SHIBUSDT
SHIB🐕 breaking out once again? 2Wassup guys! This is a follow-up to my last SHIB idea where we had no trade in the end...
It's still the same song as we are knocking on the cyan channel upper edge (daily timeframe) again and again:
Price is consolidating right below the channel upper edge in form of symmetrical triangle which is usually continuation pattern. It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001375. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout. If you would like to see SHIB pumping, just smash the 🚀 button! 😀
ENTRY : local high @ 0.00001195
STOPLOSS (SL) : local low @ 0.00001129
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001375
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBA is completing the retest 🚀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 🐋
Shiba Inu - 191% extreme profit! (unbelievable)
It's absolutely unbelievable for Shiba Inu coin because the technical analysis shows an extreme pump is likely in the immediate short term!
If you like Shiba Inu, you must hit the like button right now to support the future of this coin!
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!
From the technical perspective, we can see a descending parallel channel on the daily chart that is very close to a bullish breakout. Also inside this descending channel, we can see an ABC ZigZag corrective pattern. With this confluence, we are pretty confident about an explosion to the upside.
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.
We have had a 92% correction from the all-time high. There was a massive bear market from 2021 to 2022. The bear market has been completed as an ABC zigzag pattern from the Elliott Wave perspective.
What is the next strong resistance on the way up? 0.00002514 and 0.00003384 without a doubt. They are both strong resistances, where we can definitely experience some selling pressure.
I am telling you that this is going to be massive, so make sure your bags are full with the Shiba Inu coin. You can buy on the spot or go long on futures with leverage.
Thank you, and for more ideas, hit "Like" and "Follow"!
SHIB MAY RALLY ANOTHER 40% IF THE PRICE WILL DO A BREAKOUTSHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%.
But the prices and the bullish closings of recent daily candles are following a neutral or bearish sentiment by respecting the upper boundary and the resistance formed. If the price still manages to respect the upper boundary and the resistance as a sell zone, there we may see another bearish trend that can revisit back toward the support highlighted.
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SHIB🐕 breaking out once again?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
After this accurate call...
...the price has been testing the channel upper edge from daily timeframe repeatedly the whole last week:
Also price is consolidating right below the channel upper edge in form of symmetrical triangle which is usually continuation pattern. It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001410. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout.
ENTRY : local high @ 0.00001220
STOPLOSS (SL) : local low @ 0.00001179
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001410
REWARD RISK RATIO (RRR) : 4.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBUSDT 1HSHIB at this moment is trying to pass the cloud from bottom to top, forming a triangle. A clear accumulation movement that will result in an upward explosion.
Main support levels : 0.00001150 / 0.00001134
Main Resistance Levels : 0.00001163 / 0.00001177
MM100: At the height of $0.00001153
RSI: Exhaustion of Buying Forces
To date, Shiba Inu's burn rate has seen a whopping 28,850% increase in the last 24 hours, which is the highest percentage increase on the network seen in recent months.
Shib Signal Jan 2023: Layer1/Layer2/Layer0 Portfolio ReviewPosting this up to see where it is in the future. .
If shib is really going to become a platform then I guess i'll have to include it .. ... (i also understand it is not the gas token that would be Bone but close enough)
But IMO Ignoring the "meme" theme could very well be unprofitable . No time to get high-minded; The concept has proven to be lucrative in ALL 3 prior halvings.
(Also a good time to mention one of the benefits of a Layer1/layer0/Layer2 portfolio. you can get exposure to themes like Gaming/defi/Memes without having to think to hard. Find a platform that is thematic in nature)
SHIBA new volume 🚀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 🐋
SHIB breaking out?Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Shiba Inu seems to be ready to break up this triangle 📐 and IF successful I think there is chance for run to 0.00001204 following the orange uptrendline. I'm already long anticipating the triangle breakout. Interestingly enough the target coincides with the downward channel upper edge (cyan) on Daily timeframe:
Is SHIB going to test it?
ENTRY : local high @ 0.00001076
STOPLOSS (SL) : local low @ 0.00001025
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 0.00001204
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBUSDT, in accumulation and descending trend will break!?Hello guys, Everything is clear on the chart for you like always. Shiba has been in trade range and accumulation and now it seems that it wants to break its descending trend. It's better to monitor the volume of transactions to enter. The targets will be 17 and 28.
Good luck.
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