🔔🔔🔔 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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Shibusd
SHIB🐕 breakoutBottom in? SHIB broke out of the falling wedges and currently sitting @ Support 2900-2600. Resistances 4000 and ~5500.
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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.
SHIB - When will the downtrend stop? ✅Let's see how SHIB is behaving.
This is a 4H chart. (Mid Term)
SHIB is consolidating, and it's still in the downtrend.
There are three layers of resistance on the way up, and if you're holding and wondering where this downtrend can end, the last level of resistance can be a game-changer for this coin.
Support levels: $0.00002227
Resistance Area: $0.00002554
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing NEUTRAL volumes for SHIB.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SHIB is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.00002371
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Here is price at the tip of the falling wedge. An upward breakout from this falling wedge will take price to ATH but a downward breakout will take price back to the trenches.
We already have a slight breakout from the upper trendline. If it turn out to be a successful breakout, then shibainu will do well this time.
Also, this pattern looks like a possible cup and handle pattern. If this should play out, price will rise above ATH.
Will price break upward or downward?
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Changed to Shib Short...Intuition says no. Support says no. There's a full moon coming in Aries. A time of purging. purging is perceptive. It's a 50/50 bet. I am short on the day. Ugly range. If short then we might bounce at 39,500 but I'm not hopeful. It's a spot trade so watch your shit.
I am a spiritual and technical trader. I trade spiritual shifts and timelines.
Big long coming for ShibI like the range here and am bullish for sure. It's well supported but it is a spot trade once again so watch your shit. I think shib will definitely steal the show soon if this baby goes long. If it goes short you can always can that red a lot easier imho. Sending positive vibes for happy trading.
I am an intuitive range trader. I trade spiritual/astrological/numerological shifts. I also incorporate TA.
SHIBA Next Res test could be the last. Potential +400% move.This is an update to the pattern I published for SHIBUSDT on February 07:
As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D RSI sequences are identical.
In our opinion, the next test of the consolidation's Resistance level, will most likely be the last. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021.
So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !!
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SHIB, what will happen after the breakdown of the trend line?After touching the trend line, we did not see a strong buyer reaction!
The price will probably be able to break through this trend line and approach the first key level. If there is weak support from the buyer at this level, the next level will be a strong support.
From the level of the local minimum - $0.00001704, you can look for good opportunities to take long positions.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.