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SHIB/USDT potential shift? 👀 🚀 SHIBA Today analysis💎 Paradises, set your sights on SHIBUSDT as it showcases robust momentum above the ema200, hinting at a heightened likelihood of a bullish trajectory. 💎 Recently, SHIBUSDT has broken out of its descending channel and simultaneously surpassed the ema200. The intriguing part is, if the price sustains its strong momentum above the ema200, there's a significant probability it will address and potentially mitigate the bearish OB and supply zone at .999. 💎 Should it break above this level; another scenario emerges where it might aim for the next resistance level. 💎 Conversely, if the price doesn't maintain its momentum, it may seek a bullish resurgence from the .700 level. However, a breach of this support could usher in downward tendencies.
Long
by MyCryptoParadise
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders. Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day. Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend. This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721. The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760. it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00. price strength is at a reading of 46.39, with the next visible point of resistance at 51.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
SHIB's Slip or Shift: What's Next?As of October 10, 2023, Shiba Inu (SHIB) is trading at $0.00000688, showcasing a descent from its price range maintained from September 11th to October 9th, where it oscillated between $0.00000712 and $0.00000760. The price took a dip on October 9th, moving out of the previously held range, reflecting a market sentiment shift. Key Prices: Current Price (as of Oct 10, 2023): $0.00000688 Recent Price Range: $0.00000712 to $0.00000760 (Sep 11 - Oct 9) Fibonacci Levels: 0.0 at $0.00000673, 0.5 at $0.00000700, 1.0 at $0.00000729 Analysis: The recent price action reveals a break from the relatively stable range held over the past month, entering a new territory as of October 9th. The drop aligns with a broader market sentiment that remains cautious, if not bearish. The Fibonacci retracement levels drawn from the recent highs and lows provide a technical perspective, outlining potential support and resistance zones. The 0.5 level at $0.00000700 could act as a psychological barrier, with the 1.0 level at $0.00000729 indicating a stronger resistance, and the 0.0 level at $0.00000673 serving as a crucial support. Most Probable Scenario: With the price currently lingering below the 0.5 Fibonacci level, SHIB faces a testing time. A rebound from the current levels, possibly finding support at the 0.0 Fibonacci level, could attract cautious optimism among investors. Conversely, failing to hold above the 0.0 level might extend the bearish sentiment, driving the price further down. The reaction of SHIB's price around these Fibonacci levels, coupled with any upcoming market developments, will likely dictate its short-term trajectory. The historical price range and the recent break from it should be closely monitored by investors to gauge the market's next move.
by MonoCoinSignal
3
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders. Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East. SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221. Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690. The relative strength index (RSI) also dropped below a support point at the 37.00 mark. price strength is tracking at 34.90, and appears to be moving towards the 30.00 region. Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
🔥HBAR Triangle: Breakout Will Have a Tremendous Influence HBAR fell by -94% from it's highs as the most of altcoins. It has and additional advatage: someone's support it's price. It bounced by +150% and +80% while most altcoins just consolidating. The pressence of the buyers support gives me additional confidence that this altcoin will be a top gainer at the bull market. The closest targets are about +108% ($0.1) and +450% ($0.27). It's possible to reach the second target only in case of $40-46,000 per Bitcoin. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
6
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDER !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) also edged lower today, as prices approached a key support point. Following a high at 0.000007479, SHIB/USD declined to a bottom at 0.000007258 earlier in today’s session. As a result of this surge, the world’s second-largest meme coin closed in on a price floor at the 0.00000710 level SHIB has not hit this point yet, the RSI has collided with a floor of its own at the 43.00 mark. the index is tracking marginally below this point at 42.88, however, should this downward trend continue, SHIB will almost certainly hit 0.00000710 in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
4
SHIB, ARE WE IN FOR A PUMP?📈 Analysis: After nearly a month of consolidation, SHIB seems ready to rejoin the cryptocurrency market action. Accumulation and Support: During this period, SHIB held strong support levels within the range of 0.00000710 to 0.00000705, clearly marked in the highlighted box. 🚀 Bullish Signals: On the daily chart, SHIB shows signs of breaking out of this accumulation zone, backed by a 12-hour bullish price action. Our primary focus remains on the daily chart. Key Indicators: To validate a bullish scenario, we require a shift in market sentiment, a flip of the blue zone on the daily chart, strong bullish volume, and possibly some bullish news. 💹 The Potential Upside: If these conditions align, we may witness a significant pump, targeting the next zone of interest at 0.00000100, offering a potential 30% upside. This level correlates with a longer-term trend line, easily visible on the 3D chart. Confirmation: For confirmation of this educational idea, watch for a break above this level followed by a retest. Disclaimer: This analysis serves as guidance and not definitive instructions. Conduct thorough research and consult with a financial advisor before making any investment decisions.
Long
by Blast910
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day. After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session. This happened as traders continued to move the price away from the recent support point at 0.00000710. it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart. The relative Strength Index (RSI) must first move above the 44.00 mark. the index is tracking at 42.14, with SHIB trading at 0.00000754. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video SHIB hugging the 100ma here on the hourly can be a cooker pressure on price If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself. DXY is on the edge tho If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions). DXY can fail If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets. Keep an eye out for changing data.
Long
by SoftQuant
20