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Wednesday, November 8, 2023

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November 07, 2023 at 11:45PM ๐ŸŒ• SHIB- Will History Repeat Itself? ๐ŸŒ•

๐ŸŒ• SHIB- Will History Repeat Itself? ๐ŸŒ•

SHIB / TetherUS BINANCE:SHIBUSDT

Shiba Inu (SHIB), a cryptocurrency known for its meme origins, has recently been showing intriguing patterns that remind traders of past market dynamics. In particular, it shares some similarities with FET in terms of liquidity sweeps and significant price pumps.

Liquidity Sweeps: A Common Thread

The concept of liquidity sweeps is vital in understanding SHIB's price movements. Like FET, SHIB seems to conduct calculated liquidity sweeps by targeting key levels on its chart. This strategic approach involves pushing the price to specific levels, triggering stop-loss orders or encouraging traders to take specific actions. This tactic can set the stage for a notable price pump.

2021 Parallels: A Tale of Breakout and Surge

In 2021, SHIB witnessed a turning point, a critical breakout that preceded an explosive price surge. This breakout led to an exponential increase in value, captivating the attention of traders and investors worldwide. The market dynamics of 2021 created a unique environment for SHIB's remarkable growth.

Expectations: A Potential for History to Repeat

Given the similarities between SHIB's current patterns and its historical breakout, some traders are cautiously optimistic. They anticipate that SHIB may retrace a similar path to past surges. While trading cryptocurrencies can be highly speculative, historical trends often influence market sentiment.

Trading Strategy: Proceeding with Caution

For traders interested in SHIB, adopting a risk management strategy is paramount. While history may offer insights, it doesn't guarantee future results. The cryptocurrency market remains highly unpredictable.

Conclusion: Keeping an Eye on SHIB

Shiba Inu has a history that's filled with dramatic market movements. As it follows the path of liquidity sweeps and triggers key levels, traders should remain vigilant. While there's a potential for growth, it's essential to navigate the market with caution and a clear trading plan.

๐Ÿš€ Crypto Insights | ๐Ÿ’ก Trading Strategies | ๐Ÿ’ฐ Market Analysis

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Tuesday, November 7, 2023

November 07, 2023 at 09:55PM SHIBA INU Technical Analysis And Trade Idea SHIB

SHIBA INU Technical Analysis And Trade Idea SHIB

SHIB / TetherUS BINANCE:SHIBUSDT

Welcome to our SHIBA INU Technical Analysis and Trade Idea. In this video we dive deep into the SHIB/USDT pair, focusing on the prevailing bullish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that SHIB is currently on the verge of a crucial support level, a pivotal turning point for this digital asset. Throughout this discussion, we'll explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we'll meticulously examine a potential trading opportunity within the SHIBA cryptocurrency.

It's essential to underscore that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the foreign exchange market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.


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Monday, November 6, 2023

November 06, 2023 at 06:49AM #Shiba #shibusd targets until the end of 2023.

#Shiba #shibusd targets until the end of 2023.

SHIB / TetherUS BINANCE:SHIBUSDT

Shiba's TARGETS until the end of 2023.
Unfortunately, Shiba's charts are incomplete and do not show the initial movements and rises of this currency, so it is difficult to analyze its next goals.
But if we consider the same chart and consider the Ascension from 2020 to 2021 as a five-wave structure, based on the existing possibilities, we will reach a series of targets. Target one and two are available with a high probability, target three is ideal and target four has a low probability, but this is not the end of the job and if the conditions are met, higher targets are also available.

TARGET1: 0.00001480$
TARGET2: 0.00003000$
TARGET3: 0.00007500$
TARGET4: 0.00016000$
TARGET5: OPEN

Suitable entry range: 0.00000850 - 0.00000700$

STOP LOSS: 0.00000630 $


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Sunday, November 5, 2023