SHIB is now heading towards the resistanceOn a 4-hour TF, SHIBA tested the $0.00002650 support area and bounced from there. SHIB is now heading towards the resistance of the $0.00003400 area. It needs to clear the $0.00003400 resistance to get some upward movement. If SHIB is rejected from the resistance, then the first support is $0.00003000 area and the $0.00002650 area.
Shibbtc
💥SHIB CUP & HANDLE 🐶 - TO THE MOON🚀Please support this idea with a LIKE👍 if you find it useful🥳
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I expect a rise from support to ATH and above it.
As explained on the chart, the cup pattern formed followed by the handle about to form.
An order block indicated on the chart proves a possible bounce from current support to a new ATH and a possible bounce above it.
What do you think?
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SHIBA - Has Broken Its Downtrend LineOn an hourly timeframe, as you can see, SHIBA has broken its downtrend line and has been able to be above its 3630 support line. But I still did not see a good sign for Shiba. To climb, it needs to break the important resistance of 3880 and reach price stability above it to expect to climb to higher targets. Otherwise, if it loses 3200 support, we will see a decline to lower support. The range of 3200 to 3400 that I have drawn for you is very important. If it breaks, we will see it fall to the limits drawn below.
SHIB/USD - SHIBA WARRIORS ASSEMBLE!!!SHIB is attempting a major breakout from the descending channel. If successful and volume picks up, SHIB holders may get some juicy profits.
Are you ready?
The only risk I see here is the overall market turning bearish again, making this move just another bounce like in December.
For now SHIB should at least test the first resistance level on the chart.
All in all, SHIB correction should be ending now. MACD on daily turned bullish so probably a good risk/reward to explore some longs.
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SHIB/USD - Bulls under pressure as price continues to fall...It appears that SHIB’s downturn will continue. The cryptocurrency is down 6.9% in the past week and the bears are now aimed at an important support level
Key Support level: $0.000030
Key Resistance level: $0.000038
While volume has remained low, SHIB’s price has continued to fall in the last two days and is quickly approaching the support at $0.000030. This level proved resilient when it was last tested in December. Buyers have to step in again, otherwise, SHIB may tumble further. The resistance is at $0.000038.
Technical Indicators
Trading Volume: Volume remains low. This puts in doubt the conviction of the bears to push the price lower. The true test will come once SHIB arrives at support.
RSI: The RSI on the daily is under 50 points and is falling. However, the RSI made a higher low which indicates that buyers may rescue SHIB at the support level.
MACD: Unfortunately, the daily MACD did a bearish cross today. This is bad news for bulls, and their strength will likely be tested soon as any weakness may lead to SHIB dropping further below the current support level.
Bias
The bias on SHIB is somewhat bearish. The price is still in a range, but the current trend is negative. A break below the key support level will confirm the bearish bias.
Short-Term Prediction for SHIB Price
SHIB’s sideways movement during the new years holidays has ended, and the price resumed its downtrend. It’s critical to see how the cryptocurrency will perform if the support level is reached.
SHIB/USD - Downtrend ended. Pump next?SHIB has successfully left the downtrend channel in anticipation of a big move.
Key Support level: $0.000030; $0.000034
Key Resistance level: : $0.000038; $0.000047
SHIB has managed to exit the downtrend, and the price is currently moving sideways. The resistance at $0.000038 has so far stopped SHIB from going higher. The current support is found at $0.000034, and SHIB could continue moving sideways until a breakout takes place.
Technical Indicators
Trading Volume: The volume has increased ever since SHIB bounced off the $0.000030 support level. Interest in SHIB is growing, which is positive news for bulls.
RSI: The RSI on the daily failed to make a higher high on this last rally, but as of yet, it’s hard to categorize this as a bearish development.
MACD: The daily MACD remains bullish, but the histogram lost some of the momentum in the past few days. This is to be expected as SHIB is consolidating under resistance. If momentum fades more, then the cryptocurrency could retest the key support again.
Bias
The bias on SHIB is bullish. Even if there is a pullback, that would likely be a healthy move before it explores higher levels.
Short-Term Prediction for SHIB Price
If SHIB is successful in breaking above the current resistance at $0.000038, then the price can rally to $0.000047, which is the next key level to watch for. If that fails, then a pullback becomes very likely to the key support at $0.000034 before another attempt is made to move higher.
SHIBUSDT Technical Analysis💎 SHIBUSDT has broken above the descending channel and has been making HHS and HLs. After the breakout it has done the retest and had already a successful pullback. It has the potential to go higher.
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🎳 Entry now or from 0.00003826 - 0.00003412
☕️ TP1 0.00004355
🍺 TP2 0.00005010
🍻 TP3 0.00005597
🍾 TP4 0.00006250
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00003344 - 0.00003075
Good Luck 🎲
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SHIB/USD - Reversal Postponed by Bears. Try Again. 😋Shiba Inu seemed prime for a more considerable move upwards but was halted as the entire market declined.
Key Support levels: $0.000030, $0.000022
Key Resistance levels: $0.000034, $0.000037
SHIB found support on the $0.000034 level and seemed primed to move higher when the bears took over the market. This level was turned into resistance as SHIB’s price fell with the overall market. For this reason the new support is now found at $0.000030.
SHIB was very close to completing a bullish crossover on the daily MACD, but this recent drop stopped it from happening. It could make another attempt later when the overall market conditions are more favorable. Either way, the price is stuck in a large descending channel and a break above it is necessary to reverse the bearish trend.
Trading Volume: The volume remains low and interest will only return to SHIB once the price action becomes more exciting.
RSI: The RSI marked a higher low during this most recent drop on the daily timeframe. This shows that buyers are keen to return to SHIB if market conditions allow.
MACD: The daily MACD is trying to curve up in preparation for a bullish crossover. With a bit of luck, SHIB may be able to do so and bring much needed volume and momentum back.
Bias
The bias for SHIB is neutral in the short term, but it’s important to keep a close eye on the MACD.
Short-Term Price Prediction for SHIB
Even if SHIB manages to rally, it’s important to remain mindful of the larger structure represented by the descending channel which will likely act as resistance to any bullish move. Only a break above this channel will give sufficient confidence in such a rally. Otherwise, SHIB may continue to bounce between the key levels as it strives to stop the downtrend.
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SHIBUSDT Technical Analysis💎 SHIBUSDT after breaking above the major resistance and triangle, has been in a range. After breaking above the resistance, we can expect another bullish move
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🎳 Entry/Pullback now or from 0.00003728 - 0.00003423
☕️ TP1 0.00004041
🍺 TP2 0.00004483
🍻 TP3 0.00004909
🍾 TP4 0.00005400
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00003390 - 0.00003103
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SHIB/USD - At a crossroad, can it break the downtrend? 😱Shiba is in a massive descending channel as shown by the chart. Lower lows and lower highs have been a constant in the past weeks.
However, there are some early signs on the indicators that we may be preparing to pump soon.
The RSI has been making HIGHER LOWs despite price falling lower = BULLISH divergence.
MACD histogram is also painting a bullish divergence.
These are early signs that a possible reversal or at least a stop in the downtrend is imminent. If Shiba can stop the bleeding and sit above the current support at $0.000034, then bulls will have a great base for a rally.
The first signal that this downtrend is over will be given if Shiba can leave this channel and break again above $0.000047. That will be a clear confirmation of the trend reversing.
Right now that appears far away, but don't be too disappointed. Price is curving nicely on this support and we all know Shiba can pump fast... so a reversal can be quick.
Also watch out for BTC and ETH as they will impact Shiba. See my ideas linked below.
Shiba bias is mildly bullish on this price action and a high risk / high reward play is buying the current support with a good stop under it.
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SHIB/USDTPump coming , buy some and HODL , Targets $ : 0.000043 , 0.00005 , 0.00006400 , 0.000087 Shib has not need to any fundamental , all people in world know that , just should focus on technical . moon coming ...........................................................................................................................................................................................................................................................................................................................................................................................................................................................
SHIBUSDT Technical Analysis💎 SHIBUSDT has broken above the major resistance. Several green candles indicate that the price potentially could go higher. We might see a pullback before the price continuers the Bullish move
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🎳 Entry/Pullback now or from 0.00003776 - 0.00003431
☕️ TP1 0.00004041
🍺 TP2 0.00004483
🍻 TP3 0.00004909
🍾 TP4 0.00005400
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00003383 - 0.00002929
Good Luck 🎲
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SHIBUSDT Technical Analysis💎 SHIBUSDT has broken above the major resistance by a large green candle. The price has potential to go higher. The price might go for a pullback before it goes up
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🎳 Entry/Pullback now or from 0.00004434 - 0.00004129
☕️ TP1 0.00004643
🍺 TP2 0.00005146
🍻 TP3 0.00005692
🍾 TP4 0.00006243
🍷 TP5 0.00006800
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00004081 - 0.00003752
Good Luck 🎲
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SHIB on track for 0.00007400If you haven`t bought at this first call, when SHIB was 0.00000684:
or when the retracement was completed:
then you should know that SHIB is still on track for 0.00007400usd.
i have determined that value by using the Fibonacci extension tool and choose the Fib 0.618 as my main target.
SHIBUSDT Technical Analysis💎 SHIBUSDT is at a strong support zone and after breaking out of the wedge it has had already the pullback and retest. It is expected that it continues to go higher
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🎳 Entry/Pullback now or from 0.00004265 - 0.00003778
☕️ TP1 0.00004643
🍺 TP2 0.00005146
🍻 TP3 0.00005692
🍾 TP4 0.00006243
🍷 TP5 0.00006800
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00003735 - 0.00003178
Good Luck 🎲
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SHIB - Daily Chart ✅SHIB has broken the resistance in the past few hours, and now it's going back at support to get more volumes.
The market is showing Buy Volumes for this coin right now, so don't open any short positions without more confirmation.
There are two resistance levels on the way up and two support areas on the way down, which help hold the price up to consolidate.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.00004710
Let me know your ideas.
Good luck.
SHIBA - Downtrend situation!In a 4-hour timeframe, as it has been said many times that I do not see Shiba's condition ascending yet. According to the long-term downtrend line, if it can break this line and also find a price stabilization above the 4400 range, we can expect it to climb. If the 3240 support is broken, we will see a further fall.