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SHIBA INUSHIBA INUSHIBA INU
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SHIBA INU

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SHIBUSD trade ideas

Shiba Inu experiences massive decline.Shiba Inu price analysis revealed the market following a bearish trend as the market volatility decreases as the market closes, forcing the resistance and the support to move closer to each other; now, it is less prone to volatile change of either exchange. Consequently, the upper limit of the Bollinger’s band is present at $0.00002572, which acts as the strongest resistance for SHIB. Conversely, the lower limit of the Bollinger’s band is available at $0.00002328, which acts as the strongest support for SHIB. The SHIB price appears to be crossing under the Moving Average curve, making the market bearish. Moreover, the price seems to move downward, indicating a declining market. The price appears to move towards the support, which, if broken, could break the market, causing the whole dynamic to shift. We can expect a bullish movement in the near future. The Relative Strength Index score is 37, making SHIB fall in the undervalued region. However, the price follows a downward trend indicating a declining market and the dominance of selling activity, causing the RSI score to decrease significantly. Shiba Inu price analysis reveals the market following a solid bearish movement, showing further bullish possibilities as the market marches towards a breakout. The bears currently dominate the market and are likely to keep controlling. However, the market offers massive room for a reversal, leading to a bullish future.
COINBASE:SHIBUSD
by AxiomEx
SHIB - THE BATTLE FOR STATION 2744! What's Happening Next?Happy Thirsty Thursday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== SHIB poked its head above 2744 but failed to hold that level as support and the bears now have the upper hand as SHIB now trades below its 50D MA. Price going back above 2744 could create a higher possibility of SHIB heading for the Red Horizontal Bar above at 3300-3500. If SHIB continues to dip, 2350 must hold to maintain a local market structure integrity, else it's going to be down towards the Green Horizontal Support Bar. SHIB began to show a sign of a trend reversal when it printed a lower low on the 24th of Feb. SHIB bulls must defend that level for a trend continuation. MACD: Bullish Divergence has yet to be fulfilled. Stoch RSI: Huge Upside Potential Always remember to place your Stop Loss. Price action is KING! Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:SHIBUSD
by RSibayan
Shib- Higher low in place?After the recent low on 22 of January at 0.0000175, Shib has had a first leg up to 0.000035, followed by a correction just shy above 0.000020. Now the coin is trading at 0.000025 and the Pin Bar from 24 February can very well mark a higher low. Yesterday's candle is a bullish engulfing which reinforces a bullish outlook. If the recovery for the crypto market is a genuine one, Shib can rise and test 0.000040 resistance I'm bullish as long as 0.000020 is intact
COINBASE:SHIBUSDLong
by Mihai_Iacob
4
SHIB - BULL FLAG or BULL DUMP! What Are We Watching Now?Happy Hump Day, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== We're watching the Horizontal Triangle breakout, either to the upside or downside. The trend is now to the upside, so the probability of this triangle breaking to the upside should be higher. But never disregard the possibility of this going south either. This story could play out like this chart of BITCOIN back in its early years. So just be aware. Downside price action could bring SHIB back to 2400. So, if this triangle breaks to the upside where is SHIB going to? Look at the October 2021 Horizontal Triangle breakout. Should SHIB replicate this then we might see another moonshot! SHIB must stay above the EMA Ribbon. If SHIB breaks to the upside, this will be EPIC! SHIB 1Day Chart: Always remember to place your Stop Loss. Price action is KING! Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:SHIBUSD
by RSibayan
6
An observation on the 12-Hour SHIB Chart: Long Swing Trade*Extreme green candles are not recommended to open a trade on in a down-trend. Not all trades are successful. Do your own Due Diligence to maximize your success with this observation before making ANY trade. This is not financial advice; this is just an observation. Don't invest with currency you're not willing to lose* Crypto Currency: SHIBUSD Time Frame: 12-Hour Main Chart: 5 EMA, 13 EMA, 20 SMA Sub Charts: MACD, RSI 14 with 14 SMA line, Volume with 20-period average volume line Main Chart Musts: 13 EMA Must cross over the 20 SMA. 12-Hour Candle body and lower wick Must be completely above the 13 EMA. Must exit position on ANY close under the 5 EMA. Sub Chart Musts: MACD must be green. RSI must be relatively or recently over-sold near 30; or the RSI must be testing support on the mid-line (50), and the RSI must be above the RSI 14 SMA line. Volume must be relatively close to, or above, the 20-period average volume line. Optional: Bollinger Bands; 20 SMA with 2 standard deviations
COINBASE:SHIBUSDLong
by Juicy_Squash