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Shibusd

SHIBA broke its 1DMA50. One Resistance left before All Time HighSHIBUSDT had approximately a +30% price increase yesterday that marginally broke above its 1D MA50 (blue trend-line) for the first time since December 01 2021. Today despite a higher reach, we see so far some profit taking which is expected after such rise. During Shiba Inu's previous accumulation phase from June to September, when it broke the 1D MA50, it failed to deliver a rally to new All Time High (ATH) as the horizontal Resistance level of the Highs of the accumulation phase continued to reject any break-out attempt. Currently the symmetrical Resistance Zone appears to be roughly within 0.00003320 - 0.00003110. As long as the price is within that and the Support Zone, expect the accumulation phase to be extended. A break above the Resistance Zone, will most likely coincide with a break above the 1D MA100 (green trend-line). In that case I expect an aggressive and quick rally towards the 1.0 Fibonacci level and the previous ATH. A break above can even set a Higher High near the 1.236 Fib extension. Notice how similar the 1D RSI sequences are of the two accumulation phases. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
6
Shiba Inu (SHIB) - February 5Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SHIBUSDT 1W Chart) Above 0.0000 2613 point: Expected to create a new wave. If the price is maintained above the 0.0000 2613 point, I would expect a reversal of an uptrend. As such, we expect to see resistance in the range 0.0000 3528-0.0000 3911. If it declines from the 0.00001808 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously. Due to the volume profile section that is being formed near the 0.0000 6697 point, it is expected that a sideways period will be required, so it is recommended to proceed with the investment from a mid- to long-term point of view with peace of mind. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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
SHIB is moving in a bearish triangle pattern, What's next goal?As you can see on the chart, Shiba is moving in a big bearish triangle pattern for about 10 Days! What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin. Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle. In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.
Short
by TahaZargar
SHIB RobinHood listing rumor and petitionA tweet from ZeroHedge announced that Robinhood could list Shiba Inu for trading in February. There is also a Change petition with more than 555,000 signatures to convince Robinhood to to list Shiba Inu coin. Since Robinhood needs new users and its stock lost a more than 60% from its IPO, i really believe this is the next strategy for them to execute in February. In this case, my price target for SHIB is the 0.00003100 resistance. Looking forward to read your opinion about it.
Long
by TopgOptions
4
Buy Little Bag Of Shib For Long Term Don't MissToday I want to talk with you about SHIBA chart Price tested support time of range a few times like tested resistance too. This is my opinion, I really hope this will be useful for you Be ready and take care of your money. Have a great profit! Always do your own research before opening positions and always put SL Currently in Range or You can wait for a pullback Stoploss Bellow Yellow Line We Can See Pump in Shib After Doge
Long
by arryabdullah
SHIB, is going to break this resistance?On the SHIB chart you can see a trend line. At the moment this line acts as resistance. The price has tried several times to overcome this resistance, but so far it has not succeeded. In the case of compression and breakout there could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
4
SHIB waiting like the rest. Power of the FED. This is what they were created for. The question is what do they need to do to establish economic stability. First, they need to take back control. I think this creates the perfect tension for mitosis. The Federal Reserve needs to see that DeFi is in fact self-supporting. With AI on the horizon and quantum computers laying out the effect chains of every decision to pinpoint accuracy, we the people always maintain the ability seek. We are the sand in the oyster.
COINBASE:SHIBUSD
by mindfree
8
Shib Will be cost 0.0002 or 0.00002, Statistical error 900%)Today we are reviewing the SHIBUSDT pair and it seems that we already have a whole series of successful ideas and forecasts of Shibainu token price movement. Our previous idea worked done, the growth itself exceeded the most exuberant fantasies and expectations. Yesterday the info market received a statement about SHIBUSDT listing on the Kraken exchange and the price happily reacted to this news with growth. The potential for growth on such news can still be about +35%. However, you need to approach trading and speculating with such a volatile and manipulative asset with a cold mind. One tweet can both lift and collapse the SHIBUSD price by a lot of percents. The critical levels for the price of SHIB, we've identified $0.000068-0.000070 from the top and $0.000038 from below. A confident fixing of SHIBUSDT price above $0.000068-0.000070 will open the way for x3 growth to the area of $0.0002 If the sellers defend the area of $0.000068-0.000070 and start to drive the price down, under different circumstances the fall may stop just around $0.00002. Therefore, be careful and watchful: the main thing is to keep your deposit and increase it smoothly and confidently! _____________________ 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 idea" 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
43