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Shibausdt

SHIBA INU (SHIB) completed a setup for upto 14% pumpHi dear friends, hope you are well, and welcome to the new update on SHIBA INU (SHIB) token with US Dollar pair. In the previous trade setup SHIB was very close to enter the buying zone, but pumped without entering the buying zone as below: Now on 4-hr time frame, SHIB has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Is Shiba Poised for a Potential Breakout?BINANCE:SHIBUSDT Is Shiba Poised for a Potential Breakout? Shiba is currently showing signs of accumulating strength and potentially gearing up for an upward move. The price appears to be forming a bullish triangle pattern, and a surge could be imminent once it breaks through the triangle's bottom trendline. This potential breakout is further bolstered by the support of the 120-day moving average, which often indicates an underlying uptrend. 3 Key Points: Shiba Coin might be forming a bullish triangle pattern. Price could rise once it breaks through the triangle's bottom. Support from the 120-day moving average adds to the bullish signal. Remember: This analysis is for informational purposes only and shouldn't be taken as financial advice. Always do your own research before making any investment decisions.
Long
by Arash-RK
20
SHIB Analysis: Breakout Confirmation and Potential UpsurgeThis analysis examines the recent breakout of Shiba Inu (SHIB) and assesses its potential for further upward movement. Previous Analysis Validation:🫶🏻💪🏻 The previous analysis successfully predicted the price reaching the anticipated weekly resistance level. Breakout Confirmation:📊📈 The recent breakout above the weekly resistance level confirms the bullish trend reversal. Breakout Confirmation: The recent breakout above the weekly resistance level confirms the bullish trend reversal. 4-Hour Trendline and Triangle Pattern:✅ A breakout above the current 4-hour trendline is expected to further validate the uptrend. A successful breakout from the triangle pattern also indicates a continuation of the upward momentum. RSI and Risk Considerations:⛔ The RSI indicator is not yet in the overbought zone, suggesting that there is room for further growth. However, the lack of strong momentum warrants a cautious approach to entering new positions. Conclusion: The successful breakout of Shiba Inu BINANCE:SHIBUSDT and the bullish technical indicators suggest a potential for further upward movement. However, traders should exercise caution due to the absence of strong momentum. This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
Long
by solinash1
SHIB (Shiba Inu) Technical Analysis#SHIB has decisively broken out of its extended sideways consolidation, signaling a strong bullish shift. This analysis examines how to capitalize on this momentum by employing price action strategies in the context of the current range breakout. We'll focus on reading price action to identify opportune entry points. Be mindful of expected volatility, and prioritize rigorous risk management practices. Disclaimer: This analysis serves as a technical perspective and should not be interpreted as direct financial advice. Cryptocurrencies carry inherent risks. Always seek guidance from a qualified financial professional and thoroughly assess your individual risk profile before any investment decisions.
Long
by tradingwithanthony
1
SHIBAINU It is likely to continue to rise - Reduce the risk!Trading Setup: There is a Trading Signal to Buy in SHIBUSDT SHIBAINU (h4) (spot) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0000306 ⭕️SL @ 0.0000225 🔵TP1 @ 0.0000540 🔵TP2 @ 0.0000667 🔵TP3 @ 0.0000830 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
9
In SHIBUSDT , all signs are AscendingTrading Setup: There is a Trading Signal to Buy in SHIBUSDT SHIBAINU Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0000227 ⭕️SL @ 0.0000178 🔵TP1 @ 0.0000373 🔵TP2 @ 0.0000470 🔵TP3 @ 0.0000580 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
12
SHIBA! Continuation; Bulls vs BearsThe gloves are coming off. SHIBA is now attempting to hold off sellers, as the bulls have been showing that their buying power is to much while soaking up demand. IF SHIBA can successfully hold and confirm support above these levels, SHIBA is a MUST buy with crazy potential. PLEASE, I ask. Do not put in a trade while we are in this spot. Be patient and WAIT for this to play out, as we know EXACTLY what SHIBA does above these levels once it CONFIRMS itself above these levels. Its all up to the market makers and how strong buyers are here. Be patient!
by BShellhammer
Shiba Inu Price Soars Towards Critical Resistance!Shiba Inu Price Analysis: Approaching Key Resistance Level Amidst Bullish Momentum The world of cryptocurrency is always filled with excitement and anticipation, and one coin that's been grabbing attention lately is Shiba Inu. With its adorable dog-inspired branding and a passionate community of supporters, Shiba Inu has been making waves in the digital currency space. Today, we'll delve into its recent price action and what the future might hold for this canine-themed coin. The Price Surge: In recent weeks, Shiba Inu has been on an impressive upward trajectory, with its price heading vertically towards a critical resistance level. As of now, it's approaching the multi-year lows resistance level of 0.00001194. This level holds significant importance as a breakout here could potentially mark the beginning of a bullish cycle for the coin. Technical Analysis: Those closely following Shiba Inu's price movements may have noticed the formation of a compelling pattern. Previously, there was mention of the falling wedge breakout play, particularly around the 0.00000900 mark. This pattern signaled a potential reversal in the coin's fortunes, providing favorable entry points for traders looking to capitalize on the upward momentum. Strategic Positioning: For seasoned traders, identifying optimal entry points is crucial, and the recent price action has provided just that. With higher lows being consistently formed, many have secured positions within the falling wedge pattern, anticipating a sustained bullish trend. These strategic positions offer the potential for long-term gains, albeit with the acknowledgment that market dynamics can always surprise. What's Next? As Shiba Inu approaches the critical resistance level, traders are keeping a close eye on its ability to break through with convincing volume. For those considering entry at this juncture, caution is advised. Waiting for confirmation of a breakout and ensuring volume supports the move can mitigate risks associated with entering at potentially overbought levels. Risk Management: In the volatile world of cryptocurrency trading, risk management is paramount. While the bullish momentum may be enticing, it's essential to have a clear exit strategy in place. Should the price fail to sustain above the resistance level, traders should be prepared to cut losses and reassess their positions. Conclusion: Shiba Inu's recent price surge has captured the attention of traders and enthusiasts alike. With the coin approaching a key resistance level, the possibility of a breakout looms large. However, prudent risk management and strategic entry points remain essential in navigating the unpredictable waters of the cryptocurrency market. As always, staying informed and adaptable is key to success in this ever-evolving landscape.
COINBASE:SHIBUSDLong
by UnknownUnicorn2319099
SHIB (Shiba Inu) Technical Analysis & Trade Idea (video)Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high. Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
Short
by tradingwithanthony
SHIB (Shiba Inu) Technical Analysis & Short Trade SetupSHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high. Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
Short
by tradingwithanthony
"Shiba Inu Coin Breaks Out, Eyes Support Build for Rally"Shiba Inu Coin: Breaking Out and Building Support for a Potential Major Rally In the volatile world of cryptocurrency, few tokens have captured the attention and imagination of investors quite like Shiba Inu Coin. Often dubbed the "Dogecoin Killer," Shiba Inu has been making waves in the crypto community with its rapid price movements and fervent following. Recently, the coin has seen a breakout from a falling wedge pattern, signaling the potential for a major rally. The falling wedge pattern is a technical analysis tool that indicates a potential bullish reversal. It is characterized by contracting price ranges and converging trend lines, suggesting that selling pressure is diminishing and a breakout to the upside is imminent. Shiba Inu's breakout from this pattern is the first step in what could be a significant upward movement for the coin. Currently, Shiba Inu is trading at a critical juncture. While the breakout from the falling wedge pattern is undoubtedly bullish, there are signs that the price may be getting exhausted at its current level. This exhaustion could lead to a healthy correction towards the 0.00000900 level, providing an opportunity to build a strong support zone. A correction to the 0.00000900 level would create a breakout pullback setup, where the previous resistance level becomes support. This support zone is essential for sustaining upward momentum and preventing the price from experiencing a sharp reversal. By establishing a higher low, Shiba Inu would be laying the foundation for further gains in the future. It's worth noting that Shiba Inu has already broken through major resistance levels in its recent rally. However, in order to maintain its upward trajectory, the coin must now focus on building major support. This involves establishing a series of higher lows, indicating that buyers are willing to step in and defend the price at increasingly higher levels. The concept of "stair-stepping" upward is a common strategy in technical analysis, where a security gradually moves higher by forming a series of higher highs and higher lows. This pattern reflects a healthy and sustainable uptrend, characterized by periods of consolidation followed by renewed buying pressure. In conclusion, Shiba Inu Coin has broken out of a falling wedge pattern, signaling the potential for a major rally. However, in order to sustain this upward momentum, the coin must now focus on building major support at higher levels. A correction towards the 0.00000900 level could provide the necessary setup for establishing a strong support zone and leading Shiba Inu into a period of sustained growth. As always, investors should exercise caution and conduct their own research before making any trading decisions in the volatile cryptocurrency market.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
SHIB Shiba Inu Price TargetIf you haven`t sold the Bearish Pennant: Nor bought the dip on SHIB: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for SHIB Shiba Inu is the next resistance, $0.00001050.
Long
by TopgOptions
"Shiba Inu: Potential Major Buy Alert!"Shiba Inu Crypto: Testing Major Resistance Amid Falling Wedge Formation In the ever-evolving landscape of cryptocurrency, Shiba Inu has emerged as a notable player, captivating the attention of investors and enthusiasts alike. As the digital currency market witnesses fluctuations and trends, Shiba Inu finds itself at a crucial juncture, testing major resistance levels within the confines of a falling wedge formation. The falling wedge pattern, characterized by converging trendlines sloping downwards, often indicates a potential bullish reversal. Shiba Inu's current price action is emblematic of this pattern, as it navigates the intricate interplay between support and resistance. Chart analysis reveals two significant lines of resistance. The black line, representing the falling wedge resistance, serves as an average barrier, marking the upper boundary of the wedge formation. Meanwhile, the red falling wedge resistance depicts the maximum heights of past corrections' structural highs, offering a more stringent level to breach. Observing the market dynamics, now presents an opportune moment to monitor Shiba Inu closely. The cryptocurrency is on the cusp of a pivotal breakout, with the potential to initiate a bullish cycle. Should Shiba Inu succeed in surmounting the red wedge resistance, it would signal a compelling indication of a bullish resurgence. Breaking above this critical threshold could catalyze a wave of investor confidence and propel the market upwards. However, while the signs are promising, caution remains prudent. Cryptocurrency markets are notorious for their volatility, and Shiba Inu's journey towards a breakout is not without its risks. Traders and investors must exercise diligence and consider the broader market context before making significant decisions. Factors such as market sentiment, regulatory developments, and macroeconomic trends can all influence Shiba Inu's trajectory. As such, a comprehensive approach to analysis, incorporating both technical and fundamental factors, is essential for informed decision-making. Furthermore, it's essential to recognize that technical patterns serve as guides rather than guarantees. While the falling wedge formation suggests a potential bullish reversal, market dynamics can unfold unpredictably. Therefore, traders should remain adaptive and responsive to evolving price action. In conclusion, Shiba Inu's current positioning within a falling wedge formation, testing major resistance levels, signifies a critical juncture for the cryptocurrency. The convergence of technical factors, coupled with the broader market context, suggests that a breakout may be imminent. As investors await confirmation of a bullish surge, vigilance and prudence are paramount. By staying attuned to market developments and exercising careful analysis, traders can position themselves strategically to capitalize on potential opportunities while mitigating risks.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
SHIB SHIBA INU Technical Analysis and Trade IdeaShiba Inu has been trending downward lately, but the price action has stabilized into a sideways range over the past few days. Although I remain bearish overall, entering a short position requires confirmation. Specifically, I would need the price to break below the current support level, followed by a retest and failure to hold that level. Remember, this is solely my personal analysis and should not be considered financial advice.
Short
by tradingwithanthony
"Shiba Inu Crypto: Patience Amid Market Turbulence"Shiba Inu Crypto: Navigating the Current Market Landscape In the ever-evolving world of cryptocurrency, few tokens have captured the attention and imagination of investors quite like Shiba Inu. Launched as an experiment in decentralized community building, Shiba Inu quickly gained popularity, becoming one of the most talked-about cryptocurrencies in recent memory. However, as with any investment, navigating the turbulent waters of the market requires a keen understanding of both short-term fluctuations and long-term trends. Recent developments in the Shiba Inu market have highlighted the importance of patience and a focus on larger trends. Over the past two months, we have witnessed a breakdown in the upward support that propelled Shiba Inu to new heights earlier in the year. This downward trend has led to lows in sight, with the token currently experiencing choppy trading within a falling wedge pattern on the weekly timeframe. For investors seeking to establish a long-term position in Shiba Inu, the current market conditions may present an opportunity to secure a favorable setup. However, it's crucial to approach the situation with patience and a level-headed mindset. Greed can often cloud judgment and lead to impulsive decisions that may ultimately result in losses. Instead of succumbing to the temptation of chasing short-term gains, investors should focus on the bigger picture and let their money work for them over time. By identifying and capitalizing on larger trends within the cryptocurrency market, investors can position themselves for success in the long run. One of the key principles of successful investing is recognizing that markets move in cycles. While short-term fluctuations may be unsettling, they are often part of a broader trend that can present opportunities for those who are patient and disciplined. By maintaining a long-term perspective and avoiding the urge to constantly buy and sell based on short-term price movements, investors can increase their chances of achieving sustainable returns. In the case of Shiba Inu, the current downward trend may be viewed as a necessary correction within the context of a larger bull market. As the cryptocurrency space continues to mature and evolve, it's essential for investors to remain adaptable and open-minded, adjusting their strategies as market conditions dictate. Ultimately, success in cryptocurrency investing requires a combination of research, patience, and discipline. By focusing on the bigger trends and avoiding the pitfalls of greed and impatience, investors can position themselves for long-term success in the dynamic world of cryptocurrency. So, let's stay patient, stay focused, and let our money work for us.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
2