Price is in a bullish channel, holding support at the 0.000053 region trying to make a short term higher low bullish trend reversal. A break of the upper supply channel may signal a bullish run. Wouldn't be surprised if price breaks down to .0000500 again to retest previous May 2021 high.
A strong move to the upside could bring back parabolic runs in Doge/ Meme dog coins.
These CRYPTO trading in bear zone....it's better to avoid and if it's start trading above 600 then can go long with SL 560
Hi Its just an idea trade with ur risk ALSO IM WATING FOR 8.NOV whats ur idea ? what will happen? share ur ideas here..... GOOD LUCK
SHIB USDT has bounced off from the support area near 0.000045 - 0.000047 but it still giving respect to the downward trend line. Upon breaking the trend line it might make its next upward move to reach its all time high level.
SHIB USDT. Possible scenario situations (A or B) matched with RSI. As SHIB is approaching an important resistance, these are simply predictions of what could happen. Food for thought.
For myself I am loving this pattern and the forward stacking catalyst of Robinhood listing coming up, Kraken listing going live, and Shibarium (own blockchain project). Retraced to buying levels and respecting the fib's and BB's very well. I already held 420,000,000 SHIB and added 65,000,000 today at these levels!
Are you one of the people that made money on SHIBA INU ?? On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs...
$SHIB holds strong support at $0.00006139 (yellow line) $SHIB READY TO TAKE OFF TO NEW ATH at $0.0003 if this meme coin breaks above $0.0008784.
Here presenting chart patterns of DOGE now and XRP in 2017, similar pattern I believe indicates similar buyer and seller activity. It's in stage of consolidation, patience is key.
With the current decline in short sellers we are finally stabilizing to the point where the Analysis can finally see a uprise in the market, This should provide a huge buy back in for those who missed. For those who are staking there shib should be earning interest on top of their current position. For a short term run I can see it increase roughly 27% to 48%...
Flokiusdt has made some correction so with the tight stop loss an attempt to long it can be made. Important levels are mentioned on the chart. Entry: Current Price Stop Loss : 0.00021707 Take Profit1: 0.00025668 Take Profit2: 0.00032111
Quick TA chart highlighting the current trend that $ELON is experiencing
Seems like all the long term holders are cashing in their SHIB.
Here's a quick Look at DOGE daily chart. As we can see, the price has been forming a bigger double bottom formation! A break above 0.35$ will confirm the double bottom and from there we could see a big rally to 1$! Keep an eye on this setup! The best entry would be, when the price breaks above the 0.35$ with good amount of volume ....
What's next for Shib? Will we move even higher? What are your thoughts? Enter long position if/when price breaks out of triangle Take profit ideas: TG1 - 0.000077$ TG2 - 0.000081$ TG3 - 0.000087$ What do you think? Which crypto do you want me to do next? Follow, likes and comments are dearly appreciated! Trade safely!
POLONIEX:FLOKIUSDT BINANCE:BTCUSDT As you can see Floki 1H price action during past week is very similar to Bitcoin 1D price action during past year. So, the short term floki price action might be an interesting indicator for long term Bitcoin price action. P.S: You can also do this fractal for some of top memcoins such as Doge, Shiba, Kishu and Akita...
DOGE DOGE DOGE, SHIB!!! That's all I hear... Very popular crypto and has the opportunity to be in the top 5, given that it lives up to its potential hype. What do y'all think is going to happen? Will DOGE dodge the SHIB movement and move past the MEMECOIN stereotype, or will it sink to the bottom?