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Shiba

SHIB/USDT Break and switch to Bullish Momentum or Rejected ??💎 SHIB has certainly caught our eye, navigating within a descending channel formation. Recently, SHIB initiated a noteworthy ascent after rebounding from the demand zone. 💎 However, for SHIB to shift into a bullish gear, it needs to conquer a significant milestone: breaking free the descending channel pattern and overcoming the local resistance. Probability this breakthrough could set the stage for SHIB to smoothly continue its upward trajectory, aiming for the supply zone and probability of reaching the Bearish OB. 💎 On the flip side, if SHIB stumbles in its attempt to breach the pattern or faces rejection at the descending channel's resistance, it might necessitate a retreat, seeking renewed strength by returning to the demand zone. 💎 The outlook becomes bleaker if, during its reassessment at the demand zone, SHIB finds the area unable to withstand the selling pressure. A failure to uphold the demand level, marked by a decisive breach, could propel SHIB into a continued downward spiral, steering it towards the critical support territory.
by MyCryptoParadise
SHIB/USDT Nest possible move? 👀 Shiba Today Analysis💎 Paradisers, turn your attention to SHIBUSDT as it navigates within a demand zone, signaling potential upcoming developments. 💎 For a considerable duration, SHIBAINU has been tracing a descending channel pattern, with the upper boundary consistently acting as a formidable resistance. 💎Currently positioned within the demand zone, our analysis leans towards the possibility of the asset challenging the aforementioned resistance once again in the near term. 💎 However, given the prevailing market uncertainties, should SHIB breach the demand zone, be prepared for a potential bearish descent. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
by MyCryptoParadise
SHIB Shiba Inu Price Tgt | Binance vs SEC Lawsuit|Whales DumpingIf you haven`t bought SHIB here, before it went parabolic: Then you need to know that Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, my price target for SHIB Shiba Inu is $0.00000670. Looking forward to read your opinion about it!
Short
by TopgOptions
1
shib → another downward movementhello guys... as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down! now I believe this coin wanna start another downward movement until the 0.61 fibo level at least! _____________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
9
SHIB/USDT planning bullish ride? 👀 🚀 Shiba Inu Today AnalysisParadisers, pay attention! Let's delve into the enigmatic rise of SHIBUSDT, currently situated in a demand zone and primed for a potential bullish surge👀 💎 We've recently noticed that it hit a specific resistance level at 0.00000856 and faced rejection from an overhead supply area. Interestingly, it's once again approaching this same resistance level. 💎 Given the presence of an unaddressed supply zone, it's highly likely that the price will break through this resistance and reach higher OB levels soon. 💎 However, keep an eye on the invalidation zone; if the price dips below 0.00000635, consider a short entry to capitalize on the downward movement. Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Long
by MyCryptoParadise_Simon
Potential for Further Decline Amidst Bearish SentimentSHIB experienced a notable price decline over the past week, reaching the lower boundary of its established price channel at $0.00000750. The current scenario hinges on a potential favorable response to this level, marked by a break in the prevailing downtrend line. Such a development could signify a positive indication for price appreciation, with the possibility of a rise towards the upper boundary of the channel. In the context of the 4-hour time frame, there is an almost balanced distribution between bearish and bullish candle formations. However, the relatively small bodies of the bullish candles indicate the limited strength of buyer interest. This sentiment is further underscored by the fact that, when observed on the daily time frame, all candles from the preceding week display bearish characteristics. Consequently, the breach of the upward dynamic support line has introduced the potential for a retracement to the aforementioned range. This retracement, if realized, might lead to a continuation of the ongoing downward trajectory in SHIB's price. A possible outcome of this scenario could involve a further decrease in the value of Shiba Inu's cryptocurrency, potentially approaching the support zone around $0.00000600.
by MonoCoinSignal
4
SHIB Re-entry Opportunity: Seize the Potential!For those who may have overlooked the prior notifications, an opportunity has resurfaced to engage with SHIB once again. Recent performance of SHIB has been notably positive, positioning it with the potential for a resurgence to the $0.011386 level. Consideration for Re-entry: Within the range of $0.009728 to the current market price (CMP). Assigned Stop Loss: $0.009409. Projected Target: Aiming for gains between 10% to 15%. Recommended Leverage: Optimal use of 5x to 10x. Trade Category: Specifically tailored for futures trading. Please be advised: I have conducted thorough research and analysis, fully acknowledging the inherent risks associated with leveraged trading. Prior to any investment, I urge you to conduct your own diligent research. Best regards, Team Dexter.
BINANCE:1000SHIBUSDT.PLong
by Dexter_The_Trader
4
Shiba - Bullish setup -$ SHIBUSD ✅Hello Traders, BINANCE:SHIBUSDT after a long period of consolidation and accumulation is showing bullish signals. At the moment we have the yellow trend line acting like resistance with high chances to be broken targeting 0.000015-0.0000155 price levels. We need a daily break of this resistance to have a breakout signal. The Yellow curve is showing the next movement based on my view on this asset. The best entry is at the resistance test, if holds on 4H timeframe after a breakout and acts like support sure the bullish movement will be very strong.
Long
by IllyrianTrader