SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 16OCTRed Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green would be a nice path up and out of this range and fit a triangle correction pretty well. Current PA is grinding up the trendline, could see it grinding up to the resistance then, POP. Fall out of the grindage could mean a revisit to previous support, which will hopefully hold. BUT nothing is for certain and always good to have a back up plan ready.
Shibarmy
SHIB slightly stalled out and bearish?I have noticed that we are loosing steam, I was expecting a drop to .000028 but I think we can go below. I dont have exact targets because I watch BTC for guidance in down swings. I do have an older lower target but nothing is for sure here. Just please note the interactions with trend line, and resistance as we are at a critical spot. I am neutral to be fair and in cash. This is not financial advice.
SHIB/USD BUY POTENTIALBreakout of the trendline ? If so my buy order is ready at the supports :D I believe SHIB is going pump agian to his major high ! What do you think ? here are my 2 options that can happen
SUPPORT1 @0.00002445
SUPPORT2 @0.00002145
SUPPORT3 @0.00001745
If it help you out, don't forget to like and follow for more ! ^^
SHIB - Most Critical Cross Roads Yet!!!SHIB is in quite the triangle and I am eyeing the upper target but I also am aware that BTC may call the shots here. I don't think we will see sideways action for more than a day. We need to see RSI holding while adding in a bit of buying volume for the ideal launch from here. SHIB NFTs are going to be big and lots of hype in general behind this ol shit coin. (DYOR, NFA)
SHIB/USD BUY POTENTIALSAfter SHIB had a very nice bullish trend, it was expected to have an exhaustion sometime. I see some nice buy potentials at support1 @0.00002115 / at support2 @0.00001785 / at support3 @0.00001535
If it bounce on support1 ( same for support2 and support3 ) it will stay between the trendline and the support till it will breakout of the trendline to find his way back up to his resistence zone and hopefully will make new highs ! :D
SHIB to the MOON !!
SHIBA INU PredictionsG, day Trader.
Let's follow up on our previous prediction of this altcoin (SHIBA INU). After a recent almost 300% upside move, its completed 50% fib retracement / corrections.
And stabilize on consolidations area (swap zone). Based on my personal experience this is due to the expansion waiting game for the next move, the longer price staying in this area the bigger move gonna happen. Just compare with previous sideway for 5months before moving 300% upside move.
This might not suitable for day traders, but if you looking for long term investment return this is your opportunity to stake up your bag.
Let's see what gonna happen next. Cheers.
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 14OCTRepost: New: Channel from chart acted as resistance. Fell below a pretty big flipped area and finding resistance on it now. Old: So it rejected from the area in the last chart and is barely holding on to the current support. Looks like the Talon Range is catching some pivots so keeping an eye on this and the support/resistances from my other charts. Also have some Elliott Wave counts Im watching out for and their invalidation area, a break of a pivot could change things but, as always, hunting for clarity. With the dropping volume , seems like the structure forming is corrective in nature ATM, it was quite a quick run up. Breaking 3206 would be a good start for the bulls!
SHIB/USD SHORT (BREAKOUT + RETEST)SHIB broke out downward!
I think it will also break the support(1) @0.00002760
and will find his support(2) back 0.00001800 or will touch support(3) @0.00001535 and rise again to (support1) @0.00002760 or his major resistance @0.00003530
What do you think ? let me know! ^^
One thing is sure! i will buy again when it hits support (2)or(3) :D
FOLLOW and LIKE for more!
triangle breakout forming then looking to test daily look at how the AD has bottom w/ price action and is currently sitting in a triangle
SHIB BLASTS OFF!!!We are yet again sitting in a period of indecision, price not only sits at an area of resistance but near an all time high.
Both directions will determine the coming months, should the market break out of resistance and fulfill other bullish indications, $Shib will see new highs .00007-.00009 or even one zero cancelled again.
but should price drop it would find stability mid bull run waiting on an accumulation of buy contracts. but that shouldn't make you sell off your positions. And its not late to BUY!
Note check the link previous chart to see the first call and this is an update on the run.