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Shibusdsignals

SHIBA is having a 2017 XRP moment!Shiba Inu (SHIBUSD) is on a remarkable 2-week rally that has already hit the November 2021 levels. Such a strong move is the start of year long parabolic rallies and the one coin that Shiba seems to be replicating is XRPUSD. In fact it appears (on the 1W time-frame) that SHIB is copying XRP's 2014 - 2016 Bear and subsequent accumulation phases, which eventually led to the parabolic rally of 2017. As you can see XRP's start on this rally is very similar to Shiba Inu's today. Is SHIB having a 2017 XRP moment? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SHIBUSDLong
by TradingShot
7
SHIBUSD Major bullish break! Repeating 2021??Exactly 2 months ago we posted the following 'odd' idea after we found similarities between Shiba's (SHIBUSD) post-May 2022 price action with the May - September 2021 sequence: The fractals looked identical, the RSI sequences too and the 2021 price action fit well inside the 2022 one. Today Shiba broke above the Lower Highs trend-line that has been in effect since May 05 2022. The 1D RSI is extremely overbought but is on levels that compared to 2021 were after the break-out and closer to the Resistance test. It is reasonable to think that a 100% repeat of that fractal and sudden test of the 0.00003 Resistance in a few days is unrealistic to think without the fundamentals of October 2021 and since we are only at the start of the new Bull Cycle. So a more pragmatic approach would be to use the previous Lower Highs, which as you see match fairly well with the Fibonacci retracement levels from the April 12 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
5
SHIBA Next Resistance test may be the last. +400% opportunity!This is an update to the Shiba (SHIBUSDT) pattern I published for SHIBUSDT on February 07: As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone where it started a tight consolidation within the two Zones. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D LMACD sequences are identical. In our opinion, the next test of the consolidation's Resistance level , will most likely be the last as it appears that Shiba is at the ver last stage of the 2021 consolidation. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021 and right now the two trend-lines are as close together as they can be. So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !! Do you think it is worth waiting for a lower price and miss out on this potential rally? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
5