Shiba Inu Price Rockets To Yet Another Record High
Shiba Inu price nearing the moon as bulls quickly push toward $0.0001.
SHIB's market cap grows to $42 billion, becoming the ninth-largest cryptocurrency.
Shiba Inu is like a 100 meter Olympian on steroids, sprinting to new all-time highs (ATH) every day. The meme-based coin has brushed its shoulders with $0.000088 for the first time in the history of its existent. It is believed that SHIB will soon lift above $0.0001, starting the price discovery phase afresh.
At the time of writing, Shiba Inu trades at $0.000087 while bulls reach another higher level. Its market capitalization has jumped to $42.3 billion, just below Polkadot's $42.8 million. Dogecoin has slipped to the eleventh position with a market share of $31.3 billion. If SHIB keeps the rally intact, we expect it to challenge DOT's and XRP's positions in the top ten.
Shiba Inu's Rally Not Stopping For Anyone
Shiba Inu is comfortably in the bulls' hands who are focused on pushing the price past $0.0001. The Shiba Army is currently one of the unstoppable forces in the cryptocurrency market, undeterred even by the triggering tweets from Elon Musk.
Earlier in the week, Elon confessed that he did not own any Shiba Inu but held DOGE, Bitcoin, and Ethereum. The Shiba Inu rallied behind the token as if the news motivated to push to higher levels.
At the moment, there is little to outline regarding the technical levels impacting Shiba Inu's rally. The fear of missing out (FOMO) could be the main force behind the consistent upward action. A break above $0.00009 will further bolster Shiba Inu above $0.0001.
Shiba Inu Price Intraday Levels
Spot rate: $0.000086
Trend: Strongly Bullish
Volatility: Extremely High
Support: $0.00007
Resistance: $0.00009
Shibausdt
Shib (breakout)Shib has had a tremendous run up, with nearly a 100% increase within the past 3 days!
Taking a copied bars pattern, price can get near the 0.00010000 price marker.
The relative strength index is seeing a divergence from the pricing chart, indicating a bulling sentiment.
Price is also running up the parallel orange lines (rising channel).
Resistance at 83% for the R.S.I.
Black bars are the same copied pattern, but ended sooner, around 1:30 P.M on the 26th instead. Price is likely to follow the orange bars though. Resistance expected at: 0.00009572
related Shib published ideas:
SHIB$ WHY THE ASCENDING TREND ARE NOT FLY DOWN Hi everyone, shib are the most trending coin but the thing that you would to know is when this booming ascending trendline could stop, and we have to have details and data for say it and we have two strong factors: volume and historical data. Don't listen who say taht it is impossible to have an idea to the next move-
First: volume. The volume is net increase in the past hours and i think that it's not weak in the next hours. Sure its hard to say if reach new high levels but word of mounth and the take over of DOGE can push this parameter even high.
Second: historical data. Weel in the past, in particular in the first wave for shib around early october we see a weak altcoins and a strong btc that increase its dominace. In this context SHIB explode and it took quotes from other coins while capitals flowed into shib and alts suffered this because people took their money and put into shib. Now we have a similar situation but now btc are weak, but for shib is a good thing. BTC are putting down the market and the alts and people put money into shib because it is the only coin that make money in this time. In the next days from analysis we expect an other pullback for btc to the 53k - 57k zone (53k worst zone is hard to reach because btc anyway is so strong). Btc is in a correcting mode but is NOT A BEAR MARKET SITUATION, only after ATH Btc have always correct itsself about 10- 20%, but this is good for a organic grow and also we are at the end of the month and as usual btc suffer at the end of the month because people tak ein general ptofits.
Well, this situation is perfect for shib and until btc are weak, and i expect that this situation is going on for the rest of the last days of october, shib will surge with a fast corrections during the ascending thendline.
We have to know all this things because IT'S IMPORTANT TO KNOW ABOUT OUR MONEY, AND WE DON'T HAVE FEAR AND OTHER PEOPLE DONT HAVE TO MANIPULTE US TO TAKE TOO EARLY PROFITS. Keep profits but pay attenction to
Fear, uncertainty and doubt (FUD), manage your feelings.
SHIBA OBSERVATIONShiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower.
SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance.
⛔ Get a profit ( SHIBA 1D ) ⛔(( please read the description ))
⛔⛔ Be careful when trading Meme Coins ⛔⛔
‼️ be careful, Support was provided in the Fib zone 0.236, I expect to go to the target and then have a short rest
tip :
* The volume of transactions is high
* MACD (Confirmation of an uptrend)
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
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Please like, subscribe and share your ideas.
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BTC Stochastic RSI Looking GOOD!As you can see on the daily charts BTC is currently oversold as it has found support and relief around the $58k-$59k range. Apparently, investors wanted to get a little more DIGITAL PLATINUM for less than $60k before continuing on. Pull backs will continue to occur periodically as the real Bull run finally commences.
SHIB/USD - 20x in a month. GG 🤩Chart.
When RSI is over 90 you got to be careful. But hey, this is SHIBA, this is meme coin. Rules don't apply.
Top 10 coin right here, fundamentals don't matter. All that matters is DOG coins > everything else.
SHIBA to $0.0001 soon.
Like and follow if you liked my idea!
#SHIB SHIBA INU WHEN IT RETRACES!Shiba Inu fans are having a great day and a really great year! I put a few trend lines put together to focus on both Price and RSI. Also, keep an eye on the 21 EMA as a possible support. I hope this one doesn't have a free fall!
HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU!
CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
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 #altcoins
1000SHIB/ USDT 4HOUR UPDATE Welcome to this quick
1000shib/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- 1000shib/usdt is very bullish and rising wedge pattern and and by the dip and 1000shib/usdt new all time high create
Entry:- $0.045,$0.047
Traget:-
T1:- $0.050,
T2:- $0.053,
T3:- $0.057
Stoploss:- $0.043
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
$SHIBUSDT Going to the Moon!$ETH.X Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
$SHIB.X already powers its own decentralized exchange (DEX) and its team plans to launch a dedicated Ethereum scalability newtwork...
So yes $SHIB.X can hit PT 100
Shib Usdt | SHIBA detailed Technical AnalysisAccording to the correction levels of the first waves, formation or pattern usually reveals.
When we look at the first wave, it is seen that it returns from 0.618. In this case, if we draw a scenario over Elliot Wave, it is seen that the current HH exceeds 1.618. In this case, we can expect another correction wave from here.
If we go over the patterns and formations that may occur because there was no previous supply zone at these prices, we can interpret the Harmonic Pattern B leg as 0.786 at most. We can think that the correction can occur up to a maximum of 0.786. But in order for it to extend up to 0.786, the volume of the shib must fall to an extern level. I don't think that can happen.
For this to be possible, btc must experience a rapid decline below 50K. However, this may be possible. Or the current price should increase a little more to 00068 and the price should return from there.
When we look at the indicator data to see if this is possible, I think it is not very possible. Rsi is currently at 87 when measuring. It can go up to 100, this is possible. In this case, it can come to the level I said in price. According to the money flow indicator data, they are still at a level that will allow for an increase. My example Cmf lasts up to 0.50. It always exploded after 0, 40. Considering that it is now at 0.19, there is no problem in its rise in terms of CMF.
However, this does not seem possible in terms of Trend indicators. ADX Momentum and Aroon are almost at the final level they can be right now. I don't know if it will go any further. Frankly, there is no historical data for other commodities that I remember about how far they can go. I don't know if there is. Generally, adx 40 returns when other indicators support around 50. Currently at level 66. In other words, if we evaluate the trend with trend indicators, the Elliot 3rd wave trend should turn and the 4th wave should be happening now.
Based on all these, I will dwell on the possibility that the limits of the price retracement may be at a level between 0.382 and 0.5.
This measurement is the image that supports our Elliot idea;
A correction at 0.618 followed by 1.618 has been surpassed. But the thing is, 1, the correction length of the wave is too much as you can see. In this case, we can theoretically expect the correction of wave 3 to be shorter or less than half the distance of 1 and 2.
When we make a data-independent graphical measurement, considering that the 1st wave is 170px long and the 2nd correction may be in half of this, this corresponds to the fib 0.382 levels.
Now, when we want to re-measure the correction as a harmonic pattern, waves 2 - 3 - 4 and 5 can reveal a harmonic pattern for us. When we measure this by constructing it, we can estimate the price levels on average.
The most common bat and crab patterns with 0.382 . When we make an evaluation and simulation on these two, we come across pullback price levels between 1.618 and 2.618
Even if prices were to retrecament to 2.618, it would not be possible without encountering resistance at 1.618. In this case, 1.618 can be considered as a new entry position and considered as a six-stop or partial buy.
The length of these patterns can get longer or shorter depending on the current BTC movement. The point to note here is the price movements of btc.
If all of our assumptions are supported by price movements, the Elliot 5-A-B-C triad will reveal a new harmonic pattern and start a new trend. When C is reached, the indicator values will be rested enough to remove a new trend.
p.s NOTE: This is not investment advice.
SHIB is repeating DOGE history 😲😲I decided to analyse DOGE and SHIB in comparison with each other. SHIB is repeating price movements almost identical to those of DOGE. There was a very long accumulation on the DOGE chart, after which price broke through it and DOGE rose by 500%. SHIB has now also broken through a strong accumulation and reached a high of 300%. After such a strong accumulation, the price can continue its rise further. If you bought and hold SHIB, I would recommend locking in 20-30% profit now. If the price reaches the 500% rise mark, the best opportunity would be to sell another 70-80% of all coins, as DOGE fell 60% last time after such a strong rise. If SHIB repeats the same pattern, you can buy more coins at a 60% discount.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Shiba is still on earth or what?!Hi my dear friends,
as you see on the chart my VIP analysis taught 2 targets and gain 200% but if Shiba list in Robinhood app it can gain more and more for their holders.
I can not suggest buying at this point but I think every red candle can be a buying opportunity.
it is necessary to check fundamental news.
NFA
have a good day
Target (new peak) SHIBA 1D(( please read the description ))
Surprisingly, a new target awaits those who kept their coins
tip :
* The volume of transactions is high
* MACD (Confirmation of an uptrend)
* Trading above MA 50 (blue line), one should hope for an uptrend
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Money missed and how to catch it next time!There's a lesson to learn in keeping your chart clean and referring back to you notes!
I predicted a relative strength index divergence on October 25th in a related published idea.
Made a purchase at the first blue horizontal line, 0.00004207.
I sold at the second blue horizontal line, 0.00004926, for roughly a 16% increase, only doing so assuming it was the top of the breakout.
If I would have referred BACK to my previous published idea (linked below), I could have looked for a divergence, seen as the purple horizontal lines on the R.S.I. Noted though, it is difficult to see. Instead of selling the token, there was an opportunity to catch the easier to spot divergence . This would have allowed an additional 9% increase, if sold at the top green horizontal line, 0.00005388
Ways to have prevented/predicted this increase: referring back to some of Thomas Bulkowski's writings, specifically "Getting Start in Chart Patters" Second Edition, he mentions a 25% increase, and to look out for this as a possible "top" to an upward movement. At the time of writing this (11:33 P.M on 10/26/2021) Shib is attempting to break resistance at, 0.00005361. Shibainu might reach a peak of 0.00005555-0.00005600 at a later point. A 30% increase seems to be an "average" for larger moves in the crypto-market, with a target around 0.00005750 (possibly).
Upside: Selling at the 0.00004926, for roughly a 16% increase is still a "smart" move, as selling at an increase is preventing any loss by a down-trend. This of course excludes larger uptrends, like the one seen here to 25%. Thomas Bulkowski also warns that 15% is a good selling point. Additional upside, it is clear (at the time of writing this) the SHIB is struggling to break/keep the resistance line, green horizontal line, 0.00005388. Plus, as Mr. Bulkowski puts it, you never go broke taking profits.
*for additional trading information, visit: thepatternsite.com (Thomas Bulkowski's' free Site), or see my previous published ideas.
related SHIB published idea linked below: