Memecoin
LONG SHIB coin!For myself I am loving this pattern and the forward stacking catalyst of Robinhood listing coming up, Kraken listing going live, and Shibarium (own blockchain project). Retraced to buying levels and respecting the fib's and BB's very well. I already held 420,000,000 SHIB and added 65,000,000 today at these levels!
Will SHIB make it ?? SHIB ForecastAre you one of the people that made money on SHIBA INU ??
On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs price increased with a price range of +/-200% and hit our resistance at 0.00002379 and in the next few days it started forming a bullish flag pattern and on 23 of October it broke out of the bullish flag pattern and increased with another price range of +/-200% breaking its ATH of $0.00005044 and creating a new ATH of $0.0008806 and over the last few day is has been retracing to retest its ATH and our lower trend line at 0.00004524.
Therefore if price respects and does not break the support and the lower trendline at $0.00004524 we might see an increase in price and new ATHs created and if it does increase as much as it did in the past with a +/-200% price range increase we might see price around the $0.00013138 range.
BUT if it does break our support and lower trendline at $0.00004524 price is gonna continue dropping till it finds support.
OR maybe a total white out like the squid game meme coin....wouldnt wanna see that happen but keep it in mind and only risk what you will to lose.
L.M
Looks like I may be close With the current decline in short sellers we are finally stabilizing to the point where the Analysis can finally see a uprise in the market, This should provide a huge buy back in for those who missed.
For those who are staking there shib should be earning interest on top of their current position.
For a short term run I can see it increase roughly 27% to 48% the panic sellers will have a huge impact on the market and its current position. Simply holding a lot of shib isn't enough to make it through as more buyers flood into the crypto market. researching the stock market and the crypto market plays a huge role on how shib will do. The #DogeKillerCoin has a purpose and a limited supply the burn protocols will happen in time just stay focused on the long run.
This is my personal review and personal Analysis. Take the risk at your own Will.
COINBASE:SHIBUSD
Big reversal coming for DOGE!Here's a quick Look at DOGE daily chart. As we can see, the price has been forming a bigger double bottom formation! A break above 0.35$ will confirm the double bottom and from there we could see a big rally to 1$! Keep an eye on this setup!
The best entry would be, when the price breaks above the 0.35$ with good amount of volume .
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The idea is: Buy the breakout from 0.35$ and take profits at the levels shown in the chart.
Targets:
1. 0.435$
2. 0.51$
3. 0.59$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB / USDT . What's next for SHIB?What's next for Shib? Will we move even higher? What are your thoughts?
Enter long position if/when price breaks out of triangle
Take profit ideas:
TG1 - 0.000077$
TG2 - 0.000081$
TG3 - 0.000087$
What do you think? Which crypto do you want me to do next?
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Trade safely!
Floki & Bitcoin Chart Correlation on Different Time Frames
POLONIEX:FLOKIUSDT
BINANCE:BTCUSDT
As you can see Floki 1H price action during past week is very similar to Bitcoin 1D price action during past year. So, the short term floki price action might be an interesting indicator for long term Bitcoin price action.
P.S: You can also do this fractal for some of top memcoins such as Doge, Shiba, Kishu and Akita (especially in the past month's meme season and you can see that Floki will probably do another 300% in a couple of weeks accordingly and if this is right so we can expect Bitcoin price to be around 240k by January 2024.
DOGE, DUCK, DIP, DIVE AND DOGE. 5 D'S OF DOGE...DOGE DOGE DOGE, SHIB!!!
That's all I hear...
Very popular crypto and has the opportunity to be in the top 5, given that it lives up to its potential hype. What do y'all think is going to happen? Will DOGE dodge the SHIB movement and move past the MEMECOIN stereotype, or will it sink to the bottom?
Next Memecoin to go through the roof? $FLOKIAn, admittedly, not entirely serious, analysis, after all, we are talking about a Memecoin.
Even if this culture goes against everything I've learned about the market, you can't ignore it.
I'm in since yesterday and I'm at 100%, but I'm convinced (almost unfortunately) that Floki will go the same way as Doge or Shiba did ( or will still go, in the case of Shiba, that's not over yet in my opinion).
I will buy again at the yellow line.
EVEN IF THIS IS ALWAYS TRUE, HERE ESPECIALLY:
THIS IS NOT AN INVESTMENT RECOMMENDATION!
ShibArmy! Chart by Commander CryptoKnee ShibArmy Reserve. 28OCTNailed the Ending Diagonal entry from last nights chart! Now im seeing a zig zag down and a zig zag up. the 3rd move is a bit questionable atm. Could still be multiple things, most are corrective, with a Leading diag being the most bear, atm, MO. The 2nd ZZ did hit the .80 fib retracement of the 1st, so dependent on your wave B/X fib retracement allowance could be a flat or sideways combo. BUT, I personal would perfer another simple contracting triangle here. but its is depends on how this 3rd move plays out and where it lands. We could still break the high here and still be in a corrective structure, running/expanding flat or triangle variant. SO hopefully this next move provides some clarity. Would like to see something proportionate to the wave to, or else I will get a bit sus as to wtf. The most resent retrace was swift and a bit deep, so that may have been the wave 4, but again will have to see how this current move plays.
start of the 5th wave of Elliott from $0.17 or $0.113crab, cypher and shark reversal scenarios:
if 3-4=0.61 X-3=$0.17 *more likely*
crab targets:
0.38 3-4=$0.3
or
0.88 3-4=$0.63
cypher and shark targets:
1.13 3-4=$0.9
or
1.42 3-4=$1.36
or
1.6 3-4=$1.86
butterfly reversal scenario
if 3-4=0.78 X-3=$0.113
targets:
0.38 3-4=$0.23
or
0.88 3-4=$0.6