Market dump killed Shib's breakout of the Apex yesterday. We had very good upside potential. Then the Market decided to drop as a whole. The orange verticle lines are bitcoin killzones (Bitcoin dumps). Fun times.
SHIBUSD trade ideas
Immediate Rally on ShibOversold Bounce off of lows. Looking to add at .0000084 target .0000319. Near Term Triangle Formation with Double Bottom Formation.
184 Million Shiba Inu Burnt In One TransactionShiba Inu Community Destroys 239.53 Million SHIB as 1Cent Token Contributed the most in the Burns in the Past 24 Hours.
Over 239.53 Million Shiba Inu (SHIB) and 801 Bone ShibaSwap (BONE) have been moved out of circulation forever by the Community in the past 24 hours. 1Cent token is recognized as the “Top Burner of the Day.”
The global crypto market is undergoing a difficult time as the crypto market plunges below the $1 trillion mark for the first time since January 2021. Shiba Inu supporters find this difficult time as an opportunity to throw away billion of Shiba Inu tokens from circulation forever at lower costs.
SHIB Community continues to burn millions of Shiba Inu (SHIB) per day, making the total supply scarcer over time.
According to the recent tweet from the SHIB Burn tracking platform, Shibaburn.com, Shiba Inu Community unites to incinerate a total of 239,535,584 (239.53M) SHIB through eleven separate transactions.
1.04 Billion Shiba Inu Burned in 7 Days, While Shib Loses 25% Over 131.34 Million Shiba Inu (SHIB) burnt within the Past 24 Hours and 1.04 Billion in the Past 7 Days. 1,055 Bone ShibaSwap (BONE) has also been destroyed by one of the Community-led Burning Projects.
Despite these positive developments, Shiba Inu was unable to retain its critical support level located at $0.00000908 on the 4-hours chart and dipped towards the $0.000008 level, showing a decrease of over 4% in the past 24 hours. Shiba Inu lost 25% of its value in the past 7 days, CoinMarketCap reports.
Data from the tracking platform Shibburn shows that over 1.04 billion Shiba Inu have been incinerated since Monday. 1CENT, one of the tokens dedicated to burning SHIB, has also moved out 1,055 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem from circulation forever.
prominent SHIB Burn contributors of the Week. Travis Johnson’s SHIB Super Store was able to organize two back-to-back “Weekly Burn Events”.
According to the tweet posted by Shibburn, an overall 1,046,842,187 (1.04B) Shiba Inu dog-themed tokens have been moved to unspendable wallets in the past 7 days in merely 101 transactions.
ShibaI want open a short position for buy with stop-loss and risk free, Not to mention that, Money management is first principle
Sweeping SHIB off the floorThis project makes me laugh.
My plan here is to sweep the SHIB off the floor between $0.0000065 & $0.0000087.
There's blood in the streets, it's up to my ankles
Blood in the streets, it's up to my knee
(Peace Frog)
socialparasite69 Gave me some RAD IdeasSo I took some of the tools @socialparasite69 was using because my oddly wired ADHD brain loved his rainbow....
I use Elliot Waves on the regular because I find them hard for me to understand (but how the hell do I figure it out if not for reading and using them)....
But I am trying to build a correlation between them and the Higher Higher Lower Low Stratagy, My Linear Regression lines I love to watch for movement out of channel, and Market Cipher A which is an awesome mix of EMA's that paint this friendly Rainbow.
Thanks to @socialparasite69 for sharing his ideas and the fact Market Cipher A and B Exsist!
I painted Shib up on my chart to show how im marking decisions on market movement.
Any ideas on tweaks are appreciated!
Consolidation almost over??Shib has been consolidating in the wedge for some time now. With all the good news that has recently come out over the past month, it is my strong humble opinion that we are going to see a nice move up.
SHIB SHIBA INU USD : SHIB BOTTOM IN NEXT MOVE UP, TARGET $.0003SHIB is primed and ready for its next leg up. The correction in my opinion is over and we are forming a pennant again, one of SHIBs favorite patterns. SHIB is also in a massive bull flag since the correction started. A measured move from the breakout of the bullflag would be .0003. This is not trading advice, just my opinion. Thank you.
what is your take on SHIBA INU?SHIBA INU and overall alt market is currently in a deep downtrend. If we look closely to this shiba chart, price have fallen to the toes of the market (so is it right time to buy?) well i dont know yet, nobody knows that anyways WE NEVER BUY WHEN PRICES ARE GOING DOWN EVERY SINGLE DAY! what we can do tho is to wait and let the market show the lead that could be (in this case) rejection to the levels marked on this chart plus ema's to cross above and macd to cross 0 (thats alot to ask for).
RIGHT NOW ONLY THING TO DO IS WAIT.
Target Levels - Strong Support on Shiba InuWait for a Breakout & PullBack.
Like and Comment will be hugely appreciated, thank you so much for your support.
See other ideas below too!
RISK DISCLAIMER:
Trading Futures ,Forex, CFDs, Stocks and Cryptocurrency involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
SHIBUSD | Wave Analysis Mapping - Primary Wave 2 Target RangePrice action and chart pattern trading
> Falling Channel pattern with target downtrend wave 5 within the range of 0650 - 1300 based on 1.236 - 1.618 wave 4 retracement
> Long Entry @ local downtrend line breakout
> Medium-term Target @ upper channel resistance near SMA200 zone / volume profile resistance zone
> Indicator: MACD crossover signal line below the base.
Always trade with affordable risk and respect your stoploss.
🎯SHIB THOUGHTS I GOT AN IDEA.🎯🤔🤷♂️🤪😜🤣🎯🔨🦴$SHIB.X
HEY FAM 😜🙏I JUST WANTED TO SHARE THIS CHART AGAIN .. I AM REALLY EXCITED TO SEE WHAT HAPPENS IN THE NEXT TWO DAYS (05/27/22. PLEASE PAY ATTENTION TO THE 4 CONSOLIDATION AREAS I HAVE CIRCLED IN RED. THOSE 4 PERIODS ARE AROUND 17 DAYS OF CONSOLIDATION AND THEN A MAJOR BREAKOUT FOLLOWS.. IF THAT IS THE CASE THEN WE COULD SEE SOME PARABOLIC MOVEMENT UPWARDS IN THE NEXT FEW DAYS.. I also noted that its interesting that LUNA happens to be possibly halted on coinbase on the 27th 🤔Which is around the same time I'm predicting a breakout for $SHIB.X
SO FAM. WHATS ABOUT TO HAPPEN.. NOT SURE BUT I AM THINKING IT COULD BE HUGE.. PLEASE BE PREPARED. IF IT DOES.. WISHING YOU ALL THE BEST AND AGAIN I AM NOT YOUR FINANCIAL ADVISOR.. THESE ARE MY IDEAS BASED ON MY STUDIES.. PERIOD🤷♂️⌛⏳🔨🦴📈🎯🤪😜🙏
SHIB remains stable at $0.00001159Strong resistance at $0.00001856.
The trading price of SHIB is $0.00001158.
Shiba Inu price analysis is bearish today
Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001136, from $0.00001194; on May 24, 2022, SHIB/USD lost further momentum and obtained a massive decreasing movement the following day.
Today, on May 25, 2022, the price has been experiencing a slight downtrend, causing the price of SHIB to remain under the $0.00001160 mark. Furthermore, the cryptocurrency shows downside risks and is following a downward trend. SHIB currently trades at $0.00001159 and has been down 1.05% in the last 24-hours with a trading volume of $308,021,054. SHIB currently ranks #16 with a live market cap of $6,364,372,984.
SHIBAYou can review this position and buy with stop-loss and Will take TP1-TP2-TP3
Just will be patient
If we come back to down with stop-loss come out from position
SHIBUSD Largest Support ClusterShiba is undergoing a bear market, with a recent low on this Weekly chart at 2.618
This 2.618 level is also where price on this ticker originated from
I have faith in the wick hitting 2.618 being a potential bottom based on the above statement
2.618 also aligning with the Gaussian Channel strengthens this assumption
SHIBA INU To $1Shiba Inu rejects MONTHLY DEMAND ZONE Expect a Bullish Market in the up months and weeks to come!!!! Its Now Or Never.
📈A POSSIBLE BREAKOUT FOR SHIBA INU📉
$SHIB.X
$BTC.X
$LUNA.X
Hey Fam.. 😉🙏⌛Just wanted to share a chart with you all. I just finished working on.. If you notice everywhere I have a red circle there is a pennant flag continution taking place in the circle which is easier to see on a smaller timeframe.. However the important fact to note is out of all 3 of those breakouts after a long continuation resulted to the upside with signifigant gains.(Percentage are in Blue)Please be prepared I believe we are on the 4th Continuation and should see a decent breakout possibly in the next week or so maybe sooner, 📈⌛📉🎯📊God Bless you all and your trading. Please note this is my Idea .. I am not your financial Advisor😦😬😉🤣🦞🎯📉⌛📈📊🙏
👀 There's no other direction for $Shib to Go!The Jurik on the 3D time frame shows me that there's no other direction for $Shib to go
but back upward. Shib is temporarily bottom out
The first target is ....000002386
Always remember don't FOMO, and take profits!
SHIBA WARNING:may fall further to 0.00000987 to 0.00000547 rangeSHIBA’s fall stalled at a totalluy blank space so I think the fall is not finished yet.
The only strong support is at the 0.00000987 to 0.00000547 green box, very near my 0.236 & 2.618
Fib levels.
If you measure the height of the wedge, it will point to 0.00000547, the base of June to Sept 2021
consolidation. This will mark the end of that big ABC correction.
Not trading advice.
SHIB/USD SHIB INTEL BIG NEWS Watch the headlines get in while it`s still low. Expect the unexpected val to 100.00 or maybe more get ready shib army.
