SHIBWBNB_E8DF15.USD trade ideas
Possible tilt of the trend upwards but I don't see a breakoutThere just isn't enough volume for a breakout to occur over the downward pressure. The next 24-48 hours will tell if this pattern is reversed. With the IRS demanding records of crypto PURCHASES, I just don't see this happning.
If we don't stop this long-term trend, then by the last part of Feb we will be back to pre-oct '21 prices.
SHIBA LongHey traders, in today we are monitoring SHIBAUSDT for a buying opportunity around 0.20 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
SHIBAUSD | Have we found our bottomHi everyone,
First of all unfortunately my first scenario was not validated, it happens and I hope that like me, you will adapt.
Then, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited.
Indeed, we have corrected to more than 0.786 of the Fibonacci retracement, this happens and can make us assume that our bottom is finally present.
However, let's be careful since it is not unlikely that we will correct beyond that to go for the 100% retracement.
To conclude, we note that bullish recovery signals are still missing to clearly define the trend.
However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices.
We remain focused and above all we remain cautious.
Let's give SHIBA time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
Buy Shiba Inu📈It's in an important price level and we must to search for buy opportunities on crypto this is why I think it will go up 📈
Shib approaching key levelPotential move to the upside on Shib if BTC can manage to break 38k-40k resistance
SHIB/USD Here is an analysis that is being presented in this current time/space with the current metrics of the periods of the token. The market has been tipsy. I think one to many, if you ask me. Going forward the correction has weeded out the garden for the most part. Once the market correct itself, which will be soon, things will be on the Up and Up.
SHIB - HORIZONTAL TRIANGLE, POP UP or DROP? What's Happening?Happy Money Monday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
This is merely trading opinion and not advise. DYODD.
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SHIB has been consolidating since the 22nd of Jan as it bottomed out at 1700 and is now in a Horizontal Triangle.
There's a 50-50 chance of breaking out to either the upside or downside although the previous momentum or trend was bearish, so just keep that at the back of your head as you await this break out.
So, what's happening next?
A. A breakout to the downside will bring SHIB potentially to back 1700.
B. A breakout to the upside will bring SHIB potentially to 2550
MACD: Below zero level.
Stoch RSI: Oversold Region
A breakout to the upside could potential be the beginning of a trend change as it will break key resistance @ 2350 and breaking the Descending Red Resistance Trend Line.
Price action is KING!
Always remember to place your Stop Loss.
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
More power to all your trades, my friends!
Ron
Intrepid_Trader
SHIB: TOO MUCH TIME IS PASSING, LFG!!!This is frustratingly dragging on and attempting to void previous ideas and hope. However, I am still gonna double down and buy more. I'm still gonna be patient. I think a lightning pop to the .xxxx30s could happen at any moment. But most will use that to sell and exit, I doubt it can hold up. This is just my mini rant, haha I need encouragement from the #shibarmy... btw anyone else burning? LFG!
BUY THE DIP AND HOLD TO THE TOP. It's going to get worse before it gets better.
It's going to dip a little bit lower and consolidate small up and downs until it finally breaks out with a huge super cycle.
SHIB Crypto Price Consolidation Is Ready For BreakoutThe week after week technical chart of the Shiba Inu cost is at present seeing a solid consolidation pattern. Coming to the day by day graph, the asset is currently in a consolidated move. The potential gain energy of the SHIBA INU can see a difficulty close to $0.00003. The resource cost on the downtrend may notice a disadvantage pattern close to $0.000015. The cost of the coin has seen a leap of over the disadvantage move and can before long see another high. The 50 DMA line is close $0.000029 and it can go about as a transitory threatening area for the coin. SHIB/BTC pair can likewise see a transition to another high later on.
Shiba Inu Shiba needs to break through the Fibonacci .0382 advance to 0.00002345. and if Shiba gets denied we can come back down to 0.00001870.
shibThe market value of shiba is 2 billion because 100 million dollars =5billion tokens x20= 500 billion
So if Vitalik or another billion bought a lot or let's be crazy the whole shiba and leave 18 thousand shiba ( like bitcoin which has 18 thousand bitcoin offer in circulation...
SHIB: BARGAIN-HUNTING SEASONAn important level to watch is .xxxx2125! The price must hold above this in order to continue higher. New buyers, bargain-hunters, or second-chance hopefuls should start to step in here. It is also tax-refund season and investors tend to buy Crypto. I think that the overall mood is about to change so I'm gonna continue adding at every support level. If you're short-term, use the .xxxx1800 area as a stop-loss. Good luck traders, check out my previous two ideas on SHIB. Thanks for all comments and ideas.
Shiba Inu to ADD a Zero. Trajectory to 0.00000708Multi Timeframe Analysis
Hint: BTC's downward spiral will ADD a zero to Shiba Inu
Shiba fan boys won't be happy, but the meme coin is on it's last legs. Note that price currently hovers on the last bastion of its Volume Profile (a zone where many buyers last stepped in). If this is breached, the next key support resides at 0.00000708 where a horde of holders lurk.
MARKET ORDER RULES
Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
-=ENTRY RULES=-
Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe
For SHORT:
4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line
For LONG:
4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line
About me
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow.
TA basics on SHIBA INUKnowing the basics of technical analysis gives you a great advantage over the average investor. Here is some basic TA with examples to help you identify trends, corrections, and potential reversals. If you enjoy content like this please make sure to like and follow. Starting in March I will be creating videos weekly analyzing stocks and crypto along with some basic lessons.
SHIB looking to move upWatch for a resistance breakout on the WHITE line.
Could pump to the descending YELLOW trendline.
Good Luck
SHIB - Finding Support At The 84? What's Happening Next?Happy Money Monday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
SHIB is sitting on the 84% Fib Level.
What's next for SHIB?
A. Further dipping could bring SHIB towards the 1340 level (Green Dotted Horizontal Ray Line)
B. SHIB could consolidate (move sideways) from here towards the Red Resistance Trend Line and as the 12 MA descends could meet up with it as well.
C. The most unlikely scenario but nevertheless could still be a possibility is that SHIB could do a U-Turn from here and go vertically to meet up with its 12MA.
MACD: Signal lines are still above the 329. If SHIB reverses and signal lines stays above the 329 level, then this will create a bullish divergence on the 1Day Chart.
Stoch RSI: Oversold Region.
Price action is KING!
Always remember to place your Stop Loss.
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
More power to all your trades, my friends!
Ron
Intrepid_Trader
78.6% Fib Level sits at %17,225
84% Fib Level sits at $13,668
SHIB crashes to $0.00002090Shiba Inu price analysis: SHIB crashes to $0.00002087
Today’s Shiba Inu price analysis reveals a bearish movement in the market. Nevertheless, the bulls try to counter bears in the fight for the market with their newfound strength, and there is hope for bulls as the odds stack in their favor, but for how long? As a result, the price of SHIB experienced a massive incline and reached $0.00002314, from $0.00002093; on January 26, 2022, the price crashed the following day.
Today, on January 27, 2022, the price has been experiencing fluctuations, causing the price of SHIB to increase and decrease without a pattern immensely. As a result, SHIB/USD price has risen to $0.00002087 while attaining a small part of its losses over the last few days. SHIB currently trades at $0.00002087. Shiba Inu has been down 5.25% over the previous 24 hours, with a trading volume of $1,215,194,022.
That darn crypto playing games But for real though I see it’s going to pop back down and test that support spot but not before some normal level of the Fibonacci like .618 or .5 or maybe but I feel is not likely is hitting the .382
Be reactive traders! Never predictive! Your not a fortune teller because if you were you wouldn’t be reading this lol
