Status: Shiba (presumably referring to Shiba Inu is currently at a point of hesitation between bullish and bearish sentiments. The market appears to be in a state of indecision, with conflicting signals indicating potential shifts in either direction. Traders and investors are closely monitoring the situation for clearer market direction.
Mostly guided by previous big supports/resistance from previous bull run. Expecting a bounce in the box (.00002) and looking to make a run again to the .000033 resistance
In this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and...
$SHIBA is currently forming a falling wedge pattern and is expected to break out soon. However, its success is dependent on CRYPTOCAP:BTC 's performance.
Let's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said on her tweet in 20/03 to expect a new ATH around the halving and mentioned buying the dip , let's see that the buyers on this...
I'm writing this for majority small Investor who I hope they can benefit from the correct pricing structure of this asset and understanding how real market moves. It is not my trading portfolio but it may benefit some people.
SHIB X RIGHT PRICE FOR 2024:...
Hit my buy target over the weekend, see previous post. We are sitting ok at this level. Bulls are putting up a little fight, sellers seem to be not as aggressive here. "IF" we break below this area, my next buy target is .000024, If we hit that I will re evaluate.
Remember, we are likely heading into a bull cycle, and its just begun, this gives more time for...
We have entered into the upper trading range with good volume, Now targeting .00003192 as my accumulation are, if we don't hit it so be it, but this is the true support, see LVN, LVS are areas where you see the lack of aggressive buyers or sellers depending on which side of the PoC it is, Top or Bottom.
It will be interesting to see, .0000.3731 is a really...
The price seems ready to take off; now is the time to watch SHIB closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000314$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000325$
2. 0.000034$
3. 0.0000355$...
Hello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair,...
🔮 #SHIB Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #SHIB. We are just waiting for a perfect breakout. If #SHIB breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $0.00003020
⏳ Target Price: $0.00004454
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according...
Shiba inu forming a volcano and there is a high probability to form a big ash of smoke of what has been burned to go with the price high level, just watch
Shiba is placed in this triangle, I see it as bullish, but there are buy downs in it, we have to wait to see which direction it will go in the end. After leaving the trend lines and the triangle.
I'm bullish on SHIB. I like what it does on lower timeframes. I believe it will explode around May or maybe even sooner. Here are my crazy (not so sure if it's crazy enough) targets.
SHIB broke the resistance trendline previous week, and is currently trading above the upper band of triangle, so more bullish wave could be expected once BTC does well.
Shiba Inu broke the resistance trendline, and a bullish continuation is expected! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000307$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000315$
2. 0.0000325$
3. 0.0000335$ ...
SHIBUSDT is likely to continue it's streak for Higher Highs and Higher Lows. On an hourly timeframe, SHIBUSDT printed an inverted Bullish Hammer which suggests that the Bulls will be dominant.
