SHIBA long!The Bullish flag has formed on the $SHIBA chart. After the breakout through the upper boundary of the flag, bullish movement is likely to continue and reach the resistance level at 0.00004 $
Memecoin
SHIB/USDT : Neutral - trading range with downside riskSHIB/USDT : Neutral between 0,00003900 and 0,00002400 - trading range with downside risk
Shiba Inu has been created to see if a perpetual decentralized organization could work with no central leadership
Once upon a time, there was a very special dog. That dog was a Shiba Inu, and this dog inspired millions of people around the world to invest money into tokens with the dog's image on it
Shiba Inu Supply
Circulating Supply 549 063 278 876 302 SHIB
Total Supply 589 735 030 408 323 SHIB
Max Supply 1,000,000,000,000,000 SHIB
With a very large supply in circulation and a mysterious leadership to drive the sensibility of the volatility Shiba Inu is a high risk asset based on hope and irational price anticipation... No business behind
Tactical view (Mid-term 1 to 3 weeks)
The Elliott wave account is in line with the supply set up of the token, there is still a possibility to print lower on this token after having completed the trading range / pause on going in wave 4
Preference for a trading range between between 0,00003900 and 0,00002400 with a recommandation to swap the SHIB to another strong Tokens in the Network & Protocol thematic or Metaverse/NFT thematic
Strategic view (Long-term 3 to 12 Month)
Only a break of 0,00003900 resistance and 0,00002400 support will provide a directional view - However a significant new bearish move approaching the 0,00003900 resistance can't be ignored
Enjoy
Floki still needs more correction to prepare for the 3rd wavecrab harmonic pattern:
X=2.14e-7
A=8e-10
AB=0.38 XA
BC=0.38 AB
1.6 BC=1.15e-8
2 BC=1.57e-8
2.24 BC=1.91e-8
*2.6 BC=2.6e-8
*3.6 BC=5.92e-8
0.78 XA=6.51e-8
4.23 BC=9.83e-8
0.88 XA=1.13e-7
1.13 XA=4.42e-7
6.85 BC=8.38e-7
1.27 XA=9.75e-7
1.41 XA=2.1e-6
*1.6 XA=6.7e-6
Shib Elliott Wave Analysis Going to be keeping a couple variants on the same chart until there is some, IMO, more clarity.
Its similar to Bitcoin, in the way that there is a large corrective structure as the the 2/B.
Being such a large, in time, structure, I would be looking for something of similar degree.
This could be obtained by a sharp deep correction in price, or a sideway correction
of similar time before i would consider it the same degree.
On the chart are the possible counts I am looking at.
They do have some ideal fib relations in common in the area, marked on chart.
The deeper it goes, the more possibilities are knock off the table as possible counts.
Trade Safe!
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Cheers!
SHIBUSDT 1DHi everyone
Support and resistance levels and possible directions of SHIBA price movement
I'm glad to know your comments too
Please support
the 3rd wave is near?crab harmonic pattern:
X=$0.000168
A=$0.0000000001
AB=0.38 XA
BC=0.38 AB
1.6 BC=$0.00000021
2.6 BC=$0.00000061
3.6 BC=$0.0000017
4.23 BC=$0.0.0000033
0.78 XA=$0.000013
0.88 XA=$0.000043
6.85 BC=$0.000051
1.13 XA=$0.00078
1.27 XA=$0.0042
1.41 XA=$0.22
1.6 XA=$0.262
#SHIBUSDT,going crazy againSHIB finally show a respect to all his investors, now it really depends on whales of ETH which hold big amount of SHIBA.
with incoming updates and the procedure for burning Shiba, price could reach high targets.
yesterday spikes prove that investors still believe this mem coin worth to hold however in the future updates we couldn't say that shiba
is just a meme coin!!
with high demands continue SHIB could break upper resistances.
SHIBA CUP & HANDLE- TO RISE BY 300% TO $0.0001Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, we have a cup and handle pattern formation on this chart followed by a falling wedge pattern that reflection the correction that happened.
Another confirmation right here is that price broke out of the falling wedge and it’s in a new trend to the upside.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SHIBA INU (SHIBUSDT ) 🤗
Happy Trading💰🥳🤗
Shiba Inu Price Analysis — February 7SHIB currently exhibits some notable bullish underpinnings, as it welcomed a swarm of positive trading volume on Sunday. The meme coin’s recent >20% surge brought it close to flipping the $0.0000300 resistance but stalled at the last leg.
The thirteenth-largest cryptocurrency has now retraced mildly to the $0.0000275 support, where it currently gathers more buyers to attempt a retest of the 0.0000300 top. That said, bulls need to defend this support level to prevent bearish from prolonging the rebound period, which should occur this week under the current conditions.
Meanwhile, my resistance levels are $0.0000300, $0.0000325, and $0.0000340, and my support levels are $0.0000275, $0.0000260, and $0.0000250.
Total Market Capitalization: $1.97 trillion
Shiba Inu Market Capitalization: $15.2 billion
Shiba Inu Dominance: 0.77%
Market Rank: #13
BABYDOGEUSDT, We are moving in upward channelHello everybody
Finally we analysed one of the most popular meme coin in these days.
Do you anything about token burning ? Do you anything about the community of BABY :D ???
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the chart you can see the market of BABY is so amazing that is moving in upward channel and we expect the price reach to the below of the channel then its ready to move upwards and rises toward both of target.
1st Tp is midline of channel and the 2nd one is upper line of channel.
Until the zone that we shown on chart is not break down and consildate below of that zone the trend of price is upward and the analysis is valid
Good Luck
Abtin
Can Dogecoin’s Double Bullish Divergence Revive the Uptrend?Dogecoin (DOGE) has consolidated its recent losses, but several bullish signals call for a potential reversal. The DOGE daily chart has printed a double bullish divergence against the MACD and the RSI indicators, which can limit the short-term downside pressure.
Double Bullish Divergence
First, DOGE has formed a bullish divergence against the MACD indicator. DOGE's price made a new lower low on January 22, while the MACD indicator printed a higher low, which indicates a shift in the momentum.
Secondly, short-term DOGE has formed another bullish divergence against the RSI oscillator. Against the January 10 low, DOGE made another lower low, while at the same time, the RSI oscillator printed a higher low.
The confluence of the two bullish divergence signals seems to point for a temporary bottom at the $0.12 swing low.
However, long term, the bearish trend remains in motion. Only a daily break and close above the 200-day simple moving average can signal a fundamental change in the trend direction. Additionally, most RSI readings are printed below the mid-level 50, suggesting that we are not out of the woods just yet.
Looking forward: The first major resistance level comes at $0.20, followed by the $0.21 pivot point.
SHIBA LongHey traders, in today we are monitoring SHIBAUSDT for a buying opportunity around 0.20 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
SHIB trend lines#SHIB/USDT
$SHIB is at support zone and also below a descending trend line that act as resistance.
🐮 break out from descending resistance will increase price to resistance zone between 2540 and 2970.
🐻 break down from support zone will decrease price to 1550 and 1400.
start of the 3rd wave is nearcrab harmonic pattern:
X=$0.0000000097
AB=0.38 XA
BC=0.88 AB
1.6 BC=$0.0000000026
2 BC=$0.0000000039
0.78 XA=2.24 BC=$0.000000005
0.88 XA=$0.0000000068
2.6 BC=$0.0000000074
1.13 XA=$0.000000014
3.6 BC=$0.00000002
1.41 XA=$0.000000035
4.23 BC=$0.000000039
1.6 XA=$0.000000067
Shib Stair Stepping Lower lows and Lower Highs, the definition of a down trend. Looking for a trend change here. So far nothing convincing that the trend have began moving back up yet. May be a triangle/pennant here so if it gets a lower low on the price action and a high low on the rsi, bull divergance, it may point to a potential turning point. Again, waiting for a trend change, ideal shown on chart.
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Dogecoin.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), Volume, Descending Wedge, RSI, MFI (Money Flow Index).
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
SHIBA INUHello Everyone
SHIBA's bearish pattern is over now. It is in a 0.000020 strong resistance level. In the next few weeks, the SHIBA will run sideways and in the middle of March, the bull run will be started. Don't panic, hold your SHIB.
Dogecoin good buying opportunityHey traders, in today's trading session we are monitoring dogecoin for a buying opportunity around 1.137 zone.
Trade safe, Joe.
BTCUSD - Extremely BullishWe made a high of around 65k on BTC in 2021. Since then BTC has been rangebound between 30000 and 60000. Although markets can turn around at 30000 levels once again. As a trader, I would like bitcoin to hit the liquidity pool at 18000 level. I've been waiting for it since the last fall, It didn't. Trapped many at fake highs above 62000. Markets are risky, And this ain't an investment advice of any sort.
DOGE inside parallel channelDOGE is trading inside parallel channel and now price is above middle line, if it hold the middle line and current support zone it can head up to break out from channel and increase to resistance zone.
but break down from middle line will drop price to lower line of channel that is the same with support zone around $0.08
a strong wave is startingbat harmonic pattern:
X=$0.0384
A=$0.00000031
AB=0.38XA
BC=0.88 AB
1.6 BC=$0.000327
2 BC=$0.0015
0.78 XA=$0.00311
2.24 BC=$0.0039
0.88 XA=$0.01
2.6 BC=$0.0176
MEM-USDT Bottom + Falling WedgeBreak out + re test + bull div. Strong bottom at 0.10$. Low supply on the exchanger.
💥SHIB CUP & HANDLE 🐶 - TO THE MOON🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
I expect a rise from support to ATH and above it.
As explained on the chart, the cup pattern formed followed by the handle about to form.
An order block indicated on the chart proves a possible bounce from current support to a new ATH and a possible bounce above it.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SHIBUSDT ( SHIBA INU ) 🤗
Happy Trading💰🥳🤗
