SHIBA USDT Happy trading
HELLO GUYS THIS MY IDEA ABOUT ASHIBA USDT is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the Seller from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push down the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade....
THANKS
TURTLE TRADER🐢
Shibacoin
Shib 1D Where it's safe to buy and where to sellToday we have a SHIBUSDT price forecast since it was voted for in our recent BTCUSDT idea
And also because the SHIBUSD price has reached the liquid zone of $0.00002, which was written about in our previous idea
Today's analysis will be of two possible price movement predictions. For someone, they will be positive, for someone they will be negative, but we just write what we see:
1) More or less safe level to buy long is $0.000025 . Or from $0.00003, but after a consolidation above the trend line. In general, this is the white route.
But roughly speaking, anything above $0.00002 will be in a growth trend, which is trying to form.
2) If the price will consolidate lower than $0.00002 , we can fear with full seriousness another fall of Shibainu token price by -50%. After all, somewhere around $0.00001 is the top of a large liquid zone where SHIB bought last year before the growth.
_______________________________
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 idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Shib: Entry based on Historical DataWith Price at ....0857, I'm looking at two price Target to make my Positions, First the .820 and next the 590.
First the .820 is the highest Wick of the Demand Block, and could hold Fine Positions in this area. And Because it jumped about 2% in that area, Potentially investors could have seen this as "the move "to the moon", made Entries and later get cleared. So positions are definitely being Held there
Next, the .590, If price Comes here, I'm basically taking an average of the whole Demand Block, Literally the 61.8 Fib of the Entire Origin Demand.
Manofxlife
what is your take on SHIBA INU?SHIBA INU and overall alt market is currently in a deep downtrend. If we look closely to this shiba chart, price have fallen to the toes of the market (so is it right time to buy?) well i dont know yet, nobody knows that anyways WE NEVER BUY WHEN PRICES ARE GOING DOWN EVERY SINGLE DAY! what we can do tho is to wait and let the market show the lead that could be (in this case) rejection to the levels marked on this chart plus ema's to cross above and macd to cross 0 (thats alot to ask for).
RIGHT NOW ONLY THING TO DO IS WAIT.
Shiba Inu Bullish!It looks as though Shiba Inu has began its bullish sequence after completing the correction of the impulse that began from the 7 Sept 2021 low. That impulse was a 5 wave move to the upside topping on 28 Oct 2021 (All time High at 0.00008847). This impulse was then preceded by a downward channel unfolding in a 7 swing sequence bottoming recently as of 12 May 2022, making 0.00000910 as the end of wave 2 in the larger yellow (intermediate) degree, just a few points shy on the bottom trendline channel. The end of wave 2 means that we have now began wave 3 in yellow which I expect to unfold in 9,13,17(waves) etc..., depending on how many smaller impulsive subwaves are formed going up, already the impulse from 0.00000910 to 0.00001466 means we have began the uptrend with a subwave, (purple subminuatte degree).
Alternate View!
If however price fails to break strongly to the upside the next level of significance is 0.000018 - 0.00003... price should fail within that small bluebox, and head lower to break the May 12, 2022 low after which we then should expect it to go higher because it would have completely exhausted the possible corrective sequence to the downside.
So our possibilities to the downside are now very much limited with only a possibility of one more move down if price fails to push higher within the small bluebox in it path.
Trading opportunity for SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT
🔵 Long Now 0.00001100
🧯 Stop loss 0.00000990
🏹 Target 1 0.00001200
🏹 Target 2 0.00001300
🏹 Target 3 0.00001400
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
SHIBUSD Largest Support ClusterShiba is undergoing a bear market, with a recent low on this Weekly chart at 2.618
This 2.618 level is also where price on this ticker originated from
I have faith in the wick hitting 2.618 being a potential bottom based on the above statement
2.618 also aligning with the Gaussian Channel strengthens this assumption