Shibacoin
SHIBUSDT | The best area to climb🏹Hello traders, SHIBUSDT in daily timeframe ,According to the count and analysis, the main waves 1 and 2 of this trend are over and now we are in the wave of wave 3.
From the main wave 3, wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Also, wave 2 is formed in a zigzag shape and from this zigzag, waves a and b are finished and now we are inside wave c.
We expected the C-wave to move above 1.00 or the price of 0.000016.
But given the structure that has formed over the past few days, we think it will be an expanded progressive triangle that is within its 5th wave, and this 5 wave will probably take time, and after reaching Fibo 0.618, it will climb to the whole half of this zigzag. Will do.
If the channel ceiling and the area marked at the end of wave 2 are broken, there is no descent.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Continuation of the bearish trend for the entire crypto marketThe US inflation data sent the market up, but not for long time. Labor market data will be published soon and I expect the opposite market reaction. And before the data is published, growth is possible before the start of American session.
Shiba inu coin SHIB/USDT broken uptrend, spot on Fib rejectionI've been "irresponsibly" ( as Roaul Pal says) bullish on Shiba as it has had a very bullish setup and triangle formation, but unfortunately it has broken the support which also is spot on with Fib line(as seen on the chart) and we are heading now down to the next support around 0.000024-23 if that one is broken as well, then the next one is as per the chart or if it will bounce from there then the current level ~ 0.000036-37will become a huge resistance. This is kinda Doge scenario where everyone expected it to go back up but we know how it has ended. The problem with Shiba is its ecosystem's "investors". They are the most typical "panic sellers" mostly with short term gamble gains and as soon as they see few red candles in a row they click sell :) After all, Shiba is just a meme coin and it did just that- as all memes do - trending while it lasts and then everyone forgets about it...Also lets not forget that Bitcoin is in the crossroads as well which is another massive factor in Shiba's (and all other coins generally) price action.
SHIBUSDT-SHORTBased on technical factors there is a short position in :
SHIBUSDT Shiba Inu
Score 4️⃣
🔴Short Now or set on Key Level 0.00002845
🟢Target 1 0.00002520
🟢Target 2 0.00002280
❌Stop loss 0.00002930
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
SHIB strong support to holdIf you haven`t bought SHIB at my first call, $0.00000684:
Then you should know that Shiba Inu is sitting now at a strong support level and we might see small bounce from here.
Otherwise the next strong support is at $0.00001200.
Looking forward to read your opinion about it.
SHIBUSDT | The best scenario for falling 📝Hello traders, SHIBUSDT in daily timeframe , Based on the wave count we had:
Waves 1 and 2 are completed.
We are now at the beginning of wave 3, consisting of wave 3, microwave 1, and the structure of wave 2 is being formed.
Wave 2 is usually zigzag and has a steep slope.
The current trend is also zigzagged, and from this pattern wave a is completed and wave b is probably completed.
From this zigzag, only wave c is incomplete and we assume that wave c forms its first wave and completes the rest of the waves up to around 0.002145.
If the red circle and the upper side of the channel are broken, the structure will change and there is no hope for this decline at the moment.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️