Shibacoin
SHIBA INU #SHIB 4H Chart - Retrace!!!Update: 4H Chart shows 100 SMA supported prior price before the rocket ship. I put the fibs up as well. This is a crazy day for Shiba fan and ShibArmy #shiba #shibarmy
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. DO YOUR OWN RESEARCH! #cryptopickk #bitcoin #altcoins
#SHIBAINU TOP gainer for today!Insane how precisely SHIB following the Ripple old chart, here is compare link —
I think it would be too dangerous to entry at current price. Keep away from this market for few days before another pattern show up. This is great opportunity for taking profits.
Best regards
Artem Shevelev
#SHIB SHIBA INU WHEN IT RETRACES!Shiba Inu fans are having a great day and a really great year! I put a few trend lines put together to focus on both Price and RSI. Also, keep an eye on the 21 EMA as a possible support. I hope this one doesn't have a free fall!
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CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Shib Usdt | SHIBA detailed Technical AnalysisAccording to the correction levels of the first waves, formation or pattern usually reveals.
When we look at the first wave, it is seen that it returns from 0.618. In this case, if we draw a scenario over Elliot Wave, it is seen that the current HH exceeds 1.618. In this case, we can expect another correction wave from here.
If we go over the patterns and formations that may occur because there was no previous supply zone at these prices, we can interpret the Harmonic Pattern B leg as 0.786 at most. We can think that the correction can occur up to a maximum of 0.786. But in order for it to extend up to 0.786, the volume of the shib must fall to an extern level. I don't think that can happen.
For this to be possible, btc must experience a rapid decline below 50K. However, this may be possible. Or the current price should increase a little more to 00068 and the price should return from there.
When we look at the indicator data to see if this is possible, I think it is not very possible. Rsi is currently at 87 when measuring. It can go up to 100, this is possible. In this case, it can come to the level I said in price. According to the money flow indicator data, they are still at a level that will allow for an increase. My example Cmf lasts up to 0.50. It always exploded after 0, 40. Considering that it is now at 0.19, there is no problem in its rise in terms of CMF.
However, this does not seem possible in terms of Trend indicators. ADX Momentum and Aroon are almost at the final level they can be right now. I don't know if it will go any further. Frankly, there is no historical data for other commodities that I remember about how far they can go. I don't know if there is. Generally, adx 40 returns when other indicators support around 50. Currently at level 66. In other words, if we evaluate the trend with trend indicators, the Elliot 3rd wave trend should turn and the 4th wave should be happening now.
Based on all these, I will dwell on the possibility that the limits of the price retracement may be at a level between 0.382 and 0.5.
This measurement is the image that supports our Elliot idea;
A correction at 0.618 followed by 1.618 has been surpassed. But the thing is, 1, the correction length of the wave is too much as you can see. In this case, we can theoretically expect the correction of wave 3 to be shorter or less than half the distance of 1 and 2.
When we make a data-independent graphical measurement, considering that the 1st wave is 170px long and the 2nd correction may be in half of this, this corresponds to the fib 0.382 levels.
Now, when we want to re-measure the correction as a harmonic pattern, waves 2 - 3 - 4 and 5 can reveal a harmonic pattern for us. When we measure this by constructing it, we can estimate the price levels on average.
The most common bat and crab patterns with 0.382 . When we make an evaluation and simulation on these two, we come across pullback price levels between 1.618 and 2.618
Even if prices were to retrecament to 2.618, it would not be possible without encountering resistance at 1.618. In this case, 1.618 can be considered as a new entry position and considered as a six-stop or partial buy.
The length of these patterns can get longer or shorter depending on the current BTC movement. The point to note here is the price movements of btc.
If all of our assumptions are supported by price movements, the Elliot 5-A-B-C triad will reveal a new harmonic pattern and start a new trend. When C is reached, the indicator values will be rested enough to remove a new trend.
p.s NOTE: This is not investment advice.
we entered take profit zone in shib It sounds like i am bear, but i am not bull or bear i just long or short by what's showing in charts.
SHIB run reminds me DOGE run. which left so much retail underwater.
my advice is take profits now. smart money will get out now. only greedy souls buy at these lvls.
there is low vol at these lvls. so better get out.
GREEN highlights are target zones if u want to short : ) GL NFA
Beware, Shib manipulative coin that technically walksToday, let's look at what kind of price Shibusd can expect in the future
But first let's look at our previous idea from 4 months ago.
After its publication, the Shibusdt price dropped 40% as we expected, giving a very tasty price to buy for those who like to trade manipulative pamp coins. What followed was a 4-month accumulation of a range $0.00000500-0.00001000 position. And after a manipulative “miracle” happened — Musk's tweet with a new Shibainu doggie and starts x3-x7 price pamp (depending on who was buying where) in the Shibusdt pair.
We want to warn newcomers to the crypto market, such pumps can drain a lot, be careful and don't enter SHIB coin at theoretical highs.
Safe long from $0.00001800 or after sure fixing above $0.00003500
Global target from above $0.00005200
Below $0.00001800 is a danger of SHIB price fall to accumulation area of $0.00000500-0.00001000 again.
Good luck to you
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SHIB Cup and Handle coming?Unpopular opinion here. It looks like SHIB just moved up in 5 waves. Volume and power was shown in the 3rd wave, but dropped off in the 5th. Now bearish divergences are showing up on the RSI. Prepare for a retrace back to the 0.618 or 0.786 levels of the total move before finding support at the bottom of the handle. I'm selling here and buying back alot more SHIB in a few weeks.
SHIBA INU - SHIB - Last chance to get on before take off???Wedge showing 0.00003 is barrier, once breached, I can't see us coming back but the charts will tell. If we don't break out, we break down.
Ignore the market cap on this on. Hopefully the burn can remove another zero. Post burn? 0.0003 is the next target! That's a 10x Robinghood listing will push it there on momo.
I'm on charts and fundamentals on this one. I trust a guy who land rockets. I've got a serious amount of money on this pony.... ughh.. i mean dog.... LOL
Enjoy the ride and on a coin like Shiba Inu
The beauty on this trade is that it's NOT a shitcoin! Imagine! It could be clear #3 winner by end of 2021. And #1 winner for 2021?
It's a true community, non-profit project with a lot of eyes on it. It's Bitcoin without the baggage and with a smile!
github.com
Read the WOOF (whitepaper) on this. Migration all my other shitcoins over to SHIB because SHIB is #3 coin just after BTC and ETH. With those three, you have pretty much a good set of coins in your digital wallet!
Enjoy and do good with your fortunes.
$SHIB.X all time highs coming with more momentumWow look at that $SHIB Volume Point of Control (yellow line) around *.*46 and that MACD. So many bullish signals I can't put on one chart alone...
Shib: Need to step up buying pressure, rising wedge on 4hrAs much as I would love to see us skyrocketing, we also need to be wary of the rising wedge forming on the 4hr. If we don't step up buying pressure and break that top resistance we could 'potentially' see a breakout to the downside. As the rising wedge is commonly (as far as my knowledge goes) a bearish signal, my prediction is that if we don't break resistance, we could see a pullback at the later times on the 27th of October or the early times on the 28th of October.
Prepare the diamond hands and get ready to hodl, lets go ShibArmy!
WHAT NEXT ON SHIBA?Hello trading friends,
✅I hope you have all a great day.
This is a short update for SHIBA ARMY depending on the last signals and trends.
We did add before this update about the increasing trend for SHIBA
the Day today we see a good increase trend on Shiba, and also the hype that it has.
Update
Shiba is still into the increasing trend - but we should focus on the black line on the chart, we should hold that line, as its important power line, and the trend line for the further increase trend, if we breakdown back to that line and we breakdown it with confirmation line, SHIBA could enter new short time.
Trade on more price actions targets, and don't focus only on 1, as we know charts prices can go all sides.
Have a great day!
Shibainu is going to 0.000032, good place for short positionsThe Shiba has corrected to the 0.000041 level, but buyers cannot rise above the 0.000044 level. This indicates that buyers are not ready for new highs, there is a downward trend in the pair. I consider this place to be ideal for short positions with a target of 0.000032 for several days.