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Shiba

ETH crashdump is not over, almost all crypto is going to get somewhat of a reset and rightfully so, especially the stupid memecoins, thats almost the dumbest thing thats ever happened in financial history. May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now. something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO. As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels. Goodluck everyone, dont let your bias get you rekt.
COINBASE:ETHUSDShort
by Trading-Trend
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.
by cryptodailyuk
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 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the id ea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
29
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
Short
by Colibri_Capital
1