Shibacoin
SHIBA INU - Has potential to Double 🌭🌭Shiba Inu is HOT...
I must admit I missed this train but then again maybe I haven't.
In the next two posts (this one and the one following this one) I will try to explain why ibelieve Shiba can double from here but the opportunity i see is not on Shiba but on the next post. ;)
Ethereum must certainly be extremely happy with this success:
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.
Shiba Inu, the platform behind the self-proclaimed dogecoin killer, burnt 770.12 ETH, becoming the third-largest ETH destroyer. Uniswap v.2 and Tether destroyed 2,729.22 and 1,248.72 ETH, respectively.
TA:
Shiba probably started a new rise..
One Love,
the FXPROFESSOR
SHIBA/USD: BUY ZONE READY | LONG SETUP.Welcome back Traders, Investors, and Community!
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SHIB COMING INTO DEMAND ZONES FOR RETEST??Could we see new highs after this pullback? Price made an all time high after a few days of parabolic movement to the upside. Now that people have been selling off at those all time highs where could we see a good area of support / demand to continue towards the upside and make new highs? I have included my brief technical analysis here for your opinions.
SHIBA UPDATEShiba Inu is looking to revive the record rally, as the bulls snap the corrective pullback and gear up for a fresh leg higher.
SHIB price is posting modest profits on Saturday, constructing onto Friday’s upswing, because it enjoys 110% to date this week.
Over the past week, Shiba Inu’s market capitalization has exceeded that of its rival, Dogecoin, having secured the eight positions among the most broadly traded digital asset.
SHIBAINU is in consolidationSHIBAINU is in consolidation and multi time frame squeezes are forming. If these squeezes fire to the upside in the near future similar to the recent ones, we can see a new parabolic run to start. If you are risking a small portion of your portfolio to catch another parabolic run, consider buying the pull backs to the buy zone in my chart.
SHIBUSDT MAY GO LONG ACCORDING TO MY TECHNICAL (25/10/2021) Educational Analysis says SHIBUSDT may go LONG according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 15 min timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR IS DOUBLE BOTTOM WHICH HAVE APPEARED AT SUPPORT ZONES
ENTRY 0.00003856
STOP-LOSS 0.00003335 (52.1)
TAKE PROFIT 0.00004957(110.1)
RISK TO REWARD RATIO IS 1:2.11
SHIBUSDT the road down. November forecast.Tell me please, when you look at the weekly SHIBUSDT chart, do you see the continuation of the growth?
Pay attention, for example, to the weekly DOGEUSDT chart. Doge is the same meme coin as shiba, do you see that on the chart there are a maximum of two big weekly candles up, then a rollback down?
This list can be continued, if you are interested in looking at the dynamics of all meme coins, find the top meme coins in Google and look at their charts.
And please don’t compare shiba and bitcoin for heaven’s sake. These are not correlated coins at all, at all. Yes, I did not expected the coin to grow to this levels in such a short period, but you did not guess that it will continue indefinitely).
A large Shiba community is also about nothing. I’ll tell you a common scenario that you will soon see: A couple of big whale sales and everyone will start selling the coin at the same pace as they bought it.
The point is not that I do not like this coin as many people wrote, the point is that I analyze the markets and just see these patterns. Shiba is not the first meme coin and it has nothing special, it is no different from others. Once again, I would like to draw your attention to the DOGE chart.
SHIBA UPTRENDShiba Inu (SHIB) price has been on a tear with an 87% rally on Wednesday. Bulls got grasping and commenced to take an excessive amount of income, however, which led SHIB price to decline 55%, almost 2/3 of the rally from Wednesday. Going forward, the outlook remains favourable and cryptocurrencies are nevertheless in an uptrend, so investors are already pinpointing the subsequent profit degree beyond cutting-edge all-time highs.
MASSIVE DUMP ⛔️ DANGERHello folks
This is a Technical analysis not Youtuber or Tik Toker $SHIB shiller opinion
This is actually not a personal is just pure analysis of various technical indicators
Daily time frame, we don't care about smaller time frame as the 90% of the $SHIB comunity are pure retails holders and not traders
-RSI: is deep in overbought zone
Bear divergence as the price did HH and RSI marked a LH
-SRSI: same shows reversal on trend
-MACD: Huge bear divergence, imminent Deat Cross and Histogram shows trend reversal
These are technical informations that you need pay attention to them
Crypto is not a market for emotional people
DYOR (lol)
-Goodluck
SHIBA INU/USD:PRICE ACTION IN UPTREND| PRICE WILL EXPLODE AGAINWelcome back Traders, Investors, and Community!
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