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Shibbtc

SHIB forming a bigger falling wedge! Keep an eye on this!Here's a quick Look at SHIB 8 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart. Targets: 1. 0.0000452$ 2. 0.00005$ 3. 0.0000562$ 4. 0.0000625$ 5. 0.000072$ 6. 0.000081$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
8
SHIBUSDT , We are in bottom for buyingHello eveybody Our team wanna publish one of our private signal channel with all you traders This is just signal you should check everything and find the best point for entrance in the position This analysis and this position have amazing R/r and have a little stop loss Because according to the chart you can see the breakwave break the trendline and now we are at the bottom of the price of these recent weeks In here you can buy ( with your own strategy ) and can hold it until the target that shown on chart happen , LISTEN TO THIS POINT : If the price break the buy zone area below and can close candle below it this chart is not valid anymore and the price and drop to the next support , everybody if you wanna entrance in position you should take signal in lower time frame and check the momentum of the movement and ... then take position with high chance for win This is market and everything can happen , we are not GOD but we are near to GOD :D Previous analysis : Dont forget use stop loss and observe to money management Good Luck Abtin
Long
by Abtin00
SHIB/USD - Bullish wedge or CRASH??? PUMP or DIE moment!SHIB has formed a large bullish wedge and the last level that can hold price from the inevitable crash is the support at $0.000039. If that won't hold price, then we will drop to $0.000032 as predicted a while back... PUMP or DIE moment. SHIB volume is non-existing. Buy pressure is nearly 0. Indicators are bearish. STAY AWAY until we break above this wedge in blue, otherwise you are better off throwing your cash on the window. Bias remains bearish for now. Like and follow if you liked my idea!
Short
by DU09
2
SHIBUSDT Technical Analysis⏳ Spot 💎 SHIBUSDT has broken above the bullish flag. After the rejection and retest the [previous resistance, it is expected to go to the upper band of the descending channel. after breaking above the channel we expect more bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.00004489 - 0.00004152 ☕️ TP1 0.00004900 🍺 TP2 0.00005469 🍻 TP3 0.00005999 🍾 TP4 0.00006512 🍷 TP5 0.00007000 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.00004152 - 0.00003839 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
4
SHIB/USD - Lower low... time to be careful! 😪SHIB’s price was in a very dangerous area yesterday when it broke below the support level at $0.000044. There was panic and despair in the market, with most SHIB holders starting to doubt their investment. Fortunately, the bulls reversed the downtrend today and got the price back into the blue triangle, which gives temporary relief, at least. However, the bears managed to push SHIB lower, and the daily chart has made a lower low. Together with the lower highs, SHIB has been making in the past month, the chart paints a rather grim picture ahead. The trend is clearly bearish, at least for the time being. This makes the support at $0.000032 a likely target for bears before any potential reversal. The only hope for bulls to avoid this scenario is to push SHIB’s price above the $0.000050 resistance Trading Volume: The volume remains low, but somehow the bulls cannot stop this downtrend decisively. RSI: The RSI is curving up on the daily timeframe, and on 4-hour it touched the oversold area before jumping up today when the bulls came back. MACD: The daily MACD remains bearish. The only positive aspect is that the histogram has stopped making lower lows. Perhaps this is the first indication that the bulls may regain control of price in the nearby future. However, it is too early to make a call on this now. The bias on SHIB is bearish. Unless the price moves above the resistance at $0.000050 it is very hard to be bullish. The return of the price back into the blue triangle is a bullish signal, but it is not enough to change the bearish trend. Bulls need to step up and break the key resistance at $0.000050 if there is hope for a reversal. So long as that does not happen, SHIB can continue to decline. Like and follow if you liked my idea!
by DU09
SHIB/USD - Bullish Divergence! Time to pump approaching?😍SHIB’s price fell 15% yesterday during the market correction breaking the critical support at $0.000050, which now acts as resistance. Right now, the price is about to retest the strength of the support at $0.000044, which held well on November 4th when SHIB had a significant crash. Failure to defend this critical support can encourage bears to take SHIB much lower. RSI: The RSI on the 4-hour timeframe is making a bullish divergence with a higher low despite the fact that the price fell lower yesterday compared to November 10th. This reinforces the case that SHIB’s correction may come to an end unless the broad crypto market continues to fall. The bias on SHIB is neutral at this time. The price action also appears to have formed a larger descending triangle with the base sitting at the key support. A breakout from this triangle will flip the bias bullish or bearish depending on which way SHIB price decides to move next. It’s expected to see the price of SHIB just above the key support level at $0.000044. A break below this level appears unlikely at this time and would probably be triggered only by a significant market correction. So long this does not happen, SHIB has a good chance to break away from this formation and move higher in the future. Like and follow if you liked my idea!
Long
by DU09
1
SHIB getting close to the apex of the triangle! Here's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart. Targets: 1. 0.0000562$ 2. 0.0000625$ 3. 0.000072$ 4. 0.000081$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
8
SHIB/USD - 20% pump pushed back by resistance! 🙄SHIB bulls managed to push the price all the way to the resistance at $0.000055 after breaking away from the blue triangle. At one point, the price was up about 20% from the daily low. If the bulls manage to turn the top of this descending triangle into support at around $0.000050, they have a good chance to break above the current resistance. If not, the bears may take over again. Note that this latest rejection at resistance can be interpreted as another lower low on the chart. The bulls really need to push higher if the trend is to change. Therefore, any celebrations might be premature. The bias on SHIB has turned bullish with this breakout. However, to maintain this bias, SHIB price must not fall under $0.000050. SHIB looks like it has a good chance to return to the uptrend. This latest move has turned the bias to bullish, and if the price manages to hold at the $0.000050 support, then it has a real chance to turn the indicators on larger timeframes like daily bullish again. Until SHIB breaks the current resistance at $0.000055, it’s expected to see the price bounce between these two levels as the bulls and bears fight for dominance. Like and follow if you liked my idea!
by DU09
1