Shibusd
SHIBA INU HAS FINISHED ITS SELL OFF AND READY FOR ANOTHER PUMP!Shiba Inu has finished its sell off and it is ready for another pump. The old weekly resistance level (0.00003597) has turned itself to a strong support level and hence we have a clear demand zone now. SHIBA INU now just need some more time to accumulate before the next pump. NFA!
SHIB, you should buy, the path is different before the new ATHshib (the futures price shows 1000 times). Currently there are two possible paths, which will be resolved after the second wave of expected rise.
The first wave of uplift has been completed. Currently stepping back to the 47-42 range.
After stepping on, the target area for the second wave is 62-66.
Then, it depends on whether the stepping 54 is supported. Use this as the criterion for distinguishing the two paths.
The process is just different. If it breaks, it may go back to the 36th outsole and step on it again-most likely it will be stepped on.
The mid-line target remains unchanged, 122-142 after the new high.
In short, you should buy now, try to hold to 62-66, the contract will close a part of the position and stop loss in place, or spot the principal.
SHIB - Buy only after that !!!Shiba Inu has been moving in a downtrend for a long time. The price has already corrected by almost 60% from its high. This is quite a lot and it is already worth looking for turning points.
Locally, the price broke the important level of 0.00004$, the next important level is 0.0000353$. I don't know if the price will reach the big value area, but if it does it would be the best buying opportunity.
You should also pay attention to the trend line, if the trend line breaks, this 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.
SHIB - Daily Chart ✅SHIB has broken the resistance in the past few hours, and now it's going back at support to get more volumes.
The market is showing Buy Volumes for this coin right now, so don't open any short positions without more confirmation.
There are two resistance levels on the way up and two support areas on the way down, which help hold the price up to consolidate.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00004710
Let me know your ideas.
Good luck.
They took it to the vetInstead of putting the dog down the caring owners seem to have taken it to the vet for some expensive fur baby treatment instead. This last gasp keeping Dogcoin millionaire dreams alive is based on rumors of listing at a new exchange (Kraken). Remember, just because it is listed doesn't mean people will buy it there...
This sets up a good short opportunity for a mean reversion trade. Targeting the region of the last pump.
SHIBA - Downtrend situation!In a 4-hour timeframe, as it has been said many times that I do not see Shiba's condition ascending yet. According to the long-term downtrend line, if it can break this line and also find a price stabilization above the 4400 range, we can expect it to climb. If the 3240 support is broken, we will see a further fall.
6 year old's Chart Analysis SHIBI think SHIB is too much fun haha... I've sold some today to buy ELON and DOGE again (same shitcoin category?). This SHIB dip seemed too calm, I guess the old heads were waiting to see a flush down. I'm not convinced that we are out of the woods yet, but if it's going up, I won't fight it. Kraken kids seem to have a lot of money lol.
SHIBA INU ROCKET(HODL) KRAKEN LISTINGSHIBA INU LISTED ON Kraken Exchange
November 30 — at which point Kraken will enable order entry and execution.
SHIBA INU is now listed on coinbase / binance / etoro / webull and many more
DONT MISS OUT more platforms listing soon as well
Deposits require 20 confirmations (~5 minutes). You can add SHIB to your Kraken account
Half of its supply of one quadrillion tokens was sent to Ethereum creator Vitalik Buterin, who donated ~$1 billion worth to India’s Crypto COVID Relief fund. He later burned the remaining tokens (an estimated 40% of the supply).
A little lower before things get really interestingI love the little rally, but my most pessimistic self tends to be correct when it comes to this stuff.
I see a move down to at least the .000040XX range again before we get a feeling for whether the downward trend has truly ended or not.
We'll know very soon.
SHIB/USD - BREAKOUT! Entry at retest looks JUICY!!! 🤩SHIB broke above the bullish wedge. An entry at the re-test of $0.000039 support would be ideal if this is NOT a fakeout...
It was time for SHIBA to bounce and pump after a 60% drop.
Risk/Reward looks good on this trade.
Bias is bullish at this time. Bullish cross on MACD too... lets go!
Enjoy the ride.
Like and follow if you liked my idea!
Shib is Building Bullish Divergence!!Despite all the reasons everyone else wants to sell Shib and get to the " Golden Support for Buyers" we are holding strong!! Selling pressure is still kinda high I feel.. but, we are taking it very well! Sorry, I'm not really talking numbers, but you can let my technicals speak for me per say.. Bullish, Happy Trading :)
SHIB forming a bigger falling wedge! Keep an eye on this!Here's a quick Look at SHIB 8 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 0.0000452$
2. 0.00005$
3. 0.0000562$
4. 0.0000625$
5. 0.000072$
6. 0.000081$
-------------------------------------------
What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!