SHIB is ready for recoveryRemember the addage "the longer the base, the bigger the boost?"
SHIB and other cryptos have fallen along with tech and now tech is making a return
NVDA is seeing new investment and we appear to be seeing a recovery in cryptos
there's been a long flat base for the last 4 months and a doji on the monthly indicating a reversal
SHIBUSD trade ideas
Weekly $Shib MACD Turns GreenI can say that I’ve been waiting for this Moby Dick to appear. The momentum for crypto is happening again with BTC touching 24k again. It’s the time to make your own power move. Listen to your own voice and decide how you want to play the rest of the year. At the same time, I’m done listening and watching the devs of the shib token dangling Shibarium and Shib Eternity. I’ve done my due diligence and will be happy when crypto is more ubiquitous. Thank you for reading my musings on here. Cheers!
Rainbow BridgeHello traders and investors,
My chart shows the Weekly MACD turning green, and the support for shib is above the 50 DMA, 100 DMA, and and 200 DMA. I’ve been tracking an inverse head and shoulders forming. There are some zones that will invalidate that thesis; but so far, the steady growth and support shows a steady uptrend that can flip most lines of resistance. Let’s see how high the RSI moves before cooling off.
FTX:SHIBUSD
Is this what everyone is excited about...😆Maybe
Maybe not
It will definitely go up.
Just how high will it go is the question.
It's really up to the traders.
Bitcoin and Ethereum will need to go up at the exact same time for a big momentum boost.
Bitcoin 28k
Eth 2000-2200
Shib .00005 to .00006
In sequence at the same time.
Cup and handle to start the week ?????IMO shib is where some good gains can be made in the short term and best believe it will always have people hoping it will reclaim all time highs. I do however think it will shoot up to .00002 before we know it, and it will be quick so keep an eye out. Always do your own research and good luck my friends. Long term outlook is well....uncertain. I use the 30 min chart alot and it seems shib is following the 100 day MA over last week. Anyway, all this burning going on too...I dont like care for burning however i will capitalize on others greed. ALWAYS AND I MEAN ALWAY DYOR. Do not listen to half these people on youtube shilling to fill their pockets, be your own judge and jury and executioner lol