SHIB - Daily Chart ✅SHIB is consolidating in a sideways channel.
There are two resistance levels on the way up, pushing down on price.
And also, two support areas are holding the price up.
The market is showing Buy Volumes for SHIB right now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005394
Let me know your ideas.
Good luck.
Shibusd
SHIBUSD - PULLBACK TO BOTTOM OF CHANNEL BEFORE DUMPSHIB looks like it wants to move up before nice move down.
I would anticipate a pullback to the bottom of the channel which will act as resistance and cause a nice move to the downside. the pullback to the bottom of the channel will be around SHIB's ATH.
not trading advice.
have patience and stay safe
tg
SHIB is in new trend lineHello To All (Traders & Investors)
attempting to break the descending channel create a new trend line (ascending channel)
volume is good, we hear good news every day about SHIBA
i think shiba is very close to new explosion until the end of the month
THERE IS NO CERTAINLY IN TRADING,ONLY PROBABILITIES
TRADE SAFE
SHIB/USD - The Calm before the Storm! 🤩SHIB is due to pump soon. This compression of the price is bullish and the longer we stay with such low volatility the higher the change SHIB will explode at some point.
For the now bias is bullish and I'd expect a nice pump higher. However, we need to break above $0.000055 to get confirmation on that.
The fact that price escaped from the descending triangle in blue is bullish and that gives credence to a possible uptrend in the future.
Bitcoin is also looking sexy today, so the market may be getting ready for another rally later this month.
Get ready!
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Shiba Inu(SHIB) Ready to wake up! Technical analysis Hello. Shiba Inu(SHIB) has been sleeping over the past few days, but the next wave of SHIB enthusiasm may be coming... or not. In my technical analysis we will look at SHIB and where it may be going.
SHIB is a meme coin which went up tremendously last October. This November however, SHIB kept making lower highs as the price consolidated and the hype died down. However, the hype may come back to Shiba Inu very soon.
What makes this coin ready to have a third wave? Here are my reasons:
1. lots of bull participation on the price pointed by green arrows. Notice how they jump up to the orange dashed line.
2. Prior consolidation
3. RSI sitting at 50, RSI roaming around 50 levels is what I like to find for possible future rallying cryptos
4. SHIB is still in an uptrend in the daily chart. This is true until the green dashed line is broken with a big bearish candle and heavy volume.
My criteria to consider this an 'awake' coin:
1. previous high (.000058) broken, marked by a cyan line.
2. Orange dashed line broken with good volume
3. RSI breaks its own pattern
If the above criteria is fulfilled we may see SHIB rally to the 0.618 fib or 0.00007 levels. But first, we may see a move to the green dashed line before the rally.
Thank you for reading! Give feedback in the comments!
SHIBUSDT | The best scenario for climbing🏹Hello traders, Shiba in daily timeframe , In this currency, the main wave 1 and 2 have been formed and now the microwave, wave 3 is being formed.
We think that wave 1 of these microwaves is over and now we are inside wave 2.
According to our study, wave 2 will be zigzagged.
And from this zigzag wave a is being formed and from this wave a waves 1, 2 and 3 are completed and wave 4 is being formed, the fourth wave of probability is formed as a triangle and then the end of the triangle structure of wave five near the end of the wave 3 ends and then correction for wave b will eventually reach a fibo of 0.618 and if this fibo is broken, the correction structure that we specified in the image will change.
And after the end of wave b, wave c decreases as much as wave a.
🙏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!❤️
Shiba Inu (SHIB) - November 15Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(SHIBUSDT 1D Chart)
Over the 2613 Satoshi-2863 Satoshi section: Expected to continue upward trend (medium to long-term perspective)
It is necessary to check whether there is movement out of the 5000 satoshi-5700 satoshi section due to the volatility around November 17 (around November 16-18).
If it falls from the 5000 satoshi point, it could fall near the 3528 satoshi point, so you need to trade cautiously.
If the price is maintained in the 5700 satoshi-6532 satoshi range, it is expected to continue the upward trend. (Short-term perspective)
In the CCI-RC indicator, if the CCI line falls below the +100 point, it may send a long sideways section or a sharp decline.
Therefore, it is important that the CCI line does not fall below the +100 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** 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 the sake of 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 yet been released.
(Since it is not publicly available, 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 the 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.)
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SHIB - Daily Chart ✅SHIB is consolidating in a sideways channel.
There are two resistance levels on the way up, pushing down on price.
And also, two support areas are holding the price up.
The market is showing Buy Volumes for SHIB right now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00005285
Let me know your ideas.
Good luck.
💡Don't miss the great buy opportunity in SHIBUSD💡Hello to all dear ones
Guys, I have been waiting for the upward movement of SHIBUSD digital currency for a long time, and finally today has arrived, and I think we should expect a very good growth in these price areas in the coming days, be sure to monitor its behavior. I charted the minimum growth I expected for the currency in the near future
🙏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!❤️
SHIB/USD - 20% pump pushed back by resistance! 🙄SHIB bulls managed to push the price all the way to the resistance at $0.000055 after breaking away from the blue triangle. At one point, the price was up about 20% from the daily low.
If the bulls manage to turn the top of this descending triangle into support at around $0.000050, they have a good chance to break above the current resistance. If not, the bears may take over again.
Note that this latest rejection at resistance can be interpreted as another lower low on the chart. The bulls really need to push higher if the trend is to change. Therefore, any celebrations might be premature.
The bias on SHIB has turned bullish with this breakout. However, to maintain this bias, SHIB price must not fall under $0.000050.
SHIB looks like it has a good chance to return to the uptrend. This latest move has turned the bias to bullish, and if the price manages to hold at the $0.000050 support, then it has a real chance to turn the indicators on larger timeframes like daily bullish again. Until SHIB breaks the current resistance at $0.000055, it’s expected to see the price bounce between these two levels as the bulls and bears fight for dominance.
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SHIBA - on the way to leave DOGE in the dustFirst of all, analysis is made on 1D chart but 12h has more details so I chose it for publishing.
As you can see SHIBA is in triangle formation (I would even say pennant pattern because it's trend continuation pattern and I expect further upside price movement here).
Last few days SHIBA has created higher low and approaching resistance trend line.
Also you can notice hidden bullish divergence on RSI (it is visible on D chart) which confirms potential breakout.
Volume is also decreasing, and if we see breakout and volume spike I would look for triangle target of 10500 sats.
If SHIBA smashes true 10500 sats, my next target is 1.618 fib. extension which is aprox. at 18700 sats (240%).
If breakout ocure, last resistance that I in my opinion can slow down SHIBA a little bit is Anchored VWAP level (blue line on chart currently around 6300 sats.
Good luck to all!
SHIB is in new trendlineHello to all (traders & investors)
SHIB is in new trend line (ascending channel)
Volume : increasing
RSI : in ascending channel & balanced (we got a little divergence too)
Wave is more like ‘bullish engulfing pattern’ with little difference
There is no certainly in trading ,only probabilities
TRADE SAFE