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Shiba

SHIBUSD Major bullish break! Repeating 2021??Exactly 2 months ago we posted the following 'odd' idea after we found similarities between Shiba's (SHIBUSD) post-May 2022 price action with the May - September 2021 sequence: The fractals looked identical, the RSI sequences too and the 2021 price action fit well inside the 2022 one. Today Shiba broke above the Lower Highs trend-line that has been in effect since May 05 2022. The 1D RSI is extremely overbought but is on levels that compared to 2021 were after the break-out and closer to the Resistance test. It is reasonable to think that a 100% repeat of that fractal and sudden test of the 0.00003 Resistance in a few days is unrealistic to think without the fundamentals of October 2021 and since we are only at the start of the new Bull Cycle. So a more pragmatic approach would be to use the previous Lower Highs, which as you see match fairly well with the Fibonacci retracement levels from the April 12 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
5
SHIBA INU price probably forms the "Adam and Eve" patternIt is very likely that the process of forming the "Adam and Eve" trend reversal pattern is underway on the ShibUsdt price chart This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern: - a spiky "first bottom" on the largest trading volumes, - "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions. If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830. Medium-term targets for growth: $0.00001300 and $0.00001700 The long-term target for the growth of ShibaUsdt price is around $0.00003500 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
36
✴️ ShibariumOn Friday we looked at Shiba Inu (SHIBUSDT) on the weekly timeframe and its long-term potential... 300% to 600% can be achieve... See below: Looking at the daily timeframe, we are getting a different type of confirmation. -> Shibarium is being launched which includes a new token burning mechanism for SHIB. This is fully confirmed by the chart and can lead to a fast 100% jump. We've been tracking SHIBUSDT for a while and the bullish bias became apparent early January as prices broke above EMA10 and EMA21. The reversal signals started to show much sooner as is normally the case. For example, the bullish divergence on the RSI between Oct. and Dec. is one of those that gave it away. Here is one of our favorites so far, 22-Dec-2022... Patience is key! It takes time for our pairs to take off... But once the action starts, it goes fast and strong. Enjoy the profits. Be prepared. Write down your plan and make sure you know when you want to rebuy and when exactly you want to sell, and how much at each resistance level. Never become complacent, things can suddenly change. Safe is better. Opportunities are endless. Namaste.
Long
by AlanSantana
2
Another confirmation of the trend lineHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ SHIB confirmed once again the global countertrend, can we say that there will be a breakthrough? Perhaps you will see it, but after another market correction, when the altcoin dominance wakes up... You may have noticed when there was a strong takeaway of bitcoin, the alts almost stood still, although with such volatility in bitcoin, you should expect 20-30% from alts. This suggests that the manipulator simply endured bitcoin without paying attention to the alts, because the crowd is now paying special attention to some projects due to a number of different scams. I think that the alts will start to fly soon too, when they start to exit and enter the alt from the cue ball, while I think that we will see a downward movement in assets in the wake of bitcoin!
Short
by DanilBlinkov
3
DOGE & SHIB - To enjoy Profits 💰🤑 You have to SELL !Hi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 A quick one on Dogecoin and ShibaInu for the short term. Both DOGEUSDT and SHIBUSDT have increased along with Bitcoin pulling the markets up, with Shiba Inu already increasing 21%. This would be a great point to take the majority of the profit. Although it's never wise to try and catch the exact top, both altcoins still seem to have another leg to the upside according to technical indicator Phoenix Ascending and the Bollinger Bands, which is also why I am labeling this post as "Long". Remember, the only way to secure profits is TO TAKE PROFIT, in other words, SELL on GREEN and BUY on RED. I suspect this weekend will have lots of volatility, so remember to pre set those orders! _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
22
SHIBA INU Bullish Harmonic Pattern on 12h TimeframeHello everyone, For Shiba lover, we have a well coordinated harmonic in this timeframe along with a falling wedge breakout atm, not going to do leverage on it but it makes more sense to start accumulating shiba inu for a breakout soon ! these harmonics are the very powerful tool when it comes to determine the trend and bias. if you have any query do let me know , bear this in mind that this is a swing trade should be follow carefully. Regards, Hedgers.
BINANCE:1000SHIBUSDT.PLong
by TheHedgerss
2