Shibusd
what is your take on SHIBA INU?SHIBA INU and overall alt market is currently in a deep downtrend. If we look closely to this shiba chart, price have fallen to the toes of the market (so is it right time to buy?) well i dont know yet, nobody knows that anyways WE NEVER BUY WHEN PRICES ARE GOING DOWN EVERY SINGLE DAY! what we can do tho is to wait and let the market show the lead that could be (in this case) rejection to the levels marked on this chart plus ema's to cross above and macd to cross 0 (thats alot to ask for).
RIGHT NOW ONLY THING TO DO IS WAIT.
SHIBUSD | Wave Analysis Mapping - Primary Wave 2 Target RangePrice action and chart pattern trading
> Falling Channel pattern with target downtrend wave 5 within the range of 0650 - 1300 based on 1.236 - 1.618 wave 4 retracement
> Long Entry @ local downtrend line breakout
> Medium-term Target @ upper channel resistance near SMA200 zone / volume profile resistance zone
> Indicator: MACD crossover signal line below the base.
Always trade with affordable risk and respect your stoploss.
SHIBA INU - Getting Ready...SHIB is currently in a descending ABC correction and we're in wave C now, which has 5 subwaves. We are currently in subwave 4 and expecting one more drop for subwave 5.
Once price drops once more, we can get ready to buy Shiba Inu. We have a level marked out, which has previously acted as strong support. Price could very well retest that level once more before seeing bullish price. That will be our first point of interest when price makes its way down for the 5th subwave.
No trade idea as of yet but we'll update this chart with a lower timeframe analysis once we see the 5th wave down.
What do you guys think?
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
Shiba Inu (SHIB) - May 20hello?
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(SHIBUSDT 1W Chart)
In order to transition from the mid- to long-term bullish trend, it must rise above 0.0000 2418.
In particular, you need to break out of the downtrend line.
(1D chart)
We need to see if we can move higher than 0.0000 1348 during the volatility period around May 25th.
In the short-term and medium-term perspective, it needs to rise above 0.0000 1808 to turn into an uptrend.
As it has fallen below 0.0000 1808 and has entered the mid- to long-term investment area, you need to relax and trade to increase the number of coins you have.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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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
If you liked our ideas, please support us with your likes 👍 and comments .
SHIB May Start to Lift-Off from here if things goes PerfectHere on the key level I am personally expecting an impulse to appear with the buy zone over the level highlighted. Where this has previously brought up a nice buying pressure with a high bull trend. Also I have a decent expectation of repeating the history it self and reaching the targets highlighted with horizontal lines.
SHIBA INU descending channel ❌🧨Based on the chart, the price has stuck in the descending channel and has lost the previous support area ✔️
we
expect to see brief correction for the price ❌🧨
our
resistance area are based on the Fibonacci levels ✔️
Please, feel free to share your point of view, write it in the comments below, thanks 🐋