Previous structure repeatingBelieve and be calm and hold, the previous same structure is repeating and we are seeing good consolidation good time to buy and hold
SHIBWBNB_498594.USD trade ideas
SHIB in the mother of all falling wedges on the DailySHIB has followed the broader market with continued downside but has formed what seems to be the mother of all falling wedges. I expect a pop to the upside between 41 and 5 in the next day or two, barring any negative market news.
SHIBA INU If all fails If the Fibonacci 0.618 fails then Shib is going down to the 0.00003211 (red) area and if that fails then down to the 0.00003102 (white) area.
Its all up to this level... If this level doesn't hold there will be further downwards movement... and instead of losing another 0 we will end up gaining another 0 which will be a big problem...
Beware of the Wolf in Dogs ClothingI'm pointing out Shib because ever since the incident at coinbase (pointer)
Shib lost its luster and been in a steady decline since.
I picked up on another idea, that EOY for crypto may experience a heavier than normal sell off as retail will need to sell and convert into fiat for taxes.
If you believe what they say about tether, you can see how liquidity may become a problem.
I'm going to hold my short positions for the rest of the year and see what 2022 has in store for real money markets.
I still believe in Crypto long term. ETH and BTC are real, Alt coins however, may be more wolf than good dog.
Putting in a Buy Limit Order on Shiba Inu Coin @.00002937Traders,
Shiba Inu looks to have almost reached my target down. I am putting in a Buy Limit order at .00002937 and hoping to capture the re-entry here either tonight or Sunday night. If I don't catch it on one of these nights, I will cancel my order and re-assess.
You can view my current target sell areas (subject to change) on the chart.
Best of luck traders!
Shiba Inu is it the time to buy ? Shiba Inu is going to be a big thing in 2022.
First target : 0.00004567
Secound target : 0.00005977
Last target : 0.00010000
SHIB's healthy consolidation! Establish a range between .xxxx29 and .xxxx44! This will likely consolidate in a pennant for another few weeks, don't expect a spike back to the highs just yet. I'm not gonna use hard stops on this beast but below 29, I'll likely exit. Let me know any thoughts about possible divergence anywhere. (I'm also building a position in ELON and DOGE once again, let's see what these puppies can do within the next six months.) Cheers mates!
THE REAL FLIPPENINGDOGE VS SHIB
A war that will pump both coins to untold heights. The battle shall be fought using ETH and BTC, but ultimately, the war will be won by either SHIB or DOGE.
Stop loss is 0.
Shiba Inu Coin Offering a Buy Opportunity Before Leaping 11xShiba Inu token (SHIB-USD) has finally pulled back in a more complete Wave II after a powerful, mania-inducing Wave I. This Wave II pullback, shown in GREEN, may be over or it may have lower to go, but at any rate, once the I-II are set, we can make much more confident projections on where the extensions will take us. That said, it is a great time to buy SHIB, but it may be best to dollar-cost-average over the next several days to avoid any emotional attachment. This is a very high-risk play as this crypto has very little history, so please size your buys appropriately!
Once our pullback is complete, look for a Subwave 1 to take us between 0.00009 and 0.00017 for a 2x return. Expect the subsequent Subwave 2 to be sharp and deep before the Subwave 3 targets between 0.00053 and 0.00105 for an 11x return! Subwave 5 could eventually get us to 0.00159 to 0.00310, the returns for which I'm not even going to calculate right now.
Unlike with the other cryptos I track on my channel, I'm expecting SHIB to move very quickly and not align with the more established cryptos. As Elliott Wave patterns are fractal in nature, the time-duration ratios seen historically within SHIBUSD may repeat. If that is the case, expect the full wave structure to take 3x longer than the initial 5-wave impulse for Wave I, which would place the top around early February 2022. But of course, Elliott Waves are all about PRICE, not TIMING, so please take with a grain of salt! While I've pointed out several inflection points and targets, the rally may come and go before you realize it! So for that reason, be mindful of position size and keep an on this dog!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#shibainu #shibainucoin #shibatoken #cryptocurrency
SHiB - Ascending Triangle ContinuedWe might still a dip to the green bar corresponding to the 50% to 61.8% Fib of the last upward impulse from Dec. 6th-7th to confirm this support.
This dip could create a Local Bullish Divergence on the MACD. (Note: MACD setting is on the 1HR Timeframe)
There's still a massive Bullish Divergence on the MACD against the price action since Nov. 4th.
Day Stoch RSI: Oversold Conditions
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
SHiB - Found Support & Trading Inside Ascending TriangleSHiB continues to trade inside the ascending triangle as it found support.
The immediate task now is to push past the red resistance bar, the yellow descending resistance trend line and the 50 Period EMA.
MACD: Bullish Divergence
UPT: 4551
If SHiB gets rejected at the stated points then the, downside price target could be back at the 3210 to retest support and possibly create a double bottom bullish scenario.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Shiba Inu about to MoonI would like to say first of all, i could def be wrong. Market can do anything whatever it wants.
But due to so many factors pointing towards a bottom , this is very low risk trade idea. And this is just a speculative idea which is based on :-
1) Retesting of support
2) Massive volume indicating, Longs that bought at high liquidated and that is a good sign.
3) Oversold on 1H, 2H, 4H and Massive Bullish Divergence on 4H.
Every detail is specified in the chart.
I would be happy if my ideas would be shown some support or some interaction with other TV community would be nice and would make posting ideas a worthwhile.
Enjoy and Safe trading everyone.
Shiba Inu Meme DOGE Killer Token This is the current sentiment in this current time/space. This token has reached the floor. Time for the ceiling.
Shib is about to moon From this trend analysis it looks like Shib is hour away from a huge breakout.
SHiB - Ascending TriangleUPT:
4275
4565
DPT:
3050
RSI: Bullish Divergence
Day Stoch RSI: Oversold Conditions, Bullish Cross Over Imminent
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
potential price actionEven though the current positive sentiment is growing, price action has been seemingly unchanged and remains in lateral movement within a few points. News coming out about the metaverse has changed Motley Fool's stance on SHIB. Yahoo news feed has been changed lately as well. I follow the news closely on SHIB. SHIB was under fire by main stream media at first but now that has changed. As usual, I am a SHIB holder and plan to hold for a very long time. My assessment may not mean anything but I feel like a run up is coming soon. With that said, I think that the next few days we'll see more lateral ebb and flow.
SHIBA INU propaganda is overProbably you heard everyone talk about the Shiba Inu coin and how profits it makes in less than 1 month, 1100 % return seems cool but where the coin will go for the next period,
the propaganda behind Shiba is what makes it attract liquidity technically there is no project or a company behind this coin. the market cap has changed from 41.19 B on 30 October to 20.7 B market cap on 7 December making -60% loos of the price. even in the crypto market crash, the top coins are still a value like XRP, EOS.
Inexperienced investors and new crypto holders have a concept that Shiba will be 1 cent and they will be millionaires in the short term of the investment.
The propaganda is over now, Don't be fooled by false advertising
SHIBA-DAILY: The price failed to breakdown the support @ 0.00035As shown on the daily chart, for the last three days the price failed to break down the support area between 0.000035 and 0.000031, and today bounced back up a little bit. The price may try to retest the support more, and if breakdown fails, we expect the price will bounce back up to retest the next resistance at 0.000047. If the breakdown happens on the other hand, we expect the price will fall further to retest the next support around 0.000024. The main trend on the daily chart is not up anymore, and the price is moving under the dynamic resistance area. The best places to buy more are around 0.000035, 0.000031 and 0.000024.
.............................................
GOOD LUCK
shib pump?Shib Finally found major support burns and whales should push us up now ... this is my prediction for the rise of shib not financial advice obviously anything can happen
SHiB - Massive Bullish DivergenceUPT:
5972
6662
7643
MACD: Bullish Divergence
Stoch RSI: Oversold Conditions
DPT:
3050
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
SHIBUSD - D1 - THE TREND IS YOUR FRIEND...WEEKLY :
Fifth consecutive black candle...The 61.8% Fib ret @ 0.00003702 has already been filled with an intraweek low
@ 0.00002915 reached last week.
Global picture does not smell good !!!
Indeed on this time frame the pressure remains to the downside !
DAILY :
In an ongoing downtrend move; below the clouds, the Kijun-Sen, the Mid Bollinger Band and the Tenkan-Sen !
RSI below 50 @ 38.00
Only a recovery above the cluster (0.00004174-0.00004356) would neutralise the ongoing downside risk in that Daily time frame
H4 :
Same picture than for the Daily chart; watch the downtrend line resistance (in red)
H1
Recovery attempt in this time frame; watch Tenkan-Sen on a 1 hour closing basis. A successful upside breakout would be the first signal
of a tactical recovery with an upside pretty limited towards Mid Bollinger Band ahead of Kijun-Sen
SELL ON RALLY
Ironman8848
