END OF THE HYPE (SHIBA INU) SHIBA INU 1/4 hours Supply/Demand & Wyckoff Pattern Formation Analysis
- Spring had formed
- Wait for LPSY (confirmation to enter long)
- Exit when it reaches 1 Hour Supply (UT/UTAD)
- Short Shiba when it reaches 1 Hour Supply (UT/UTAD) at the same time, or conservatively, wait for LPSY (test of UTAD)
- Take Profit at 1 Hour Demand
- Wait for LPSY (CONFIRMATION to enter long)
- Take Profit at 4 Hour Supply
- It's better to sell all holding shib coin at last sell price ( 4 Hour Supply)
- Short after UT/UTAD formed at 4 Hour Supply or wait for LPSY (test of UT/UTAD)
- Take Profit after Huge Mitigation (might be at 0.28175, according to fixed range volume profile analysis)
Shibusd
SHIB - Daily Chart ✅This chart might not look so accurate, but SHIB doesn't show any strength at all.
There is only one strong support.
The market is showing Neutral Volumes for SHIB, which means we might see consolidations for now, or even a sudden drop.
There are two resistance areas on the way up, pushing down on the SHIB value.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005123
Let me know your ideas.
Good luck.
the final swing ~few of us got into shib back when it was still moving sideways via:
has come quite a long way lol. i've got a friend who retired thanks to shib ^^.
----
my upside target for this last push up takes out another 0 from the price. i'll be taking profit every 25% on the way up if it does pan out.
ps. this is a meme coin, the most dangerous kind of trade in crypto. if you do buy this thing up here, please do make sure to have a stop loss.
SHIB printing a bigger descending triangleHere's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.00006$ with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from 0.0000615$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000625$
2. 0.000072$
3. 0.000081$
-------------------------------------------
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."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB - Daily Chart ✅SHIB is consolidating again. Bollinger bands are getting squeezed.
The market is showing Buy Volumes and looks disengaged.
When bands squeeze, then the price can pump either way. Considering Bitcoin and ETH touching ATH, we can say that a crash can happen.
Watch out for your positions and wait for more confirmation.
There are two resistance areas on the way up and two support areas holding the price up in case of a drop.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005519
Let me know your ideas.
Good luck.
IS IT TIME TO BUY SHIBA INU 🤔❓A lot of people ask if it's OK to buy a Shiba Inu. And other similar questions.
There is a trend line forming on the chart now, and once it breaks, you can try to buy this coin.
But we personally will not do it, because it is very risky.
The best, safest opportunity to buy would be after reaching the area below.
And of course don't forget to subscribe to our tradingview and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyse. 💚
Why is SHIBA INU dropping 😱❓In our last review we recommended buying SHIBA INU and since then the coin has risen 250%. We have pinned this idea below.
After that, we recommended to everyone we know not to buy this coin under any circumstances. And now we see that the price has corrected by 50% from the high.
Is this drop enough to buy?
No one knows the answer for sure, if the big players got enough liquidity, it's a good buying opportunity. But personally we would recommend buying after reaching the area marked below.
And of course don't forget to subscribe to our tradingview and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyse. 💚
SHIB/USD - Dead Cat Bounce... Likely to retest Support!SHIB’s recovery from the drop last week was impressive, but bulls failed to push the price above the key resistance at $0.000063, and bears took control again, pushing it under $0.000055, which now also acts as resistance.
This leaves SHIB with the support found at $0.000044. If the bulls fail to step up soon, a retest of the support becomes likely. Failure to hold there and the next support will be found at $0.000032.
The bias is bearish because bulls have failed to break above the resistance and the daily MACD gives no signs of any positivity.
Considering the price action of today, SHIB is more likely to retest the support at $0.000044 than to hope for another rally. As such, traders should be patient before considering an entry as SHIB may provide a better price close to support where, last time, bulls came back in force. Any long entries now can be assessed as high risk.
Like and follow if you like my idea!
Shiba Wars, Bears VS BULLSHello Shiba Friends, I am seeing with Shiba this Bullish Flag pattern but not confirmed yet.
My Predictions is if enough Fomo Buyers Step in for a major breakout of this trendline I believe we can see a significant move to the upside.
However with Both bears and Bulls quick ready to attack the Risk Factor still remains too high and we see further consolidation to the downside.
Most likely Bears Win for Now, The quiet before the storm is among us Look out for Any Solid news on Shiba as I Believe all Shiba needs is a catalyst and we could see a major move in either direction
#WhereMyWhales@