SHIB/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the SHIB/USDT Weekly Update.
Shiba Inu (SHIB) finished the week with a notable rise of 14%, emerging as the top performer on our list. This significant improvement is noteworthy, especially given the recent decline in new local levels.
The key support lies at $0.000025, where buyers have so far successfully maintained a hedge against further selling pressure. Resistance is $0.000037.
Going forward, the optimal scenario for this meme coin includes consolidating the above key support and potentially starting a new rally in May.
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Shibeth
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.
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SHIBETHpotential for shib to gain around 100%vs ethereum here
cult coin one of the strongest brands in crypto after doge
could see a move here as doge has just speculatively pumped
and people missing that move might try for the alternative coin shib
see how we go
that long term accumulation zone vs eth does look rpetty nice and hte btc accumulationzone is similarly nice/solid looking :)
should at least hold its value vs eth/btc imo
SHIBUSDT in the bearish channelIt is located in a descending channel and is reacting to the bottom of the channel. If this range is maintained, we are likely to grow to the top of the channel, otherwise if the channel floor and the important support area are broken, we will have more fall.
A purchase offer is made if the price goes beyond the channel ceiling.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
$SHIB SHIBA INU/USDT NEXT DOGE DO NOT MISS THIS ONE!Seriously though, forget market cap, metrics, FUD'ers Etc. Did you believe DOGE would EVER get to where it hit its all time high? I remember it being laughable and hovering sub zero cents, and within a year its nearly touched a dollar... Not to mention it has zero use case and is completely inflationary... with unlimited supply. At least this coin has a few use cases, good community. It's its first day on some of these exchanges and already looks like its a coin thats been around for a long time. This thing has the possibility of EASILY munching away two zeros. Seriously though , get in and close the laptop. Its one of those kkind of trades.. Enjoy the ride. Were goin to the top boys and gals. Oh also I believe it maaaay drop down to around the 0.000016 region tonight. But since it broke out of its bottoming I dont believe this will happen. I'm setting stop loss at 0.000024 . (also looks like an ideal set up for some Bot trading) Dont sell (unless you're pumping the charts) until 0.001 IT CAN AND WILL BE DONE!