SHIBA: BUY THE RUMOUR SELL THE FACTThe rumor of a Robinhood listing boosts some good momentum in SHIBA. The overall texture on cryptocurrencies is also positive.
SHIBUSD trade ideas
Shiba has defied downtrendShiba on H4, has showing a trend reversal .
Price has rejected the 0.30 and would expect to go up to first target of 0.00005 and to all time high.
SHIB is close to breakoutWatch for confirmed breakout on SHIB. This one has been patiently waiting for a pump.
Good Luck
Shiba Inu Finds SupportThe dogecoin killer, Shiba Inu. forms nice bullish reversal candlestick pattern - 3 inside up with bullish divergence on daily MACD. The invalidation level remains at 0.00002541 .
Happy trading
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Tilting the trend wedge up. So now we have broken out of the previous wedge. What's different than the Christmas Eve breakout is that this is above the floor. Downward pressure still exists. In the next publish the wedge will be tilt it up to match the new trend.
SHIBA INU- LOOOOOOONGDo not underestimate this little DOG...Buy on 18th Jan
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Shiba about ready to move, get ready!!Good Bullish divergence on the 4HR. This could be it. Buckle up!!
Fell below key level of support.The trend continues to be true. The floor had no effect on the overall pattern of decline on the 4 hr chart. SHIB is rushing back down to early-mid 2021 prices.
shib/usdIf you find that you are feeling emotional while trading it is time to take a step back. Be aware of what is going on in your mind when you place your trades. Your mind makes decisions for you and if it is clouded with other thoughts or not clear then step away.
Shiba is getting ready for a good up trend
All this time the price is trying to fall but fails to go lower! buyers remain in their positions and that is quite positive !!
The top athletes train themselves everyday, and this discipline rolls over into the rest of their live.
They also stick to a routine and schedule that can help them be their best.
And that is what we will do!!
I remain a buyer from the beginning until we see 0.001
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SHIBUSD hard way to grow and it has to break a lot of resistanceTo the secrets of a friend where I should not have bought and contrary to strategy, I am currently at a loss, it would be very bad if it goes below the support line (0.00002383).
Downward trend continues.We are not below the pre-spike level of support. There is nothing to support the price from dropping to pre-sept '21 levels.
SHIBA, Getting ready for 130% move.....Shiba sit on do or die support level.
There are no complicated thing without pump.
About to crush through the upper floor.It very well could be a blood bath if SHIB breaks through the pre-peak floor. There is no level of support below there until it reaches early 2021 prices.
Shib Inu Target 0.00012500In Spot Shibinu
Buy Cmp 0.00002980
Target 0.00005800
Target 0.00008500
Target 0.00012500
Shiba Inu Running Out of Time... Rally Coming? Or Danger Ahead?!Shiba Inu token (SHIB-USD) has broken even lower as illustrated with the modified primary PURPLE pattern . While we pierced down below our 38.2% retrace mark 3 times now, there isn't anything particularly bullish happening. If that changes, we should start seeing impulsive behavior very soon.
However, there is now an alternate RED pattern , which has us already beginning a deeper C-wave much lower to complete a much lower wave II pullback. We're looking at as much as 62% downside! Because many altcoins have deceptive, unclear charts, I'm relying on BTC and ETH as an indicator on the overall crypto sector sentiment.
At this time, both BTC and ETH are taking an ominous turn, which has the RED alt pattern looking more and more likely each day. If those two display immediate signs of a crash, it is probably best to sell or at least unload part of your holdings in SHIB. If the ensuing crash occurs, you may have a much better BUY opportunity then. What will a crash setup look like in BTC? Check out my just-published chart on that! (We very likely have a 1st-wave down and should see a 2nd-wave corrective bounce upward soon...)
Check out my explainer vid on YT!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#shibainu #shibainucoin #shibatoken #cryptocurrency
Early arrival of pre peak floor. Shib continues to shit the bed.
Down we go.
If it breaks through that floor we will see a massive drop back to the early days of shib.
Shiba Inu Coin Token Entry Reached Again for a Second Chance!In this video:
* A second chance for all
* Target entry price of .00002937 has been touched again
* I do not feel price will drop any lower
$SHIB GETTING TIGHTSHIBA getting ready for a move as it's really really tight in the descending triangle now. Critical breaking point .
Loves that .00003 line , was previous resistance before massive breakout, now has formed a double bottom (for now) which is bullish confluence. A break above the triangle I'd be starting to add long.
Break below invalidates idea.
Wait for the support zone and then BUY!My prediction for Shib is still bearish bleeding down to the strong support zone at 2826 where bullish trend is gonna follow all the way up and beyond 3068. My idea is based on a 4-hour Fibonacci analysis. If you like my idea please follow me at www.tradingview.com
$SHIB Trible Bottom PatternLooks like a triple bottom pattern established on SHIB. Hoping this indicates a breakout given the strong support level.
The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
There are a few rules that are commonly used to qualify triple bottoms:
There should be an existing downtrend in place before the pattern occurs.
The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance.
Breakout didn't happen.With the breakout failing to happen, and the price dropping to follow the long-term trend, it looks like we will be at pre-peak price (our first real but weak floor). There is little to support the price at that point. This indicates we might see a rapid return to pre-sept 2021 prices before spring. It could be argued that this lower floor is the true value of SHIB.
