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SHIB/USDT: Potential Breakout and Retest - Trade Idea!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. SHIB is showing some interesting signs on the chart. We've seen a potential breakout from a previous resistance level, and the price is currently retesting that level as support. Additionally, the 100-day moving average (100MA) is acting as potential support. This could be a buying opportunity for those interested in SHIB. However, it's important to manage your risk. Here's a possible trade setup: Entry: Current market price (CMP) with potential for adding more on a dip down to $0.000024 (be sure to use a stop-limit order for this) Target: 80-100% potential profit (be sure to set realistic take-profit orders) Stop-Loss: $0.00002225 (place a stop-loss order below the support level to limit potential losses) Remember, this is just an idea, and the market can be unpredictable. Always conduct your own research before making any trading decisions. What are your thoughts on this SHIB setup? Share your analysis in the comments below!
Long
by CoreCrypto1
1
SHIB to 0.1Trend Line: The SHIB price is moving below a descending trend line. A breakout above this line could signal the beginning of an upward trend. Support and Resistance: The price is currently testing the level around 0.025. A significant resistance level is visible around 0.070 and 0.100. Indicators: The chart shows green and red arrows, which may indicate buy and sell signals. Given the last green signal, it suggests a potential price increase. Trading Volume: Increased trading volume in the past indicates trader interest. If the volume increases during a price rise, it could confirm a bullish trend. Prediction: If the SHIB price breaks above the descending trend line and successfully breaches the resistance level around 0.070, it is possible that it will continue to rise towards the value of 0.100. It will be crucial to monitor the breakout above the descending trend line and the price's reaction at the resistance levels.
Long
by Bitcoinblockchainonline
💎 GTAI/USDT : The GTAI/USDT Surge to New Heights ! Agree ?Upon reviewing the GTAI/USDT chart, we observe that the price began to rise following our last analysis and achieved the expected return we anticipated. The short-term expected return was between 20% to 50%, and the price managed to increase by more than %26, reaching up to $2.30! It’s likely that after a minor correction, we will see the price grow again. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
💎 LITECOIN (LTC) - Investment Opportunity (READ THE CAPTION)Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in order, are $92.5, $115, $200, and $268. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
💎 CHILIZ (CHZ) - Investment Opportunity (READ THE CAPTION)Upon reviewing the #CHZ cryptocurrency chart on a weekly (logarithmic) timeframe, we observe that the price, after a correction down to $0.10270, has once again encountered demand pressure and has managed to grow to $0.13130 up to this moment. The yield of this analysis has been over 30% so far and remains valid! The next targets, in order, are $0.16890, $0.215, $0.297, and $0.39360! The expected long-term yield of this cryptocurrency is over 250%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
5
💎 BITCOIN (BTC) : Going Higher or What ? (READ THE CAPTION)Hello traders ! Upon reviewing the Bitcoin chart in the weekly timeframe (logarithmic), we observe that after the price dropped to $56,000, it encountered demand as expected, presenting an attractive buying opportunity to purchase at a discount. The return on this analysis from last week until now has been over %15, and the price was able to rise from $56,000 to $65,000! Currently, the price is trading around $62,000, and the other assumptions of the previous analysis remain valid. The medium-term targets for Bitcoin are, in order, $77,000, $85,000, and $100,000. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
11
💎 BITCOIN (BTC) : First SHORT , Then LONG (READ THE CAPTION)Upon reviewing the Bitcoin chart on a weekly (logarithmic) timeframe, we observe that the price is trading around $61,200. It might penetrate below $59,500 to gather more liquidity! Let’s examine the scenarios together: if the price stabilizes and closes below $59,500, we may see a further decline, possibly even a correction in Bitcoin down to $53,210. This would be the first attractive demand zone. The second appealing buying range would be between $38,600 and $43,000, which you should keep an eye on! Note that Bitcoin corrections are buying opportunities for those who missed out on the previous upward trend. The medium-term targets for Bitcoin are, in order, $77,000, $85,000, and $100,000. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
4
💎 GTAI/USDT : More Bullish ? +37% so far ! (READ THE CAPTION)By checking the GTAI/USDT chart, we can see that the price entered the range of our desired demand zone ($1.60 to $1.77) and after that the price increased to $2.36 with a 37% growth! Now, the price is trading in the range of $1.83, by stabilizing the price above the specified demand range, we can expect the growth of this cryptocurrency again! The expected yield in the short term is between 20% to 50%! THE MAIN ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2
SHIB's Critical DipThis price point is closely approaching a critical support level at 2098, situated at the bottom of a previous gap, indicating a significant area where the asset might find a footing if the downtrend continues. The current price is nearing the lower Bollinger Band, suggesting that SHIB is potentially entering an oversold territory. This could be a precursor to either a continuation of the bearish trend or a reversal if the asset is deemed too undervalued. Volume: The trading volume is exceptionally high at 1.078 trillion SHIB, indicating significant market activity. Such high volume associated with a downtrend typically confirms strong selling pressure. The price is below the SMA of 2207, signaling bearish momentum. Prices below the SMA generally indicate that the asset is currently in a downturn relative to recent price history. The %K (10.2) and %D (11.6) values are below 20, which often suggests the asset is oversold and might either see a short rebound or continue to drop if the selling pressure doesn't ease. At 26, the RSI further confirms that SHIB is oversold. This indicator often signals that the selling may be overextended, and a reversal could be imminent, depending on market conditions. The MACD line below the signal line with a negative histogram value reinforces the strong bearish momentum observed in the market. The chart indicates a robust resistance to upward movement, suggesting that any potential recovery may need significant volume and buyer interest to break past established resistance levels, particularly around 2552. With the market indicators pointing towards an oversold condition, investors should watch for potential stabilization or a minor price recovery. However, the overarching sentiment remains bearish, and caution is advised. This technical posture might offer a strategic point for traders to consider entry for a short position if expecting further decline, or to prepare for a possible buying opportunity should the indicators suggest a strong reversal is likely.
by MonoCoinSignal
📈 Shiba Inu Coin: On the Rise Again! 🚀 Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀 📉 Analysis: Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency. 📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a significant upside potential for traders and investors alike. 💼 However, it's essential to consider the broader market trends and factors influencing SHIB's price movement. Market sentiment, regulatory developments, and overall cryptocurrency market conditions can all impact its trajectory. 🔍 Traders should keep a close eye on key resistance levels and monitor any developments that could affect SHIB's performance in the short to medium term. 🚀 Overall, with its recent bounce off support, Shiba Inu Coin is showing resilience and potential for further upward movement towards the 0.000036 target.
Long
by Shibunacci
1
SHIB - DUMP Incoming 📉📉Hi Traders, Investors and Speculators of Charts📈 Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers. The next likely support is only at the moving averages, with both the 50d and 100d roughly at the same place (price tags on the right hand side). If the markets do not turn around in the immediate future, SHIB could drop as much as 40%, since it drops much harder than BTC and ETH during liquidity rotations. Considering that this is the weekly timeframe, it may take some time for the price to reach the moving averages trendlines. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SHIBUSDT
Short
by CryptoCheck-
1