SHIBA after the retest 🚀🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
beside
we expect to see gain and pump from here ✔️
and even
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Shibainu
Navigating the Waves: A SHIB AnalysisThe dynamic world of cryptocurrency is full of surprises and SHIBA INU (SHIB) is no exception. Looking at the one-hour time frame chart, the zero Fibonacci level stands at 0.00000700. When shifting our view to the four-hour time frame, Fibonacci level of 1.618 reads 0.00000726, followed by the 2.618 level at 0.00000777. This higher Fibonacci level appears to present a firm resistance point.
With the Bollinger Bands, the upper limit is at 0.00000747, the middle at 0.00000709, and the lower boundary at 0.00000671. The stochastic oscillator and RSI sit at 79 and 76 respectively, suggesting a potentially overbought market. The On Balance Volume (OBV) stands at a staggering 316 trillion, while the Moving Average Convergence Divergence (MACD) clocks in at 0.00000613. At the time of this analysis, SHIBA INU trades at 0.00000742, reflecting a 24-hour price change of approximately 8%.
Looking at these indicators, the short-term outlook for SHIBA INU (SHIB) seems bullish. The market price surpassing the middle Bollinger Band and a robust OBV suggest a strong buying pressure. However, the high RSI warns of an overbought market and a potential pullback.
Even though such conditions often lead to a minor price drop, this is generally a natural part of a bullish trend and doesn't necessarily signal a market downturn. Nevertheless, given the inherent volatility of cryptocurrencies, this interpretation is based on current data and might change with incoming market news, major financial events, or changes in market sentiment.
Crypto trading is as much about risk management as it is about seizing opportunities. The market can remain irrational longer than a trader can stay solvent. Consistent profitability isn't about making the right call on every single trade; instead, it’s about making informed decisions over time. As traders, we must stay vigilant, keep adjusting our strategies according to market behavior, and always trade responsibly.
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here:
Or sold it here:
Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline.
Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities.
My price Target for SHIB is $0.00000500.
Looking forward to read your opinion about it!
Shib is going to reach 45~32 ZONE easily !it can reach 95 zone before it reach the 32 zone OR directly touch 45 zone
in my idea due to market condition and news we can have 45 ZONE sooner than you think on the table .
There is no way out for most of crypto currencies to get their ATH(even half of it) back less than 2024
DYOR
SHIB: Falling Wedge BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Bearish breakout from Falling Wedge pattern, price made a new Lower Low, which confirms a downtrend. It’s also broken below $0.000008 support level that held up back in late 2023. However, it is very oversold (RSI < 25) near $0.0000055 support area and could bounce up near term. Notice that price actually reached that level (daily low point) and bounced up. It’s a higher risk swing trade setup since overall trend is down.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
SHIBA - Return Of The SHIB! ✅It's been a while since we analysed SHIBA. We've been in a correction for almost 2 years but it looks like we're very close to the next big impulse.
We are currently in a WXY correction:
Wave W = 3 wave correction
Wave X = 3 wave correction
Wave Y = 3 wave correction
We are in the last wave of wave Y. All we have to do is wait for a breakout and join the move higher.
Trade Idea:
- Safe entry on break of red trendline
- Risk entry on lower timeframe trendline break (see update)
- stops under lows once red trendline breaks
- Will look to manually take profits as we move higher
Goodluck and as always, trade safe!
SHIBA more gain 🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
beside
we expect to see gain and pump from here ✔️
and even
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Shiba Inu SHIB and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
SHIB/USDT
Entry Range: $0.00000800 - 0.00000910
Price Target 1: $0.00000990
Price Target 2: $0.00001100
Price Target 3: $0.00001260
Stop Loss: $0.00000700
SHIBA ready to gain 🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
beside
we expect to see gain and pump from here ✔️
and even
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIBUSD: Showing Bullish Divergence at the PCZ of a Bullish BatSHIBA INU is Diverging Bullishly at the PCZ of a Bullish Bat after it's spent a few days trading just below it; I think it could make a run for the trend line from here and if it breaks the downtrend line then it can go for the homerun target of $0.015788
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.