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Shibusd

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
Shiba is Long... Expect BounceI got dumped to hell last month. No regrets people claimed that we would follow a BTC dump to below 28k. I have been saying for a while BTC has shown great strength in the 40s. We will see a strong retest int he 40k to 47k range. I believe BTC will breakout past 50k this month. Shiba did an incredible short this month.... I can say that's the gamble of good trading. However, SHIBA is not one to show in the 0.000020 range. We will bounce soon. It is a greater gamble to short this range on Shiba than long it. I wasn't expecting a month of major down turn as many other stocks like AVAX and LUNA had major bounce. I expect us to hit a super ninja trend contrarian style. As I always say this is a spot trade, so trade your style and watch for updates. I ride the pain, not usually for a month but we had some great support levels that dipped off. This month expect retest. It is an ugly market . I have never been liquidated and this is the closest I have ever came. Good ol' SHIB. Not worried. I like the volatility. Be patient. I will be updating. Happy trading. (I believe people over complicate trading in this type of market. I will be getting to technicals when the market corrects. Expecting BTC to get to the 42k range soon and traders to claim it's an outrage.) Lucky for us SHIB can pack a punch. LONG LONG LONG- been LONG just a scamming ass market with scamming ass Feds.
by jasdabunny91
4
Shibusd 1D Strong buyback after yesterday's fallFrom the beginning of 2022 the price of SHIBUSDT moves a smooth down channel with a price range of 100% Usually the price moves in the upper part of the channel, but when the SHIBUSD price breaks below middle of chanel to the lower part, the fall is -40-50% in 1-2 days. It happened yesterday. However, today the buyers of Shibainu showed great interest in the coin, and today's day candle of growth almost equal in size to yesterday's fall. Shib buyers showed one of the best results of buyout after yesterday's fall, which gives a good reason to follow this asset and bribe it in the long run. Ideally, we would not want the price of SHIBUSDT to fall below $0.000015, there would be an ideal point to enter the long. Well, the first target from above, in our opinion, is in the area of $0.000027 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the id ea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
29
Why are you so confident in a long position SHIB?We have seen a lot of posts about a good SHIB long, and we want to suggest that you consider an alternative scenario There is such a logical chain: Elon Musk pampil on Twitter DOGE, DOGE is a meme token, SHIB is also a meme token, Musk bought Twitter and DOGE increased in price, which means SHIB will also increase in price, perhaps in the short term, yes, and the SHIB team is developing a project that can in long-term to ensure the growth of the value of the coin. However, we suggest you consider this option: 1D we see an impulsive growth and the start of a correction, given that this is a three-wave correction, then most likely the triangle that is drawn can act as wave b, therefore, we can expect a trip for the stops of people who were campaigned in favor of buying, buying off by strong players, after which we can say that the correction is over , are you ready to sit out -40% in case of going down? If you want to buy or submit inside the rectangle, then we advise you to wait for a beating before entering a trade
Short
by Colibri_Capital
1