Been trying to resolve some of the short term ambiguities of crypto charts and SHIB seems to be giving a pretty nice read. I am expecting an across the board lower low in an around a week as marked on this chart.
Price has been pushing up for a few days now and this has been great. I am still conducting research and analyzing SHIB, but do have some thoughts currently. I am thinking, SHIB is likely to continue higher after it has a decent pull back. This might happen at the 0.000015 to 0.00002 lvl. There are those that likely bought at 0.000006 or somewhere near here...
Hi everyone,
Hope you all had a great weekend. After SHIB broke above the monthly indicator, price skyrocketed to 0.00004575. Now, we're seeing a weekly crossing the monthly which indicates a strong acceleration in price to the upside. Current price target is $0.00003275 and second price target is $0.00004998. The daily is acting as support as this manifests. As...
I still prefer dogecoin
HOWEVER, I think there is a chance to make money on a lot of things
SHIB is one of those for a lot of reason.
Technicals is the focus here so I'm not getting into fundamentals
Here is the chart
All rejection trends, no support trends, however they are all trading in the bullish direction
This chart has some sell targets (light red)
Buy...
Shiba Inu Has formed a Double Bottom on the1HR timeframe. Take into consideration a possibility of another bottom.
Shiba Inu will run up when Correction is finished.
3M
RSI is declining.
MFI is holding steady.
6M
RSI is topping and becoming overbought.
MFI is in a decline.
1Y
RSI is falling.
MFI seems to be pushing up.
Prediction: We are going to fall around 0.00003 and 0.00004 and test this area. And with the MFI on the 1Y increasing, I believe after the "3 and 4" area is tested it will continue upwards.
For my...
Complete BULLFLAG and pennant of it.
This is a complete bullish form to breakout bullish; I don’t see any signs of bearish but Shiba is on fire keeping the bulls stable..
During breakout Shiba should get visit back to the recent all time highs and should meet new all time highs; but it doesn’t stop there until Shiba hits $0.01 including $1
Shiba is already now...
auto fib flipped on the daily.
rsi looks healthy.
timeline looks to play out through the end of april into may after halving.
the closer to halving the more attention crypto will have. shiba is still alive, just heavily shorted at the moment. shorts will have to let up eventually. burns are still in effect. supply is getting scarcer as times goes on. be...
Shiba Inu has been in consolidation after a massive breakout last month. The daily timeframe shows the RSI reset around 50 and the Stoch RSI looks bottomed out and reversing towards an upswing. With the Bitcoin halving only weeks away, a breakout of this pennant should be considered a massive bullish move. However, we are all bullish on Shiba. We should know...
Abstract: The Shiba Inu (SHIB) market presents a quiescent façade as technical indicators converge, suggesting an impending volatility expansion. The current technical disposition on the 4-hour timeframe delineates a consolidation pattern, within which SHIB's future price trajectory is being quietly debated by bulls and bears alike.
Analysis:
Shiba Inu's price...
SHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside.
The price has already risen to $0.00002864 , which I view as a breakout sign.
Resistance Levels to Monitor
- The first hurdle for SHIB's bullish momentum lies...
Shiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a
sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps
time for a rest. The chart shows the breakout and then extension above the VWAP lines that
are trying to catch up. In proper risk management. I will take half the position off...
