Shiba
SHIB has exhausted energy on an interval of 1 dayHello everyone, let's take a look at the SHIB to USDT chart on a 1 day time frame.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00001351, if the support is broken, the next support is $ 0.00001163 and $ 0.00000847.
Now let's move from the resistance line, as you can see the first resistance is $ 0.00001585, if you manage to break it, the next resistance will be $ 0.00001850 and $ 0.00002068 and $ 0.00002287.
As you can see, the price is based on the first support, while the CHOP indicator shows that the energy was consumed on the 1-day interval.
Shibusd 1D Strong buyback after yesterday's fallFrom the beginning of 2022 the price of SHIBUSDT moves a smooth down channel with a price range of 100%
Usually the price moves in the upper part of the channel, but when the SHIBUSD price breaks below middle of chanel to the lower part, the fall is -40-50% in 1-2 days. It happened yesterday.
However, today the buyers of Shibainu showed great interest in the coin, and today's day candle of growth almost equal in size to yesterday's fall. Shib buyers showed one of the best results of buyout after yesterday's fall, which gives a good reason to follow this asset and bribe it in the long run.
Ideally, we would not want the price of SHIBUSDT to fall below $0.000015, there would be an ideal point to enter the long.
Well, the first target from above, in our opinion, is in the area of $0.000027
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Why are you so confident in a long position SHIB?We have seen a lot of posts about a good SHIB long, and we want to suggest that you consider an alternative scenario
There is such a logical chain: Elon Musk pampil on Twitter DOGE, DOGE is a meme token, SHIB is also a meme token, Musk bought Twitter and DOGE increased in price, which means SHIB will also increase in price, perhaps in the short term, yes, and the SHIB team is developing a project that can in long-term to ensure the growth of the value of the coin.
However, we suggest you consider this option:
1D we see an impulsive growth and the start of a correction, given that this is a three-wave correction, then most likely the triangle that is drawn can act as wave b, therefore, we can expect a trip for the stops of people who were campaigned in favor of buying, buying off by strong players, after which we can say that the correction is over , are you ready to sit out -40% in case of going down?
If you want to buy or submit inside the rectangle, then we advise you to wait for a beating before entering a trade
SHIBUSDT best opportunity to hitAs per our analytical prediction, trade hit extreme correction level with 1600+ PIPS. Now trade has best possible positions to go up.it will blast as it overcome accumulation period.
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SHIBA INU Bullish Bias SHIBA INU is trending inside a symmetrical triangle, so I am looking for a breakout from the upper trendline at .00002045 and I will be buying SHIBA. I will be targeting 900points toward the upside with my exit at 300.
Alternatively, any break below the lower trendline could initiate a further downtrend.
SHIB in the support areaHello everyone, let's take a look at the SHIB to USDT chart in 1 hour. As you can see, the price is below the local downtrend line.
Let's start by marking the support line and as you can see the first Stop Loss that the price is currently based on is $ 0.00001981 in the case of a support break, the next Stop Loss to consider is $ 0.00001916 and the next one is $ 0.00001838.
Now let's move on to the goals we can set for the next few hours as you can see in the chart, the first goal is $ 0.00002001 and the next ones are $ 0.00002103, $ 0.00002186, $ 0.00002269.
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and securing your stop loss positions.
SHIB has hidden bullish divergence... LONGSHIB is a tough hold but if you can hold the pain you will see the long I have been anticipating for 3 weeks. I do not short SHIB anywhere above 0.000022 on purpose. SHIB loves long middle fingers lol waiting for those shorts to panic. It's coming. Buy here. Its a spot trade.
On a spiritual level (I incorporate spiritual shifts with TA), it is a time of exploring pleasures. We just had a full moon. Now it is time for BTC to do what it does best liquidate the popular bets, because of the market and this fake dump, many have shorted. Don't be on that side. SHIB wnet long 23 percent last week. Don't be fooled we are not in a bear market at all.
Watch for updates, happy gains. We should reach 0.000032 by next week IMO. we have enough support.
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SHIBA UPDATE 📊 $SHIB UPDATE 📊
Currency Pair: $SHIB/USDT
Latest Situation: This share is in its strong annual support area, so a drop is possible, but it quickly reaches its current price.
Direction: Short Term
Risk: High
Current Price: 0.00002020
Up Probability: 56%
Down Probability: 44%
Direction: MID Term
Risk: Medium
Expected Price: 0.00002643
Breakeven Point: 0.00001515
Direction: Long Term
Risk: Medium
Expected Price: 0.00004042 to 0.00005345
SHIBA bounced fr base of triangle;may still retest it before BOSHIBUSDT broke below the yellow ascending triangle last April. Now it retested the base of a yet another potential BLUE descending triangle creating a double bottom at 0.00001840. It bounced & is still holding 0.000020 support. If this holds, next targets are 0.000022 breaking out of triangle & then the 0.000024 pivot which coincides with the black VWAP from the 2022 Jan bottom.
However, losing 0.000020 will point to a retest of the 0.00001840 April low or in the worst case scenario, the Jan2022 bottom at 0.000017.
Not trading advice
SHIB - Trade Setup ✅Let's see how SHIB is behaving.
This is a 1H chart. (Short Term)
Here is your trade setup:
Open your short positions once the price drops under the green support area.
And open your long positions once the price passes the orange resistance level.
Wait for confirmation before opening positions.
The RSI shows that ETH is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.00002073
Let me know your ideas.
Good luck.
Shiba Inu looking to repeat Octobers pumpIts too similar to ignore. From a daily stand point down to the hour. If the timeframe is the same we should be pumping this Friday ( I know where my paycheck is going)
Also we should cross the daily Macd today, indicating a swing in trends, further supporting the next big pump.
The candles look bigger and we're starting off at a higher price point then last time. I don't think its unreasonable to expect .0001 or slightly higher.
The fib scale starting at the ATH on 10/28/21 and running down to what I suspect is the breakout point, 11/28/21. Exactly a month apart. There does appear to be slight resistance on the levels, but nothing I'd call concrete.
SHIB support level to defendSHIB Shiba Inu is at the key support level of $0.00001800 from which it bounced this year, in January.
If it breaks bellow $0.00001700, then it can go back to $0.00001200.
i think we can see a reversal from this area to the $0.00002950 resistance.
Looking forward to read your opinion about it.