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Shibusd

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. Like and follow if you liked my idea!
by DU09
1
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!
FTX:SHIBUSDLong
by Philippe_0x
Monsieur? SIr? Señor? Sayın? Mate? Woof? 20K SHIB = $1?There is a mysterious fake dog that has appeared in cyptophere that recently made headline and should continue from all indication. This PoopCoin is called SHIB or Shiba Inu. A business-type copycat dog who stole the Rocket fuel from the Real Rocket play which is DOGe with the SpaceX named DOGE-1 mission. BS Mass media in the US is on Elon's care and the reason why I get my information from the original sources. Love anything Elon says and the world is generally too stupid to understand him If you hate Elon, have you IQ checked because I'm willing to bet that most of the hate comes from the types with inferiority complexes. You know, the bully in the playground that hates your guts because you're such a formidable trader somehow end up with all the precious marbles. Well SHIB is the business bully. He wants to complete with the cool dude that has the real rockets and not just hot air! BUT, never, ever underestimate people. Especially those who want a leader. They will either follow real leaders or follow well dressed and well spoken salemens in ties. Like all coins except Bitcoin and Ethereum, this is a shitcoin that is the most lucrative $HITcoin I have ever seen. Good luck trading it, do not follow me, I am not SHIBarmy although I truly admire how they march.... There's going to be a Krazy story for sure here I think... :) So 20K SHIBS for $1 USD. If you're suffering from inflation or hyperinflation, out a few legacy coins on this shinny new puppy. At best, think of it as a FOREX dog you can graph. I little volatile but if this thing hit a penny, it might become the world penny.... Don't apply classic math here people, we're entering a new financial reality that few of us are prepared for! $SHIBBUSD $SHIBUSDTrash $SHIBBRL $SHIBEUR $SHIBTRY $SHIBAUD $SHIBDOGE Note: this is a highly votalite trade, I will likely not post entries and close, please look at that other traders are doing. I'm more of a Bitcoin and Eth HODL and trader for safely.. This is just a very lucrative sport but the wipeouts are easy and they hurt. When everyone panics buy some when everyone is exhuberant sell half. Repeat.
Long
by UnknownUnicorn2413721
2