SHIBA INU PRICE CHART BREAKDOWNShiba Inu (SHIB) is lookin' REAL juicy on the 4W chart!
Here's the lowdown:
💎 What’s Got Me Hyped About SHIB 💎
Check it—there’s a Doji Star pattern chillin’ on the 4-week chart.
Doji Vibes:
A Doji is that candle where the open and close prices are almost twins, showing the market's all confused.
Usually pops up after a dip or during a pause—translation? This could mean a reversal’s on deck!
📊 Levels to Watch:
Retest Alert: That 0.00004575 zone? It's looking primed for a retest—likely around March 2024. 🚀 (Yep, that 0.618 Fib level’s in play.)
Bullish Goals: If SHIB keeps up the heat, we could be lookin’ at 0.00006030 (+203% 🔥) or even a shot at 0.00009000 (all-time highs!) 🐕💎
The Dog’s been snoozing since 2021, but I swear it’s about to go BONKERS!
💥 Breakout Watch:
I’m still waiting for that BIG move on this token. Keep your eyes peeled for:
Green Candle Confirmation: A fat green candle closing above the Doji high could lock in the reversal.
Support Levels: Check how SHIB handles 0.00002018 - 0.00003185 for extra strength vibes.
This Doji Star might just be the signal we’ve been waiting for to take SHIB to the NEXT LEVEL. Let’s get it
SHIBUSD trade ideas
PatternsThank you for your time.
Chart patterns are very subjective, but do you see a bull flag pattern and a inverted head and shoulder pattern inside of it forming? We need a confirmed break out from the parallel structure and the resistance line combine with good RSI readings and SRSI readings to confirmed theory. Candle is still printing
SHIBA still in the fightPositives- the signal for the bottom CM Williams Fix Vix indicator is flashing green, hypothesizing that the bottom is in or forming
-price forming above the 21 EMA
-RSI is healthy but not spectacular
-CCI is positive but not high
-price forming around 50% Fib Level
Negatives
-no bullish candle printed yet
-still in downward parallel channel
- no bullish activity yet on the SRSI
Be very careful and keep an eye on the negatives check timeframes and wait for the candle to print.
Friendly ReminderJust a friendly notification, to check resistance levels and Oversold/overbought indicators and watch out for candles and wait for the candle to print. SHIB is lingering around a resistance level and RSI and SRSI and CCI levels indicate caution overbought territory. Have a bless day.
SHIB IS PRIMED FOR A MASSIVE 123% MOVE HIGHERCRYPTOCAP:SHIB
SHIB IS BREAKING OUT AND IT'S A BUY RIGHT NOW!
ITS A #HIGHFIVESETUP MEANING THE FOLLOWING:
1.) BULLISH uptrend on MACD (blue over orange
2.) BULLISH uptrend on RSI (higher lows)
3.) BULLISH uptrend on Stoch (red over yellow)
4.) We have a volume shelf with a volume gap
5.) Breakout on the symmetrical triangle pattern
Price Targets for this Weekly chart:
PT1: 0.000029584
PT2: 0.000044097
SHIB Looks BullishShiba appears to be entering a bullish wave C.
By maintaining the green range that overlaps with the KEY level, it can go to the ATH.
You should not have an emotional entry, you must have a set position to enter.
Shiba's market cap is 13B, which is a bit heavy, and you shouldn't expect big profits from this coin.
The target is above ATH
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ShibUSD...all setup on Daily & Weekly charts. Plz see.
I don't hold this particular Crypto and I am not taking this trade as such as I have enough that could go wrong already.
But this one has a Daily head n shoulders pattern which will be a rocket upwards, bullish macd and rsi momentum and the weekly chart lines up in a similar vein.
Hmmm, I think this one has an awful spread on the buy, but i'm not certain.
Oh, what I also like about this trade is that the 200ema (white thicker line) is situated right below price on the daily.
SHIB/USD daily chart analysisFor a bullish bias to remain intact, SHIB/USD should stay above the ascending trendline, ideally with support from the 50-day SMA and increasing Stochastic RSI.
For breakout confirmation, look for a close above the 200-day SMA, a breach of recent swing highs, and strong trading volume, all of which would reinforce the probability of an extended upward move.