SHIBPERP trade ideas
$SHIBUSD Accumulating Fabled GreatnessYess... While I can't put a lot of stock into a meme coin, the value here and Risk VS Reward proves that COINBASE:SHIBUSD can be a powerful ally in wealth generation.
Recently COINBASE:SHIBUSD has been concentrating efforts into reducing its total supply which is equivalent to a penny stock with a short float. Supply has almost been cut in half from 1 Quadrillion coins to a little over half that.
This being the case, when COINBASE:SHIBUSD runs next its likely run will be between 3-4 times its previous run.
COINBASE:SHIBUSD is a 5Year plus hold and should be handled with great care.
On this chart we can see the liquidity created by Shib way at the bottom. I fully expect a return to this level once more before it takes off and never returns.
Returns on this shit coin can rival those of BTC or any of the best crypto rallies.
COINBASE:SHIBUSD has no practical use, but FOMO has yet to hit this coin. Once it does, you wont want top be left behind. a 1000$ investment now will give you about 42 million shares. Calculate that when it hits .01 .10 or even 1.0!?
Make your own decision.
Shiba Inu SHIB Update: Bulls vs. Bears - Which Will Prevail?There is a balance between bulls and bears in the daily chart of SHIBUSD.
A bullish move and a break-out of $0.00002611 will push price back to $0.00003147.
Above $0.00003147 is the next bullish rally zone rally zone.
A break-out of $0.00002155 will iwill push price lower to $0.00001910 and $0.00001619, the key daily support.
Remember that all cryptocurrencies rely on BitcoinEsteemed analysts and traders,
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First Analysis Shiba
Triangle Pattern formed & Breakout, Next Kill 2 to 3 zerosIn SHIB/USTD, Triangle Pattern formed and Breakout. I have attached 3 images, before Breakout the Triangle Pattern and during the Breakout Triangle Pattern. Now SHIB in retracement phase, after completing the retracement, SHIB will continue its Up Trend and reach the "Previous High". Then SHIB will likely remove 2 to 3 Zeros. I have been continuously following SHIB for the last 3 years.
(SHIB) shiba inu "where to next,..."Shiba Inu price appears to be unknown based on support and resistance over the life of trades for the cryptocurrency. Right now the price is literally in the middle of a wide channel with no past information to conclude where the price is headed. Is it going up? Or is it going down? ...
Shiba Inu Soars: Breakout or False Start? The SHIB/USD chart shows an interesting development with a potential breakout from a falling wedge and double bottom pattern. The price has broken above the resistance trendline near and could potentially reach the target of .00001260 based on technical analysis. However, remember that SHIB is a highly volatile asset with inherent risks. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential breakout and its implications? Remember, always do your own research and consult a financial advisor before making investment decisions.
$SHIB: About to Rocket All the Way to the Moon 🚀Hi everyone,
Hope you all had a great weekend. After SHIB broke above the monthly indicator, price skyrocketed to 0.00004575. Now, we're seeing a weekly crossing the monthly which indicates a strong acceleration in price to the upside. Current price target is $0.00003275 and second price target is $0.00004998. The daily is acting as support as this manifests. As always, not financial advice :)
Good luck everyone!
SHIB, THE LITTLE DOG THAT COULD AND PROBABLY WILLI still prefer dogecoin
HOWEVER, I think there is a chance to make money on a lot of things
SHIB is one of those for a lot of reason.
Technicals is the focus here so I'm not getting into fundamentals
Here is the chart
All rejection trends, no support trends, however they are all trading in the bullish direction
This chart has some sell targets (light red)
Buy targets (light green)
Rejection trends (red)
Remember, a breakout can go pretty high and overextend this chart. If I don't have a new one by that point covering the movement, please comment because I currently have a lot of open charts and keeping all of them updated is.. not the easiest thing in the world, so I definitely miss old charts at times. I have literally zero issue with anyone ever commenting asking for an update because I'm slacking, wrong or really anything.
I'm still bullish
This price is going up because something weird is happening behind the scenes.
IDK what, but I have guesses.
BUT.
Even at a bullish look, there is still a lot of chances to lose a lot of money so don't jump into a dumb trade just because. There is always time to be patient and time your buy even if you miss out of some potential profits.
Crypto moves fast and sometimes can really burn you on a high side buy.
GOOD LUCK!!