Shiba's pathAfter a bearish rally, I guess it can grow to a few million percent, provided that the Queen of Bitcoin joins us.
Shiba
SHIBA INU price is preparing something interesting soonTwo months ago, we presented you with the "Adam and Eve" pattern, which is now in the process of being developed.
Since the publication of the previous idea, the price of SHIBUSDT has shown +75-80% growth and is now in the process of correction.
However, the SHIB price is once again reaching a balanced buy zone. And looking at the chart, you can see that buyers are trying to slow down the price drop.
Therefore, for the next few days/weeks, we can try to place buy orders for SHIBUSDT in the range of $0.00000984 - 0.00001044
The medium-term growth target is also +75-80%, that is, in the range of $0.00001710 - 0.00001880
The long-term target for the development of the Adam and Eve pattern is unchanged - in the region of $0.00003500
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✴️ Shiba Inu Correction Likely EndingWe have a nice full green candle yesterday that pushed SHIBUSDT right back above EMA100.
The correction is likely ending.
In early February SHIBUSDT hit its highest level since August 2022, what followed was a correction which is normal after strong growth.
Recently the 0.618 Fib. retracement level has been tested and a strong reaction took place.
Notice the falling wedge pattern in gray.
This is early but get ready... The correction might be reaching its end.
Namaste.
Shiba could do it again!why not run back to retest those highs? if the crypto market as a whole turns around this is for sure a possiblilitiy
All eyes on shib👀As it shown in the chart
Shib moving on down trend in daily chart and reached the golden support (0.618 fib level) with doji candel
It's a strong sign for bullish up in next few days
Don't forget to support us with ur likes, comment and follow for more ideas.💯🎯
BTC March Foresight currently I foresee a rally (bull > bear) to the 61.8 Fibonnaci retracement zone ($23K) prior to a fall back & dip to $18k....proceeding with a further push to $13k
LONG TERM SHORT ₿
(BTC TO $19K for TP.1)
(BTC TO $18K for TP.2)
(BTC TO $13K for TP.3)
3/03/2022.
Gideon Stephen
🔥SHIB TARGETS ARE HIGHER BY AT LEAST 20%!🔥 Hi friends! Shiba Inu made a pullback with other altcoins and Bitcoin. The news about Silvergate bankruptcy made a bad influence on the whole market.
They failed to file their annual report, citing a regulatory investigation - they are likely insolvent and have already lost most of their partners (Coinbase, Paxos, etc.).
It gives a chance to open a nice long, but we need more positive preconditions which I mention in my trading plan.
📊 TRADING PLAN FOR SHIB:
🔥 false breakout of the local low ($0.0109) and return the price above this level
🔥 volume growth is already happening, so it's a good reversal sign
🔥 bullish BTC
🚩 Friends, I use DOM and Footrpint scalping tools to track where the big guys sell and buy coins. If I will see that big guys buy SHIB during the false breakout, I will open my long with a short sl. These are very useful indicators.
✅ MY TARGETS FOR SHIB:
1. $0.0119-0.0125 - the value area and huge resistance (book 40-50% of profit here)
2. $0.014 - the key level
3. $0.0158 - the key level and local highs
What is your thoughts about BTC and altcoin? Will it go down or up? Write in the comments! I want to know the mood of my dear followers!
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
SHIBUSDT hit 4h support zone, likely to head to 0.00001268 levelThe price has hit 4h support zone. I would expect the price to bounce from here and lead us to at least 0.00001268 and probably upto 0.00001276 level. This is again trade against the local trend and that is why the gain as well as the loss possibilities are narrow.
SHIBUSDT likely to head up to 0.00001286How about this idea for a quick scalp of 1.5%-2%. Price has found support on the previous 4h resistance turned support zone. The price might follow through after that but lets focus first on this scalp and then we will see how we go from there if we achieve that target.
SHIB 12 HR Looking like it wants to break up! SHIB has been a runner! Keep an eye on this one because if it breaks above the yellow trend line of this falling channel things can get BULLISH really fast!
All it takes is Elon Musk tweeting a picture of his #DOGE and #SHIB will pump too! LOL! along with #FLOKI
A lot of ALT coins can run hard this week.... Get ready!!! Alt gains are mind blowing and will melt your face OFF!!!
Prepare your Coffee, load up on Monster and or Red Bull!!! LOL!
PRO TIP: Always have BTC.D (Bitcoin Dominance) chart open. When it starts to drop, ALT coins can run better! <---
Good Luck Out There!
SHIBUSDT to head for next resistance zone around 0.00001310SHIBUSDT is showing strength after consolidating under the 4h resistance zone. Now the price is trading inside the resistance zone and is likely to head towards next resistance zone around 0.00001310. The price might follow the path L4, S5 and L6 as depicted in the chart.
Trend or Counter-Trend ?A possible path for the upcoming days.
Wave degree:
Primary: Wave 5 (larger degree),
Intermediate: Wave 3,
Structures (Intermediate):
Wave 1 = Corrective rally,
Wave 2 = Impulsive decline,
Wave 3 = Impulsive rally
Target-1 = $ 0.000018
February 23, 2023
Check out my previous analysis:
SHIBUSDT likely to bounce to 0.00001256 from weekly supportThe price has now hit the weekly support. This is major support and we should have a good bounce from here. I expect at least a bounce to the nearest 4h resistance zone around 0.00001256 as a first step.
SHIBUSDT to revisit the zone around 0.00001239 Let us take another shot on this one. The likelihood of the price being rejected from the previous support region is high. It may revisit the support region around 0.00001239 which is also indicated by the path price may take.
SHIBUSDT to head again for 0.00001276 levelThe price has almost hit the smaller time frame support just sitting above daily support. It might still go and touch that support. But after that the price shall very likely follow the path L5 as shown in the chart. This definitely will make a case for visiting the 0.00001276 level once again which was the target of the original post.
SHIBUSDT to revisit close to daily supportHow about revisiting the daily support once again at least briefly and shying away only a bit from it.
SHIBUSDT likely to bounce here towards 0.00001276 levelThe price hit the daily support. This should make the price move up at least to 0.00001276 level to the upside.
SHIBAUSDT 6HSHIBAUSDT 6H
It follows the accumulative triangular figure, it needs to break through 0.00001398 to define an uptrend. But if it breaks 0.00001220 then we will start a bearish trend. Let's wait for the next candles. There is strong support at 0.00001256 which I believe will not break above it.
Here are the supports and resistances on the 6H:
Main support levels : 0.00001256 / 0.00001218
Main Resistance Levels : 0.00001366 / 0.00001398
RSI: Neutral
bullish MACD
EMAs are neutral.
SHIBUSDT to head higher towards 0.00001374 levelThe price has closed above 4h resistance 2 zone. This shows some strength in the price action and this may lead the price to the next level up. The probability of the price to aim for 0.00001374 level is high.
SHIB: Bullish PennantShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Now it’s consolidating in a from Bullish Pennant Pattern. Wait for a breakout, most likely bullish.
Pattern : Bullish Pennant Pattern. – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
SHIBUSDT heading towards 4h support around 0.00001290The price is heading towards 4h support 2 zone. It is expected to hit around 0.00001290 before any bounce from that support.
