Full Breakdown & Future Price Action of SHIBA INUIt has been a while since I have done alt coin updates. Since the bull run is basically here I am going to begin with a classic. Good ol SHIB. I have a friend who I know really likes SHIB so I am doing this to assist him. Check out the video if you want the MACRO view. I didnt get into the smaller time frames too much because those would be scalping areas at this point. So I set up the areas more as swing trade options. Check out the video if you want some updated TA. BULL MARKET HERE WE COME!!!
Shibainu
✴️ Shiba Inu Double Bottom, Long-Term (280% Potential)Shiba Inu is showing a double bottom pattern within 6 months and currently moving above EMA10 weekly, supported by a strong RSI.
Notice that volume has been flat since October 2021 as a continuation signal.
When things change, volume will go up.
In this case when new highs start getting hit volume will increase.
There was no increase in volume as new low were hit, meaning that the bearish wave has no more strength.
Here we have two targets mainly, there are many more in-between but we are looking at the stronger ones.
Short-term and easy target can be around 85%.
Mid-term and main target can be around 280%. Can be a bit less, or more.
I don't go about new highs because this can take a while and we are here on a daily basis, I can share new highs and new targets as the chart develops and prices go up.
The next All-Time High will be many times higher than the last one, so this would be a completely different type of analysis and something that we will keep for 2024.
Namaste.
Can 🦊Shiba Inu🦊 escape from the Descending Triangle❗️❓Shiba Inu has formed a 🚩descending triangle🚩.
If the lower line of the descending triangle of Shiba Inu is broken, it can fall to 🎯$0.00000905🎯 (More possible).
If the upper line of the descending triangle is broken, Shiba Inu can grow to the 🔴resistance zone ($0.0000117-$0.00001198)🔴.
Shiba Inu Analyze ( SHIBUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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(SHIBUSDT chart)
(1W chart)
The key is whether you can rise with support within the section consisting of the HA-Low and HA-High indicators.
To do that, we need to make sure we can get support around 0.0000 1003 to 0.0000 1098.
(1D chart)
It is sideways in the range of 0.0000 0872 to 0.0000 1279.
It is important to be supported and able to rise in the middle of this sideways section, around 0.0000 1003 to 0.0000 1098.
If the price stays above the 0.0000 1279 - 0.0000 1348 range, I would expect it to lead to an attempt to break above the 0.0000 1527 - 0.0000 1618 area.
If it rises above the 0.0000 1527 ~ 0.0000 1618 section, I think it is highly likely to show a full-fledged uptrend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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SHIB: Channel Down BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Bullish Breakout from trading in a Channel Down pattern and above 200-day MA could signal trend reversal with upside potential to $0.000012 or even $0.000015 resistance.
Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.
Shibusdt | Breakout & Retest Shibusdt
Falling wedge pattern breakout and retest have already been confirmed.
I believe that buyers will fight over this support and push the price towards the upper resistance.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
SHIB/USDT BROKEOUT!! 40% PUMP FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SHIB/USDT trade setup.
SHIB looks good here. Breaks out from the falling wedge-like structure. Expecting a 30-40% Pump from here. Long some here and add more in the dip.
Target1:- $0.01160
Target2:- $0.01250
Target3:- $0.01360
Target4:- $0.01510
SL:- $0.01010
Use low leverage:- 5x-6x
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Thank You!
$BTC update along with a couple of altcoin set ups as a bonus :)Yo BloodGang!
Thank you for joining me again today, this video should give you an idea of where we are at and what we are to expect covering all cases regarding $BTC. I did also add a couple of altcoins that i am looking at right now for possible entries as a little bonus, please note i do not own these just yet so take your time if they are of interest to you also :)
As always check out my previous videos, please keep the support going strong as it is highly appreciated on all platforms and don't forget to follow me so you do not miss out on future updates :)
Big love
Mr Evans/TheRealSlmTrady
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ArmanShabanTrading |🟢 BITCOIN : CPI's effect on $BTCAs you can see, the price has entered the support level that was mentioned in last week's TA and has already shown a positive reaction, we have to see with the announcement of the CPI today whether the price will manage to maintain this IS or not, other assumptions of the previous analysis It is still valid! (Current support level: $20,400 to $21,680) ! Resistances or Bullish targets, respectively : $22620, $23500, $24260, $25260 !
The Last TA :
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.14.2023
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SHIB: Channel DownShiba Inu (SHIB) technical analysis:
Trade setup : Trading in a Channel Down pattern. Wait for a breakout. Bullish breakout above 200-day MA and channel’s resistance trendline could signal trend reversal. Price needs to regain that 200-day MA and $0.000012 levels to resume Uptrend.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.