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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.
FTX:SHIBUSD
by lofitrend
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.
COINBASE:SHIBUSD
by dukeposh
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?
by WicktatorFX
6
Shiba Inu (SHIB) - May 20hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (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. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
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.
by jasdabunny91
4