SHIBA | Price Is Testing The Support Zone as ExpectedSHIBA | Price Is Testing The Support Zone as Expected
As we have discussed also earlier after Shiba reached the previous
targets from the previous analysis we were waiting for the price to move down again.
Now the price is testing the support area and it has the chances
to move up again.
The support zone is the old broken resistance were the price was stopped for a long time.
We can see the price to move up very soon.
Targets:
🎯 0.00001607
🎯 0.00001817
Thank you and Good Luck!
Shibainuanalysis
SHIB: 50% PUMP COMING?Hello friends, today you can review the technical analysis on a 1D linear scale chart for Shiba Inu (SHIBUSD), an altcoin.
Quick Analysis:
After long awaiting, Robinhood finally listed Shiba Inu on the app. Shiba Inu has been in a descending channel and a triangle pattern which it broke out of with the Robinhood listing news. The RSI and MACD both show a level of bullishness as well, which can push the price higher. Using the descending channel's measured move upwards as well as the Fibonacci Retracement, the price has the chance to move up almost 50% from current price levels. Keep a very close eye on the Volume, RSI and MACD.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
SHIBU CAN GO FURTHER UPSIDESHIBU (Shiba Inu) is most probably on 4th wave correction as a flat correction and it will bounce from 38% or 50% area of fibo.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#SHIB #SHIBU #SHIBA-INU #SHIBA
Shiba Inu About to go Batty?Looking at this 4hr chart it looks to me like SHIB is forming a Bat harmonic.
I'll be waiting in the bushes and watching to see if SHIB can turn it around.
I'll be looking for a dip below the .886 XA along with some bullish divergence and then I'll be looking to get long!
If we go deep and touch the 1.13 XA then for me that is an Alternate Bat pattern and I will expect an even sharper reversal.
I'll be howling for the moon if that happens!
What do you think is next for SHIB?
shiba inu analysis shiba inu 4 hour chart analysis we see a bull flag forming right now in shiba inu chart we will see a huge bull rally in shiba inu when we see a breakout in shiba.