SHIB ABOUT TO EPLODE !!!Rarely will you talk about technical analysis without mentioning Dow , Magee, Livermoore nor Wyckoff.
It is worthy to note that this analysis is based off one of these legends work - Wyckoff.
As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a perfect Wyckoff accumulation schematics with price approaching the LPS - Last Point of Support .
Interestingly , this zone confluences with the previous resistance turned support . Ideally , this level should be able to hold price , otherwise , SHIB will be making a new All Time Low !
Feel free to share your views
Are you new to Wyckoff method ?
SHIBUSDT
Shib: Entry based on Historical DataWith Price at ....0857, I'm looking at two price Target to make my Positions, First the .820 and next the 590.
First the .820 is the highest Wick of the Demand Block, and could hold Fine Positions in this area. And Because it jumped about 2% in that area, Potentially investors could have seen this as "the move "to the moon", made Entries and later get cleared. So positions are definitely being Held there
Next, the .590, If price Comes here, I'm basically taking an average of the whole Demand Block, Literally the 61.8 Fib of the Entire Origin Demand.
Manofxlife
SHIBUSDT 1D🔥 CAN GIVE 500%#SHIBUSDT 1D🔥
Greetings to all👋
▫️the chart showed a descending channel in which the asset is moving, in my opinion the price can test the lower limits of the channel and show a rebound.
▫️I showed the previous support for last year with a red rectangle, I think it's worth waiting and buying a little lower, against the background of a fall in BTC, the asset can test last year's support zone.
💬Good trading to all, do not forget about your risk management.
✅Do not forget to visit the channel there is a lot of useful information about trading.
SHIBUSDT in the bearish channelIt is located in a descending channel and is reacting to the bottom of the channel. If this range is maintained, we are likely to grow to the top of the channel, otherwise if the channel floor and the important support area are broken, we will have more fall.
A purchase offer is made if the price goes beyond the channel ceiling.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
what is your take on SHIBA INU?SHIBA INU and overall alt market is currently in a deep downtrend. If we look closely to this shiba chart, price have fallen to the toes of the market (so is it right time to buy?) well i dont know yet, nobody knows that anyways WE NEVER BUY WHEN PRICES ARE GOING DOWN EVERY SINGLE DAY! what we can do tho is to wait and let the market show the lead that could be (in this case) rejection to the levels marked on this chart plus ema's to cross above and macd to cross 0 (thats alot to ask for).
RIGHT NOW ONLY THING TO DO IS WAIT.
BTC/USDT : W : TA : 2022-06-03Bitcoin is in the range of 22278_33089. Static and dynamic support and resistance lines are marked in the chart.
Given the possibility of rising interest rates, I do not think further bitcoin reform is far from expected.
I hope my analysis is useful, thank you for your support.
⏳update
👸raiN
📅Friday, June 3, 2022
🤷♀DYOR
SHIB still earlyFinishing the third global corrective wave. If we take into account the time spent in A and B, then we can assume that the latter will be approximately the same in duration, then what the coin is drawing now can be confused with the culmination of sales and the accumulation stage, but I suggest you wait with purchases until the situation becomes obvious, we can go again lower than the current ones and it is better to look at it from the outside, since there are no entry points for long and short now
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 29, we had two options for the price and one of them was a rise and now you see that the price faced an increase in its trend. At this chart, we observe that the price had a falling trend and reached R3 area (which used to be a support area) and after some ups and downs, it had a severe decline and reached S1. Then had a rise and started fluctuating in R1 area. The R2 line represents our long-term resistance line and this yellow line is a 4-hour resistance line and shows the unsuccessful attempts of the price to rise over it. Again at this moment, we predict a neutral position for the price and in case it is supported, we will have its rise over R1 and then toward R2. But if it loses the support, it will face more decline toward S1.
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