SHIBA INU - cute dog will eat DOGEIn my personal opinion - the climbing is not over yet.
It is going to find a way to wreck the dogecoin, many useful coins in shiba inu environment. It's pushing forward, also the RSI with MONEY FLOW and MACD, are looking good on long term chart (3D) which I like to watch to see general trends in cryptocurrencies.
Im holding some bag of it of these and I'm definitely going to hold it longer!
After this gain I will sell half and remain with this until it hits at least .01
As always DYOR!
Good luck guys!
Memecoin
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart.
The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel.
Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon.
Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021.
Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down.
In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price.
What are your opinions on this? I love reading your comments below.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoin
MEME Coin is in 177 days consolidationHello Traders,
Today I am with another cryptocurrency which has more than 100 days consolidation. Many meme tokens has gone parabolic in past weeks but OKEX:MEMEUSDT is still in the accumulation zone. Considering the long consolidation of Meme coin 300% profit seems reasonable to me. Leave your opinion in comment section.
Thank You.
END OF THE HYPE (SHIBA INU) SHIBA INU 1/4 hours Supply/Demand & Wyckoff Pattern Formation Analysis
- Spring had formed
- Wait for LPSY (confirmation to enter long)
- Exit when it reaches 1 Hour Supply (UT/UTAD)
- Short Shiba when it reaches 1 Hour Supply (UT/UTAD) at the same time, or conservatively, wait for LPSY (test of UTAD)
- Take Profit at 1 Hour Demand
- Wait for LPSY (CONFIRMATION to enter long)
- Take Profit at 4 Hour Supply
- It's better to sell all holding shib coin at last sell price ( 4 Hour Supply)
- Short after UT/UTAD formed at 4 Hour Supply or wait for LPSY (test of UT/UTAD)
- Take Profit after Huge Mitigation (might be at 0.28175, according to fixed range volume profile analysis)
Dogelon, the next Shiba?Dogelon, possible formation of cup and handle. We might still see the price to go down to complete the C wave and form the handle. Will this be the next Shiba?
SHIBA N U ~~ What aAre Doing Price is in a bullish channel, holding support at the 0.000053 region trying to make a short term higher low bullish trend reversal. A break of the upper supply channel may signal a bullish run. Wouldn't be surprised if price breaks down to .0000500 again to retest previous May 2021 high.