Shibusd
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.
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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
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)
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: $0.00005123
Let me know your ideas.
Good luck.
the final swing ~few of us got into shib back when it was still moving sideways via:
has come quite a long way lol. i've got a friend who retired thanks to shib ^^.
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my upside target for this last push up takes out another 0 from the price. i'll be taking profit every 25% on the way up if it does pan out.
ps. this is a meme coin, the most dangerous kind of trade in crypto. if you do buy this thing up here, please do make sure to have a stop loss.
SHIB printing a bigger descending triangleHere's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.00006$ with good amount of volume .
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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$
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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 - 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.