Trade with caution further liquidation is comingCrypto.com released its holdings in reserves. 20% is in SHIB and the estimated value this past week is 750 million dollars.
How crazy is this company using a meme token as a reserve of choice. I am curious how much they have lost over time
and how much they have been dumping on traders the past year. Exchanges are being forced to provide information
on there holding and reserves. This is bad for shib because it questions the foundations of how shib grew so rapidly.
They buy up large amounts of liquidity and then sell at a high price liquidating so many traders while they make billions
of dollars and get liquidated thereselves during the bear markets.
The forcast is plainly shown on this chart.
So basically crypto.com holds almost 20% of the shib marketcap.
How many other exchanges are holding and how much are they liquidating for alternative reserves.
Planning is how you get through the next crash down.
No updates after posting and i won't speculate any further.
Information is public knowledge so run the calculations.
SHIBVVS_BE17E4.USD trade ideas
Pump it up or I quit supporting Shib🚀Everything else seems to have its little pump and if this does not I quit Shib.
No excuses
No explanation required
Either 🚀🚀🚀 or I'm moving on.
No more support from me.
Momentum is coming soon "Down we go" Rally cry in lower demand lGet ready to accumulate. The dip is coming for the lower income investors.
We need the accumulative volume from everyone to pull the supply out of circulation.
Then and only then will Shib Xplode 🚀 1000%
Need good spreads for day traders to make the market more attractive.
The more gains the more volume Shib will have. If momentum stays low with short spreads.
Retracement patterns will fall way short.
Momentum shifting downLooks like another dip is coming it could drop very low or just a little bit depending on how much games you want on next stunted high. I don't see the next all-time high coming until the end of 2023 after the economy and the market recovers. Losing momentum is increasing selling pressure on shib. It's not the end of the world. The gains will just be a little smaller
SHIB Scalping, Keep It SimpleI had the opportunity to sell .000011 to buy .00000955 , and now I am just looking to target the last point of supply which is where I sold in the first place. Price action will determine how much when we get there. Not financial advice.
SHIB: Another IH&S! Some Key Points to watch from here.• On our last analysis on SHIB I warned about an IH&S chart pattern, that did work very well, as by the moment SHIB broke our key point, it hit the previous resistance with an astonishing precision before dropping again (link to my previous analysis below this post);
• Now, we see the same pattern again, so what are the key points? The trigger point is the black line, while if it loses the red line it’ll frustrate the pattern. The technical target would be the previous resistance at the green line. This is a normal configuration of an IH&S;
• However, if SHIB loses the purple line, then it might face more serious problems in the mid-term, as this would indicate a sharper sell-off;
• For now, let’s pay attention to these lines and see what happens. I’ll keep you guys posted on this.
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shib technical analysis / really want to break ??wave 4 : complete and ready to head wave 5 / but when ? after break 61.8 fib
SHIB: Looking VERY GOOD! Key points to watch next.• SHIB is trying to trigger an IH&S chart pattern just above the key support at the black line;
• Would be important to see SHIB breaking the blue and purple lines in order to trigger a bullish reversal – this could make it seek higher levels;
• However, if it loses the black line, it will frustrate any possible reversal thesis, and the next stop is at the next support, around the red line;
• Whatever side it breaks, SHIB looks interesting. For now, let’s pay attention to these lines on the chart.
Remember to follow me to keep in touch with my analyses!
SHIB - Channel BottomPrice has reached the bottom of the bearish trend of the Gaussian Channel
This is a potential candidate point for reversal
Green horizontal line shows price points reversal tendencies at this level
SHIBUSDhavent posted on the chart in a while but its broken its downtrend
first target is the previous 1.618 level 34% from here if we can flip that fib into support
prolly waits till fomc event where everything is poised to move up on any bullish indications..
Why SHIB struggling?Dogs tend to run in packs...
So, was perplexed as why $SHIB was being held back
Did some digging & then this
How was this missed?
IMO #SHIB will likely break it
However, there's more trouble up ahead
Look @ rectangle
Blue & White lines are STAUNCH resistance
#shibainu #ShibaArmy #crypto #P2E #Metaverse
SHIBUSDThats my chart setup idea for SHIBA.I am thinking it will go to the yellow rectangle ,it might break it and if it breaks the rectangle I think it will go to the other zone.That's all for now.There is no clear vision for more...Just educational...
SHIB/USD Downtrend BreakoutThe idea here is about SHIB/USD:
My view is short term Bullish for the below observed technical factors.
Points as per TA on Weekly & daily Chart:
1. Broken out of Downtrend Channel as per below:
2. Possible Double Bottom pattern formation on a weekly chart await for neckline breakout as per below:
3. Possible Bearish Bat Harmonic Pattern CD leg in formation as per the published chart .
4. Bearish Cypher pattern completed on Daily chart, Target 1 Achieved & support confirmed at the time of publishing as per below :
5. Trading below 20 EMA on a weekly chart & above 20 EMA & below 200 EMA on a daily chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily & weekly is Neutral at the time of publishing.
7. RSI is at 47.07 on a weekly Chart and 68.27 on daily chart at the time of publishing.
8. MACD above signal line on weekly & daily chart.
9. Hull Moving average on daily is a sell and Strong buy on Weekly & monthly.
10. ADX ( Average directional index ) trend strength is at 8.2 on a weekly which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend) & 43.17 on daily chart which indicates strong trend.
Projected Target with %: Double bottom & bearish Bat targets are almost aligned at the same point.
A). Conservative entries can wait for retest & neckline breakout confirmation on weekly chart for double bottom, target provided in chart.
B). Bearish Bat target provided in chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So
Please do your own DD (Due Diligence) before any kind of investment”.
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Do leave your valuable feedback & comments for any improvisations.
Cheers.
SHIBretesting the .618 currently on ltf elliot impulse
that might be all she wrote here tbh but see how it progresses
dog coins catching a bid on musk twitter aquisition
might push deeper here and tbh shib n doge are different things
doubt it gets intergrated into twitter jus cause its also a doggo coin
doggo multichain land a thing or nah? prolly not lmao
SHIB, another obstacle nextDone trading for the day, unless we really sell off to support level, then buy again
Let's talk more #crypto
$SHIB did it yesterday, NOW WHAT?
Well, there's another downtrend to break LOL
Buys are there but need HEAVIER VOLUME outside 8/14 to show ACCUMULATION #SHIB #shiba
Likely in a couple weeks we'll see round 2
$SHIB moving big soon, VERY SOONBeen posting this chart for some time, until it breaks in one direction
Mid June spoke on dip as nibble
Turned bullish early July
EXTREME BULL Mid August #SHIB
#SHIBA looked as if downtrend was done
Surely came close but 17 area stopped it cold
Today:
$SHIB consolidating & struggling BUT there's some accumulation
Shiba remains still one of my most bullish coins in the marketMy hopes remain still positive during this bearmarket. I've got my own idea's about Shiba ending this year and starting the next one.
This is what it look's like.
The old pattern vs the new pattern 🔍🧐🎱🔮Thought I would add this in for you guys to examine for yourself.
It's fairly obvious. Overbought too soon and hit resistance.
Bull market is coming.
Get excited and lose the uncertainty.
SHIB CRASH INCOMING 🔥😲🔥It's happening right now.
Holders will be devastated with losses.
SHIB burning was the last support offensive to maintain the market price.
People will not continue to burn when the price starts dropping.
Im waiting until the market price comes back down to reality and stable market conditions.
The market is still inflated and almost everything will drop another 50% or more leading up to the ethereum merge and after.
Proof of stake for losses
SHIBA : Day trade updateMost of times shiba have an around increase price of 30% in best of times.
But there is no guaranty that Shiba can do this all time.
On day trade it seems interesting: same time its about the manage of risk in meme coin as this.
