SHIBA Entry Point / Take Profit Entry point between $ 0.000025 / $ 0.00004 with upward trend extension up to first profit $ 0.00015 / $ 0.0002
SHIBUNI_E07C68.USD trade ideas
Shiba/USD Current Trend!Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
SHIBUSD 50sma ResistanceShiba Inu has failed to move above the 50sma after finding resistance at that level for the past week. Price risks falling back into the downtrend channel with a possible re-test of local lows near $0.00002826 which is roughly -18% from the current price of $0.00003560. Lower indicators are all showing bearish trend and momentum behind price in the short and intermediate-term. Should Bitcoin continue to show weakness, expect the rest of the altcoin market to follow suit.
SHIB/USD: 250%+ Potential Run!! SHIB is changing this trend slowly like a big ship in the ocean. Do you really have diamond hands? If the 50 and 100 day moving averages fail here, we can easily test the 200 day below at 0.000022 area! If this does happen, it should snap back very fast so do not panic. Maybe we'll see a cup and handle continuation pattern form over the next two months. I will be holding firmly SHIB, DOGE, and ELON. Watch for higher highs and higher lows, good luck and happy Spring 2022 lol.
(I still haven't caught on to the metaverse stuff yet, I'm still also watching OMG, NKN, XLM, LTC, ETH, BTC, AMP, ANKR)
Shiba Inu This setup is a test of psychology:
Instead of telling directly where the coin should move, but some traders will counter trade us,I will be updating my analysis somewhere else to be private so that they can't hunt our stoploss.
Short idea:
if you think that shiba is a shet and memecoin, you should short it here to the lower target of yellow arrow with a stop above 4000.
Long idea:
If you think that shiba is the coin that will replace dogecoin, you should buy here and put a stop below prev low, and have a target at the upper yellow arrow.
Shib is in the process of an upward breakoutYou can see the formation of a long term triangle
volume and volatility have decreased
there was a doji on the day before it then broke to the top of the triangle trend line
this is similar to other trends in the market right now
I like Shib over Doge because if the flippening does occur, Shib is seen as the ethereum Doge
SHIB/USD: Speculative Punches Capable of Violent ResultsSHIB/USD continues to deliver violent trading results for speculators who crave aggressive moves within the cryptocurrency world. Shiba Inu was trading at all-time highs in late October at nearly 0.00008800, but on the 20th of December the value of the cryptocurrency was approximately 0.00002850. This price is nearly a 68% decline in value.
The drop in value of SHIB/USD is extraordinary and for traders lucky enough to have been skeptical of the higher values of the cryptocurrency, this may have produced profitable selling positions. However, traders who were caught up in the fanfare of the positive result of October’s bullish climb, and bought in at the highs have likely suffered astonishing losses. Here’s the thing, SHIB/USD remains a pure speculative bet.
Traders who want to wager on the direction of SHIB/USD may be able to look at technical data and correlate it to broad market sentiment in the cryptocurrency world, but the results of Shiba Inu remain a sphere for speculators who understand the risks, all others should watch from afar. SHIB/USD is fractionally traded and the use of conservative leverage is appropriate because if a volatile move occurs, and it likely will, the results can be rather nervous when direction is not going in the intended manner.
Intriguingly, SHIB/USD is correlating to the major cryptocurrencies rather well. It could be said that Shiba Inu is a solid barometer of speculative sentiment within the cryptocurrencies. Having touched a low only one week ago, SHIB/USD has produced a solid gain upwards which may be making its buyers content. However, the current price value of SHIB/USD is now bouncing along important resistance levels and challenging values not seen since early December. Optimistic traders may see this as an opportunity to buy SHIB/USD and anticipate another leg up.
Speculators who are skeptical of the sudden upturn the past week and believe the results are a holiday bounce that will vanish could become sellers. Whether you are a buyer or a seller of SHIB/USD, risk management is essential, as this is a wager on broad cryptocurrency market sentiment in many regards. Choppy conditions may persist short term. If current resistance levels are broken higher, SHIB/USD could produce short term positive movement. Traders should to use entry orders to get appropriate price fills and use stop loss and take profit positions at all times if they are short term bettors.
Shiba Inu Coin Short-Term Outlook
Current Resistance: 0.00003875
Current Support: 0.00003770
High Target: 0.00003950
Low Target: 0.00003630
Shib to the moonSHIB to the moon. Jumping in early before a confirmation (not recommended) but with $BTC closing strong and should continue up, I like the R:R here. Still keeping a 5% SL but with 40% upside.
LEGO.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Long SHIBAUSD - On the road to $0.00014We assume we got our bottom around $0.00002795 between the 0.618 and 0.786 Fibonacci on our correction wave 2.
We then enter phase 3 of the Elliott cycle with a target of 1.618 to $0.00014.
Is Shiba to the moon possible? Let's give the Shiba time to confirm our impulse.
Entry Price: 0.00003715
Target Profit: 0.00014 (+280.6%)
Stop Loss: 0.000025 (-32.8%)
Risk / Ratio: 8.5
SHIB Breakout of Falling WedgeNice breakout of the falling wedge by SHIB. If you switch to the 15m chart you'll see a clearer picture of another bull flag formation at the breakout. A lot of consolidation opportunities for people to buy. I'm liking the prospects going into the New Year. Remember, only invest what you're comfortable losing. This is a high risk, high reward trade. Stay safe and hope everyone has had a good holiday.
SHIB triangleSup guys, i just noticed that we have a beautiful triangle on SHIB 1h chart.
well thats it
have a nice day :D
Textbook Cup and Handle~ Woof!The four hour candles are forming a cup and handle. This is a very bullish sign. I’ve been tracking the down trend, and Shib has found it’s bottom. December was great for Eth last year, and the cycle has repeated. I’m looking forward to February of 2022. Follow me. Prof_Void on Reddit at Shytoshi World.
SHIB/USDT - Potential 97% SetupHello Traders!
SHIB has completed its current cycle.
The price is in the accumulation range of $0.00003100 - $0.00004500.
It is possible to connect to purchases considering the local cycle of growth.
It is better to gain a position in two parts:
Near the level of $0.00003800 & $0.00003100.
Stop-loss shall be placed near the level of $0.00002600.
Fibonacci targets:
$0,0005850
$0,00006560
$0,00007580
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Bearish trend down to the support zone then strong bull!My bet on Shib is a bearish trend down into the strong Fib support zone (3600) with a bullish swing to and over 4000.
Please comment and follow if you like my idea! Thanks!
Hourly, 4 hour, and daily Shib Candles looking great.My prediction for the Dec 22nd or 23rd reversal was about 12 hours off. Looking at the Stoch RSI this is looking like bulls on parade. Keep breaking the resistance!
SHIB - Upward Momentum and ContinuationWe seem to be coming out of a bull flag with good volume, sustained momentum and demanding buyers. Fundamentally, I feel this could perform well in the long run. This is a good scalp opportunity. NFA, DYOR
The most abundant cryptosThe most abundant cryptos based on circulating supply:
SHIB = 549,063,278,876,302
HOT = 173,083,498,820
DOGE = 132,657,224,068
XRP = 47,535,964,473
AMP = 42,227,702,186
ADA = 33,457,320,908
CRO = 25,263,013,692
XLM = 24,725,421,849
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
SHIBA INU retracing before SHOOTING for previous high at 0.00088The token has cleared previous near equal highs at 0.00061313 before the bears took over so I expect the retracement to last until the range, 0.00055708 and 0.00050039 .
Don"t be FooledDon't be fooled by the recent pump still in a downtrend if down. If it breaks 0.000028 more downward movements to come. Always buy the low and hold.
SHIBUSD long viewBullish scenario:
• We need to continue this optimistic consolidation from which we expect the next bullish impulse.
• The first target and resistance can be at 0.00004485 from 03 December.
• Our next resistance is at 0.00005500 previous attempts to climb above the MA200 moving average.
Bearish scenario:
• We need a new negative consolidation and a price withdrawal below MA200.
• Break prices below us to the first potential support at 00003444. Additional support in that zone is our MA20 and MA50 moving average.
• We are looking for maximum pullback and support at 0.00002826 place in December lower low.
Shib BreakoutLook at the total supply. Look at the burns. The burns are not even close to 1% so they practically do nothing. Are they better than nothing? Absolutely.
But the circulating supply is going to remain extremely high for many many many many years to come.
You could convince me we can drop a zero in the short term... maybe another zero in 4 or 5 years.
It could potentially reach .01 in under 10 years if two things happen:
voluntary burns finally reach to 50% of supply.
Shib L2 is a huge success and the fees are so low that shib can be actually used as currency. Right now, it's a joke to pay gas fees to buy a cheap t-shirt or movie ticket.
Without those two things happening, we aren't going to see 1$ much less .01 cent.
Don't let this worry you though. Under the current trend since peak, we are looking to hit pre oct '21 prices somewhere in middle of Jan. This means it will be the price that shib clotheslined nearly all of 2021 before the peak.
That might sound like a bad thing but it's not. Shib has massively more reason to rise than it did the last time it was at this price. Because the last time, shib had nothing but hype. Now it DOES have L2 coming. The burns are higher despite not being enough. And more companies are accepting shib as payment.
So this would be your opportunity to buy buy buy....
Less likely but still currently a potential: next week shib prices will intersect with a level of support developed in Oct 21. We could potentially have a Christmas Miracle with a breakout. This would have shib escaping the downward pressure it has been inflicted with. This would see an immediate rise but also a limited opportunity to average down and pile up coin as you would have in the first scenario.
I'm fine with either outcome but I would like to see a Jan firesale.
SHIBThese are levels that I'll be keeping an eye on when dealing with SHIBUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
It always amazes me when certain news drops come around when price is at key levels. If price action happens to keep forming LHs & LLs I would like to see bearish momentum down to the $0.0--2800 - $0.0--3067 range, and bullish momentum after the 2nd dip & breakthrough diagonal resistance.
*Indecision
*Bullish impulse
*Flag formation
*Liquidity (potential) between $0.0--2800 - $0.0--3067
*Add the fundamentals in for some razzle dazzle 😁
Just my thought's and nothing more, nothing less. We shall see..
Get yourself a Shiba for ChristmasSHIBA in the middle of a 37% gainer. Still 22% left to gain by Christmas.
