Shibausdt
$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...
Atom USDGood evening everyone!
Atom has formed a descending wedge pattern with a possible sign of a clear breakout.
- Watch for price action to retest the 23.6% fib. This could be a good buying opportunity.
- If the 23.6% fib is lost look for a double bottom closer to $30 for an even better buying opportunity.
- When the breakout is confirmed, look for a TP near the 78.6% Fib.
Good luck!
WHAT NEXT ON SHIBA?Hello trading friends,
✅I hope you have all a great day.
This is a short update for SHIBA ARMY depending on the last signals and trends.
We did add before this update about the increasing trend for SHIBA
the Day today we see a good increase trend on Shiba, and also the hype that it has.
Update
Shiba is still into the increasing trend - but we should focus on the black line on the chart, we should hold that line, as its important power line, and the trend line for the further increase trend, if we breakdown back to that line and we breakdown it with confirmation line, SHIBA could enter new short time.
Trade on more price actions targets, and don't focus only on 1, as we know charts prices can go all sides.
Have a great day!
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.
price action patterns you need to know ( part 6 ) hi my friends ,
i'll share with you some patterns which can help you in trading ( part 6 )
Ascending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go long again ( bull )
Descending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go short again . ( bear )
note : note : both of them ar continuation patterns .
please support me with like and follow me for more ideas .
price action patterns you need to know ( part 5 ) hi my friends ,
i'll share with you some patterns which can help you in trading ( part 5 )
the bull flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go long again
the bear flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go short again .
note : note : both of them ar continuation patterns .
please support me with like and follow me for more ideas .
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!
Shib Army Blast OffHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Congratulations for everyone that follow our signal, we were mentioning when shib was around 700 sats that be patient and that we will see much higher prices. 4 months later shib exploded 500%! next target is 5000 sats and that's a good area to take profit off some shib!
SHIB - Buy only after that 😱❗❗ SHIB is in an accumulation phase. The more the price is in accumulation, the stronger the upward momentum will be.
Breaking through the accumulation could be a good buying opportunity. But there could also be a pullback and then a breakout of the upper accumulation level.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Shiba trend reversal day, target is 0.000026Shiba has reached the level of 0.000044774 today. After an hour of corrective movement, when the coin went down to the level of 0.0000400, Elon Musk’s response tweet was published where he replied that he had no Shiba coins. After that, the price dropped to the level of 0.000033. This was followed by a rise to the level of 0.000040, after which many concluded that the coin was growing because whales were buying it in dips …
I want to explain a few simple things:
This coin rose on news like this one. Accordingly, it can fall due to such events. You need to understand the buyer’s behavioral factor.
The coin is now at a fairly high level, after such news, buyers will be very careful, no one will run to carry their money there, this is not a trigger
I am predicting a decline in the price to the level of 0.000026, nothing can induce buyers to return to the level of 0.000044 now. Even without this Musk’s tweet, shiba was waiting for a correction, but after this tweet, a correction awaits her all the more. I don’t understand the aggressive behavior of the community when I write about basic things. You are in the market, your faith in the coin has nothing with market realities and pricing. Just try to understand simple things. Thank you for the attention.
SHIBA INU Price, Chart analysis - Shiba to the moon?
SHIBA INU (SHIB) Price, Chart analysis
see the chart
you can also copy these kevels and plot them on your own chart. simply watch for break/retest - wicks/rejections
these price action levels are Valid till November 1st 2021
0.000014130
0.000018760
0.000023390
0.000028020
0.000032650
0.000037280
the bottom indicator is Stochastic
enjoy
likve/disklie
Follow for more!
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...