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!
Shibusd
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!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
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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Shiba Inu(SHIB) Ready to wake up! Technical analysis Hello. Shiba Inu(SHIB) has been sleeping over the past few days, but the next wave of SHIB enthusiasm may be coming... or not. In my technical analysis we will look at SHIB and where it may be going.
SHIB is a meme coin which went up tremendously last October. This November however, SHIB kept making lower highs as the price consolidated and the hype died down. However, the hype may come back to Shiba Inu very soon.
What makes this coin ready to have a third wave? Here are my reasons:
1. lots of bull participation on the price pointed by green arrows. Notice how they jump up to the orange dashed line.
2. Prior consolidation
3. RSI sitting at 50, RSI roaming around 50 levels is what I like to find for possible future rallying cryptos
4. SHIB is still in an uptrend in the daily chart. This is true until the green dashed line is broken with a big bearish candle and heavy volume.
My criteria to consider this an 'awake' coin:
1. previous high (.000058) broken, marked by a cyan line.
2. Orange dashed line broken with good volume
3. RSI breaks its own pattern
If the above criteria is fulfilled we may see SHIB rally to the 0.618 fib or 0.00007 levels. But first, we may see a move to the green dashed line before the rally.
Thank you for reading! Give feedback in the comments!
SHIBUSDT | The best scenario for climbing🏹Hello traders, Shiba in daily timeframe , In this currency, the main wave 1 and 2 have been formed and now the microwave, wave 3 is being formed.
We think that wave 1 of these microwaves is over and now we are inside wave 2.
According to our study, wave 2 will be zigzagged.
And from this zigzag wave a is being formed and from this wave a waves 1, 2 and 3 are completed and wave 4 is being formed, the fourth wave of probability is formed as a triangle and then the end of the triangle structure of wave five near the end of the wave 3 ends and then correction for wave b will eventually reach a fibo of 0.618 and if this fibo is broken, the correction structure that we specified in the image will change.
And after the end of wave b, wave c decreases as much as wave a.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Shiba Inu (SHIB) - November 15Hello?
Welcome, traders.
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(SHIBUSDT 1D Chart)
Over the 2613 Satoshi-2863 Satoshi section: Expected to continue upward trend (medium to long-term perspective)
It is necessary to check whether there is movement out of the 5000 satoshi-5700 satoshi section due to the volatility around November 17 (around November 16-18).
If it falls from the 5000 satoshi point, it could fall near the 3528 satoshi point, so you need to trade cautiously.
If the price is maintained in the 5700 satoshi-6532 satoshi range, it is expected to continue the upward trend. (Short-term perspective)
In the CCI-RC indicator, if the CCI line falls below the +100 point, it may send a long sideways section or a sharp decline.
Therefore, it is important that the CCI line does not fall below the +100 point.
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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 it is in an uptrend or in a downtrend, 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 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 the sake of 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 yet been released.
(Since it is not publicly available, 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 the 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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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: $0.00005285
Let me know your ideas.
Good luck.
💡Don't miss the great buy opportunity in SHIBUSD💡Hello to all dear ones
Guys, I have been waiting for the upward movement of SHIBUSD digital currency for a long time, and finally today has arrived, and I think we should expect a very good growth in these price areas in the coming days, be sure to monitor its behavior. I charted the minimum growth I expected for the currency in the near future
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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