Target (new peak) SHIBA 1D(( please read the description ))
Surprisingly, a new target awaits those who kept their coins
tip :
* The volume of transactions is high
* MACD (Confirmation of an uptrend)
* Trading above MA 50 (blue line), one should hope for an uptrend
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
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Shibausdt
Money missed and how to catch it next time!There's a lesson to learn in keeping your chart clean and referring back to you notes!
I predicted a relative strength index divergence on October 25th in a related published idea.
Made a purchase at the first blue horizontal line, 0.00004207.
I sold at the second blue horizontal line, 0.00004926, for roughly a 16% increase, only doing so assuming it was the top of the breakout.
If I would have referred BACK to my previous published idea (linked below), I could have looked for a divergence, seen as the purple horizontal lines on the R.S.I. Noted though, it is difficult to see. Instead of selling the token, there was an opportunity to catch the easier to spot divergence . This would have allowed an additional 9% increase, if sold at the top green horizontal line, 0.00005388
Ways to have prevented/predicted this increase: referring back to some of Thomas Bulkowski's writings, specifically "Getting Start in Chart Patters" Second Edition, he mentions a 25% increase, and to look out for this as a possible "top" to an upward movement. At the time of writing this (11:33 P.M on 10/26/2021) Shib is attempting to break resistance at, 0.00005361. Shibainu might reach a peak of 0.00005555-0.00005600 at a later point. A 30% increase seems to be an "average" for larger moves in the crypto-market, with a target around 0.00005750 (possibly).
Upside: Selling at the 0.00004926, for roughly a 16% increase is still a "smart" move, as selling at an increase is preventing any loss by a down-trend. This of course excludes larger uptrends, like the one seen here to 25%. Thomas Bulkowski also warns that 15% is a good selling point. Additional upside, it is clear (at the time of writing this) the SHIB is struggling to break/keep the resistance line, green horizontal line, 0.00005388. Plus, as Mr. Bulkowski puts it, you never go broke taking profits.
*for additional trading information, visit: thepatternsite.com (Thomas Bulkowski's' free Site), or see my previous published ideas.
related SHIB published idea linked below:
SHIB Cup and Handle coming?Unpopular opinion here. It looks like SHIB just moved up in 5 waves. Volume and power was shown in the 3rd wave, but dropped off in the 5th. Now bearish divergences are showing up on the RSI. Prepare for a retrace back to the 0.618 or 0.786 levels of the total move before finding support at the bottom of the handle. I'm selling here and buying back alot more SHIB in a few weeks.
SHIBA INU - SHIB - Last chance to get on before take off???Wedge showing 0.00003 is barrier, once breached, I can't see us coming back but the charts will tell. If we don't break out, we break down.
Ignore the market cap on this on. Hopefully the burn can remove another zero. Post burn? 0.0003 is the next target! That's a 10x Robinghood listing will push it there on momo.
I'm on charts and fundamentals on this one. I trust a guy who land rockets. I've got a serious amount of money on this pony.... ughh.. i mean dog.... LOL
Enjoy the ride and on a coin like Shiba Inu
The beauty on this trade is that it's NOT a shitcoin! Imagine! It could be clear #3 winner by end of 2021. And #1 winner for 2021?
It's a true community, non-profit project with a lot of eyes on it. It's Bitcoin without the baggage and with a smile!
github.com
Read the WOOF (whitepaper) on this. Migration all my other shitcoins over to SHIB because SHIB is #3 coin just after BTC and ETH. With those three, you have pretty much a good set of coins in your digital wallet!
Enjoy and do good with your fortunes.
$SHIB.X all time highs coming with more momentumWow look at that $SHIB Volume Point of Control (yellow line) around *.*46 and that MACD. So many bullish signals I can't put on one chart alone...
Atom USDGood evening everyone!
Atom has formed a descending wedge pattern with a possible sign of a clear breakout.
- Watch for price action to retest the 23.6% fib. This could be a good buying opportunity.
- If the 23.6% fib is lost look for a double bottom closer to $30 for an even better buying opportunity.
- When the breakout is confirmed, look for a TP near the 78.6% Fib.
Good luck!
WHAT NEXT ON SHIBA?Hello trading friends,
✅I hope you have all a great day.
This is a short update for SHIBA ARMY depending on the last signals and trends.
We did add before this update about the increasing trend for SHIBA
the Day today we see a good increase trend on Shiba, and also the hype that it has.
Update
Shiba is still into the increasing trend - but we should focus on the black line on the chart, we should hold that line, as its important power line, and the trend line for the further increase trend, if we breakdown back to that line and we breakdown it with confirmation line, SHIBA could enter new short time.
Trade on more price actions targets, and don't focus only on 1, as we know charts prices can go all sides.
Have a great day!
Shiba Inu Network Activity Soars; SHIB Bulls Hunt Higher Support
Shiba Inu fails to return to $0.000045 but is holding above $0.00004.
The number of new and activity addresses on the SHIB network spikes is a bullish signal.
Since the weekend session, Shiba Inu has been a top for discussion in the cryptocurrency space, especially on social channels like Twitter. The meme-based coin enjoys massive support from the vibrant community, who want nothing but to see it hitting hundreds of percentages in gains every week.
Shiba Inu nearly hit $0.000045 during the weekend rally, outpacing its older ‘cousin’ Dogecoin. Despite Elon Musk sticking with DOGE and calling it the currency of the people, SHIB kept the uptrend intact. The Tesla billionaire also clarified that he did not own any SHIB tokens and the only crypto assets he currently holds are Bitcoin, Ethereum, and his favorite DOGE.
Shiba Inu Seeks Higher Support To Keep The Uptrend On Track
Following the massive upswing to areas very close to $0.000045, Shiba Inu retreated and secured support at $0.000035. An immediate reflex recoil occurred, sending the Dogecoin spinoff above $0.00004.
Nonetheless, Shiba Inu is yet to close the distance at $0.000045 but trading at $0.000041 at writing. Support at $0.00004 is expected to come in handy and aid the bulls in stopping the potential pullback to $0.000035.
Meanwhile, the MACD shows that buyers still have the upper hand, especially with the momentum following tool far above the mean line. A buy signal has also been sustained. If this technical picture remains unchanged, I expect Shiba Inu to gain traction above $0.000045 gradually.
It is worth mentioning that overbought conditions contributed to the pulldown of the token, as the retreating RSI. As the index drops from the overbought area, the odds favor the bears, resulting in a more extensive correction.
The token’s network activity has been on an upward roll based on on-chain data by IntoTheBlock. Realize the number of new addresses created on the Shiba Inu protocol recently spiked to roughly 29,000 while the number of active addresses per day shot up to 57,000.
This increase in network activity is a bullish signal. It shows that buyers have the potential to sustain the uptrend, at least for the near term.
price action patterns you need to know ( part 6 ) hi my friends ,
i'll share with you some patterns which can help you in trading ( part 6 )
Ascending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go long again ( bull )
Descending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go short again . ( bear )
note : note : both of them ar continuation patterns .
please support me with like and follow me for more ideas .
price action patterns you need to know ( part 5 ) hi my friends ,
i'll share with you some patterns which can help you in trading ( part 5 )
the bull flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go long again
the bear flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go short again .
note : note : both of them ar continuation patterns .
please support me with like and follow me for more ideas .
SHIB Shiba Inu Consolidation AreaAs you can see in this chart, my price target at 0.00000750 was 0.00003500.
Once the price was hit, a consolidation area at 2000` followed before the next pump.
What i see right now is another consolidation area that SHIB needs to make in order to compete with DOGE`s market cap!
Shib Army Blast OffHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Congratulations for everyone that follow our signal, we were mentioning when shib was around 700 sats that be patient and that we will see much higher prices. 4 months later shib exploded 500%! next target is 5000 sats and that's a good area to take profit off some shib!
SHIB - Buy only after that 😱❗❗ SHIB is in an accumulation phase. The more the price is in accumulation, the stronger the upward momentum will be.
Breaking through the accumulation could be a good buying opportunity. But there could also be a pullback and then a breakout of the upper accumulation level.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.