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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day. After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session. This happened as traders continued to move the price away from the recent support point at 0.00000710. it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart. The relative Strength Index (RSI) must first move above the 44.00 mark. the index is tracking at 42.14, with SHIB trading at 0.00000754. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak. After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day. The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process. it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling. The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09. Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day. Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session. This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday. As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00. the index is tracking at 65.67, with Shiba Inu also falling from its previous high. SHIB/USD is now trading at 0.000009749. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. CHART ANALYSIS:-Shiba Inu (SHIB) jumped to a three-month high on Saturday, with prices surging by as much as 10%. Following a low of 0.000008551 on Friday, SHIB/USD surged to a peak of 0.000009509 earlier in today’s session. This resulted in the meme coin climbing to its strongest point since May 6, when the price reached a high of 0.00001007. the move comes as the 14-day relative strength index (RSI) moved past a resistance level of 67.00. the index is tracking at 73.62, which is its highest level since February. Should momentum continue throughout the weekend, the next target for bulls is likely to be a ceiling at 0.00001025. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
Next period of volatility: Around August 6thHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SHIBUSDT chart) The key is whether it can be supported in the 0.0000 0781 ~ 0.0000 0872 section and rise to around 0.0000 1279. Since the 0.0000 1279 point corresponds to the HA-High indicator point on the 1W chart, if it rises above 0.0000 0872, it is likely to rise to the vicinity of the 0.0000 1279 point, the HA-High indicator on the 1W chart. The next period of volatility is around August 6th. Since it currently sits near the HA-High indicator on the 1D chart, if it falls below 0.0000 0781, it is likely to touch the HA-Low indicator on the 1D chart. So, if it falls below 0.0000 0781, it is important to find support around 0.0000 0716. --------------------------------------------------------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
SHIB Continues Downward TrendDue to the continued selling pressure in the market, SHIB continued its downward trend within a specific range. This trend persisted even after breaking the bottom of the channel, eventually reaching its lowest historical range at the price of 0.0000055 to 0.0000060 dollars. It is worth noting that this range served as the bottom of a channel range in 2020, where Shiba experienced remarkable growth of over 1000% due to increased demand within that range. However, the recent price action has brought about significant developments. The level between $0.0000070 and $0.0000078, which was a previously strong support, was broken by a strong bearish candle. As a result, this level has now turned into a resistance. If the price reaches this range, a negative reaction is expected. Furthermore, there was a notable 20% reaction within the support range mentioned earlier. This indicates that both the power of buyers and sellers were substantial, suggesting the potential formation of a range channel between the considered levels. The RSI level, currently at 19, further supports the negative sentiment surrounding SHIB. An RSI value below 30 indicates oversold conditions, suggesting that SHIB may be undervalued and due for a potential price correction or reversal. Therefore, while the possibility of a price rebound or shift in sentiment exists, as oversold conditions can sometimes lead to buying interest and subsequent recovery, it is important to note that the overall trend remains negative. There has been no observed change in the trend to an upward mode, and the momentum remains decidedly negative.
by MonoCoinSignal
2
Resistance Breakout Challenge and Downward Trend ReturnThe SHIB token has encountered difficulty in surpassing the resistance level in recent weeks, failing to achieve a decisive breakout above the $0.00000890 threshold. Ideally, a confirmation candle should have followed this breakthrough, but instead, a notably bearish candle emerged. Consequently, the overall downward trend of Shiba Inu has persisted, leading it back to the lower boundary of a short-term descending channel within the $0.00000780 range. Maintaining support within the crucial $0.00000780-$0.00000700 range is of utmost significance for Shiba Inu, as successfully doing so could facilitate a robust recovery for the cryptocurrency. Presently, the price remains approximately 12% above the lowest point of this support range. However, a breach of this support level, as previously mentioned, would indicate an extended period of decline for Shiba Inu. Should Shiba Inu demonstrate positive responses at its current support level, there is potential for growth following the establishment of a range-bound trend.
by MonoCoinSignal
10
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Shiba Inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO. Musk, who acquired the social media company last year, has been at the helm since the takeover but has found a long-term replacement. Following a high of 0.000008746 on Thursday, SHIB/USD dropped to a bottom of 0.000008549 earlier in the day. As a result of this sell-off, Shiba inu moved close to Monday’s low at 0.00000835, which was the weakest point the meme coin has hit since January. Looking at the chart, this latest move occurred as the relative strength index (RSI) moved deep into oversold territory, with a current reading of 23.02. However, this gives hope to longer-term bulls that a reversal could be on the cards. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:SHIBUSD
by CryptoSanders9563
Full Breakdown & Future Price Action of SHIBA INUIt has been a while since I have done alt coin updates. Since the bull run is basically here I am going to begin with a classic. Good ol SHIB. I have a friend who I know really likes SHIB so I am doing this to assist him. Check out the video if you want the MACRO view. I didnt get into the smaller time frames too much because those would be scalping areas at this point. So I set up the areas more as swing trade options. Check out the video if you want some updated TA. BULL MARKET HERE WE COME!!!
Long
by ConqueringCrypto
1
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.
by pejman_zwin
5
Volatility Period: Around April 15thHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SHIBUSDT chart) (1W chart) The key is whether you can rise with support within the section consisting of the HA-Low and HA-High indicators. To do that, we need to make sure we can get support around 0.0000 1003 to 0.0000 1098. (1D chart) It is sideways in the range of 0.0000 0872 to 0.0000 1279. It is important to be supported and able to rise in the middle of this sideways section, around 0.0000 1003 to 0.0000 1098. If the price stays above the 0.0000 1279 - 0.0000 1348 range, I would expect it to lead to an attempt to break above the 0.0000 1527 - 0.0000 1618 area. If it rises above the 0.0000 1527 ~ 0.0000 1618 section, I think it is highly likely to show a full-fledged uptrend. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
1
Shiba Inu - 23% crash, best opportunity! (long-term outlook) We have a great opportunity to buy/long Shiba Inu at the yellow trendline, which is a good support level for a short-term trade. Unfortunately, the Shiba Inu coin still looks really bad on the highest timeframe. All previous pumps were only an ABC 3-wave structure, which is overall definitely not a good sign! The bulls still don't show strength from the Elliott Wave perspective because we can see 3-wave structures upward and 5-wave structures downward. After the breakout of the blue parallel channel, the bulls completely failed to continue in the uptrend; it was essentially a fakeout or a bull trap. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. 23% crash is pretty likely at this moment, and you can take this opportunity and long shiba inu at the support line with leverage on the futures market! Is the bottom in for shiba inu? From my perspective, - NO. I believe we will eventually reach 0.00000500 (a 55% drop from the current price). This is my idea for the Shiba Inu coin; now do your actions! Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
69
SHIB - Keep an eye on this level!Here's a quick look at the 8 hr . SHIB chart. As we can see, the price is getting closer to the trendline, and a break to the upside could be around the corner! BTC is close to a more significant resistance zone (29k zone), and one should be careful when trading! ------------------------------------------- The idea is: Buy when the price breaks above 0.0000112$ and take profits at the levels shown in the chart. Targets: 1. 0.0000115$ 2. 0.00001169$ 3. 0.0000122$ 4. 0.0000128$ ------------------------------------------- Key Dates to Watch in March: 22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
by MBM_Crypto
2
SHIB - Keep an eye on this level! Here's a quick look at the 8 hr. SHIB chart. As we can see, the price is getting closer to the trendline, and a break to the upside could be around the corner! BTC is close to a more significant resistance zone (28k zone), and one should be careful when trading! ------------------------------------------- The idea is: Buy when the price breaks above 0.0000115$ and take profits at the levels shown in the chart. Targets: 1. 0.00001169$ 2. 0.0000122$ 3. 0.0000128$ ------------------------------------------- Key Dates to Watch in March: 21/22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
by MBM_Crypto
There is potential for further growth up to the channel ceilingSHIB formed a range trend over the past weeks between two resistance support ranges, and its price growth stopped when it hit the $0.0000150 range resistance. On the other hand, significant support is considered in the range of $0.0000112 to $0.0000118, in which Shiba is facing increased demand again. As you can see, Shiba's trend is bullish in the daily range and 4-hour timeframe. As long as the support of $0.0000110 to $0.0000106 is maintained in the 4-hour timeframe, there is potential for further growth up to the channel ceiling. So, Shiba's targets will be in the range of the previous roof, and if it is broken, the second target will be in the range of resistance 0.0000170 to 0.0000185 dollars. For the short term, if the $0.0000122 support is broken, the identified support levels, especially the second support, will be targets for sellers. These supports are confirmed by the Smart Money indicator on the 4-hour timeframe and are important ranges for Shiba.
by MonoCoinSignal
6