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SHIBUSDT

SHIBUSDT Falling Wedge forming a Bottom*** *** For this particular analysis on SHIBA we are using the SHIBUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Shiba has been trading within a Falling Wedge pattern since the December 24 2021 High. The price has been trading near the pattern's Lower Lows trend-line since the May 12 Lower Low, being unable to stage a sustainable rebound. The longer it trades near that level, the more likely it is to attract buyers and form a bottom. The immediate target is always the 1D MA50 (blue trend-line) and a closing above it takes us to the medium-term 1D MA100 (green trend-line). Only a break above the 1D MA200 (orange trend-line) can justify further buying, in which case we'll have a long-term bullish reversal into a new Bull Cycle. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Long
by TradingShot
5
(SHIBA INU Update )-SHIB/USDT Update 📈📉HEY ,SUP GUYS and Girls ! Welcome to my new analysis today , Since November 29 Apr 2022 , that I updated Shiba Inu , it has been declining till now , actually in previous analysis , I told you guys It should maintain the pivot zone if it want to rise , also I emphasized that shiba will more likely correct upon the lower support zone , but to be honest I didn't expect as much as this current crash ! So today , as you can see in weekly timeframe shib/usdt , as a Meme coin it has lost more than 90% of its worth from ATH in a bearish movement so far , but we shouldn't expect a sharp impulse upward move as a correction right now , because the crypto market and Meme coins needs time to recover and consolidate for a while! so it can fall little bit more upon the lower support level , but in order to have a new bullish movement first of all should maintant this current support zone and breakout the descending trendline , the bulls can raise the price to the first resistance zone and so on ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
SHIBUSDT 1D🔥 300%SHIB chart update. After the last signal, SHIB fell by about 15-20%, I spoke about this in the very forecast that such a development of events could happen! At the moment, the asset can test the lower border of the descending channel of $0.00000580, after which I think SHIB will retest to the middle of the channel, which is about 115% of the global support level. For now, I will take a position in SHORT 2% of the deposit. ✅Don't forget to visit the channel there is a lot of useful information about trading. ✅Write your comments what you think about this coin.
Short
by DanilBlinkov
1
🚀SHIB: is such global scenario possible for this doge?SHIB fall for 92% from it`s highs. Beginners lost almost all their money but got the experience to not trade without trading strategy. In this idea i`ll explain my point of view on SHIB. 📊Recently, i made an idea about SHIB where marked resistance areas for the price. After the local growth price almost test it and after the false breakout of the trendline fell by -31-35%. Check the idea to read the preconditions and get more experience in trading! 💹Why i marked thess 2 value areas: 1️⃣ 0,2057-2970 is the big accumulation area of retail traders. They become the FUEL for such massive dump. Everyone who use even the x1 leverage are liquidated already. 2️⃣ 0,680-860 is the biggest value area where the whales accumulate SHIB before. Now it become the HUGE support area for the price. Addtionally, if u want to get more info about alts read this idea about the BTC.D and altseason. As you know they have huge correlation. At the volume indicator you can see some interesting thing. Despite the price dump the volumes are not growing. We can mention it at all cryptocurrencies. And it`s a strange things because we have to see the large volumes when the price falling. What this can mean: 1️⃣ a lot of traders are already sell their SHIB 2️⃣ the price haven`t reach the bottom yet 🏁So don`t miss the volume growth and upcoming ideas! 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
6
SHIBUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for SHIBUSDT According to our previous analysis on May 31, we expected a falling trend for the price and now we have our expectation come true and all our targets are hit. In the current chart, our R2 and R1 areas express the resistance areas in which the price was unable to rise. S2 refers to our support area which includes the well support of the price since the past. The purple line called S1 is our support line in the 4-hour time frame and represents the support of the price at some points. At the present, the price is fluctuating in S2 area and above S1 and we expect it to have a rise to R1 and then fall toward S1. Even it is possible for it to rise higher to R2. Also it may happen that the price loses the support at the current point and starts a decline. 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
Long
by MarsSignals
2
SHIB ABOUT TO EPLODE !!!Rarely will you talk about technical analysis without mentioning Dow , Magee, Livermoore nor Wyckoff. It is worthy to note that this analysis is based off one of these legends work - Wyckoff. As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a perfect Wyckoff accumulation schematics with price approaching the LPS - Last Point of Support . Interestingly , this zone confluences with the previous resistance turned support . Ideally , this level should be able to hold price , otherwise , SHIB will be making a new All Time Low ! Feel free to share your views Are you new to Wyckoff method ?
by Gracie24
8
Shib: Entry based on Historical DataWith Price at ....0857, I'm looking at two price Target to make my Positions, First the .820 and next the 590. First the .820 is the highest Wick of the Demand Block, and could hold Fine Positions in this area. And Because it jumped about 2% in that area, Potentially investors could have seen this as "the move "to the moon", made Entries and later get cleared. So positions are definitely being Held there Next, the .590, If price Comes here, I'm basically taking an average of the whole Demand Block, Literally the 61.8 Fib of the Entire Origin Demand. Manofxlife
by Manofxlife