SHIBPERP trade ideas
SHIB Possible150%+ Profit-Cup Formation Possible Breakout After
SHIB is forming a nice left-hand portion of a cup formation. Volume is drying up, great support today while cryptos were lower.
150%+ profits if cup formation continues with a strong possibility of a pop when / if a breakout follows if right side of cup forms.
SHIBUSD | Potential Uptrend. Get in!If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
SHIB TO GO LONGIn fundamental analysis, SHIBUSDT is definitely going to go long. This is mainly because of their project of burning more than 2 Billion SHIB coins reducing the total supply and increasing the price.
In technical Analysis, SHIBUSDT is still going to go long, it just recently broke triangle formation, retested the 50% fib level, It will most likely retest and go long. I am not a financial adviser but I suggest SHIBUSDT is a perfect investment
SHIB TO BREAK TRIANGLE AND GO LONGI am not a financial advisor, but I feel Shiba Inu coin is definitely going long. From my analysis it has formed a triangle as a continuation move and will break out any moment soon. In other fundamental analysis, SHIB burners are planning on burning 1 billion SHIB coins so with these two analysis it's definitely a long
Today is an important day for shiba!!today is an important day for Shiba because it's directly on the VWAP after the long trading range and now there is good vol of sellers and buyers in the last days there was a short bullish tendency with a big vol
so there are 2 possibilities :
+if it rebounded on the Vwap 70 % there'll be another explosion of Shiba
+if it breaks the Vwap 89% there will be a downward tendency for Shiba
so take care of your wallets today and open them it's a chance.
Good luck
Super Bowl Bull Flag Breakout Coming for SHIB?A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future.
As a bonus, zoom the chart out for our mid term target zone!
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