BINANCE:SHIBUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it !
#SHIB has formed a bullish pennant and based on the pattern bias is bullish for now.
Let's check the technical factors before we head to the analyze.
- MA50 has reached the lower support zone.
-...
SHIBUSDT has continued to chop sideways while maintaining this very nice wedge shape. I also am seeing momentum start to turn to the upside and MA's are bullishly aligned. I am watching for a break of that trandline, then potentially targeting the 1.618. Good Luck!
SHIB analysis:
SHIB is forming a triangle after the massive pump. SHIB is now reaching the decision zone of the triangle and we will see a breakout soon on either side. The resistance to keep and eye is 2980-3920 (four zeroes before this) and if SHIB break and hold this resistance then we see more dump in SHIB. If SHIB break the triangle downwards then we see...
BINANCE:SHIBUSDT forming a possible bullish pennant.
Currently price is moving within the pennant.
Wait for a confirmed breakout outside the resistance area of the pennant.
DYOR. Not a financial advise.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick update on SHIB. Last time when I posted the SHIB chart it pumps immediately and gives us more than 30% sweet profit.
Now again SHIB is ready for one more move. As you see in the chart it is trading inside a big symmetric triangle. When it's break out...
Please support this idea with a LIKE👍 if you find it useful🥳
Right here is Shibainu coin that rose by 400% in the previous week after a tweet from Mr Elon. Shibainu successfully made its way to the major resistance point at $0.035 last week and got rejected. With different factors in play ready to make shiba attain it's new ATH, a pullback from the major...
Shiba Inu (SHIB) has been on a considerable run lately, but technicals show that the rally might cool off before eventually going forward.
Key Support level: $0.0000237
Key Resistance level: $0.0000350
Shiba has failed to break above major resistance at $0.0000350, and ever since, the price has corrected, forming a pennant (in blue).
Read my full analysis on ...
Here I believe we will see uptrend soon as we have a bullish 50 range RSI divergence, we are at the bottom of schiff pitchfork and inside the golden zone on our fib retracement, if we do break this pitchfork we are going down to 0.00002618 and will see a bounce back up.
* Polkadot is moving within a range between it's resistance around $38 and it's major support near $26.
* The below ascending trend-line is working as support for the price. In order to continue the uptrend DOT needs to break the above resistance.
* If the price breaks the below trend-line the price will drop till it's support zone.
Divergence RSI
Descending triangle. Downward breakout probability.
Global ATH level. High probability of resistance.
In the event of a breakdown into space!
Upstream channel. Working down
This time, SHIB is following my prior plan. Since yesterday, this is the only token that has risen in tandem with bitcoin, while all other tokens/coins have fallen.
Looking ahead to the next movement, I'm evaluating 2-3 market motion options. We should prepare our backup strategy and risks now, given the current situation of the financial market. Look at the...
![SHIBUSDT: Shiba Analysis 2 [Bullish Scenario]](https://s3.tradingview.com/n/NkNO04m9_mid.png "Shiba Analysis 2 [Bullish Scenario]")
