Shiba Inu SHIB - profit taking begins more earlyShiba Inu SHIB - profit taking begins more early
Today 44.33% of all addresses are in profit - following sell-off tops to be considered:
October 28th 2021 - 90.79% in profit
November 30th 2021 - 69.34% in profit
December 27th 2021 - 63.38% in profit
February 7th 2022 - 52.04% in profit
Do we see another taking profit sell-off?
What do you think dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Shibausdt
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BUY here SHIB LONG afBuy here and hoid hold hold.... guessing 52k is within site on BTC which means big LONG for Shibiana lmao buss down shibiannaaaaa
Come trade this spiritual shift with me... discover and risks is the theme this shift.... expect abundance
still a spot trade so be on the look out for updates
SHIB/USD - Potential 72% SetupHello Traders!
The SHIB price is on the way out of the downtrend and is testing the MA100 on the daily timeframe.
A less risky option is looking at buying after the price exits above $0.00003100
It is possible to try purchasing at the early stage during exit from the downtrend, in the range of $0.00002550 - $0.00002750
It's rational to place the stop-loss under the price level of $0.00002000.
The targets will be the price levels of $0.00003800 and $0.00004500
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SHIB/USD - Shiba Inu Gears Up For A Major Announcement | LONG 🔔Shibas in the Metaverse?
In what seems to be a never-ending tease, the Shiba Inu (CRYPTO: SHIB) has announced a major event slated for March 30. The beloved meme
cryptocurrency that takes its moniker from the cuddly dog of the same name, has kept followers on their toes with repeated hints and teasers, but has yet to reveal what the big news is.
While it’s hard to know what could be in store, speculation is rife online. In fact, the anticipation of what the announcement could be about has kept Shiba Inu’s price climbing. The meme coin that trades for just fractions of a penny has gained more than 25% over the past week and more than 32% since March 15. At last check, SHIB was trading down 5.6% at $0.000027.
The coin hit an intraday high of $0.000029, according to data by Coinmarketcap.
Important SHIB developments
Recent days have witnessed some important developments on the global adoption of the popular crypto mascot. Shiba Inu is now available on Netcoins, a Vancouver-based online cryptocurrency brokerage.
Netcoins allows Canadians to buy, sell and hodl different types of cryptocurrencies. They are also the first publicly-owned crypto trading platform in Canada that is fully regulated. Now you can own one of these adorable Shiba Inu pups yourself by trading on Netcoins. Netcoins by the way is also working on its U.S. expansion plans.
Along the same lines, crypto enthusiast fashion designer John Richmond announced on March 16 plans to introduce SHIB and LEASH burns for its online shop. The adoption between a decentralized cryptocurrency and a global fashion brand is being seen as an important and innovative step in the fashion world.
John Richmond however, is not the only brand adopting SHIB. NowPayments, a cryptocurrency payment gateway, has also introduced Shiba Inu as payment at Italian burger chain Welly’s and pizzeria Sorbillo.
Another recent development is that of Etherscan data, a website tracking transfers made by Ether (ETH) hodlers, showing a “whale” – large market players in the crypto markets – buying last week more than 200 billion Shiba Inu tokens for nearly $5 million. Also, IntoTheBlock data shows Shiba Inu whales’ activity jumping 349% in the last 24 hours. Large transaction spikes are usually caused by institutional investors. These transactions involve more than $100k per transfer.
Meanwhile, Crypto Planet (CP) speculates that based on several social media posts, the March 30 announcement could be a Medium post about the Shiba Inu metaverse – an innovative virtual reality platform that allows users to interact with each other in a completely immersive environment – focused on the map and Lands sale.
In fact, Shiba Inu’s Twittter account stated: “ShibArmy, the world is full of things more powerful than us. But if you know how to catch a ride, you can go places.”
CP also notes that they have also seen some speculation that “the Land sale could happen with a listing on OpenSea,” the most popular place to buy Non-Fungible Tokens (NFTs).
Whatever the announcement turns out to be, one thing’s for sure – the Shiba Inu will have everyone talking!
💥SHIBA INU UPDATE❕❗Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As explained in my last idea, I said we need an upward breakout from the falling wedge pattern to confirm a bullish move.
Fortunately, price broke upward. On today’s chart, price broke out from a support zone at $0.00002550 and it’s in a pull back to the support.
Once the pullback is done, I expect shibainu to start the new uptrend.
What do you think?
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