Looks bullish for ShibFalling wedge on log scale breaking out as price teases losing a decimal point.
May need to back test or it might just rip, who knows.
Daily is above the 200 day EMA, and MACD and KST indicators are above zero and opening up in a bullish manner, indicating positive momentum.
Would like to see some real volume to confirm this trend change.
SHIBPERP trade ideas
SHIBA ready for more upside soonSHIBUSD may be ready for an impulsive move soon.
The price broke the downsloping resistance line and it should go higher now. Of course everything depends on Bitcoin but we think that SHIBA will surprise everyone very soon.
2 Targets are shown on the chart.
DCAing now seems to be reasonable at these levels.
Good luck
Beautifil!! LETS GOOOOShib Looks great. Steady healthy growth. Climbing then basing. I look for 00000900 range then back to 00000850 area. I do believe we will have major rejection off the 200MA (yellow line) as we have not been above it since april and in january. I think there will be a lot of profit taking at that level. We shall see. But the short term growth is a good start.
As we get closer to the launch of Shibarium I do think we will get a large price spike and then a big sell off so be careful. Buy the rumor sell the news.
This is not financial advice, For entertainment purposes only.
Trading Lesson 👨💻#1 - Never buy At the peak high.Not worth it I tell you.
Never buy at the peak high.
Always buy at the peak low.
When ever you see a peak in the day of trading and you had a major rise in price due to things such as rallies or market seasonal up trends, or 🐳 it's moving up and you don't want to miss it. However; you buy in on the rush up-word believing it's safe to assume things will be greater tomorrow, so you wait to see this awesome rally to the top to make it rich.
The day closes and the reopens, with a rise and then sudden fall in the crypto market - all that hype only to be disappointed when you notice somethings off; your funds are 💸floating away in mere moments. So naturally you panic believing that you are in a complete crash - and assume it's the fault of the stock you purchased, but more over it was the fault of the bad call - with bad timing, so you panic sell thinking it will only get worse, and in some cases it does get worse but in others cases that sell you just made would be a mistake in judgement as the price goes back up from where you sold leaving you behind with the lost funds to ponder over.
This is what I call "fools gold"
Never buy at the peak on after a closing day.
reason being you may on the next day after a rally up-word, you notice the price move up higher for like a moment prompting you to buy, thinking that the rally is still going, however; not realizing that was the last call before the fall.
So the best thing to do in these type of situations is to:
_______________________
Don't Buy In
Safer to study your target market before you buy and wait for the closing day, so that it can either adjust the price to where it really is vs where it currently is. if it drops wait till the closing day again until you feel you have the best price to turn a profit. Note - pay attention for market trends it could be going up which is good or falling down which is still good for you because you didn't lose any money, so best to study before you buy on a hype.
_______________________
Hold
Wait until the next closing day to see where it might lead - this will keep your shares you already purchased and if you need to add more funds to regain what you lost when the price is lower than expected, it will likely turn what was a lost to a gain when the price returns to where you originally purchased.
_______________________
Sell
The worse thing you can do is Sell unless you can catch the drop in price before it takes too much profit to recover from, you will likely try again losing more money and again, and again, and again - creating what is known as panic buying and selling, if you had deep pockets it might cause the market to completely drop based off the factor of you panic selling, no need to do so you have a day to find out where the market for your crypto is headed before you sell, so best to work fast or lose more funds wasting time.
Focus and don't risk what you are not willing to lose, and for your own sake if you are a panic seller, never day trade, you'll lose more money that way.
_______________________
Best Tools to use
Notice the market trends on the charts before you buy, was it going up throughout a one month process if so then it's a likelihood it's in a seasonal high, it's sometimes hard to tell if it's moving up or down just by looking at charts, so you will definitely need proper indicators to help identify your next move.
Indicators like:
Volume to price
or
trend activity
Not chart savvy, then find a predictor of your current crypto you purchased.
Look for people on places like trading view who have the tools and or knowledge to tell you the trading trends - note not all of them are accurate - not even some websites that offer predictions for your favorite stock or crypto are accurate either, they are usually 40% accurate 60% inaccurate and 99% bias.
That's just my opinion - however; they can not predict Rallies - Whaling activity - or - the entire stock market fallout/rise - anything can happen so be prepared it can take months if not years to recover or it could take a few weeks if you know what the future may bring.
But remember:
Don't try to buy in at the tip of a peak.
It's guaranteed to drop instantly the next trading day.
Hope this helps.
Happy trading.
CRYPTOCAP:BTC
BINANCE:BTCUSDT
BITSTAMP:BTCUSD
CRYPTOCAP:ETH
BINANCE:ETHUSDT
CRYPTOCAP:SHIB
BINANCE:SHIBUSDT
COINBASE:SHIBUSD
#CRYPTO
#ALTCOIN
#EVERYCOIN
#RALLIES-WE-LOVE-THEM
#HELP-WITH-A-RALLY
#NEED-WHALE-SUPPORT
#STOP-THE-DIP
Shib Prediction for August 2023This is a weekly chart of the possible path shib may take leading to the end of August 2023 after the recent rally. This is to help those that are wondering where it may go even on times of downturns so there won't be any worry or need to panic sell when it drops in price, note this is not 100% and can change depending on the situation. As Shib long as it has support it has a chance to go higher than what you see here.
If we can gain a rally then we can gain higher returns.
CRYPTOCAP:SHIB
COINBASE:SHIBUSD
BINANCE:SHIBUSDT
Double bottom or higher low I have no idea but this chart shows really well what the potential could be. The market price hit resistance and is currently about to correct. Markets are tricky and hard to predict. This is an example of what could happen using volume profile and S & R zone levels. Shib is preparing but will the volume rally again in 2024.
Shib inu 2023 closingShib inu expectation for 2023 closing - It's going up, due to the recent activity of Shib inu and the expectation for the coming month I forecast that it's going to be a bumpy ride but a well worth ride none the less, Started the 3rd of August and expected to rise to the 0.00001700 falling back down on 20th of September and declining all the way to October - Shib will have a open window for Highs, best set your sell off for those said points mentioned.
$SHIBUSD - SHIBA Wyckoff Accumulation*** THIS IS A MEME COIN, PROCEED WITH CAUTION***
With that said, it we can see a strong case of Wyckoff accumulation on Shiba. Still holding the lows for weeks now.
Now looking for signs of strength likely with in the next couple days/weeks
***Another Textbook Wyckoff Study case, We've seen multiple rencetly.***
*** THIS IS A MEME COIN, PROCEED WITH CAUTION***
PLEASE YOLO YOUR LIVE SAVINGS *at your own risk* - NOT FINANCIAL ADVICE
✴️ Shiba Inu Still Early, Full 700%+ (7X) Potential Revealed!Here is the long-term weekly chart for Shiba Inu (SHIBUSD)... Hit like/boost and let's start right away.
This chart is saying one thing clearly for the Shiba Inu fans, followers, lovers, developers and traders; It is still pretty early, growth potential is great.
This is the main message coming out of this chart.
Looking at the weekly timeframe we can see that it has been only a month since the new All-Time Low. After the bottom is in, a new trend starts that can and will lead to a new All-Time High.
Prices barely moving above EMA10, which again signifies that it is still early for this pair.
There is a nice 500%-700% potential in the medium-term, but long-term there can be much more, as a new All-Time High takes place. This is likely to happen mid-2024. Patience is key.
Feel free to leave a comment with your questions.
Share anything you like. Open!
Namaste.
Sheba’s NOT dead! Most of you have probably given up hope. Read my cloud value, EFI, and ADL. I don’t believe investors have given up. Shiba is a SMART MONEY coin. When the time is right, Shiba will recover when the BULL MARKET is back plus more. ADL proves Shiba will one day recover, ADL is moved by NEW YORK STOCK EXCHANGE. Shiba will move up to somewhere around the cloud price meeting up with ADL & EFI. Smart money are the large institution BANKERS pushing the price down creating contractions. This makes weak traders sell at a loss.
PLEASE be aware, Shiba may still keep dipping due to ADL increasing in value as NYSE keeps rising. Hope this cheers many of you up. Don’t sell for losses, don’t give in to smart money.
Shib Trend Down
Bearish
Strong Resistance at 0,0000124
Shib has tried to test the strong Resistance 3 Times and Failed
Failed Resistance Tests
16.Feb2022
30Oct.2023
07.Feb2023
The Bears and Strong Sellers took Full Control
latestly ON THE 7th Feb.2023
---------------------------------------> See B
If we look on the bigger Picture we discover some more interesting Details
and that the Failed Tests should only be a logical conclision in February
After the big Bullish ralley 2021 tHE BUYERS AND Big Institutions took Big Profits
at 0,0000681 where Aressive Sellers Have been Waiting To attack Shib down
See A1
At 0,0000278 The Sellers Took partial profits
The most Buyers took profits
The retail Traders Stops hit and swam them away out of the market
New Buy orders have been activated , the market found a temporary Support
A2 Now it´s time to accumulate. The sellers pushed more assets and liquidity to defend their positions
The buyers who have been in losing positions took losses, pr partial profits, whatever they started to sell the same way
On May5th 2022 Finallly the market broke down the Bearish Consolidation
and Pushed down the market
Current situation based on the technicals and fundamental datas Sellers are defending much more than ever before The failed Bullish test Area (B) and pushing down ©
The trend is currently bearosh at all TF.
My Strategy is Bearish.
Trend
Shiba Inu Showing Accumulation Signature at Basement LevelZone of support from history. Classic Bullish Divergence shown on the MACD with buyers attempting to defend the zone reflected by double bottom defending the zone. Entry now with stop loss slightly below zone of support. Target levels above, 30-70% potential upside.
✴️ Shiba Inu Major Bullish Explosion Based On TA! (190%+)This chart looks amazing and Shiba Inu (SHIBUSD) is in a great position right now... Don't believe it? Just watch!
Make sure to boost, like, comment and follow as we dive into this analysis.
Shiba Inu Goes Bullish
This huge black line on the chart represents a major downtrend that started February peak price, it has been going and going and is finally broken.
This is a 6 months long downtrend that finally came to an end.
There is no doubt, 100% clear/certain, as the downtrend is over a new uptrend comes up next. Uptrend = explosive growth!
The MACD bottomed November 2022 and hit a higher low June 2023, producing a major bullish divergence for this pair, SHIBUSD... See it for yourself:
You see, SHIBUSD hit a lower low in June while the MACD hit a higher low... This is a strong signal that always predicts a reversal, it is just how it works. If not now later, but the trend is about to change.
The potential for growth is also great, within this same wave, we can see 80% fast and up to 190%... You can find the targets and support levels on the chart.
Remember to boost and leave a comment if you want more updates.
Namaste.
Is Shiba Memu a Good Investment?Is Shiba Memu a Good Investment?
Five Reasons Investors Are Rushing To Get In Early
Presale cryptos can be as tempting as a litter of puppies, with investors being drawn to the cuteness and not thinking about everything involved in owning a dog — or in this case, investing in crypto. However, no presale crypto presale has generated as much early buzz as Shiba Memu, as the project plans to utilize fast growing technologies to deliver more than just cute coins. Shiba Memu actually includes some doggone good marketing solutions.
Before this article digs into the value of Shiba Memu, you might want to know the top five reasons Shiba Memu could be the best crypto dog to own in the coming years:
Shiba Memu will use cutting-edge AI technology to take the place of a marketing agency
Shiba Memu’s use case is exceptionally unique among meme coins
Shiba Memu has deflationary tokenomics
Meme coin mania has characterized 2023 and Shiba Memu is a far more powerful option than its competitors
Shiba Memu has unlimited upside potential it its presale event