Shibusd
There is potential for further growth up to the channel ceilingSHIB formed a range trend over the past weeks between two resistance support ranges, and its price growth stopped when it hit the $0.0000150 range resistance. On the other hand, significant support is considered in the range of $0.0000112 to $0.0000118, in which Shiba is facing increased demand again. As you can see, Shiba's trend is bullish in the daily range and 4-hour timeframe.
As long as the support of $0.0000110 to $0.0000106 is maintained in the 4-hour timeframe, there is potential for further growth up to the channel ceiling. So, Shiba's targets will be in the range of the previous roof, and if it is broken, the second target will be in the range of resistance 0.0000170 to 0.0000185 dollars. For the short term, if the $0.0000122 support is broken, the identified support levels, especially the second support, will be targets for sellers. These supports are confirmed by the Smart Money indicator on the 4-hour timeframe and are important ranges for Shiba.
SHIB🐕 breaking out once again? 3Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
This is a follow-up to my last SHIB idea which ended on stoploss by fakeout in the end.
The setup has been revised. Price is still consolidating around the cyan channel upper edge now just in form of bigger symmetrical triangle (which is usually continuation pattern).
It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001386. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout. If you would like to see SHIB pumping, just smash the 🚀 button! 😀
ENTRY : local high @ 0.00001233
STOPLOSS (SL) : local low @ 0.00001112
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001386
REWARD RISK RATIO (RRR) : 1.25
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIB🐕 triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Shiba Inu broke this triangle📐 then backtested it's upper edge & local range midpoint (support cluster) and bounced up. I think there is chance for run to 0.00001380 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 0.00001297
STOPLOSS (SL) : local low @ 0.00001278
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.00001380
REWARD RISK RATIO (RRR) : 4.4
INVALIDATION : when SL level hit
Check my recent sucessful SHIB trades:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIB CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SHIB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Floki Inu Analyze(11/20/2022)🐶!!!One of my favorite meme coins is Floki inu🐶❤️.
🔆What Is Floki Inu (FLOKI)?
Floki Inu (FLOKI) is a dog-themed meme coin, calling itself not a meme coin but “a movement.” It’s a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk’s Shiba Inu.
Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “three flagship utility projects:”
An NFT gaming metaverse called Valhalla.
An NFT and merchandise marketplace called FlokiPlaces.
A content and education platform called Floki Inuversity.
The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) which was named after a Viking character. Floki Inu vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki Inu has also partnered with CryptoCart, giving its holders the option to purchase items at over 1,700 stores through a partnership with CryptoCart ( CC ). It is also working on a similar partnership with Curate ( XCUR ) that would allow Floki tokens to be used as a payment method on the Curate physical goods marketplace.
In addition, Floki Inu has muscled into the world of elite soccer — it's signed partnerships with top-flight clubs in Spain, Italy, India, etc.
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It seems Floki Inu is making the Symmetrical triangle.
I expect Floki Inu can go up at least to the upper line symmetrical triangle (+40%) after breaking the important downtrend line.
Floki Inu Analyze ( FLOKIUSDT ) Timeframe Daily⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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Shiba Inu will double in price, right now!
Shiba Inu is absolutely ready for a massive breakout! I recommend to buy Shiba Inu right now because the technical analysis gives us a strong buy signal!
As you can see, the price is breaking out of the descending channel with a successful retest. After the retest, I don't see any reason why Shiba should go down at this point.
There are absolutely no unfilled GAPS below the current price, so it is extremely positive for the bulls. There is no reason to short SHIBA for the bears; they would prefer other coins.
From the Elliott Wave perspective, inside the descending channel we can spot a zigzag, which is a corrective pattern. Usually, you want to buy a breakout of corrective patterns for an explosive move!
There is no doubt that Shiba Inu knows how to pump drastically, and what can happen to you is that you wake up in the morning and you will see a huge green dildo, so I think you want to fill your bags before it happens!
Also, we have a double bottom pattern on the macro scale between the previous swings from June 2022 and December 2022. Another great sign of a trend reversal.
The most important question at this point is where to take profit. You don't want to take profit earlier than at the POC of the previous symmetrical triangle from 2021–2022.
Be greedy and make sure you double your investment! Also you can long on futures with a reasonable stop loss!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
Shiba Inu SHIB Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Shiba Inu SHIB are:
SHIB/USDT shot
Entry Range: $0.00001200 - 0.00001300
Price Target 1: $0.00001100
Price Target 2: $0.00001000
Price Target 3: $0.00000950
Stop Loss: $0.00001460
SHIBA: BULLISH FLAG PATTERN - LONGBullish Flag Pattern on Shiba Inu coin for a possible Long continuation.
A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag.
SHIBUSDT, new upward trend! 📈🦬 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. Shiba has been in trade range and accumulation and broken its descending trend as we expected. For now under resistance base 1525-1585 which you can save your profits or manage your positions to reach the first target because of BTC's situation. The main targets will be 17 and 28.
Good luck.
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Write your comment and opinion below to me
Will Shiba Inu start growing again❗️❓🦊In response to the question I raised in the title of this post, I must point out some points that may help you choose Shiba Inu in your portfolio.
The good news for Shiba Inu is that it was able to make a Higher Low (HL) on its chart, as well as break its important downtrend line. But since the Shiba Inu is currently moving near the PRZ(Price Reversal Zone) and the downtrend line, I expect Shiba Ino to push back to the important downtrend line in the coming days and next week.
Another good news is that if Shiba Inu can break the PRZ zone and the important downtrend line to the top, there is a possibility of creating a fan principle at the bottom pattern, which is considered one of the classic reversal patterns, and it is possible that Shiba Inu will start its uptrend again with this pattern.
If the Shiba Inu can make a daily candle above the heavy resistance zone & 0.000018USDT, then I expect the Shiba Inu to make 😱200%😱.
Shiba Inu Analyze ( SHIBUSDT ) 2 days Timeframe ⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SHIB USDT BINANCESHIB is following a longer term uptrend (white line).
Before continuation there should be volatility up and down leaning more downward to the white line.
A safe long would be to 1783 resistance (short long).
Looks like at the moment we want to go back towards the white uptrend line.
Could buy in around 1302 support.
RSI is going to now look for support after that big pump SHIB has done these last couple days.
This isn't financial advice and you should DYOR.
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Shib sitting up or rolling over?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
From an Elliott wave stand point, there is a potential that this move up is just a larger move with in a correction. A blast off or a nice corrective pattern internally retracing this move could be a nice entry for a long. Only thing else I could see is it may be being in the midst of some kind of Diagonal. Also drop some Median Line Trading principle in there as well.
As long as the last pivot holds "price should return to the median line approximately 80% of the time."
Theses levels on watch in case of a pull back.
Cheers!