Shiba Inu SHIB Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments.
The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak.
Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier.
Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market.
SHIB/USDT shot
Entry Range: $0.00000950 - 0.00001050
Price Target 1: $0.00000900
Price Target 2: $0.00000810
Price Target 3: $0.00000720
Stop Loss: $0.00001250
Shibausdt
Shiba Inu SHIB Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Shiba Inu:
SHIB/USDT shot
Entry Range: $0.00001000 - 0.00001100
Price Target 1: $0.00000950
Price Target 2: $0.00000870
Price Target 3: $0.00000800
Stop Loss: $0.00001250
SHIBA INU ready for 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 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Can 🦊Shiba Inu🦊 escape from the Descending Triangle❗️❓Shiba Inu has formed a 🚩descending triangle🚩.
If the lower line of the descending triangle of Shiba Inu is broken, it can fall to 🎯$0.00000905🎯 (More possible).
If the upper line of the descending triangle is broken, Shiba Inu can grow to the 🔴resistance zone ($0.0000117-$0.00001198)🔴.
Shiba Inu Analyze ( SHIBUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SHIBA will explode soon?Hey there, crypto traders and enthusiasts! Are you keeping tabs on SHIBA Coin? It has been consolidating in a triangle pattern for a while now, and it finally broke out of it. This has many of us wondering if it's about to experience a significant price surge.
But before we get too excited, we need to confirm the breakout. We should wait for a daily candle to close above the triangle line and a pullback to that line on a 1-hour or 15-minute chart otherwise we assume this as false breakout. It's also worth noting that the 200-day moving average is another resistance level that needs to be broken. We'll need to see a strong green candle to confirm that it has broken through this resistance.
I wanted to share this potential trading opportunity with you all and discuss the strategy to approach it. However, please keep in mind that this is not a trade suggestion. Let's instead use this as a tutorial on how to approach this type of market situation.
So, what do you all think about SHIBA Coin? Are you bullish on its potential to skyrocket or do you think it might fizzle out? Let's chat and share our insights!
P.S. This is not advice to buy or sell, that's just an analysis that needs to consider too.
Always make your analysis before a trade.
Shib/usdtThe most successful meme coin of the crypto market (personal opinion) has experienced a large price drop in a long period of time and has driven even the most fanatical fans to the edge of despair, but the good news is that the bearish channel of this funny dog has been broken and a pullback has been made to its ceiling Is done. If the bulls take control of the market and the Shiba whales are satiated, the indicated targets will be available with a break of the static resistance area (horizontal red line).
Compliance with the loss limit is mandatory.
ps: DYOR
Shiba Inu SHIB Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My SHIB Shiba Inu Price Targets:
SHIB/USDT shot
Entry Range: $0.00001000 - 0.00001100
Price Target 1: $0.00000950
Price Target 2: $0.00000870
Price Target 3: $0.00000800
Stop Loss: $0.00001250
DOGEUSDT Poor price actionAfter the strong breakout above the trend line that ocurred in late October 2022, price action has been quite weak.
Price was rejected at key level 0,15 USDT and after the pullback, it failed to make new higher highs, and printed a higher low below 0,11 USDT resistance.
Such mixed signals point towards a range of consolidation to be the main scenario until either 0,11 USDT or 0,065 USDT levels are broken, which would activate either Bullish scenario (1) or the Bearish one.
SHIB: Approaching ResistanceShiba Inu (SHIB) technical analysis:
Trade setup : Following a bearish breakout from Descending Triangle price dipped below 200-day moving average. Trends are mixed now. Price needs to regain that 200-day MA and $0.000012 levels to resume Uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.000010, then $0.000008. The nearest Resistance Zone is $0.000012 (previous support), then $0.0000150.