ShibThe Sheba is in an important resistance, you need to break the range down to drop to the bottom 0.000057
SHIBUSD trade ideas
MY MINIMALIST CHART ANALYSIS FOR SHIBA INU$SHIBA
On a Weekly Chart
LONG POSITION
08.29..22
1300H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
Entries for a BULL SWING when $BTC starts up and running.
Based on VITAL SIGNS ( RSI , STOCH , VOL., MA VOL.) RSI still needs to go down at 20-30. It has been accumulating for the past 4 months and is in a zone where it is very attractive for BUYERS.
Bitcoin is also holding strong support at the 20k zone and is shy away from being oversold at the point of the previous capitulation.
1. It is also on its way to a 0.618 FIB RETRACEMENT and we can expect a measured move towards 0.00002450, on top of a MINOR BENTO BOX in light brown for a POSSIBLE PARTIAL EXIT.
2. This may then push towards our possible first exit depending on price action at that given time around the months before the end year.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Let the Chart speak for itselfHuge triangle pattern formed since Jan 2022. We may see a rally down prior to a break out. Is 0.000008 a resemble price point??
Shib.usdShiba, I think that Shiba will either start falling from here i.e. the price of 0.00001243 or from 0.00001351 and in the first stage it will reach 0.00001117 and in the second stage if the decline is intense, it will reach 0.00000959. Good luck.
SHIBUSDFed is still hawkish and will raise rates more than expected we will see the last leg down before we can start buying for long term.
Shib.usdShiba, I think the upward trend line has been broken and the price can make a pullback around 0.00001315 and reach 0.00001121 in the first stage, and if there is a strong downward trend, it can even reach 0.00000979. Good luck.
SHIB next price target, then retracementSHIB next price target, then retracement
$SHIB going back to previous high levels, then healthy re-consolidation before moving higher up. Crypto moves slow, set limit sells and limit buys
#shiba signalWait until it breaks 1350, then set your order, it will give you a good profit i am bullish
SHIB.. getting ready to break out?!I'm not exactly the biggest fan of $SHIB, but i cant help but look at this chart and imagine the possible upside if this breaks up!
ill be keeping a close eye on this going into the start of the next week. With ETH leading the charge, and alt coins performing so well.. if this continues to push, i believe a LONG position to the .5 fib on SHIB would be fairly safe bet.
Shib.usdLet's do an analysis of Shiba for the first time. I think Shiba will start falling from the price of 0.00001468 and reach 0.00001271 in the first stage, and if the decline is strong, it can reach 0.00000954. Good luck.
2nd Leg Possibility for SHIBI'm betting we'll make a second leg up after the most recent breakout. SHIB has some catching up to do compared to other coins that pumped this summer.
Entry at 00001603
Profit Target: 00002022
Stop Loss pretty tight, as I jumped in on a higher low.
🤙🏽
4 day outlookMeme coins are rallying again, outperforming bitcoin and ether. While historically that has portended a market-wide price crash, this time might be different.
SHIB is breaking out againyou can see from my chart the MACD is about to cross again
price is resting on the moving averages
SHIB is also moving and performing better than other cryptos at the moment.
Shiba inu triggering inv h&sMeasured move should take price action above the 1day 200ma. I think it will ultimately hold candle body resistance at first but if it does something similar to what quant did it may flip it to support sooner than later. *not financial advice*
SHIB has broken throughshib has broken through the pressure zone
This coin is very special
As long as it breaks through, it will keep pulling
Follow me to take you to achieve financial freedom
UPDATE: The Puppy is running!An update to my previous post concerning SHIB, which was on the verge of a breakout from it's long term down trend. Not only did it breakout of the trend, it continued in a new uptrend until finally going parabolic Saturday evening (8/13/22). Good stuff! I've included a projection of where I think it might go next based on some analysis of fib extensions from the previous run up. There's a long way to go, but with crypto these things can run fast and hard. And crash as equally hard.
Weekly Market Forecast Ep.47The JPY is still strong for next week expecting XXXJPY to sell off, the USD will weaken for the first two days and gain strength from Wednesday with the FOMC. From a Technical aspect, XXXJPY is correcting and USDXXX is completing the correcting and getting ready for a rally, and the opposite for USDXXX we have to see a drop maybe not massive.
Double downThe dog has been caged for too long. The ascending triangle pattern we find our-self in is a great indicator for a trend reversal. Yesterdays candle is what is enticing me to double down here. I am personally using a tight stop for this trade and going for the 1st take profit . Then, opening a trade with the loose stop and lower entry if I get stopped out. You can adjust accordingly due to your trading style.
Happy Trading!
Dashed Red Line = Tight Stop
Solid Red Line = Loose Stop
Dashed Green Line = 1st Take profit
Solid Green Line = 2nd Take Profit
Purple Line = Trading Range/Pattern
$shib Inverse Head and Shoulders UpdateThe thesis is still forming and as of writing shib is up 9-10%. The shiba inu card game seems to be in beta and has been released in Vietnam. I don’t want the headlines to confuse people, but I believe it’s only in beta. The candles are still holding strong and marching forward. Sooner or later the bulls always go on parade.
SHIB is ready for recoveryRemember the addage "the longer the base, the bigger the boost?"
SHIB and other cryptos have fallen along with tech and now tech is making a return
NVDA is seeing new investment and we appear to be seeing a recovery in cryptos
there's been a long flat base for the last 4 months and a doji on the monthly indicating a reversal
