Shibainu
SHIBA INU (SHIB) technical analysisSHIB has broken the downtrend line, or the downward wedge to be exact, and gone up in the first minor wave. Currently, we are in the minor corrective wave which soon will be over; unless Bitcoin makes another crazy downward move :)
There are two possible upward movements for SHIB: 1. if the upward unfold in an A-B-C wave, after that most probably the major correction will continue and SHIB will go down further. 2. the upward wave can also unfold in five waves.
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge and above 200-day moving average, price also broke above $0.000013 resistance. Trends have reversed. Upside potential to $0.000018 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $0.0000100 (previous resistance), then $0.0000080. The nearest Resistance Zone is $0.0000130, which it broke, then $0.0000180.
$DOGE - will it follow $SHIB ?Hello my Fellow TraderZ,
Dog community tokens are barking superbly one by one, but the leader is lagging behind a lot. It will be interesting to see $DOGE rising up. $Shib has already shown us the previous night. Now its time to bark by the #DOGE.
Short term TP wpould be ~15%, if this high breaks, we can expect #DOGE to go $0.13.
CHEERS!!!
SHIB🐕 breaking out once again? 2Wassup guys! This is a follow-up to my last SHIB idea where we had no trade in the end...
It's still the same song as we are knocking on the cyan channel upper edge (daily timeframe) again and again:
Price is consolidating right below the channel upper edge in form of symmetrical triangle which is usually continuation pattern. It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001375. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout. If you would like to see SHIB pumping, just smash the 🚀 button! 😀
ENTRY : local high @ 0.00001195
STOPLOSS (SL) : local low @ 0.00001129
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001375
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBA is completing the retest 🚀Hello 🐋
Based on the chart
the price is close to the major support and better to say the previous zone that started its amazing pumping to the upside ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Shiba Inu Adam and Eve Double-Bottom?I am going long on Shiba Inu. Looks like an Adam and Eve double bottom. Volume shows a high probability move to the upside. Looks like we just completed our ABC correction for the first ( hopefully many) Elliott waves to the upside.
✅ Professional and Detailed TA of #BITCOINComprehensive and specialized review of Bitcoin in two time frames , Weekly and 3-Days : Well, as you can see, almost everything on the chart is marked with high accuracy, but the details of the analysis are as follows.
By examining #Bitcoin in the weekly time, we see that the price entered a strong supply range last week, which overlapped with the supply range in the TOTAL index and caused the price to face a slight correction. Now, with a more detailed examination, I have identified important levels on the chart that I will address! A large liquidity pool is located above the $25,000 level, which can be one of the important targets for buyers, and I expect it to grow to that level as the next target! The next targets are selected based on the liquidity voids , which is $25,260 to $28,000 and $27,000 to $29,180 respectively (difference in time frames)! The mid-term and possible price target after hitting these targets is $30,000 to $32,400! ( This analysis will be updated in the future )
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.29.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$DOGE leading atm - $SHIB not shabby either - Meme coin turn???Please look at profile for more data on this post
LOOK @ S T R E N G T H
$DOGE looks good
As pointed out some time sold ton of $SHIB & rolled most into #DOGE, price is low - high 7's
Would still buy if didn't have
First time EVER, in my personal, anything is similar in size to #SHIB
Who let the dogs out? #meme
#dogearmy #SHIBARMY #crypto
SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
SHIB MAY RALLY ANOTHER 40% IF THE PRICE WILL DO A BREAKOUTSHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%.
But the prices and the bullish closings of recent daily candles are following a neutral or bearish sentiment by respecting the upper boundary and the resistance formed. If the price still manages to respect the upper boundary and the resistance as a sell zone, there we may see another bearish trend that can revisit back toward the support highlighted.
Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. Don't forget to leave your thoughts and opinions on the following market. 🙌🏻😎
📌For more details regarding this chart update, please message me on tradingview chat. Thank you!
$BTC : Towards 24K ? READ THE CAPTION As you can see, according to the previous analysis, the price could not stabilize below 20400$ and practically did not have the necessary condition for confirmation of the fall and moved from the same range to the upward target of $22800, the overall return of Bitcoin analysis in the last month has more than %40 ! Now the price has penetrated above $22,800 and the new scenario will be as follows : the possibility of price correction to the range of $20,400 to $21,650 (Bullish BB) and then moving towards $24,000 !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️