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SHIBPERP trade ideas

SHIB - NOW BATTLING ITS 50! What's Happening Next?Beautiful Wednesday Morning, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== SHIB reached the Blue Horizontal Bar and found resistance along with its 50D MA. So what's next? SHIB could again retest that Blue Horizontal Bar and when it gets rejected could go sideways (consolidate for the time being) prior to another move. SHIB breaking the Green Horizontal Support Bar could push price down toward 2060 to 2020. Final support level is at 1700 and going past that could trigger a landslide and possibly decimate SHIB. However, if SHIB manages to break above the Blue Horizontal Resistance Bar, then the next structure to watch out for is the Red Descending Resistance Trend Line. MACD: Bullish Divergence has yet to be fulfilled. Stoch RSI: Huge Upside Potential Always remember to place your Stop Loss. Price action is KING! Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:SHIBUSD
by RSibayan
3
Update For SHIB/USDT Analysis 📈📉Hello crypto community and SHIBA INU fans , In this analysis I gonna talk about shibusdt in 4h time frame . Price has pumped by more than 50% recently and tested the pivot range area and reacted . it declined today and In this case I consider it as a correction right now , although it can go down even to retest support area . but we are witnessing a cross for 20EMA and 50EMA which is a bullish signal to open long position as soon as price will start growing. so we can consider both short and long position right now. but for long position I'm personally waiting to close above pivot range and have a pulback. -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
FTX:SHIBUSD
by PRO_SMART_Trader
SHIB - CAUGHT IN A DESCENDING TRIANGLE! What's Happening Next?Happy TGI-Friday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== SHIB broke out of the Horizontal Triangle towards the downside and has, as of this writing, found support at the Blue Horizontal Support which was the level of support for SHIB a week ago. So what's happening next? SHIB could be ranging in this Horizontal Triangle for now, and as it does it could re-test the Green Trend Line of the triangle. Breaking out of the triangle toward the upside could bring SHIB up towards the Red Horizontal Resistance Bar above at 4000. Downside breakout will bring SHIB down towards 2550 and eventually to the Green Horiztonal Support Bar. Always remember to place your Stop Loss. Price action is KING! Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:SHIBUSD
by RSibayan
3