SHIBUSDT trade ideas
SHIBA's correction will continueAccording to the structure of the waves, it seems that the SHIBA correction will continue.
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SHIB ANALYSIS🚀#SHIB Analysis : Breakout and Retest
🔮#SHIB has broken out of a symmetrical triangle pattern in 6-hour timeframe
The breakout of the symmetrical triangle pattern suggests a potential bullish move📈
Expect a bullish wave of around 40% in the coming weeks🐳
🔰Current Price: $0.00002771
🎯 Target Price: $0.00004388
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Cryptocurrency #TechnicalAnalysis #DYOR
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it!
Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here:
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CryptoCheck
BINANCE:SHIBUSDT
Shiba Inu Ready to take-off! The price seems ready to take off; now is the time to watch SHIB closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000286$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000297$
2. 0.0000315$
3. 0.000033$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Will history repeat itself for $SHIB? $0.0001 is quite possible!Based on the pattern observed during the previous bull market in 2021, it is quite possible that the value of CRYPTOCAP:SHIB could reach $0.0001 during this cycle. Although this may seem like a significant increase in the market capitalization, it is important to remember that anything is possible in the world of cryptocurrency. Additionally, the burning rate of CRYPTOCAP:SHIB is increasing exponentially, which could have a positive effect on its value.
#SHIB/USDT#SHIB
The price is moving in a downtrend on a 12-hour frame, within which the price is moving
We have a major support area at Saad 0.00002450
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to bounce back
Entry price is 0.00002600
The first goal is 0.00003000
The second goal is 0.00003400
The third goal is 0.00003760
Shib/usdt Plan The SHIB/USDT pair has recently experienced a perfect breakout of a triangle pattern, which has already been confirmed. The retest following the breakout is nearly complete, indicating a potential bullish move in the short term. It is advisable to keep a close watch on this development. Please note that this information is not financial advice; it is essential to conduct your own research (DYOR) before making any investment decisions."
#shibaStatus: Shiba (presumably referring to Shiba Inu is currently at a point of hesitation between bullish and bearish sentiments. The market appears to be in a state of indecision, with conflicting signals indicating potential shifts in either direction. Traders and investors are closely monitoring the situation for clearer market direction.
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
$SHIB no longer have excuses for its failureLet's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said on her tweet in 20/03 to expect a new ATH around the halving and mentioned buying the dip , let's see that the buyers on this week are on 0,00002750 (here's our support zone, and the area where significant purchases happened and will happening in the first days of this week).
I believe this week will be crucial to understand if the SHIB team is still bluffing, given the performances of PEPE, BONK, and surely soon BOME, it will no longer have excuses for its failure.
I want to remain LONG and hope that with the breakout of last week's high, SHIB finally returns to its ATH and creates a new one on 0,00013 (FIB 1,618 next level).
SHIB UPDATE - BUYAREAS IM WATHING FOR.Hit my buy target over the weekend, see previous post. We are sitting ok at this level. Bulls are putting up a little fight, sellers seem to be not as aggressive here. "IF" we break below this area, my next buy target is .000024, If we hit that I will re evaluate.
Remember, we are likely heading into a bull cycle, and its just begun, this gives more time for accumulation.
Good Luck