SHIBUSD D1Hello, here is my second analysis on Shiba using MACD and i tried to label in a way that will be easy to read and understand
SHIBWETH_2F62F2.USD trade ideas
Could SHIB break the 50MA and then the .5 Fib Extension?Some of our group wanted to see a fib extension on SHIB so we did it and surprisingly we have a move that mimics what actual trades will be. These bounces off the .5 extension and then a solid support at the .236 extension make this worth watching for a while. Hey who doesn't have 1.5M+ shib just sitting around waiting for it to break .01$
Tilting up of trend since peakSHIB reached the upper floor and trend line of resistance at nearly the same moment. This resulted in a pump on the price and tilting the lines of resistance upwards.
This resistance vs floor battle happens again in the near future.
brake or not?? part 3ok
the shiba is in important place...
if brake up we can take a long order but it is possible that brake down...
so we wait for brake...
please like and say your Opinion about this coin...
have niceeeeeee day :)))))
Will SHIB Crypto Momentum Push It To A New High?The weekly technical chart of the Shiba Inu price is currently seeing a strong upside trend. Coming to the daily chart, the asset price is looking to leap for a new high. The upside momentum of the SHIBA INU can see a setback near $0.000037. The asset price on the downtrend may observe a downside trend near $0.000025. The price of the coin has seen a jump of over the downside move and can soon see a new high. The 50 DMA line is near $0.0000382 and it can act as a temporary hostile region for the coin. SHIB/BTC pair can also see a move to a new high in the future
Bullish Movement The market is currently in an Ascending Channel. Shiba gave us a retest on the support zone of our channel, forming a double bottom pattern as confirmation.
SHIBA: BUY THE RUMOUR SELL THE FACTThe rumor of a Robinhood listing boosts some good momentum in SHIBA. The overall texture on cryptocurrencies is also positive.
Shiba has defied downtrendShiba on H4, has showing a trend reversal .
Price has rejected the 0.30 and would expect to go up to first target of 0.00005 and to all time high.
SHIB is close to breakoutWatch for confirmed breakout on SHIB. This one has been patiently waiting for a pump.
Good Luck
Shiba Inu Finds SupportThe dogecoin killer, Shiba Inu. forms nice bullish reversal candlestick pattern - 3 inside up with bullish divergence on daily MACD. The invalidation level remains at 0.00002541 .
Happy trading
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Tilting the trend wedge up. So now we have broken out of the previous wedge. What's different than the Christmas Eve breakout is that this is above the floor. Downward pressure still exists. In the next publish the wedge will be tilt it up to match the new trend.
SHIBA INU- LOOOOOOONGDo not underestimate this little DOG...Buy on 18th Jan
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Shiba about ready to move, get ready!!Good Bullish divergence on the 4HR. This could be it. Buckle up!!
Fell below key level of support.The trend continues to be true. The floor had no effect on the overall pattern of decline on the 4 hr chart. SHIB is rushing back down to early-mid 2021 prices.
shib/usdIf you find that you are feeling emotional while trading it is time to take a step back. Be aware of what is going on in your mind when you place your trades. Your mind makes decisions for you and if it is clouded with other thoughts or not clear then step away.
Shiba is getting ready for a good up trend
All this time the price is trying to fall but fails to go lower! buyers remain in their positions and that is quite positive !!
The top athletes train themselves everyday, and this discipline rolls over into the rest of their live.
They also stick to a routine and schedule that can help them be their best.
And that is what we will do!!
I remain a buyer from the beginning until we see 0.001
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SHIBUSD hard way to grow and it has to break a lot of resistanceTo the secrets of a friend where I should not have bought and contrary to strategy, I am currently at a loss, it would be very bad if it goes below the support line (0.00002383).
Downward trend continues.We are not below the pre-spike level of support. There is nothing to support the price from dropping to pre-sept '21 levels.
SHIBA, Getting ready for 130% move.....Shiba sit on do or die support level.
There are no complicated thing without pump.
About to crush through the upper floor.It very well could be a blood bath if SHIB breaks through the pre-peak floor. There is no level of support below there until it reaches early 2021 prices.
Shib Inu Target 0.00012500In Spot Shibinu
Buy Cmp 0.00002980
Target 0.00005800
Target 0.00008500
Target 0.00012500
Shiba Inu Running Out of Time... Rally Coming? Or Danger Ahead?!Shiba Inu token (SHIB-USD) has broken even lower as illustrated with the modified primary PURPLE pattern . While we pierced down below our 38.2% retrace mark 3 times now, there isn't anything particularly bullish happening. If that changes, we should start seeing impulsive behavior very soon.
However, there is now an alternate RED pattern , which has us already beginning a deeper C-wave much lower to complete a much lower wave II pullback. We're looking at as much as 62% downside! Because many altcoins have deceptive, unclear charts, I'm relying on BTC and ETH as an indicator on the overall crypto sector sentiment.
At this time, both BTC and ETH are taking an ominous turn, which has the RED alt pattern looking more and more likely each day. If those two display immediate signs of a crash, it is probably best to sell or at least unload part of your holdings in SHIB. If the ensuing crash occurs, you may have a much better BUY opportunity then. What will a crash setup look like in BTC? Check out my just-published chart on that! (We very likely have a 1st-wave down and should see a 2nd-wave corrective bounce upward soon...)
Check out my explainer vid on YT!
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 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.
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