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Shibainu

Shib bounced!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Looks like shib bounced off of a known flipped area. Just as long as it continues barking... I mean breaking these levels and flipping them to support could keep climbing. Next level coming up is 1165. Could reject of course so would wait for it to pop up and find support on this or one of the other levels, on the bull side. Cheers!
Long
by CryptoKnee
✴️ Shiba Inu Next Target Mapped Series ($0.2397 Next)We looked at Shiba Inu recently mentioning the potential end of the correction... This wasn't so, let's see what happened. The first bounce, 8-Mar., was fake. Now we have another bounce, how do we know if this one isn't also fake? 8-March there was no volume and thus prices continued lower and hit the 0.786 Fib support. Two days of consolidation followed and 13-Mar. we get really high volume on the way up, that's the confirmation. This can be the real deal, the real bounce/support found because buyers did show up. Initially we had the bullish signals but there was no volume support. The next potential target for Shiba Inu (SHIBUSDT) sits around 0.00002250 for a nice 100%+. Higher lows lead to higher highs and the December 2022 low is the invalidation point. This is the last one for today. Thank you for reading. See you on the next round. Namaste.
Long
by AlanSantana
8
Shiba Inu SHIB Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation. This could have have ripple effects in the entire crypto industry! My price targets for Shiba Inu SHIB are: SHIB/USDT shot Entry Range: $0.00001300 - 0.00001360 Price Target 1: $0.00001220 Price Target 2: $0.00001140 Price Target 3: $0.00001050 Stop Loss: $0.00001580
Short
by BuySellMarketMaker
1
SHIBA INU price is preparing something interesting soonTwo months ago, we presented you with the "Adam and Eve" pattern, which is now in the process of being developed. Since the publication of the previous idea, the price of SHIBUSDT has shown +75-80% growth and is now in the process of correction. However, the SHIB price is once again reaching a balanced buy zone. And looking at the chart, you can see that buyers are trying to slow down the price drop. Therefore, for the next few days/weeks, we can try to place buy orders for SHIBUSDT in the range of $0.00000984 - 0.00001044 The medium-term growth target is also +75-80%, that is, in the range of $0.00001710 - 0.00001880 The long-term target for the development of the Adam and Eve pattern is unchanged - in the region of $0.00003500 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
53
✴️ Shiba Inu Correction Likely EndingWe have a nice full green candle yesterday that pushed SHIBUSDT right back above EMA100. The correction is likely ending. In early February SHIBUSDT hit its highest level since August 2022, what followed was a correction which is normal after strong growth. Recently the 0.618 Fib. retracement level has been tested and a strong reaction took place. Notice the falling wedge pattern in gray. This is early but get ready... The correction might be reaching its end. Namaste.
Long
by AlanSantana
1
🔥SHIB TARGETS ARE HIGHER BY AT LEAST 20%!🔥 Hi friends! Shiba Inu made a pullback with other altcoins and Bitcoin. The news about Silvergate bankruptcy made a bad influence on the whole market. They failed to file their annual report, citing a regulatory investigation - they are likely insolvent and have already lost most of their partners (Coinbase, Paxos, etc.). It gives a chance to open a nice long, but we need more positive preconditions which I mention in my trading plan. 📊 TRADING PLAN FOR SHIB: 🔥 false breakout of the local low ($0.0109) and return the price above this level 🔥 volume growth is already happening, so it's a good reversal sign 🔥 bullish BTC 🚩 Friends, I use DOM and Footrpint scalping tools to track where the big guys sell and buy coins. If I will see that big guys buy SHIB during the false breakout, I will open my long with a short sl. These are very useful indicators. ✅ MY TARGETS FOR SHIB: 1. $0.0119-0.0125 - the value area and huge resistance (book 40-50% of profit here) 2. $0.014 - the key level 3. $0.0158 - the key level and local highs What is your thoughts about BTC and altcoin? Will it go down or up? Write in the comments! I want to know the mood of my dear followers! 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
SHIBUSDT hit again weekly support, next leg up to next resist.The price has found support at weekly level once again. Though it has been tested several time, I am inclined to give it one more chance and expecting the price to bounce again here at least to the next resistance zone which I see as 0 00001207. But thas not very prominent one and the price might see a bit of pullback there but will then head to 0.00001226. And if the momentum and strength is not exhausted then after experiencing a pullback here the price will head for 0.00001240. But I think lets have our target as 0.00001226 first and 0.00001207 as a pivot for moving our stop loss to the entry point. That means once the price hits 0.00001207, the stop loss must be moved to the entry point.
Long
by angela_altair
2
"Shiba Inu Coin Technical Analysis: Descending Triangle Pattern "Shiba Inu Coin Technical Analysis: Descending Triangle Pattern Indicates Bearish Momentum, Traders Beware!" Shiba Inu Price Analysis:- Shiba Inu (SHIB) has recently faced a correction phase amid increasing bearish sentiment in the cryptocurrency market. The coin created a local top at $0.00001575, after which the daily chart revealed a downward trendline and horizontal support, indicating the formation of a descending triangle pattern. As a result, the SHIB price has been responding actively to this bearish pattern, and traders may be interested in knowing how to trade this pattern. Here are the key points of the SHIB price analysis:- The SHIB price has entered a correction phase after reaching a local top at $0.00001575 amid increasing bearish sentiment in the crypto market. The daily chart indicates the formation of a descending triangle pattern with a series of lower highs, suggesting a weakening of bullish momentum. A potential breakdown below the $0.00001170 support level could trigger the bearish pattern and lead to a further price drop. The intraday trading volume of SHIB currently stands at $172,906,077 ( $172.9 Million ) , indicating a 9% loss and a bearish sentiment among investors. Traders should approach the SHIB market with caution, considering the bearish trend and the potential breakdown of the key support level. Technical Analysis Update:- The current correction in the Shiba Inu coin is being governed by a descending triangle pattern. Traders have observed that the coin's price has repeatedly reverted from the pattern's resistance trendline and horizontal support. As a result, traders are closely monitoring this bearish continuation pattern and its potential target. At present, the SHIB price is trading at $0.00001241 and remains above the neckline support of $0.00001170. With a 0.15% increase in price today, the memecoin is expected to resume its ongoing consolidation and reach the overhead trendline. In summary, the SHIB price analysis suggests that traders are closely monitoring the descending triangle pattern and its potential target. The coin's price is currently hovering above the neckline support, and a price increase is expected to resume the consolidation phase. The ongoing correction in the SHIB price is likely to be governed by this bearish pattern, and traders should be cautious in their approach. The area between the overhead trendline and neckline support is likely to be designated as a no-trading zone for the SHIB price. Interested traders must wait for a breakout opportunity to get a better confirmation of the price trend. If the price of SHIB breaks below the $0.00001170 support level with a daily candle closing, there is a higher possibility of increased selling pressure. In such a scenario, traders may consider taking short entries at this breakdown, which could cause the price to plunge by 22% down to reach the $0.00000945 support level. In summary, traders should be cautious in their approach to the SHIB market and closely monitor the price movement for potential breakout opportunities. A bearish breakdown below the $0.00001170 support level could trigger increased selling pressure, and traders may consider taking short positions. A price drop of up to 22% down to the $0.00000945 support level is a possible outcome in this scenario. Technical indicator Overview:- RSI:- The daily Relative Strength Index (RSI) slope for SHIB has dropped below the midline, indicating a shift in market sentiment from bullish to bearish. This suggests that the sellers are gaining control of the market and that caution is advised when considering any potential trades. EMA's:- The 50-day and 200-day Exponential Moving Averages (EMAs) are moving closer to the $0.00001170 support level for SHIB, which is strengthening its support power. This convergence of EMAs is a significant technical indicator and suggests that the support level is becoming increasingly important. Traders should closely monitor the price movement around this level as a breakdown could trigger a sharp price drop. If you found my content and analysis helpful, please consider liking, sharing, and following me. Your support is greatly appreciated and helps me to continue producing high-quality content for you. Thank you for your support!
Short
by CryptoPatel
3