Shibausdt
SHIB prediction and analysis. Slow bleed over weekend, short. SHIB's market cap has exploded and is a non-use case meme coin.
Huge gains have been made and it is expected for a retracement.
Leading into weekend is lower volume, I expect a steady decline.
ATH in ETH and bullish market segment will lead traders to take profits and
put money elsewhere.
I expect a slow and gradual bleed down that may take a few weeks.
With BTC and ETH being so strong lately, any bad day will effect this
dramatically.
I am short SHIB.
SHIBA INU ROCKET TO NEW ATH (HODL) Shiba Inu is the world’s third most googled cryptocurrency in 2021, a new study shows, as the meme coin climbs to its all-time high.
Shiba Inu has received 2.8 million searches on average per month so far in 2021, according to a recent study
That compared with 22 million average monthly search volume of bitcoin and 6.3 million of ethereum
Shiba Inu’s decentralized exchange Shiba Swap, which was launched in July, saw a jump in its trading volume in October, recording an all-time high of $452 million on Oct. 7,
according to data from its website. It recorded an volume of $100 million on Monday.
The Dogecoin competitor Shiba Inu (SHIB) soared to a new all-time high Wednesday morning, capping the 680% gain over the past month.
Robinhood CEO Vlad Tenev said in a Q3 earnings call on Tuesday that for any new coins Robinhood adds, it is
“going to be very careful.” “We're a regulated entity, and we're hopeful to get some clarity soon on coins," he said.
Launched in August 2020, SHIB is now the 11th largest cryptocurrency
SHIBA UPTRENDShiba Inu (SHIB) price has been on a tear with an 87% rally on Wednesday. Bulls got grasping and commenced to take an excessive amount of income, however, which led SHIB price to decline 55%, almost 2/3 of the rally from Wednesday. Going forward, the outlook remains favourable and cryptocurrencies are nevertheless in an uptrend, so investors are already pinpointing the subsequent profit degree beyond cutting-edge all-time highs.
MASSIVE DUMP ⛔️ DANGERHello folks
This is a Technical analysis not Youtuber or Tik Toker $SHIB shiller opinion
This is actually not a personal is just pure analysis of various technical indicators
Daily time frame, we don't care about smaller time frame as the 90% of the $SHIB comunity are pure retails holders and not traders
-RSI: is deep in overbought zone
Bear divergence as the price did HH and RSI marked a LH
-SRSI: same shows reversal on trend
-MACD: Huge bear divergence, imminent Deat Cross and Histogram shows trend reversal
These are technical informations that you need pay attention to them
Crypto is not a market for emotional people
DYOR (lol)
-Goodluck
SHIBA price manipulationsSHIBA has finished healthy growth, we are in a very difficult situation now, because such sharp price movements result from market manipulation, this is not healthy behavior, I recommend stop losses and I advise against buying at this price level
Follow our twitter for more analysis and information !!!
SHIB - CAUTION! MY FELLOW SHIBIANS!Just a simple chart showing some Bearish divergence on the RSI!
If the yellow support area breaks, Things could get ugly PRETTY QUICKLY!
This is a potential 25% - 40% Drop in price... IT'S BIG!
I'm NOT SAYING it will happen, ALL IM SAYING is that the bearish divergence IS SCARY because it has the potential to push SHIB below that support!
Take it as you will. This is NOT financial advice! This is just an IDEA based off of my experience studying and trading cryptocurrencies.
As I said in a previous SHIB idea! "NOBODY LIKES SHORT OR LONG TERM BEARISH ANALYSIS (unless you SHORT the market), HOWEVER, FAILING TO RECOGNIZE IT CAN END UP COSTING YOU" "Take profits & Cut losses! Two IMPORTANT lessons I've learned as a trader"
Take Care.
Is the party almost over for SHIB? Accumulate CATGIRL correctionI think anyone involved in crypto remembers the DOGE pump last May. With that we saw a massive amount of poopcoins listed along side the DOGE pump. One of which was SHIB.
Now we see something similar. SHIB absolutely yeeting with a slew of poop coins getting sympathy. A stand out I see is the CATGIRL coin. If things play out like they did last may we'll see this blow off top resolve with most poopcoin, including SHIB, correcting heavily.
My plan after this correction is to slowly accumulate the leaders in poopcoin knock offs and hold them until the next great poop yeet.
Thanks for reading this tidbit, good luck!
Is SHIBA supported in extreme resistance⁉️ ( 4h )(( please read the description ))
SHIBA coin is supported in Fib 0.236 ~ 0.382, if supported we can hope for a resistance test and then targets.
⛔ Profit can also be in the strong line of resistance ⛔
tip :
* High trading volume (sales)
* MACD (It's too early but confirms the downtrend)
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Shib (possible impending breakout).Shib recently broke out of a symmetrical triangle/large bull flag (blue triangle).
Taking a copied bars pattern from October 23rd to October 25th (yellow bars) Shib might reach the price target of: $0.00003540 per Shib by October 27th staying within the parallel orange line.
The relative strength index has seen divergence (allowing the breakout), a similar divergence would be expected for the second breakout, the R.S.I would than fall below the red line with resistance at the green line.
SHIBA next moveAfter SHIBAINU reached the all time in the last days we will see a new opportunity to enter the market
like we see in the chart a bearish flag and the cross down, there a big probability to see a market correction in the yellow area between 0.000055 and 0.000045
Ps: not a financial advice
good luck to everyone