SHIB/USDT: Remain under bearish pressure---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
SHIB/USDT: Remain under bearish pressure below 0,00001875
Context
The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital asset Shiba Inu (SHIB) is suffering about negative global market situation, and with a massive total supply of 1,000,000,000,000,000 (55% of the supply in circulation) it is hard to see a fondamental bullish pressure to be set from the supply management.
Main ressources
Coin Market cap (Supply) =>https://coinmarketcap.com/currencies/shiba-inu/
Shiba Token (Website) = > shibatoken.com
Market configuration
- Graphical Elements :
Graphical Resistance = 0,00001875 & 0,00002840
Graphical Support = 0,00000510
- Mathematical Indicators:
EMA ( Exp Moving averages) are capping the market at 0,00001875 = Bearish
RSI indicator (below) is below 50% and bearish trend line - no divergence = Bearish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target c B hasn't been already reached = 0,00000685
Fibonacci support of the wave c B (max extension) = 0,00000510
Fibonacci Bullish Target = 0,00002840 & 0,00005190
Conclusion
Prefered case => As long as 0,00001875 remains a key resistance the SHIB is expected to reach lower target at 0,00000685 before any bullish reversal tentative
Alternative case => In case of 0,00001875 resistance breakout, the bearish trend will be invalidated opening the door to 0,00002840 & 0,00005190
SHIBUSDT
SHIBUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
As we analyzed on July 3, we expected a rising trend and clearly you see the rise has happened after that and all our targets are hit. In the present chart, you see R1 as the resistance area and it expresses the unsuccessful triumphs of the price to rise. And we have S1 as the support area and it contains the support of the price at several points. At the moment, we have the price fluctuating in R1. The long shadows in the previous candles mean there will be a decline in the price. We predict the price will rise to the height of R1 area. This is a good area for saving profits and then we consider a short position here and after that a decline to S1 will be expected. In case the price is able to fix itself over R1, then we predict more rise for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Shiba Inu Is Set For Exponential Growth (70% Short-Term)By short-term we mean within a month (within 4 weeks).
When we say mid-term we are talking about a 1-3 months time window.
And finally, long-term can be 3-12 months...
But these are just approximation, we spot trend-reversals, buy and hold and let the market take care of the rest.
The waiting time can be one day, 1 week or 6 weeks it makes no difference because we only close a trade if it goes below the stop-loss.
Shiba Inu (SHIBUSDT) closed yesterday above EMA50 ("conquered" this level) and now it is time to grow.
We are looking at 70% potential profits short-term.
After we hit this target, we share a new analysis to see what comes next.
But very likely we get a correction/retrace.
Each time a strong resistance level is tested/challenged a correction takes place.
This is normal price action.
Namaste.
Trading opportunity on the SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT Shiba Inu
🔵 Long Now 0.00001223
🧯 Stop loss 0.00001030
🏹 Target 1 0.00001430
🏹 Target 2 0.00001750
🏹 Target 3 0.00001999
💸Capital : 1%
We hope it is profitable for you ❤️
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SHIBUSDT - Head and Shoulders PatternSHIBUSDT (1D Chart) Technical analysis
SHIBUSDT (1D Chart) Currently trading at $19.75
Buy level: Above $0.0000120
Stop loss: Below $0.00000943
Target 1: $0.0000142
Target 2: $0.0000185
Target 3: $0.0000220
Target 4: $0.0000289
Max Leverage 2x
Always keep Stop loss
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SHIBUSDT 1D Shiba token price chart shows growth prerequisitesBefore you is the global chart of the SHIBUSDT trading pair
As you can see, the previous Shiba price pump ended in November 2021 and since then the price has been in an 8-month downtrend.
Due to this drop, the Shibainu price returned directly to the liquidity zone , where in 2021, for several months, were gained long positions before the pump by +1200%
Since the SHIBUSD price spent less time in the liquidity zone in June 2022, growth should be expected to be weaker than in 2021.
However, looking at the chart, it seems to us that in the near future a completely real x2 growth - from $0.00001050 to $0.00002100
When trading this coin, you should understand one fact - it is a very speculative asset. Therefore, it is worth setting adequate take profits in order to take the profit that the market is giving at the moment. And also you can move the stop to an upward position during the price growth.
Because, as we can see, it is not a problem at all for a SHIBUSDT trading pair to drop in price by -92%. So that you do not bite their elbows after, which seen great profits, but fixed at best +10-20% and got a traumatized psyche as a gift.
_______________________________
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Shiba Inu - Head and Shoulders is breaking out! + Elliott Wave
On the daily chart the price is printing an inverse head and shoulders that is currently breaking out!
Also we have a huge descending parallel channel, so be careful, because there is always a possibility that we will be rejected at the top of the channel.
As per my Elliott wave analysis - the ABC retracement should be completed (ZigZag 5-3-5) and now we should go up at least temporarily.
Wave B is always a strong resistance + 0.618 FIB, place your profit target here.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
SHIB is stronger✅than expected! Next 2 targets.In my last idea about the SHIB i expect the local pullback but the alt start to squeeze to the trendline and break it out. The main target is the key level of $0.012 and it were reached✅
✅ The price can`t stay to long inside the liquidity gap because of the lack of liquidity but the big players can make trap for the long traders and collect all the stop losses which placed by long traders in $0.00842-0.01 liquidity gap.
After the trap price should squeeze to the trendline and break it out.
📊Preconditions to open a long:
🔥false breakout and collection of sl below the $0.01 key level
🔥volume growth which confirm us the pressence of big buyer who will push the price higher
🔥squeeze to the trendline
🔥bullish BTC help reach the targets for SHIB much faster
📊The targets:
1️⃣ $0.012 - key level
2️⃣ $0.0143 - key level
🚩Check the links in my profile to get more ingo about trading and my free trading strategies for beginners.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
XRPUSDT Near an important support levelSubscribe to the channel for more new information about trading✅
Hello everyone
Let's break down the SHIB chart
I expect that the price will still be able to break through the local trend line and shoot to the local resistance, I will look at the BTC chart if a more positive picture emerges in the long, then I will open a position on shibusdt.
SHIB - Second Chance to Board the SHIB TrainIf you missed the rise of SHIB the first time, here's your chance to get in on the bottom floor. SHIB is bouncing off a level it hasn't seen since before its meteoric rise back in October of last year. Breaking out of a falling wedge above this support level makes this a great entry for the next up leg in my book. I'm long.
Shiba Inu Analyze🦊(Classic Reversal Patterns) !!!Shiba Inu made two Rising Wedges ( Big & Small ). It was able to break the lower line of the Small Rising Wedge and passed pullback to it, and now it is making a Head and Shoulder Pattern that can break the lower line of Big Rising Wedge .
Big Rising Wedge's 🎯 Target 🎯: Around 0.00001042$
Small Rising Wedge's 🎯 Target 🎯: Around 0.00001022$
Shiba Inu Analyze ( SHIBUSDT ) Timeframe 1h ⏰ (Log Scale)
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.
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Trading opportunity on the SHIBUSDTBased on technical factors there is a long position in :
📊 SHIBUSDT Shiba Inu
🔵 Long Now 0.00001105
🧯 Stop loss 0.00001050
🏹 Target 1 0.00001180
🏹 Target 2 0.00001280
🏹 Target 3 0.00001380
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Shiba Inu One Last Major Drop Ahead... A Bag Holder's DreamThe Shiba Inu (SHIBUSDT) hype is more than over now but the bleeding not yet.
We don't see much strength on this chart and there is likely to be another drop ahead.
Short-term, small bounce?
Maybe but even if it happens it won't be strong.
We are looking at red, red, red + lower...
And after everybody has folded only then they will start another run.
Meanwhile... The smaller altcoins/rest of the market is starting to move strong.
Don't worry, we all went through the same experience.
We were locked up for months, sometimes years, on some hyped up coin.
We just take the loss, learn from our mistake and move on.
Namaste.
Shiba Inu Trades Above Support (35% Potential Target)Shiba Inu (SHIBUSDT) has been recovering ever since the 18-June low.
We can appreciate two cup patterns.
The light blue marked space is for support.
SHIBUSDT is trading above EMA10, EMA21 and EMA50 on the 12H timeframe with a strong RSI.
Trading above EMA10 = bullish potential short-term.
We are bullish above 0.00000930.
This is our stop-loss.
You can find the 35% target mapped on the chart.
This is not financial advice.
Thank you for reading.
Namaste.
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Previous trade idea:
SHIB opportunity for 2022This My big picture for the coin in the next 6 months !
If you have nothing to lose and can wait for good long time this is the time to store and hold shib after the dump that's going right now !
Warning : if 0.0x0500 is hit and went down i don't recommend jumping in this trading after.
SHIB possible i. head and shouldersPossible pattern on the 4hour - 1 day chart.
Very interesting to see, would like to see price make its way back to the neckline, and then some consolidation there below it.
Have drawn two blue lines. I feel like there might be a slight diagonal neckline here, but the horizontal line is more of a given and less subjective/open to interpretation.