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Shiba

SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SHIBUSDT
by CryptoCheck-
1
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside. The price has already risen to $0.00002864 , which I view as a breakout sign. Resistance Levels to Monitor - The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains. - The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development. - Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 . Crypto Impact The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter. In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
BITSTAMP:SHIBUSDLong
by Z4F4R
1
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
Short
by fxtraderanthony
2
Shiba Inu (SHIB) - Bearish Short TermShiba Inu (SHIB) has fell below the 20-day EMA (£0.000022) on April 2, indicating that the bears remain active and the price could likely push Shiba down towards the £0.000019 mark near the 50-day EMA. If the price rebounds off this level, the bulls will attempt to push the price to £0.000026. A break and close above this level will be the first sign that the bulls are on a comeback. The momentum may then attempt a rally to £0.000030.
Short
by Bitcoin_Benny
$SHIB no longer have excuses for its failureLet's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said on her tweet in 20/03 to expect a new ATH around the halving and mentioned buying the dip , let's see that the buyers on this week are on 0,00002750 (here's our support zone, and the area where significant purchases happened and will happening in the first days of this week). I believe this week will be crucial to understand if the SHIB team is still bluffing, given the performances of PEPE, BONK, and surely soon BOME, it will no longer have excuses for its failure. I want to remain LONG and hope that with the breakout of last week's high, SHIB finally returns to its ATH and creates a new one on 0,00013 (FIB 1,618 next level).
Long
by cryptoitalia2024
1
Under PressureThe SHIB 4-hour chart indicates that SHIB is in a phase of equilibrium, with the indicators collectively suggesting a market in search of direction. The price is trading just below the simple moving average (SMA), which typically suggests a balance between buyers and sellers, but also signals that the bulls have not yet gained full control to push the price upward with conviction. The proximity of the price to the upper Bollinger Band, while not touching it, implies that there is some buying pressure, but not enough to break the solid resistance. The volume is quite substantial, which sometimes can precede a significant move, but for now, it hasn't translated into a breakout, which is what traders might be watching for. The Stochastic Oscillator and the Relative Strength Index (RSI) are both in neutral territory. This alignment shows that while there has been recent buying and selling activity, neither side is dominating, leading to a consolidation pattern on the chart. Given that the MACD line is at parity with the signal line, as indicated by the histogram at zero, there's no immediate momentum favoring either a bullish or bearish move. This, combined with the RSI and Stochastic Oscillator’s neutral readings, paints a picture of a market that is currently undecided. Overall, SHIB is in a holding pattern, with the indicators waiting for a catalyst that could define the next clear move. The key levels to watch are the solid resistance above and the strong support below. A break above the resistance could signal a shift to a bullish sentiment, while a drop below the support could usher in bearish momentum. For now, the indicators suggest watchfulness and caution as SHIB navigates this zone of indecision.
by MonoCoinSignal
2
SHIB/USDT upward momentum? 🚀SHIBA Today Analysis💎 Paradisers, take note as #SHIBUSDT is on the move. After climbing out of a descending channel, it's currently challenging a key resistance at $0.00002961. Breaking through this level could pave the way for a bullish advance beyond. 💎 In light of market fluctuations, should SHIBAINU face hurdles at this resistance, we may need to rethink our strategy. A bullish recovery from the support at $0.00002803, where the price has previously stabilized, is on our radar. 💎 Falling beneath this crucial support could hint at a shift towards a stronger bearish trend, marked by increased selling. Staying vigilant and adaptable is vital as we navigate the changes in the #SHIBA market.
Long
by MyCryptoParadise
4
SHIBUSDT Shiba- Don't Miss Out! Buy Now for the Next HUGE PUMPInvestor attention is currently fixated on Shiba Inu (SHIB), and for good reason. Analysis reveals a prime opportunity for substantial gains, with an estimated 90% pump expected in the near future. Positioned within a huge area ripe for exponential growth, SHIBUSDT presents an unparalleled opportunity to potentially double your investment. The combination of market dynamics, increasing investor interest, and a surge in trading volume indicates an impending bullish rally. With the potential for such significant gains, now is the time to capitalize on this trading idea. Don't miss out on what could be a lucrative opportunity to maximize your returns with SHIBUSDT.
Long
by MOAZAM1133
2
**UPDATE ON SHIBA** BULLISH BREAKOUTDid anyone go all in ? Other company supporting and helping Shiba to eliminate lots of Zeros and Shiba will make history. Made my research and looks like more than trillions of dollars going to be burn and do not sell ; hold it. I fully know you’ll hit more than 5 figures in your profit. Buy and hold; don’t listen to those haters who know nothing about Shiba and Shiba has potential to breakout and go a lot higher. 1 cent is the target and then $1 if couldn’t reach then 0.001 The only thing I know about Shiba will hit 1$ in 2028
CRYPTO:SHIBUSDLong
by JoyBoyVegae
1
Cryptolean Shiba Inu SHIB Update Shiba Inu found a support at $0.00002399-$0.00002509, the key daily support zone. A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107. A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911. Intraday Chart The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814. (1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone. A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762. Support once read! Thank you.
COINBASE:SHIBUSD
by Trade-Lean
3