SHIBA range market and major support 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price is close to the major support ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIBUSDT
Shib 1D Where it's safe to buy and where to sellToday we have a SHIBUSDT price forecast since it was voted for in our recent BTCUSDT idea
And also because the SHIBUSD price has reached the liquid zone of $0.00002, which was written about in our previous idea
Today's analysis will be of two possible price movement predictions. For someone, they will be positive, for someone they will be negative, but we just write what we see:
1) More or less safe level to buy long is $0.000025 . Or from $0.00003, but after a consolidation above the trend line. In general, this is the white route.
But roughly speaking, anything above $0.00002 will be in a growth trend, which is trying to form.
2) If the price will consolidate lower than $0.00002 , we can fear with full seriousness another fall of Shibainu token price by -50%. After all, somewhere around $0.00001 is the top of a large liquid zone where SHIB bought last year before the growth.
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SHIB long ideaMust be patient with this. If bitcoin nukes down then im sure this will kick in. Stop back inside this resistance that it broke from. Looking for the retest of the downward resistance and/or the old horizontal price resistance.
Depending on where you take the swing low from, the fib retracement gives so good confluence here also.
Shib: Bullish impulse after 0...820 TapFrom my previous published Idea, I stated that ....820 would be my first entry and ...590 the next.
If Shib breaks and closes above it's previous Bearish Lower high, I'll simply wait for a retest to the newly Created Demand.
However, keeping in mind that this impulse might be Due to Fundamental occurrences, thus I'd keep the ...590 as a potential Valid re-entry, if Shib goes below ...730
SHIBUSDT Falling Wedge forming a Bottom*** ***
For this particular analysis on SHIBA we are using the SHIBUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where Shiba has been trading within a Falling Wedge pattern since the December 24 2021 High. The price has been trading near the pattern's Lower Lows trend-line since the May 12 Lower Low, being unable to stage a sustainable rebound. The longer it trades near that level, the more likely it is to attract buyers and form a bottom.
The immediate target is always the 1D MA50 (blue trend-line) and a closing above it takes us to the medium-term 1D MA100 (green trend-line). Only a break above the 1D MA200 (orange trend-line) can justify further buying, in which case we'll have a long-term bullish reversal into a new Bull Cycle.
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(SHIBA INU Update )-SHIB/USDT Update 📈📉HEY ,SUP GUYS and Girls !
Welcome to my new analysis today ,
Since November 29 Apr 2022 , that I updated Shiba Inu , it has been declining till now , actually in previous analysis , I told you guys It should maintain the pivot zone if it want to rise , also I emphasized that shiba will more likely correct upon the lower support zone , but to be honest I didn't expect as much as this current crash !
So today , as you can see in weekly timeframe shib/usdt , as a Meme coin it has lost more than 90% of its worth from ATH in a bearish movement so far , but we shouldn't expect a sharp impulse upward move as a correction right now , because the crypto market and Meme coins needs time to recover and consolidate for a while! so it can fall little bit more upon the lower support level , but in order to have a new bullish movement first of all should maintant this current support zone and breakout the descending trendline , the bulls can raise the price to the first resistance zone and so on !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
SHIBUSDT 1D🔥 300%SHIB chart update.
After the last signal, SHIB fell by about 15-20%, I spoke about this in the very forecast that such a development of events could happen!
At the moment, the asset can test the lower border of the descending channel of $0.00000580, after which I think SHIB will retest to the middle of the channel, which is about 115% of the global support level. For now, I will take a position in SHORT 2% of the deposit.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
🚀SHIB: is such global scenario possible for this doge?SHIB fall for 92% from it`s highs. Beginners lost almost all their money but got the experience to not trade without trading strategy. In this idea i`ll explain my point of view on SHIB.
📊Recently, i made an idea about SHIB where marked resistance areas for the price. After the local growth price almost test it and after the false breakout of the trendline fell by -31-35%. Check the idea to read the preconditions and get more experience in trading!
💹Why i marked thess 2 value areas:
1️⃣ 0,2057-2970 is the big accumulation area of retail traders. They become the FUEL for such massive dump. Everyone who use even the x1 leverage are liquidated already.
2️⃣ 0,680-860 is the biggest value area where the whales accumulate SHIB before. Now it become the HUGE support area for the price.
Addtionally, if u want to get more info about alts read this idea about the BTC.D and altseason. As you know they have huge correlation.
At the volume indicator you can see some interesting thing. Despite the price dump the volumes are not growing. We can mention it at all cryptocurrencies. And it`s a strange things because we have to see the large volumes when the price falling.
What this can mean:
1️⃣ a lot of traders are already sell their SHIB
2️⃣ the price haven`t reach the bottom yet
🏁So don`t miss the volume growth and upcoming ideas!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
SHIBUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
According to our previous analysis on May 31, we expected a falling trend for the price and now we have our expectation come true and all our targets are hit. In the current chart, our R2 and R1 areas express the resistance areas in which the price was unable to rise. S2 refers to our support area which includes the well support of the price since the past. The purple line called S1 is our support line in the 4-hour time frame and represents the support of the price at some points. At the present, the price is fluctuating in S2 area and above S1 and we expect it to have a rise to R1 and then fall toward S1. Even it is possible for it to rise higher to R2. Also it may happen that the price loses the support at the current point and starts a decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Shiba Photo is clear. It seems the price cannot go high but if it happens, it might be a trap. Lots people were looking for a good investment that's why they've chosen crypto. When you see unusual amount of money are coming into a market, you must be very carful about that. Anyway, A good trader always have extra plan because nothing is impossible. Never trade based on my idea.