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Shibusd

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!
Long
by DU09
1
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.
by ShawnMCR
3
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 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
BINANCE:1000SHIBUSDT.PLong
by MattieDsCryptoLounge
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. ❤️❤️❤️
Long
by CryptoPatel
8
SHIBUSDT | The best scenario for falling 📝Hello traders, SHIBUSDT in daily timeframe , Based on the wave count we had: Waves 1 and 2 are completed. We are now at the beginning of wave 3, consisting of wave 3, microwave 1, and the structure of wave 2 is being formed. Wave 2 is usually zigzag and has a steep slope. The current trend is also zigzagged, and from this pattern wave a is completed and wave b is probably completed. From this zigzag, only wave c is incomplete and we assume that wave c forms its first wave and completes the rest of the waves up to around 0.002145. If the red circle and the upper side of the channel are broken, the structure will change and there is no hope for this decline at the moment. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Short
by mahdisoltaninjad
2
💥SHIBA INU - BEST TIME TO BUY?🤔Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As shown on this chart, we have shiba at the demand zone where it respected the zone 3 times. Price is still at the zone accumulating for the next leg up. Do you think this support zone is going to reverse price back up to ATH or it will fail? What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on SHIBUSDT ( SHIBA INU ) 🤗 Happy Trading💰🥳🤗
BINANCE:1000SHIBUSDT.PLong
by PetrockFxTrading
8
$SHIB Trible Bottom PatternLooks like a triple bottom pattern established on SHIB. Hoping this indicates a breakout given the strong support level. The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels. There are a few rules that are commonly used to qualify triple bottoms: There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal. The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance.
FTX:SHIBUSDLong
by joeg250
SHIB/USD - Bulls under pressure as price continues to fall...It appears that SHIB’s downturn will continue. The cryptocurrency is down 6.9% in the past week and the bears are now aimed at an important support level Key Support level: $0.000030 Key Resistance level: $0.000038 While volume has remained low, SHIB’s price has continued to fall in the last two days and is quickly approaching the support at $0.000030. This level proved resilient when it was last tested in December. Buyers have to step in again, otherwise, SHIB may tumble further. The resistance is at $0.000038. Technical Indicators Trading Volume: Volume remains low. This puts in doubt the conviction of the bears to push the price lower. The true test will come once SHIB arrives at support. RSI: The RSI on the daily is under 50 points and is falling. However, the RSI made a higher low which indicates that buyers may rescue SHIB at the support level. MACD: Unfortunately, the daily MACD did a bearish cross today. This is bad news for bulls, and their strength will likely be tested soon as any weakness may lead to SHIB dropping further below the current support level. Bias The bias on SHIB is somewhat bearish. The price is still in a range, but the current trend is negative. A break below the key support level will confirm the bearish bias. Short-Term Prediction for SHIB Price SHIB’s sideways movement during the new years holidays has ended, and the price resumed its downtrend. It’s critical to see how the cryptocurrency will perform if the support level is reached.
by DU09
SHIB, who is stronger the sellers or the buyers? SHIB is also, like most altcoins, in a trading range. For the whole month the price is squeezed between the levels of $0.00003 and $0.00004. It is worth noting that the price has tried to breakout of this range several times, but all ended up in a false breakout and liquidity collection. Now we should highlight two main scenarios: - The first scenario: squeezing and the breakout of the key level can be a good buying opportunity. -The second scenario: a fall and a false breakout of the lower boundary of the trading range. In the case of a false breakout there may also be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
4
SHIBUSD: Loading Up Buys 🌑🆙Wow! What a beautiful chart. Price has done a lot of trapping and zone creation over the last few months. Let's use this to our advantage! Personally, I believe the price may be ready to introduce some buyers. This level seems to be exhausted and the price is stalling here, could buyers grip the market over the next few days ⁉️ Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Long
by AlkalineFX
36