Shiba Inu will double in price, right now!
Shiba Inu is absolutely ready for a massive breakout! I recommend to buy Shiba Inu right now because the technical analysis gives us a strong buy signal!
As you can see, the price is breaking out of the descending channel with a successful retest. After the retest, I don't see any reason why Shiba should go down at this point.
There are absolutely no unfilled GAPS below the current price, so it is extremely positive for the bulls. There is no reason to short SHIBA for the bears; they would prefer other coins.
From the Elliott Wave perspective, inside the descending channel we can spot a zigzag, which is a corrective pattern. Usually, you want to buy a breakout of corrective patterns for an explosive move!
There is no doubt that Shiba Inu knows how to pump drastically, and what can happen to you is that you wake up in the morning and you will see a huge green dildo, so I think you want to fill your bags before it happens!
Also, we have a double bottom pattern on the macro scale between the previous swings from June 2022 and December 2022. Another great sign of a trend reversal.
The most important question at this point is where to take profit. You don't want to take profit earlier than at the POC of the previous symmetrical triangle from 2021–2022.
Be greedy and make sure you double your investment! Also you can long on futures with a reasonable stop loss!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
SHIBUSDT
Comparison charts: $SHIUSDT Shina Inu and $SHIBUSDT Shiba Inu🎀SHI Price Live Data
The live Shina Inu price today is $0.000003 USD with a 24-hour trading volume of $1,090,914 USD. We update our SHI to USD price in real-time. Shina Inu is up 25.23% in the last 24 hours. The current CoinMarketCap ranking is #2761, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,000,000,000,000 SHI coins.
"Shina Inu is a decentralized meme token on the Ethereum blockchain. Its mission is to give back to the crypto community, give to charity, and win the heart of the greatest token of all time, Shiba Inu!
Shina Token is a very fun meme token project that has sold many rare and beautiful NFTs. NFT sales are used to support the team and provide upcoming features such as exclusive access to events and rewards that will soon be announced."
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
SHIBA after the retest 🚀🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
and
we expect to see gain and pump from here ✔️
besides
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIBUSDT heading again for 0.00001276, the 4h resistance levelPrice shot a bit up from the expected resistance level mentioned in the last post and also depicted in the chart as L2., however, it is pushed back to the level shown on the chart as S3. Now price has a likelihood of following the step L4 which will bring the price to the level 0.00001276 again. I will assess it again when the price is there.
Shiba Inu SHIB Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Shiba Inu SHIB are:
SHIB/USDT shot
Entry Range: $0.00001200 - 0.00001300
Price Target 1: $0.00001100
Price Target 2: $0.00001000
Price Target 3: $0.00000950
Stop Loss: $0.00001460
SHIBUSDT heading again for 4h resistance zoneThe last post expected to break 4h resistance on the next attempt, however it did bounce from 4h support to 4h resistance, but could not break it and fell back again to the 4h support area. This time again it has found support there.
It is likely that the price will attempt to reach the 4h resistance region again. We evaluate the price action again as soon as the price reaches to the 4h resistance zone. That evaluation will guide the probability of the direction in which price is likely to move.
SHIBA: BULLISH FLAG PATTERN - LONGBullish Flag Pattern on Shiba Inu coin for a possible Long continuation.
A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag.
SHIBA INU range and brief gain 📖🚀Hello 🐋
Based on the chart
the price is close to the major support ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Shib Inu COULD this BE TRap?>? SHIB INU Price Analysis I kinda see a bit of a pattern forming here with SHIB INU on the 4 HOUR ChART .
You can see that we are in an upward wedge here. But at a very critical area of Resistance! COULD this be a Bull Trap ?? I think its possible by the looks of this chart.
So Shib needs to break the .00001212 LVL And then we could see SHIB hit the .00001255 - .00001308 LVL or it will go back and test lower LVLS!
THOSE low areas it might touch could be the .00000989 LVL - .00001047 LVL.
Keep it real out there folks ! :-)
SHIB INU Price Analysis (30 Min Chart)Here's what I'm seeing in today's 30 min chart .
SHIB NEEDS to hold this current area of support around .00001204 IF SHIB Wants to continue on to the upside.If this happens, SHIB will most likely go back up and test the next area of around .00001255 -.00001308. AND then .00001365 LVL will be looking pretty reachable from here.
IF SHIB Cant hold this current Support Zone, we will see the coin drop back down to the .00001140-.00001201 LVLS With LOADS of SUPPORT around the .00000989 - .00001047 LVL .
Thanks for looking!
Have a great day everyone.
✴️ SHIBUSDT | Necessary Retrace (Name Your Altcoin #16 ✅)
Recently, Shiba Inu conquered EMA300 and hit a new high... You can check the 'Related Ideas' below to find this article.
Now that EMA300 has been conquered, SHIBUSDT can move back down to test it as support, this is the tricky part.
The retrace can last a few days, say 1-3 days, just as it can go for weeks.
Prices can drop just a little bit just as they can drop a lot, here it varies wildly and how this pair behaves depends on the overall market sentiment.
The bias and trend remain completely bullish of course.
Bear volume is really low yesterday, on the first red day and low also today, which tells us that the retrace is likely to be short rather than long but still, it can vary everyday.
The broader perspective says additional growth will follow short, mid and long-term.
Namaste.
SHIBUSDT, new upward trend! 📈🦬 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. Shiba has been in trade range and accumulation and broken its descending trend as we expected. For now under resistance base 1525-1585 which you can save your profits or manage your positions to reach the first target because of BTC's situation. The main targets will be 17 and 28.
Good luck.
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Write your comment and opinion below to me
SHIBA ready to gain 🚀Hello 🐋
Based on the chart
the price is close to the major support and better to say the previous zone that started its amazing pumping to the upside ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Will Shiba Inu start growing again❗️❓🦊In response to the question I raised in the title of this post, I must point out some points that may help you choose Shiba Inu in your portfolio.
The good news for Shiba Inu is that it was able to make a Higher Low (HL) on its chart, as well as break its important downtrend line. But since the Shiba Inu is currently moving near the PRZ(Price Reversal Zone) and the downtrend line, I expect Shiba Ino to push back to the important downtrend line in the coming days and next week.
Another good news is that if Shiba Inu can break the PRZ zone and the important downtrend line to the top, there is a possibility of creating a fan principle at the bottom pattern, which is considered one of the classic reversal patterns, and it is possible that Shiba Inu will start its uptrend again with this pattern.
If the Shiba Inu can make a daily candle above the heavy resistance zone & 0.000018USDT, then I expect the Shiba Inu to make 😱200%😱.
Shiba Inu Analyze ( SHIBUSDT ) 2 days Timeframe ⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
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