Shibusd
SHIBA - I`m not sure!Hey Guys, what we see is an continuation pattern (symmetrical triangle) and on the daily I would say, it breaks to the downside.. but on the other side, some whales did high buys ..
I would only trade the breakout from the daily, not the patterns in the daily pattern. It`s more safe! Let`s see where it goes!
No financial advice!
DYOR!
Happy Trading :)
Shib old holders dumping... the rich will buyShib long buy up this range.... people keep saying bear but this has been a fake dump. No way we should be holding this well but we all. Buy it up and hold. Wait til shib goes likes 300 percent as usual. You do not want to be on the other side of this bet.
Spot trade so watch for updates.
SHIB: 50% PUMP COMING?Hello friends, today you can review the technical analysis on a 1D linear scale chart for Shiba Inu (SHIBUSD), an altcoin.
Quick Analysis:
After long awaiting, Robinhood finally listed Shiba Inu on the app. Shiba Inu has been in a descending channel and a triangle pattern which it broke out of with the Robinhood listing news. The RSI and MACD both show a level of bullishness as well, which can push the price higher. Using the descending channel's measured move upwards as well as the Fibonacci Retracement, the price has the chance to move up almost 50% from current price levels. Keep a very close eye on the Volume, RSI and MACD.
What are your opinions on this?
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
SHIB ready to run?Shiba Inu is trying to break up this triangle 📐 and if successful I think there is chance for run to 3840 and even higher. SHIB just run!🦴🐕
ENTRY : local high @ 2555
STOPLOSS (SL) : local low @ 2230
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 3840
REWARD RISK RATIO (RRR) : 3.9
INVALIDATION : when SL level hit
DURATION : shouldn't take more than 6 weeks
ETH should be stronger than BTC, so ALTs should be good to go:
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.
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.
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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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