Shibainu
BITCOIN 1D : big dump ahead?In the previous analysis, we mentioned the support range in the chart, and as you can see, if this area is broken, we will have a falling trend to $25,000 and below, and otherwise, if this range is maintained, we will have the possibility of the price returning to the $31,000 area.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Shibainu 🐕 Technical analyst ( daily)In the daily time frame, Shiba is still stuck in a triangle, this triangle will be ascending after the break, in fact Shiba can go up to 1700, based on the harmonic and Fibonacci patterns and the triangle pattern.There is only a possibility of a sharp increase up to the 720 area. If someone does not use the lever, I am sure he will make a profit.
Could SHIBUSD outperform BTC after potential bounce back?Are you tired of hearing about Bitcoin's ups and downs? Let's talk about something more exciting - the SHIBA INU bounce back!
So why should you care? For starters, SHIBA INU has been making waves in the metaverse. That's right; there's a whole Shiba Inu universe out there waiting for you to explore. From NFTs to gaming, the possibilities are endless.
And let's not forget about the community. The Shiba Inu community is one of the most passionate and dedicated groups. They've even donated millions to various charities, including COVID-19 relief efforts.
So what are you waiting for? Don't miss out on the SHIBA INU hype train. Instead, join the community, explore the metaverse, and see why this little pup is giving Bitcoin a run for its money.
shib iz going down coz Mr. T diseriesHi low my dears, I think its time to start sharin' with u my mega top trades :)
First of all thanks for watchin' and lets look at the chart:
Everything is on it, and its clear that we see Mr. T, a Triangle, one of my most lovely Elliott's waves pattern. That a big one i say, and when wave E will be finished, we will hear some hamsters screams, when its go down about -50%.
I please you, do NOT press 'like rocket' button, even if u really like the idea. Press it if u AGREE with it
see ya, green pnl catcherz
✴️ Shiba Inu Higher Low In ProcessAfter a very strong bullish breakout in early 2023, from January through early February, Shiba Inu is now in the process of producing a higher low.
The correction has been going for more than 3 months (107 days) and we are seeing bullish action today.
There is a hidden bullish divergence with the RSI and this is all happening after a classic ABC EW correction.
These signals are pointing to a potential reversal.
More details on the chart.
Namaste.
SHIB | Shiba Inu showing a nice bullish divergence SHIB | Shiba Inu showing a nice bullish divergence
Shiba Inu - looking like a good potential bounce with a n oversold bullish divergence in play
| Untested Weekly Pivot In Play
| Room to rise before 20 D.EMA becomes key resistance
| Bullish Divergence
| CVD Trendline Break
| Oversold on the CVD, leaving room to grow
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Shiba Inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO.
Musk, who acquired the social media company last year, has been at the helm since the takeover but has found a long-term replacement.
Following a high of 0.000008746 on Thursday, SHIB/USD dropped to a bottom of 0.000008549 earlier in the day.
As a result of this sell-off, Shiba inu moved close to Monday’s low at 0.00000835, which was the weakest point the meme coin has hit since January.
Looking at the chart, this latest move occurred as the relative strength index (RSI) moved deep into oversold territory, with a current reading of 23.02.
However, this gives hope to longer-term bulls that a reversal could be on the cards.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
The fall will continue around 0.000008540 but don't worry.I don't want to make a bad analysis about Shiba, which is a very energetic meme coin with buyers and big whales, but it needed a correction a long time ago. Anyone who drew a trend line knew this easily. But the good news is that once the fall is over, it can be a fast start again.
Analysis: because the price has been broken, a fall has occurred, and if it breaks 0.000009972 again, we will have a fall to the price of 0.000008540. And if the downtrend ends there, we will have a quick rise to 0.000009972, which will make a pullback and then continue its growth as before. It should be mentioned that the red line is the trend line in the weekly time, where the fall ends, and that is where you can make the best purchase. Good luck.
SHIBUSDT 1D: INSIGHT
My analysis suggests that Shiba Inu may experience a downward trend soon. To explain this, I'll first discuss the concepts of premium and discount in trading. An asset is at a premium when its price is trading above its fair value and at a discount when it's below its fair value. Traders take short positions at the top of equilibrium and long positions at the bottom to take advantage of market inefficiencies.
Moving on to the reasons for a potential downward trend in Shiba Inu, a bearish symmetrical triangle pattern in the chart suggests a possible downward breakout. Multiple bearish order blocks indicate significant selling pressure in the market. Finally, 3 different strategies, including the bearish symmetrical triangle pattern, bearish order blocks, premium and discount concept, confirm the same bearish bias.
In conclusion, my analysis indicates a potential downward trend for Shiba Inu. However, traders should always conduct their own research before making any trades.
SHIB Daily ChartSomeone told me to make my chart more colorful. They thought this was an improvement. What do you think?
Read between the lines.
In the past SHIB has spent somewhere around 7-14-ish days around the foundational support, meaning launch potentially the 14th/15th. Will support hold this time? Shall we break towards prior all time highs? I don't know the future for sure, but it sure seems so.
Shibusdt | Update Shibusdt
Shib lose the support on daily time frame and price is bleeding slowly
I am expecting the next buying opportunity from 0.000082
This entry will be the best entry for mid term
Do Your Own research and always manage risk
If You are satisfied with our work make sure to follow us for more ideas
PEPECOIN IS ALMOST DONE FOR NOW - THEN SUMMER BLOW OFF ZCASHMemetics is a study of information and culture. While memetics originated as an analogy with Darwinian evolution, digital communication, media, and sociology scholars have also adopted the term "memetics" to describe an established empirical study and theory described as Internet Memetics. Proponents of memetics, as evolutionary culture, describe it as an approach of cultural information transfer. Those arguing for the Darwinian theoretical account tend to begin from theoretical arguments of existing evolutionary models. Those arguing for Internet Memetics, by contrast, tend to avoid reduction to Darwinian evolutionary accounts. Instead some of these suggest distinct evolutionary approaches. Memetics describes how ideas or cultural information can propagate, but doesn't necessarily imply a meme's concept is factual.
Social excitement will peak soon, as large central exchanges list PEPECOIN
those events will create the ultimate blow off top and necessary volume distribution. then the coin must consolidate for a couple months before taking a second mainstream wave even higher.
SHIB/USDT: Consolidation Phase Signals Impending RallyIt looks like the BINANCE:SHIBUSDT trading pair has been moving within a rectangle pattern on the chart for almost a year now. Based on the current analysis, it's likely that there will be a short pullback of about -26.09% before Shiba Inu breaks out of the rectangle. Once that happens, the price is expected to increase by at least 254.90%. However, this will largely depend on the development and success of Shibarium, a layer-2 (L2) blockchain network being built on Ethereum specifically for Shiba Inu.
Shibarium is expected to offer several benefits, including faster transaction speeds, lower fees, increased token utility, and an easier development process for decentralized applications (DApps). If Shibarium lives up to its potential, it could be a game-changer for the Shiba Inu community and the Shiba Inu token's value.
So, if you're currently holding Shiba Inu and considering what to do next, it might be wise to keep an eye on Shibarium's development and the progress of the Shiba Inu price within the rectangle pattern.
It's important to note that investing in cryptocurrencies is inherently risky due to the volatile nature of the market. Therefore, it's crucial to conduct thorough research before making any investment decisions and to have a sound investment strategy that aligns with your individual goals and risk tolerance.
May the markets be ever in your favor!
SHIBA can drop moreHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SHIB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You