Memecoin
SHIBA Points To Starting Point Of Cycle ManiaHello Crypto traders!
Let's talk about memecoin Shiba Inu (SHIBUSD) in which we see very interesting pattern.
The book says: Every mania is followed by a decline that ends at the starting point of the advance. SHIBA can be still looking for wave (C) sell-off that can send the price back down to 0.*10 – 0.*05 support zone and beginning of mania cycle, especially if we consider current sideways bearish running triangle pattern in wave (B) that can be approaching the end soon.
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Is FEG ready for a massive pump?crab harmonic pattern:
AB=0.38 XA
BC=0.38 AB
I considered an accumulation phase in the way of the 3rd wave.
Reserve (RSR) - The start of NEW UP-TREND and possible hype TR.Hello trading friends,
This is an update for long-term vision - and as traders know that there is no guarantee into markets, but all depends on study and trends.
our goal all as traders is to scan the best possible coin and to see where the most possibility is - for this reason after study (RSR) could be an interesting coin for a long-term cycle - but of course always with risk management. it will stay crypto space.
It's possible that we are going to enter new hype into this coin, this is also for technical reasons.
What this coin really will bring, we will confirm later with the time frame.
The chart adds in the best scenario of the chart and it means not that it should go so exactly in the long term.
Markets going on their way - and it can always take some time.
Have a good time
This is not a trading call but a study view - trade only depending on your setups and riskmanagement.
Bitcoin Corrects Lower, Will 37,000 Be Tested?Weekly Time-frame
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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50% Pump Or Dump?!?When looking at Shiba, we can see that is it currently trading above a key support zone. If we manage to stay above this zone we can expect a nice 50% gain to the next resistance zone in the next few weeks. If it fails I also mapped the next support zone, which is also around a 50% drop. Where do you think it's heading and why?
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This is not financial advice. This is for educational purposes only
maybe the baby needs another correction to continue the 3rd wavecrab harmonic pattern:
X=$1e-7
AB=0.38 XA
BC=0.88 AB
1.6 BC=$2.67e-8
2 BC=$3.96e-8
2.24 BC=$5e-8
0.78 XA=$5.2e-8
0.88 XA=$7.16e-8
2.6 BC=$7.47e-8
1.13 XA=$1.56e-7
3.6 BC=$2e-7
1.27 XA=$2.47e-7
1.41 XA=$3.84e-7
4.23 BC=$3.94e-7
1.6 XA=$7.5e-7
mri looking like it's getting to make a next leg higher I've been in this since early Feb and its been a wild ride my first meme play I threw a decent bag at. Haven't started scaling out at all yet and will look to start doing so on the next leg up. Looks like a potential bottom might be in but its hard to tell and really depends on what kind of traction and hype this gets in the coming weeks. Definitely not something I'd like to hold in a bear market so hopefully the sooner the better.
An observation on the 12-Hour SHIB Chart: Long Swing Trade*Extreme green candles are not recommended to open a trade on in a down-trend. Not all trades are successful. Do your own Due Diligence to maximize your success with this observation before making ANY trade. This is not financial advice; this is just an observation. Don't invest with currency you're not willing to lose*
Crypto Currency: SHIBUSD
Time Frame: 12-Hour
Main Chart: 5 EMA , 13 EMA , 20 SMA
Sub Charts: MACD , RSI 14 with 14 SMA line, Volume with 20-period average volume line
Main Chart Musts: 13 EMA Must cross over the 20 SMA . 12-Hour Candle body and lower wick Must be completely above the 13 EMA . Must exit position on ANY close under the 5 EMA .
Sub Chart Musts: MACD must be green. RSI must be relatively or recently over-sold near 30; or the RSI must be testing support on the mid-line (50), and the RSI must be above the RSI 14 SMA line. Volume must be relatively close to, or above, the 20-period average volume line.
DOGE - Trend update - LONG Hello trading friends,
This is an update for Dogeusdt depending on the last trends.
Memecoins are known as the most high risk - so for this reason manage always your risk.
Depending on the trends chart - it shows that it is possible we can see soon a new trend increase to 0,15+ for doge - what could even end into 0,20 for the low time frame - for this trend BTC should stay healthy.
The reason for this chart - is the zone where doge is now depending on last trends it shows an interesting trend.
Know that in some cases it can take some time before the trend will hit the target - and it's always good to trade depending on your setups.
# This update was a small update for Doge with the expecting coming time possible 2 targets entry
0,15 and 0,20+
At the same time know if BTC gets unexpected trends - this will also affect doge.
Markets going on the way - and it can take some time before it shows the confirmation trend.
Have a great day.
Floki Inu (Falling Wedge & Double Zigzag Correction 🐶)!!!One of my favorite meme coins is Floki inu🐶 ❤️.
🔴What Is Floki Inu (FLOKI) ?
Floki Inu (FLOKI) is a dog-themed meme coin, calling itself not a meme coin but “a movement.” It’s a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk’s Shiba Inu.
Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “three flagship utility projects:”
An NFT gaming metaverse called Valhalla
An NFT and merchandise marketplace called FlokiPlaces
A content and education platform called Floki Inuversity
The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character. Floki Inu vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki Inu has also partnered with CryptoCart, giving its holders the option to purchase items at over 1,700 stores through a partnership with CryptoCart (CC). It is also working on a similar partnership with Curate (XCUR) that would allow Floki tokens to be used as a payment method on the Curate physical goods marketplace
In addition, Floki Inu has muscled into the world of elite soccer — it's signed partnerships with top-flight clubs in Spain, Italy and India
Floki Inu Analyze ( FLOKIUSDT ) Timeframe 4h⏰ (Log Scale)
🔴 Floki Inu is running at Falling Wedge pattern , also it is completing its last way of the Double Zigzag Correction .
The end of wave ''Z'' (Zone) : 0.0001$ until 0.000085$ == Chance for adding to the portfolio.
Do not forget to put Stop loss for your positions (For every position you want to open).
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SHIB/USDT : Neutral - trading range with downside riskSHIB/USDT : Neutral between 0,00003900 and 0,00002400 - trading range with downside risk
Shiba Inu has been created to see if a perpetual decentralized organization could work with no central leadership
Once upon a time, there was a very special dog. That dog was a Shiba Inu, and this dog inspired millions of people around the world to invest money into tokens with the dog's image on it
Shiba Inu Supply
Circulating Supply 549 063 278 876 302 SHIB
Total Supply 589 735 030 408 323 SHIB
Max Supply 1,000,000,000,000,000 SHIB
With a very large supply in circulation and a mysterious leadership to drive the sensibility of the volatility Shiba Inu is a high risk asset based on hope and irational price anticipation... No business behind
Tactical view (Mid-term 1 to 3 weeks)
The Elliott wave account is in line with the supply set up of the token, there is still a possibility to print lower on this token after having completed the trading range / pause on going in wave 4
Preference for a trading range between between 0,00003900 and 0,00002400 with a recommandation to swap the SHIB to another strong Tokens in the Network & Protocol thematic or Metaverse/NFT thematic
Strategic view (Long-term 3 to 12 Month)
Only a break of 0,00003900 resistance and 0,00002400 support will provide a directional view - However a significant new bearish move approaching the 0,00003900 resistance can't be ignored
Enjoy
Floki still needs more correction to prepare for the 3rd wavecrab harmonic pattern:
X=2.14e-7
A=8e-10
AB=0.38 XA
BC=0.38 AB
1.6 BC=1.15e-8
2 BC=1.57e-8
2.24 BC=1.91e-8
*2.6 BC=2.6e-8
*3.6 BC=5.92e-8
0.78 XA=6.51e-8
4.23 BC=9.83e-8
0.88 XA=1.13e-7
1.13 XA=4.42e-7
6.85 BC=8.38e-7
1.27 XA=9.75e-7
1.41 XA=2.1e-6
*1.6 XA=6.7e-6
Shib Elliott Wave Analysis Going to be keeping a couple variants on the same chart until there is some, IMO, more clarity.
Its similar to Bitcoin, in the way that there is a large corrective structure as the the 2/B.
Being such a large, in time, structure, I would be looking for something of similar degree.
This could be obtained by a sharp deep correction in price, or a sideway correction
of similar time before i would consider it the same degree.
On the chart are the possible counts I am looking at.
They do have some ideal fib relations in common in the area, marked on chart.
The deeper it goes, the more possibilities are knock off the table as possible counts.
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the 3rd wave is near?crab harmonic pattern:
X=$0.000168
A=$0.0000000001
AB=0.38 XA
BC=0.38 AB
1.6 BC=$0.00000021
2.6 BC=$0.00000061
3.6 BC=$0.0000017
4.23 BC=$0.0.0000033
0.78 XA=$0.000013
0.88 XA=$0.000043
6.85 BC=$0.000051
1.13 XA=$0.00078
1.27 XA=$0.0042
1.41 XA=$0.22
1.6 XA=$0.262
#SHIBUSDT,going crazy againSHIB finally show a respect to all his investors, now it really depends on whales of ETH which hold big amount of SHIBA.
with incoming updates and the procedure for burning Shiba, price could reach high targets.
yesterday spikes prove that investors still believe this mem coin worth to hold however in the future updates we couldn't say that shiba
is just a meme coin!!
with high demands continue SHIB could break upper resistances.
SHIBA CUP & HANDLE- TO RISE BY 300% TO $0.0001Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, we have a cup and handle pattern formation on this chart followed by a falling wedge pattern that reflection the correction that happened.
Another confirmation right here is that price broke out of the falling wedge and it’s in a new trend to the upside.
What do you think?
Share your opinion in the comment section✍️
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