SHIB ~ 12H 📈 #SHIB Successfully penetrated the resistance of this pattern. We will start making purchases gradually from here, with a minimum target of 15%++
SHIB ~ 6H 📈 CRYPTOCAP:SHIB Make a purchase after successfully breaking this resistance line or buy after Retesting the nearest support. with a minimum target of 15%+
Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks...
Be prepared for the final and upward wave of BINANCE:SHIBUSDT . Entry and exit points have been identified on the chart. "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Shiba longterm possible scenarios from my view. 🤌THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
1D time frame - SHIB creating a daily triangle structure. We can set a great trade with perfect RRR here. Try it with tolerated margin!
The price has come back to the 4h support zone. It is likely that price will move up and aim for the daily resistance again. The target for the long if filled should be 0.00001116.
Price has hit the weekly support and expect a bounce here and aim for the resistance zone above. A long is favorable here.
The price is trading below the daily support currently. Let us try a short here as it seems favorable and target the weekly support zone around 0.00001026.
SHIBUSDT has hit the daily support. However, the weekly support is also sitting very close under this current daily support. A possibility to visit the weekly support level cannot be ignored. I will expect a bounce towards the 4h resistance level around 0.00001095. By the way, if patient, price hitting weekly support will give a better long opportunity.
The price was rejected from the 4h resistance and have now hit the 4h support area. I expect this support to provide enough bounce to the price to aim for the 4h resistance zone again.
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 SHIBUSDT - Shibainu 🔰 SHORT 🔴Sell Now or Sell at : 0.0000115 ⛔️Stop Loss : 0.0000118 🌀Take Profit 1 : 0.0000107 🌀Take Profit 2 : 0.0000100 🌀Take Profit 3 :...
SHIBUSDT is showing strength after consolidating under the 4h resistance zone. Now the price is trading inside the resistance zone and is likely to head towards next resistance zone around 0.00001310. The price might follow the path L4, S5 and L6 as depicted in the chart.
The price has now hit the weekly support. This is major support and we should have a good bounce from here. I expect at least a bounce to the nearest 4h resistance zone around 0.00001256 as a first step.
Let us take another shot on this one. The likelihood of the price being rejected from the previous support region is high. It may revisit the support region around 0.00001239 which is also indicated by the path price may take.
The price has almost hit the smaller time frame support just sitting above daily support. It might still go and touch that support. But after that the price shall very likely follow the path L5 as shown in the chart. This definitely will make a case for visiting the 0.00001276 level once again which was the target of the original post.
The price has closed above 4h resistance 2 zone. This shows some strength in the price action and this may lead the price to the next level up. The probability of the price to aim for 0.00001374 level is high.
The price has hit daily support twice and both the times, it had a significant bounce to the next resistance zone. This second bounce currently trying to pierce through the resistance. With a bit of push back, I believe the price is going to move above the resistance zone and may aim for 4h resistance 2 zone.