SHHIB close to support, lots of energy.Hello everyone, let's take a look at the SHIB to USDT chart at 4H as you can see the price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support where the price is currently at is 0.00002250 $, if the support breaks down, the next one is 0.00002156 $ and 0.00002066 $.
Now let's move on from the resistance line, as you can see, the first resistance is $ 0.00002424, if you can break it, the next resistance will be $ 0.00002540, the next resistance is $ 0.00002639 and $ 0.00002736.
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, which may result in more traffic in the coming hours.
Shiba
the full chart of SHIBAcrab harmonic pattern:
X=$0.00097
A=$1e-8
AB=0.61 XA
BC=0.38 AB
0.78 BC=$0.0000065
0.88 BC=$0.0000085
0.61 XA=$0.000012
1.13 BC=$0.000017
1.27 BC=$0.000024
1.41 BC=$0.000035
1.6 BC=$0.000062
0.78 XA=$0.000083
2 BC=$0.00017
0.88 XA=$0.00026
2.24 BC=$0.00033
2.6 BC=$0.00094
1.13 XA=$0.0043
3.6 BC=$0.014
1.27 XA=$0.022
4.23 BC=$0.076
1.41 XA=$0.11
1.6 XA=$1.2
SHIBA LongHey traders, in today's trading session we are monitoring SHIBA for a buying opportunity around 0.22 zone, once we will receive any bullish confirmation the trade will be executed.
NOTE: All of the bot accounts in the comment section complimenting some fake companies are SCAM.
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SHIBUSDT 1D TA: in a Wedge PatternThe price is in a wedge pattern that can be attractive in two ways if it fails. If it is broken from the top, it can move up to the resistance range, and by breaking the resistance, it has attractive targets. Otherwise, a downward trend occurs with the pattern breaking down.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SHIBA Volatile Move Ahead: Triangle AnalysisOver the course of several months, SHIB has formed a triangle pattern . Triangle patterns are classically ending in a strong climax either way.
Seeing that both crypto and stocks are trading bearish at the moment
most likely scenario will be for SHIB to break bearish
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Trading opportunity in SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT Shiba Inu
🔵 Long Now 0.00002460
🧯 Stop loss 0.00002175
🏹 Target 1 0.00002700
🏹 Target 2 0.00002950
🏹 Target 3 0.00003400
💸Capital : 1%
We hope it is profitable for you ❤️
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Shib Long is going to break heartsShiba is long... should have been long 2 days ago. The whole market is in a fake dump. Better to hold the long than short because of shiba's range. It is on sale for the rich.
It is a spot trade so watch for updates. Loss the last bet but bounce should be soon. Happy gains ya'll.
Update analysisI have update the Shiba Inu analysis after monitoring the price point on Sunday April 24, 2022. For the next 24hours I can see the Shiba Inu price trading between 0.00002408 and 0.00002230 highlighted in blue. If the price fails to break above this upper trade margin of 0.00002408 it could result in a downtrend towards 0.00002082. If not expect to see a move higher towards the profit margin 0.00002910. If $SHIB can break above this point, there's a good chance that a bull rally will extend upwards towards 0.00003573 and higher.
SHIBA Next Resistance test may be the last. +400% opportunity!This is an update to the Shiba (SHIBUSDT) pattern I published for SHIBUSDT on February 07:
As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone where it started a tight consolidation within the two Zones. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D LMACD sequences are identical.
In our opinion, the next test of the consolidation's Resistance level , will most likely be the last as it appears that Shiba is at the ver last stage of the 2021 consolidation. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021 and right now the two trend-lines are as close together as they can be.
So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !!
Do you think it is worth waiting for a lower price and miss out on this potential rally?
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SHIBUSD Break Above DowntrendSHIBUSD has shown a break above the dominating downtrend on the right side chart
On the left SHIBUSD on a different pair is also showing bullish signs, with a descending scallop formation
The big take away is that a big support has been reached with a triple bottom, bullish action will prevail and lead to 200MA continuation
$SHIB price predictionApril 23, 2022 Shiba Inu price prediction. I predict that the Shiba Inu coin is in for a price increase in the near future with the next target at 0.00002910. An increase to this price point would increase buyer sentiment and give a platform to propel the price to 0.000035. the lows to look out for are highlighted in blue and if the coin goes below 0.00002403, it could mean a retest at the point 0.00002175 or 0.00002067 and it could even mean a further decline in price from that point on. Due to the increase in trading volume in the crypto market and the recent Shiba Inu listing on the Robinhood crypto currency exchange I think that it is likely that Shiba Inu sees gains in the coming weeks and offers a good investment opportunity at 30% ROI.