DO YOUR OWN ANALYSIS!!!!Currently it is near resistance level and can show retracement . It will continue in consolidation phase which is shown in a box . If it breakout or breakdown the box or trend line then it can a show a strong move.
SHIBUSDT trade ideas
SHIBA INU CONTINUES ITS PIRCE RALLY, OTHER CRYPTOS KEEP LOW KEY Today, the top cryptocurrencies are not in a good place as the price of Bitcoin and Ethereum is going down. Analytics Insight has listed the top 10 current cryptocurrency prices on November 1, 2021
Bitcoin- US$60,646.29 (down by 1.41%)
Ethereum- US$4233.06 (down by 3.18%)
Cardano- US$1.93 (down by 2.40%)
Binance Coin- US$512.82 (down by 2.74%)
Tether- US$1.00 (down by 0.11%)
XRP- US$1.09 (down by 2.43%)
Solana- US$203.05 (up by 4.86%)
Polkadot- US$42.39 (up by 1.39%)
Shiba INU- US$0.00007182 (Up by 6.72%)
Dogecoin- US$0.27 (up by 0.16%)
Shib Inu is looking good Shiba Inu is completing wave 4. Expected to complete by Nov 7 approx(can be incorrect).
Wave 5 may take it to further 200% upside.
Disclaimer: I am an early learner of wave theory and my analysis can be wrong. This is just for an education purpose. Pls analyse and invest.
HAVE BULLISH MOVE ON SHIBUSDT every time it declines it get a retracement of 61% and it follows wave theory it has a major target of fib exc of 100% and if it breaks it achive a target of 161.80% of FIB EXTENCION
Repeating the hisoric pattern !!!!Waiting for Robinhood listing...
Shib inu is repeating historic handle stick patterns
Entry on every dips
3x possible from here
(Invest only what you can afford to loose , since alt coins are heighly volatile)
SHIB BullishA Parabola Is being formed once it's completed we can hope for a big bullish momentum very soon. It's just normal retracement guys we are going to the moon.
Everything seems clear in 4hour chartAfter Touching ATH the price finds a support at yellow rectangle box . Which is also a buy zone(Partial) and tight stop loss below that . And if Breaks out the forming triangle then new ath is coming .
Well how much ?? First target woas at 12200 level but us there the rally go over , then i think no ..another parabolic move loading .
This is for educational purpose only .Kindly do ur own research before investing in any Market .
Shib to the moonHoping for it to break the triangle at the top, we are seeing a upward breakout shortly. Strong upward movement possible once it breaches the triangle.
SHIB 🚀🚀🚀🚀$SHIB retraced back from the golden zone of the Fibonacci, might go for a new high. Keep up with the coin, as we cant trust a memecoin.
SHIBA INU BIG UPDATEWe can see new high, if SHIBA will cross above the triangle zone. You can ac cumulate only if #Shiba crosses above the triangle.
shib channelshib chart new shib chart new shib chart new shib chart new shib chart new shib chart new shib chart new shib chart new shib chart new
Shiba Inu very bullishShiba Inu is very bullish
MACD crossover can be seen soon.
RSI bullish
Triangular pattern breakout
It can retain its all time high soon.
Good for 23% rise from current level
Disclailer: This is for educational purpose. Invest at your own learning/risk.
Price acting gently accordingly to the trend lines as of now Symmetrical Triangle need to be broken up side for further bull run and if breakdown the local support then major support was on 0.00005685 and if further break down then 0.00004995
my idea is to exit if 5700 level breaks
The giant taking Some restI simply don’t understand why most people panic when they make a 10x profit in small time frame but can’t bear 20% correction to go …
well well i am strongly more bulllish on shiba then before ..both technically and fundamentally.
why ? It made a Large bull run last 3 days so it surely need a correction that’s what he doing …Taking rest forming an Symmetrical triangle ..Two support what we can see here …
so stay alert on those …if break down then only i will exit other wise I m hodl ..
my analysis if for education purposes only..Do ur own research before investing .
SHIB possible moveIf it breaks the current pivot with volume it will bounce back to recent high and will try to eat one more Zero at that point profit booking. major levels are given lets see how it goes #fomoisreal
SHIBUSDT ShortSHIBUSDT Short Setup
TPs are mentioned in the chart
SL is mentioned in the chart
Low Lev Only
TRADING A BREAKOUT ft. SHIBWhile trading a breakout make sure you follow this strategy:-
1) Spot a bullish/bearish pattern (LONG/SHORT)
2) Look for a solid BREAKOUT by a green bullish candle (for if you're going long) and red bearish candle (if short) accompanied by a rise/fall in volume and bullish/bearish RSI (preferably above 60 for long & below 40 for short)
3) RETEST - A candle that touches your breakout zone and make sure it does not close below the zone. Most traders buy here but if you are still doubtful, after all Every trader has FOMO (Fear of missing out) and it's normal :)
Then always wait for a confirmation candle which should give a solid buy signal, a bullish (For going LONG) & a bearish (If short)
Usually I take 1:3 RISK-TO-REWARD Ratio so set a target, Stop loss and you are all set to rock.
THANKS FOR READING.
Presented to you by Lekisha Katyal
FOLLOW for more investing/trading ideas
SHIBINU IN SYMENTRICAL TRIANGLEhere previous bull run is based on wave theory and at present also there is a impulse wave based on correction of fib retracement of 61.80% and also there is target of 100% based on fib exe of 100% with respests in previous bull run if it breaks down it has a major support at $ 0.00002951 and it can achive the target
SHIBUSDTThere is a long consolidation or sideways price action seen within parallel channel,
when it has given breakout, there was a good intensity of volume at breakout candle,
also it was along with trendline breakout in (RSI) relative strength index too, so it was double confirmation
as per channel breakout, target should be equal to depth of channel, which was achieved almost double.
one can go long in this type of scenarios with stop loss of Low of breakout candle, because there was a good volume.
Another breakout seen in flag pattern with increasing volume and rsi breakout same as above, which was again double confirmation.
here target as per flag pattern should be equal to highest depth of flag pattern, which was achieved very nicely,
one can go long in this type of scenarios with stop loss of Low of breakout candle.
These types of patterns are working very wonderfully in any type of stocks, commodities, forex etc. etc.
Usually risk reward ratio also allows to trade in this types of patterns.
Enjoy Learnings,
Thanks.
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Massive pump on SHIB soon?Though it is a meme coin, SHIB has been in the news a lot and has some positive news about it too. The breakout and pullback has already formed. It has already bounced back from the golden level on Fibonacci retracement. Everything seems bullish!
SHIB under correctionThe support for SHIB is near 3500, and resistance is 4500 area. After the last rally SHIB is under correction now. If you are holding SHIB, then you can book some profit or hold with tight stoploss.
Posted for education purpose. Please trade at your own risk.
SHIB inu going to moon, falling wedge has been broken!!Technical analysis:
#SHIB(Daily update)
* SHIBUSDT is BREAKOUT the falling wedge pattern, the beginning of an uptrend is expected from here.
*The price is trading ABOVE 21- MA as well as 50 MA, LOOK too bullish when ever its trade above the both MA's as well as downtrend.
Take Profits,
TP1= @ 0.00003131
TP2= @ 0.00003920
TP3= @ 0.00005019
TP4= @ 0.0001
SL=close BELOW 0.0000950 on daily bases.
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