Get started

Shibausdt

SHIBUSDT Technical Analysis in Daily Timeframe.Hello 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/USDT is currently experiencing bearish momentum within a descending parallel channel. Key support lies around the historical support level and the channel's lower boundary. The RSI indicates that the asset is oversold, suggesting a possible reversal or a corrective bounce in the near term. Key Elements ~ Trend Channel: Descending channel with lower highs and lower lows, indicating bearish momentum. ~ Support: Initial support around the $0.000017000 area, tested multiple times, and lower support at $0.000013000. ~ Moving Average: Hovering around the 200-day moving average is crucial for potential resistance. A breakout above this resistance will likely indicate a rally toward $0.0000234. ~ Bullish Divergence: RSI is crucial at 31.12 in oversold territory, with potential bullish divergence suggesting a possible trend reversal. Best entry for spot holding on SHIB: $0.000015 to $0.000013. Mid-term Targets: $0.0000262 to $0.000043. 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
SHIB - This Indicator says SELLSHIB has just flashed a dangerous "SELL" alert. This indicator is highly accurate in higher timeframes, especially the weekly. Look at all the "SELL" signals and how far the price drops after: From a trendline perspective, SHIB HAS to stay ABOVE the current support line (Fibonacci line 0.236). If it falls under, SHIBA will be at risk of falling to the dotted line, which is BEARISH. In case you missed it, my take on Bitcoin for the SHORT TERM: ________________________ BINANCE:SHIBUSDT
Short
by CryptoCheck-
$SHI / USDT bullish wave coming soon. Be ready!CRYPTOCAP:SHIB is in a bullish pennant flag that is about to break out to the upside. It is a beautiful flag with a huge pole, perfectly executed. The Fibonacci retracement is giving us the target price (TP) with 100% potential. Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart. Everything is aligned for a bullish wave. DYOR (Do Your Own Research), as anything can happen. This is my personal opinion, not investment advice.
Long
by CryptoNikkoid
6
Trading Analysis of Shiba Inu (SHIBA) - 4 Hour timeframeTrading Analysis of Shiba Inu ( COINBASE:SHIBUSD SHIUSD) - 4 Hour timeframe Overall Trend: Downtrend: The price being below the 50, 100, and 200-period moving averages since June 7th suggests a strong downtrend. Short-term movement: Difficult to assess: A 4-hour timeframe doesn't provide enough information to definitively say if there's a current uptick or just a small consolidation within the downtrend. Volume: High Volume: The volume of 140 billion is significantly higher than usual, which could indicate increased selling pressure or potentially a buying opportunity depending on price action. Momentum Indicators: RSI (30.00 - 40.00) : This indicates oversold territory. Oversold readings suggest the asset might be undervalued based on recent price movements, but they don't guarantee an immediate rebound. MACD: The MACD signals being below the histogram since June 7th confirms the downtrend in momentum. Summary: The technical analysis of SHIBA on a 4-hour timeframe leans bearish. The downtrend, high volume, oversold RSI, and MACD below the histogram suggest continued selling pressure. However, due to the limited timeframe, it's difficult to say for sure if there's a short-term reversal or just a pause in the downtrend. Here are some additional things to consider for a more comprehensive analysis: Longer timeframes: Analyze daily, weekly, and monthly charts to understand the bigger picture. News and Events: Look for any recent news or events that might be impacting the price of Shiba Inu. Market sentiment: Consider the overall sentiment in the cryptocurrency market. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions in cryptocurrency, as the market is highly volatile. "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy".
BITSTAMP:SHIBUSDShort
by rodulfox
SHIB TM : 1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
SHIB/USDT this can be a bullish momentum if SHIB success break!💎 Paradisers, #SHIB is indeed presenting intriguing movements that demand close observation. 💎 Currently, SHIB is encountering resistance within the ascending triangle pattern. A successful breakout from this pattern would signify a bullish trend reversal, potentially leading to significant upward movement and reaching our target resistance area. 💎 However, if SHIB fails to break above the pattern and experiences a harsh rejection indicated by a bearish candle, the price may retreat into a downward movement. 💎 In such a scenario, SHIB could revisit the trendline or even backtest the demand area to gather momentum for another attempt to break out. 💎 Upon reaching the demand area, it's crucial for SHIB to bounce back and resume its upward trajectory to reattempt breaking out of the pattern. Any sign of consolidation or weakness at the demand zone could signal potential challenges ahead. 💎 It's essential to closely monitor SHIB's price action, particularly its ability to hold above critical support levels. A breakdown below the demand area, confirmed by a daily candle close below it, would validate bearish momentum and potentially lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
17
SHIBUSDT: Two Possible Areas for Swing Buy. Dear Traders, We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish rebound. **Like and comment our ideas which will support us to bring you more educational ideas and our views on all financial instruments** Team SetupsFX_
Long
by Setupsfx_
7
#SHIB/USDT#SHIB The price is moving in a bearish channel on a 4-hour frame and is adhering to it to a large extent The price rebounded well from the green support area at the support level 0.000022000, which is a strong level. We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.00002350 The first goal is 00.00002570 The second goal is 0.00002700 The third goal is 0.00002900
Long
by CryptoAnalystSignal