Shibausdt
SHIB going for another printing session, bullish pennantSHIB took some heavy hits, but gladly pivot kept it in place. After that it went on a clean 30% rally if you followed my previous idea and took the average price entry. Current rally got blocked by FIBO, but seems like its forming at continuation patten and its about at the bottom right now. Good time to enter to either sell at the 0.382 fibo (6500 price range). Or hope for the best.
SHIBUSDT: Elliot Wave of Shib possible this ways.After forming a double zigzag and being in the third big wave, it can not hit more than these two waves and it is possible to return from the Fibonacci range of 0.618 or 1, which is the bottom of the channel and is also approved in terms of price action.
SHIBA INU (SHIB) ANALYSIS ...At the first i must say i don't have good feel to SHIB but it's a coin or shetcoin and this is one of the member of top 10 in market about value , So TRADERS must get good money to SHIB and get back to main coins just for some trade no more !
I set TP on the chart and you can see BUT again in must to say only TRADERS must work to SHIB no spot and hold .
Have a good time :)
Update Shib/Usdt 05/11/2021 Daily TFAs many asked about shiba, ok lets do it :
Shiba is at a current level actually that i can say "important" $0.00004694 if maintaining and uptrend from this to the next resistance. What we seem before its that on this level he bounced and reached a new ATH. So maybe its restet it and accumulate on this zone, the Daily Rsi also show that a possible explosion feom this level is possible. The room had enough place to make it happen
You can see all of tge triangle in my chart, if its break to the downside then you have the Fabionacci level support below .. 0.00003712 - 0.00002714
If Shiba can stabilize up that this major support , 0.000047 - 0.000049 and then break my triangle and start a uptrend.
The market is constantly moving so lets seeing, the large next volume of the community called shima army can definitely help to push it back or breake it to the downside if they continue to sell .
Strong support ( SHIBA 4h )(( please read the description ))
Today, the SHIBA coin was excellently supported at Fib 0.618 ~ 0.786, As I expected.
The first Target is to defeat the resistance, Profit can also be in resistance.
tip :
* MACD (It is a little early but it shows an upward trend )
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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Diwali Effect Indian SupremecyWith the largest number of Crypto COin holders in India not trading before Diwali Pooja(Worship) all cryptos were dipping, as the day progressed more and more trading occurred as a ritual tradition of Diwali festivity market is going up and will get back to normal, those who bought the dip will be super happy. i wish you all a Very Happy Diwali and Happy Trading
Best Guess for SHIB Shiba Inu SHIBUSDTI don't like shitcoins. But I do love dogs.
I know nothing of the fundamentals of SHIB, but it's likely a scamcoin. Still could pump tho. Let's just see what happens here.