SHIBUSDT
SHIBA INU (SHIB) formed bullish Gartley for upto 23.50% pumpHi dear friends, hope you are well, and welcome to the new update on SHIBA INU (SHIB) token with US Dollar pair.
On a 2-hr time frame, SHIB has formed bullish Gartley setup.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SHIBUSDT heavy pump ahead if breakoutSHIBUSDT needs to break 200EMA and trendline breakout is required for a heavy pump ahead. Current support at $0.00001 if we get a retest another long entry can be made in this area. Resistances & Supports are marked on the chart.
(press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
SHIBretesting the .618 currently on ltf elliot impulse
that might be all she wrote here tbh but see how it progresses
dog coins catching a bid on musk twitter aquisition
might push deeper here and tbh shib n doge are different things
doubt it gets intergrated into twitter jus cause its also a doggo coin
doggo multichain land a thing or nah? prolly not lmao
SHIB (bullish flag)SHIB / USDT
Price is already made a breakout from massive ten months descending channel in last August and forming a bullish flag above it
A breakout from this flag to upside will trigger a bullish movement up to 0.00002000$
A Local support of 0.00000980$ must hold to remain bullish
The power of buyers is still high!SHIBA has been up 14% in the last 24 hours. The price of this currency, which has just exited the descending channel, has returned from the support range of $0.00001020 to $0.00001070 with a not-so-complete pullback due to high buying pressure. The resistance in the range of $0.0000126 to $0.0000130 has been the starting point of a strong upward movement in the past. This area can be associated with a negative reaction. The power of buyers is still high, but as a result, the risk of purchase transactions has increased.
This resistance area has been the range of the trend change in the daily time frame and considering that the previous upward wave of Shiba had the power to break this resistance, this resistance can be broken this time as well. In this case, after a pullback, we will expect Shiba's price to rise to the resistance range of $0.000018.
SHIB/USDT Main trend (part). Psychology in the market.The main trend (part). The timeframe is 3 days. I finished the missing part of the chart with a marker. Fractal structure. At the moment, the drain from the peak of the pampa is about -70%. From the exit of the downtrend, a sideways pattern (horizontal channel 55%) began to form. Which may become the second phase of the cup pattern (as before) in case this sideways zone is held. The base of the cup is 300%.
Coin on the coin market: SHIBA INU (SHIB)
Last time (2 pumps) the stick pulled in a price of about +300%, absorbed all sales and then pummeled a total of +1500%.
Let me remind you, the very first pamp (1 pamp without liquidity, few people knew about the coin) was about +4000% Probably you understand that with the growth of price and liquidity of the instrument pamp significantly decreases in % ratio for obvious reasons.
Orient yourself adequately, also remember the price is now even though it is holding in a channel, but it is still in significant profit. Take it into account in your trading strategy and risk management.
[Trade according to the algorithms of your trading strategy, based on your experience and risk management, rather than emotional overreactions. Don't be a pixel of a controlled psycho-emotional market herd .
Right now, the price from the average set price of the previous accumulation zone is about +250% (similar to how the accumulation you are running on the chart earlier was also after the plunge at a maximum of +250% after the first plunge).
My past closed and public trade ideas on this coin (publications in the accumulation zone).
Closed. Working in accumulation (position established due to trading in the channel).
Mid-term work on SHIB/USDT
Closed. First planned target on exit from accumulation. 0,00003501
SHIB/USDT Main Trend (part)
Public. Fractal analysis with a DOGE clone
Notice where the marker markup ends on the chart, to the right of the trading idea itself.
SHIB/USDT 1 day - DOGE/USDT 1 week Fractal structures
Trading is the ultimate psychology, understanding people's desires and, as a consequence, their future actions through numbers and charts without contact with the people themselves .
Zone for local work now (channel formation). Timeframe 1 day.
I would like to add that the accumulation zone itself, which forms a horizontal channel, can be as long as you want (as long as you need), also it is logical to assume that stops will “wave” from time to time. Also, remember that even though the coin is in a sideways trend, it is in significant profit, even now after the plunge in the secondary trend.
You should not ask anyone where to buy/sell this or that crypto-asset. You should initially know for yourself under what conditions you will buy and under what conditions you will sell .
And how do you look at this probability?
Are you more comfortable with the first option, or something like that?
Is the wedge better, or the bowl? You know, thoughts and wishes have a way of coming true, dream about it, maybe your option will come true too. But always know, the average market participant (over 90%) even knowing somehow what will happen with a high degree of probability, will want to earn a little more—will lose everything or the waiting time will “kill faith” (his dreams).
After all, most market participants don't trade, they buy and “dream”. As a rule, they don't wait for their dreams to come true. It's worth noting that most buy crypto at a high price and by fiat, without their own understanding. This usually ends sadly. Such is the psychology of behavior.
Bursts of human joy and depression are displayed on the chart by volatility, that is, your potential earnings.
Attached beneath the idea are all my trading ideas on this miracle-yudo-monet almost from the beginning of its trading.
🔥SHIB make +18% from OUR entry point! What is the next target??🔥 Hi friends! THE last days the meme coins pumps on Elon's deal with Twitter. Today we see some pullbacks on entire crypto market.
📊 Just take a look on this idea and how accurate our scenario works! The price reach the huge value area of $0.00117-0.00127. I know that your stop-seel orders were placed there. Congratulations to all who make +18% with me!
Now I see two scenarious and on both we can make money. There are short and long scenarious.
🚩 After the reaching the value area that i marked on the chart a lot of retail traders enter the trade in hope of PUMP. They can become the fuel🔥 for the DUMP. The local target is $0.00075-0.00084.
✅ But highly possible is the long scenario with continuation of PUMP.
📊 The main preconditions to open a long:
🔥 squeeze to the trendline
🔥 volume growth during the squeeze to the trendline
🔥 a lot of short traders that become the fuel for the growth
🔥 bullish BTC
📊 My targets for Shiba Inu:
1. $0.00117-0.00127 - the value area
2. $0.00140 - the closest key level
3. $0.00156-0.00164 - the value area
✅ Traders, don't forget to book your profit. This is an important rule of the trading stratedy. Book the profit in time is important as find best entry point.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Shib/USDT 4hShiba Inu is creating this descending triangle on the 4H timeframe, which is typically a bearish pattern. Still, it can become bullish if price action breaks out of sloping angular resistance and retest our previous resistance as new support. If price action falls the base of horizontal support, we can have a good entry for a short position.
SHIB looking storng!As we can see we are in down channel trend which is a huge sign to go up. If channel breaks (Close the candle above 0.000012 area) we likely to see 0.00003 area, but there is one huge resistance level which is at 0.00002 area. If only close the candle above resistance we can see 0.00003 area.
Shiba - we focus on longs from the lower boundaries of the rangeOn the chart you can see how the market pro keeps the price in the range, not allowing us to update the local highs. A short is expected after a false breakout of the upper range boundary, with a quick return back. From the lower boundary we look for long sets.
If you like the idea, give it a "Like". That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
SHIBUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
Based on our last analysis on October 6, we predicted a falling trend to happen and in this chart our expectation has been true. Here we have R2 as a long-term resistance line which contains the disability of the price to rise. R3 is another resistance line as well as R1 that is a 4-hour resistance line for us. And S1 and S2 are support areas in which the well support of price at different points is clear. At the moment, we have the fluctuation of price above S1 and our expectation would be a rise to reach R1 and there we should have some falling signs to consider the short position of our chart and subsequently a decline is predicted for the price to happen to some lower amounts. If the price is able to fluctuate over R1, then more rise is there for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$SHIBUSDT Shiba InuWhat Is SHIBA INU (SHIB)?
Once upon a time, there was a very special dog. That dog was a Shiba Inu, and this dog inspired millions of people around the world to invest money into tokens with the dog's image on it.
According to the SHIBA INU website, SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.
Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
On Sept. 17, 2021, Coinbase, the largest U.S.-based crypto exchange, listed Shiba Inu on their platform. This news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.
Shiba Inu has since attracted more interest from other exchanges as well. Bitso, Mexico's biggest cryptocurrency exchange, announced in September that SHIB would start trading on its exchange. Giottus, an Indian crypto exchange, announced the same. Bitstamp, the biggest crypto exchange in Europe, said that it would list Shiba Inu for trading at the beginning of 2022. Korbit, a South Korean exchange, became the country's first exchange to list the SHIB token in 2021.
Who Are the Founders of SHIBA INU?
The SHIBA INU WoofPaper has three reasons why their team created SHIB:
"We started from zero, with zero."
"The brilliant minds behind Shib had never collaborated before."
"We love Shiba Inu Dogs."
The anonymous creator of the Shiba Inu coin is known as "Ryoshi." However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.
In his blog RYOSHI RESEARCH, he characterizes himself as "just some guy of no consequence tapping at a keyboard." Ryoshi said that usually in projects there are different roles like a CEO, a "tech guy," and a roadmap, resulting in "someone plebs can bitch at." He stresses that with Shiba, no one person is accountable or responsible and underlines that he owns 0 SHIB to this day. For this reason, Ryoshi can be "pure and unbiased," getting satisfaction from Shiba "in other ways."
It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu's liquidity on Uniswap. According to Ryoshi, he had "a fren" he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap. Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His "job" is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021.
What Makes SHIBA INU Unique?
The SHIBA INU website invites dog-inspired artists from all over the world to foster the "artistic Shiba movement" as they bring their SHIBA INU community into the NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations to escue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
After initially being only one meme coin of many, Shiba Inu skyrocketed to popularity after Vitalik Buterin famously burned his share of the SHIB supply. Ryoshi had given Buterin 50% of the SHIB supply, announcing that "as long as Vitalik doesn't rug us," Shiba Inu would be fine.
However, Buterin decided to burn 90% of his share, which later would have been worth billions thanks to the soaring value of SHIB. The remaining 10% were sent to a charity, as were about 50 trillion SHIB more that Vitalik had donated to a COVID-19 relief fund. He stated that he did not want "to be a locus of power" and thus gave the tokens away. This resulted in a temporary loss of value for SHIB, which the token later recovered from after the community agreed on an arrangement with the charity in question.
Ryoshi's goal for Shiba Inu has been to see if a perpetual decentralized organization could work with no central leadership. In a blog post, Royshi noted that the rift caused by Buterin's token donation made the community stronger and would enable it to distribute further and decentralize the movement. His vision for the core ecosystem is to perform its utility while the Shiba Inu-own stablecoin becomes the globalized exchange of value.
In October 2021, SHIB surged on the news of a possible Robinhood listing and briefly flipped Dogecoin to become the most-valued meme coin by market capitalization. Thus far, Robinhood has not listed SHIB, despite a petition with over 500,000 signatures calling for it. Robinhood executive Christine Brown has lauded the efforts of the Shiba Inu community, saying that one of her favorite things was seeing it engage with the community to make its wishes heard. However, Robinhood would prioritize safety over the "short-term gain" of a new token listing and has left Shiba Inu fans waiting since.
The October 2021 price surge famously minted a billionaire, as one wallet was uncovered that had bought $8,000 worth of SHIB in summer 2020, which was worth over $5.7 billion at SHIB's all-time high valuation. The wallet owner has not been determined, although the person appears to have sent parts of their fortune to other wallets several weeks after the price explosion.
The price surge also led to increased adoption across token holders. WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. CRO was a distant second with only 5%. SHIB also surpassed the one-million holder mark following its all-time high.
Moreover, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. This followed the adoption of SHIB by over 500 merchants, according to payments firm CoinGate, with even Samsung-backed digital wallet provider ZenGo adding SHIB to its options and a restaurant in Paris accepting it as a payment option. At one point, the Shiba Inu community called for McDonald's to accept Shiba Inu, although the social media effort eventually fell short.
A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem.
ShibaSwap is the coin's designated DEX that started as a fork of Sushiswap that has, in the words of Ryoshi, its "own little twists and elements." Furthermore, Shiba Inu also plans to develop SHI, which will be the "global exchange of value for plebs," an algorithmic stablecoin pegged to one cent instead of one dollar as most other stablecoins. Its launch is planned after the Shiba layer-two solution called Shibarium, and Ryoshi envisions SHI to work in a similar way to DAI. That way, SHI would have collateral as a backstop that would push it back to one cent if the peg was lost.
According to Ryoshi, the end goal is that SHI becomes a global stable currency "that plebs across all countries are able to use as both a store of value and method of payment."
In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve. In that case, Ryoshi expects forks of the major DeFi protocols to appear in the Shiba Inu ecosystem, which would require an immutable bridge to function.
Shiba would also start hosting localized meetups and a once-a-year ShibaCon convention that would be hosted at an easily accessible location in a country without oppressive visa restrictions "for the sake of inclusiveness for global plebs."
One immediate change Shiba Inu has implemented is increasing token burns, which have sparked renewed interest in the token at the beginning of 2022. Bigger Entertainment, a crypto record label selling merch, NFTs and concert tickets, organized a SHIB burn party that burned over 239 million SHIB over Christmas. In total, the team has burned almost one billion SHIB since the end of October.
SHIB: The Metaverse and Shibarium
While looking to expand the utility of SHIB, the development team introduced a metaverse — a virtual reality project powered by non-fungible tokens (NFTs). Here, users can mint parcels of digital lands using ETH or its equivalent amount in SHIB tokens. Interestingly, other Shiba Inu-related tokens – BONE and LEASH – will also play various roles as different phases of the metaverse come to life.
According to the team, the goal is to create a fun, immersive and interactive environment where users can explore, earn passive income and collect in-game resources. Importantly, the metaverse will allow users to develop and launch their own projects. In total, there are 100,595 plots of land on SHIB: The Metaverse. Of the total, 36,431 digital lands were unlocked on April 13, 2022 – the launch date of the introductory phase of the metaverse.