The price hit the daily support. This should make the price move up at least to 0.00001276 level to the upside.
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.
The price is ranging between the support and two resistance ranges. Currently hitting the 1h resistance turned support area. I think it should again aim for the 4h resistance 1 zone.
So the price now is bouncing from the 4h support 1 area. How about trying to hit 1h resistance zone marked on the chart. I see the probability of this event higher than the price going the other direction immediately.
The price has hit the 4h resistance 2 finally as marked on the chart. However, it seems that pushed the price back under the resistance and it is trading below the resistance. There is a very high probability that it will make another attempt to hit and break this resistance at around 0.00001400 level The previous 4h resistance (marked in chart as 4h resistance 1)...
The price has closed above the 4h resistance which was holding the price back for long. This kind of clears the way for move up to the next resistance zone. That resistance might not be that strong and price can then head for the next resistance level marked on the chart. A possible price path has been depicted. However, let us go step by step and then do the...
Price shot a bit up from the expected resistance level mentioned in the last post and also depicted in the chart as L2., however, it is pushed back to the level shown on the chart as S3. Now price has a likelihood of following the step L4 which will bring the price to the level 0.00001276 again. I will assess it again when the price is there.
The last post expected to break 4h resistance on the next attempt, however it did bounce from 4h support to 4h resistance, but could not break it and fell back again to the 4h support area. This time again it has found support there. It is likely that the price will attempt to reach the 4h resistance region again. We evaluate the price action again as soon as the...
So we touched the 4h support again. Now it is time to move up and break through the 4h resistance sitting above around 0.00001476 area. I will update the probable price action once price reaches 0.00001525 level.
So the price hit finally the marked support area. And we see a bounce which was depicted in the last post. The price will likely hit the 4h resistance at 0.00001476 level. The next course after the price hits that level will be decided by looking at the price action at that level.
It looks like for SHIB the upward path is clear till the next monthly resistance.
hello guys according to the chart i expect pump my favorite scenario is by decreasing btc dominance we would see some pumps in shib doge and other memes my favorite target is 33 but it could reverse from 21 i expect some news about shibarium to start pump good luck
Hello Everyone, Right now as per the market structure and smart money concept techniques Shiba is under accumulation zone and underplay the Power Of 3 Pattern rule. since there are lot of confluences and we are not able to write down all of them in the description so making it all concise as much as possible. high chances that Shiba can print 200% pump suddenly...
SHIB/USDT has been losing for quite a while. It is getting perky for sure on the hourly chart, but also checkout the NICE upward channel its got going. NOT far from challenging the 4h 200ma. Might have the energy to get over and go go go. Like many ALT's at the moment, the downtrend (for the moment) is bouncing. A buy above 4h 200ma support, or a trailing take...
Based on technical factors there is a Buy position in : 📊 SHIBUSDT 🔵 Buy Now 0.00000927 🧯 Stop loss 0.00000807 🏹 Target 1 0.00001050 🏹 Target 2 0.00001280 🏹 Target 3 0.00001770 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
hey guys Shiba is in very good place to buy . I think.it can end the 4th wave of the last run and also end break the triangle this week. on the other hand , it can make a Cup pattern the it past half of the way. if you want to trade , Trade with your own risk. this is just an idea.
I still stand with my previous update. This is the shakeout before Shib literally goes crazy. This is what you see in the chart. It's a perfect retest after the breakout. SHIB looks strong in HTF. Best to get in around this level. SL is still a daily close below 880. DYOR, Not Financial Advice. Please hit the like button and Share your views in the comment...