Shibausdt
SHIB - is this a good time to buy?SHIBA INU corrected 66% from its high. This is quite a big drop. There could be a lot of danger and manipulation by the big players now.
There could be a good buying opportunity if the upper boundary of the wedge is broken, but the price could also go back down and collect liquidity below key levels. A false breakout of key levels could also be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
SHIB/USDT - Potential 97% SetupHello Traders!
SHIB has completed its current cycle.
The price is in the accumulation range of $0.00003100 - $0.00004500.
It is possible to connect to purchases considering the local cycle of growth.
It is better to gain a position in two parts:
Near the level of $0.00003800 & $0.00003100.
Stop-loss shall be placed near the level of $0.00002600.
Fibonacci targets:
$0,0005850
$0,00006560
$0,00007580
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Shiba Inu could hit $0.00004490 (BUT)Shiba Inu price is looking a bit heavy this morning during the European session.
SHIB price rejected at $0.00004000 and could fade further into the US session.
Expect liquidity to dry up with investors pulling funds out of cryptocurrencies, resulting in a further correction towards $0.00003000.
Shiba Inu (SHIB) price is getting rejected at $0.00004000 as investors start to pull their funds in the wake of Christmas evening. Expect SHIB price to look heavy throughout the day as thin liquidity dictates movements.
A drop towards $0.00003000 would be logical with the monthly pivot at that level and the Fibonacci level just below acting as support.
Shiba Inu price could drop 20%
SHIBA HOLDERS EARNING 25% UPSWING Shiba Inu price experienced a bullish onslaught over the last two days, resulting in an exponential upswing. The run-up, while impressive, failed to collect liquidity resting above a crucial level. Therefore, investors can expect SHIB to retrace briefly before seeing another leg-up.
Shiba Inu price looks ready for more gains
SHIBUSDT (1000 SHIBUSDT) UpdateWe have made an unbelievably wonderful profit so far. For now, SHIB successfully passed almost the strongest support level of itself and is facing its important resistance level. If the price breaks the level and the triangle validly, we will have an upward trend. The most significant levels are specified. Needless to mention, everything is dependent on BTC. If anything happens, I will keep you informed. ENJOY!
Shiba Play AgainShiba made a quick rush and i hope u took ur profits from my last analysis.
so now that you are rich :P, you can gamble a bit more but you do not want to buy a retracement.
Don't forget also that MEME's Tokens are for fun, there's not Tech behind, so Take it easy and play Wisely if u don't want REKT.
- will post in comments my older Shiba Analyses
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Trading Plan
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- Now : Nothing to buy
- Buy : 5300 ish
- Rebuy : 3500 ish
- TP : 10000+
- Your Stop should be just under the last accumulation : 2700 ish
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Stay Safe!
Happy Tr4Ding !
Is Shiba Inu set for a new rally in the festive season? Shiba Inu has halted the downtrend and begun to rally. A bearish triangle kept the price down in the past week, and now bulls are looking to break out.
Shiba Inu was the third most used crypto on the Ethereum network last week, and recently a whale bought $136 million worth of SHIB. It remains close to the original meme crypto Dogecoin. Could it overtake it again?
If the trend is broken, then 0,0000490 could be a feasible target for bulls. If downward price action occurs again, then the price of 0,00003200 will continue to be an important level for bulls to hold. Let’s see how the fun meme crypto performs during the festive season.
SHIBA | Wedge Upside Breakout expected..!!
#SHIBA (Update)
Since 27th OCT Swing High, Shiba has been Consolidating in Falling Wedge Pattern..
Volume has been Continuously Descending From last 2 Months.
Now, Bulls Looking Strong & Expecting Massive Breakout But Still Bulls Need Strong Volume for it.
In case of Wedge Upside Breakout, Midterm Target Would be 0.000070 (2x ROI From Here)
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
SHIB - potentially good trade setupSHIB after huge pump (1200%) is in downwards corrective movement.
Price has fall to last support area and it might keep inside this accumulation area for some time (until some better time for alts and meme coins - hype time).
At the moment I don't own any SHIB, but I'm looking to add if it breaks 21 D MA (black line), which will also mean breaking from falling wedge. There is no any bullish divergences on higher time frames.
I set alert if it pump not to miss it. Risk/reward ratio on this trade is good for me, TP 1 and TP2 is where I plan exit my initial investment + 10-20% gain and leave rest of it for potential strong upside move.
Don't be surprised if we stay in this accumulation region for some time or even dive under it.
Until bullish sentiment returns alts, and specially meme coins probable won't move significantly.