Shibusd
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.
Shiba Inu (SHIB) - February 8Hello?
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(SHIBUSDT 1W Chart)
Resistance range: 0.0000 3528-0.0000 3911
Support section: around 0.0000 2613
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(1D chart)
We need to see if we can get support near the 0.0000 3243 point.
If support is found at the 0.0000 3243 point, I would expect a move towards the 0.0000 3528-0.0000 3911 section.
If it falls from the 0.0000 2613-0.0000 2863 section, it may fall near the 0.0000 1348 point, so you need to trade cautiously.
Above 0.0000 5690-0.0000 6532 interval is the high point interval.
Therefore, this section is a psychological resistance section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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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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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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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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