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Shibatoken

Shiba Inu Bullish!It looks as though Shiba Inu has began its bullish sequence after completing the correction of the impulse that began from the 7 Sept 2021 low. That impulse was a 5 wave move to the upside topping on 28 Oct 2021 (All time High at 0.00008847). This impulse was then preceded by a downward channel unfolding in a 7 swing sequence bottoming recently as of 12 May 2022, making 0.00000910 as the end of wave 2 in the larger yellow (intermediate) degree, just a few points shy on the bottom trendline channel. The end of wave 2 means that we have now began wave 3 in yellow which I expect to unfold in 9,13,17(waves) etc..., depending on how many smaller impulsive subwaves are formed going up, already the impulse from 0.00000910 to 0.00001466 means we have began the uptrend with a subwave, (purple subminuatte degree). Alternate View! If however price fails to break strongly to the upside the next level of significance is 0.000018 - 0.00003... price should fail within that small bluebox, and head lower to break the May 12, 2022 low after which we then should expect it to go higher because it would have completely exhausted the possible corrective sequence to the downside. So our possibilities to the downside are now very much limited with only a possibility of one more move down if price fails to push higher within the small bluebox in it path.
Long
by pkhumalo
2
Shiba is Long... Expect BounceI got dumped to hell last month. No regrets people claimed that we would follow a BTC dump to below 28k. I have been saying for a while BTC has shown great strength in the 40s. We will see a strong retest int he 40k to 47k range. I believe BTC will breakout past 50k this month. Shiba did an incredible short this month.... I can say that's the gamble of good trading. However, SHIBA is not one to show in the 0.000020 range. We will bounce soon. It is a greater gamble to short this range on Shiba than long it. I wasn't expecting a month of major down turn as many other stocks like AVAX and LUNA had major bounce. I expect us to hit a super ninja trend contrarian style. As I always say this is a spot trade, so trade your style and watch for updates. I ride the pain, not usually for a month but we had some great support levels that dipped off. This month expect retest. It is an ugly market . I have never been liquidated and this is the closest I have ever came. Good ol' SHIB. Not worried. I like the volatility. Be patient. I will be updating. Happy trading. (I believe people over complicate trading in this type of market. I will be getting to technicals when the market corrects. Expecting BTC to get to the 42k range soon and traders to claim it's an outrage.) Lucky for us SHIB can pack a punch. LONG LONG LONG- been LONG just a scamming ass market with scamming ass Feds.
by jasdabunny91
4
SHIB has hidden bullish divergence... LONGSHIB is a tough hold but if you can hold the pain you will see the long I have been anticipating for 3 weeks. I do not short SHIB anywhere above 0.000022 on purpose. SHIB loves long middle fingers lol waiting for those shorts to panic. It's coming. Buy here. Its a spot trade. On a spiritual level (I incorporate spiritual shifts with TA), it is a time of exploring pleasures. We just had a full moon. Now it is time for BTC to do what it does best liquidate the popular bets, because of the market and this fake dump, many have shorted. Don't be on that side. SHIB wnet long 23 percent last week. Don't be fooled we are not in a bear market at all. Watch for updates, happy gains. We should reach 0.000032 by next week IMO. we have enough support.
Long
by jasdabunny91
14
SHIB/USD - Shiba Inu Gears Up For A Major Announcement | LONG 🔔Shibas in the Metaverse? In what seems to be a never-ending tease, the Shiba Inu (CRYPTO: SHIB) has announced a major event slated for March 30. The beloved meme cryptocurrency that takes its moniker from the cuddly dog of the same name, has kept followers on their toes with repeated hints and teasers, but has yet to reveal what the big news is. While it’s hard to know what could be in store, speculation is rife online. In fact, the anticipation of what the announcement could be about has kept Shiba Inu’s price climbing. The meme coin that trades for just fractions of a penny has gained more than 25% over the past week and more than 32% since March 15. At last check, SHIB was trading down 5.6% at $0.000027. The coin hit an intraday high of $0.000029, according to data by Coinmarketcap. Important SHIB developments Recent days have witnessed some important developments on the global adoption of the popular crypto mascot. Shiba Inu is now available on Netcoins, a Vancouver-based online cryptocurrency brokerage. Netcoins allows Canadians to buy, sell and hodl different types of cryptocurrencies. They are also the first publicly-owned crypto trading platform in Canada that is fully regulated. Now you can own one of these adorable Shiba Inu pups yourself by trading on Netcoins. Netcoins by the way is also working on its U.S. expansion plans. Along the same lines, crypto enthusiast fashion designer John Richmond announced on March 16 plans to introduce SHIB and LEASH burns for its online shop. The adoption between a decentralized cryptocurrency and a global fashion brand is being seen as an important and innovative step in the fashion world. John Richmond however, is not the only brand adopting SHIB. NowPayments, a cryptocurrency payment gateway, has also introduced Shiba Inu as payment at Italian burger chain Welly’s and pizzeria Sorbillo. Another recent development is that of Etherscan data, a website tracking transfers made by Ether (ETH) hodlers, showing a “whale” – large market players in the crypto markets – buying last week more than 200 billion Shiba Inu tokens for nearly $5 million. Also, IntoTheBlock data shows Shiba Inu whales’ activity jumping 349% in the last 24 hours. Large transaction spikes are usually caused by institutional investors. These transactions involve more than $100k per transfer. Meanwhile, Crypto Planet (CP) speculates that based on several social media posts, the March 30 announcement could be a Medium post about the Shiba Inu metaverse – an innovative virtual reality platform that allows users to interact with each other in a completely immersive environment – focused on the map and Lands sale. In fact, Shiba Inu’s Twittter account stated: “ShibArmy, the world is full of things more powerful than us. But if you know how to catch a ride, you can go places.” CP also notes that they have also seen some speculation that “the Land sale could happen with a listing on OpenSea,” the most popular place to buy Non-Fungible Tokens (NFTs). Whatever the announcement turns out to be, one thing’s for sure – the Shiba Inu will have everyone talking!
COINBASE:SHIBUSDLong
by FOREXN1
3