SHIB on verge of breakoutSHIBA Inu is at it again and this could be a very interesting pump, lots of money flowing into SHIBA. Basically another flag consolidation is what I am seeing. NFA, DYOR
SHIBETH_288285.USD trade ideas
SHIB - SHOWING AWESOME PRESSSURE RELEASE! What's happening next?Happy Money Monday, 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.
This is merely trading opinion and not advise. DYODD.
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SHIB has showed very strong momentum releasing all its pent-up pressure like a volcano erupting spewing lava everywhere!
But what's happening next?
A. SHIB is now faced with resistance which was previous support back on the 21st of Nov. 2021 @ 3560. Pushing past this level could bring SHIB towards the 38.2% Fib above @ 4448.
B. Getting rejected at the 3560 could push SHIB back down towards the 50MA, and further push downside could meet its 12MA again.
MACD: About to cross the zero level, bullish divergence has not yet been fulfilled.
Stoch RSI: Oversold Region, Bullish Crossover!
Price action is KING!
Always remember to place your Stop Loss.
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.
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More power to all your trades, my friends!
Ron
Intrepid_Trader
Shiba Inu USD TokenThings are coming around after the absolutely sure 100% dbl test of recent past lows, 2 sessions back to be exact. This is the current sentiment @ this time/space. The retrace going up will be a ride. Looking forward to new highs coming forward for Shiba Inu... Up Up and Away....
SHIB: A Roundtrip! Now What? CHASE IT!!We just poked through the MA200 YAY! In the short-term the Choppiness Index fell very low which means that a direction or trend has been chosen (duh lol). However, the RSI is now very high which means that it's overbought (on lower time frames). Feel free to suggest any other indicators that you like to use... Thanks for any comments or guidance, we are here to learn and profit.
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EDUCATION:
"The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market's trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending." www.tradingview.com
Bounce back above level of support.The price bounced above the downward pressure since ATH. Downward pressure line is reset. Price being held for now. If it break through again, there could be a significant pump.
More likely, a correction from yesterday will occur as the level of support gets tested again.
No historically solid level of support exists between here and the ATH.
SHIBA INU Buy after the trendline breakout and then retest it again. Note This my personal opinion to take trade. I am not financial adviser trade at your own risk. Happy trading:)
SHIB Continuation Up To .000033?Shib Inu is looking awefully bullish and I think MAYBE we can see continuation, man this would be amazing to see it hit the 1.618 or higher to say .000033 which is the extrapolated move of the presumed bull flag. NFA, DYOR
Testing the 50dmaTesting the 50dma. I would wait to see how it responds in the following days. Could be premature to enter here.
Time to add to SHORT SHIBAThe owners of this dog just refuse to put it down! Each rally, far from being the fresh breath of hopium owners desire, has provided excellent short opportunities for months. This one is a clear pullback to test and hold Resistance and a good opportunity to add to the short where profit was taken at the start of January.
SHIB how much longer?SHIB is being squeezed tight and this appears ready to PUMP any moment.
Get ready, I see this one shooting up quickly very soon.
Good Luck
Shibusd changed direction COINBASE:SHIBUSD
Hello 👋 . It's going long we can see the symmetrical triangle tells us that's the price is going to go long
SHIB .00002147 Then Moon! Are you ready Dog?I think SHIB should drop down to the following "Smart Money Point of Control" on the chart around .00002147. Then after brief accumulation I think we will go up and test out these upper areas assuming BTC wants to play nicely. NFA, DYOR
Shiba will continue the downtrend for next support..Shiba continue downtrend..for the next support..standby to the moon soon..
SHIBA GOING TO BEARISH..Shiba long for a while..and will be bearish..to next last support..and to the moon..
SHIBUSD 1D The current rise of crypto, I do not think of it as an investment opportunity, but for intraday speculation only ....
We must wait for the last drop to have a good opportunity to invest.
Don't let the market fool you 🌹
Crypto - Shiba Inu SHIBSHIB has been struck in a consolidation zone or some triangular pattern.
Long Position can be made in Shiba Inu
(Keeping in mind that Crypto is unregulated and huge dumping has been made in past. So, amount invested should be as per your portfolio and your Risk Management.)
- Crossed 50 EMA and showing positive movement.
- First Target @ 0.00027623 at 200 EMA.
# If it breaks, 200 EMA, Sharp Up-Move.
Refer 4H Chart.
BINANCE:SHIBUSDT
Shiba Inu. Elliott Wave analysishiba developed 5 waves to the upside completing wave 1 at the October top. Since then, Shiba has been in a very complex wave 2. Wave 2 is about to end at the 0,618 retracement. Very soon Shiba will start the powerful wave 3 to the upside.
SHIB needs to break resistance and bear flag. Highly possible. Shiba needs to break this resistance and we should see a decent gain if it can break out of this bear pattern. Let's watch and see.
SHIB BACK TO 2192 WHEN THE VOLUME ISI'm just filling this section, to repeat what I wrote in the subject bar :)
SHIB BACK TO 2192 WHEN THE VOLUME IS!
Possible tilt of the trend upwards but I don't see a breakoutThere just isn't enough volume for a breakout to occur over the downward pressure. The next 24-48 hours will tell if this pattern is reversed. With the IRS demanding records of crypto PURCHASES, I just don't see this happning.
If we don't stop this long-term trend, then by the last part of Feb we will be back to pre-oct '21 prices.
SHIBA LongHey traders, in today we are monitoring SHIBAUSDT for a buying opportunity around 0.20 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
