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SHIB Shiba Inu - 4H UpdateToday I am charting Shiba Inu (SHIB) on a 4H linear chart. The current price is back inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: There is a multi-day bearish divergence and the price has broken down. Concern: Ichimoku Cloud resistance above. In the red ovals I show where the price may be supported at the 0.236-0.382 fib level, which is a major drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoin
Short
by MillionaireEconomics
10
SHIB/USD - Lower low... time to be careful! 😪SHIB’s price was in a very dangerous area yesterday when it broke below the support level at $0.000044. There was panic and despair in the market, with most SHIB holders starting to doubt their investment. Fortunately, the bulls reversed the downtrend today and got the price back into the blue triangle, which gives temporary relief, at least. However, the bears managed to push SHIB lower, and the daily chart has made a lower low. Together with the lower highs, SHIB has been making in the past month, the chart paints a rather grim picture ahead. The trend is clearly bearish, at least for the time being. This makes the support at $0.000032 a likely target for bears before any potential reversal. The only hope for bulls to avoid this scenario is to push SHIB’s price above the $0.000050 resistance Trading Volume: The volume remains low, but somehow the bulls cannot stop this downtrend decisively. RSI: The RSI is curving up on the daily timeframe, and on 4-hour it touched the oversold area before jumping up today when the bulls came back. MACD: The daily MACD remains bearish. The only positive aspect is that the histogram has stopped making lower lows. Perhaps this is the first indication that the bulls may regain control of price in the nearby future. However, it is too early to make a call on this now. The bias on SHIB is bearish. Unless the price moves above the resistance at $0.000050 it is very hard to be bullish. The return of the price back into the blue triangle is a bullish signal, but it is not enough to change the bearish trend. Bulls need to step up and break the key resistance at $0.000050 if there is hope for a reversal. So long as that does not happen, SHIB can continue to decline. Like and follow if you liked my idea!
by DU09
SHIBA keeps mimicking DOGE !! It's even dipping the sameLet's be real, DOGE and SHIBA are shitcoins, but they're fun, especially when you notice that they move pretty much the same over time. In orange is DOGE, as you can see the similarity is huge, even more if you consider they are two shitcoins driven by a dog and some muskpump. So what do you see ? Yep, seems like it's about to go doooown if we break the 4245 mark. Of course, as always, SHIBA won't follow charts but if it naturally follows the DOGE fate, then I would say it is really likely gonna go down a lot more. It could also stabilise at the 4900 mark but that will require momentum to be built between 4245-4900.
Short
by innocentBearWantingBull
1
SHIB! Swing Set upSHIB! As anticipated deeper pullback. It’s getting amazing RISK AND REWARD! We might see this bad boy fly. Have you checked MANA!? We called so many times it’s doing great! Over 80% profits! If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
SLong
by JhonMontana
1
SHIBUSDT , Where we gonna go ???Hello everybody According to the chart that we shown everything for anyone , in here we have powerful zone for supporting the price and that take the price go up to new ATh . We have downward trendline it should be break that the target on chart we shown is on our way to reach and in here we expect that the price can support and can move up to reach last ATH , but anyone should b conscious and watch the chart in multi time frame then it can be take signal and buy and enjoy your profit Previous analysis : Good Luck Abtin
Long
by Abtin00
13
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart. The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021. Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down. In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoin
by MillionaireEconomics
3
SHIBA INU - 20x of 2020'sHello everyone! This is a chart analysis of Shiba, I believe the leg down from .00005 to .000007 seems to be a portion of the correction leg that occurred in Bitcoin between April and September. The future price gains are expected to increase within a few years. A strong bullish move up to (iii) and (v) wave levels are expected, to break all time highs. Price ratios and indicator values recommend an even stronger momentum however I may not add it as part of this prediction. Crypto markets seem to be continuing their major bullish trend for about another decade or so, Shiba may be one of the best gainers. This chart is shared as an educational idea, pay attention to your investments and good luck!
Long
by crikz
5
SHIB/USD - Bullish Divergence! Time to pump approaching?😍SHIB’s price fell 15% yesterday during the market correction breaking the critical support at $0.000050, which now acts as resistance. Right now, the price is about to retest the strength of the support at $0.000044, which held well on November 4th when SHIB had a significant crash. Failure to defend this critical support can encourage bears to take SHIB much lower. RSI: The RSI on the 4-hour timeframe is making a bullish divergence with a higher low despite the fact that the price fell lower yesterday compared to November 10th. This reinforces the case that SHIB’s correction may come to an end unless the broad crypto market continues to fall. The bias on SHIB is neutral at this time. The price action also appears to have formed a larger descending triangle with the base sitting at the key support. A breakout from this triangle will flip the bias bullish or bearish depending on which way SHIB price decides to move next. It’s expected to see the price of SHIB just above the key support level at $0.000044. A break below this level appears unlikely at this time and would probably be triggered only by a significant market correction. So long this does not happen, SHIB has a good chance to break away from this formation and move higher in the future. Like and follow if you liked my idea!
Long
by DU09
1
SHIB getting close to the apex of the triangle! Here's a quick Look at SHIB 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart. Targets: 1. 0.0000562$ 2. 0.0000625$ 3. 0.000072$ 4. 0.000081$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- 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!
Long
by MBM_Crypto
8
SHIB is about to explode again!Hello, guys! I don’t like meme coins, but Shiba Inu has the perfect signal. The price formed the Elliott waves structure, the Wave 3 have been already finished, the Awesome oscillator’s highest value on Wave 3 top told this to us. 0.61 Fib retracement of Wave 3 have been already reached by the price, it means that the target zone for Wave 4 was also reached. Wave 5 is going to start with the new price growth. The target for Wave 5 is defined as 0.61 of the distance between Wave 1 beginning and Wave 3 top measured from Wave 4 bottom. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Long
by Skyrexio
2
#SHIB SHIBA INU 4H - BIG MOVE COMINGShiba Inu (SHIB) is touching the bottom part of a long term trendline and it seems that there may be another parabolic move coming. I charted out the past two parabolic moves for spikes and timing and it seems that between 20-25 days the price spikes. We could be seeing an 85-90% pump coming very soon. Keep an eye on the RSI and volume to help you exit your long position if you plan to trade this. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Long
by MillionaireEconomics
2