Shibarmy
SHIBA INU PredictionsG, day Trader.
Let's follow up on our previous prediction of this altcoin (SHIBA INU). After a recent almost 300% upside move, its completed 50% fib retracement / corrections.
And stabilize on consolidations area (swap zone). Based on my personal experience this is due to the expansion waiting game for the next move, the longer price staying in this area the bigger move gonna happen. Just compare with previous sideway for 5months before moving 300% upside move.
This might not suitable for day traders, but if you looking for long term investment return this is your opportunity to stake up your bag.
Let's see what gonna happen next. Cheers.
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 14OCTRepost: New: Channel from chart acted as resistance. Fell below a pretty big flipped area and finding resistance on it now. Old: So it rejected from the area in the last chart and is barely holding on to the current support. Looks like the Talon Range is catching some pivots so keeping an eye on this and the support/resistances from my other charts. Also have some Elliott Wave counts Im watching out for and their invalidation area, a break of a pivot could change things but, as always, hunting for clarity. With the dropping volume , seems like the structure forming is corrective in nature ATM, it was quite a quick run up. Breaking 3206 would be a good start for the bulls!
SHIB/USD SHORT (BREAKOUT + RETEST)SHIB broke out downward!
I think it will also break the support(1) @0.00002760
and will find his support(2) back 0.00001800 or will touch support(3) @0.00001535 and rise again to (support1) @0.00002760 or his major resistance @0.00003530
What do you think ? let me know! ^^
One thing is sure! i will buy again when it hits support (2)or(3) :D
FOLLOW and LIKE for more!
triangle breakout forming then looking to test daily look at how the AD has bottom w/ price action and is currently sitting in a triangle
SHIB BLASTS OFF!!!We are yet again sitting in a period of indecision, price not only sits at an area of resistance but near an all time high.
Both directions will determine the coming months, should the market break out of resistance and fulfill other bullish indications, $Shib will see new highs .00007-.00009 or even one zero cancelled again.
but should price drop it would find stability mid bull run waiting on an accumulation of buy contracts. but that shouldn't make you sell off your positions. And its not late to BUY!
Note check the link previous chart to see the first call and this is an update on the run.
multiple inverse head and shoulders patterns forming on multi TFlook at the 1min, 3min, 5 min time frames and you'll see an inverse head and shoulders bullish trading pattern has already formed. They will continue to form on up through the higher time frames. this is called multi time frame trading. The move continues until invalidated. However, we already know the AD has shown us .00007 and .00009 (being the FOMO PRICE) i'll likely get out of my position around 00007
This is also the future right shoulder to the inverse head and shoulders on the higher time frame. see other charts
Time for a breakout ! UP or DOWN ?If SHIB breakout upward and retest the trendline it will rise again to its major high @0.00003530 ! If downward ... then i think it also going to break the daily support and support 1 @0.00002760 . But will be catched at support 2 @0.00001800 .
If so? then i will buy the dip! :D
SHIBA INU - The Dog Is Going For A RunAnalysis:
- Fibonacci Retracement
- Trendline Analysis
- Liquidity Point Analysis
- Support & Resistance
- Structure Analysis
Black S = Support / Black R = Resistance
Green S = Supply Zone
Rocket Ships = Buy The Dips
Smiley Face = New ATH
Opinion:
Shiba Inu is getting ready to go on a bull run
I expect there to be some good news coming in the next few weeks
I am glad I have been accumulating at these lows
Woof Woof :)