As predicted in the previous analysis, the price has successfully exited from the top of the triangle (downtrend line) and we have to wait for the touch of the first target and then the pullback to the range of the ceiling of the ascending channel and the broken downtrend line. I recommend that the specified loss limit be observed and if the loss limit is...
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
Trading Setup: A Trading Signal is seen in the SHIBUSDT . Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00000940 ⭕️SL @ 0.00000900 🔵TP1 @ 0.00001060 🔵TP2 @ 0.00001140 🔵TP3 @ 0.00001220 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Shiba longterm possible scenarios from my view. 🤌THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
Based on technical factors there is a Buy position in : 📊 🔵 Buy Now 0.00 🧯 Stop loss 0.00 🏹 Target 1 0.00 🏹 Target 2 0.00 🏹 Target 3 0.00 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
As you can see on the chart, I simply indicated the symmetrical triangle formation and the target point on the weekly chart.
I don't want to make a bad analysis about Shiba, which is a very energetic meme coin with buyers and big whales, but it needed a correction a long time ago. Anyone who drew a trend line knew this easily. But the good news is that once the fall is over, it can be a fast start again. Analysis: because the price has been broken, a fall has occurred, and if it breaks...
1D time frame - SHIB creating a daily triangle structure. We can set a great trade with perfect RRR here. Try it with tolerated margin!
Everything is clear in the chart. This is not a financial advice
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.
This triangle correction is at the end and this price is good for buying. Maybe another impulse wave and making$$$$. So becareful about this shit coin.
The weekly support is defending the price very well. The first dip to this support produced a strong bounce and then price retraced to this support again and again and every time the price has bounced from this support. This suggests that the price may aim for the daily resistance from here.
Price has hit the weekly support and expect a bounce here and aim for the resistance zone above. A long is favorable here.
The last trade was closed without profit and the price bounced and moved up as expected but remained a bit short of target. Now the price has fell again back to weekly support and a long is favorable here. For a bit better and conservative entry long it when price dips below the weekly support.
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.