Shibusdtlong
SHIBUSDT may head for 4h resistance around 0.00001320The price has hit daily support twice and both the times, it had a significant bounce to the next resistance zone. This second bounce currently trying to pierce through the resistance. With a bit of push back, I believe the price is going to move above the resistance zone and may aim for 4h resistance 2 zone.
SHIBUSDT likely to make another attempt at 4h resistance zoneThe price has hit the 4h resistance 2 finally as marked on the chart. However, it seems that pushed the price back under the resistance and it is trading below the resistance. There is a very high probability that it will make another attempt to hit and break this resistance at around 0.00001400 level
The previous 4h resistance (marked in chart as 4h resistance 1) is now acting as support and that made the price bounce from there on this push back from 4h resistance 2.
SHIBUSDT heading for next 4h resistance zone around 0.00001320The price has closed above the 4h resistance which was holding the price back for long. This kind of clears the way for move up to the next resistance zone. That resistance might not be that strong and price can then head for the next resistance level marked on the chart. A possible price path has been depicted. However, let us go step by step and then do the reevaluation of the next possible path. Therefore let us focus first on step L1.
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.
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.
SHIBUSDT hitthe 4h support area. Bounce in playSo the price hit finally the marked support area. And we see a bounce which was depicted in the last post.
The price will likely hit the 4h resistance at 0.00001476 level. The next course after the price hits that level will be decided by looking at the price action at that level.
ShibaInu Ready To Take offHello Everyone,
Right now as per the market structure and smart money concept techniques Shiba is under accumulation zone and underplay the Power Of 3 Pattern rule. since there are lot of confluences and we are not able to write down all of them in the description so making it all concise as much as possible.
high chances that Shiba can print 200% pump suddenly from no where.
the level has already been marked on the chart , we are waiting for the breakout atm, yeah it makes sense that overleverage traders will get rekt then it will start off , cause right now there is alot of plebs riding the pump..
wait for the best entry , shiba gives good rewards on spot holdings as well so why leverage ?
Disclaimer :
This information is only for entertainment & educational purpose and paper trades , we are not financial advisors but teachers
regards,
Hedgers Academy
SHIB/USDT Upward Velocity StartingSHIB/USDT has been losing for quite a while. It is getting perky for sure on the hourly chart, but also checkout the NICE upward channel its got going. NOT far from challenging the 4h 200ma. Might have the energy to get over and go go go.
Like many ALT's at the moment, the downtrend (for the moment) is bouncing.
A buy above 4h 200ma support, or a trailing take profit when it hits it - might be a play.
NOT financial advice! lol
Trading opportunity for SHIBUSDTBased on technical factors there is a Buy position in :
📊 SHIBUSDT
🔵 Buy Now 0.00000927
🧯 Stop loss 0.00000807
🏹 Target 1 0.00001050
🏹 Target 2 0.00001280
🏹 Target 3 0.00001770
💸RISK : 1%
We hope it is profitable for you ❤️
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Shiba 5th wave can start this weekhey guys
Shiba is in very good place to buy . I think.it can end the 4th wave of the last run and also end break the triangle this week.
on the other hand , it can make a Cup pattern the it past half of the way.
if you want to trade , Trade with your own risk.
this is just an idea.
#SHIB/USDT Still in Buying Zone, Here's Why.I still stand with my previous update.
This is the shakeout before Shib literally goes crazy.
This is what you see in the chart. It's a perfect retest after the breakout.
SHIB looks strong in HTF.
Best to get in around this level.
SL is still a daily close below 880.
DYOR, Not Financial Advice.
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SHIBUSDT second try to flip EMA since August $SHIB | $USDT
After a massive pump SHIB is now retesting daily SMA for the second time since August, this daily SMA needs to be flipped for a massive pump or else we will get a rejection & retest the support where we can enter longs...
#shib #shibainu #shiba #dogecoin #FOMC
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.