Shibunacci

Shibunacci Updated 

Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀 📉 Analysis: Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency. 📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a...

Shibunacci

📉 Bitcoin Analysis: Rejection from Bear Flag Pattern on 4-Hour Chart 📊 Analysis: Bitcoin appears to be rejecting from a bear flag pattern on the 4-hour chart, indicating potential further downside. 💲 Current Price: Bitcoin is priced at $64,100, showing signs of downward pressure. 📉 Measured Move: The measured move of the bear flag pattern points to a target of...

Shibunacci

Macro bullish-engulfing yearly chart. 🟢 Unstoppable Ascent (2009-2012): A solid start, Bitcoin embarks on an upward journey, laying down the foundation for what will become a digital gold rush. 🔴 Moderation in Momentum (2012-2015): The red candles suggest a period of consolidation, a breather where the bulls and bears are at a tug-of-war, testing the resilience...

Shibunacci

Short-term DXY Analysis: Navigating a Diamond Bottom 📈💎 The US Dollar Index (DXY) is a critical indicator for currency traders, reflecting the strength of the USD against a basket of major currencies. As of mid-April 2024, here's a concise analysis based on the current market scenario, recent technical patterns observed, and economic events: Diamond Bottom...

Shibunacci

🔮 Unveiling the hidden phases of BTC's rally. 📈 Charting the consolidation symphony with a symmetrical triangle. 🌈 Rainbow indicators forecast a spectrum of possibilities. 🚀 Ready for breakout or fakeout? Tighten your seatbelts! 🎶 Inspired by the classic vibes of Pink Floyd's masterpiece. 🛑 Risk management is our 'Comfortably Numb' zone. 🧐 Eyes peeled on the...

Shibunacci

shibunacci - "The more you examine it, the more it begins to make sense and truly astonishes you. 🧐 This observation underscores that the concepts of support and resistance are not static; they evolve dynamically, influenced by various factors, time being a primary one. ⏳ Understanding this can significantly enhance our strategic approach, as it reminds us of the...

Shibunacci

"DISCLAIMER!! This is a 'worst-case' scenario/theory which is still bullish. Bitcoin also has a "monthly bearish-divergence on monthly, which would be the first time this has printed on the Bitcoin: INDEX chart. Also there are other variables such as black-swans/wars, CME-GAP, Declining volume on this whole 'rally' up. Also the first time Bitcoin has made a new...

Shibunacci

Dive into the financial cosmos with this hyper-advanced Bitcoin (BTC/USD) chart-art! 🎨✨ Straight from the year 2050, witness candlesticks that glow like neon constellations against the abyss of tomorrow's market. 🌠💹 Every wick tells the tale of volatility and vision, with luminous, multifaceted triangles 🔺🔻 mapping out the gravitational pull of supply and demand....

Shibunacci

🔮 Trend Indicators The chart shows a downward trend with lower highs, suggesting a bearish sentiment. 📐 Support & Resistance Clear resistance levels formed, indicating difficulty in price rising past certain points. A support level seems to be tested; a break below could signal further declines. 📊 Volume Analysis Spikes in volume accompany price drops, possibly...

Shibunacci Updated 

The chart provided shows a triple bottom formation, which is a bullish pattern indicating potential reversals after a downtrend. This pattern is observed by three distinct lows at a similar price level. The recent "Morning Star" candlestick pattern, which is also a bullish reversal indicator, suggests a potential increase in buyer momentum. In combination with...

Shibunacci

The current price of Dogecoin (DOGE/USD) is $0.1927. 💲 Analyzing the daily chart, Dogecoin is forming a rising wedge pattern 📈, which is often considered a bearish chart pattern 📉. This pattern suggests that while the price is currently trending upward, a potential reversal and downward correction might be on the horizon 🔮. The convergence of the trend lines...

Shibunacci

Looking at the chart, it appears that VTHO has experienced a breakout from a consolidation pattern. The movement after this breakout is what we typically focus on for a prediction. Based on the script, your indicator uses pivot points to determine key levels of support and resistance, while also incorporating Fibonacci retracement levels for additional...

Shibunacci

Ethereum Classic (ETC) is trading at $33.64, which is a rise of $0.65 or 1.96% from its previous close. Analyzing the daily chart for Ethereum Classic paired with USDT, the price action suggests a resistance/support (S/R) flip, a technical occurrence where a price level previously acting as resistance becomes support after the price breaks through it, or vice...

Shibunacci

Target Analysis: The chart has a label pointing to a target price of approximately $63,949. 🎯 The drawing suggests a bearish outlook, possibly anticipating a decline to the indicated price level. 📉 Key Observations: The price of Bitcoin appears to be forming a rising wedge pattern, which is typically considered a bearish pattern. 📐 This pattern often results in...

Shibunacci

Looking for a bounce on support on 4 hour seen in shibunacci indicator, 0.03396 #short scalp, buy the dip #NFA

Shibunacci

🐻 Bear Flag Formation: The chart shows a bear flag pattern, outlined by yellow lines, suggesting a potential continuation of the downward trend after the consolidation. Watch for a price rejection at the upper trendline of the bear flag before a possible move down. 📐 Fibonacci Retracement Levels: Critical Fibonacci zones are plotted: The 38.2% level at about...

Shibunacci

📈 With the current price of Bitcoin at $68,700, the marked levels can be analyzed with respect to this price: 💸 $64,081.71: This level is now acting as a support level since the price is above it. It could be a recent swing low or an area that previously had significant trading activity. If the price were to retract, this level might be where buyers could step...

Shibunacci Updated 

The identified critical pivotal Bitcoin price target level of interest was ambitiously placed in the $68,472-$69,200 range: this was an area the price was likely to reach based on the historical resistance or upcoming price patterns. On the flip side, the two pivotal levels of interest reflecting potential critical support are around $60,600 and $58,000; as the...