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Shibusd

SHIBA Next Res test could be the last. Potential +400% move.This is an update to the pattern I published for SHIBUSDT on February 07: As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D RSI sequences are identical. In our opinion, the next test of the consolidation's Resistance level, will most likely be the last. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021. So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !! -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
5
SHIB, what will happen after the breakdown of the trend line?After touching the trend line, we did not see a strong buyer reaction! The price will probably be able to break through this trend line and approach the first key level. If there is weak support from the buyer at this level, the next level will be a strong support. From the level of the local minimum - $0.00001704, you can look for good opportunities to take long positions. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
8
Shib- Higher low in place?After the recent low on 22 of January at 0.0000175, Shib has had a first leg up to 0.000035, followed by a correction just shy above 0.000020. Now the coin is trading at 0.000025 and the Pin Bar from 24 February can very well mark a higher low. Yesterday's candle is a bullish engulfing which reinforces a bullish outlook. If the recovery for the crypto market is a genuine one, Shib can rise and test 0.000040 resistance I'm bullish as long as 0.000020 is intact
COINBASE:SHIBUSDLong
by Mihai_Iacob
4
SHIBUSDT | The best target for climbingHello traders, SHIBUSDT in daily timeframe , As we counted, the main 1 and 2 waves are formed and now we are inside the 3 main wave. This wave 3 has ended its microwave 1 and now we have doubts about the beginning of microwave 3 and the end of wave 2. Wave 2 is zigzag in its current structure and this zigzag has ended and entered a new phase with the breaking of its channel. It should be noted that the correction for wave 2 is both normal in terms of time and correction. This new phase is most likely related to wave 3. In the second probability it is related to wave x and in the third probability it is related to wave a of wave b from the plate. Most likely: This phase is related to wave 3, currently waves i, ii and iii are formed and now we are inside wave iv. This wave needs another descent to the bottom of its channel in terms of time and correction. However, if the upper side of the channel is broken, the v-wave is probably started, and if the price falls below the specified range (warning sign), this possibility will be fielded. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad