Extremely Bullish Market StructureShiba is no where close to being done. I am projecting Shiba to 10x from the bottom of this correction, then enter a couple month bear market. I am confident that by next bull cycle Shiba will hit $1T MCAP, this would be sometime in 2023-2024.
Shiba has proven itself to be added into anyone's meme portfolio (not financial advice).
Shibarmy
Bullish on Shiba | 500%-1000% Potential UpsideFor the past couple of days, Shiba saw heavy sell pressure by whales in the attempt to buy back in at a lower price, to shake out late retail, and to liquidate over-leverage traders.
Over the past 12-24 hours, the bulls came back in full force re-obtaining bias + sentiment and bouncing precisely off the 4-hourly 200DEA.
Most importantly, price action is looking extremely bullish right now.
Since the crash of over 50%, I have accumulated over $5m worth of Shiba. I have been in Shiba since week 1 of its release. I have sold a lot of my stack as I paper-handed in the early days, but quickly realized I was massively mistaken. Since about 6 months ago I have been buying and accumulating Shiba and never once sold since.
I am projecting Shiba to 10x by the end of this year. Usually, Shiba would 10x over a couple of days, but I think this time it may take about a month to come to fruition.
A 10x from here would mean Shiba's market cap would be $302.5 billion making it the third-largest crypto in the world. I am confident Shiba has the potential to not only reach this level but also become the first meme coin to surpass $1t MCAP by the end of this bull cycle early next year.
The reason why I think Shiba can surpass $1t MCAP is because of its community. Social tokens are on a rapid rise and Shiba is a golden example of that. You may have coins with more utility, but as investors in crypto, utility only matters if you're investing for decades+. You want to weed out the scams and find coins that have a spectacular marketing team + plan.
Best of luck to all Shiba holders!
$0.01 coming soon.
Best,
Matthew Park
Shiba Prediction Shiba Looking very promising Forming Reversal bull on RSI, Forming Ws, and holding Resistant at .000045 line. We may see Shiba go to .00012. Or even .00022.
If Shiba breaks below. .000045 we will see a bear. But even if Shiba drops Lower Than .000045 there will be many who will snipe it to pull it back up.
Watch this coin closely we may say a huge bull coming.
This is not Financial advice. Make sure you do your Research.
The ShibaArmy Is Strong.
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~~~~~CrptoWhale100billion~~~~~
$SHIB.X re-entry PTs .000027-.00002960-.00003528Shiba Inu Coin Price & Market Data
Shiba Inu price today is $0.00005044 with a 24-hour trading volume of $4,173,786,625. SHIB price is down -8.6% in the last 24 hours. It has a circulating supply of 550 Trillion SHIB coins and a total supply of 1 Quadrillion. If you are looking to buy or sell Shiba Inu, Binance is currently the most active exchange.
What is Shiba Inu token?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.
What is the Shiba Inu community working on right now?
The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.
Shiba Inu coin in 2021
Right now in 2021, Shiba Inu coin has captured mainstream attention as a meme coin. On Oct 28th, 2021, the cryptocurrency reached an all-time-high price of $0.000084. That was a +150,000,000% increase from when it was launched in August 2020.
Looking at the overall chart, Shiba Inu grew at a faster rate and have overtaken Dogecoin in terms of market cap. Both are running the narrative as the dominant global meme coin and a very volatile as there are no utility other than speculation and for transaction purposes.
The rapid rise of Shiba Inu coin price have gotten a lot of crypto analysts and experts concern about an incoming massive correction.
Shiba INU Last Round? Nov 10On Sunday, Nov. 7, a block registered on Etherscan shows a single transaction for 20,000,000,000,000 Shiba INU tokens for more that $1.13 billion U.S. The purchase originated at crypto.com
Wait for the triangle to break from above if you want to buy.
There aren't much information about SHIBUSDT
Hang in there people, its all going to planShiba still following previous pattern very closely. RSI and MACD are even a little lower than they were in the previous rally, which means there is could be more room to grow. Volume still higher and AMC theatre is still talking about accepting Shiba as payment. Like the kids say, Diamond Hands.
SHIBA INU - 100%+ possible move comingShiba Inu (SHIB) is hovering right below the breakout trendline inside a huge rising broadening wedge pattern.
A few other things to note:
1) RSI is ready for the next leg up
2) Volume seems to be declining (getting ready for a move)
3) Bollinger Bands are tightening. See circled example.
We could be seeing over a 100% move as shown in the chart back to the top of the wedge pattern.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
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 #bitcoin #altcoins
SHIBA INU is forming flag expecting breakout soon!!TECHNICAL ANALYSIS: #SHIBAINU (4hrs update)
In 4hr timeframe, Shib has Been in Bullish Trend & at the Moment, Consolidating in Flag from local top.
#shiba is Forming Bullish Flag Which is a Continuation Pattern So In Case of Breakout, Expecting Another +50% Bullish Wave ahead (Maybe in mid November)
Expecting More Consolidation so SHIBA Might retest the 0.00003955-0.00003656k Area Before Final Bullish Wave.
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SHIB is in supportCurrently SHIB is in a support zone I would suggest keeping an eye on this as we can potentially see this consolidate within the green box here.
We may also see this fall to the next green box however I would recommend buying in between the two boxes to get a great averarge entry! We can expect this to lose another 0 before 2022 but I just wanted to show the best entries!
SHIBA INU ASCENDING TRIANGLE PATTERN theres an ascending triangle pattern happening on the 1h and 4 hour time frame,
really good time to enter, watch the video if you want let me know what you think.
its my first video i make so ill try to make it better next time, i did my technical analysis live but for some reason the video
stop recording and i had to start over but,
im no financial adviser just a passionate trader who likes to see everyone profit,
if you liKe my trading signals like and comment.
i will give you more.
if you disagree or dislike well let me know how you feel
have a great day traders, and lets all help one another be profitable!
cheers