In this video I breakdown SHIB using the Daily, 4h, and 15m timeframes. Retail traders were hoping for a new ATH following the recent news stories going viral like the Kraken listing, game development, and increasing holders. But not so fast... I show you the current support SHIB is testing and where a breakout or a shakeout could take us next. Do you agree...
SHIBA INU trying to retest resistance EMA 50 TF 1D. Sell pressure is high. Support around 0.00002989 - 0.00003157 If the support break it will be around 0.00002289 - 0.00002478 (Strong support) Price always reversal there. Take a look my previous idea:
Even though it break trendline but still has strong support on EMA 50 TF 1D also it has strong support on fibonacci 0,786. Wait n see for confirmation before take position.
Shiba movement is getting smaller.... expecting sideways movement for upcoming days.. MACD shows bull is getting weaker. what's next? Price need to stay sideways and above 45 level.. and wait for MACD to " kiss" or Crossover. (may take weeks , unless a strong bullish candle make a come back) next strong support would be at 0.00003 level if 45 unable to hold...
This is not financial advice, but simply technical analysis with some DD. Shiba Inu Token is about to break out. 1. Volume is increasing 2. Has respected trendlines acting as support (green) 3. Resistance at .000056 appears to soon be broken (need more volume, but slowly rising). 4. MACD on the 4 hour chart is almost positive since the last leg up. It goes back...
Chart pretty much speaks for itself. PT determined from height of triangle to estimate an exit. Really all depends on chart context at that point. Happy Trading, Stefan
Experts investigating Shiba Inu have found a connection with Ethereum co-founder Vitalik Buterin. Buterin or Ethereum core developers may be associated with the Shiba Inu token's creation and development, according to findings by Figaro Research. The news has sparked a sudden rise in take-up of the coin over the last 24 hours.
The 4H Chart for SHIBA INU (SHIB) shows a long term trendline (magenta color) with the current price in a parallel channel. If it remains in the channel, there may be a 15-16% upside potential. If it falls, keep an eye on the trendline for support. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for...
WELCOME TO CRYPTO4LIGHT IDEAS BINANCE:SHIBUSDT Shiba potentialy can make a retest previews ATH and if buyers hold this level the last upside move will be to exact target what I marked on chart! TREND ⬆️ Possible retest once again 0.000049 If this test is fail next move down to 0.768 lvl fib 0.000040 Possible Targets ➡️ After retest 0.00011144 Hope you...
Shiba went on a crazy run, but it did cool off. Pulling the price down a bit more, will form a Double bottom along with a confirmed HIDDEN BULLISH DIVERGENCE on the RSI / PRICE.
The Big Dog is About to come out to Play with all his Frenzzzz... Hold the Line ShibaArmy
No More Doubt Or Uncertainty Let’s Gooo Of course those lower prices got eaten up and there’s momentum right now
Everything is Always Working Out for Us... Way 2 Go ShibArmy We have completed this part of this mission.
This seems to be the Target 🎯 Go #Shibarmy🚀🚀🚀😱😂. The Momentum is Building Up 👆
Things are Always working out. No Matter how much FUD there is out there. From the Bottom 👇 to the Top 👆... Success and Nothing Less 🚀🚀🚀⌚
This is the Current sentiment in this time/space. The Momentum is picking up... I look forward to a future point in time/space...
For the SHIB Army and SHIB watchers: Nice support at the S/R area and now on the hourly a higher high formed. RSI seems to be making it's way back up. It was interesting how SHIB's price was almost parabolically going down until the S/R point. If price moves back up, I noted fib extensions. I am still very cautious about Shiba Inu. What are your thoughts?...
will Shiba's chart act as a flag and delete a zero this week or will it come down this time? my bet is on the Long Position for SHIBA