SHIBUSD trade ideas
$SHIBUSD - Long Trade IdeaI am looking for a potential break of the downtrend line.
I am a bit early into this trade without waiting for proper confirmation (shame on me), so I must watch this closely and monitor for the potential downside.
I am looking to see a retest of the previous pivot high, which coincides with Alchemy Level.
Above that, I am predicting a nice squeeze to the first target.
Do you see it. Support the test and bulls will chargeCalled Aptos perfectly before the pump because my wife is my trading advisor. Now she says its shibs turn so buckle up and show your support.
300% to 500% is what my wife is betting on the next few weeks. Lets just see what happens next.
Going LONG with 30k
Using the wife indicator LOL>...
SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
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SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
SHIB MAY RALLY ANOTHER 40% IF THE PRICE WILL DO A BREAKOUTSHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%.
But the prices and the bullish closings of recent daily candles are following a neutral or bearish sentiment by respecting the upper boundary and the resistance formed. If the price still manages to respect the upper boundary and the resistance as a sell zone, there we may see another bearish trend that can revisit back toward the support highlighted.
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SHIBA INU - Is the price Ready To Skyrocket Again? 🚀Shiba Inu puts the turbo on and in the last few days, the famous meme coin has started to push again.
Shiba Inu has one of the largest communities in the world for this crypto and the price seems ready to go back up. The dynamic trendline acts as dynamic resistance and the price bounces above it to create new highs. As many would say, do we fasten our seat belts?
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Shiba Inu (SHIB), which was one of Wednesday’s biggest gainers, climbing by as much as 17%, fell by over 10% today.
Following a high of $0.00001295 in yesterday’s session, SHIB/USD dropped to an intraday low of $0.00001097 earlier today.
Thursday’s drop came as the meme coin was unable to cross a long-term resistance level at $0.00001300.
Despite the relatively large drop in price, the 14-day relative strength index (RSI) is still deeply overbought.
As of writing, the index is tracking at a level of 80.22, which is close to a ceiling at the 82.00 mark.
SHIB has somewhat rebounded from earlier declines and is currently trading at $0.00001114.
This is not a piece of financial advice.
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high and Low Shib HitI love shib .It takes patients to run with and determination to believe in it . due to the whole market running, January is a heart break hotel for a lot of new investors. shib has a great entry point around .00000823 . the profit point is around .00001222 and th break out is around .000013.
$SHIB having hard time @ neckline$SHIB having HARD TIME breaking NECKLINE
#SHIB buy volume comes in but not enough to break
Sell volume not as heavy but enough to cause drop
$DOGE looks good too
#DOGE likely have same issue @ neckline
BOTH
Long term ok
Great short term trade set ups
#crypto #Memecoins