SHIBUSD trade ideas
SHIB - REBOUND! But Will Support Hold?Happy Fri-Yay, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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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.
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SHIB rebound from yesterday's dip and is now holding support at the Green Horizontal Bar.
So what's next?
SHIB is still not confident at this moment that it could escape the claws of the bears as it is still trading below its 50MA and the Red Descending Resistance Trend Line.
SHIB's next immediate upside destination if it can break all resistances, including the Blue Horizontal Resistance Bar, will be 3066.
Further upside price action could bring SHIB up to 3388.
Green Horizontal Support Bar must hold as support for upside price action, otherwise it's back down to 2070 - 2060, and eventually down to 1700.
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
15.43 Million SHIB Burned Meanwhile, the cryptocurrency markets continue to dive deeper in the red. In the last 24 hours, meme token Shiba Inu has lost approximately 12 percent, dropping to $0.0000231 by now.
In the past seven days, the Dogecoin rival SHIB has lost more than 23 percent of its market value.
At press-time, SHIB remains on spot 14 on the CoinMarketCap scale with the market capitalization of $12,613,387,270.
Shiba creating head and shoulders?There is a chance that shiba is creating head and shoulders, right know is left shoulder done, so we can meybe see in new candle movement up, that will create in few hours head and after that another shoulder but i expect this shoulder to ends in 0.000023 area
Trade on your own risk, good luck yall!
SHIB - NOW BATTLING ITS 50! What's Happening Next?Beautiful Wednesday Morning, 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 reached the Blue Horizontal Bar and found resistance along with its 50D MA.
So what's next?
SHIB could again retest that Blue Horizontal Bar and when it gets rejected could go sideways (consolidate for the time being) prior to another move.
SHIB breaking the Green Horizontal Support Bar could push price down toward 2060 to 2020. Final support level is at 1700 and going past that could trigger a landslide and possibly decimate SHIB.
However, if SHIB manages to break above the Blue Horizontal Resistance Bar, then the next structure to watch out for is the Red Descending Resistance Trend Line.
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
Update For SHIB/USDT Analysis 📈📉Hello crypto community and SHIBA INU fans , In this analysis I gonna talk about shibusdt in 4h time frame .
Price has pumped by more than 50% recently and tested the pivot range area and reacted .
it declined today and In this case I consider it as a correction right now , although it can go down even to retest support area .
but we are witnessing a cross for 20EMA and 50EMA which is a bullish signal to open long position as soon as price will start growing.
so we can consider both short and long position right now.
but for long position I'm personally waiting to close above pivot range and have a pulback.
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
SHIB BUYSLooking to buy shib from current low levels to ride to new all-time highs.
A lot of positive news about Shib & Microsoft have caused a lot of investors to prepare for any major announcement from the company to back the meme coin.
Im buying simply because my technicals line up at this level.
TP 1 - .000052
SHIBA,the line of logicthe line of logic,It's that simple that's the line of logic before the upload.
from top to bottom without touching the previous highs, which deduces that at 0.000028 it returns to another crash.This will be a constant until March, which I affirm that Shiba will return to his 5 zeros to create distrust and from there it will go up to 3 zeros. >>future 0.0001
Shiba Inu Update 2/21/2022Imbalance has been filled, .786 has been hit! .886 is the last level to reach and it is at excellent support area. Let's get ready for a great move ahead! I believe the USD Bank Holiday may let the .886 level to be reached, keep in mind .786 is a great level and has covered the imbalance and reached a previous support level, plus wayyyy oversold. Leave some comments, as usual more minds are better than one!
SHIB TO GO LONGBASED ON 4h TECHNICAL ANALYSIS, Shib has been in a ranging market, Price has been rejected over 3 times at the 0.00002782 line and Its either Shib goes rapidly long from this point or It dips further to the general trend line, tests it and finally shots long. One of the above will happen.
SHIB - CAUGHT IN A DESCENDING TRIANGLE! What's Happening Next?Happy TGI-Friday, 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 broke out of the Horizontal Triangle towards the downside and has, as of this writing, found support at the Blue Horizontal Support which was the level of support for SHIB a week ago.
So what's happening next?
SHIB could be ranging in this Horizontal Triangle for now, and as it does it could re-test the Green Trend Line of the triangle.
Breaking out of the triangle toward the upside could bring SHIB up towards the Red Horizontal Resistance Bar above at 4000.
Downside breakout will bring SHIB down towards 2550 and eventually to the Green Horiztonal Support Bar.
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