SHIB printing a bigger descending triangleHere'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 to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.00006$ with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from 0.0000615$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000625$
2. 0.000072$
3. 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."
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Shibbtc
SHIB - Daily Chart ✅SHIB is consolidating again. Bollinger bands are getting squeezed.
The market is showing Buy Volumes and looks disengaged.
When bands squeeze, then the price can pump either way. Considering Bitcoin and ETH touching ATH, we can say that a crash can happen.
Watch out for your positions and wait for more confirmation.
There are two resistance areas on the way up and two support areas holding the price up in case of a drop.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005519
Let me know your ideas.
Good luck.
SHIBUSDT Technical Analysis⏳ Spot
💎 SHIBUSDT on H1 has formed a Bullish Flag inside of Symmetrical Triangle. We also see a small Symmetrical triangle inside of the Bullish Flag. The price might go lower to the Support line of the triangle or to the support line of the Flag then gets rejected and continues to go higher and breaks above the flag
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 0.00005000 to 0.00005546
☕️ TP1 0.00005900
🍺 TP2 0.00007174
🍻 TP3 0.00008295
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00004688 to 0.00005000
Good Luck 🎲
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SHIBUSDT Technical Analysis⏳ Spot
💎 SHIBUSDT has formed a Flag pattern in the triangle. After the breakout we can expect a retest and pullback and then the Bullish move . It may also get rejected from the resistance before the breakout
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 0.00005273 to 0.00005729
☕️ TP1 0.00006210
🍺 TP2 0.00007174
🍻 TP3 0.00008295
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00004791 to 0.00005273
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 😊👍🏻
SHIB/USD - Dead Cat Bounce... Likely to retest Support!SHIB’s recovery from the drop last week was impressive, but bulls failed to push the price above the key resistance at $0.000063, and bears took control again, pushing it under $0.000055, which now also acts as resistance.
This leaves SHIB with the support found at $0.000044. If the bulls fail to step up soon, a retest of the support becomes likely. Failure to hold there and the next support will be found at $0.000032.
The bias is bearish because bulls have failed to break above the resistance and the daily MACD gives no signs of any positivity.
Considering the price action of today, SHIB is more likely to retest the support at $0.000044 than to hope for another rally. As such, traders should be patient before considering an entry as SHIB may provide a better price close to support where, last time, bulls came back in force. Any long entries now can be assessed as high risk.
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Shiba Inu SHIBUSDT - Bull flag + Double TOP- SHIBA INU - SHIB - Rank #11 - Token.
- On the chart we can spot a huge rising wedge on the LOG scale.
- Also the chart is printing a bull flag / bullish pennant!
- Crypto market usually ends with a double top / double bottom, so there is still a space to go.
- I would not buy Shiba inu, it's just a technical analysis.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
SHIB/USD - A lower high is not a good news for anyone...After the euphoria last week, we have entered the denial stage on SHIB. This is because in the past seven days, Shiba crashed by 24.3%. However, if we measure the drop from the all-time high at $0.00008854, which was also reached within the same weekly candlestick, this drop was over 50%. This signals Shiba has reached a local top, and it will take some time before a recovery can be expected.
The reason Shiba crashed so much is that it failed to push higher and was rejected at several key levels, which gave bears a lot of confidence to push the price lower. The cryptocurrency also broke below the descending triangle in blue and made the previous support resistance. After that, there was no way to stop the bears.
Right now, Shiba had a great bounce from the support at $0.000047, but it seems SHIB made a lower high... which is bearish. If bull don't step up to push higher, SHIB may fall lower still...
The bearish cross on the daily MACD is also concerning in the near future. So don't FOMO now...
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SHIB - Daily Chart ✅SHIB is getting squeezed between Bollinger Bands. This means we can see a strong move either way soon. Watch out for your positions.
There are two resistance areas and two support levels for the SHIB coin right now.
There are Buy Volumes for SHIB in the market, so don't open short positions for now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005773
Let me know your ideas.
Good luck.
Keep an eye on SHIB - we could see a bigger move soon!Here's a quick Look at SHIB 2 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.0000615$ with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from 0.0000615$ and take profits at the levels shown in the chart.
Targets:
1. 0.000065$
2. 0.000072$
3. 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!
SHIB - Daily Chart ✅Since the prices are moving in a wide channel, I've decided to set the chart as 4H to get better results.
The market is showing Buy Volumes for SHIB coin now. Not strong, but still.
Two support areas are holding the price up, and two resistance pushing down on it.
The lower and the higher Bollinger Band are also supporting and resisting here, so watch out for them.
Price can go a little lower till touching the support; that's when we can get more confirmations to open positions.
Price just passed the Middle Bollinger Band and now it's using it as support. Don't open short positions before breaking that band.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005959
Let me know your ideas.
Good luck.
SHIB/USD - Can SHIBA drop to $0.000030? Daily says YES! ⛔What goes up must come down. SHIB is no different...
Shiba has broken below the descending triangle and made it resistance. That settled it and price pushed much lower today dropping 20%...
Auch.
Where can this drop stop... well... on the daily timeframe, SHIBA did a MASSIVE bearish cross on MACD...
When this happens... it is not pretty and price can fall much more before a reversal can be expected. At best SHIB will bounce then drop some more.
The current support levels are all weak... the only true support with a good chance to stop the drop is at ... $0.000030. So SHIB has another 35% drop left to do in the pessimistic scenario...
On the optimistic side, maybe we find support before that... time will tel. This chart looks bad.
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SHIB - Daily Chart ✅SHIB coin pushed against the static resistance and got rejected just like ADA. But this coin kept getting corrected by the middle Bollinger Band and is going to the local and solid resistance levels.
SHIB is showing Buy Volumes in the market, but I think we should wait until it closes a 4H chart above our key areas to confirm we're going back up to recover, and then we can open long positions.
Two support areas can hold the price up, and if we pump any time soon, we will have to fight those resistance areas on the way up, and both are very strong.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00006387
Let me know your ideas.
Good luck.
SHIB - Daily Chart ✅After this month started and Bitcoin started taking off, many coins got squeezed between Bollinger Bands deciding to go either way for a breakout.
DOGE is still deciding, but SHIB pushed down on the Lower Band, and now we're expecting to see more drops and corrections.
There are two support areas on the way down, and Solid Support will hold the price up.
Also, there are two resistance zones we need to retest to have another pump.
SHIB is shaky right now, and the market is showing Buy Volumes.
So don't open new positions until more confirmations.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00006922
Let me know your ideas.
Good luck.
SHIB - Daily Chart ✅SHIB is consolidating its way up and has a significant chance of passing or touching those resistance zones.
We have two significant support areas for SHIB right now, and both of them are solid.
Watch out for those two resistance levels because weekends are unpredictable.
There are Buy Volumes in the market for SHIB, so don't open short positions without confirmations. It's soon to get rejected by resistance now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00007155
Let me know your ideas.
Good luck.
SHIB - Daily Chart ✅SHIB is pumping. However, it got help from local support and pumped back up, but we still need to retest two resistance areas on the way up.
I can see Buy Volumes on the market and think there's a slight chance of pumping back up to resistance areas.
This resistance that is holding us down is strong to be careful
Watch out, guys; this weekend looks red! Don't open long positions for now without confirmations.
There are two support areas on the way down, which will help us hold the price up in case of sudden crashes.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $00006941
Let me know your ideas.
Good luck.
SHIB is loading up for a big push again!Here's a quick Look at SHIB 1 hr chart . As we can see, the price has been forming a falling wedge and we could see a break either way soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above 0.000069$ with good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above 0.000069$ and take profits at the levels shown in the chart.
Targets:
1. 0.000072$
2. 0.0000774$
3. 0.000084$
-------------------------------------------
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!
SHIB - Daily Chart ✅SHIB isn't as strong as DOGE Coin right now.
The market is showing Buy Volumes, but it's not that high anymore.
We have two possible support areas for now:
The first one is our solid support which indeed can hold the price up. And the other one is not strong, so we need to wait for a 4H candle to stay above it. Then we can count that as good local support.
THere's also a resistance area that can push the price back down as it did once before. So watch out for that one.
Use this chart as your trade setup for now; I'll keep it updated.
Let me know your ideas.
Good luck.
SHIB/USD - Can we PUMP again? 🤩Shiba took the spotlight with no less than a 146% rally this week.
The surge was the headline across the industry, and the price finally came to a break once it hit the current all-time high of $0.00008854. As already indicated in our last Shiba analysis, all eyes are now on the key level of $0.0001. The big question in everyone’s mind is, can SHIB lose another zero? That would certainly gather a lot of attention.
Until then, Shiba has found support on the $0.0000600 level and is expected to consolidate further under the all-time high before another attempt is made at a breakout. The indicators remain bullish on higher timeframes such as daily and above, while on lower timeframes like 4-hours, the correction appears completed.
Looking ahead into the coming week, there is a possibility Shiba can attempt a break of the $0.0001 level
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SHIB - Daily Chart ✅SHIB is moving as expected. That local support is still active, and it's holding the price. We are also able to get help from the Middle Bollinger Band as well. However, the bands are squeezing and trying to get the price consolidated for sudden pumps or drops. So watch out! It's the weekend.
There is one static resistance on the way up, which is local, and another is the Upper Bollinger Band. Those two can hold the price down.
In case of sudden weekend crashes, we have solid support, as you can see on the chart. That one is good enough to hold the price up.
The market is showing Buy Volumes for SHIB, so don't open short positions without more confirmations.
Use this chart as your trade setup for now; I'll keep it updated.
Let me know your ideas.
Good luck.
SHIB/USD - 20x in a month. GG 🤩Chart.
When RSI is over 90 you got to be careful. But hey, this is SHIBA, this is meme coin. Rules don't apply.
Top 10 coin right here, fundamentals don't matter. All that matters is DOG coins > everything else.
SHIBA to $0.0001 soon.
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1000SHIB/ USDT 4HOUR UPDATE Welcome to this quick
1000shib/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- 1000shib/usdt is very bullish and rising wedge pattern and and by the dip and 1000shib/usdt new all time high create
Entry:- $0.045,$0.047
Traget:-
T1:- $0.050,
T2:- $0.053,
T3:- $0.057
Stoploss:- $0.043
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...