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Shibusdtanalysis

SHIB/USD: Speculative Punches Capable of Violent ResultsSHIB/USD continues to deliver violent trading results for speculators who crave aggressive moves within the cryptocurrency world. Shiba Inu was trading at all-time highs in late October at nearly 0.00008800, but on the 20th of December the value of the cryptocurrency was approximately 0.00002850. This price is nearly a 68% decline in value. The drop in value of SHIB/USD is extraordinary and for traders lucky enough to have been skeptical of the higher values of the cryptocurrency, this may have produced profitable selling positions. However, traders who were caught up in the fanfare of the positive result of October’s bullish climb, and bought in at the highs have likely suffered astonishing losses. Here’s the thing, SHIB/USD remains a pure speculative bet. Traders who want to wager on the direction of SHIB/USD may be able to look at technical data and correlate it to broad market sentiment in the cryptocurrency world, but the results of Shiba Inu remain a sphere for speculators who understand the risks, all others should watch from afar. SHIB/USD is fractionally traded and the use of conservative leverage is appropriate because if a volatile move occurs, and it likely will, the results can be rather nervous when direction is not going in the intended manner. Intriguingly, SHIB/USD is correlating to the major cryptocurrencies rather well. It could be said that Shiba Inu is a solid barometer of speculative sentiment within the cryptocurrencies. Having touched a low only one week ago, SHIB/USD has produced a solid gain upwards which may be making its buyers content. However, the current price value of SHIB/USD is now bouncing along important resistance levels and challenging values not seen since early December. Optimistic traders may see this as an opportunity to buy SHIB/USD and anticipate another leg up. Speculators who are skeptical of the sudden upturn the past week and believe the results are a holiday bounce that will vanish could become sellers. Whether you are a buyer or a seller of SHIB/USD, risk management is essential, as this is a wager on broad cryptocurrency market sentiment in many regards. Choppy conditions may persist short term. If current resistance levels are broken higher, SHIB/USD could produce short term positive movement. Traders should to use entry orders to get appropriate price fills and use stop loss and take profit positions at all times if they are short term bettors. Shiba Inu Coin Short-Term Outlook Current Resistance: 0.00003875 Current Support: 0.00003770 High Target: 0.00003950 Low Target: 0.00003630
FTX:SHIBUSDLong
by SmoothJB
Bullish Week Ahead, SHIBA INU!! 🚀SHIBUSDT | Weekly: FA: Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as "Ryoshi" . Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap . It is not news the general market sentiment is now bearish . BTC is pulling down the entire market with it. Everywhere is bleeding red. But there is hope hidden in the charts . We just need to look into the bigger Crystal Ball. 🔮 TA : ** Bullish week ahead for $SHIB . ** Hidden bullish divergence in the weekly RSI ** Holding strongly at the Golden Pocket ** 20 EMA to be hit again since 27th Sept. 2021 We wait for the weekly close in about 3 Days to now, which if above golden ratio successfully we're good to start the rally back upwards. Hold on tight. Bullish SHIBA INU will resume. It is a bullish week ahead. Follow 🚶 @CryptonKidd for daily analysis. Support us if you like this idea, share with friends.
Long
by CryptonKidd
SHIBUSDT - UP TO 60% GAINS IN THE SHORT TERMEmissary over here. Hello again everyone. Today we take a look at Shiba Inu. Price has been inside a big demand zone (red box), inside a bid bullish triangle. Whales have been buying a lot at this price. Buy while you can at this level. After breakout you can still buy at 0.00003799 retest, thi scenario I think is very likely to happen. Next important offer zone is at 0.00005338. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also I'd like to hear your opinion in the comments. Remember this is no financial advise, DYOR and trade at your own pace and risk. Farewell
Long
by MessengerFromTheUnderworld
3
$SHIBA INU target by end of 2021 ✅BINANCE:SHIBUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Hold 0.78 lvl by Fib ➡️Last impulse up according to size second impulse ➡️If we break out previews ATH the last point I marked on chart ➡️In more optimistic scenario Shiba can touch 2.61 lvl by FIB Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. ✅Don't forget sub and join my channels under this idea!
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by Crypto4light
SHIBA INU ROCKET(HODL) KRAKEN LISTINGSHIBA INU LISTED ON Kraken Exchange November 30 — at which point Kraken will enable order entry and execution. SHIBA INU is now listed on coinbase / binance / etoro / webull and many more DONT MISS OUT more platforms listing soon as well Deposits require 20 confirmations (~5 minutes). You can add SHIB to your Kraken account Half of its supply of one quadrillion tokens was sent to Ethereum creator Vitalik Buterin, who donated ~$1 billion worth to India’s Crypto COVID Relief fund. He later burned the remaining tokens (an estimated 40% of the supply).
Long
by MavRich_Trading
8
SHIBUSDT , Until this time the trend is upwardHello everybody According to the chart you can see that the price is ranging in correction wave and we think the price is ready to make a triangle and if this happen the momentum of downward is becoming weak and the price have the power to go up and reach to the resistance , and if first resistance break ( red box ) it can go up more and reach to the second resistance . In here is one of the most important support level , and we expect the price can support in here and can go up to the next resistance Previous analysis : Good Luck Abtin
Long
by Abtin00