Shibusd
Shib long - Repeating Dogecoin pattern 💰😤- Growing trend
- BTC bullish
- 30 atr
- There has been false breakdown
- 5th touch
- Trendline is visible to everyone
- Doge already created an impulse yesterday. Dogs walk together
When vvap is broken, it will be possible to use it as a support. It's better to enter on retest.
Be careful with this trade, because there are no volumes at the bottom and the bottom trendline is also nice, so we can go there too. It is better to use half the usual volume.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
New entry levels for SHIBA Inu Here's a quick Look at SHIB daily chart . As we can see, the price has been forming a bigger symmetrical triangle. The price is close to a bigger break to the upside. We need BTC to get above 48k to gain some bullish momentum - SHIB probably won't break to the upside if BTC doesnt get above 48k .
The best entry would be, when the price breaks above 0.00003$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 0.00003$ and take profits at the levels shown in the chart.
Targets:
1. 0.000032$
2. 0.000035$
3. 0.00004$
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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!
Shiba Inu (SHIB) - April 4Hello?
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(SHIBUSDT 1W Chart)
It is important to support and rise in the 0.00002418-0.00003028 zone.
In particular, it is recommended to keep the price above 0.00002613.
(1D chart)
The 0.00002418-0.00003028 interval is the interval that determines the trend.
Therefore, we expect the trend to continue in the direction that deviates from the 0.00002246-0.00003243 interval.
(buy)
- After confirming the support near 0.00002613
- After confirming the support near 0.00002418
(Stop Loss)
- When it drops from 0.00002246 and finds resistance
(Sell)
- When receiving resistance in the range 0.00003911-0.00004248
- When receiving resistance in the range 0.00005467-0.00005690
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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SHIBUSD breakout analysisWith bitcoin's latest breakout, we could potentially see room for Shiba to potentially exit this overall triangle that price action has been sitting in for some time. If Bitcoin continues to trade higher as it is right now, expect many coins such as Shiba to continue their movement upward.
SHIBA Points To Starting Point Of Cycle ManiaHello Crypto traders!
Let's talk about memecoin Shiba Inu (SHIBUSD) in which we see very interesting pattern.
The book says: Every mania is followed by a decline that ends at the starting point of the advance. SHIBA can be still looking for wave (C) sell-off that can send the price back down to 0.*10 – 0.*05 support zone and beginning of mania cycle, especially if we consider current sideways bearish running triangle pattern in wave (B) that can be approaching the end soon.
Be humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
SHIB/USD - Shiba Inu Gears Up For A Major Announcement | LONG 🔔Shibas in the Metaverse?
In what seems to be a never-ending tease, the Shiba Inu (CRYPTO: SHIB) has announced a major event slated for March 30. The beloved meme
cryptocurrency that takes its moniker from the cuddly dog of the same name, has kept followers on their toes with repeated hints and teasers, but has yet to reveal what the big news is.
While it’s hard to know what could be in store, speculation is rife online. In fact, the anticipation of what the announcement could be about has kept Shiba Inu’s price climbing. The meme coin that trades for just fractions of a penny has gained more than 25% over the past week and more than 32% since March 15. At last check, SHIB was trading down 5.6% at $0.000027.
The coin hit an intraday high of $0.000029, according to data by Coinmarketcap.
Important SHIB developments
Recent days have witnessed some important developments on the global adoption of the popular crypto mascot. Shiba Inu is now available on Netcoins, a Vancouver-based online cryptocurrency brokerage.
Netcoins allows Canadians to buy, sell and hodl different types of cryptocurrencies. They are also the first publicly-owned crypto trading platform in Canada that is fully regulated. Now you can own one of these adorable Shiba Inu pups yourself by trading on Netcoins. Netcoins by the way is also working on its U.S. expansion plans.
Along the same lines, crypto enthusiast fashion designer John Richmond announced on March 16 plans to introduce SHIB and LEASH burns for its online shop. The adoption between a decentralized cryptocurrency and a global fashion brand is being seen as an important and innovative step in the fashion world.
John Richmond however, is not the only brand adopting SHIB. NowPayments, a cryptocurrency payment gateway, has also introduced Shiba Inu as payment at Italian burger chain Welly’s and pizzeria Sorbillo.
Another recent development is that of Etherscan data, a website tracking transfers made by Ether (ETH) hodlers, showing a “whale” – large market players in the crypto markets – buying last week more than 200 billion Shiba Inu tokens for nearly $5 million. Also, IntoTheBlock data shows Shiba Inu whales’ activity jumping 349% in the last 24 hours. Large transaction spikes are usually caused by institutional investors. These transactions involve more than $100k per transfer.
Meanwhile, Crypto Planet (CP) speculates that based on several social media posts, the March 30 announcement could be a Medium post about the Shiba Inu metaverse – an innovative virtual reality platform that allows users to interact with each other in a completely immersive environment – focused on the map and Lands sale.
In fact, Shiba Inu’s Twittter account stated: “ShibArmy, the world is full of things more powerful than us. But if you know how to catch a ride, you can go places.”
CP also notes that they have also seen some speculation that “the Land sale could happen with a listing on OpenSea,” the most popular place to buy Non-Fungible Tokens (NFTs).
Whatever the announcement turns out to be, one thing’s for sure – the Shiba Inu will have everyone talking!
💥SHIBA INU UPDATE❕❗Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As explained in my last idea, I said we need an upward breakout from the falling wedge pattern to confirm a bullish move.
Fortunately, price broke upward. On today’s chart, price broke out from a support zone at $0.00002550 and it’s in a pull back to the support.
Once the pullback is done, I expect shibainu to start the new uptrend.
What do you think?
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SHIB is gonna Increase From now on!🌳SHIB has been in a Symmetrical Triangle & Recently The Break out has Happened. This Bullish Break out has Determined Trend For Symmetrical Triangle & Means We can See It Fly! 3300 Is the Next Resistance for Shiba! The Price also Managed to Break the Bearish Trend Line So This means the Break out was Pretty Strong!
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🔔🔔🔔 Don't Miss 250% Gains on SHIBA ❕❕❕Hello Shiba Holders!
After The price breaking out the DESCENDING TRIANGLE, May have some Pumps On Shiba Coin Next Days, That can give as more than 250% Profit
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SHIB🐕 breakoutBottom in? SHIB broke out of the falling wedges and currently sitting @ Support 2900-2600. Resistances 4000 and ~5500.
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBUSDT buy opportunities and accumulation period
SHIBUSDT trade hit overall 1501% profit. Now trade is in the supporting area as shown by yellow area as accumulation period as we mentioned before. Final entry for buy position will be between 38% -23% fib level.You can take entry at lowest level. So far trade is running according to our respected analysis. Trade will boost up as it crosses final resistance area to break which accumulation area as shown in the graph and for more information you check our old analysis. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.