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SHIBA INUSHIBA INUSHIBA INU
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SHIBA INU

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SHIBUSD trade ideas

$SHIB - Reversal and uptrend after triple bottom$SHIB tested support 3 or 4x and is now starting an uptrend trajectory. 5x in a short period is not much for stocks, 10x is nothing for crypto. $SHIB can potentially zoom by upper trend line with ease and go much higher beyond upper resistance line. Currency, like the $USD, has value only because it has mass adoption and acceptance. $SHIB has one of the broadest distributions of any crypto so far, I believe they have more than 1MM+ unique owners, they call them the SHIB Army. Intermediate min target is .00012-.00015, the upper trend line, depending on speed. Longer term, potentially much much higher.
FTX:SHIBUSDLong
by lamasheen60134
Shib-play, Shib-army, Shiba-staySo Shiba went a little lower than the support in the low 40s. Considering the drop of major players and the market as a whole, the fact that its support around 38 is holding strong is a good indication that it could still reverse its recent downward trend and see some gains. There are many clear resistance zones in its way but if it can reach approx. 42 I believe it may be good for a long. Shiba Inu has continued making news, new listings, entrance into gaming market, top 2 crypto on twitter, the list goes on of why it stays relevant. Much to many blue chippers' dismay this DOGE killer appears here to stay. I've got a bag Hodl'd away under some wood chips in my hamster cage and like the lower 40s as an entry to fatten my bags. A drop below 38 could be a bad sign on the other paw. Remember, I'm just a hamster!
COINBASE:SHIBUSDLong
by BlockchainHamster
4
SHIB - PREDICTIONSAll, SHIB has the hype, but definitely a horrible market cap/tokens available. Let me start off by stating the obvious. SHIB could cure cancer, but if BTC/ETH are tanking it will tank also. This is one of the biggest reasons I tend to stay away from Crypto entirely. With that being said I do trade some in high retest areas where SHIB is now. So before you think you have the perfect setup as always check father bitcoin and mother ethereum, because if they go down you go down with them. Color predictions Green (unlikely) - BTC would need a big reversal from tanking, in theory this is a high retest and definitely should/would move most stocks. However... I think big money doesnt want it to bounce here I really don't see SHIB getting past that pink resistance line so definitely would be a solid profit and might be a wave 1 hit and might pass it later on. Still I think overall green isn't going to work unfortunately. Too many coins not enough profit/risk on big money. Orange/Yellow (most likely) - Makes tons of sense to bounce on retests here 32-24 range it's up to you to decide where and be patient/watch big money and obviously watch BTC/ETH etc. Pink (unlikely yet, but if it got there a massive bounce) - Pink would be a banger on that retest. I could see pink going 100% possibly. In general I hate anything with this much market cap/coins/float (stocks). It's ALL dictated by big money because the chances retail moves anything over 1 billion is about 0.0%.
COINBASE:SHIBUSD
by DigitalData
7