SHIB Breakout of Falling WedgeNice breakout of the falling wedge by SHIB. If you switch to the 15m chart you'll see a clearer picture of another bull flag formation at the breakout. A lot of consolidation opportunities for people to buy. I'm liking the prospects going into the New Year. Remember, only invest what you're comfortable losing. This is a high risk, high reward trade. Stay safe and hope everyone has had a good holiday.
Shibacoin
$SHIBUSDT Broke daily resistance trendline and can reverse soonPotential gains +27,314.04% at Target PT .009940 Timeline 05/07/2022
Influx on Dark Pool buys on 10/04/2021
As we can see price broke a strong daily resistance zone but still main factor for the upcoming rise is not apparent, needs to make higher lows for confirmation and major indicating factor would high influx of volume after initial breakout...
Soon we can expect a pump from this area zone and to hit range of targets mentioned on the chart
Note: only if strong support of PT .000025-.000030 breakdown then we can expect a bearish downtrend
Cryptos tends to have Hype cycle in the Spring season...
Shiba Play AgainShiba made a quick rush and i hope u took ur profits from my last analysis.
so now that you are rich :P, you can gamble a bit more but you do not want to buy a retracement.
Don't forget also that MEME's Tokens are for fun, there's not Tech behind, so Take it easy and play Wisely if u don't want REKT.
- will post in comments my older Shiba Analyses
----------------------------------------------------------------------------------
Trading Plan
----------------------------------------------------------------------------------
- Now : Nothing to buy
- Buy : 5300 ish
- Rebuy : 3500 ish
- TP : 10000+
- Your Stop should be just under the last accumulation : 2700 ish
----------------------------------------------------------------------------------
Stay Safe!
Happy Tr4Ding !
SHIBA | Wedge Upside Breakout expected..!!
#SHIBA (Update)
Since 27th OCT Swing High, Shiba has been Consolidating in Falling Wedge Pattern..
Volume has been Continuously Descending From last 2 Months.
Now, Bulls Looking Strong & Expecting Massive Breakout But Still Bulls Need Strong Volume for it.
In case of Wedge Upside Breakout, Midterm Target Would be 0.000070 (2x ROI From Here)
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
SHIBUSDT trade update
SHIBUSDT trade hit overall 1501% profit. Now trade is at first supporting area as shown by yellow area as accumulation period. Final entry for buy position will be between 38% -23% fib level. To avoid FOMO situation, we have taken position around first defense area. So far trade is running according to our respected analysis. For good investment take position around 23% fib level. Trade will boost up as it crosses final resistance which will break accumulation period as shown in the graph. Our potential target will be 500% profit.
We publish precise and compact information which give you quick glimpse for comparative analysis. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button.
SHIB - potentially good trade setupSHIB after huge pump (1200%) is in downwards corrective movement.
Price has fall to last support area and it might keep inside this accumulation area for some time (until some better time for alts and meme coins - hype time).
At the moment I don't own any SHIB, but I'm looking to add if it breaks 21 D MA (black line), which will also mean breaking from falling wedge. There is no any bullish divergences on higher time frames.
I set alert if it pump not to miss it. Risk/reward ratio on this trade is good for me, TP 1 and TP2 is where I plan exit my initial investment + 10-20% gain and leave rest of it for potential strong upside move.
Don't be surprised if we stay in this accumulation region for some time or even dive under it.
Until bullish sentiment returns alts, and specially meme coins probable won't move significantly.
Shiba Inu Coin Token Entry Reached- Buy Tickets to the Moon Now!In this video:
* Our entry target has been reached, now what?
* I discuss many of the bullish indicators which converge and support my bullish sentiment
* Bullish triangle breakout
* Kiss of the top of the triangle
* Fib retracement
* Bullish divergence on the 4 hour chart
* Aggressive target shows 3x returns
* If the levels are played correctly, there is a potential for 6x returns in the next several months
* I will draw the levels out for my substack subscribers in a future video
SHIBUSDT | The best place to buy 🏹Hello traders, SHIBUSDT in daily timeframe , As you can see in the analysis, the first wave 2 and 2 are completed in our opinion and now wave 3 is forming.
Wave 3 structure is at the beginning of its process and from this structure, microwave 1 is completed and microwave 2 is formed.
Let's look at microwave 2:
In most cases, wave 2 is formed in a fast and more zigzag-like state.
We assume that wave 2 is zigzag because at the beginning of this wave a five wave is formed which corresponds to wave a .
So wave a has been completed since wave 2, and now we are probably inside wave b , wave b in the form of a flat and a plate that has no rules, and from this flat we think of an ascending wave in the shape of five waves to complete. Wants to be.
We consider the maximum ascent to be 0.618 points. In case of further ascent, this wave count should be corrected.
To confirm this ascent, the upward red circle is considered to be broken.
And in case of breaking the price 00003, the decline from the same range has been confirmed.
🙏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!❤️
SHIB when the last dump?BINANCE:SHIBUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️We see no volume on this coin even from buyers or sellers
➡️I think we can see squeeze down to fundamental price (mentioned on chart) where we will see interest from buyers
➡️RSI D1 timeframe shows possibility to see this downtrend move to test the bottom where all people disbelief in coin and cut their looses.
➡️MACD - bullish
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
Shiba Inu Bull Flag Breakout soon?We all remember what happened here the last time..
If your new here you probably wont remember because we did it on my other trading account but i have several followers here from my previous account that they know very well... Either this chart makes you happy because you traded it with me last time and made a fortune.. Or it triggers & upsets you because you didn't believe in my analysis and told the story was done & over.
Today History is repeating, knowing Shiba hasn't done anything in the last month but going sideways, we have this great bull pattern about to do some serious move
We expect some good catalyst so the price can spike up again but wat gets my attention here is this:
Nov 2: 880,359 total $SHIB holders
Dec 16:1,066,221 total $SHIB holders 176,862 new SHIB holders in 45 days
That’s an average of +3900 new $SHIB holders each day!
and not only that, there are multiple big stores like Nordstrom that they now accept Shiba and Visa so far Shiba inu is growing more and more every day.
we just need one more strong catalyst to make the price explode and we know is Robothood
So to wrap this up, Whatever happens in the next days note we are in the same situation as the last daily bull flag...
no news no nothing and then the price just exploded like never before ! hoping this time will do the same thing.
-Mike
SHIBA INU (SHIB) at critical support! Will we moon from here? SHIB/USDT is sitting at the 100 MA after forming a long descending channel (bull flag on the weekly). There is major bullish divergence between the price and RSI and the market has already showcased its support on the S1 pivot when $SHIB wicked to exactly that level on December 4. I would still set an SL at 0.0000275. Short term PT at 0.000053 and 0.00007.