SHIBUSDT UPDATE
SHIBA INU / Tether KUCOIN:SHIBUSDT
#SHIBUSDT
UPDATE
SHIB is making Bullish pennant and almost ready for breakout. After this Breakout. We can see gain here upto 50%+ soon✍
Wednesday, March 13, 2024
March 13, 2024 at 09:04PM SHIBUSDT UPDATE
March 13, 2024 at 12:05PM shibvsusdt
shibvsusdt
SHIB / TetherUS BINANCE:SHIBUSDT
The 3 scenario's of the coin.. Goodluck out there... 
DXY
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• March 13, 2024, 7:25 am
• March 13, 2024, 7:25 am
• March 13, 2024, 7:23 am
• March 13, 2024, 6:45 am
Tuesday, March 12, 2024
March 12, 2024 at 10:06PM SHIB BIG MOVE TO ACQUIRE 4 HRS TF
SHIB BIG MOVE TO ACQUIRE 4 HRS TF
SHIB / TetherUS BINANCE:SHIBUSDT
Looking good for #SHIB , old support still got respected, now we are heading to break new resistance.
- 4 hrs is selling is lighting up
- Can see realignment of MACD and Buying/Selling Ratio
- RSI in good position
March 12, 2024 at 09:29AM SHIB - SHEDDING LIGHT
SHIB - SHEDDING LIGHT
SHIB / TetherUS BINANCE:SHIBUSDT
I notice plenty of pessimistic predictions alongside optimistic analyses claiming a bullish trend, including assertions that "INDICATORS SHOW BULLISH" - which I find unreliable. Oscillating indicators are not effective unless applied to mean-reverting stocks, and cryptocurrencies do not fit this category nor does the current market environment. Additionally, the concept of "burning" tokens, supposedly reducing supply and suggesting scarcity, is irrelevant without a significant shift in market liquidity favoring upward movement or the presence of substantial buying pressure to drive prices higher. For prices to ascend, significant players must navigate the bid-ask spread with minimal liquidity on the selling side, a scenario complicated by various order types making it challenging to predict movements. Historically, examining past performance and identifying low volume nodes can reveal support and resistance levels, where market imbalances occur.
My point stems from the possibility of breaking through current patterns toward a downturn, yet it doesn't necessarily imply a continued downward trajectory; such movements can also signal opportunities for significant investors to capitalize on liquidity. I find value in purchasing at low volume nodes beneath the last Point of Control (PoC) traded, considering these levels as bargain areas. In contrast, levels above the PoC are deemed costly, barring a surge in relative volume accompanied by a sustained price increase, indicating substantial buying activity overcoming the bid-ask spread and absorbing available liquidity, likely driving prices higher. The highlighted green areas represent support; crossing these could lead to a movement toward the next level of support or the subsequent highlighted green line.
Therefore, relying solely on indicators without a deep understanding of market microstructure and the factors influencing asset prices is misguided. Price action remains a critical indicator, far superior to any isolated analytical tool. Importantly, fundamental market dynamics render such indicators irrelevant during cryptocurrency bull runs or halving cycles.
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• March 12, 2024, 7:25 am
• March 12, 2024, 7:06 am
• March 12, 2024, 7:06 am
March 12, 2024 at 02:03AM SHIB Shiba Inu Potential Retracement Soon
SHIB Shiba Inu Potential Retracement Soon
SHIB / TetherUS BINANCE:SHIBUSDT
If you haven`t bought SHIB before the rally:
Then using the Fibonacci Retracement tool, I believe there will be a new opportunity in the $0.00002270 - $0.00002600 range!
Monday, March 11, 2024
March 11, 2024 at 07:41AM SHIB: Keep an eye on this level! (Updated Chart)
SHIB: Keep an eye on this level! (Updated Chart)
SHIB / TetherUS BINANCE:SHIBUSDT
If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.00000356$ and take profits at the levels shown in the chart.
Targets:
1. 0.00000368$
2. 0.000004$
3. 0.0000044$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
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