SHIB has gone on a real tear to the upside. We have hit the first target and I have laid out the second. Hard to say how fast it will get there. Not financial advice, DYOR.
If you haven`t bought the dip on SHIB Shiba Inu: Now, at an RSI exceeding 96, it seems we are currently in a massive bubble. The previous corrections following an RSI surpassing 80 were significant, as you can see in the chart! Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00001400, corresponding to the 0.618 level!
SHIBUSDT technical analysis update SHIB price has been consolidating for 650 days. Once the price breaks its trend resistance line, we can expect a 100%-200% move. Regards Hexa
#SHIB The price has been moving in a very orderly manner since the beginning of the year. Inside a strong bearish channel, the price has always respected Trends. Recently the Moving Average 100 was broken. We are about to break the downtrend. Current price is 0.00000860. First goal: 0.00001160 Second goal 0.00001492 This represents 300% of the current...
Didn’t wait around at all to hit this target, no further TA for the follow up move yet I need to reasses the chart and find what it’s next macro pattern will be. *not financial advice*
📉Hi Traders, Investors and Speculators of Charts📈 From the technical indicator in the weekly timeframe, we can clearly see how the price behaves when it is above the green trendline - parabolic. This means that if SHIBA can continue to close daily candies and the weekly candle ABOVE this trendline, the next likely price action is parabolic increases. The...
SHIBA can move towards the specified targets on the chart by maintaining the green range. It seems to be in a range and is fluctuating. Closing a 4-hour candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop...
Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks...
If you haven`t sold the Bearish Pennant: Nor bought the dip on SHIB: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As...
Altcoins are speculative and have a inter-dependent reliance on BTC for direction. BTC is definitely acting bullish, and thus I feel that this long term bottoming pattern could be an accumulation zone if BTC holds, goes sideways or up. Not financial advice. DYOR
Shiba Inu Crypto: Testing Major Resistance Amid Falling Wedge Formation In the ever-evolving landscape of cryptocurrency, Shiba Inu has emerged as a notable player, captivating the attention of investors and enthusiasts alike. As the digital currency market witnesses fluctuations and trends, Shiba Inu finds itself at a crucial juncture, testing major resistance...
Shiba Inu has been trending downward lately, but the price action has stabilized into a sideways range over the past few days. Although I remain bearish overall, entering a short position requires confirmation. Specifically, I would need the price to break below the current support level, followed by a retest and failure to hold that level. Remember, this is...
Shiba Inu Crypto: Navigating the Current Market Landscape In the ever-evolving world of cryptocurrency, few tokens have captured the attention and imagination of investors quite like Shiba Inu. Launched as an experiment in decentralized community building, Shiba Inu quickly gained popularity, becoming one of the most talked-about cryptocurrencies in recent...
In my opinion SHIB is playing a WXY correction for 2nd wave . So SHIB if you hope to buy SHIB for the bull run best range to buy is 0.0000081-0.00000395. DYOR
I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article: We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement crypto...
Yellow line entry limit order - 0.00000934 Green line take profit - 0.00000921 Red line stop loss - 0.00000942 Wait for a day or two for trade resolution max or even overnight. DYOR, greettings
Yellow line entry limit order - 0.00000920 Green line take profit - 0.00000952 Red line stop loss - 0.00000887 Double bottom, wait for a day or two for trade resolution. DYOR, greettings
📉Hi Traders, Investors and Speculators of Charts📈 Shiba Inu (SHIB) was initially created as a joke, based on the popular Shiba meme. However, unlike prior meme coins such as Dogecoin, SHIB operates as an ERC-20 token on top of the Ethereum blockchain, which means that the Shiba Inu network has access to a range of decentralized applications (dApps). This is one...