🔥 SHIBA High Risk / Reward Reversal: Oversold BounceSHIBA is trading inside a sideways wedge pattern. This pattern has been playing out for nearly a year now, so the expectation is that the support will cause some kind of bounce.
A less risky approach would be to take profits around 1000 instead of 1300.
To add to this analysis, the 3-day RSI is approaching oversold levels very rapidly. An oversold 3-day RSI can often cause a major long-term bottom to be set.
Shiba
MIMIR: Algorithmic Trading Unveiling Massive Potential with $0.6We conducted a thorough analysis of MIMIR, comparing it to over 500 volume coins, and the results indicate that MIMIR has a promising potential for a good return. This is due to the introduction of a new level of ALGORITHMIC TRADING SCAN.
The $0.025 Target is very important for the coming time, which could lead to an increase in MIMIR's trading volume. Considering the maximum supply of this coin is 100 million, with a market capitalization of around 40-60 million, it is feasible for MIMIR to reach the $0.60 Target.
However, it's important to always conduct your own research and be aware of the risks associated with investing in any meme coin.
This update will be documented as an ALGORITHMIC TRADING update. We will continue to monitor this meme coin both in the short term and the long term.
Potential Growth and Support LevelsDuring the preceding week, SHIBA has demonstrated a sustained presence within the support range of $0.00000872-$0.00000852, forming a short-term range channel. This channel is positioned at the lower end of Shiba's descending channel in the short term. In the forthcoming days, a breach of the channel's upper boundary may indicate potential growth for Shiba, targeting the resistance levels at $0.00000950 and $0.000010. These resistance levels reside at the upper limit of the descending channel and hold significant importance for Shiba's price movement. The current support range, if upheld, presents a favorable demand area for the short and potentially medium term. A breach of the channel's upper boundary could lead to an upward trajectory towards higher price targets.
Pepe Overtake Shiba Inu or going to zero - The Meme War SagaPepe minting millionaires in its first month. Has ZERO utility and is a playground for whales to pump and dump their friends. However the steam may not have ended and this is the moment of truth for our friend Pepe. If we can create a higher low here, I think there’s reason to believe Pepe could head to 0.000006. However with the massive downfall there will be tons of selling along the way, so can Pepe fight it’s way through or will we see an early death?
Only play with what your willing to loose. Best of luck to my fellow degens.
🔥 PEPE vs SHIBA: Comparing Two Meme Tokens' First DaysPEPE and SHIBA are arguably very much alike. Both are so called meme tokens which made incredible returns in a span of a couple of weeks. Millionaires were made here.
As with all highly traded tokens, both arrived at Binance at some point in their lifetime.
As with a lot of tokens, the fact that it's arrived on Binance is not necessarily bullish in the short-term. The announcement is bullish, but once trading opens there's a high probability for a dump. Buy the rumor sell the news.
SHIB dropped nearly 90% in the first month after it arrived on Binance. PEPE has dropped around 65% within the first 4 days. Although there's definitely a decent probability for a nice reversal, we should also consider the fact that PEPE can drop much lower.
On the other hand, once PEPE has stabilized it would likely be a decent time to start buying in anticipation for a potential pump (10x!) like SHIB.
Remember that PEPE will most likely follow a different path than SHIB did back in 2021. Trading based on fractals is ill-advised, but can still offer some guidance on what we can potentially expect.
SHIB - Around Support Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
SHIB is now sitting around 0.08 support in blue.
🏹 For the bulls to take over short-term , we need a break above the last major high from H4 highlighted in orange.
🏹 And for the bulls to take over from a long-term perspective , we need a daily close above 0.000012 resistance.
📉 If we break below 0.0000097, we will be expecting further bearish movement.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SHIBUSDT, in accumulation phase and is getting ready🦬Hello guys, Everything is clear on the chart for you like always. Shiba has been in trade range and heavy accumulation after the decreasing phase, so the ascending phase will start soon. You can consider it and monitor the price's actions in the circle to enter or increase your Shiba tokens.
Good luck.
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Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. Shiba baad az ravande nozooli dar ye nahiye reng va anbasht sangin gharar dard va bezodi faaze so'odi ro shoro mikoneh. dar zaman rizeshe bazar raftar gheymat dar dayere ro rasad konid baraye vorode jadid ya ezafe kardan be Shiba hayetan. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
Shiba Inu SHIB Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments.
The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak.
Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier.
Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market.
SHIB/USDT shot
Entry Range: $0.00000950 - 0.00001050
Price Target 1: $0.00000900
Price Target 2: $0.00000810
Price Target 3: $0.00000720
Stop Loss: $0.00001250
SERP Shibarium Dex With Leverage LOLWell I do believe super degen season will come eventually if we are not in the begining already. SERP is a decentralized trading dex that offers leverage that is set to launch the soon to be realeased shibarium platform.
What do I know about shiba? Shiba is nothing more than blockchain based trading card but it is one with a massive community.
High hype projects with a community like shib all waiting for these kinds of things to lauch means BUILT IN USERS.
Starting at near zero in a new eco system with built in users ready to spend money and drive the hype for new users is a good place to be.
This is where we are now not later. When they run it is fast and hard often leaving many looking for a retrace to get in that never comes until they dump or FOMO the top.
This project seems to be attempting to set them selves up very well to be ahead of the shibarium game. They have launched early and are offering a product of high appeal to the average user of the shib community.
Seasoned users want decentralized dex's but also want the ability to use leverage and SERP offers both.
If fees are low, there are tokens to trade, and bulit in users to drive the hype the herd will come.
Target is 3000-3500% ..... .000065 When no idea
These projects are HIGH RISK but that should only be a deterent if irresponsibly investing large amounts of capital.
Small amounts of capital with a risk profile of 100%
Starting from near zero very small amounts of capital can grow quite quickly making them low risk with extremely high reward.
At the end of the day I know very little about the fundamental of shiba, shibarium, or SERP. I do know they have a massive amount users, users buy and sell, and for some strange reason they have hype for the volume.
Shiba Inu SHIB Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Shiba Inu:
SHIB/USDT shot
Entry Range: $0.00001000 - 0.00001100
Price Target 1: $0.00000950
Price Target 2: $0.00000870
Price Target 3: $0.00000800
Stop Loss: $0.00001250