SHIBUSDT trade in the way to boost upSHIBUSDT trade has hit maximum correction line and broke price range. Now trade will hit 50% fib level before it will hit new ATH.
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Shiba
are you ready for shiba (#shibusdt) long positionhello guys
as you see on chart #shib break out two important tools ;channel and ma90(i used ma90 because cryptocurreny is 24/7 market); so i really think this currency continue it upward movement.
if price give you a retrace i recommend you enter on that gray area.
i think another things is vivide on chart but if you have a question please ask.
thank you for your attention!
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SHIBUSDT, target reached. SHIBA inu. UpdateHello my friend, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always.
our target reached and now we have 2 support zone which you can monitor the price there to enter again.
Good luck.
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Write your comment and opinion below to me
Double downThe dog has been caged for too long. The ascending triangle pattern we find our-self in is a great indicator for a trend reversal. Yesterdays candle is what is enticing me to double down here. I am personally using a tight stop for this trade and going for the 1st take profit . Then, opening a trade with the loose stop and lower entry if I get stopped out. You can adjust accordingly due to your trading style.
Happy Trading!
Dashed Red Line = Tight Stop
Solid Red Line = Loose Stop
Dashed Green Line = 1st Take profit
Solid Green Line = 2nd Take Profit
Purple Line = Trading Range/Pattern
Shiba Inu (SHIB) with a daily breakout !!!Shiba Inu (SHIB) with a daily breakout !!!
If today's candle closes strong like this and we see further gains (in best case confirmed by new support line)...
...next target at $0.00002484 (LOG FIB 50%) can be reached quick since the volume resistance above isn't that significant dear Crypto Nation
What are your thoughts on that breakout?
*not financial advice
do your own research before investing
Update SHIB: Up 40% ! 143% potential gainsSince the previous post. SHIB pumped 40% already.
Time to move the stoploss above my entry point, to lock in some profits. The rest is free trading.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Shiba dropped 70% after signal - now potential rise of 143%?SHIB dumped 70% (purple price range) after the bear Supertrend Ninja - Clean signals (red vertical line on the background). Now there is a bull signal (green vertical line on the background) indicating a possible bull run to around to 2000 sats (0.382) or 2800 (0.618)) forming Wave 4. Which is about 143% (orange price range) possible gain.
SHIB is still below the the Ichimoku Cloud , which is considered bearish . Currently it is trying to break a resistance area at 1200. The RSI is still in a range/ slightly bullish at 52. RSI Brown at 72. If we take a look at the Average Directional Index ( ADX DI) its indecisive, as it is ranging. Almost horizontal. Currently SHIB is above its Basis Bollinger Band , Band Basis 20 Period SMA . While it is below the LSMA .
In short, SHIB is still stuck in a range on the 2Day chart. Although I am leaning towards a bullish scenario. Since SHIB price and the RSI are still forming a higher low. I do see an Ascending Triangle. Which is a bullish sign as well. Time will tell.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.