Shibusd
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.
They took it to the vetInstead of putting the dog down the caring owners seem to have taken it to the vet for some expensive fur baby treatment instead. This last gasp keeping Dogcoin millionaire dreams alive is based on rumors of listing at a new exchange (Kraken). Remember, just because it is listed doesn't mean people will buy it there...
This sets up a good short opportunity for a mean reversion trade. Targeting the region of the last pump.
SHIBA - Downtrend situation!In a 4-hour timeframe, as it has been said many times that I do not see Shiba's condition ascending yet. According to the long-term downtrend line, if it can break this line and also find a price stabilization above the 4400 range, we can expect it to climb. If the 3240 support is broken, we will see a further fall.
6 year old's Chart Analysis SHIBI think SHIB is too much fun haha... I've sold some today to buy ELON and DOGE again (same shitcoin category?). This SHIB dip seemed too calm, I guess the old heads were waiting to see a flush down. I'm not convinced that we are out of the woods yet, but if it's going up, I won't fight it. Kraken kids seem to have a lot of money lol.
SHIBA INU ROCKET(HODL) KRAKEN LISTINGSHIBA INU LISTED ON Kraken Exchange
November 30 — at which point Kraken will enable order entry and execution.
SHIBA INU is now listed on coinbase / binance / etoro / webull and many more
DONT MISS OUT more platforms listing soon as well
Deposits require 20 confirmations (~5 minutes). You can add SHIB to your Kraken account
Half of its supply of one quadrillion tokens was sent to Ethereum creator Vitalik Buterin, who donated ~$1 billion worth to India’s Crypto COVID Relief fund. He later burned the remaining tokens (an estimated 40% of the supply).
A little lower before things get really interestingI love the little rally, but my most pessimistic self tends to be correct when it comes to this stuff.
I see a move down to at least the .000040XX range again before we get a feeling for whether the downward trend has truly ended or not.
We'll know very soon.
SHIB/USD - BREAKOUT! Entry at retest looks JUICY!!! 🤩SHIB broke above the bullish wedge. An entry at the re-test of $0.000039 support would be ideal if this is NOT a fakeout...
It was time for SHIBA to bounce and pump after a 60% drop.
Risk/Reward looks good on this trade.
Bias is bullish at this time. Bullish cross on MACD too... lets go!
Enjoy the ride.
Like and follow if you liked my idea!
Shib is Building Bullish Divergence!!Despite all the reasons everyone else wants to sell Shib and get to the " Golden Support for Buyers" we are holding strong!! Selling pressure is still kinda high I feel.. but, we are taking it very well! Sorry, I'm not really talking numbers, but you can let my technicals speak for me per say.. Bullish, Happy Trading :)
SHIB forming a bigger falling wedge! Keep an eye on this!Here's a quick Look at SHIB 8 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 0.0000452$
2. 0.00005$
3. 0.0000562$
4. 0.0000625$
5. 0.000072$
6. 0.000081$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIBUSDT , Until this time the trend is upwardHello everybody
According to the chart you can see that the price is ranging in correction wave and we think the price is ready to make a triangle and if this happen the momentum of downward is becoming weak and the price have the power to go up and reach to the resistance , and if first resistance break ( red box ) it can go up more and reach to the second resistance .
In here is one of the most important support level , and we expect the price can support in here and can go up to the next resistance
Previous analysis :
Good Luck
Abtin
SHIB Shiba Inu Retracement Completed ! Buy Opportunity?If you haven`t bought SHIB at my first call, at 0.00000684usd:
Then you should know that if we extend the fibonacci retracement tool from its strongest support, we can see that the price drop target was 0.00003800 (the famous fib 0.618) which was touched multiple times and then bounced back.
I see this area as a good entry if you want to long SHIB Shiba Inu once again.