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SHIBA INUSHIBA INUSHIBA INU
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SHIBUSD trade ideas

SHIBAUSD Possible Long If???Shiba has recently had a large run up, which I consider healthy after such a long downtrend. I would start considering a change of trend when the price crosses the current resistance (32.65) (Hopefully on a good volume), considering that the chart is also resembling a bullish triangle with decreasing volume. In my opinion, SHIB will still correct a bit up to touching the 9 MA, around the 38.2% level of the Fibonacci. After that, if Shiba breaks 32.65, buying pressure could probably push the coin higher. Note, all this analysis is useless if SHIB reverses under the 9 MA on high volume as this could be a fakeout for funds to try and liquidate some of their long positions. NOT FINANCIAL ADVICE!
FTX:SHIBUSD
by IceCreamMayDay
Shiba Inu Price Prediction: Sideways between 2944 and 3532How did Shiba Inu price perform yesterday? The dogecoin killer consolidated within Elliott Wave 4, following a bounce off the 38.2% Fibonacci retracement target of the corrective wave at 0.00002944. TA wise, what can we expect from SHIB today? The Shiba Inu price is likely to continue the sideways move between the tested support at 0.00002944 and 0.00003532, the Elliott wave 5 validation level. The preference is for an upward resolution towards 0.00003989/ 0.00004071. Alternative, a daily close below 0.00002944 is likely to lead to a deeper pause to the 50% retracement support at 0.00002775. FA wise, what can drive the price to the anticipated targets? An anticipated upward drive towards the target at 0.00003989/ 0.00004071 could be driven by a successful take up of Shiba Lands, a new initiative by Shiba Inu developers to enter the metaverse and claim market share against rivals Axie Infinity, Sandbox and Decentraland.
FTX:SHIBUSD
by twelve012
Bulls currently being held back by the downard pressure. The bulls are currently held back by the downward pressure from the ATH. The problem is that there isn't a very solid floor between this price and the ATH. Large upward movements like this are not desirable as the lack of support will almost certainly be answered by massive consolidation. Currently, so many people are looking to exit their positions that any upward movement in price is going to be incredibly difficult from here out. If L2 actually happens, the potential is that this lack of support will no longer matter. If L2 delays into the end of 2022 then this could be a rough ride for everyone as we return to early 2021 prices. If this happens, I will change my position from long to short as nothing will convince me this wasn't a rug-pull.
COINBASE:SHIBUSDLong
by CryptoTowed
SHIB by AcroScopicsFrom the last low @ .00001700, waves 1 & 2 may be over, and price may be in wave 3 Up, that is happening in 5 waves. It is possible that wave 3 of 3 of 5 may be complete and that wave 4 down may be complete. I've drawn in a 5-wave impulsive wave count just for wave 3 Up. It is possible that wave 5 Up will sub-divide into a 5-wave impulsive wave and that we are just started wave 1 Up of 5 Up of 3 Up. (If anyone can tell me how to add sub waves to existing waves on these charts, I would appreciate it). I've placed two directional arrows, the first at the green resistance line where price currently is. It's hard to know whether price is in an ABC corrective wave or a 1-5 impulsive wave until action after the 3rd wave, either 3 or C is finished. The length and strength of what I am calling wave 3 Up of 3 Up was quick and long... suggesting a wave 5 Up will come after wave 4 down is done. I've put in another possibility that this current wave up is only the B Up of an ABC corrective pattern for wave 4 down. Price has retraced right to the 38.6% Retracement Line, which can be an ideal launching point for the next up wave to exceed the preceding high. The 2nd set of directional areas is going to either be resistance or the level price needs to exceed to really put the wave 5 question to rest. Thanks for all the LIKES, FOLLOWS and COMMENTS!
COINBASE:SHIBUSD
by davidperkins1
SHIBA INU : PRICE IS READY TO EXPLODE - PRICE ACTION - LONG Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Take Day_Profits !
COINBASE:SHIBUSDLong
by DAY_PROFITS
SHIB - SHOWING AWESOME PRESSSURE RELEASE! What's happening next?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 showed very strong momentum releasing all its pent-up pressure like a volcano erupting spewing lava everywhere! But what's happening next? A. SHIB is now faced with resistance which was previous support back on the 21st of Nov. 2021 @ 3560. Pushing past this level could bring SHIB towards the 38.2% Fib above @ 4448. B. Getting rejected at the 3560 could push SHIB back down towards the 50MA, and further push downside could meet its 12MA again. MACD: About to cross the zero level, bullish divergence has not yet been fulfilled. Stoch RSI: Oversold Region, Bullish Crossover! 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
8
SHIB: A Roundtrip! Now What? CHASE IT!!We just poked through the MA200 YAY! In the short-term the Choppiness Index fell very low which means that a direction or trend has been chosen (duh lol). However, the RSI is now very high which means that it's overbought (on lower time frames). Feel free to suggest any other indicators that you like to use... Thanks for any comments or guidance, we are here to learn and profit. ______ EDUCATION: "The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market's trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending." www.tradingview.com
FTX:SHIBUSD
by TTECH