Shibausd
SHIBA INU : BULLISH TRIANGLE PATTERN | PRICE WILL EXPLODE SOON..Welcome back Traders, Investors, and Community!
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MY NOT SO MINIMALIST ANALYSIS FOR SHIBA INU$SHIBA
10.30.21
0947H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
INDICATORS INCLUDED
AN AREA OF OPPORTUNITY: 2ND SWING ACHIEVED
ZONE FOR AN ENTRY (COILING UP FOR A 3RD SWING.)
BUYERS ARE SHOWING STRONG INTEREST and SUPPORT for this LITTLE DOGGY. ;)
Wishing you all The Best Trades! I thank you for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
SHOUT-OUT to All the Cryptoverse Analysts!
Vive Le Austist! Vive Le Retailers! Vive Le Revoluzion!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE (CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
SHIBA ANALYSIS LONG RUNSHIBA has been the main stream for long time now. price making two possible scenario as a normal market should present always.
I kept my view open on how market react to technically OB and its corrections.
I will be more then happy to see Shiba crushing to my marked level to make further move up.
Or it the High gets violated then want to see a consolidation and then move up.
Lets wait for the Price to show what its doing
SHIBA to 0.01 cent or over before you know it.I believe SHIBA will be $0.01 cent or over within 48 months or less! Why? because Shiba has nothing to do with investing, but it carries the pure speculative non-logic reasons that took Doge and many other cryptos from nothing to massive gains, some with thousands percent valuation.
Now, you can believe me or not, but IMO it will happen. Shiba will gain stupid crazy valuation until a new fever comes along.
Shiba and other cryptos will rock the asset price value until the current dying financial system changes.
Reality is, central banks are printing link no tomorrow and digital assets like Shiba will do extremely well.
There is no logic, we are living in an inverted bizarre World, free your mind and ride the wave.
MY MINIMALIST ANALYSIS FOR SHIBA INU10.25.21 01615H +8 SINGAPORE
"Follow the white rabbit" by just FOLLOWING the BOXES
TURNING POINTS for SHIBA INU based on the MINIMALIST BOXES
1. The Market fails to break the TOP of a MAJOR BOX.
2. Price falls down to The next MAJOR BOX and FINDS support on its MINOR BOX.
3. The market has now corrected at a FIB 0.618 (most likely a REVERSAL.)
and on its way back UPWARDS. Having taken out a lot of FUD BUYERS along the way.
4. Be cautious for a BULL TRAP will be SET by SMART-MONEY for these KINDS of MOVEMENT, and will retrace back to the bottom of the MINOR BOX. Maybe for the 2nd and 3rd time.
Again, attracting more BUYERS at this LEVEL.
5. I expect an ABC pattern to form when it does this before REVERSING and CONTINUING a BULLISH BIAS.
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with
the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES.
Thank You for your appreciation and support (Follows, Comments, and Likes.)
DISCLAIMER:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
SHIBAUSDSHIB/USD is the new darling for the speculative world of cryptocurrency, having gained an astounding percentage change in value the past month.Speculative price range for SHIB/USD is between 0.00002355 and 0.00011100 cents.
SHIB/INU has shown a strong capacity to produce fluctuations toppling 10 percent in the blink of an eye. Current support and resistance must be monitored carefully and traders need to understand and pay attention to the orders they are placing and the fractional nature in value of Shiba Inu.
If support can be sustained following the recent mammoth gains of SHIB/INU and the 0.00006000 mark is not challenged, traders will certainly try to aim for the higher target near the 0.00007000 juncture. It is emphasized that the use of leverage is crucial with SHIB/INU and overly ambitious targets can produce violent results. SHIB/USD did reach a high of 0.00008920 approximately on the 29th of October and traders may believe the 0.00010000 is a legitimate target.
The speculative price range given above should be viewed with skepticism and note that the price changes in SHIB/USD are consistently volatile. If support levels begin to be challenged, it should be remembered that Shiba Inu was trading near 0.00000675 when October began, meaning that as SHIB/INU trades near 0.00006750 today, it has gained in math parlance 1000% of value. The use of stop loss and take profit orders when trading SHIB/USD is highly encouraged.
SHIB - BEWARE THE F.O.M.O.Hey everyone just a quick update here. I just want to say SHIB did end up getting above the 0.618 from the last chart (link below) so I DO think higher targets will be coming, HOWEVER as of now I THINK it will be around November.
I expect some sideways price action for a bit.
The red 0.618 retracement level is what you want to watch for. IF SHIB can break above that for more than a wick then we can start looking for another breakout!
Beware the FOMO and RESIST THE TEMPTATION to buy right when SHIB is at the resistance line. I highlighted 3 spots where people commonly make that mistake of buying too early.
Have some patience, and think logically, NOT emotionally.
Notice there isn't an increase in volume which is what we want to see for a breakout.
Also notice the RSI resistance... We want that to break.
FOR DOWNSIDE POSSIBILITIES watch the 0.000067-0.00006 area for support! ... If that breaks, have CAUTION and watch the 0.000055 area which is a really important level WHICH I DONT THINK will break or even be tested again but we'll see.
Hope everyone's good. Take Care
SHIBA INU/USD:PRICE ACTION IN UPTREND| PRICE WILL EXPLODE AGAINWelcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
MY NOT SO MINIMALIST CHART FOR SHIBAINU$SHIBA WITH INDICATORS (CONFIRMING TOPS OF MAJOR AND MINOR BOXES)
10.29.21
0556H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
BUYERS ATTRACTED TO MARKED ENTRY POINTS (Orange PRICE POINTS/TOPs of MINOR BOXES)
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology.
The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART.
Note: That This CHART is best used without indicators. (As we all know, they lag.)
SHIB - CAUTION! MY FELLOW SHIBIANS!Just a simple chart showing some Bearish divergence on the RSI!
If the yellow support area breaks, Things could get ugly PRETTY QUICKLY!
This is a potential 25% - 40% Drop in price... IT'S BIG!
I'm NOT SAYING it will happen, ALL IM SAYING is that the bearish divergence IS SCARY because it has the potential to push SHIB below that support!
Take it as you will. This is NOT financial advice! This is just an IDEA based off of my experience studying and trading cryptocurrencies.
As I said in a previous SHIB idea! "NOBODY LIKES SHORT OR LONG TERM BEARISH ANALYSIS (unless you SHORT the market), HOWEVER, FAILING TO RECOGNIZE IT CAN END UP COSTING YOU" "Take profits & Cut losses! Two IMPORTANT lessons I've learned as a trader"
Take Care.
SHIBA INU / USD LONG VIEW PROJECTION | VOLUME IS GROWING FAST..Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
Support and Resistance Analysis for SHIBUSDSupport and resistance study with fibonacci retracement on Shiba/USD chart. The Shiba/USD parity seems to have reached the values that need attention. Careful buying or selling decisions should be made in these pricing.
It is information sharing, not investment advice.
Good luck to everyone.
SHIBA - THE NEXT 2-3 WEEKS Hey guys. This IDEA is based off of some recurring patterns I see on the charts using Fibonacci Levels.
Notice after the initial breakout, SHIB usually settles above the 0.618 line before continuation to the upside. Then it forms a short term top around the 3.618 level.
I DO believe a similar situation is happening again and I DO think SHIB has hit a SHORT TERM top. (It may continue upwards in as little as a week or two)
The IMPORTANT THING to watch IF SHIBA DOES PULL BACK is if SHIB can hold itself at or above that 0.5-0.618 GREEN SUPPORT AREA on the chart! That is what will give us the go-ahead to continue higher...
The potential upside target on the chart right now is based off of similar fib levels but zoomed out a bit first. I will be able to more accurately predict targets as time passes and we get some more data.
Until then stay tuned... WATCH THE CURRENT LEVELS for resistance as I DONT THINK we are going higher BEFORE a pullback!
IF THE RED RESISTANCE LINE GETS BROKEN by MORE THAN JUST A WICK then this IDEA is Invalidated and we'll re-evaluate.
I will post updates here as needed or as things change. If I don't post an update, The situation is likely the same or I've been busy. If you'd like an update for any charts just leave a comment and I will hopefully be able to provide al least a short update in the same chart description... If situations change beyond that I WILL LIKELY publish a whole new chart al together.
Hope everyone is doing well. The markets are volatile right now so CAUTION traders and leverage users
****This is NOT financial advice. This is just an IDEA based off my experience analyzing charts and studying crypto. I recommend researching cryptocurrency because of the potential for you to become A BELIEVER of this technology and its future (FUNDAMENTALS ARE WHAT MAKE OR BREAK CRYPTO) IF YOU HAVE THIS, INVESTING BECOMES MUCH EASIER!***
Also I've left a link to my latest BTC analysis below, as much of the market usually follows BTC's lead.
SHIBA INU #SHIB 4H Chart - Retrace!!!Update: 4H Chart shows 100 SMA supported prior price before the rocket ship. I put the fibs up as well. This is a crazy day for Shiba fan and ShibArmy #shiba #shibarmy
HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU!
CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
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 #altcoins
#SHIB SHIBA INU WHEN IT RETRACES!Shiba Inu fans are having a great day and a really great year! I put a few trend lines put together to focus on both Price and RSI. Also, keep an eye on the 21 EMA as a possible support. I hope this one doesn't have a free fall!
HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU!
CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
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 #altcoins