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Divergence spotted👀 on shiba inu: potential uptrend?Shiba inu has gone down by 61% since it staggering all time high of $0.0008865 last month. It sits on the Fibonacci retracement of 0.061 (meaning it has lost 61% of its value since all time high, but yet all these analysis doesn't quite still posses a safety net to buy shiba inu or not? So while roaming around the charts I noticed a bullish divergence on the 1hr time frame, exactly at the 0.061 Fibonacci support level, historical last month the Fibonacci level has been a normal zone for trend reversal in shib, both on the daily and hourly time frame, though its current downtrend seems impossible to stop at some point everything that goes down must surely come back up. The bullish divergence popularly know for trend reversal indications on the RSI stochastic is said to be the strongest indicator into a market upcoming bull run and with the strong community shib has, there is lot of fundamental and technical analysis supporting a reversal to the upside.
Long
by Jezzz_
2
Mana on the rise again?Mana has seen a recent increase in Volume. It's strange to think that the meta-verse may become a reality but the money doesn't seem to stop flowing. About a month ago mana had its recent spike with Facebook changing its brand name to Meta. Now it's seeing more interest in the modern world with the Alt-meme coins Shib-Inu and Doge had gained popularity with the media as more and more investors gain interest. I currently own 55 Mana and I'm going to hold it for a more long-term investment.
COINBASE:MANAUSDLong
by NekoSamaUwU
Shiba Inu Price Analysis — November 19SHIB has suffered a crushing decline over the last three weeks after it peaked at $0.0000885. The meme coin remains unable to break above my three-week-long descending trendline as it recorded its lowest point since October 25. That said, the eleventh-largest cryptocurrency currently approaches this trendline again and needs to post a decisive close above this line to break the jinx. Failure to close above this level preserves the bearish momentum and could set SHIB into consolidation between $0.0000470 and $0.0000420. Meanwhile, my resistance levels are $0.0000500, $0.0000550, and $0.0000600, and my support levels are $0.0000450, $0.0000420, and $0.0000400. Total Market Capitalization: $2.57 trillion Shiba Inu Market Capitalization: $25.6 billion Shiba Inu Dominance: 0.99% Market Rank: #11
by Mr_Wogbe_Alex
SHIBA INU - cute dog will eat DOGEIn my personal opinion - the climbing is not over yet. It is going to find a way to wreck the dogecoin, many useful coins in shiba inu environment. It's pushing forward, also the RSI with MONEY FLOW and MACD, are looking good on long term chart (3D) which I like to watch to see general trends in cryptocurrencies. Im holding some bag of it of these and I'm definitely going to hold it longer! After this gain I will sell half and remain with this until it hits at least .01 As always DYOR! Good luck guys!
FTX:SHIBUSDLong
by MateuszZakrzewski
2
#SHIB Shiba Inu - Massive Correction Soon?Today I am charting Shiba Inu (SHIB) on a daily linear chart. The current price is inside of a parallel channel since the end of October 2021. Every time the price drops below the median in the channel (body not wick), it generally touches the bottom of the channel. Concern: The price has broken down from the trendline which started in early October 2021. If the price does not get back above the trendline, we may see more downside very soon. Concern: The RSI is hovering right above the 47 level which it hasn't broken since mid-September 2021. Concern: There is a multi-day bearish divergence as outlined by the red trendlines and the price has broken down. In the red ovals I show where the price may be supported at the 0.236 fib level at $0.00002737 price which is about a 42% price drop from the current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin and Stock Ideas. 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 #bitcoin #altcoin
by MillionaireEconomics
3
END OF THE HYPE (SHIBA INU) SHIBA INU 1/4 hours Supply/Demand & Wyckoff Pattern Formation Analysis - Spring had formed - Wait for LPSY (confirmation to enter long) - Exit when it reaches 1 Hour Supply (UT/UTAD) - Short Shiba when it reaches 1 Hour Supply (UT/UTAD) at the same time, or conservatively, wait for LPSY (test of UTAD) - Take Profit at 1 Hour Demand - Wait for LPSY (CONFIRMATION to enter long) - Take Profit at 4 Hour Supply - It's better to sell all holding shib coin at last sell price ( 4 Hour Supply) - Short after UT/UTAD formed at 4 Hour Supply or wait for LPSY (test of UT/UTAD) - Take Profit after Huge Mitigation (might be at 0.28175, according to fixed range volume profile analysis)
by ivt6645
1