Discussions

SHIBA INU / Euro forum

Apr 9

Hola Shib Fan

ALERT!

Here today to give an early warning, The monthly chart has reached a peak high on BTC and is in fact prepping for two options here, the Halving event may take some time to build up the needed buyins to create resistance while the monthly chart meets a price correction, we may or may not get another rise before the big crash comes so it's your choice, buy/sell/hold know the risk before taking the risk if that potential crash is incoming if the price can't be saved by the Halving event.

We'll know come May 2024.

Monthly Chart BTC
tradingview.com/x/zMkxPXjg/

Apr 4

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Hola Shib fans here's and update on the current status for shib.

Please be advised -it's your choice hold, sell or buy. The current status of shib has it crossing the down trend line on the 8 hour chart as it's fighting the urge to crash on the 4 hour chart. The day chart for shib is currently showing signs of recovery as resistance is holding and a potential run to the 3000 range may or may not happen again.

HOWEVER!
Be warned, the 8 hour chart on BTC is nearing the drop zone, not only that, BTC - shib and others are showing signs of a buildup to a potential flash sell on the 8 hour chart, this could lead into a double bottom, this is due to the extreme low amount of returns being made between 2600 and 2700 closing the gap, this usually indicates a large sum is either going to bleed out if at a closing end on the chart, or Skyrocket if at on a opening end on a chart. this is the closing end on the 8th hour chart so a flash sell is likely on the way.

So the question is, if this happens where will this likely lead shib?

More or less the stopping point will likely be 1800 - rising back to the 2300 then falling back to 1500 until it settles holding for the next few weeks until the weekly/monthly chart has made it's price correction we are still in the middle of a slow crash back to the 1000 range.

So all we can do at the moment is wait, it's your call buy sell or hold.

Best of luck to you all
8 hour chart BTC

tradingview.com/x/kGDi9PZ0/

Mar 28

Hola Shib fans - here's an update on the current status of the market.

Note do not let this influence your decision on your investment. do your own research to be sure if it's worth buying or selling in this market.

As for the update
It looks as tho shib - doge and a few other cryptos outside of Bitcoin and Etherium are getting delayed support. Doge has met 0.21 and shib gained 3200, however; this is what is considered a "rise before the fall scenario" these current gains are results of back orders finally making their way to the market. But understandably it will make the price rise, but that is not always a good thing, the higher the price goes the hard the fall will be. For those new to the crypto market. understand that crypto works in waves. it's forever falling but has the potential to rise depending on the demand.

At this current time both Shib and BTC weekly and monthly charts have reach their peak levels and is converting on a down trend, these current high runs are the last minute buy-ins before a massive price correction. So what is the next price level to be expected before the correction hits?

Currently it can be the price we are at now 3250 or it can rise to 3500 or if a rally takes effect 4000 or higher. issue is it will be forced back to the levels of 2500 then 2000 or less. This is due to the monthly chart meeting a break wall it needs to consolidate it can't stay up forever.

So I mapped in case the fall does indeed happen, unless by chance a rally does come in support of shib alone.

You can buy sell or hold it's your call but it is preparing for something big and it can go either way. So get what you can while you can before it's gone.

Day chart overview.
tradingview.com/x/Oe25C5Pr/

Mar 25

Hola shib fans
Update

Watching the charts for the next move currently the 4 hour chart is reaching a peak range on BTC, what this usually means, it is prepping for a price correction, it can get multiple peak runs to push the price higher before the correction leading to a downtrend.

What this means for Alt-coins like shib

2 things can happen one a Potential push to higher levels 3200 to 3500 if we can get a multi peak push. if BTC loses that moment and runs into a price correction we will likely see the crash to the 2500 or less. - the weekly chart has yet to adjust to a upright trend, as the chart has now turned green.

There may still be some life left as we enter the April halving event.

30 min chart on higher settings to an
8 hour chart.
tradingview.com/x/f1O8g81P/

Mar 22

👾Hola shib fans

Update on the weekly chart:

Early warning:

This is for newer users who need advice so they won't panic sell in the coming weeks.

Please be advised the weekly chart has officially turned colors from gold to blue and is in a downward rotation. This can at times cause investors to be discouraged in other markets like BTC who has also turned downward, and like a domino effect they all fall at the same time, so to help those not make the same mistakes that I have made I am warning you now.

The weekly chart is crashing on blue.

What does this mean - we are officially in a crash - that will likely last for weeks if not months depending on what happens come April 22. The run to 0.00008000 has one last chance of happening however, depending on if the day chart has a correction on the way.

But from my 5 years of experience with this stock once it has a downtrend in the higher levels it will continue to fall back to the lows giving back a 0.

So from past experience with crypto that is likely the case here, once the weekly chart has started it's crash it's very rare for it to be delayed until it reach the lower levels such as 0.00000800.

So for those of you who value your money, your choice to remain and take the risk. Buy more if you plan on holding but understand the crash is coming nothing, we can really do. You will have some up runs in between but don't expect to see the 4000 range again for sometime. I will be keeping and eye on the day chart for any sign of corrections heading back to the 4000 but as stated it may not happen.

I cannot predict rallies or whaling movement so be cautious if you plan to buy in the middle of a down trend some can be random and considered as traps.

It's your choice Buy - Sell - Hold.
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Hope this helps any newer investors that are currently in the market save money.

Weekly chart has turned blue

The Crash to the 1500 range is now in full effect.

Best of luck to you.

tradingview.com/x/d69hrzJp/

Mar 19

I'm seeing 🙈 a 🐳 trap and it's coming hard and fast. Be ready for the flash sell it's a coming soon.

Mar 18

Hola Shib fans

Be warned another major crash is incoming it may stop at the closes 2400 or less - acknowledge this may or may not be the last crash before the rise back to 3000 - 4000 - possibly 6000 - crash will take place by 04:00 est - possible correction midway if a rally takes place. Your call sell or hold.

15 minute chart

tradingview.com/x/gL0C4ofg/

Mar 16

Hola Shib Fans

Note this is for new traders so they will be more confident when buying and selling:

I have been getting request as to what's happening for those that are new to the crypto market.

Understand this: Btc - Bitcoin has a lot to do with the price movement this is sometimes due to the factor that Bitcoin is too expensive and the whaling community will do massive selloffs at peak exit points. causing the price to slowly but surely crash - there are more selloffs in the waiting order that have yet to hit the market so expect them nonetheless, but as for Shib much like Dogecoin are also their own separate market so these drops can be much worse in the weeks to come.

So for now you are experiencing a flash sell or what I like to call a death drop. It's both a price correction after consolidation takes place causing the price on the day and weekly/ monthly chart to rubberband back to the lower levels. such as the 0.00000900 or 800 for shib. or the 0.07 for doge. In BTC amount it will be 60k to 55k.

For BTC it's a slow burn but for altcoins it can take a shit-ton out of the price. Which is great for swing traders. This is a common thing with crypto it happens. don't be upset just understand this plays in waves so the price will eventually rise again. in a few weeks to months.

But to help understand what is happening and will it ever stop and resume. Here is a look at the current day chart, and the possible paths I believe it maybe taking. I will also give you the weekly chart in the comments below this post.

You can chose to buy sell or hold after viewing but suggestion is to sell and wait for 0.00001500 to be reached but something tells me it may go lower so I will try and update you when the time comes.

Day Chart Map to crash
tradingview.com/x/vOV7zXgc/

Mar 14

Holla shib fans
Bet you all are wondering what is happening at this point and time, for those who are new to this we are currently in something called consolidation, read this to understand what it means.

Idea:Trading Lesson 👨‍🏫#2 - Under…

Usually when it does a consolidation it will mostly continue in a straight line or hitting the same price over and over again for hours if not days at a time, sometimes lasting weeks depending on the order count of buy or sell calls.

This is where things become a bit blurred as far as direction is concerned, however when the consolidation is done, in comes the next wave of price correction, this is when the price typically crashes to the correct area depending - at times the price could bounce rising to the possible final level of buy-in's that's only when the conditions are right.

If you are wondering if you should continue to hold or sell. the only bit of advice I can give is that the price may fall as the day chart is making corrections as we speak. We just have to wait until the consolidation is clear and the rise or drop that comes from it settles, to identify the next move.

When the consolidation is done the fallout will be dramatic and fast and can last for days till it is done.

Best of luck to everyone on what ever you decide to do with your investment.

Mar 8

- -

Hola Shib Fans
Update - the day chart for shib has officially turned blue, if it can stay at the blue color range this means we are seeing major rallying for a recovery. This is indeed a good sign as the day chart has a chance at being push to higher levels, but Shib must close out the day on blue to maintain the growth.

The 4 hour chart has started it recovery and is prepping for a rise potential rise in another 2 days.

options would be to buy and hold but this maybe the possible last ride up.

We are preparing for the april halving event so expect a few more small to large rallies as the weeks progress.

day chart
tradingview.com/x/u8T8of1z/