Shibusd
SHIB 8 hr - buy and sell zones.I am trying to isolate my buy and sell zones. But they do depend on the rate and incline of a movement. I will also watch each trend line being approached. Often one is broken just by a touch, then a fake out reverse occurs right before the breakdown of that resistance. These 8 hour charts will give a large window to these areas and let me see the markets collective decisions.
Shib- Higher low in place?After the recent low on 22 of January at 0.0000175, Shib has had a first leg up to 0.000035, followed by a correction just shy above 0.000020.
Now the coin is trading at 0.000025 and the Pin Bar from 24 February can very well mark a higher low.
Yesterday's candle is a bullish engulfing which reinforces a bullish outlook.
If the recovery for the crypto market is a genuine one, Shib can rise and test 0.000040 resistance
I'm bullish as long as 0.000020 is intact
SHIBUSDT | The best target for climbingHello traders, SHIBUSDT in daily timeframe , As we counted, the main 1 and 2 waves are formed and now we are inside the 3 main wave.
This wave 3 has ended its microwave 1 and now we have doubts about the beginning of microwave 3 and the end of wave 2.
Wave 2 is zigzag in its current structure and this zigzag has ended and entered a new phase with the breaking of its channel.
It should be noted that the correction for wave 2 is both normal in terms of time and correction.
This new phase is most likely related to wave 3.
In the second probability it is related to wave x and in the third probability it is related to wave a of wave b from the plate.
Most likely: This phase is related to wave 3, currently waves i, ii and iii are formed and now we are inside wave iv. This wave needs another descent to the bottom of its channel in terms of time and correction.
However, if the upper side of the channel is broken, the v-wave is probably started, and if the price falls below the specified range (warning sign), this possibility will be fielded.
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Opportunity to profit - Short Position on SHIBUSDT chartOpportunity to profit - Short Position on SHIBUSDT
- There is a possibility of a short term bearish on the SHIBUSDT chart
- We published this analysis based on Price Action
Trading Setup:
Stop Loss on FLAG Breakup
First Target on Support Zone
Second Target on lower Support Zone
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SHIBUSD | Potential Uptrend. Get in!If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
SHIBUSDT-SHORTIn the SHIBUSDT chart, the price is within the ceiling of the flag channel, and a peak is formed in the 4-hour time frame, and the price has the potential to move below the flag, and we can act through the following Setup
📊 SHIBUSDT Shiba Inu
🔴Short Now 0.00003070
🏹 Target 1 0.00002960
🏹 Target 2 0.00002730
🏹 Target 3 0.00002450
🧯 Stop loss 0.00003250
💸Capital : 2%
If this signal hits to SL you allowed to lose %2 of your Capital only.