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!
Shibusd
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
Shiba Inu - Daily ray rejectionHello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Note:
To see more information - review the linked ideas for more crypto and through the analysis links which provide explanation's for further resources.
Also to add - regarding the simplified method of the Shib Burning model, a full detailed model will be available - please contact me for further information.**
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Review the full analysis below;
Monthly Imbalance
Thus far there is not an abundance of Data provided from brokers and platforms - further imbalances will become clearer, however with data analysed - price had immediately sold off upon listing. Creating an immediate low of 0.0000569. The identifiable formation is a cup and handle which can be more visible on the weekly and four day chart. However with an introduction of further establishment of the traction from fundamental plays where new listings occur price can adopt an established consolidation. So new entrants to the market who began immediate price action on the monthly basis begin an immediate change of hands adding buyers to a selling market from the inception.
This has now created a trading rang on the following four months listed whereby 0.0000471 is the established low point forming the monthly imbalance as well as the upper range of the imbalance reaching 0.00000979.
The weekly Imbalance
The reason here for the half candle imbalance is provided for two reasons;
1. Being the Formation of the 50% low Fibonacci from the peak 1.00 at the introduction of Shiba Inu to the market.
2. The second reason for the 50% candle imbalance - is due to the upper 50% quartile using probability for price to retest the body of the candle for buying targets.
Price did change hands from a selling market by creating three consecutive higher lows on the weekly timeframe, offering a >50% probability for buying power and long positions to be taken.
Again using a fundamental backing with further adoption of users and further development of the project to become a useable token, the development through to the usage of Leash and Bone. - revert below to what is Leash & Bone.
8 Hour formation;
There is a combination whereby the grey bottom correctional channel line is a 4hour line, but this as provided by the screenshot shows a clear 8hour view also encompasses the correctional channel.
The channel has offered price action to move towards the upper channel boundary which will now play an important break and retest or rejection for longs as the imbalance has now formed upon the 50% high probability of a rejection of the pivot zone.
Daily talk points
The daily ray is intact with 3 zones of a trend rejection showing the longs are in positional play
The daily close out of the correction shows that the 50% and 0.000047X is a strong psychological value which rests upon a daily and weekly imbalance zone.
The lower highs being created from the wicks by looking left have offered shorts to be closed out and retested with sellers unable to provide lower lows in the market.
This is a sign the trend is reversing for you support and resistance traders.
Please be aware that while analysing ETH, BTC, XRP, ADA - the reversion imbalances have often tested 70.5% so expect a pullback to the weekly zone as shown below. To see further studies of this - review my other analysis'.
What the top formation correction would offer at a high probable scenario
The chart speaks for itself as to what occurred.
Do you enjoy the setups?
Professional analyst with 5+ years experience
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXI
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.
Austin PowersLooking at the weekly timeframe you can cleary see structure has formed and is giving obvious bullish momentum.
We are only looking for buys in this market.
As this will be a long term hold for me and I will be following structure the entire way up.
Like, comment, follow and pay attention to the news on forexfactory.com
you can find the news in the metals section
SHIBUSD - new support reachedGuys!
I my particular opinion, price has reached new support.
I will open new position (0.5% of my portafolio, if it´s touched again I will open another 0.5%, all with 8% trailing stop)
Any comments?
Thank you!
i.o.
Shiba INU Last Round? Nov 10On Sunday, Nov. 7, a block registered on Etherscan shows a single transaction for 20,000,000,000,000 Shiba INU tokens for more that $1.13 billion U.S. The purchase originated at crypto.com
Wait for the triangle to break from above if you want to buy.
There aren't much information about SHIBUSDT