SHIBUSDT - to the moon lolAccumulation occurs with the potential for output and a huge 200-300% pumping potential. It could happen this year. See my past ideas to see what has worked and how it has worked in the past.
SHIBUSDT.PS trade ideas
SHIB Price Bounces From Trendline; Will It Trigger A Reversal?
23% Fall with Recovery: Despite a 23% fall in the recent correction, SHIB coin price resurfaced above the support trendline, unlike Bitcoin.
Sharp Recovery: SHIB prices showed a sharp recovery of 5.66% from the support trendline.
Opposition from 50-day EMA: The recovery rally faced resistance from the 50-day EMA.
Bitcoin's Trendline Break: Bitcoin's sharp increase in selling pressure broke its support trendline, bringing its market value to $26K.
Shiba Inu's Bounce Back: Unlike Bitcoin, Shiba Inu managed to bounce back from the support trendline, though the 5.66% recovery was small compared to the 23% fall.
Golden Crossover Limited: SHIB's downfall limited the chances of a golden crossover, flattening the 50-day EMA.
Trading Close to Fibonacci Level: SHIB trades close to the 23.60% Fibonacci level of the long correction in early 2023, currently at $0.00000838.
Bullish Technical Indicators: Despite rising selling pressure, technical indicators like stochastic RSI lines and RSI line show bullish signs.
Potential Downfall: The intraday loss warns of high supply at the 50-day EMA, possibly leading to a 14% discount to $0.00000711.
Optimism for Recovery: Optimism in technical indicators and buyers at the trendline might halt the downtrend, with a recovery rally targeting the 200-day EMA.
Trading Lesson 👨🏫#2 - Understanding Consolidations in CryptoIn today's lesson I will explain the difference in consolidations.
Some of you are new to the market and are probably wondering what's happening exactly when it's not moving in price and when it's moving down more than up but would later return to the last price it was.
Well to best answer that question.
It's called consolidation:
It's a thing that happens in the crypto market where waves of prices fluctuate up and down calculating the sells and buys of the market until it meets a point of exit - after consolidating the actual price of the market you're in, and only has two places it can go.
There are two types of consolidation.
The first is where it does a price correction where you have rapid 📉drops or rapid 📈rises.
An lastly is a repeated wave🏄🏼♀️ that can run in the same location for a few hours, sometimes days, give or take how many orders were made within the past few minutes - hours - days - weeks or months.
Consider it like a balloon🎈 being blown into until it 💥pops!💥
Now this is where the problem begins - we don't know where it may go once it's done, could go up or down and when that balloon has popped it's rapidly going there. We could see the 0.00002000 - range within a few hours or just see 0.00000900 range within a few minutes, depending on the orders made for shib and the rest of the market as a whole, this can last for days, weeks depending on the amount of buys or sells.
Also note these are when you get the same surprise jumps like we did in 2021. It started off from the 850's and jumped to the 0.00001300 within a day.
However; right behind it, is a price correction waiting for a peak in the returns to meet its end. Once that happens it'll just fall or rise back to where the price actually suppose to be and starting the process all over again.
You may not know it but there are all forms of consolidations on ever chart from 1 minute to 4 hours to 1 day to 12 months.
You're in a consolidation right now and you don't even know it. Like the ones that occur on a weekly chart, This is what I call "a Seasonal Trend" the day, week, or month, is in a seasonal consolidation and is trending high or low.
But note anything can stop a seasonal trend and disrupt the flow of it, but it will continue the process as long as the damage done was not to bad such as major crashes in a seasonal up trend due to outside interferences such as massive sell-offs, regardless it'll still attempt to rise back because it's in a wave that's trending up-word, if the wave was trending down then it would do way more damage than expected.
But the worst thing to do in a consolidation day - is to sell while it's consolidating, the price may not go no higher or no lower, and if you sell while at a low price in a consolidation you will likely lost position and will have to wait for it to finish to get more shares let alone the original shares, that's if it drops, so best to hold while in a consolidation day, at least until closing.
So I hope this answers anyone question as to why your crypto stock of choice is not moving anywhere, it may not move for hours or even days. you'll just have to wait for closing hour to see if it will pop - hopefully on a positive outcome.
So Happy Trading Everyone
SHIBUSDTBINANCE:SHIBUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Wait for the downtrend to breakWith the defeat of the downward trends, we can return to the main upward trend, wait for the failure of these two downward trends, because our main trend is still upward, and do not be deceived by this fall.
If You have Long Trade on Shib. Must watch ThisShiba Make A Good Jump Up side. But Now Is Bounced Back from Black Line. Now Its retest Black Line (Daily). And if It Bounce Back from these line Then hold Long Trade. Otherwise You have To Close. And There Is The Point Where you can Open A Short trade. Till When price dont Cross Yellow Area. Is In Range.
Welcome to my channel! Here you'll find daily technical analysis
ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl
be sharing my insights and predictions to help you make informed
decisions
This ls Not A Finacial Advise
SHIBUSDT - caught the trendHi all! According to SHIBUSDT, the thoughts are as follows: the coin changed its trend in August and managed to break through several important resistance levels, while the rest of the crypto market is in an uncertain state. Now the price is testing a strong level, after which there was an upward impulse. Therefore, I believe that the price will bounce off this level with a target of 0.00001.
SHIBUSDT near major daily supportsAs we said before two major supports now are 0.0000075$ and 0.0000055$ and we can expect more pump near these support zones to the targets mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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SHIB/USDTAs predicted in the previous analysis, the price has successfully exited from the top of the triangle (downtrend line) and we have to wait for the touch of the first target and then the pullback to the range of the ceiling of the ascending channel and the broken downtrend line.
I recommend that the specified loss limit be observed and if the loss limit is maintained, reduce the average or buy. DYOR
SHIB/USDTDespite the successful exit from the downward trend, it failed to maintain the broken range and we see the price falling below the downward trend and entering the previous upward channel. Currently, the price is in a very attractive price range to buy. Loss limits and goals are specified in the analysis. DYOR
We are still in an upward trendAccording to the news published by the Federal Reserve FOMC , it caused a correction, but the trend is still upward, and the places I have marked are the best buying positions, note that after the failure of any downward trend, the volume can be increased.
Waiting for Short Position in SHIBAI'm waiting for a short position in SHIBA chart as I've shown in the chart.
Will SHIB Complete A Bullish Maneuver?
Shiba Inu prices are struggling to find footing at the 200-day EMA.
Despite the launch of Shibarium, Shiba Inu coin prices struggle to spark in a bearish market, affected by Bitcoin's fall.
The SHIB coin price has been falling drastically, reversing from the 50% Fibonacci level at $0.0000106, down by 14%.
The meme coin tests the 200-day EMA, but a long tail formation in the daily candle displays a lower price rejection, lighting a reversal hope.
The SHIB coin price shows an intraday growth of 1.30%, trading at $0.00000933, close to the psychological mark of $0.000010.
A dramatic increase in trading volume supports the correction phase, with technical indicators like MACD showing a bearish crossover.
If the bullish trend sustains above the 200-day EMA, a reversal rally could reclaim $0.000010, with a 50% Fibonacci level breakout driving an additional 21% gain.
Failure to rise above the 200-day EMA could lead to a test of the 50-day EMA, challenging the bullish dominance and marking a deep correction with a potential dip to buy.
Alternative Path to ATHIf price doesn't go up 50% this week, this could be the alternate pathway.
Yellow smiley is approx at the 1.618 fib extension from the bottom of the John Wick, going up to the first high.
Next would be a retrace down to the trendline where it coincides with the 0.5 fib extension.
Interestingly, this is exactly what happened before.
SHIB SHIB must break above 1050-1198 satoshi to be bullish. currently watching for the 821 sats fails down to 737 Minor 636 major support levels. I expect a nice pullback before a swing up which would shift the target run up to satoshi Instead
of the 6270 satoshi level The major levels up are the resistance hidden reversals where things could shift. so be weary of the range setup of the trades. Always keep confirmation breakout lines as your adjusted trailing stop loss levels This is just a theory and not financial advice my notes i share cause im a Nice FkN Azian
SHIB/USDT shortEntry Targets: 0.010411
Take-Profit Targets:
1)0.010255
2)0.010151
3)0.010047
4)0.00989
5)0.009786
6)0.00963
Stop Targets: 5-10%
Shiba +150% pump coming shib inu Last time I shared sell short analysis of shib provided 75-122days get we reach as I said we reached
Now before going new low which i provided earlier 😃
There is bull trap especially in alts & meme coins
Soon going to pump more than 100% pls note pls dyor before taking my signal 📌 #nfa
Anything just keep in private 💬
Shib short idea update. Shib looks exhausted as money flow and price action on the 4hr continue to look bearish. Late entry ideas could be at either boxed area if another drive higher comes into play. The higher area has given 2 chances to load shorts and could give a third but if you would like to play it a bit safer look for another drive higher and on the way back down enter as close to the top of the lower boxed area as possible with a tight stop. I think this is the best bet for either loading more shorts or entering late.
Shib survived to see $0.00008000 or more🤑 Last chance to buyOut of all my other predictions I failed to check one minor detail due to reasons of low likelihood of happening. But after closing today on 8/15/ 2023 I am fully convinced we may see the 4000 mark maybe more the rest of this year.
Sometime in the closing days of August Shib will see a massive jump to anywhere above the 0.00002000 range. It's likely both the timing and the buildup of shibs recent announcements. The amount of resistance Shib has been receiving maybe a sign once that red line reaches that green who to say it won't skyrocket.
It's ready for take off by september 1st and it may not be back to earth until Jan 1st 2024 so don't get left behind shib fans
shib update 2Hi guys, i MIGHT BE WRONG AND HURRY A LIL BIT, COZ PICTURE MIGHT BE more complicated:
look at the withe numbers of my alt count and notice, we've gut Mr.T right here.
Mr.T is a figure of continuation, so we are havin' ABC right now and we in B spot and will goin' down
OR
we are in 4 of 3 wave and 4 is a Combination of ZZ and Mr.T.
it will go up anyway, but for leveraged deals I recomment use stop-loss, coz there are some risks.
The trend is still upwardThe trend is still upward, these downward corrections in the general upward trend are situations that should increase the trading volume
Shiba - Bullish setup -$ SHIBUSD ✅Hello Traders,
BINANCE:SHIBUSDT after a long period of consolidation and accumulation is showing bullish signals.
At the moment we have the yellow trend line acting like resistance with high chances to be broken targeting 0.000015-0.0000155 price levels. We need a daily break of this resistance to have a breakout signal.
The Yellow curve is showing the next movement based on my view on this asset.
The best entry is at the resistance test, if holds on 4H timeframe after a breakout and acts like support sure the bullish movement will be very strong.
