SHIBCORGIAI_32EEB4.USD trade ideas
SHIB USD - SHIB DEFYING the crowd FED Watch 2 - 22I love this coin just because of the idea that it represents the base value of belief. If it breaks away from the pack i think it will act as a catalyst. Watching closely
The Range Pay Monday will be a defining day in are short crypto history, yet it will define the next 6 months of trading. Make clear and educated moves and we will all enjoy the outcomes
remember have fun and don't stress!
SHIB look ready - Gone long from DALGO BUY signalSecond attempt for shib, he broke this decending resistance, will see how for he get now. FOLLOWING DALGO SIGNAL to get out
Super Bowl Bull Flag Breakout Coming for SHIB?A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future.
As a bonus, zoom the chart out for our mid term target zone!
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SHIBA - TREND UPDATEHello trading friends,
This is a trend update for Shiba.
As the charts show Shiba is a very risky coin and more when users trade futures. we have seen before a breakout - and also on last trends on BTC Shiba did breakdown - make sure you have always good SL in case of trend return.
As you can see in the chart the green box, it's possible that Shiba can go there, as activating the new box area but this is not a guarantee. we should check or Shiba will find support by the box where it is now - if support gets confirmed by re-test- then we can see Shiba increasing further.
This update is a trend update and gives no signal to sell or to buy this token.
Have a great day.
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SHIB ready to wave bye to 3000sNot a financial advisor.
Been a while since the last Shib post - happy to finally change that.
SHIB appears ready to start some EW up & to the next leg in the 4000s
Its like theres a chance at a Super Bowl ad ;)
Next Fib level is 4400 big volume sends this further - has to be a lot.
Getting a MACD cross on 4 hour
TSI cross 4 hour - signaling big movement.
RSI Curling up
Looks to be the last time we see 3000s imo
Reversal on the candles holding well on MAs
SHIB Falling wedgeSHIB had a falling wedge consolidation pattern. I expect this will conclude somewhere just below the 21D EMA (RED) before Monday AM. Neutral analysis due to "Dip - then - Rip" bear to bullish pattern.
We have a small level of support but ...It doesn't look like volume is high enough to bounce the price significantly. Bitcoin needs it have a good day for it to happen.
If the price does bounce, it could be temporary because of that ever ominous resistance trend since the ATH. Volume is needed to get past that red line.
My lines don't lie.Look at that shit. My line perfect. Follow it and you can know when to sell your swing trades.
SHIB WEEKEND TARGET ZONEBasically FIB retrace to 050 - 236 range. But some higher probability with corroboration between 2775 and 2500.
Shiba pennantMight break down like before. Two previous triangle patterns broke down before. RSI trending down from oversold. I expect a squeeze with very tight candles first.
Bullish pennant Continuation flag. 4 hour chartAfter Shiba Inu's massive 60% pump, following in bitcoin's bullish footsteps... We are now forming a bullish pennant on the 4-hour chart.
The chances of another break out to the upside are relatively high.
I'm pretty bullish on this, considering the MACD is showing weak bearish momentum and near convergence.
We are also above all important moving averages. the 25, 50, and 100 day EMA. As a side note.
Our next target should be around the 0.00004 level.
Shib to the moon!
SHIBAUSD Possible Long If???Shiba has recently had a large run up, which I consider healthy after such a long downtrend. I would start considering a change of trend when the price crosses the current resistance (32.65) (Hopefully on a good volume), considering that the chart is also resembling a bullish triangle with decreasing volume. In my opinion, SHIB will still correct a bit up to touching the 9 MA, around the 38.2% level of the Fibonacci. After that, if Shiba breaks 32.65, buying pressure could probably push the coin higher.
Note, all this analysis is useless if SHIB reverses under the 9 MA on high volume as this could be a fakeout for funds to try and liquidate some of their long positions.
NOT FINANCIAL ADVICE!
SHIB showing possible shorts.Well, I sold some earlier and glad I did, I see this getting messy here with an overbought daily. ALL these markets are doing strange things, and this is pure speculation but definitely a possibility to see by the weekend.
No overnight breakout.As predicted, the price bounced down.
Let's see if the consolidation sparks some bull buys this morning.
Shiba Inu Price Prediction: Sideways between 2944 and 3532How did Shiba Inu price perform yesterday?
The dogecoin killer consolidated within Elliott Wave 4, following a bounce off the 38.2% Fibonacci retracement target of the corrective wave at 0.00002944.
TA wise, what can we expect from SHIB today?
The Shiba Inu price is likely to continue the sideways move between the tested support at 0.00002944 and 0.00003532, the Elliott wave 5 validation level. The preference is for an upward resolution towards 0.00003989/ 0.00004071.
Alternative, a daily close below 0.00002944 is likely to lead to a deeper pause to the 50% retracement support at 0.00002775.
FA wise, what can drive the price to the anticipated targets?
An anticipated upward drive towards the target at 0.00003989/ 0.00004071 could be driven by a successful take up of Shiba Lands, a new initiative by Shiba Inu developers to enter the metaverse and claim market share against rivals Axie Infinity, Sandbox and Decentraland.
Shiba EWThey everyone... it looks like Shiba is finishing up a correction before heading for fresh lows.
trade safe,
Devin
Overnight retraction in price expectedIf this follows the same pattern of bouncing down off the trend resistance, we will see an overnight drop. Great for a morning USA bullrun.
Bulls currently being held back by the downard pressure. The bulls are currently held back by the downward pressure from the ATH. The problem is that there isn't a very solid floor between this price and the ATH. Large upward movements like this are not desirable as the lack of support will almost certainly be answered by massive consolidation. Currently, so many people are looking to exit their positions that any upward movement in price is going to be incredibly difficult from here out. If L2 actually happens, the potential is that this lack of support will no longer matter. If L2 delays into the end of 2022 then this could be a rough ride for everyone as we return to early 2021 prices. If this happens, I will change my position from long to short as nothing will convince me this wasn't a rug-pull.
