be right now. I don't know if it will go any further. Frankly, there is no historical data for other commodities that I remember about how far they can go. I don't know if there is. Generally, adx 40 returns when other indicators support around 50. Currently at level 66. In other words, if we evaluate the trend with trend indicators, the Elliot 3rd wave trend should turn and the 4th wave should be happening now.
Based on all these, I will dwell on the possibility that the limits of the price retracement may be at a level between 0.382 and 0.5.
This measurement is the image that supports our Elliot idea;
A correction at 0.618 followed by 1.618 has been surpassed. But the thing is, 1, the correction length of the wave is too much as you can see. In this case, we can theoretically expect the correction of wave 3 to be shorter or less than half the distance of 1 and 2.
When we make a data-independent graphical measurement, considering that the 1st wave is 170px long and the 2nd correction may be in half of this, this corresponds to the fib 0.382 levels.
Now, when we want to re-measure the correction as a harmonic pattern, waves 2 - 3 - 4 and 5 can reveal a harmonic pattern for us. When we measure this by constructing it, we can estimate the price levels on average.
The most common bat and crab patterns with 0.382 . When we make an evaluation and simulation on these two, we come across pullback price levels between 1.618 and 2.618
Even if prices were to retrecament to 2.618, it would not be possible without encountering resistance at 1.618. In this case, 1.618 can be considered as a new entry position and considered as a six-stop or partial buy.
The length of these patterns can get longer or shorter depending on the current BTC movement. The point to note here is the price movements of btc.
If all of our assumptions are supported by price movements, the Elliot 5-A-B-C triad will reveal a new harmonic pattern and start a new trend. When C is reached, the indicator values will be rested enough to remove a new trend.
p.s NOTE: This is not investment advice.
SHIBA INU - Dont Fall For The FUD Analysis:
- Fibonacci Retracement
- Support & Resistance
- Liquidity Point Analysis
- Supply & Demand
ATH: All Time High
B: Buy Zone
$: Support Line / Beginning of Next Bull Run
:( = FUD & :) = HAPPY HOLIDAYS
Inflection Point: $0.00001819
Opinion:
Have no fear the FUD police is here!
Haha all jokes aside lets focus on whats really going on
The incoming correction has NOTHING to do with SHIBA INU and everything to do with BTC
Thanks to BTC dominance because BTC is going to correct it will drag down alts with it
Elon's tweet was NOT the reason SHIBA pulled back but the EXCUSE
They always need a SCAPEGOAT and people fall for it every time!
Those who bought correctly during the consolidation should WELCOME this dip
If you are a LONG TERM HODLER then you should want CHEAPER prices to BUY MORE
In the financial markets traders and investors need to understand something and that is
When you have improving fundamentals and price drops that is a valuable discount buying opportunity
CONTROL THE EMOTIONS in the next few days as we end the month and start Nov
Do NOT worry as we will have a very HAPPY HOLIDAY SEASON and there will be much PROFITS
SHIBARMY STRONG
SHIBA INU - SHIB - Last chance to get on before take off???Wedge showing 0.00003 is barrier, once breached, I can't see us coming back but the charts will tell. If we don't break out, we break down.
Ignore the market cap on this on. Hopefully the burn can remove another zero. Post burn? 0.0003 is the next target! That's a 10x Robinghood listing will push it there on momo.
I'm on charts and fundamentals on this one. I trust a guy who land rockets. I've got a serious amount of money on this pony.... ughh.. i mean dog.... LOL
Enjoy the ride and on a coin like Shiba Inu
The beauty on this trade is that it's NOT a shitcoin! Imagine! It could be clear #3 winner by end of 2021. And #1 winner for 2021?
It's a true community, non-profit project with a lot of eyes on it. It's Bitcoin without the baggage and with a smile!
github.com
Read the WOOF (whitepaper) on this. Migration all my other shitcoins over to SHIB because SHIB is #3 coin just after BTC and ETH. With those three, you have pretty much a good set of coins in your digital wallet!
Enjoy and do good with your fortunes.
$SHIB.X all time highs coming with more momentumWow look at that $SHIB Volume Point of Control (yellow line) around *.*46 and that MACD. So many bullish signals I can't put on one chart alone...
Shiba Inu Network Activity Soars; SHIB Bulls Hunt Higher Support
Shiba Inu fails to return to $0.000045 but is holding above $0.00004.
The number of new and activity addresses on the SHIB network spikes is a bullish signal.
Since the weekend session, Shiba Inu has been a top for discussion in the cryptocurrency space, especially on social channels like Twitter. The meme-based coin enjoys massive support from the vibrant community, who want nothing but to see it hitting hundreds of percentages in gains every week.
Shiba Inu nearly hit $0.000045 during the weekend rally, outpacing its older ‘cousin’ Dogecoin. Despite Elon Musk sticking with DOGE and calling it the currency of the people, SHIB kept the uptrend intact. The Tesla billionaire also clarified that he did not own any SHIB tokens and the only crypto assets he currently holds are Bitcoin, Ethereum, and his favorite DOGE.
Shiba Inu Seeks Higher Support To Keep The Uptrend On Track
Following the massive upswing to areas very close to $0.000045, Shiba Inu retreated and secured support at $0.000035. An immediate reflex recoil occurred, sending the Dogecoin spinoff above $0.00004.
Nonetheless, Shiba Inu is yet to close the distance at $0.000045 but trading at $0.000041 at writing. Support at $0.00004 is expected to come in handy and aid the bulls in stopping the potential pullback to $0.000035.
Meanwhile, the MACD shows that buyers still have the upper hand, especially with the momentum following tool far above the mean line. A buy signal has also been sustained. If this technical picture remains unchanged, I expect Shiba Inu to gain traction above $0.000045 gradually.
It is worth mentioning that overbought conditions contributed to the pulldown of the token, as the retreating RSI. As the index drops from the overbought area, the odds favor the bears, resulting in a more extensive correction.
The token’s network activity has been on an upward roll based on on-chain data by IntoTheBlock. Realize the number of new addresses created on the Shiba Inu protocol recently spiked to roughly 29,000 while the number of active addresses per day shot up to 57,000.
This increase in network activity is a bullish signal. It shows that buyers have the potential to sustain the uptrend, at least for the near term.
SHIB Shiba Inu Consolidation AreaAs you can see in this chart, my price target at 0.00000750 was 0.00003500.
Once the price was hit, a consolidation area at 2000` followed before the next pump.
What i see right now is another consolidation area that SHIB needs to make in order to compete with DOGE`s market cap!
Shiba, might form another bullish pennant.Shiba, we just reach the ATH as we aimed for. It broke on the bullish pennant. Right now, it might form another bullish pennant.
$SHIBA so much more to go...100XBeen on $SHIBA for a while now, and it's a darling! Never disappoints. With so much more room to grow and still going strong when the other coins are going down. Buy the dip and always do your DD! We have at least another 2-3 days with major pumps, just look at the last time around. It will beat DOGE very very soon. Best of luck!!!
Shiba Inu to Consolidate and Keep GoingThis is not financial advice, but my fundamental analysis of this coin has shown that it truly has the gas to outlast and outperform DOGE coin's growth and use potential. With recent comments about Shib from Robinhood's CEO, many are left wondering which DEX will list SHIBA INU next, and whether or not SHIB will in fact become Robinhood's 8th Crypto holding option. With Elon Musk tweeting about Shiba Inu just a few weeks back, momentum is still building, and Shiba INU may just be getting started.
-Additional burns incoming from Shib as well...
SHIBA INU Reverse H&S on HourlyShiba Inu coin has continued down the projected and expected corridor forming what appears to be a massive bull flag. If we look inside; however, we can also see that a Reverse H&S pattern may be emerging signaling a mark up in price is likely.
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?
SHIB SHIBUSDT LONG Stop loss levels mentionedSHIBUSDT is moving exceptionally we can attempt to still ride the trend with stop losses. As it is making higher highs and higher lows and continuing its bullish trend. stop losses level are on higher lows
Entry at current level
Stop Loss 1 = 0.00003463
Stop Loss 2 = 0.00003204