Floor gave way.As we can see, the floor gave way. As predicted, if the floor gave way, there is little support and the price would drops significantly.
SHIBBONE_FEAE31.USD trade ideas
Shiba Broke supportSHIBA Broke major support looking for a downside to 0.00002061 if 0.00002528 doesn't hold.
SHIB - REBOUND!!! What's next?Happy Cold Thirsty Thursday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
SHIB managed to bounced off the Horizontal 61.8% of the Fib Fan Line and is now headed towards its 12MA and potentially its 21ma around 3012 and further towards the 3060 - key resistance level.
Rejection at the 12MA could push SHIB back down towards the 38.2% Fib Fan Ray Line.
MACD: Bullish Divergence
Stoch RSI: Crossing Bullish, still below the 80 level.
Always remember to place your Stop Loss.
Price action is KING!
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
More power to all your trades, my friends!
Ron
Intrepid_Trader
If the price keeps following the same trend since ATHSomewhere around Feb 10 we will be back to the price we nearly clotheslined for all of 2021 previous to the start of October.
Crucial Area for Shiba InuThe positive of SHIB
- Team is working on developing new innovation for the Coin
- It has more than a Billion Marketcap
- it is in most Crypto Exchanges
The negative of SHIB
- Mostly Base on Hype (Similar to DOGE)
- It has Trillion Supply with No Max supply
- The inflation of Shib is about 6.8% per year which is worse than the US dollar
Final Thoughts
- I believe Shib will continue to go down with minimal upside. I will take advantage of dips and take profit in pumps. All in all, this coin is short term, not long term.
SHIBA 3ER WAVE MILLONARIES to 0.0001March 7 begins rise Shiba with resitense in 0.000027 few week which will make many abandon the project and then it will rise until breaking another zero
0.0001
shiba future buy after break.00003 targets .000045 , .000055, .000063 and for the investors hold it and forget about all analyzing.
potential path for SHIBCould we be at or near the bottom? potential path SHIB could take in the near future.
Trend lines keep holdingAnother round is inbound as we will test the trend against the floor. Which side will hold? Time will tell but if the floor holds the trend wedge will tilt up. If the floor breaks, then the wedge will hold its current position, leading to a continuation in the rate decline since the peak as the price continues to follow the trend.
SHIB 1/16/2022 After making some folks a lot of money and a lot of hype following, SHIB has cooled off.
Daily Chart Analysis
After breaking out of an ascending triangle, SHIB made a 180% move in 5 days topping out at 0.00008880.
From there we saw a series of lower highs into support level @ 4845.
In Nov ’21, it broke down from support, pulled back and turned support into resistance.
It has been in a downtrend since.
Downtrend looks to be strengthening and its looking to respect 20ema. Price has pulled back to 20ema. This is my que to enter.
Entry: 0.00003
Stop loss: 0.00003441
Target: Trail 10ema
Watching SHIB / Potential Move upcomingAlways trying to find the next move, its for fun of course.
Im leaving this here to see if Im on rack
comments welcome
SHIB-USD: Possible up trendWait for an enormously important falling trend breaking. Or it will not break it.
The battle of the resistance vs floor continues.Here we are at our second round of floor vs resistance. The floor won the previous round. If it holds in round 2, Shib will see another rise and tilting of the resistance wedge upward. If it loses, Shib could see steep drops as we saw several days ago.
If SHIB holds flat we will see a (natural) tilting up of the wedge but a prolong battle with the floor has unpredictable result.
#SHIB #SHIBUSD #cryptocurrency #cyrptotradingTesting above the DTL and holding the zone. Needs strength but has potential!
SHIB Long Upward Channel Just Leaving this here... Im thinking long on SHIB, going to be monitoring this upward channel.
I'm definitely LONG on SHIB!
Always looking forward to hearing comments. GO!
SHIB - Passed 12MA, Now Faced With The 21MA And 3286 ResistanceHope you find value from this post.
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
SHIB bounced off support at 2563 at Green Support Bar, broke through the RED Extended Resistance Trend Line, and is now above its 12MA.
SHIB is now battlng its 21MA and the resistance at 3286 - which was previous support and resistance levels multiple times since Dec. 4th.
What's SHIB facing past the 21ma and the resistance at 3286?
1. The 50MA
2. The Red Horizontal Resistance Bar
Today's first order of business is to push past 3286 and close above its 21MA.
If SHIB retraces from here, we are expected to find support at the Extended Trend Line which was previous resistance.
Further push down will take SHIB down back to the Green Support Bar below and eventually towards the White support extended trend line support at about 2150.
MACD: Crossing Bullish, today will either confirm it or get rejected.
Stoch RSI: Headed for the 80 Level, momentum still Bullish.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
SHIBUSD D1Hello, here is my second analysis on Shiba using MACD and i tried to label in a way that will be easy to read and understand
Could SHIB break the 50MA and then the .5 Fib Extension?Some of our group wanted to see a fib extension on SHIB so we did it and surprisingly we have a move that mimics what actual trades will be. These bounces off the .5 extension and then a solid support at the .236 extension make this worth watching for a while. Hey who doesn't have 1.5M+ shib just sitting around waiting for it to break .01$
Tilting up of trend since peakSHIB reached the upper floor and trend line of resistance at nearly the same moment. This resulted in a pump on the price and tilting the lines of resistance upwards.
This resistance vs floor battle happens again in the near future.
