Shibausdt
SHIBA | Getting Ready for a Massive Breakout..!!
#SHIBA (update)
Forming Massive Descending Channel in daily timeframe.
So far Looks Extremely bullish & ready for a Massive breakout.
In Case of Breakout, Expecting +200-240% Bullish Rally in Coming Days.
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Thanks for Your Love & Support..!!
+108% for SHIB in 2 weeks. Is this even possible❓SHIB is continue to consolidate below the $0.01297 key level. As you see, the SHIB doesn` t make the pullbacks even after the false breakouts which shows us the strength of buyer.
Actually, SHIB almost copy these movements from the last idea🚀
📊 Preconditions to open a long:
🔥the buyers buy the dip
🔥no pullback after thte false breakout
🔥squeeze to the key level
🔥bullish BTC and SnP500. They help SHIB to reach the targets much faster
🚩 The supports and big limits on DOM and Footprint are the main preconditions to open a long. Using these indicators we can set the shortest stop loss✅and get highest RR.
📊 The targets:
1️⃣ $0.01837 - the key level, local resistance
2️⃣ $0.02290-0.027 - the value area, the huge resistance if Elon will not begin to PUMP Doge again and it will make +20-30% in a day.
🚩 The second possible scenario is a pullback after breakout of the key level. It will be nice to see the volume growth on this pullback which help us to identify the big player purchases zone on Footprint and open another long when the pump continue.
✅ What is your target on this DOGO? Share your target in comment!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Shiba daily swings the white channel was the daily up trend channel, after reaching the the ath in the channel price drops to the first correction point. correction will happen to the level which the 0.618 Fibo projection level shows end of the down trend in red channel. time and price are exactly showing the same point. this is a an original method for analyzing market movement.
SHIBUSDT 1D Shiba token price chart shows growth prerequisitesBefore you is the global chart of the SHIBUSDT trading pair
As you can see, the previous Shiba price pump ended in November 2021 and since then the price has been in an 8-month downtrend.
Due to this drop, the Shibainu price returned directly to the liquidity zone , where in 2021, for several months, were gained long positions before the pump by +1200%
Since the SHIBUSD price spent less time in the liquidity zone in June 2022, growth should be expected to be weaker than in 2021.
However, looking at the chart, it seems to us that in the near future a completely real x2 growth - from $0.00001050 to $0.00002100
When trading this coin, you should understand one fact - it is a very speculative asset. Therefore, it is worth setting adequate take profits in order to take the profit that the market is giving at the moment. And also you can move the stop to an upward position during the price growth.
Because, as we can see, it is not a problem at all for a SHIBUSDT trading pair to drop in price by -92%. So that you do not bite their elbows after, which seen great profits, but fixed at best +10-20% and got a traumatized psyche as a gift.
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SHIB - Second Chance to Board the SHIB TrainIf you missed the rise of SHIB the first time, here's your chance to get in on the bottom floor. SHIB is bouncing off a level it hasn't seen since before its meteoric rise back in October of last year. Breaking out of a falling wedge above this support level makes this a great entry for the next up leg in my book. I'm long.
Shiba Inu Analyze🦊(Classic Reversal Patterns) !!!Shiba Inu made two Rising Wedges ( Big & Small ). It was able to break the lower line of the Small Rising Wedge and passed pullback to it, and now it is making a Head and Shoulder Pattern that can break the lower line of Big Rising Wedge .
Big Rising Wedge's 🎯 Target 🎯: Around 0.00001042$
Small Rising Wedge's 🎯 Target 🎯: Around 0.00001022$
Shiba Inu Analyze ( SHIBUSDT ) Timeframe 1h ⏰ (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.