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SHIBA INUSHIBA INUSHIBA INU
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SHIBUSD trade ideas

SHIB: Another IH&S! Some Key Points to watch from here.• On our last analysis on SHIB I warned about an IH&S chart pattern, that did work very well, as by the moment SHIB broke our key point, it hit the previous resistance with an astonishing precision before dropping again (link to my previous analysis below this post); • Now, we see the same pattern again, so what are the key points? The trigger point is the black line, while if it loses the red line it’ll frustrate the pattern. The technical target would be the previous resistance at the green line. This is a normal configuration of an IH&S; • However, if SHIB loses the purple line, then it might face more serious problems in the mid-term, as this would indicate a sharper sell-off; • For now, let’s pay attention to these lines and see what happens. I’ll keep you guys posted on this. Remember to follow me to keep in touch with my analyses!
COINBASE:SHIBUSD
by Nathan_The_Finance_Hydra
3
SHIB: Looking VERY GOOD! Key points to watch next.• SHIB is trying to trigger an IH&S chart pattern just above the key support at the black line; • Would be important to see SHIB breaking the blue and purple lines in order to trigger a bullish reversal – this could make it seek higher levels; • However, if it loses the black line, it will frustrate any possible reversal thesis, and the next stop is at the next support, around the red line; • Whatever side it breaks, SHIB looks interesting. For now, let’s pay attention to these lines on the chart. Remember to follow me to keep in touch with my analyses!
COINBASE:SHIBUSD
by Nathan_The_Finance_Hydra
SHIB/USD Downtrend BreakoutThe idea here is about SHIB/USD: My view is short term Bullish for the below observed technical factors. Points as per TA on Weekly & daily Chart: 1. Broken out of Downtrend Channel as per below: 2. Possible Double Bottom pattern formation on a weekly chart await for neckline breakout as per below: 3. Possible Bearish Bat Harmonic Pattern CD leg in formation as per the published chart . 4. Bearish Cypher pattern completed on Daily chart, Target 1 Achieved & support confirmed at the time of publishing as per below : 5. Trading below 20 EMA on a weekly chart & above 20 EMA & below 200 EMA on a daily chart. 6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily & weekly is Neutral at the time of publishing. 7. RSI is at 47.07 on a weekly Chart and 68.27 on daily chart at the time of publishing. 8. MACD above signal line on weekly & daily chart. 9. Hull Moving average on daily is a sell and Strong buy on Weekly & monthly. 10. ADX ( Average directional index ) trend strength is at 8.2 on a weekly which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend) & 43.17 on daily chart which indicates strong trend. Projected Target with %: Double bottom & bearish Bat targets are almost aligned at the same point. A). Conservative entries can wait for retest & neckline breakout confirmation on weekly chart for double bottom, target provided in chart. B). Bearish Bat target provided in chart. Stop Loss: provided in chart. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So Please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
FTX:SHIBUSDLong
by Tron029
SHIB CRASH INCOMING 🔥😲🔥It's happening right now. Holders will be devastated with losses. SHIB burning was the last support offensive to maintain the market price. People will not continue to burn when the price starts dropping. Im waiting until the market price comes back down to reality and stable market conditions. The market is still inflated and almost everything will drop another 50% or more leading up to the ethereum merge and after. Proof of stake for losses
COINBASE:SHIBUSDShort
by UnknownUnicorn35774657
8