"Shiba Inu (SHIBUSD) – 4H Triangle Formation and Price StructureSHIBUSD – 4H Technical Chart Analysis
Price recently broke down from a triangle pattern after consolidating near key resistance. A potential retest of the breakdown zone around 0.00001396 is possible before continuing toward the support level near 0.00001041.
Major levels:
🔹 Resistance: 0.00001396
Key stats
About Shiba Inu
What would crypto be without canine-based tokens? Probably a lot less chaotic, but that didn’t stop an anonymous dude called ‘Ryoshi’ from creating Shiba Inu in 2020 — which, thanks to the so-called ‘Shib Army’ and Vitalik Buterin famously burning 40% of the supply, saw massive gains during 2021. Unlike fellow crypto-canine DOGE which operates on its own blockchain, Shiba Inu is based on Ethereum to give it increased scalability. To date, some of its use cases include an NFT "artistic Shiba movement" and a campaign via AmazonSmile to collect donations to rescue real Shiba Inu dogs. Pretty cool.
SHIB Breaks Out – Time to Ride the Wave! 🔍 Chart Analysis Summary:
🔼 Trade Direction: Long (Buy)
⏱️ Timeframe: 30-Minute
🔔 Breakout Zone: Triangle breakout just confirmed
🟡 Entry Zone: Around 0.000012805 (shown with yellow circle)
🟥 Stop Loss: Below 0.00001214
🟩 Target Zone (TP):
TP1: 0.000013620
TP2: 0.000014205
TP3: 0.000015037
📊 Ris
Shiba INU - Bottom Buy confirmed istorical Pattern Repetition (2024 & 2025):
The chart suggests that SHIB is following a repeated pattern cycle:
Stage 1 – Falling Wedge (Completed)
Stage 2 – Cup and Handle (Completed)
Stage 3 – W Pattern (Recently Completed)
Stage 4 – Inverted Head and Shoulders (Pending Formation)
Key Highlig
Shiba break outShiba Inu has been in a sideways trend for a year or so. That is about to end.
Technical analysis shows the linear regression downward trend is coming to an end, and we are in the bottom 25% of the Fibonacci Bollinger bands, indicating trade entry here is low risk. The moving average is heading
Trend line and Consolidation SHIB at this time is forming a double bottom in a parallel channel on the daily. It's also on an upward trend line and recently made Higher Highs and Higher Lows. However, it is still under the 200 EMA 0.00001602(in orange). If SHIB falls below 0.00001410 and makes a clear break of the downward tren
TightSHIB is moving in a tight channel between 0.00001414 and 0.00001498 on the bottom of a parallel structure on the day chart, and a bearish breakout can possibly take it out of the channel to the 0.00001290 price range but a bullish breakout can possibly take it to the 0.00001700 price range. Please
SHIB/USD (Shiba Inu vs US Dollar)!🟢 Trade Type: Long (Buy Setup)
Pair:
Timeframe: 30-Minute Chart
Current Price: 0.000015069
🔍 Technical Setup
Pattern: Ascending triangle breakout (bullish pattern)
Entry Zone: Right after breakout and retest of the triangle top (highlighted yellow circle)
Momentum: Strong bullish move from low
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Frequently Asked Questions
Shiba Inu (SHIB) reached its highest price on Oct 28, 2021 — it amounted to 0.00008800 USD. Find more insights on the SHIB price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Shiba Inu (SHIB) reached the lowest price of 0.00000457 USD on Jun 10, 2023. View more Shiba Inu dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying SHIB is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SHIB right from TradingView charts — just choose a broker and connect to your account.
You can discuss Shiba Inu (SHIB) with other users in our public chats, Minds or in the comments to Ideas.