SHIB MAY RALLY ANOTHER 40% IF THE PRICE WILL DO A BREAKOUTSHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%.
But the prices and the bullish closings of recent daily candles are following a neutral or bearish sentiment by respecting the upper boundary and the resistance formed. If the price still manages to respect the upper boundary and the resistance as a sell zone, there we may see another bearish trend that can revisit back toward the support highlighted.
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SHIBUSD trade ideas
SHIBA INU - Is the price Ready To Skyrocket Again? 🚀Shiba Inu puts the turbo on and in the last few days, the famous meme coin has started to push again.
Shiba Inu has one of the largest communities in the world for this crypto and the price seems ready to go back up. The dynamic trendline acts as dynamic resistance and the price bounces above it to create new highs. As many would say, do we fasten our seat belts?
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Shiba Inu (SHIB), which was one of Wednesday’s biggest gainers, climbing by as much as 17%, fell by over 10% today.
Following a high of $0.00001295 in yesterday’s session, SHIB/USD dropped to an intraday low of $0.00001097 earlier today.
Thursday’s drop came as the meme coin was unable to cross a long-term resistance level at $0.00001300.
Despite the relatively large drop in price, the 14-day relative strength index (RSI) is still deeply overbought.
As of writing, the index is tracking at a level of 80.22, which is close to a ceiling at the 82.00 mark.
SHIB has somewhat rebounded from earlier declines and is currently trading at $0.00001114.
This is not a piece of financial advice.
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high and Low Shib HitI love shib .It takes patients to run with and determination to believe in it . due to the whole market running, January is a heart break hotel for a lot of new investors. shib has a great entry point around .00000823 . the profit point is around .00001222 and th break out is around .000013.
$SHIB having hard time @ neckline$SHIB having HARD TIME breaking NECKLINE
#SHIB buy volume comes in but not enough to break
Sell volume not as heavy but enough to cause drop
$DOGE looks good too
#DOGE likely have same issue @ neckline
BOTH
Long term ok
Great short term trade set ups
#crypto #Memecoins
SHIBA - Continuation LongI think the current consolidation will lead us to retesting the local highs and then higher. The overall market is semi-bullish. I have levels below mapped out in case I am wrong. Momentum is increasingly bullish on oscillators. We are currently sitting a high volume node where, Not financial advice, DYOR.
$SHIB monthly BULL FLAG needs to resolve FASTWhen #altcoins start to look good it's nice
BUT $BTC MUST lead
All times #altcoin led > lower prices for most part
$BTC looks eh & may get some pump here
$SHIB trying to bottom - Inverse Head & Shoulder
Weekly👀like #BULL flag
Monthly CONFIRMS! Needs resolve ASAP!
A lot of time and effort paid off in 2022. waiting for the lowBig bearish divergence is coming and to justify my reasoning is based on the percentage growth.
The market price does not reflect my idea. Its all about the trading percentage.
Traders are going to drop it for larger future gains.
After the low that is coming i am holding for awhile.
I am an overworked trader that needs some time off.
Can't give an accurate reading with all the manipulation that is happening.
My strategy is to wait.
Custom chart with trend manipulation estimates and possible pivot targets.
Don't trust indicators. When the low gets close its going to be a warzone for supply.