Shibausdt
SHIBA INU - 20x of 2020'sHello everyone!
This is a chart analysis of Shiba, I believe the leg down from .00005 to .000007 seems to be a portion of the correction leg that occurred in Bitcoin between April and September. The future price gains are expected to increase within a few years.
A strong bullish move up to (iii) and (v) wave levels are expected, to break all time highs. Price ratios and indicator values recommend an even stronger momentum however I may not add it as part of this prediction. Crypto markets seem to be continuing their major bullish trend for about another decade or so, Shiba may be one of the best gainers.
This chart is shared as an educational idea, pay attention to your investments and good luck!
SHIB will repeat history or continue correction? The most recent bull run is a scaled-up move of Shiba's first big run in early October; "scaled up" meaning both (a) wider swings to the up/downsides but also (b) longer in time for the ebbs and flows of each rally to occur.
So here's my hypothesis: Shiba will bottom out around the .35-.40 support levels and continue trading sideways before the start of the next big move up.
Why? Let's take a look at the last time RSI levels fell bellow sub-30 (first green flag), Shiba during the past few weeks have tapped that sub-30 level again a few times which tells me it could be oversold at current levels (yes-meme coins can be oversold too!)
All of the above aside, SHIB will ultimately move w/ BTC - and there is some major tax related FUD happening in crypto rn
What do you think? Subscribe for more!
Disclosure: I am long on Shiba on a 3-5 year timetable - not financial advice just my take
#SHIBUSDT looks ready for another explosive move!! Part IISHIB is trading right above the triangle.
Multiple retests and then likely a pump. Close below this triangle means it could reach the $.038 to $.048 level.
This will be the best price to get in tbh.
Let's wait for now.
I have accumulated at lower levels and will add manually till $.0477 with SL at $.044
My average entry is around $.0525.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
SHIBA INU - Can Dogs Fly? 🐾🦴🛩️Shiba Inu (SHIBUSD) is an Ethereum-based altcoin (a cryptocurrency other than Bitcoin) that features the Shiba Inu—a Japanese breed of hunting dog—as its mascot. Shiba Inu is widely considered to be an alternative to Dogecoin; in fact, proponents of Shiba Inu tout it as "the Dogecoin killer."
Similar to Dogecoin and meme stocks such as GameStop, Shiba Inu's returns are primarily due to its community of retail investors. These investors have artificially inflated Shiba Inu's price by investing heavily, only to sell once the price peaks.
In our eyes:
👉🏻SHIBA INU is Ethereum's loyal dog. The biggest burner
👉🏻 SHIBA INU is a meme, the hype, the trend. It will be Crypto's Hot item this Xmas season
👉🏻SHIBA INU is established in top-20 (currently number 11 crypto)
👉🏻SHIBA INU has a strong and loyal community. Even here in the small island of Cyprus people keep posting about the Shiba Inu 'Family' and 'Army'
It all sound a bit crazy but there is nothing wrong with Hype.
Let's remember to take profits at the right time (that's most likely later on between December 25 and End of January 2022) because 👉🏻SHIBA INU reminds me of XRP in 2017.....
One Love,
the FXPROFESSOR
👉🏻SHIBA INU will be hot but my heart belongs to SHIBA LEASH (limited supply). I have invested in that one.
SHIB long positionShiba Inu may be one of those memecoins with little to no intrinsic value, with its volume and liquidity it offers amazing opportunities for traders.
I have just closed on my SHIB short position.
And I'm now looking for new opportunities. As I believe this move we're seeing is nothing but a healthy correction (very normal during bull markets), the more we go down, the more I'm looking for longs.
And this next support zone around 4300 is looking quite good. It held once before in the beginning of November and is our only support if the 200 EMA breaks.
What are your thoughts on this?
SHIBUSDT trade is hit target and near to accumulation areaSHIBUSDt trade hit 2X target according to new analytic prediction. Our next target is 0.000037 level. Here is accumulation period and boosting area from where trade can blast up any time. for further update stay tune.
Don't forget to share your views and hit like and subscribe button.
I'm waiting for this area to BUY Shiba Inu ;)I think this depends so much on social media and tweets. Big guys need to sell... happy for more exchanges to list at this time so that they can sell. Just my thought, I've learned that technical analysis is seemingly pointless in crypto. That being said, I'm ready to buy at any moment lol. BTW anyone staking anything while we wait?
shiba is so risky right now just be Patience !for those who gone trade : we have up trend and down trend in shiba as you see we have two channels and both have a good reaction to the price
first of all we have to know the price is going for which channel after that we can open our position well ,
look for the break or support area with the a good candle ( price action )
i have highlighted the key point that can make us decide better .
" DO NOT OPEN A POSITION IF YOU ARE JUST BORED "
Shib: Bullish on DailyHello all! Here are some of my personal reasons why I believe $Shib is still bullish in my eyes on the Daily timeframe:
1) Hidden MACD Divergence, price has made a higher low from the end of October to today, while the MACD has shown a Negative-Positive-Negative pattern, indicating to me that it is a bullish divergence.
2) Oversold on the Stochastic RSI, we have been oversold for quite sometime. As you can see from the chart, we have experienced an oversold condition every time before the next 'pump', so I believe this to be a bullish indicator.
3) Retracement to the 62% Fib level from the consolidation level formed back in late October, I believe this is a healthy support level (as it has been tested three times already), so I believe this to be a nice area to buy.
4) Volume has been flattening and consolidating for quite a while. Like the Stoch RSI, the volume has has history of flattening before the last two bull runs, so I believe this to be a bullish indicator as well.
Thank you for your time, and best of luck to anyone trading!
Shib Vs BitcoinSo before we start keep in mind that this chart is only showing data from 28th October 2021 .
Shib has broken the 0.618 Fib Fan resistance , where will shib go now that its broken its downwards dominance vs bitcoin? , its something to keep an eye out because while everyone is fearful with Bitcoin , this meme coin is up 2.82% at the moment while the rest of the market is down.