SHIB broke above the bullish wedge. An entry at the re-test of $0.000039 support would be ideal if this is NOT a fakeout... It was time for SHIBA to bounce and pump after a 60% drop. Risk/Reward looks good on this trade. Bias is bullish at this time. Bullish cross on MACD too... lets go! Enjoy the ride. Like and follow if you liked my idea!
$SHIB looks ready to finish its consolidation and start breaking out to the upside here soon
Despite all the reasons everyone else wants to sell Shib and get to the " Golden Support for Buyers" we are holding strong!! Selling pressure is still kinda high I feel.. but, we are taking it very well! Sorry, I'm not really talking numbers, but you can let my technicals speak for me per say.. Bullish, Happy Trading :)
i think whiba deserve to be zero price but anyway here is my thou i think if it cand break upper line of channel after pull back it can go up
coming back to the order block and that is where big money will take profits by selling into this fake pump.
Here's a quick Look at SHIB 8 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price...
Explosion in the price coming soon, can you predict it?
Hello everybody According to the chart you can see that the price is ranging in correction wave and we think the price is ready to make a triangle and if this happen the momentum of downward is becoming weak and the price have the power to go up and reach to the resistance , and if first resistance break ( red box ) it can go up more and reach to the second...
If you haven`t bought SHIB at my first call, at 0.00000684usd: Then you should know that if we extend the fibonacci retracement tool from its strongest support, we can see that the price drop target was 0.00003800 (the famous fib 0.618) which was touched multiple times and then bounced back. I see this area as a good entry if you want to long SHIB Shiba Inu once again.
TREND CONT TRADE ENTRY .00004653 STOPLOSS .00001200 TAKE PROFIT .00013067 risk to reward on this trade is 2.19 This is just a guess and you should manage risk accordingly GL
Hello friends, today you can review the technical analysis on the 1D linear scale chart for Shiba Inu ( SHIBUSDT ), a altcoin cryptocurrency. #CryptoPickk noted in the chart: 1) The Shiba Inu price is currently in a Descending Channel Pattern (or Descending Wedge Pattern) since October 28, 2021. 2) The channel has been tightening over the period of a month and...
Whats going on everybody... I'm not exactly one to write words on a chart, but I couldn't hold back.. As with any currency or trading pair, you can see how well the institutional trading style is being traded here. The issue at hand though is that we have so many people that sell off or go short with false patterns and what happens?? LIQUIDATION!! Many people take...
Alright, In my last post I held a neutral stance because Shib approached a key a Fibonacci Retracement Level of 0.618 (or .00003798). I said that if it bounces off this level that this may signify the bottom and would be a good entry point. Since then, it has bounced off the level with strength and came back down to test support at 0.618 retracement level. With...
shib are about to break, lets see what its doing in the next coming hours..
For more expert analysis and trading lessons on a daily basis, make sure you follow me! Here we have our updated SHIBUSD Chart. After the long target set in our last chart, we can take this time to go over a lesson in trading. Assets like SHIB and many other coins are highly volatile as they are new. This hype causes large fluctuations in price. If you are...
SHIBUSD has been trading in this falling wedge and looks ready to move up. I expect to trade higher than the target set on this chart, but this is the minimum target.
SHIBA LOOKING TO BREAK OUT DOWNWARD TREND What"s next for SHIBA INU? Will we finally get a break out to the upside and shave off a zero? Or is there room for downside movement? Drop your thoughts below
On a daily timeframe, SHIBA is in the important support area of 378 to 438, and there is a possibility of price flooring in this range. The power of fall is not seen, and you can enter by managing the loss limit. If it keeps this range, we can see the targets of 563 and 639 again.