SHIB showing some signs of bullishnessI scalped SHIB earlier today but never posted, I am reloading and hoping for a bullflag continuation. NFA, DYOR . Stay Blessed :)
SHIBWETH_5764A6.USD trade ideas
50% Pump Or Dump?!?When looking at Shiba, we can see that is it currently trading above a key support zone. If we manage to stay above this zone we can expect a nice 50% gain to the next resistance zone in the next few weeks. If it fails I also mapped the next support zone, which is also around a 50% drop. Where do you think it's heading and why?
Love it or hate it, hit that thumbs up and share your thoughts below!
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
SHIBA watchafter testing the level of resistance . the price bounces back from it with a red candle . best move to do now is to wait and see what the price will do . if it brock that strong level it might knows a massive move upwards
Shiba Inu/ USDButterfly Pattern Formation on Shiba Inu:
It starts with a bullish XA move. AB is then Bullish. BC is bearish, and CD is Bullish again.
XA: This can be any price activity on the chart. There is no specific price movement in Butterfly pattern.
AB: The AB move should be 78.6 % Fibonacci of XA.
BC: The BC move should finish between 38.2% and 88.6% Fibonacci of AB.
CD: The CD move will be the final part of the pattern and often extends forming 127%, 161.8% or 224% of AB extension.
The target price of the pattern can be 3 intermediate targets before the final target which are:
Target 1: point B swing.
Target 2: Point X swing.
Target 3: 161.8% of AB.
Target 4: 224% of AB.
Falling Wedge (Contracting or Symmetrical Triangle): When the top resistance is declining and bottom support is raising a contracting or symmetrical triangle is formed. In case of Shiba Inu we are waiting for the breakout of the current pattern.
Disclaimer: “The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment”.
If you like my TA & ideas!! Want to keep yourself updated with current market action,Please follow my profile for more analysis.
Thank You.
Same thing different dayShib continue to follow the long term downward trend. The recent spike is part of the regular bouncing that shib goes through before settling back down into the previous trend.
Could Shiba Inu Help You Retire Early?Shiba Inu could help make an early retirement possible. Shiba Inu has the potential to deliver huge gains in the future.
There's an easy answer to that question: if Shiba Inu can Help You Retire Early? Of course, it could. You don't even have to get overly creative to envision how Shiba Inu could make investors enough money to at least play a key role in facilitating an early retirement.
Let's assume that the token can regain its high set on Oct. 28, 2021. That would translate to a gain of nearly 300%. A significant initial investment with that kind of return would help quite a bit in amassing enough money to retire early.
There's a good case to be made that Shiba Inu isn't nearly as risky now as it was a year ago. The token is gaining wider adoption. For example, movie theater chain AMC Entertainment now allows online payments to be made with Shiba Inu. Many more investors are now familiar with Shiba Inu, giving it an advantage over lesser-known cryptocurrencies. However, this lower level of risk also reduces the likelihood that Shiba Inu will deliver ginormous returns in the future.
SHIBUSDAccording to the Kendall pattern formed and the base formed by the price, we will expect the price to increase inside the channel, we just need to break the triangle and get the arrival signal.
SHIB TO 160% GAIN FOR MEDIUM PERIOD - Keep Watching
SHIB TO 160% GAIN FOR MEDIUM PERIOD - Keep Watching
Buying Zone: $0.00001700 TO 0.00001550
TP1 : $0.00003000 -> more than 60%
TP2 : $0.00003550 -> more than 100%
TP3 : $0.00004500 -> more than 160%
Rebuying at next updates
The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching
1900 Million Shiba InuA few hours later, one more transfer carrying 8,946,544 SHIB took place, making up a comprised 189.7 million canine coins burnt by the SHIB army.
Related
SHIB Returns to Top 10 List of Cryptos Whales Are Hungry For: Details
SHIB may start trading on this Middle East exchange
As reported by U.Today previously, Rain crypto exchange located in the Middle East is considering whether it should list the meme cryptocurrency.
In the meantime, the second biggest canine crypto, ranked 14 by CoinMarketCap, has shown a five-percent rise today, printing a big green candle on an hourly chart.
189.7 million SHIB incinerated
The team behind the @shibburn account has shared that within the last twenty-four hours, the SHIB community has conducted seven transactions, moving a total of 189.7 million tokens to various unspendable addresses.
The largest amount of meme tokens transferred within the aforementioned period of time was 176,035,016 Shiba Inu.
SHIB GREEN WAY Trend trading is a simple forex strategy used by many traders of all experience levels.
600.7 Million SHIB BurnedOver half a billion Shiba Inu meme coins have been sent to dead-end wallets over the past 24 hours, according to the @shibburn service that tracks Shiba Inu burn transactions on Etherscan.
SHIB army keeps removing tokens
The website of the Shibburn service shows that since yesterday morning, a whopping 600,729,245 canine coins have been sent to several "inferno" crypto addresses, from where no one can spend or withdraw them. It took the participants five transactions to achieve that.
The largest single transfer on that list carried 595,232,837 SHIB.
Next Shiba InuLast year, Shiba Inu ( SHIB -1.71% ) became an sensation in the crypto community. The meme token went viral in early October after Tesla Chief Executive Officer Elon Musk tweeted a picture of Floki, his adorable Shiba Inu puppy. In doing so, Musk inadvertently helped send the token's price soaring. In fact, despite falling sharply from its late-October high, Shiba Inu still generated a return of over 42,000,000% in 2021.
However, the meme token is now down 75% from its peak, so many investors are hunting for the next Shiba Inu. Unfortunately, very few (if any) assets produce such extraordinary returns in a century, let alone a single year. But there are still plenty of compelling investment ideas in the crypto market. For instance, the Internet Computer ( ICP -0.66% ) is a blockchain project that seeks to decentralize the internet and disrupt the cloud computing industry. And with the ICP coin down 98% from its high, this crypto could generate tremendous wealth over the next 20 years.
SHIB - WICK DOWN TO 1990-1860! What's To Be Expected?Happy Thirsty Thursday, Traders!
Hope you find value from this post.
If you did, pleases give this post a like and do consider following. Thanks.
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 bulls lost station 2344 as bears continue to sell and SHIB continues to trade below the 50D MA.
What's next?
SHIB breaking key level at 2151 could bring price back down towards the Green Horizontal Support Bar.
Expected price targets: 1990 down to 1860
SHIB breaking 2400 will mean breaking local market structure and could begin a reversal.
If SHIB manages to do this then the 50D MA above is the expected target.
Further push upwards could bring SHIB towards the Blue Horizontal Resistance Bar 2744 up to 2820
MACD (4Hr TF): Bullish Divergence .
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
2 Big Reasons to Sell Shiba Inu and 1 Reason to BuyThe math suggests Shiba Inu's best returns have already happened, but there is still one potential reason to own it.
Controversial cryptocurrency Shiba Inu ( SHIB 1.39% ) has declined 35% so far this year, which is a continuation of a much steeper 76% decline that kicked off in October 2021. The broader crypto market is amid a sell-off, which hasn't helped Shiba Inu's cause.
Still, the dog-inspired meme token delivered a staggering 43,800,000% return for full-year 2021, making millionaires out of investors who purchased as little as $2.29 worth of Shiba Inu on Jan. 1 and held on.
With enthusiasm cooling, the reasons for selling Shiba Inu are mounting, but there is one interesting case for owning some as part of a diverse portfolio.
The Special Kiss (Looking for lower)Were heading towards 0.00002110 Like it or not.
- Couple options here. We can hold the line at 2110, but if bears come through; were heading into the teens again.
- If we decided to go up from here, than look no further than the 200 SMA as resistance.
- Bottom line Vitalik Buretin is right; were in another crypto winter and who knows when well get out of it. Buying lower is the key.
SHIBUSD Potential 0.5 Double BottomLooking for another bottom to form on the 0.5 level
Leading to continuation of the 200MA
BTC & SHIB - downmove intention of MarketMakers for this week?Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: SHIB
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves.
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
SHIB /USD 1HSHIBA UNI (SHIB) / UNITED STATES DOLLAR (USD
1 HOUR TIMEFRAME
SHORT POSITION
If you like my analysis give it a thumbs up.
If you have any questions feel free to leave a comment or send me a direct message.
SolarFX
SHIBUSD Long Idea_1H Time FrameIdea is to go long since SHIB is available at major support and seems to test the trend line resistance once again from current level.
Just a possibility.....I isolated the last flag pattern and saw a break to the lower end of my triangle indicating a regression. Now looking for a bottom in this new channel and hope to see a large bounce upward! LMK what you think..... This is obviously not trading advice. Please do your own research before entering any trade!
SHIB possible Buy/Sell Zones Shib trade idea based on a few trends I'm starting to see on the 7h and 4h charts
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.
Shiba Inu Strong buy signal ( same BITCOIN's signal)
Target shown is the beginning and I suppose it will reach ATH in future
Have a great luck ❤
