Following through from our previous analysis MEXC:SHIBAUSDT precisely reached the pullback zone I highlighted and bounced approximately 20% immediately putting us on a profitable edge. Now all I can say is good luck on the journey to a new ALL TIME HIGH again for SHIBA on this particular scenario.
Don't forget I have been calling this since $0.08 see analysis...
This is a chat pattern is called a descending triangle which has a support and once the price breaks the support is signify a Bearish movement in price as you can see on the chart price just break the support which makes the the bears in control of the market at this point in time so we look forward to the next support which slightly might hold. You never can...
From the previous analysis, it is clear that BINANCE:SHIBUSDT is finally bullish and this update is to look for entry at the next retracement which could possibly be the resistance line that will become support. Keep in mind that price might not necessarily kiss the support line perfectly therefore it is good to start accumulating at the $0.02 region and DCA...
#1000SHIB
The price is moving in a triangle on the 4-hour frame and we have a green support area at the 0.0300 level
We have a higher stability moving average of 100
We have a breakout of the downtrend about to happen
Our RSI indicator has a downtrend that is about to break higher
Entry price is 0.03200
The first target is 0.03660
The second target is...
LONG #1000SHIBUSDT from $0.028991
15m TF. The 1000SHIB instrument has a growing movement pattern. Increased trading activity and volatility indicate that there are participants in the market who are interested in the coin. Despite this, the price does not fall, which indicates the predominance of demand over supply. Consolidation is taking place near the round...
"SHIB NEXT POSSIBLE MOVE ACCORDING TO FIB" appears to be a statement regarding the cryptocurrency Shiba Inu (SHIB) and its potential future price movement based on Fibonacci retracement levels.
Next Possible Move: This suggests a forecast or prediction about the future direction of SHIB's price. In financial markets, analysts often try to anticipate the next move...
If we see a daily candle above the white trendline we can see a good rally for #SHIB
I'm looking at easy 25% without leverage.
This is only IF the price breakout from the trendline.
DYOR and stay safe! Follow if you enjoy my ideas. Thanks!
MEXC:SHIBAUSDT almost time to reenter for bullish continuation on the macro timeframe. See previous analysis for context
PREVIOUS ANALYSIS
OTHER ANALYSIS
After this upwards move i am more confident about future longs
I won't be suprised if price at first clear lows where my SL is and them rocket up.
At green doted bars i place my long orders. If the correction moves keep goin slowly like this, i am very sure about this position.
If someone want to join this train, green doted bars are pretty safe and high RR...
Forming a H&S pattern on the 1H on SHIB. Potentially it can bring a very decent trade in the next few days. I've been observing how often it plays out and it has a decent risk to reward ratio. BINANCE:1000SHIBUSDT.P
This scenario states that after completing the impulsive 5 waves (cyan) to complete wave A-red, price retraced 90% in Elliottewave WXYXZ-cyan pattern to complete wave B-red and now we've began the 5-wave (cyan) for wave C.
Note that the corrective wave A & B (red) could be impulsive wave 1 & 2
LONG #1000SHIBUSDT from $0.045781 stop loss $0.0452
15m TF. The instrument is in a steady uptrend. After completing the correction, the coin came to the level of increased volume from the left side, where the volume reaction of the buyer also appeared. I expect the continuation of the upward structure with the demolition of the maximum of 0.045781$.
Hello,
I noticed an upward divergence on a weekly basis with a target towards the supply zone.
The price has been accumulating for a long time and creating higher peaks.
EP:0.008728
TP:0.025812
SL:0.008121
After reaching 0.0146, it is recommended to hedge the position at zero and take part of the profits.
Don't give advice, make wise decisions.
SHORT #1000SHIBUSDT
1h TF. The instrument has formed a local downtrend with impulsive bearish candlesticks, indicating the predominance of sellers in this case. And the local level of support is confirmed by a lot of touches, indicating the accumulation of unrealized liquidity that participants are striving for.
As an input signal, I expect to see a smooth...
