Shibusd
Super Bowl Bull Flag Breakout Coming for SHIB?A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future.
As a bonus, zoom the chart out for our mid term target zone!
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Trading Signal For SHIBUSDT SHIBA INUTrading Signal:
There is a Trading Signal to Buy in SHIBUSDT SHIBA INU.
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.0000260
⭕️SL: Close bellow 0.0000245
🔵TP1 @ 0.0000320
🔵TP2 @ 0.0000385
🔵TP3 @ 0.0000530
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Shib Elliott Wave Analysis Going to be keeping a couple variants on the same chart until there is some, IMO, more clarity.
Its similar to Bitcoin, in the way that there is a large corrective structure as the the 2/B.
Being such a large, in time, structure, I would be looking for something of similar degree.
This could be obtained by a sharp deep correction in price, or a sideway correction
of similar time before i would consider it the same degree.
On the chart are the possible counts I am looking at.
They do have some ideal fib relations in common in the area, marked on chart.
The deeper it goes, the more possibilities are knock off the table as possible counts.
Trade Safe!
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SHIBA INU : PRICE IS READY TO EXPLODE - PRICE ACTION - LONG Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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SHIB/USD - About to hit $0.000037! 😍SHIB has been bullish since leaving the downtrend in blue.
Now price is keen to reach the key resistance at $0.000037.
Bias is bullish and with another push SHIB should quickly move to the key resistance. Then be cautious as we may get a correction.
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SHIBA will pull back here before the lift offMarket Instrument: SHIBUSDT
Timeframe: Daily
Analysis: Technical
Structure: Support, Minor Resistance, Trend Line
Prediction: Bullish
SHIB can retest the broken trend line one more time before the lift-off. The minor resistance at the moment showing a sell-off and this can show up as a pullback. After the pull back we have a greater chance of continuing the bull rally to the upside breaking through resistance.
SHIBA CUP & HANDLE- TO RISE BY 300% TO $0.0001Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, we have a cup and handle pattern formation on this chart followed by a falling wedge pattern that reflection the correction that happened.
Another confirmation right here is that price broke out of the falling wedge and it’s in a new trend to the upside.
What do you think?
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Day is not over... but wow!!! Shiba Inu (SHIB) strong!!!Day is not over... but wow!!! Shiba Inu (SHIB) strong!!!
After loosing the important volume support and flipping MA Ribbon bearish...
... both can be fixed today.
At $0.000035 - $0.000036 about 47.11k adresses will be break even - might give a correction from there.
(source intotheblock)
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SHIB inside a triangle SHIB is currently inside the scalping triangle if it breaks this triangle upwards its target can be 2.618 fibo level, if it breaks the triangle downwards its target can be -2.618 fibo level
I'm using Fibonacci circle , Fibonacci levels , Fibonacci channel to create this analysis so Dont think that this is just figment
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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.
SHIBA broke its 1DMA50. One Resistance left before All Time HighSHIBUSDT had approximately a +30% price increase yesterday that marginally broke above its 1D MA50 (blue trend-line) for the first time since December 01 2021. Today despite a higher reach, we see so far some profit taking which is expected after such rise.
During Shiba Inu's previous accumulation phase from June to September, when it broke the 1D MA50, it failed to deliver a rally to new All Time High (ATH) as the horizontal Resistance level of the Highs of the accumulation phase continued to reject any break-out attempt. Currently the symmetrical Resistance Zone appears to be roughly within 0.00003320 - 0.00003110. As long as the price is within that and the Support Zone, expect the accumulation phase to be extended. A break above the Resistance Zone, will most likely coincide with a break above the 1D MA100 (green trend-line). In that case I expect an aggressive and quick rally towards the 1.0 Fibonacci level and the previous ATH. A break above can even set a Higher High near the 1.236 Fib extension. Notice how similar the 1D RSI sequences are of the two accumulation phases.
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Time to add to SHORT SHIBAThe owners of this dog just refuse to put it down! Each rally, far from being the fresh breath of hopium owners desire, has provided excellent short opportunities for months. This one is a clear pullback to test and hold Resistance and a good opportunity to add to the short where profit was taken at the start of January.