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Shibainu

What's next after Shiba Inu (SHIB) 10% recovery?Shiba Inu (SHIB) has seen remarkable whale interest during this week’s recovery rally. The rally, which started on the 19th of August, reaching a 10% gain during the early New York trading session on the 22nd of August.  The recovery also coincided with a recent Shiba Eternity game launched on its Shibarium network. However, the recovery hit a short-term supply at the 61.8% Fibonacci retracement level.  After a massive dump on the 5th of August, SHIB has traded sideways between 61.8% ($0.000014) and 78.6% ($0.000012) Fib levels.  The recent recovery has reached the short-term range-high at $0.000014, which could trigger another sell-off as seen in the past.  Meanwhile, demand and buying pressure surged, as indicated by rising RSI (Relative Strength Index) and CMF (Chaikin Money Flow).  However, demand interest in the dog-themed memecoin was not above the average levels at the time of writing, which could make it challenging to cross the resistance at $0.000014.  So, if Bitcoin’s (BTC) price consolidation below $61K extends, SHIB could follow suit. Ergo, the short-term range highs and lows could remain key SHIB levels to watch in the short term.
by paul_endeo
Shiba FRACTAL : FEB 2024 - 330% in 2 WEEKSBINANCE:SHIBUSDT Many altcoins are currently in Accumulation Phase. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how BTC loves Decembers: The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading. Here's a look at SHIBA's best buy zones in more detail, as well as other altcoins that are in or approaching the ideal buy zone:
by CryptoCheck-
4 to 1 Reward vs. Risk $500 SHIBA TRADE AT 20X.Shiba Inu is very popular in Japan, and with the economy spiraling into the depths of despair in Japan right now, it's only a matter of time before the Japanese people will be flooding into assets in an attempt to preserve their buying power. I think Shiba Inu will be one of the beneficiaries of this coming flight to safety. Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer! Good luck!
COINBASE:SHIBUSDLong
by MetaShackle
4
Bitcoin Weekly Analysis: Potential LONG ! (READ THE CAPTION)By reviewing the #Bitcoin chart on the weekly timeframe, we can see that the price is currently trading around the $59,500 level. The key level to watch tonight is whether Bitcoin can hold above $58,700. In my opinion, Bitcoin is likely to soon rally towards $63,400. However, once it reaches this level, we might see a negative reaction. After observing this reaction, we can better assess Bitcoin's next potential move. 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 ((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Long
by ArmanShabanTrading
14
GTAI/USDT : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the #GTProtocol chart on the 4-hour timeframe, we observe that, as expected from our previous analysis, this cryptocurrency has grown by 13% to reach $0.5620! Now, after a correction that brought GT Protocol down to the $0.48 level, we see support at this range. If the price can stabilize above the support zone of $0.45 to $0.48, we can anticipate further growth from this cryptocurrency! The expected short-term return is 9%, and the mid-term return is 45%. 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
SHIB Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: SHIB is currently in a downtrend and is likely to fall further if the market faces another bearish scenario. The price at $0.0000135 is currently hovering between support and resistance. The RSI is close to the oversold zone, indicating some room for further bearish movement. A quick market reversal could change the outlook, but nothing can be confirmed at this time. Key levels: - Lower Support: $0.000006836 - Primary Resistance: $0.00001799 - Resistance Trendline: $0.000025 - Target: Previous all-time high DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
GBP/USD : The Price Will Fall ! (READ THE CAPTION)By examining the GBP/USD chart in the 4-hour timeframe, we observe that the price has entered our desired supply zone as expected and has shown an initial reaction to this level. I expect this pair to decline in price with the market opening, with the first target being 1.27050. 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
Short
by ArmanShabanTrading
5
Ethereum Weekly Analysis: Bulls are Coming! (READ CAPTION)By examining the #Ethereum chart in the weekly timeframe (logarithmic), we observe that last week, the price entered the desired demand zone and, after dropping to $2110, encountered buying pressure again. Currently, it has managed to rise over 20% and is trading around $2500. As you know, this support level is crucial for the beginning of the next bullish trend, and if the price stabilizes above this zone, we can expect further upward movement to higher levels.
Long
by ArmanShabanTrading
1
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
Long
by ArmanShabanTrading
2
Bitcoin Weekly Analysis: Bull or Bear ? (Read the Caption)By examining the #Bitcoin chart in the weekly timeframe, we observe that in the past week, the price dropped to $49,000 and then encountered buying pressure, rising up to $63,000. Currently, Bitcoin is trading around $59,750, and we need to see if the weekly candle will close below $60K or above $60K in the next 4 hours. The price might even rise to $63,400 in the coming week, after which it could undergo another correction. This analysis will be updated next week. 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
Shib path to November 2024 - 2025 Hola Shib-inu fans, I have been getting request while I was away - asking what's the next move for Shib in this current market today. Along with questions such as: Why is it crashing so much? Should you buy, hold, or sell? Where do you see the market in the next year? To answer that question is simply put I can not answer that directly at this time. Reason being, the market is currently influenced by the United States political and economical climate and is likely going to make an even greater impact based on which candidate wins office. Republicans🐘 vs 🐎Democrats Currently control the market movement, and if you don't believe me, after Donald Trump was shot, Republicans believed that this would land Trump a landslide victory, so Whales and influencers to the market flooded the main crypto wallets BTC and ETH among others with rally that led the price of bitcoin from a 56k lost back to a 70k return. Another example of how the US as well as China has a major controlling factor on how the market moves, is the fact that this most recent crash is based on the US CPI report being unsatisfactory forcing both the crypto and SnP market to crash from that outcome alone. This is mostly the results of Bitcoin and its holders trying desperately to have ETF's take center stage and by doing so gave much of the control over financial growth to the banks and the governments that control them. That's the price we paid to have ETF's we are now apart of the regulatory stock market which is mainly control by the US market base. So to understand where the next move for shib may lead is basically impossible to tell depending on who wins in November, so to help with this issue, I made a pathing map, and possible areas of concern for holders to look out for on a modified day chart converted to a weekly chart. This path starts and end in November of 2024 to 2025 where if the republicans win, it will influence buying power from whales looking to capitalize on the returning president trump and the republican party new policies that want to put in place that is more beneficial to those with wealth they which to extend further. vs Another democratic win where policies may not change to much but will be a greater impact on the financial markets as a whole which will not rally whales if any at all and will likely cause a selloff in much of the markets not just in crypto. So hopefully this map helps guide you to a positive path to riches or avoid a possible path to ruin.
by Grandmaster_Oz
9
Shiba Inu Price Drops 22%. Can it break the trend?The 22% drop in Shiba Inu’s price over the last 24 hours results from bearish investors and similar market conditions. Signs of SHIB holder’s negative sentiment became evident following the shift in funding rate. The funding rate indicates that SHIB investors have been anticipating a decline, with their expectations aligning with the recent drop in price. Their concerns about a downturn were realized as soon as the price turned red. The Chaikin Money Flow (CMF) further illustrates that Shiba Inu investors have been actively withdrawing their investments. This trend of significant outflows highlights growing caution or dissatisfaction among the investor base. Shiba Inu’s price at $0.00001105 fell below the support of $0.00001141, leaving the altcoin vulnerable to falling to the support of $0.00000898. This level has prevented further decline in the past, and SHIB could bounce back from it. To recover and break the downtrend line, the meme coin must first turn $0.00001473 into support. Given the current challenges, this could be difficult, and SHIB might consolidate below this level. On the other hand, if SHIB investors change their stance and turn bullish again, recovery is possible. Breaching the downtrend line would invalidate the bearish thesis and help reclaim lost profits.
by paul_endeo
Strong selling pressureBINANCE:SHIBUSDT Shiba has faced a sharp decline in price, and as you can see, it is below its downward trend line and it has failed to break through identified resistance levels. This indicates strong selling pressure and decreased investor confidence. Support and Resistance Levels: Support Level: If the downtrend continues, the price is likely to reach the support level of 0.0000137885. This level acts as a key point to prevent further price declines. Resistance Levels: To reverse the current downtrend, the price needs to break out of the descending channel and surpass important resistance levels at 0.0000150638 and 0.0000160392. Breaking through these levels would indicate a return of buyer strength and the potential start of an upward trend. If the price fails to break through the key resistance levels, the selling pressure may continue to push the price downward. Conversely, if the price surpasses these levels, the likelihood of a trend reversal and an upward movement increases.
by MonoCoinSignal
Dogecoin Weekly Analysis: +100% Expected Return! (READ CAPTION)By analyzing the #Dogecoin chart on the weekly (logarithmic) time frame, we observe that the price finally managed to fill our desired FVG with a powerful drop, followed by a 57% surge from $0.091 to $0.1437. Now, we can see on the chart that, like other cryptocurrencies in the market, Dogecoin has also undergone a price correction and is currently trading around $0.1130. If the price stabilizes above the $0.091 level, we can expect further growth from Dogecoin, with the next targets being $0.14, $0.1660, and $0.23. The expected return in the medium term is over 100%. 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
Cardano Weekly Analysis: Ready for LONG ? (READ THE CAPTION)By analyzing the #Cardano chart on the daily (logarithmic) time frame, we observe that the price has started to rise as we expected in our previous analysis, hitting the first target at $0.42 and the second target at $0.45! After gathering the necessary liquidity, it began a further correction and is currently trading around $0.368. As you can see, the $0.317 to $0.36 range is an important demand zone, and we need to see if the price will stabilize above this level. If the price stabilizes above this support level, the medium-term targets will be $0.3810, $0.4270, and $0.4570, respectively. 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
Ethereum Weekly Analysis: First Short, Then LONG! (READ CAPTION)By analyzing the #Ethereum chart on the weekly (logarithmic) time frame, we observe that after the price reached the Bearish OB zone between $3750 and $4150, it faced selling pressure and corrected down to $2800. Currently, the price is trading around $3000, and we need to see if the support at the $2900 level can hold. In my opinion, Ethereum might correct down to $2500 before starting its next bullish move, driven by increased demand in that area. The important demand levels are $2176 to $2500 and $1367 to $1592. The long-term targets for the price are $4100 and $4880. 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
Short
by ArmanShabanTrading
12
Bitcoin Weekly Analysis: Key Support and Next Targets of $BTC ! Analyzing the #Bitcoin chart on the weekly timeframe, we observe that after entering our targeted supply zone, the price experienced an initial correction and dropped to $63,500. Subsequently, it encountered increased demand and was able to rise to $70,000 yesterday. As we know, $70K is a significant psychological resistance level, so the price reacted to it and is currently trading around $66,600. We need to see if the price can stabilize above the support range of $62,700 to $63,500. If it holds above this support level, we can anticipate further growth in Bitcoin, with the next targets being $72,000, $73,777, and $77,000. 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
37
$SHIB support and green zone for buying long and refillI have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance. DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take your profit and control your greed. Meme coins are not for holding long-term—make a profit, sell, and buy another one. We are in a CRYPTOCAP:BTC downtrend, so it's time to catch opportunities. In 2 months, the current prices will look very cheap. An entry at 0.000015 or less is a bargain. Then, just wait 2 months and sell at the top of the altseason.
Long
by CryptoNikkoid