Shibausdt
🚀SHIB: trendline breakout and THEN...!Hi friends! Shiba could create a great pattern to open a long. Even in spite of the lack of volume.
✅On the volume indicator, we see the buyer buying the bottom of the Shiba for 3 times. This is a good sign for a possible local growth.
📊With the price returning to the trend line and squeezing under it we may see a breakout with targets:
$0.144 - local highs, which the price has not yet tested
$0.1618-0.17 - the first value zone
$0.2-0.21 - the second value zone.
🚩With such a market, there's no need to hope for reaching the second value zone. Altcoin is getting weaker relative to Bitcoin, dominance is growing. The fact that the price reaches the first value zone will already be an achievement.
But that means that you should only look for the best opportunities with RR 1:5-7 and not trade everything in a row, especially if you are beginner.
✅Also, a short trade is also possible. Pay attention to the volumes at the top a few days ago, after which the price dropped. Someone sold on the highs. Therefore, we can wait for a false breakdown of the trend line, with the volumes rising again, which will indicate the presence of a big seller. The local low of $0.914 could be the target for the downward movement.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trading opportunity for SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT
🔵 Long Now 0.00001100
🧯 Stop loss 0.00000990
🏹 Target 1 0.00001200
🏹 Target 2 0.00001300
🏹 Target 3 0.00001400
💸Capital : 1%
We hope it is profitable for you ❤️
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SHIBA Goals !Hello,
We all know the people’s currency SHIBA , which was affected by what happened in the market. Until now, it turns out to me in the analysis that it is a stable currency in stage A, which is a dangerous stage where if I break it, we will return to the starting point
As shown to you in the explanation, I divided the stages (A, B, C, D, E)
And it seems to me that the market settled and did not go down, we will settle down in phase A until the assembly and move on to the fun B
And as we all know, SHIBA currency has a large army and I don't think that its army will leave it without support in stage B
If support is provided directly, it will move to stage C , and at that stage I think we have passed the danger stage
As for the stage D and E , I think it is far away, but as it is known in digital currencies, nothing is impossible, and we know that the market is linked to demand and supply and any news that affects it.
I hope you like the explanation
SHIBUSD Largest Support ClusterShiba is undergoing a bear market, with a recent low on this Weekly chart at 2.618
This 2.618 level is also where price on this ticker originated from
I have faith in the wick hitting 2.618 being a potential bottom based on the above statement
2.618 also aligning with the Gaussian Channel strengthens this assumption
Trading Signal For SHIBUSDT SHIBA INU Trading Setup:
A Trading Signal is seen in the SHIBUSDT SHIBA INU .
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.00001070
⭕️SL @ 0.00000987
🔵TP1 @ 0.00001276
🔵TP2 @ 0.00001490
🔵TP3 @ 0.00001837
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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SHIBA - We came to the important level, let's see what's next!Shiba has been falling a lot, together with BTC.
It bounced from Historical level and now trading over it.
After a short accumulation on lower timeframes it can break it down successfully with good volume.
Reasons to take short:
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Stablecoins are getting weaker, everyone is panicking
⭐️ 4th touch
⭐️ Under VWAP
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
SHIB has exhausted energy on an interval of 1 dayHello everyone, let's take a look at the SHIB to USDT chart on a 1 day time frame.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00001351, if the support is broken, the next support is $ 0.00001163 and $ 0.00000847.
Now let's move from the resistance line, as you can see the first resistance is $ 0.00001585, if you manage to break it, the next resistance will be $ 0.00001850 and $ 0.00002068 and $ 0.00002287.
As you can see, the price is based on the first support, while the CHOP indicator shows that the energy was consumed on the 1-day interval.
Shiba is Long... Expect BounceI got dumped to hell last month. No regrets people claimed that we would follow a BTC dump to below 28k. I have been saying for a while BTC has shown great strength in the 40s. We will see a strong retest int he 40k to 47k range. I believe BTC will breakout past 50k this month. Shiba did an incredible short this month.... I can say that's the gamble of good trading. However, SHIBA is not one to show in the 0.000020 range. We will bounce soon. It is a greater gamble to short this range on Shiba than long it. I wasn't expecting a month of major down turn as many other stocks like AVAX and LUNA had major bounce. I expect us to hit a super ninja trend contrarian style.
As I always say this is a spot trade, so trade your style and watch for updates. I ride the pain, not usually for a month but we had some great support levels that dipped off. This month expect retest. It is an ugly market . I have never been liquidated and this is the closest I have ever came. Good ol' SHIB. Not worried. I like the volatility. Be patient. I will be updating. Happy trading.
(I believe people over complicate trading in this type of market. I will be getting to technicals when the market corrects. Expecting BTC to get to the 42k range soon and traders to claim it's an outrage.) Lucky for us SHIB can pack a punch. LONG LONG LONG- been LONG just a scamming ass market with scamming ass Feds.