Shiba Inu to Consolidate and Keep GoingThis is not financial advice, but my fundamental analysis of this coin has shown that it truly has the gas to outlast and outperform DOGE coin's growth and use potential. With recent comments about Shib from Robinhood's CEO, many are left wondering which DEX will list SHIBA INU next, and whether or not SHIB will in fact become Robinhood's 8th Crypto holding option. With Elon Musk tweeting about Shiba Inu just a few weeks back, momentum is still building, and Shiba INU may just be getting started.
-Additional burns incoming from Shib as well...
Shibarmy
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 23OCTUP 500% since first post and it NAILED! and penetrated the Post Triangle Thrust projection! So if this was a wave 4 triangle there is a POSSIBILITY this move could be done, PA even hit a most likely target for a W5. Going to watch these area to see if they hold as support or break below and turn into resistance.
shiba ready to moveOK, #Shiba did well in the last move.
Looking at the chart, there is a beautiful symmetrical triangle:
THE MOVEMENT IS NOT OVER.
The symmetrical triangle is broken up and confirmed at the retest.
Put a long, might turn out to be wrong because of btc situation, but still a good opportunity.
Put a stop loss just below the triangle, and be careful about shadows. #dyor
Don't forget money management. Manage your risks.
Good luck,
Median Eagle.
SHIB/USD extends wave five estimates to the upsideSHIB has taken off after a period of consolidation at 0.00002972 and 0.00002775 estimates per the previous analysis.
SHIB has also taken out three major levels at 0.00003195, 0.00003639, and 0.00003816 and extended wave five to the upside.
SHIB could continue to the next major estimate at 0.00004336 if it remains above 0.00003816
Shiba Inu! Excaltly what I predicted. Shiba Inu! Exactly what I predicted! LOL! It was on a bullish pennant and reached the ATH. Now will it break the Resistance to the upside? Or we will a see a double top and or a correction?
Shinba Inu about to go parabolic and hit .001!!!Strap in moon boys and girls! SHIB is about to hit .001!
Shiba Inu is the DOGE KILLER, I do believe in this project and I know that it is more than just a meme coin! To simplify, it is Doge coin but BETTER...
Lets see what we can expect, when SHIB beats DOGE!
If you plug in a market cap of 32,863,452,147.73 into SHIB which is current for Dogecoin, 23OCT2021, that brings the price of SHIB to $0.00008347,
1Million SHIB would equal = $83.47, 10Million SHIB = $843.7, 100million = $8,347, 1 Billion = $83,000!!!!!
if you plug in a market cap of 88,680,824,303 into SHIB which was Dogecoin's LARRGEST ever market cap on 7th MAY 2021, that brings SHIB to $0.00022462
1Million SHIB would equal = $224.62, 10Million SHIB = $2,246.2, 100million = $22,24.62, 1 Billion = $224,620!!!!!
And these prices are completely reasonable because this is what you could see SHIB do if it just does what DOGE did. I believe SHIB will outperform DOGE in every aspect THIS YEAR!
I DO NOT BELIEVE SHIB WILL GO TO 1 DOLLAR THIS YEAR OR 10 CENTS, The market cap would have to go higher """"BUT!!!"""" with more coin burns with the incoming adoption, utility, events, NFT naming using burns, and developer projects implementing burns It very well could go to 10 cents in 2025, big fat maybe 1 dollar!
HOWEVER, just from standard TA you can see SHIB is about to go PARABOLIC naturally.
April 14th, 2021 we saw a large pump and then consolidation for 20ish days THEN May 9th, 2021 it went parabolic to an incredible ATH!
NOW Oct. 1st we saw the beginning of a pump, then we saw STRONG consolidation for 20ish days NOW, as of today! OCT 23rd, 2021 we are seeing a massive breakout to the upside! Is this the beginning of the next PARABOLIC MOVE!?
I do think so, if it mimics what it did in April we can expect a price of .0001 EASILY
if SHIB doesn't go parabolic and just breaks out of its current bull pennant that formed we can expect a price of .00006
if it goes to .00006 the community is going to have a strong buy just to beat DOGE putting it at .00008 because it will be so close! SHIB will be talked about everywhere because it finally killed DOGE and it will most likely go parabolic and if it matches Dogecoin's parabolic move it will go to .0002!!!
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 23OCTDANG! NOICE! Charts have been hitting pretty dang good, MO. Check them out below! So now what? Well with out going into the boring Elliott Wave stuff, lol, pretty much helped with the swing expectations, but here is a target IF IF IF it was a W4 contracting triangle. May expect a higher target depending how this move plays out. 1st thing is 1st, lets see an ATH!
SHIB/USD BOTH PERSPECTIVEIn worst case SHIB also can drop to his support 2 or 3 ,but stiil remains bullish by bouncing off on the 144 WMA ! and going up from there again making BIG moves !
support 2 (and/or) 3 are very good buy potentials in my opinion if it would drop ^^
NOTE! watch related idea for both perspective!
LIKE AND FOLLOW FOR MORE !
( i am not a financial advisor )
SHIB/USD BULLISH FLAG ?It's pretty soon to call it a bullish flag but if SHIB can create it ,then i believe strongly it will meet his resistance zone! i will keep an close eye on support 1 @0.00002495 and support 2 @0.00002265
if it can keep bouncing off and the seller will get weaker it will create a bullish flag.
SHIB is till bullish and only testing his resistance zone once , so i believe strongly it will meet again.
LIKE AND FOLLOW FOR MORE !
(i am not an financial advisor)
What SHIBA INU CEO Just Said about RobinhoodLast night Jim Cramer asked Robinhood CEO Vlad Tenev about adding Shiba Inu coin to the exchange. He didn't exactly answer the question by saying "no" but instead, simply mentioned that they only offer 7 coins for now, but that everything must go through stringent criteria before being added.
A report from thedailysats.com stated:
"If Tenev did confirm it, the news would have caused a frenzy causing a pump and dump. Therefore, keeping it hush-hush would also make sense. While one can only speculate, only time will tell if the exchange is actually listing the wildly popular dog-themed cryptocurrency."
Personally, I believe that some big things are still in the works for Shiba Inu as so many retail investors are taking notice. I'm going to keep an eye on this one as I believe that it has potential to outpace DOGE over the long term.
SHIBA INU BULLISH??Hey guys what's good! So here I have my technical analysis on the crypto currency SHIBA INU . As you can see on the 4H chart it is clearly forming a bullish pennant/flag. For those of you unfamiliar with this pattern, it essentially is in a period of consolidation which rises higher and higher and will eventually break and rally upwards. It is squeezing more and more and I can see the breakout happening soon possibly next week. This would be a great buying opportunity to new investors as well as current ones to buy more tokens. My price prediction realistically can be anywhere from .000045 - .000075 after this rally. This is my personal view on the technical side, Diamond Paws baby XD COINBASE:SHIBUSD
The RSI indicator is also a factor in which I believe It is going to rise it is clearly below the 30 level. This paired with the overall analysis points toward a breakout of the bullish pennant.