SHIBUSDT
SHIB Shiba Inu Potential Rally Soon!I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article:
We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now!
With the stock market at an all-time high, I anticipate crypto assets to follow suit.
Elon Musk is likely to implement crypto payments to his new platform, X Payments.
So, yes, exciting times ahead!
My next price target is $0.00001250.
SHIB LONG SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Shiba Inu: Navigating the Whirlpool of Whales and Stability Shiba Inu has emerged as a fascinating case study, drawing attention to the intriguing dance between whale transactions and market stability. Recent whale movements, highlighted by a jaw-dropping transfer of 4.2 trillion Shiba Inu ( CRYPTOCAP:SHIB ) tokens valued at $38 million, have set the stage for speculation and curiosity within the cryptocurrency community. Lets delve into the intricacies of these massive transfers, their potential implications, and the remarkable resilience of Shiba Inu's market amidst the turbulence.
The Whale Chronicles:
The Shiba Inu token, celebrated for its robust community support and inherent price volatility, has recently witnessed a series of colossal whale transactions. Notable among these is the latest transfer of 4.2 trillion CRYPTOCAP:SHIB from the Bitvavo exchange to an undisclosed wallet. This follows a trend that includes transfers of 4.23 trillion CRYPTOCAP:SHIB ($44.45 million) on January 1, 4.24 trillion SHIB ($44.64 million) on December 30, and 4.25 trillion CRYPTOCAP:SHIB ($44.91 million) on December 29. A significant movement of 2.28 trillion CRYPTOCAP:SHIB , valued at $23.58 million, from Binance to an anonymous wallet was also reported on December 26.
Whale transactions of this magnitude are pivotal in the Shiba Inu market, often serving as barometers of strategic investment decisions or responses to prevailing market conditions. Analysts posit various reasons behind these transfers, ranging from portfolio diversification and security measures to potential large-scale sales or exchanges. The market's reaction to these actions is crucial, influencing trading volumes and, at times, the token's price.
Shiba Inu's Steady Course:
Despite the seismic ripples created by these whale transactions, Shiba Inu has demonstrated an impressive stability. Current reports from Coingape reveal that CRYPTOCAP:SHIB is trading at $0.00000920, marking a modest increase of 1.4%. The market capitalization of Shiba Inu stands strong at $5.36 billion, with a 24-hour trading volume of $164 million. Intriguingly, the impact of these high-value transactions on CRYPTOCAP:SHIB 's market price has been minimal in the short term.
This resilience in the face of significant whale activity reflects the robust nature of the Shiba Inu market. It suggests a balanced response from other investors, who continue to trade and invest in CRYPTOCAP:SHIB without succumbing to drastic shifts in reaction to these large transactions. The stability observed is paramount for the token's long-term health, ensuring its continued attractiveness to both large and small investors.
The Enigma of Whales:
The intrigue surrounding these whale transactions deepens as the cryptocurrency community speculates on the intent and identity of the recipients. The anonymity inherent in cryptocurrency transactions adds an extra layer of mystery, leaving room for a myriad of theories. Whether these whales are orchestrating strategic moves to navigate market dynamics or simply diversifying their portfolios, their actions leave an indelible mark on Shiba Inu's narrative.
Conclusion:
Shiba Inu's journey through the tumultuous waters of whale transactions underscores the resilience and maturity of its market. As the cryptocurrency community watches with bated breath, the ability of CRYPTOCAP:SHIB to maintain stability in the face of significant market movements solidifies its position as a player to be reckoned with. The enigma of whale transactions continues to weave an intriguing tale, further enhancing the allure of Shiba Inu in the ever-evolving landscape of cryptocurrencies.
SHIB : Does SHIBA INU Have a Future?🤔📉Hi Traders, Investors and Speculators of Charts📈
Shiba Inu (SHIB) was initially created as a joke, based on the popular Shiba meme. However, unlike prior meme coins such as Dogecoin, SHIB operates as an ERC-20 token on top of the Ethereum blockchain, which means that the Shiba Inu network has access to a range of decentralized applications (dApps). This is one of the reasons that Shiba Inu is often referred to as the “Dogecoin killer.”
There is a fixed supply of one quadrillion SHIB tokens but Shiba Inu utilizes a token burn strategy, including manual and automatic burns, to manage token value and stabilize prices. The current circulating supply of Shiba Inu is 589.28T .
There is a larger network of cryptocurrency projects built around Shiba Inu, including:
👉 Shibaswap — a decentralised exchange (DEX)
👉 Shibarium — a layer 2 scaling solution for Ethereum
👉 Shiba Eternity — a play-to-earn (P2E) game
👉 Shib.io — the Shiba Inu metaverse
👉 Shiboshis — a non-fungible token (NFT) collection
In terms of future prospective, SHIB offers a unique value proposition as a meme-based cryptocurrency that has real dApps built around it. While most meme coins disappear quickly, Shiba Inu has the potential to continue building a community that can stand the test of time. The fact that Shib is still around and has such a large community has to count for something.
But let's talk about the biggest problem and obstacle to the price - the supply. In December 2023, Shiba Inu (SHIB) lead developer Shytoshi Kusama has teased that the project might undertake a massive burn soon. According to Kusama, almost $1.2 million worth of SHIB tokens might face incineration. SHIB's burn rate has taken a back seat in 2023, with sporadic, untimely burns occurring randomly.
The effect of this is evident on the chart, as the price fails to make new highs under the pressure of infinite amounts of coins/supply/sellers.
💭My personal take is this - Shiba Inu can be traded, and if a big burn occurs it will definitely be bullish for the price... but for how long? For now, the supply is the biggest downside and until the burn-rate is improved, it's a big chance to take based on a "tease".
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CryptoCheck
CRYPTOCAP:SHIB BINANCE:SHIBUSDT
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames.
We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone.
It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges.
In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon
Closing two 4-hour candles above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SHIB Shiba Inu Trade IdeaShiba Inu (SHIB) has exhibited a sustained downtrend across multiple timeframes. This downward trajectory coincides with increasing strength in the US dollar, as reflected by the DXY currency index. Should the DXY maintain its upward momentum, further depreciation in SHIB prices is a distinct possibility. It is crucial to consider this analysis solely for educational purposes and not as financial advice.
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.000010219
Target2: 0.000010866
Target3(Final Target): 0.000011544
Stoploss: 0.000009090
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Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
it's time to going up for USDT.Dbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
*(enter price and stoploss will be active after breakout red line)*
Enter Price: 6.02-5.90
Target1: 5.81
Target2: 5.76
Target3(Final Target): 5.64
Stoploss: 6.10
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally:
Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week.
Some of the biggest asset managers on the entire planet are going to release a BTC ETF:
Blackrock $9.3 Trillion
Fidelity $4.5 Trillion
Franklin Templeton $1.53 trillion
Invesco $1.5 Trillion.
BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline.
I expect the approval to a buy the rumor, sell the news event.
Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit.
A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.
The best coin market meme... SHIB army support me !!!In my opinion, the best coin market meme is Shiba right now.
The chart is in the weekly time frame and I think it is very clear.
Entry point and stop loss is up to you and I just shared my long term view with you.
Good luck, dear traders
Mohammad Goodarzi
Thursday
4 Jan 2024
Can Shiba Inu make 400% move?As you can see Shiba haven't made any pullbacks since it made higher high. Now it's looking positive after 2 years. What I am seeing now is Bearflag, Double Bottom, and checked downtrend channel third time and ready to break it and make higher low's. Closing candle around 0.00001214 is gonna be huge sign to go even further. That means breaking Double Bottom's neckline and Downtrend channel. I will be Taking Profits at those green lines.
SHIBUSDT # 006 ( Clear road map up to 125% profit !!! ) Hello dear traders.
Good days.
SHIBUSDT after monthly Gann Square reversal time zone, has started bullish rally .
On daily Gann Square Time Frame price broken First Gann Arc resistance and get support from lower Gann Fan and ready for move to the defined targets .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
sell & buy for renge (SHIB)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Albroks setup😁
📊 (Entry) : buy = 1059
🔴 Stop Loss : 1031
🎯 Take Profit : 1088-1122
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
SHIB/USDT In the crucial area, Could SHIB Breakout or Rejected ?💎 SHIB, a notable player in the market, is currently advancing towards a critical supply area. Recently, SHIB faced a strong rejection at this juncture. For continued upward momentum, SHIB needs to break through this supply area. A confirmed breakout, probability could set the stage for SHIB to progress towards our identified strong resistance area.
💎 However, should SHIB struggle to breach this resistance and instead consolidate at this level over the next few days, it might face another rejection. Such a development could lead SHIB to retreat towards the support level at $0.00092.
💎 The support area at $0.00092 plays a pivotal role in SHIB's trajectory. A robust bounce from this level is necessary for SHIB to attempt another breakout of the supply area. Failure to sustain and rebound from this support could indicate weakening buyer momentum, raising the possibility of losing this support level. If SHIB breaks below this support, it could be directed towards the lower bullish OB area.
#SHIB/USDT LONG#SHIB
The price has been moving in a descending triangle pattern since April 2022
In a way that respects the occurrence of the triangle on the frame of 3 D
And empty the downtrend was broken strongly
Moving Average 100 is being broken
Price Now 0.00000893
First Goal 0.00001076
Second Goal 0.0001448
We have oversold on MACD
And a strong upward trend
SHIB ANALYSIS🔮 #SHIB Analysis - Breakout 🚀🚀
💲💲 There is a breakout of falling wedge pattern in #SHIB in weekly time frame. $1150 is a crucial resistance level and if #SHIB holds this level then we will see the price range of $1500 in next target. 🚀🚀
💸Current Price -- $0.00001061
📈Target Price -- $0.00001800
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SHIB #Cryptocurrency #Breakout #DYOR
FTT Possible Breakout Soon!!Hello everyone,
Hope you are all doing great!
Here, I'm showing you $FFT/USDT as you can see since the token successful broke the $3.5 resistance we've seen wonders in the price. For now, the chart in 4hrs period is showing an ascending triangle.
The price has been accumulating in this zone, volume has increased a lot as it shows that whales are trying to maintain the price. The possibility for a breakout is almost imminent, hold your bags cause this is gonna be huge! At least, 30% from this point in the next few days.
Since FTX went bankrupt, this past few weeks we've seen an enormous amount of interest in this token since the Reboot notice from the new and former CEO. Also the approval by FTX and Alameda to sell their assets worth of millions to pay its creditors was approved. These are positives steps for what's possibly coming in the FTX world.
If you are new to this token and you wanna be part of this, hold on! The time for an entrance was a few days ago, around $3.5 and $4.0. If a possible correction happens it should be inside the accumulation zone.
When the price breaks the $4.8 resistance and tests it again following the uptrend it might be a good opportunity to dive into the wave :)
This is just my analysis, time will tell if I was right. In the meantime, never seize your learning, let the good energies come to your life, have patience and be smart.
This is not financial advise, DYOR.
Namaste.