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Today we are reviewing the SHIBUSDT pair
and it seems that we already have a whole series of successful ideas and forecasts of Shibainu token price movement.
Our previous idea worked done, the growth itself exceeded the most exuberant fantasies and expectations.
Ex Support Line 51 become the 1st major
we might see new falling wedge
Only If SHIB Reject from 51
if SHIB get back 51-52 and hold for at least 4 hours
then going to start new rally for ATH
BE CAREFUL ABOUT YOUR POSITION & ASSETS
Hello To All (Traders & Investors)
on 4h chart we can see SHIB perform a breakout from resistance line
if this suppose to be breakout from giant falling wedge that we all waiting for..
then i think we need more volume .
NOTHING IS CERTAIN IN THIS MARKET
SHIB appears to be breaking the short-term downtrend, we have an opportunity to catch a likely reversal in the short-term.
Target: 0.00006802 (57%)
Stop: 0.00003594 (16%)
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!
Shiba Inu break out EMA and Resistance Area also Trendline. There is good sign that trend reversal.
TP 1 = 0.00005595 (Fib 0.382)
TP 2 = 0.00006223 (Fib 0.5)
TP 3 = 0.00006851 (Fib 0.618)
What do you think?
Look previous idea:
With this being relatively new, it seems as though that it will have the same movement as AVAXUSDT. Set your TP and CL. This is hopefully a swing trade so we can have a decent major correction soon.
We are currently at point B of the Bullish Shark set-up (but this is highly susceptible to invalidation due to being a relatively new currency). Risk only 1% of your...
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 :)
As totally expected, price reached our first level of strong support, for now we expect price to push higher, as level determined I hope you could catch it to buy in area we mentioned. Personally I closed with 30% profit in first touch, I have some just like spot I keep them to run ...
All analysis done from before check link bellow ✅
Any question comment me...
I love the little rally, but my most pessimistic self tends to be correct when it comes to this stuff.
I see a move down to at least the .000040XX range again before we get a feeling for whether the downward trend has truly ended or not.
We'll know very soon.
In a previous video, where we discussed shiba inu was having major resistance and was trading in a great demand area. The idea was to see shiba inu break out of this resistance, Now that we have seen Shib Broke Out, What Next? In today’s video, I explain what to expect and also mention some important price areas. Hold on! Before I tell you this, there...