Shibainu is on Support, We may see a pump soon! Buy the Dip!! 🚀Market Instrument: SSHIBUSDT
Timeframe: Daily
Analysis: Technical
Structure: Support and Channel
Prediction: Bullish
The price has revisited the support once again where we have seen a huge rally formed on Shiba. This support can show us another bullish pressure by repeating history. A breakout on the channel formed is a great bullish sign for those who are interested in Shibainu in the mid to long term.
Shibusd
Shiba Inu (SHIB) - January 20Hello?
Welcome, traders.
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(SHIBUSDT 1W Chart)
If the price holds above the 0.0000 2613 point, it is expected to create a new wave.
If it falls from the 0.0000 2613 point, there is a possibility that it will fall near the 0.0000 1049 point, so you need to think about how to deal with it.
(1D chart)
Above 0.0000 1348 point: expected to continue uptrend
Above 0.0000 2613 point: Expected to create a new wave.
It needs to rise above the 0.0000 3243 point to turn into an uptrend.
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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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Crucial Area for Shiba InuThe positive of SHIB
- Team is working on developing new innovation for the Coin
- It has more than a Billion Marketcap
- it is in most Crypto Exchanges
The negative of SHIB
- Mostly Base on Hype (Similar to DOGE)
- It has Trillion Supply with No Max supply
- The inflation of Shib is about 6.8% per year which is worse than the US dollar
Final Thoughts
- I believe Shib will continue to go down with minimal upside. I will take advantage of dips and take profit in pumps. All in all, this coin is short term, not long term.
SHIB - Daily Chart ✅Let's see how SHIB is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is consolidating.
The market is showing SELL 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 Middle Bollinger Band can push down the value, and the Lower 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 below 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: $0.00002891
Let me know your ideas.
Good luck.
💥SHIB CUP & HANDLE 🐶 - TO THE MOON🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
I expect a rise from support to ATH and above it.
As explained on the chart, the cup pattern formed followed by the handle about to form.
An order block indicated on the chart proves a possible bounce from current support to a new ATH and a possible bounce above it.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SHIBUSDT ( SHIBA INU ) 🤗
Happy Trading💰🥳🤗
SHIB - Daily Chart ✅Let's see how SHIB is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL volumes for SHIB.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower 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 below 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: $0.00003047
Let me know your ideas.
Good luck.
SHIBA - Has Broken Its Downtrend LineOn an hourly timeframe, as you can see, SHIBA has broken its downtrend line and has been able to be above its 3630 support line. But I still did not see a good sign for Shiba. To climb, it needs to break the important resistance of 3880 and reach price stability above it to expect to climb to higher targets. Otherwise, if it loses 3200 support, we will see a decline to lower support. The range of 3200 to 3400 that I have drawn for you is very important. If it breaks, we will see it fall to the limits drawn below.
SHIB/USD - SHIBA WARRIORS ASSEMBLE!!!SHIB is attempting a major breakout from the descending channel. If successful and volume picks up, SHIB holders may get some juicy profits.
Are you ready?
The only risk I see here is the overall market turning bearish again, making this move just another bounce like in December.
For now SHIB should at least test the first resistance level on the chart.
All in all, SHIB correction should be ending now. MACD on daily turned bullish so probably a good risk/reward to explore some longs.
Like and follow if you liked my idea!
Could SHIB break the 50MA and then the .5 Fib Extension?Some of our group wanted to see a fib extension on SHIB so we did it and surprisingly we have a move that mimics what actual trades will be. These bounces off the .5 extension and then a solid support at the .236 extension make this worth watching for a while. Hey who doesn't have 1.5M+ shib just sitting around waiting for it to break .01$
SHIB/USDT 25% up within 48 hours what next?#SHIB/USDT
$SHIB currently trading at $0.000032
And 25% up from our entry.
As I posted chart that was Perfect Retest and Perfect Entry.
Hope you enjoying the ride of #SHIB
Now..?
I am still bullish and My target still same.
Targets:- $0.00005000/$0.00007979/$0.0001
Placed stop loss at entry.
First Stop Loss:- $0.00002400
Support:- 2500 Satoshi
SHIB Expected to List on Robinhood in FebruaryRobinhood Listing Rumor is the news of the year for the Shiba Army!
The listing is expected in February!
My price target after the listing is, thanks to the Fibonnacci extension tool, $0.00007600!
Looking forward to read your opinion about it.
First called SHIB at $0.00000684:
SHIB - Outlook (as you asked) ✅Let's see how SHIB is behaving.
This is a 1D chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area. We've been in a downtrend for a long while now.
The market is showing NEUTRAL volumes for SHIB. We might see an uptrend breakout after more consolidations.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower 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 below 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: $0.00003191
Let me know your ideas.
Good luck.
SHIB going to have a second attempt to break 32Hello Friends
***this idea is connected to my previous idea somehow ,please have a look to my previous idea, if interested to***
at press time shib trying to hold 31 to going up further and have second attempt to break 32
but i think it happens only if Btc reach 44.4k and above
i think Btc Movement is more likely a bull trap
NOT A COMMERCIAL ADVICE
TRADE SAFE ON YOUR OWN RESPONSIBILITY
SHIBUSDT 1D long setup; Broke and retest of TL and support zoneTA explained
SHIB did a complete pullback to the previous level of structure which was formed during the strong uptrend back in October. Now price broke the descending trendline and retested it on a price level which aligns with former support zone.
Targeting the FIB pullback levels of the correction. SL just below latest low.
Trade setup
Entry zone: 0.027143 - 0.030170
TP1: 0.043510
TP2: 0.049759
TP3: 0.058656
SL: 0.024999
RR: 8.73
Max leverage: 1
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
SHIB/USDT ( ShibaInu Ready to 300% from here..? )#SHIB/USDT Exclusive TA Update:-
$SHIB currently trading at strong support level $0.2711
Chart looking Very beautiful.
- Daily Chart Forming Beautiful Bull Flag
- Breakout already successfully done.
- Now Trading at Perfect Retest level.
- also Trading at 0.7 Fib Retracement level
- Strong Horizontal Support in Daily/ Weekly chart
- From double Bottom almost 100% Retracement done
- As per chart 200% minimum Target.
- I Personally Expecting kore than 300% Target from here.
- Best Entry could be $0.00002450-$0.00002700
- Expecting Targets are $0.00005000/$0.00007979/$0.00010
- Expecting Huge support from you guys. ❤️❤️❤️
update shibThe black days of the market are coming to an end. Do not worry
As you can see, the stochastic indicator has given a buy signal in the daily time frame.
A valid support has kept the price and from here the reversal of the trend can be seen.
We are waiting for the break of the RSI trend line to enter Shiba safely.