Shibusd
Don't obsess over the ups and downs of the Bitcoin.Hello friends,
Shiba Inu coin was created anonymously in August 2020, According to the SHIBA INU (SHIBA INU Rank #13) website, SHIB is the “DOGECOIN KILLER” . A Possible scenario is shown in the chart.
1- The Cup and Handle is a bullish reversal chart pattern.
2- Safe Entry: Price over 50-day moving average (just for SHIB).
3- Take-Profit (final): When the price reaches an increase equal to the height of the cup.
Every hear the saying, "Buy low, sell high", relative levels!
Market Cap SHIB Dominance:
Investing 10%:
Start with 10 percent (of your money) and aim to gradually increase that amount over time (Max 20% Total).
SHIB - Daily Chart ✅Let's see how SHIB is behaving.
This is a 1H chart.
SHIB has gone through corrections and fallen on the support levels.
The market is still showing Strong Sell volumes for SHIB, and as you can see on the chart, two support areas are strong for holding the price up.
There are also two other resistance areas pushing down on price.
The Bollinger Bands are close to each other but expanding, which is not a good sign for the short term. The price is pushing down on the lower band.
The RSI shows that SHIB is oversold, and it tries to gain volumes to go back up. But it's so weak that it's falling again.
The readings show that it was going back up to the center (50), then it got rejected and pulled down on the way up. But it's still a very week for this weekend. Watch out because more Sell volumes might appear.
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: $0.00003526
Let me know your ideas.
Good luck.
SHIBUSDT , We supported from support zoneHello everybody
According to the chart you can see the price was impacted to the support zone area and we expect that can support and go up until the target area and reach to them
If it can break the area of resistance trendline we expect the 3rd target and next resistance zone is on our way
Previous analysis :
Good Luck
Abtin
SHIBUSDT trade target hit. NEXT strategy?SHIBUSDT trade hit overall 1500% profit. Now its going into area of accumulation period. Final entry for buy position will be between 38% -23% fib level. Trade will boost up as it crosses final resistance.
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Shiba Inu (SHIB) - December 5Hello?
Welcome, traders.
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(SHIBUSDT 1W Chart)
If the price is maintained above the volume profile section that is being formed at the 2613 Satoshi point, it is expected to create a new wave.
If it falls from the 2613 Satoshi point, there is a possibility that it will touch near the 1808 Satoji point, so you should think about how to deal with it.
The wave is not complete and requires careful trading.
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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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Shiba Bull & Bear w Support & TargetsShiba's price action is similar to DOGE when it first started getting hyped. However, I do not believe the hype will last over the years.
From an Elliot Wave POV, SHIB is currently in grand wave 4/5, and I believe there is room for one last pump. Grand wave 4 will probably be a flat consolidation over the days when the bottom is made. My wave count gets invalidated if we hit the wick zone. Room to go lower on the Wolfpack and RSI. SHIB is a HIGH RISK play and should be traded with caution. Price targets are predictable and safe if you have a solid risk management (SL) for each level. Entries in demand zone with tight SL for the swing. Trading the weak support zone will require you to be on a smaller timeframe. I have orders at the wick zone in case we get lucky. Stay diligent and good luck!
SHIBA - bearish attitude. Falling to supportThe mood of the coin is a bit negative; after a deep false breakout, the price should go down according to the principles of price movement. given the crisis around the world and in all markets, we are likely to see a drop.
If:
the price will return to the support level 0.00003602 and will break it, then the chance of a breakout is great
I am waiting for a breakdown and a fall in the price to support 0.00002893
SHIB - Daily Chart ✅Let's see how SHIB is behaving.
This is a 4H chart.
SHIB has gone through corrections and fallen on the support levels.
The market is still showing Sell volumes for SHIB, and as you can see on the chart, two support areas are strong for holding the price up.
There are also two other resistance areas pushing down on price.
The Bollinger Bands are expanding, which is not a good sign for the short term.
The RSI is showing that SHIB is oversold, but we can't tell when exactly it's going back up to open long positions for now.
The readings show that it was going back up to the center (50), and then on the way up, it got rejected and got pulled down. But it's still a very week for this weekend. Watch out because more Sell volumes might appear.
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: $0.00003733
Let me know your ideas.
Good luck.
SHIB to break-outI'm bullish on SHIB. Shiba Inu has been trading in an extremely bullish pattern for the last few days and actually months if we talk about the bigger channel in pink. It did break out of the pink pattern once on last Tuesday but has been correcting since. Now SHIB is literally on the verge of 3 important patterns, 2 bullish patterns (big and small) and an extreme resistance level of 0.000036. I believe it can moon and reach the closest target of Fibonacci 62% at 0.000065. It's already on its dip, so there's a little to lose even if it doesn't but remember this is NOT a financial advice.
SHIB on track for 0.00007400If you haven`t bought at this first call, when SHIB was 0.00000684:
or when the retracement was completed:
then you should know that SHIB is still on track for 0.00007400usd.
i have determined that value by using the Fibonacci extension tool and choose the Fib 0.618 as my main target.
Great opportunity for KING SHIBAfter breaking the downward trend line with high strength, we needed a pullback to climb, which is now a nice pullback and is returning from this point.
Other indicators also promise the beginning of an upward trend for Shiba.
(Stick to your #SHIB, which is a big rally is on the way)
Shib Starting the next set of Waves on the Hourly, BULLISH!!!Goodmorning everyone, I've taken off of work today because of a badddd toothache, but the gains will help negate that lol. I'm still very bullish on shib, looks like we just completed a Whole Elliot wave on the hourly and we are staring the next WAVE 1 Now.. Which means that on a higher timeframe we are just now starting wave 3 of the overall larger picture. My prediction is that the overall wave will touch the ATH again soon, retrace back to the .00006-.00007 area then create a new all time high from there..
Not Financial advice, this is just what I currently see going on at the moment, all of my shib calls seem to have been correct in the last few days.. this post may not age well so dont come at me lol.. Have a great day yall, Happy Trading!
SHIBA INU HAS FINISHED ITS SELL OFF AND READY FOR ANOTHER PUMP!Shiba Inu has finished its sell off and it is ready for another pump. The old weekly resistance level (0.00003597) has turned itself to a strong support level and hence we have a clear demand zone now. SHIBA INU now just need some more time to accumulate before the next pump. NFA!
SHIB, you should buy, the path is different before the new ATHshib (the futures price shows 1000 times). Currently there are two possible paths, which will be resolved after the second wave of expected rise.
The first wave of uplift has been completed. Currently stepping back to the 47-42 range.
After stepping on, the target area for the second wave is 62-66.
Then, it depends on whether the stepping 54 is supported. Use this as the criterion for distinguishing the two paths.
The process is just different. If it breaks, it may go back to the 36th outsole and step on it again-most likely it will be stepped on.
The mid-line target remains unchanged, 122-142 after the new high.
In short, you should buy now, try to hold to 62-66, the contract will close a part of the position and stop loss in place, or spot the principal.