SHIBUSD trade ideas
SHIB TO GO LONGIn fundamental analysis, SHIBUSDT is definitely going to go long. This is mainly because of their project of burning more than 2 Billion SHIB coins reducing the total supply and increasing the price.
In technical Analysis, SHIBUSDT is still going to go long, it just recently broke triangle formation, retested the 50% fib level, It will most likely retest and go long. I am not a financial adviser but I suggest SHIBUSDT is a perfect investment
SHIB TO BREAK TRIANGLE AND GO LONGI am not a financial advisor, but I feel Shiba Inu coin is definitely going long. From my analysis it has formed a triangle as a continuation move and will break out any moment soon. In other fundamental analysis, SHIB burners are planning on burning 1 billion SHIB coins so with these two analysis it's definitely a long
Today is an important day for shiba!!today is an important day for Shiba because it's directly on the VWAP after the long trading range and now there is good vol of sellers and buyers in the last days there was a short bullish tendency with a big vol
so there are 2 possibilities :
+if it rebounded on the Vwap 70 % there'll be another explosion of Shiba
+if it breaks the Vwap 89% there will be a downward tendency for Shiba
so take care of your wallets today and open them it's a chance.
Good luck
Super Bowl Bull Flag Breakout Coming for SHIB?A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future.
As a bonus, zoom the chart out for our mid term target zone!
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SHIBA - TREND UPDATEHello trading friends,
This is a trend update for Shiba.
As the charts show Shiba is a very risky coin and more when users trade futures. we have seen before a breakout - and also on last trends on BTC Shiba did breakdown - make sure you have always good SL in case of trend return.
As you can see in the chart the green box, it's possible that Shiba can go there, as activating the new box area but this is not a guarantee. we should check or Shiba will find support by the box where it is now - if support gets confirmed by re-test- then we can see Shiba increasing further.
This update is a trend update and gives no signal to sell or to buy this token.
Have a great day.
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SHIB ready to wave bye to 3000sNot a financial advisor.
Been a while since the last Shib post - happy to finally change that.
SHIB appears ready to start some EW up & to the next leg in the 4000s
Its like theres a chance at a Super Bowl ad ;)
Next Fib level is 4400 big volume sends this further - has to be a lot.
Getting a MACD cross on 4 hour
TSI cross 4 hour - signaling big movement.
RSI Curling up
Looks to be the last time we see 3000s imo
Reversal on the candles holding well on MAs
We have a small level of support but ...It doesn't look like volume is high enough to bounce the price significantly. Bitcoin needs it have a good day for it to happen.
If the price does bounce, it could be temporary because of that ever ominous resistance trend since the ATH. Volume is needed to get past that red line.
Bullish pennant Continuation flag. 4 hour chartAfter Shiba Inu's massive 60% pump, following in bitcoin's bullish footsteps... We are now forming a bullish pennant on the 4-hour chart.
The chances of another break out to the upside are relatively high.
I'm pretty bullish on this, considering the MACD is showing weak bearish momentum and near convergence.
We are also above all important moving averages. the 25, 50, and 100 day EMA. As a side note.
Our next target should be around the 0.00004 level.
Shib to the moon!
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!