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Sunday, July 30, 2023

July 29, 2023 at 10:59PM SHIB Long

SHIB Long

I expect SHIB will continue the current uptrend, trading within the channel at least until it reaches 0.000..08822


Friday, July 28, 2023

July 28, 2023 at 10:45AM Shiba Inu Signal Today

Shiba Inu Signal Today

SHIB / TetherUS BINANCE:SHIBUSDT

SHIB is also trying to escape the bears!
We can see a slightly 6% to the upside today...just to get bullish for the moment.
Very likely SHIB will make lots of fadeouts just to FOMO in the mass holders. And leverage traders ,mostly Degen.

Lets hope for the best
Enjoy your weekend and summer time


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Wednesday, July 26, 2023

July 26, 2023 at 04:55PM Next period of volatility: Around August 6th

Next period of volatility: Around August 6th

SHIB / TetherUS BINANCE:SHIBUSDT

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(SHIBUSDT chart)

snapshot
The key is whether it can be supported in the 0.0000 0781 ~ 0.0000 0872 section and rise to around 0.0000 1279.


Since the 0.0000 1279 point corresponds to the HA-High indicator point on the 1W chart, if it rises above 0.0000 0872, it is likely to rise to the vicinity of the 0.0000 1279 point, the HA-High indicator on the 1W chart.


The next period of volatility is around August 6th.


Since it currently sits near the HA-High indicator on the 1D chart, if it falls below 0.0000 0781, it is likely to touch the HA-Low indicator on the 1D chart.

So, if it falls below 0.0000 0781, it is important to find support around 0.0000 0716.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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Tuesday, July 25, 2023

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July 25, 2023 at 06:05AM Range Trend and Potential Breakout Signals

Range Trend and Potential Breakout Signals

SHIB / TetherUS BINANCE:SHIBUSDT

SHIB is currently experiencing a range trend, which means its price is moving within a specific price range. Over the past week, the cryptocurrency's price has become less volatile. Additionally, the short-term upward trend line's support remains intact, which is positive for the coin's price.

However, there are certain levels to watch out for. If the support of the midline of the descending channel is broken, along with the support mentioned earlier, SHIB's price could decrease to a range of $0.000066 to $0.0000068. On the other hand, if the mentioned support levels hold, we might see a positive movement with SHIB aiming for the resistance area around $0.00000853.

Overall, SHIB is currently in a critical zone where the possibility of a significant price movement has increased. A substantial increase in trading volume could confirm whether the price will break out of its current limits. If the resistance around $0.00001 is surpassed, the next target for SHIB's price is considered to be in that range.

Regarding the RSI level of SHIB at the daily timeframe, it is currently at 51. The Relative Strength Index (RSI) is a technical indicator used to measure the momentum of an asset's price. An RSI level of 51 for SHIB suggests a relatively neutral position, indicating neither overbought nor oversold conditions. It signifies that the cryptocurrency is not showing any extreme price movements and is in a stable state.