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Shibusd

SHIB/USD - At a crossroad, can it break the downtrend? 😱Shiba is in a massive descending channel as shown by the chart. Lower lows and lower highs have been a constant in the past weeks. However, there are some early signs on the indicators that we may be preparing to pump soon. The RSI has been making HIGHER LOWs despite price falling lower = BULLISH divergence. MACD histogram is also painting a bullish divergence. These are early signs that a possible reversal or at least a stop in the downtrend is imminent. If Shiba can stop the bleeding and sit above the current support at $0.000034, then bulls will have a great base for a rally. The first signal that this downtrend is over will be given if Shiba can leave this channel and break again above $0.000047. That will be a clear confirmation of the trend reversing. Right now that appears far away, but don't be too disappointed. Price is curving nicely on this support and we all know Shiba can pump fast... so a reversal can be quick. Also watch out for BTC and ETH as they will impact Shiba. See my ideas linked below. Shiba bias is mildly bullish on this price action and a high risk / high reward play is buying the current support with a good stop under it. Like and follow if you liked my idea!
Long
by DU09
3
SHIB/USDTPump coming , buy some and HODL , Targets $ : 0.000043 , 0.00005 , 0.00006400 , 0.000087 Shib has not need to any fundamental , all people in world know that , just should focus on technical . moon coming ...........................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR
Don't obsess over the ups and downs of the Bitcoin.Hello friends, Shiba Inu coin was created anonymously in August 2020, According to the SHIBA INU (SHIBA INU Rank #13) website, SHIB is the “DOGECOIN KILLER” . A Possible scenario is shown in the chart. 1- The Cup and Handle is a bullish reversal chart pattern. 2- Safe Entry: Price over 50-day moving average (just for SHIB). 3- Take-Profit (final): When the price reaches an increase equal to the height of the cup. Every hear the saying, "Buy low, sell high", relative levels! Market Cap SHIB Dominance: Investing 10%: Start with 10 percent (of your money) and aim to gradually increase that amount over time (Max 20% Total).
Long
by BTC-XLM
5
SHIB - Daily Chart ✅Let's see how SHIB is behaving. This is a 1H chart. SHIB has gone through corrections and fallen on the support levels. The market is still showing Strong Sell volumes for SHIB, and as you can see on the chart, two support areas are strong for holding the price up. There are also two other resistance areas pushing down on price. The Bollinger Bands are close to each other but expanding, which is not a good sign for the short term. The price is pushing down on the lower band. The RSI shows that SHIB is oversold, and it tries to gain volumes to go back up. But it's so weak that it's falling again. The readings show that it was going back up to the center (50), then it got rejected and pulled down on the way up. But it's still a very week for this weekend. Watch out because more Sell volumes might appear. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.00003526 Let me know your ideas. Good luck.
by ShawnMCR
4
SHIBUSDT trade target hit. NEXT strategy?SHIBUSDT trade hit overall 1500% profit. Now its going into area of accumulation period. Final entry for buy position will be between 38% -23% fib level. Trade will boost up as it crosses final resistance. We publish precise and compact information which give you quick glimpse for comparative analysis. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button.
Long
by AussieLeader
3
Shiba Inu (SHIB) - December 5Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SHIBUSDT 1W Chart) If the price is maintained above the volume profile section that is being formed at the 2613 Satoshi point, it is expected to create a new wave. If it falls from the 2613 Satoshi point, there is a possibility that it will touch near the 1808 Satoji point, so you should think about how to deal with it. The wave is not complete and requires careful trading. ------------------------------------------ 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
Shiba Bull & Bear w Support & TargetsShiba's price action is similar to DOGE when it first started getting hyped. However, I do not believe the hype will last over the years. From an Elliot Wave POV, SHIB is currently in grand wave 4/5, and I believe there is room for one last pump. Grand wave 4 will probably be a flat consolidation over the days when the bottom is made. My wave count gets invalidated if we hit the wick zone. Room to go lower on the Wolfpack and RSI. SHIB is a HIGH RISK play and should be traded with caution. Price targets are predictable and safe if you have a solid risk management (SL) for each level. Entries in demand zone with tight SL for the swing. Trading the weak support zone will require you to be on a smaller timeframe. I have orders at the wick zone in case we get lucky. Stay diligent and good luck!
by ILuminosity
3
SHIB - Daily Chart ✅Let's see how SHIB is behaving. This is a 4H chart. SHIB has gone through corrections and fallen on the support levels. The market is still showing Sell volumes for SHIB, and as you can see on the chart, two support areas are strong for holding the price up. There are also two other resistance areas pushing down on price. The Bollinger Bands are expanding, which is not a good sign for the short term. The RSI is showing that SHIB is oversold, but we can't tell when exactly it's going back up to open long positions for now. The readings show that it was going back up to the center (50), and then on the way up, it got rejected and got pulled down. But it's still a very week for this weekend. Watch out because more Sell volumes might appear. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.00003733 Let me know your ideas. Good luck.
by ShawnMCR
SHIB to break-outI'm bullish on SHIB. Shiba Inu has been trading in an extremely bullish pattern for the last few days and actually months if we talk about the bigger channel in pink. It did break out of the pink pattern once on last Tuesday but has been correcting since. Now SHIB is literally on the verge of 3 important patterns, 2 bullish patterns (big and small) and an extreme resistance level of 0.000036. I believe it can moon and reach the closest target of Fibonacci 62% at 0.000065. It's already on its dip, so there's a little to lose even if it doesn't but remember this is NOT a financial advice.
Long
by Bilguun0112
Shib Starting the next set of Waves on the Hourly, BULLISH!!!Goodmorning everyone, I've taken off of work today because of a badddd toothache, but the gains will help negate that lol. I'm still very bullish on shib, looks like we just completed a Whole Elliot wave on the hourly and we are staring the next WAVE 1 Now.. Which means that on a higher timeframe we are just now starting wave 3 of the overall larger picture. My prediction is that the overall wave will touch the ATH again soon, retrace back to the .00006-.00007 area then create a new all time high from there.. Not Financial advice, this is just what I currently see going on at the moment, all of my shib calls seem to have been correct in the last few days.. this post may not age well so dont come at me lol.. Have a great day yall, Happy Trading!
Long
by A1Millionaire
7