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Shiba Prints a Triangle, When Will It Break?Here on COINBASE:SHIBUSD we can see recent Price Action is outlining a Triangle Pattern having Pushed up through the Sept. Highs after the Pro-Crypto Trump Administration won the Presidency, and being rejected from May Highs! Price has been able to find Minor Support in the .000023 - .000022 area, but based on Tests 1 and 2 of the Falling Resistance showing Less Volume with each touch, Buyers seem to be losing their strength. Every Trendline needs at least 3 Tests to Validate their Strength and Probability of holding Price and we are currently waiting on that 3rd Test potentially in the .000027 area. -If the Falling Resistance is able to hold Price, we could see it decline to the nearest area of Structure being the Support from the Sept. Highs @ .000021 - .000020 -If the Falling Resistance is broken, Price creating a new Higher High must be followed by a significant amount of Volume Validating the Break otherwise it could be a False Break! The 200 EMA and DSR have printed a Golden Cross increasing the probability of Bullish moves to come! Indicators: - Price Trading Above 200 EMA - RSI Above 50 - BBTrend Printing Green Bars
COINBASE:SHIBUSDLong
by Novi_Fibonacci
SHIBUSD: Expecting a massive pump soon.Shiba Inu just turned bullish on its 1D technical outlook (RSI = 59.750, MACD = 0.000, ADX = 25.625) but practically remains ranged inside a Bull Flag. As long as the 1D MA200 supports though, the trend will be bullish, coming off the HL Zone and a 1D Golden Cross. The Golden Cross before that (December 1st 2023) led to a similar Bull Flag, which after testing and holding the 1D MA200, it broke upwards aggressively to a +575% rise. We expect a similar outcome (TP = 0.000073). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SHIBUSDLong
by InvestingScope
2
SHIBA INU PRICE CHART BREAKDOWNShiba Inu (SHIB) is lookin' REAL juicy on the 4W chart! Here's the lowdown: 💎 What’s Got Me Hyped About SHIB 💎 Check it—there’s a Doji Star pattern chillin’ on the 4-week chart. Doji Vibes: A Doji is that candle where the open and close prices are almost twins, showing the market's all confused. Usually pops up after a dip or during a pause—translation? This could mean a reversal’s on deck! 📊 Levels to Watch: Retest Alert: That 0.00004575 zone? It's looking primed for a retest—likely around March 2024. 🚀 (Yep, that 0.618 Fib level’s in play.) Bullish Goals: If SHIB keeps up the heat, we could be lookin’ at 0.00006030 (+203% 🔥) or even a shot at 0.00009000 (all-time highs!) 🐕💎 The Dog’s been snoozing since 2021, but I swear it’s about to go BONKERS! 💥 Breakout Watch: I’m still waiting for that BIG move on this token. Keep your eyes peeled for: Green Candle Confirmation: A fat green candle closing above the Doji high could lock in the reversal. Support Levels: Check how SHIB handles 0.00002018 - 0.00003185 for extra strength vibes. This Doji Star might just be the signal we’ve been waiting for to take SHIB to the NEXT LEVEL. Let’s get it
COINBASE:SHIBUSDLong
by MoNi_MoN
3
SHIBA still in the fightPositives- the signal for the bottom CM Williams Fix Vix indicator is flashing green, hypothesizing that the bottom is in or forming -price forming above the 21 EMA -RSI is healthy but not spectacular -CCI is positive but not high -price forming around 50% Fib Level Negatives -no bullish candle printed yet -still in downward parallel channel - no bullish activity yet on the SRSI Be very careful and keep an eye on the negatives check timeframes and wait for the candle to print.
COINBASE:SHIBUSD
by paper_Trader1775