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Shiba

Double downThe dog has been caged for too long. The ascending triangle pattern we find our-self in is a great indicator for a trend reversal. Yesterdays candle is what is enticing me to double down here. I am personally using a tight stop for this trade and going for the 1st take profit . Then, opening a trade with the loose stop and lower entry if I get stopped out. You can adjust accordingly due to your trading style. Happy Trading! Dashed Red Line = Tight Stop Solid Red Line = Loose Stop Dashed Green Line = 1st Take profit Solid Green Line = 2nd Take Profit Purple Line = Trading Range/Pattern
COINBASE:SHIBUSDLong
by RighteousTA
Update SHIB: Up 40% ! 143% potential gainsSince the previous post. SHIB pumped 40% already. Time to move the stoploss above my entry point, to lock in some profits. The rest is free trading. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
9
Shiba dropped 70% after signal - now potential rise of 143%?SHIB dumped 70% (purple price range) after the bear Supertrend Ninja - Clean signals (red vertical line on the background). Now there is a bull signal (green vertical line on the background) indicating a possible bull run to around to 2000 sats (0.382) or 2800 (0.618)) forming Wave 4. Which is about 143% (orange price range) possible gain. SHIB is still below the the Ichimoku Cloud , which is considered bearish . Currently it is trying to break a resistance area at 1200. The RSI is still in a range/ slightly bullish at 52. RSI Brown at 72. If we take a look at the Average Directional Index ( ADX DI) its indecisive, as it is ranging. Almost horizontal. Currently SHIB is above its Basis Bollinger Band , Band Basis 20 Period SMA . While it is below the LSMA . In short, SHIB is still stuck in a range on the 2Day chart. Although I am leaning towards a bullish scenario. Since SHIB price and the RSI are still forming a higher low. I do see an Ascending Triangle. Which is a bullish sign as well. Time will tell. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
SHIBUSDT, Breakout the resistance. SHIBA inu. UpdateHello my friend, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. Shiba after trade range and accumulation, Breakout the resistance. you can enter now or after consolidation and fixation above the resistance to safe buy with low risk. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Long
by ArashBanakar
3
SHIB - Short on the news. Another tryReasons to take short: ⭐️ CPI released today ⭐️ Couldn't update high ⭐️ Volume at top ⭐️ Engulfing candle at high ⭐️ 52 days ⭐️ 3rd touch ⭐️ 50 ATR Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Short
by Artem_Dishel
4