#SHIB has decisively broken out of its extended sideways consolidation, signaling a strong bullish shift. This analysis examines how to capitalize on this momentum by employing price action strategies in the context of the current range breakout. We'll focus on reading price action to identify opportune entry points. Be mindful of expected volatility, and...
A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden...
Shiba Inu (SHIBUSD) is on a remarkable 2-week rally that has already hit the November 2021 levels. Such a strong move is the start of year long parabolic rallies and the one coin that Shiba seems to be replicating is XRPUSD. In fact it appears (on the 1W time-frame) that SHIB is copying XRP's 2014 - 2016 Bear and subsequent accumulation phases, which eventually...
Logarithm. Time frame 1 week for clarity of the channel range. 3 weeks ago, there was an exit of the price under the support of the accumulation channel by a large percentage. Many long positions were liquidated. The chart shows the percentages from this reversal zone to the channel resistance, as well as the average profit percentage when exiting this...
📊Analysis by AhmadArz: 🔍Entry: 3645 🛑Stop Loss: 3437 🎯Take Profit: 3955-4216-4455 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hi Everyone; today we have a memes coin it has more than 187 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target I don't recommend investing too much money in memes coins because of the High volatility.
This has to be the most detailed chart I have done. I’m just sharing the chart in hopes someone finds some value in it.
I have identified another bull flag consolidation, we have another target above if crypto stays bullish here. Not financial advice, DYOR
SHIB has gone on a real tear to the upside. We have hit the first target and I have laid out the second. Hard to say how fast it will get there. Not financial advice, DYOR.
If you haven`t bought the dip on SHIB Shiba Inu: Now, at an RSI exceeding 96, it seems we are currently in a massive bubble. The previous corrections following an RSI surpassing 80 were significant, as you can see in the chart! Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00001400, corresponding to the 0.618 level!
SHIBUSDT technical analysis update SHIB price has been consolidating for 650 days. Once the price breaks its trend resistance line, we can expect a 100%-200% move. Regards Hexa
#SHIB The price has been moving in a very orderly manner since the beginning of the year. Inside a strong bearish channel, the price has always respected Trends. Recently the Moving Average 100 was broken. We are about to break the downtrend. Current price is 0.00000860. First goal: 0.00001160 Second goal 0.00001492 This represents 300% of the current...
Didn’t wait around at all to hit this target, no further TA for the follow up move yet I need to reasses the chart and find what it’s next macro pattern will be. *not financial advice*
📉Hi Traders, Investors and Speculators of Charts📈 From the technical indicator in the weekly timeframe, we can clearly see how the price behaves when it is above the green trendline - parabolic. This means that if SHIBA can continue to close daily candies and the weekly candle ABOVE this trendline, the next likely price action is parabolic increases. The...
SHIBA can move towards the specified targets on the chart by maintaining the green range. It seems to be in a range and is fluctuating. Closing a 4-hour candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop...
Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks...
If you haven`t sold the Bearish Pennant: Nor bought the dip on SHIB: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As...
Altcoins are speculative and have a inter-dependent reliance on BTC for direction. BTC is definitely acting bullish, and thus I feel that this long term bottoming pattern could be an accumulation zone if BTC holds, goes sideways or up. Not financial advice. DYOR