Shiba Inu Coin Offering a Buy Opportunity Before Leaping 11xShiba Inu token (SHIB-USD) has finally pulled back in a more complete Wave II after a powerful, mania-inducing Wave I. This Wave II pullback, shown in GREEN, may be over or it may have lower to go, but at any rate, once the I-II are set, we can make much more confident projections on where the extensions will take us. That said, it is a great time to buy SHIB, but it may be best to dollar-cost-average over the next several days to avoid any emotional attachment. This is a very high-risk play as this crypto has very little history, so please size your buys appropriately!
Once our pullback is complete, look for a Subwave 1 to take us between 0.00009 and 0.00017 for a 2x return. Expect the subsequent Subwave 2 to be sharp and deep before the Subwave 3 targets between 0.00053 and 0.00105 for an 11x return! Subwave 5 could eventually get us to 0.00159 to 0.00310, the returns for which I'm not even going to calculate right now.
Unlike with the other cryptos I track on my channel, I'm expecting SHIB to move very quickly and not align with the more established cryptos. As Elliott Wave patterns are fractal in nature, the time-duration ratios seen historically within SHIBUSD may repeat. If that is the case, expect the full wave structure to take 3x longer than the initial 5-wave impulse for Wave I, which would place the top around early February 2022. But of course, Elliott Waves are all about PRICE, not TIMING, so please take with a grain of salt! While I've pointed out several inflection points and targets, the rally may come and go before you realize it! So for that reason, be mindful of position size and keep an on this dog!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#shibainu #shibainucoin #shibatoken #cryptocurrency
Shibusd
SHIB Shiba Inu: Staying Above The Support LineHello friends, today you can review the technical analysis on a 4H linear scale chart for Shiba Inu (SHIBUSD), a cryptocurrency.
Quick Analysis:
1) The price is supported by a multi-month trendline.
2) Recently the price broke out of a Falling Wedge Pattern and is currently moving upwards.
3) The price is headed into a heavily traded area as shown by the VPVR.
4) Volume is still low.
5) RSI (relative strength index) has room for growth. It recently completed a Double Bottom Pattern and is headed higher.
6) Please review the chart in detail as many of the analysis points are already shown on the chart.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Shiba's bright futureAs you can see, Shiba has been in a triangle for a long time. Given the recent great fundamentals for this currency, I expect good growth before Christmas.
A bright future awaits this currency. Be a holder
Other currencies are on their way, and bitcoin can no longer stop them from growing.
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Support area: 0.000032 to o.000034
TP1: 0.000045
TP2: 0.000058
TP3: 0.000088
TP4: 0.00011
SHIB/USD - At a crossroad, can it break the downtrend? 😱Shiba is in a massive descending channel as shown by the chart. Lower lows and lower highs have been a constant in the past weeks.
However, there are some early signs on the indicators that we may be preparing to pump soon.
The RSI has been making HIGHER LOWs despite price falling lower = BULLISH divergence.
MACD histogram is also painting a bullish divergence.
These are early signs that a possible reversal or at least a stop in the downtrend is imminent. If Shiba can stop the bleeding and sit above the current support at $0.000034, then bulls will have a great base for a rally.
The first signal that this downtrend is over will be given if Shiba can leave this channel and break again above $0.000047. That will be a clear confirmation of the trend reversing.
Right now that appears far away, but don't be too disappointed. Price is curving nicely on this support and we all know Shiba can pump fast... so a reversal can be quick.
Also watch out for BTC and ETH as they will impact Shiba. See my ideas linked below.
Shiba bias is mildly bullish on this price action and a high risk / high reward play is buying the current support with a good stop under it.
Like and follow if you liked my idea!
SHIB/USDTPump coming , buy some and HODL , Targets $ : 0.000043 , 0.00005 , 0.00006400 , 0.000087 Shib has not need to any fundamental , all people in world know that , just should focus on technical . moon coming ...........................................................................................................................................................................................................................................................................................................................................................................................................................................................
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.
We publish precise and compact information which give you quick glimpse for comparative analysis. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button.
Shiba Inu (SHIB) - December 5Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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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.