SHIBA keeps mimicking DOGE !! It's even dipping the sameLet's be real, DOGE and SHIBA are shitcoins, but they're fun, especially when you notice that they move pretty much the same over time.
In orange is DOGE, as you can see the similarity is huge, even more if you consider they are two shitcoins driven by a dog and some muskpump.
So what do you see ? Yep, seems like it's about to go doooown if we break the 4245 mark. Of course, as always, SHIBA won't follow charts but if it naturally follows the DOGE fate, then I would say it is really likely gonna go down a lot more. It could also stabilise at the 4900 mark but that will require momentum to be built between 4245-4900.
Shibusd
SHIB Direction SHIBA INU Hey this chart is a weekly chart of SHIBUSDT, the price had spiked initially and had sold off for the last few weeks since the all time high. Heavy buying should start once the midpoint yellow line is reached as it is a strong demand area. Price should gradually increase after that and volume should pick up. Buy and hold!
SHIB! Swing Set upSHIB!
As anticipated deeper pullback. It’s getting amazing RISK AND REWARD!
We might see this bad boy fly.
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SHIBUSDT , Where we gonna go ???Hello everybody
According to the chart that we shown everything for anyone , in here we have powerful zone for supporting the price and that take the price go up to new ATh .
We have downward trendline it should be break that the target on chart we shown is on our way to reach and in here we expect that the price can support and can move up to reach last ATH , but anyone should b conscious and watch the chart in multi time frame then it can be take signal and buy and enjoy your profit
Previous analysis :
Good Luck
Abtin
SHIBA - Not a good time to Enter!On a 4 hour chart, as you can see, it is in a downward trend. The $0.00004470 support area is significant. If this support is lost, we will expect a decline of 20% or more. I have not seen a good sign to climb so far. In my opinion, now is not a stable and safe situation to buy. Wait for the climb signs to appear.
I suggest waiting to enter for friends who do not have enough experience by breaking the resistance and creating stability.
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart.
The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel.
Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon.
Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021.
Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down.
In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price.
What are your opinions on this? I love reading your comments below.
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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 #bitcoin #altcoin
SHIBA INU - 20x of 2020'sHello everyone!
This is a chart analysis of Shiba, I believe the leg down from .00005 to .000007 seems to be a portion of the correction leg that occurred in Bitcoin between April and September. The future price gains are expected to increase within a few years.
A strong bullish move up to (iii) and (v) wave levels are expected, to break all time highs. Price ratios and indicator values recommend an even stronger momentum however I may not add it as part of this prediction. Crypto markets seem to be continuing their major bullish trend for about another decade or so, Shiba may be one of the best gainers.
This chart is shared as an educational idea, pay attention to your investments and good luck!
SHIB/USD - Bullish Divergence! Time to pump approaching?😍SHIB’s price fell 15% yesterday during the market correction breaking the critical support at $0.000050, which now acts as resistance. Right now, the price is about to retest the strength of the support at $0.000044, which held well on November 4th when SHIB had a significant crash. Failure to defend this critical support can encourage bears to take SHIB much lower.
RSI: The RSI on the 4-hour timeframe is making a bullish divergence with a higher low despite the fact that the price fell lower yesterday compared to November 10th. This reinforces the case that SHIB’s correction may come to an end unless the broad crypto market continues to fall.
The bias on SHIB is neutral at this time. The price action also appears to have formed a larger descending triangle with the base sitting at the key support. A breakout from this triangle will flip the bias bullish or bearish depending on which way SHIB price decides to move next.
It’s expected to see the price of SHIB just above the key support level at $0.000044. A break below this level appears unlikely at this time and would probably be triggered only by a significant market correction. So long this does not happen, SHIB has a good chance to break away from this formation and move higher in the future.
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SHIB getting close to the apex of the triangle! Here's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.0000562$
2. 0.0000625$
3. 0.000072$
4. 0.000081$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB is about to explode again!Hello, guys!
I don’t like meme coins, but Shiba Inu has the perfect signal. The price formed the Elliott waves structure, the Wave 3 have been already finished, the Awesome oscillator’s highest value on Wave 3 top told this to us. 0.61 Fib retracement of Wave 3 have been already reached by the price, it means that the target zone for Wave 4 was also reached. Wave 5 is going to start with the new price growth. The target for Wave 5 is defined as 0.61 of the distance between Wave 1 beginning and Wave 3 top measured from Wave 4 bottom.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
#SHIB SHIBA INU 4H - BIG MOVE COMINGShiba Inu (SHIB) is touching the bottom part of a long term trendline and it seems that there may be another parabolic move coming. I charted out the past two parabolic moves for spikes and timing and it seems that between 20-25 days the price spikes.
We could be seeing an 85-90% pump coming very soon. Keep an eye on the RSI and volume to help you exit your long position if you plan to trade this.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
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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 #bitcoin #altcoins
Shiba Emerging UptrendAs I said in my crypto watchlist vid yesterday, SHIBUSDT looks ready to break out of this short-term resistance level at around 5665. If we see a break of that level, it would create a new higher high after a period of consolidation, which often indicates a bullish trend taking over. From there I anticipate a large surge in buying pressure. Good Luck!
SHIB - Daily Chart ✅SHIB is consolidating in a sideways channel.
There are two resistance levels on the way up, pushing down on price.
And also, two support areas are holding the price up.
The market is showing Buy Volumes for SHIB right now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005394
Let me know your ideas.
Good luck.
SHIBUSD - PULLBACK TO BOTTOM OF CHANNEL BEFORE DUMPSHIB looks like it wants to move up before nice move down.
I would anticipate a pullback to the bottom of the channel which will act as resistance and cause a nice move to the downside. the pullback to the bottom of the channel will be around SHIB's ATH.
not trading advice.
have patience and stay safe
tg
SHIB is in new trend lineHello To All (Traders & Investors)
attempting to break the descending channel create a new trend line (ascending channel)
volume is good, we hear good news every day about SHIBA
i think shiba is very close to new explosion until the end of the month
THERE IS NO CERTAINLY IN TRADING,ONLY PROBABILITIES
TRADE SAFE
SHIB/USD - The Calm before the Storm! 🤩SHIB is due to pump soon. This compression of the price is bullish and the longer we stay with such low volatility the higher the change SHIB will explode at some point.
For the now bias is bullish and I'd expect a nice pump higher. However, we need to break above $0.000055 to get confirmation on that.
The fact that price escaped from the descending triangle in blue is bullish and that gives credence to a possible uptrend in the future.
Bitcoin is also looking sexy today, so the market may be getting ready for another rally later this month.
Get ready!
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