Shibusd
SHIB/USD - 20% pump pushed back by resistance! 🙄SHIB bulls managed to push the price all the way to the resistance at $0.000055 after breaking away from the blue triangle. At one point, the price was up about 20% from the daily low.
If the bulls manage to turn the top of this descending triangle into support at around $0.000050, they have a good chance to break above the current resistance. If not, the bears may take over again.
Note that this latest rejection at resistance can be interpreted as another lower low on the chart. The bulls really need to push higher if the trend is to change. Therefore, any celebrations might be premature.
The bias on SHIB has turned bullish with this breakout. However, to maintain this bias, SHIB price must not fall under $0.000050.
SHIB looks like it has a good chance to return to the uptrend. This latest move has turned the bias to bullish, and if the price manages to hold at the $0.000050 support, then it has a real chance to turn the indicators on larger timeframes like daily bullish again. Until SHIB breaks the current resistance at $0.000055, it’s expected to see the price bounce between these two levels as the bulls and bears fight for dominance.
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SHIBA - on the way to leave DOGE in the dustFirst of all, analysis is made on 1D chart but 12h has more details so I chose it for publishing.
As you can see SHIBA is in triangle formation (I would even say pennant pattern because it's trend continuation pattern and I expect further upside price movement here).
Last few days SHIBA has created higher low and approaching resistance trend line.
Also you can notice hidden bullish divergence on RSI (it is visible on D chart) which confirms potential breakout.
Volume is also decreasing, and if we see breakout and volume spike I would look for triangle target of 10500 sats.
If SHIBA smashes true 10500 sats, my next target is 1.618 fib. extension which is aprox. at 18700 sats (240%).
If breakout ocure, last resistance that I in my opinion can slow down SHIBA a little bit is Anchored VWAP level (blue line on chart currently around 6300 sats.
Good luck to all!
SHIB is in new trendlineHello to all (traders & investors)
SHIB is in new trend line (ascending channel)
Volume : increasing
RSI : in ascending channel & balanced (we got a little divergence too)
Wave is more like ‘bullish engulfing pattern’ with little difference
There is no certainly in trading ,only probabilities
TRADE SAFE
Monsieur? SIr? Señor? Sayın? Mate? Woof? 20K SHIB = $1?There is a mysterious fake dog that has appeared in cyptophere that recently made headline and should continue from all indication. This PoopCoin is called SHIB or Shiba Inu. A business-type copycat dog who stole the Rocket fuel from the Real Rocket play which is DOGe with the SpaceX named DOGE-1 mission. BS Mass media in the US is on Elon's care and the reason why I get my information from the original sources. Love anything Elon says and the world is generally too stupid to understand him
If you hate Elon, have you IQ checked because I'm willing to bet that most of the hate comes from the types with inferiority complexes. You know, the bully in the playground that hates your guts because you're such a formidable trader somehow end up with all the precious marbles. Well SHIB is the business bully. He wants to complete with the cool dude that has the real rockets and not just hot air!
BUT, never, ever underestimate people. Especially those who want a leader. They will either follow real leaders or follow well dressed and well spoken salemens in ties. Like all coins except Bitcoin and Ethereum, this is a shitcoin that is the most lucrative $HITcoin I have ever seen. Good luck trading it, do not follow me, I am not SHIBarmy although I truly admire how they march.... There's going to be a Krazy story for sure here I think... :)
So 20K SHIBS for $1 USD. If you're suffering from inflation or hyperinflation, out a few legacy coins on this shinny new puppy. At best, think of it as a FOREX dog you can graph. I little volatile but if this thing hit a penny, it might become the world penny.... Don't apply classic math here people, we're entering a new financial reality that few of us are prepared for!
$SHIBBUSD
$SHIBUSDTrash
$SHIBBRL
$SHIBEUR
$SHIBTRY
$SHIBAUD
$SHIBDOGE
Note: this is a highly votalite trade, I will likely not post entries and close, please look at that other traders are doing. I'm more of a Bitcoin and Eth HODL and trader for safely.. This is just a very lucrative sport but the wipeouts are easy and they hurt. When everyone panics buy some when everyone is exhuberant sell half. Repeat.
SHIB show us some good signs..Hello To All
MA 20 going to cross MA50 and we got a hidden divergence somehow
this past couple of days were very important to SHIB
because it proved 44-48 is very strong support (as i said in my previous ideas)
i think we are good , just hold and wait .
" There is no certainty in trading , only probabilities"
TRADE SAFE
SHiba inu reaching a support level againShiba inu has reached a key support level that I have drawn before.
it seems like a good situation to get into the market to go long.
However,please pay attention that still there is a resistance zone on the way so we won't decide about it until this resistance gets broken
check the link below to see the previous analysis.
SHIBA - Price stability or decline?In a 3-hour timeframe, Shiba was in a downward trend, but finally managed to break this trend, but I still didn't see a good stabilization from it. To reach higher targets, it must break its $0.00005840 resistance to stabilize its price to some extent to reach higher targets. Be sure to consider price reactions and proceed with risk management.
MY MINIMALIST ANALYSIS FOR SHIBA INU$SHIB
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.06.21
0925H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR THE NEXT BEST ENTRY
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WAS A GOOD EXIT (shaved off the bulk of the SWING TRADE) and We are now looking at an ENTRY that we can TOP-UP for our Investment.
Congratulating all those who have climbed the SWING together with me.
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
#SHIB ready for another wave up! Potentially 140% Rally ahead.Welcome to this trade setup. Last time when I called the SHIB breakout around $.028 many people made insane profits when it rallied 200%+ all the way to $.0896. The chart shows similar fractals.
BTC broke out and made a new ATH resulting into retracements into altcoins.
SHIB on the other hand broke out of the triangle which is a continuation pattern.
As per pattern it could rally almost 140%+.
I know this is huge as per the current Mcap of SHIB but who knows!!
This market is insane.
As long as it stays above the 21D MA mark we could see fireworks in SHIB.
ENTRY : $0.50950 to $0.5500
Targets:-
$0.062
$0.073
$0.086
$0.097
$0.109
$0.125
Stop Loss :-$0.044538
DYOR before taking this trade. This coins is already up alot so trade with Stop Loss, always.
If you like me to post more if these setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE
SHIB Upward Momentum .00008 -.00009 expectedShiba Inu is potentially breaking up at the moment. Watch for sustained strength, as well as volume follow through on this play. I think this particular setup has a good chance of playing out. I have an upper target zone of .00008 -.00009 based on FIB and the extrapolation of the triangle move as well both finding confluence there. NFA , DYOR
What will be the next move of SHIB after it breaks the pattern ?* SHIB In 4H time frame appears with a Descending triangle pattern, with it's resistance as above trendline and the support zone around $0.000042.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the pattern breakout.
* If Shib breaks the support zone it will drop till $0.000024
* Price above the resistance is bullish.