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!
Shibarmy
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.
multiple inverse head and shoulders patterns forming on multi TFlook at the 1min, 3min, 5 min time frames and you'll see an inverse head and shoulders bullish trading pattern has already formed. They will continue to form on up through the higher time frames. this is called multi time frame trading. The move continues until invalidated. However, we already know the AD has shown us .00007 and .00009 (being the FOMO PRICE) i'll likely get out of my position around 00007
This is also the future right shoulder to the inverse head and shoulders on the higher time frame. see other charts
Time for a breakout ! UP or DOWN ?If SHIB breakout upward and retest the trendline it will rise again to its major high @0.00003530 ! If downward ... then i think it also going to break the daily support and support 1 @0.00002760 . But will be catched at support 2 @0.00001800 .
If so? then i will buy the dip! :D
SHIBA INU - The Dog Is Going For A RunAnalysis:
- Fibonacci Retracement
- Trendline Analysis
- Liquidity Point Analysis
- Support & Resistance
- Structure Analysis
Black S = Support / Black R = Resistance
Green S = Supply Zone
Rocket Ships = Buy The Dips
Smiley Face = New ATH
Opinion:
Shiba Inu is getting ready to go on a bull run
I expect there to be some good news coming in the next few weeks
I am glad I have been accumulating at these lows
Woof Woof :)
$SHIBUSDT Sky High!!!WYCKOFF RE-ACCUMULATION
Re-accumulation after shakeout
BULLISH PENNANT
Shiba Inu Coin Price & Market Data
Shiba Inu price today is $0.000031153597 with a 24-hour trading volume of $6,947,766,198. SHIB price is up 16.0% in the last 24 hours. It has a circulating supply of 500 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 $0.0000379, that is a 140,000 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 May 11th, 2021, the cryptocurrency reached an all-time-high price of $0.000035. That was a +62,500,000% increase from when it was launched in August 2020.
While Shiba Inu is growing at a much faster rate than Dogecoin, it is also much more volatile than the longer running meme coin.