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Shibbtc

price action patterns you need to know ( part 3 ) hi my friends , i'll share with you some patterns which can help you in trading and make it easy . we find double bottom in downtrend and this pattern mean that price will change to the opposite direction ( long ) and we can use the line as a confirmation . double top appear in uptrend as signal of price change ( short ) and we can use the line as a confirmation . note : both of them ar reversal patterns please support me with like and follow me for more ideas .
Education
by Diamond_Chart
SHIB/USD - Another day, another rejection at resistance...SHIBA wanted to surprise us with a great pump the other day, but was quickly rejected by the resistance line. Sellers stepped in and would not let bulls have a party, the music stopped and price fell. No surprise here (see my last idea liked below), this channel has been ongoing for months now... considering current price action, best to buy some shiba once we reach support again. Until then, there is not much else to do here. Bias is bearish as we will likely correct down now. Like and follow if you liked this idea.
Short
by DU09
SHIBUSDT BULLISH SIGNAL UPDATE!!As you all know, SHIB is not performing well from last 4 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal. Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss. RISK 50/50. RISK FACTORS: Market/BTC CRASH Happy Trading :) Good Luck! If you like my idea, please support: Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
Long
by SignalSpot
$SHIB SHIBA INU/USDT NEXT DOGE DO NOT MISS THIS ONE!Seriously though, forget market cap, metrics, FUD'ers Etc. Did you believe DOGE would EVER get to where it hit its all time high? I remember it being laughable and hovering sub zero cents, and within a year its nearly touched a dollar... Not to mention it has zero use case and is completely inflationary... with unlimited supply. At least this coin has a few use cases, good community. It's its first day on some of these exchanges and already looks like its a coin thats been around for a long time. This thing has the possibility of EASILY munching away two zeros. Seriously though , get in and close the laptop. Its one of those kkind of trades.. Enjoy the ride. Were goin to the top boys and gals. Oh also I believe it maaaay drop down to around the 0.000016 region tonight. But since it broke out of its bottoming I dont believe this will happen. I'm setting stop loss at 0.000024 . (also looks like an ideal set up for some Bot trading) Dont sell (unless you're pumping the charts) until 0.001 IT CAN AND WILL BE DONE!
Long
by BTCastroDOT
15
SHIB on its breakout! DONT SAY I DIDNT WARN YOU!I'm thinking this is the actual breakout we've been waiting on. SHIB looks like it might finally be breaking out and breaking out to the upside for good.. We're not out of the woods yet though, we need to break above this 1775 level I have marked and close a 30 min candle above it then we will be 100% but all the indicators are pointing that direction as you can see marked by the yellow arrows. Dont say I didnt warn you when it shoots clear up past the top take profit labeled here and eats another zero. If you haven't looked at how much volume SHIB is doing look it up now. Once this thing pops its going to be like a train , there wont be any stopping it. So my suggestion (NOT financial advice DYOR) is to get on the train BEFORE it leaves the station! GOOD LUCK ! CHEERZ!
Long
by BTCastroDOT
4
Crazy idea, but possible for ShibAs we had a drastic correction in Doge which was mainly interrupted to a fall in the stockmarket, following Bitcoin, and a catalyst as Elion Musk coming with 'bad' news, I haven't dared to touch this coin for its 'unfundamental' value and for its crazy gains in a short period of time purely due to hype and Dogecoin. On the other hand I must say that we had an immediate drop of 61.8% exactly on that FIB level and if Doge becomes bullish again, we might see Shib get back to ATH and even double the correction, which is a +250% upwards movement or 0.000055 level.. did I miss some zeros? One most important thing that I am rather bullish on this coin is the Binance listing, which is a big thing.. I missed the boat before the listing as almost all coins have their pre-pump before a Binance listing, and when it gets listed finally, there is a very short run-up with a sell-off afterwards, which takes, about.. a few days, a week or a month or so, depending of the hype, the bull/bear cycle we're in and volume of-course. Speaking about volume.. This thing has now still more than 2B usd volume on Binance vs USDT ! And that for a sh*tcoin.. really weird.. it is the attention worth anyways. I cannot judge the chart on EMA's because this chart is just 3 weeks old, and the 21 daily EMA is just visible, and for the 50 or 100.. well.. you know how many days you have to wait for that. In this correction Shiba Inu has been downtrading in a clear descending wedge, which it has broken out from and could bring us to 2500 .. satoshi dollars? lol, or 0.00002500 or so. I am just saying all this, because we had a very fast sell off, which is good to keep this bullet-train active. I am not really seeing an Elliott wave cycle in this one, I can't define a 5th wave, let alone, a 3th, so this might actually just have been the 1st wave ! after which we are in a correctional 2nd wave.. There could be a potential leg down, and worst case scenario the 78.6% level, but then I am not too sure it will get wiped out.. We should get above the 2500 quick, to reach ath, then we can validate this analysis. On the other hand, Doge is bumping on the resistance levels of 0.45, trendlines and a descending wedge as well, and so on.. It clearly wants to break out. I also see that Shib has sporadically moves of its own, so that's a good sign as well.. To create moves of 10-20% in just minutes, is at least to say.. insane ! So I guess there's still a big community behind, and as there is only USDT, BUSD, BTC pairs available AND NO margin Trading on Binance, I think it's a good thing .. So or we're selling, or we're buying.. no shorting and exterior forces.. I am not claiming this is definitely going to moon again, but I wouldn't be surprised...
Long
by Wolverinos
1
Shiba Inu hits Fibonacci perfectly! #SHIBUSDTShiba Inu has been on the move the last few days. After consolidation there was a break out. For this chart I used Poloniex because it has a great data feed. I expect this to continue up on the 4 hour a bit more before consolidating flat, and then likely going for a third wave up. I'd wait for it to flatten out, and I think this token has some room to go. It's just getting popular. Binance will list this token in the near future. Market Cap is growing rapidly. Many DOGE holders moving funds on to SHIB after DOGE dump. However, the Fibonacci seems to be guiding buyers and sellers to some degree, and the social media frenzy is driving traffic to this coin. I'm in this coin for the long haul. This is not financial advice, never risk more than you can afford to lose. Learn trading fundamentals at investopedia.com You can buy SHIBUSDT with USDT ERC20 (ETH network) or USDT TRC20 (Tron network is recommended) easily here: bilaxy.com If you do go to Bilaxy, buy some BIA token to get a discount on trading fees (similar to buying BNB on Binance to cover fees for a 50% discount). #SHIBUSDT #SHIBWETH #SHIBARMY #shibainu
Long
by kingofkrypto1
5
SHIB to the MOONSHIBA INU aka SHIB is a pioneer in decentralized community building. The Shiba token is an ERC-20 only token and can remain well under a penny and still outpace Dogecoin in the long term according to its founders. Nicknamed the " DOGECOIN KILLER " it has already amassed huge popularity worldwide and is already up thousands of percent. As of today (11/05/21), one of the worlds biggest exchanges; Binance has listed SHIB. It can be purchased and traded under the SHIB/USDT and SHIB/BUSD pairs. Undoubtedly, this is a huge step towards global adoption as it was previously only available on Uniswap. Many other popular exchanges will follow and list SHIB in due course. SHIB is also the first cryptocurrency token to be listed and incentivized on the ShibaSwap decentralized exchange. Although the supply is capped at an eye watering 1,000 Trillion tokens, according to their official website 50% of the total supply has been locked to Uniswap and the keys thrown away. With the remaining 50% burned to Vitalik Buterin, ETH founder. Fundamentally, the future looks exciting for SHIB with their Artist incubator project acting as a promising stepping stone towards their introduction into the booming NFT market. Shiba have also launched a community effort called the SHIBA INU rescue operation whereby they are utilizing the built in Amazon Smile feature to donate for this cause. This no cost method allows any Shiba Inu member to help Rescue Shiba Inus by simply using smile.amazon.com when they place orders and put their preferred non-profit organization to Shiba Inu Rescue Association. It will be interesting to see how the hype coupled with the fundamentals plays out over the coming months. With the prospect of following DOGE's rise to MEME supremacy and even overtaking it on the cards, now may possibly be a great time to invest for the long term. As always, these are only my thoughts and should not act as financial advice. As always DYOR (do your own research) and only invest what you can afford to lose. Be sure to like this idea and follow me on TradingView to stay updated and for future analysis.
Long
by TheBitcoin
4