SHIB Shiba Inu Retracement Completed ! Buy Opportunity?If you haven`t bought SHIB at my first call, at 0.00000684usd:
Then you should know that if we extend the fibonacci retracement tool from its strongest support, we can see that the price drop target was 0.00003800 (the famous fib 0.618) which was touched multiple times and then bounced back.
I see this area as a good entry if you want to long SHIB Shiba Inu once again.
Shibbtc
SHIBA - Daily TF AnalysisOn a daily timeframe, SHIBA is in the important support area of 378 to 438, and there is a possibility of price flooring in this range. The power of fall is not seen, and you can enter by managing the loss limit. If it keeps this range, we can see the targets of 563 and 639 again.
SHIB/USD - Sh*t the bed. I warned you. 😭😲😢SHIB has failed to hold at $0.000039. Hello $0.000032.
I warned about this scenario weeks ago... now we're here...
There is nothing bullish on this drop, on the contrary, selling has increased with volume going up = BEARISH.
Stay away from SHIB.
Only consider it once we hit the support...
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SHIBUSDT , We are in bottom for buyingHello eveybody
Our team wanna publish one of our private signal channel with all you traders
This is just signal you should check everything and find the best point for entrance in the position
This analysis and this position have amazing R/r and have a little stop loss
Because according to the chart you can see the breakwave break the trendline and now we are at the bottom of the price of these recent weeks
In here you can buy ( with your own strategy ) and can hold it until the target that shown on chart happen , LISTEN TO THIS POINT : If the price break the buy zone area below and can close candle below it this chart is not valid anymore and the price and drop to the next support , everybody if you wanna entrance in position you should take signal in lower time frame and check the momentum of the movement and ... then take position with high chance for win
This is market and everything can happen , we are not GOD but we are near to GOD :D
Previous analysis :
Dont forget use stop loss and observe to money management
Good Luck
Abtin
SHIB/USD - Bullish wedge or CRASH??? PUMP or DIE moment!SHIB has formed a large bullish wedge and the last level that can hold price from the inevitable crash is the support at $0.000039. If that won't hold price, then we will drop to $0.000032 as predicted a while back...
PUMP or DIE moment.
SHIB volume is non-existing. Buy pressure is nearly 0. Indicators are bearish.
STAY AWAY until we break above this wedge in blue, otherwise you are better off throwing your cash on the window.
Bias remains bearish for now.
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SHIBUSDT Technical Analysis⏳ Spot
💎 SHIBUSDT has broken above the bullish flag. After the rejection and retest the [previous resistance, it is expected to go to the upper band of the descending channel. after breaking above the channel we expect more bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.00004489 - 0.00004152
☕️ TP1 0.00004900
🍺 TP2 0.00005469
🍻 TP3 0.00005999
🍾 TP4 0.00006512
🍷 TP5 0.00007000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00004152 - 0.00003839
Good Luck 🎲
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SHIB - Daily Chart ✅SHIB fell on support,
This support level can hold the price up. For now, two resistance areas are pushing down on the price if the price moves up.
There are Sell and Neutral Volumes on the market for SHIB right now, so watch out because we might fall on the next support level.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00004619
Let me know your ideas.
Good luck.
SHIB/USD - Lower low... time to be careful! 😪SHIB’s price was in a very dangerous area yesterday when it broke below the support level at $0.000044. There was panic and despair in the market, with most SHIB holders starting to doubt their investment. Fortunately, the bulls reversed the downtrend today and got the price back into the blue triangle, which gives temporary relief, at least.
However, the bears managed to push SHIB lower, and the daily chart has made a lower low. Together with the lower highs, SHIB has been making in the past month, the chart paints a rather grim picture ahead. The trend is clearly bearish, at least for the time being. This makes the support at $0.000032 a likely target for bears before any potential reversal.
The only hope for bulls to avoid this scenario is to push SHIB’s price above the $0.000050 resistance
Trading Volume: The volume remains low, but somehow the bulls cannot stop this downtrend decisively.
RSI: The RSI is curving up on the daily timeframe, and on 4-hour it touched the oversold area before jumping up today when the bulls came back.
MACD: The daily MACD remains bearish. The only positive aspect is that the histogram has stopped making lower lows. Perhaps this is the first indication that the bulls may regain control of price in the nearby future. However, it is too early to make a call on this now.
The bias on SHIB is bearish. Unless the price moves above the resistance at $0.000050 it is very hard to be bullish.
The return of the price back into the blue triangle is a bullish signal, but it is not enough to change the bearish trend. Bulls need to step up and break the key resistance at $0.000050 if there is hope for a reversal. So long as that does not happen, SHIB can continue to decline.
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SHIBA - Not a good time to Enter!On a 4 hour chart, as you can see, it is in a downward trend. The $0.00004470 support area is significant. If this support is lost, we will expect a decline of 20% or more. I have not seen a good sign to climb so far. In my opinion, now is not a stable and safe situation to buy. Wait for the climb signs to appear.
I suggest waiting to enter for friends who do not have enough experience by breaking the resistance and creating stability.
SHIB/USD - Bullish Divergence! Time to pump approaching?😍SHIB’s price fell 15% yesterday during the market correction breaking the critical support at $0.000050, which now acts as resistance. Right now, the price is about to retest the strength of the support at $0.000044, which held well on November 4th when SHIB had a significant crash. Failure to defend this critical support can encourage bears to take SHIB much lower.
RSI: The RSI on the 4-hour timeframe is making a bullish divergence with a higher low despite the fact that the price fell lower yesterday compared to November 10th. This reinforces the case that SHIB’s correction may come to an end unless the broad crypto market continues to fall.
The bias on SHIB is neutral at this time. The price action also appears to have formed a larger descending triangle with the base sitting at the key support. A breakout from this triangle will flip the bias bullish or bearish depending on which way SHIB price decides to move next.
It’s expected to see the price of SHIB just above the key support level at $0.000044. A break below this level appears unlikely at this time and would probably be triggered only by a significant market correction. So long this does not happen, SHIB has a good chance to break away from this formation and move higher in the future.
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SHIB getting close to the apex of the triangle! Here's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.0000562$
2. 0.0000625$
3. 0.000072$
4. 0.000081$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB - Daily Chart ✅SHIB is consolidating in a sideways channel.
There are two resistance levels on the way up, pushing down on price.
And also, two support areas are holding the price up.
The market is showing Buy Volumes for SHIB right now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005394
Let me know your ideas.
Good luck.
SHIB/USD - 20% pump pushed back by resistance! 🙄SHIB bulls managed to push the price all the way to the resistance at $0.000055 after breaking away from the blue triangle. At one point, the price was up about 20% from the daily low.
If the bulls manage to turn the top of this descending triangle into support at around $0.000050, they have a good chance to break above the current resistance. If not, the bears may take over again.
Note that this latest rejection at resistance can be interpreted as another lower low on the chart. The bulls really need to push higher if the trend is to change. Therefore, any celebrations might be premature.
The bias on SHIB has turned bullish with this breakout. However, to maintain this bias, SHIB price must not fall under $0.000050.
SHIB looks like it has a good chance to return to the uptrend. This latest move has turned the bias to bullish, and if the price manages to hold at the $0.000050 support, then it has a real chance to turn the indicators on larger timeframes like daily bullish again. Until SHIB breaks the current resistance at $0.000055, it’s expected to see the price bounce between these two levels as the bulls and bears fight for dominance.
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SHIBA - Price stability or decline?In a 3-hour timeframe, Shiba was in a downward trend, but finally managed to break this trend, but I still didn't see a good stabilization from it. To reach higher targets, it must break its $0.00005840 resistance to stabilize its price to some extent to reach higher targets. Be sure to consider price reactions and proceed with risk management.