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 $0.00005840 resistance to stabilize its price to some extent to reach higher targets. Be sure to consider price reactions and proceed with risk management.
Shibusd
MY MINIMALIST ANALYSIS FOR SHIBA INU$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.
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