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SHIBA INUSHIBA INUSHIBA INU
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SHIBUSD trade ideas

SHIBAUSD | Have we found our bottomHi everyone, First of all unfortunately my first scenario was not validated, it happens and I hope that like me, you will adapt. Then, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited. Indeed, we have corrected to more than 0.786 of the Fibonacci retracement, this happens and can make us assume that our bottom is finally present. However, let's be careful since it is not unlikely that we will correct beyond that to go for the 100% retracement. To conclude, we note that bullish recovery signals are still missing to clearly define the trend. However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices. We remain focused and above all we remain cautious. Let's give SHIBA time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment, thank you ! (This is my own hypothesis and in no way suggests a buy or sell advice.)
FTX:SHIBUSDLong
by MelvinGst
SHIB - HORIZONTAL TRIANGLE, POP UP or DROP? What's Happening?Happy Money Monday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. This is merely trading opinion and not advise. DYODD. ============================= SHIB has been consolidating since the 22nd of Jan as it bottomed out at 1700 and is now in a Horizontal Triangle. There's a 50-50 chance of breaking out to either the upside or downside although the previous momentum or trend was bearish, so just keep that at the back of your head as you await this break out. So, what's happening next? A. A breakout to the downside will bring SHIB potentially to back 1700. B. A breakout to the upside will bring SHIB potentially to 2550 MACD: Below zero level. Stoch RSI: Oversold Region A breakout to the upside could potential be the beginning of a trend change as it will break key resistance @ 2350 and breaking the Descending Red Resistance Trend Line. Price action is KING! Always remember to place your Stop Loss. Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:SHIBUSD
by RSibayan