Shibusd
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.
Shiba Inu (SHIB) - February 5Hello?
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(SHIBUSDT 1W Chart)
Above 0.0000 2613 point: Expected to create a new wave.
If the price is maintained above the 0.0000 2613 point, I would expect a reversal of an uptrend.
As such, we expect to see resistance in the range 0.0000 3528-0.0000 3911.
If it declines from the 0.00001808 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
Due to the volume profile section that is being formed near the 0.0000 6697 point, it is expected that a sideways period will be required, so it is recommended to proceed with the investment from a mid- to long-term point of view with peace of mind.
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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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SHIB is moving in a bearish triangle pattern, What's next goal?As you can see on the chart, Shiba is moving in a big bearish triangle pattern for about 10 Days!
What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin.
Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle.
In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.
SHIB RobinHood listing rumor and petitionA tweet from ZeroHedge announced that Robinhood could list Shiba Inu for trading in February.
There is also a Change petition with more than 555,000 signatures to convince Robinhood to to list Shiba Inu coin.
Since Robinhood needs new users and its stock lost a more than 60% from its IPO, i really believe this is the next strategy for them to execute in February.
In this case, my price target for SHIB is the 0.00003100 resistance.
Looking forward to read your opinion about it.
Buy Little Bag Of Shib For Long Term Don't MissToday I want to talk with you about SHIBA chart Price tested support time of range a few times like tested resistance too.
This is my opinion, I really hope this will be useful for you Be ready and take care of your money. Have a great profit!
Always do your own research before opening positions and always put SL
Currently in Range or You can wait for a pullback
Stoploss Bellow Yellow Line
We Can See Pump in Shib After Doge
Simple but smartHi guys
We have credible support ahead. In addition, Bitcoin is also on short-term support. A triangle pattern is also formed
The buying and selling range is indicated in the chart
what is your opinion?
Do not pay attention to shadows
If you have any questions, I will be happy to answer☺️
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Shib Stair Stepping Lower lows and Lower Highs, the definition of a down trend. Looking for a trend change here. So far nothing convincing that the trend have began moving back up yet. May be a triangle/pennant here so if it gets a lower low on the price action and a high low on the rsi, bull divergance, it may point to a potential turning point. Again, waiting for a trend change, ideal shown on chart.
SHIB, is going to break this resistance?On the SHIB chart you can see a trend line. At the moment this line acts as resistance. The price has tried several times to overcome this resistance, but so far it has not succeeded. In the case of compression and breakout there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
SHIB oversold for 8 daysIf you haven`t bought SHIB here, before the huge pump:
Then you should know that is oversold for 8 days and sitting at a strong support area from which it can bounce anytime now!
I expect a short term upside to the $0.00002730 resistance.
Looking forward to read your opinion about it.