SHIBUSD need to rest LONG again laterShiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a
sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps
time for a rest. The chart shows the breakout and then extension above the VWAP lines that
are trying to catch up. In proper risk management. I will take half the position off here and
have it ready to add at least part of it back if the rest is a stable consolidation in the upcoming
day.
SHIBUSD trade ideas
Shiba Inu Macro Brake Out?Many alt coins are reaching the end of what appears to be an accumulation cycle. We have an obvious long running down trend followed buy an equal distance of sideways accumulation. Next step is typically an equal length time cycle to the upside.
Price can only trend in 3 directions. It can trend down, trend sideways in a range, or it can trend upward.
Typically after a major down trend followed by a sideways range starting to up trend we see an uptrend of the same length.
The chart is measureing the amount of time it took to complete one trend to show potential time periods we would expect the next major pivot. One should occur by the end of may and the next early 2024.
Hopefully it is an uptrend.
There is no way of know what price shib will reach this cycle but using averages based on the past price action we can make an educated guess as to what levels are possible.
We expect the accumulation cycle to end in the next few weeks the question is what trend will we see in the next cycle?
Potential Shiba Pump?This chart is an update to the previous attached chart below from earlier this year.
Looking at the weekly we see price action, wave trend, and money flow all curling to the upside.
Current Trading plan is to hold for more upside until price brakes structure to the down side looking for any of the price targets above.
Will Shiba Inu coin break or bounce?The price of Shiba Inu (SHIBUSD) is currently hovering around $0.000028 , a critical support level. If the price can hold above this level, it could see a move towards $0.0000310 to $0.0000320 .
However, if the price breaks below $0.000028, it could pull back to $0.0000260 or even $0.0000230 .
4 trillions of dollars has gone Plummeting..,… what’s next?Please pay close attention and we all had gone thru this before.
The pre-halving just already started.
Big drop just started and over 4 trillion dollars plummeting from whales so what’s next?
The next support is 0.00002230 area and if it doesn’t hold then huge free fall and will take back to 0.00001080 area only if happens.
If you are still holding double check your profits ; if you want to wait for the another potential dip then you may do so but be smarter and we all had gone thru this type of situation before because of bitcoin halving is around the corner.
Be smarter than the market. Be on the lookout of the next coming dip and we aren’t far away for Shiba big bullish move after the big drop finish
SHIBAs we see SHIB start the new movement after a while.
if we see the green line which is the possible new target in a short period, it will help the price to reach new levels and support positivity for long terms.
and the red line support negativity for a long time aswell.
my view for the long term only,
SHIB, IS IT TIME TO TAKE SHIB BEHIND THE BARN? PREP FOR DIPPotential SHIB trade.
Would look something like this if it was to occur.
Chances that it looks this clean (orange arrow) is not likely.
However, if price rides a steep trend down, and we catch some mega support under some previous support, we're likely to have a very favorable trade.
Basically, this chart is prepping for a potential drop on the yellow circle trend breaks. SHOULD we see a drop, there is no reason to panic, as theoretically, if you viewed this chart, you should be prepared to buy this dip.
Now, does it go as low as .000007 or can it hold .000009. IMO, it is more likely to favor the lower price target.
This price target catching (Maybe even on a wick, within the week, or day), implies favorable odds all the way over .00001
Should this dip not occur, the price targets and trends are still relevant, however, the chart is primarily for prep of the potential drop showing on the charts.
If we reject off our top price target in our trade window, we'd look to buy the dip right around .0000098, waiting to see if we catch more support and see some higher numbers building.
1 hour Chart with Fibonacci tool People asking me to post a Fibonacci for 1 hour chart, here is it, the 100 % accurate Fibonacci.
Hold your coins, if you are not able to control your feelings and your patience, get our from the trading career.
this is the only thing make you lose and win, if you know how to control it, and not let the candles control your feelings.
be patience, and make sure with patience always profit always comes.
how many time you regret because you was not patience!?
Thank you, & Best regards
Cryptolean Shiba Inu SHIB UpdateNot much changed since the last update, since Shiba Inu found a support at $0.00002399-$0.00002509.
It is struggling to break through the resistance of $0.00002769 for the last 5 days though.
A bullish break-out of $0.00002769 will result in a move to re-test $0.00003107.
However, a bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00002171 and $0.00001911.
**UPDATE ON SHIBA** BULLISH BREAKOUTDid anyone go all in ?
Other company supporting and helping Shiba to eliminate lots of Zeros and Shiba will make history. Made my research and looks like more than trillions of dollars going to be burn and do not sell ; hold it.
I fully know you’ll hit more than 5 figures in your profit. Buy and hold; don’t listen to those haters who know nothing about Shiba and Shiba has potential to breakout and go a lot higher.
1 cent is the target and then $1 if couldn’t reach then 0.001
The only thing I know about Shiba will hit 1$ in 2028
Last chance to buy Shiba before the big moveWhy I said last chance … because something big is going to happen and heard over $3.2 trillion Shiba tokens are going to burn
That means over 500x are coming.
If you are holding over millions of tokens owned with Shiba.. DONT SELL.. HOLD IT !
Target: 0.0002
Target 2: 0.0004
Target 3: 0.0008
Target 4; 0.002
Target 5: 0.001
Target final : 1$
Cryptolean Shiba Inu SHIB Update Shiba Inu found a support at $0.00002399-$0.00002509, the key daily support zone.
A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107.
A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911.
Intraday Chart
The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814.
(1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone.
A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762.
Support once read!
Thank you.
Buy Shiba 15 Min.Short buy position for Shiba. Note the pattern is still relatively fresh and not 100% played out. It may be advisable to place the SL in the middle of the green order block. I would also enter manually and only enter after 5 green candles in the 5 minute range. This entry point would correspond to the current approximately 2768. Good luck and always stay vigilant because something could happen at any moment, or not.
SHIBAUSDT Falling Wedge Breakout?Falling wedge pattern, coming to an end.
RSI is less than 50 - Showing a current Downtrend.
It also signifys that it has a lot of potential for a pump.
It's currently in accumulation phase.
MACD shows a change in momentum coming around, with gradual volume loss on selling pressure, although still showing bearish
STOCH - Shows it is now entering the buy area <= 20
Not my usual indicator to go off, but overall looks prime for a good pump again, 7d and 25d MA's are currently below the baseline, with the baseline having an awkward kick upwards on the last couple candles.
DYOR as always