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Shibusd

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.
by ShawnMCR
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.
Long
by Bilguun0112
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!
Long
by A1Millionaire
7
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.
BINANCE:1000SHIBUSDT.PLong
by B_Maxx
SHIB - Buy only after that !!!Shiba Inu has been moving in a downtrend for a long time. The price has already corrected by almost 60% from its high. This is quite a lot and it is already worth looking for turning points. Locally, the price broke the important level of 0.00004$, the next important level is 0.0000353$. I don't know if the price will reach the big value area, but if it does it would be the best buying opportunity. You should also pay attention to the trend line, if the trend line breaks, this could 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
17
SHIB - Daily Chart ✅SHIB has broken the resistance in the past few hours, and now it's going back at support to get more volumes. The market is showing Buy Volumes for this coin right now, so don't open any short positions without more confirmation. There are two resistance levels on the way up and two support areas on the way down, which help hold the price up to consolidate. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $0.00004710 Let me know your ideas. Good luck.
by ShawnMCR
9