Get started

Shibainucrypto

SHIBUSD May Jump Higher AboveMy Favorite Crypto Shiba Inu vs Dollar pair may yet create a new high of all time. From my analysis, i may say that Shiba Inu is heading to touch the upper bounds of my channel. Not sure what is driving the move (hahaha). Am just sure of one thing which is "channel touches always holds true". You may want to wait for confirmation before jumping in. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
FTX:SHIBUSDLong
by Kingsley_lotanna
2
SHIBUSDT AnalysisShiba Inu has been a range market since June this year. The market bulled up after its listing on the coinbase platform to 0.00950 but couldn't break above the resistance zone of the range and came back down to 0.00674. BINANCE:SHIBUSDT It's obvious the Shiba market is waiting for Bitcoin to make a move as the market seemed to dip at every point BTC dips and rises as BTC rises. The Market is now squeezing between 2 possible scenarios which are either a break above or below the triangle. For now, we can still say that the Shiba market is still bullish as it hasn't broken the previous HL at 0.00685. Now we wait to see, will the market hold at the current at 0.00725. We never predict the market, we follow what we see on the charts.
by Celsius_Trader
6
The TREND is your FRIENDFolks, My update on SHIBA.. People in crypto have heard this one lately.. SHIBA inu. To the moon ?? Possibly. If I have learned one thing in my career is that the trend is really your friend. But that trend also needs to pause to correct itself and to continue afterwards. The point of being a good trader is to see these first signals of trend reversals and use your common sense.. Well on the 4 hour chart of SHIBA INU I really find it quite difficult. Because... The RSI is making lower highs + Volume is getting less more but the price is still rising.. To the what I have learned. This is bearish divergence (most often) But when I look closely in to the price itself and the other variables. It tells me.. There is momentum In the asset. Everybody wants to catch this hype. Candlesticks telling me BULLS still in control because of the long wicks on the downside of the candles.. That's bulls rejecting lower price. The price is following very smoothly the 5 day MA.. And has broken above a resistance level that is getting tested now. Well common sense is on it's place.. What do you think ???
by MoneyMakingMuro
5