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Shibusd

SHIBUSDT Falling Wedge forming a Bottom*** *** For this particular analysis on SHIBA we are using the SHIBUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Shiba has been trading within a Falling Wedge pattern since the December 24 2021 High. The price has been trading near the pattern's Lower Lows trend-line since the May 12 Lower Low, being unable to stage a sustainable rebound. The longer it trades near that level, the more likely it is to attract buyers and form a bottom. The immediate target is always the 1D MA50 (blue trend-line) and a closing above it takes us to the medium-term 1D MA100 (green trend-line). Only a break above the 1D MA200 (orange trend-line) can justify further buying, in which case we'll have a long-term bullish reversal into a new Bull Cycle. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Long
by TradingShot
5
what is your take on SHIBA INU?SHIBA INU and overall alt market is currently in a deep downtrend. If we look closely to this shiba chart, price have fallen to the toes of the market (so is it right time to buy?) well i dont know yet, nobody knows that anyways WE NEVER BUY WHEN PRICES ARE GOING DOWN EVERY SINGLE DAY! what we can do tho is to wait and let the market show the lead that could be (in this case) rejection to the levels marked on this chart plus ema's to cross above and macd to cross 0 (thats alot to ask for). RIGHT NOW ONLY THING TO DO IS WAIT.
FTX:SHIBUSD
by lofitrend
SHIBUSD | Wave Analysis Mapping - Primary Wave 2 Target RangePrice action and chart pattern trading > Falling Channel pattern with target downtrend wave 5 within the range of 0650 - 1300 based on 1.236 - 1.618 wave 4 retracement > Long Entry @ local downtrend line breakout > Medium-term Target @ upper channel resistance near SMA200 zone / volume profile resistance zone > Indicator: MACD crossover signal line below the base. Always trade with affordable risk and respect your stoploss.
COINBASE:SHIBUSD
by dukeposh
SHIBA INU - Getting Ready...SHIB is currently in a descending ABC correction and we're in wave C now, which has 5 subwaves. We are currently in subwave 4 and expecting one more drop for subwave 5. Once price drops once more, we can get ready to buy Shiba Inu. We have a level marked out, which has previously acted as strong support. Price could very well retest that level once more before seeing bullish price. That will be our first point of interest when price makes its way down for the 5th subwave. No trade idea as of yet but we'll update this chart with a lower timeframe analysis once we see the 5th wave down. What do you guys think?
by WicktatorFX
6
Shiba Inu (SHIB) - May 20hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SHIBUSDT 1W Chart) In order to transition from the mid- to long-term bullish trend, it must rise above 0.0000 2418. In particular, you need to break out of the downtrend line. (1D chart) We need to see if we can move higher than 0.0000 1348 during the volatility period around May 25th. In the short-term and medium-term perspective, it needs to rise above 0.0000 1808 to turn into an uptrend. As it has fallen below 0.0000 1808 and has entered the mid- to long-term investment area, you need to relax and trade to increase the number of coins you have. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Trading Signal For SHIBUSDT SHIBA INU Trading Setup: A Trading Signal is seen in the SHIBUSDT SHIBA INU . Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 0.00001070 ⭕️SL @ 0.00000987 🔵TP1 @ 0.00001276 🔵TP2 @ 0.00001490 🔵TP3 @ 0.00001837 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal