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SHIBA INUSHIBA INUSHIBA INU
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SHIBA INU

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SHIBUSD trade ideas

Complete BULLFLAG form .. breakout preparing Complete BULLFLAG and pennant of it. This is a complete bullish form to breakout bullish; I don’t see any signs of bearish but Shiba is on fire keeping the bulls stable.. During breakout Shiba should get visit back to the recent all time highs and should meet new all time highs; but it doesn’t stop there until Shiba hits $0.01 including $1 Shiba is already now preparing to burn trillions of dollars. So be sure you have over $1 million Shiba tokens and hold it.. if you’re going to buy more go for it. Shiba will skyrocket soon if Shiba breaks out bullish then Shiba will out pace other coins and will have trouble to catch up.
CRYPTO:SHIBUSDLong
by JoyBoyVegae
3
SHIBA INU breakout imminent? ($SHIB)Shiba Inu has been in consolidation after a massive breakout last month. The daily timeframe shows the RSI reset around 50 and the Stoch RSI looks bottomed out and reversing towards an upswing. With the Bitcoin halving only weeks away, a breakout of this pennant should be considered a massive bullish move. However, we are all bullish on Shiba. We should know within a few days. Target #1- 1.618 fib- 0.00006819 Target #2= 2.618- 0.00010306
COINBASE:SHIBUSDLong
by NoobTraderTV
(SHIB) Technical Outlook: Consolidation Phase Awaits BreakoutAbstract: The Shiba Inu (SHIB) market presents a quiescent façade as technical indicators converge, suggesting an impending volatility expansion. The current technical disposition on the 4-hour timeframe delineates a consolidation pattern, within which SHIB's future price trajectory is being quietly debated by bulls and bears alike. Analysis: Shiba Inu's price action is currently cradled within the Bollinger Bands, with the price navigating slightly above the middle band, suggesting an equilibrium between supply and demand. The Ichimoku Cloud presents a tenuous price position, hovering within the cloud. This indecision indicates a neutral bias, where the price could swing either way based on subsequent trading sessions. A closer inspection of the Fibonacci retracement levels, drawn from the peak of 0.00002799 to the trough at 0.00002523, reveals that the price is oscillating around the 23.6% retracement level. This is indicative of a market searching for direction after a mild recovery. The Moving Average Convergence Divergence (MACD) is flatlining near the zero axis, signifying a market in stasis. The absence of a definitive MACD trend underscores the market's current indecisiveness. The Relative Strength Index (RSI) and the Stochastic oscillator are echoing similar sentiments. With an RSI hovering around 58.47, there is neither an overbought nor oversold condition, which corroborates the ongoing consolidation. The Stochastic oscillator's %K and %D lines have recently intersected, suggesting a potential change in momentum, though it remains to be seen if this will translate into a significant price move. The On-Balance Volume (OBV) shows stability, indicating that the volume of trades has been consistent with no significant accumulation or distribution. This further reinforces the consolidation scenario. Speculation: As the market holds its breath within this tight range, a speculative forecast can be considered. A decisive breakout above the Ichimoku Cloud could set SHIB on a trajectory towards the 38.2% Fibonacci retracement level at 0.00002766, which, if surpassed, might extend gains toward the 50% retracement level at 0.00002883. On the flip side, should bearish sentiment prevail, pushing the price below the consolidation range, SHIB could find immediate support at the 23.6% Fibonacci level at 0.00002523. A break below this could lead to a retest of the recent lows at 0.00002500. In conclusion, SHIB is at a technical crossroads, with traders advised to monitor key levels for a breakout to establish the market's next directional move. While the indicators present a narrative of neutrality, the tightly coiled price action suggests that the subsequent move could be both swift and significant. Investors should prepare for volatility and use the unfolding technical signals to inform their market positions.
COINBASE:SHIBUSD
by AxiomEx
3
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside. The price has already risen to $0.00002864 , which I view as a breakout sign. Resistance Levels to Monitor - The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains. - The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development. - Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 . Crypto Impact The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter. In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
BITSTAMP:SHIBUSDLong
by Z4F4R
1
SHIBUSD need to rest LONG again laterShiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps time for a rest. The chart shows the breakout and then extension above the VWAP lines that are trying to catch up. In proper risk management. I will take half the position off here and have it ready to add at least part of it back if the rest is a stable consolidation in the upcoming day.
COINBASE:SHIBUSDLong
by AwesomeAvani
11
Shiba Inu Macro Brake Out?Many alt coins are reaching the end of what appears to be an accumulation cycle. We have an obvious long running down trend followed buy an equal distance of sideways accumulation. Next step is typically an equal length time cycle to the upside. Price can only trend in 3 directions. It can trend down, trend sideways in a range, or it can trend upward. Typically after a major down trend followed by a sideways range starting to up trend we see an uptrend of the same length. The chart is measureing the amount of time it took to complete one trend to show potential time periods we would expect the next major pivot. One should occur by the end of may and the next early 2024. Hopefully it is an uptrend. There is no way of know what price shib will reach this cycle but using averages based on the past price action we can make an educated guess as to what levels are possible. We expect the accumulation cycle to end in the next few weeks the question is what trend will we see in the next cycle?
COINBASE:SHIBUSDLong
by Degen-Dynasty
5
4 trillions of dollars has gone Plummeting..,… what’s next?Please pay close attention and we all had gone thru this before. The pre-halving just already started. Big drop just started and over 4 trillion dollars plummeting from whales so what’s next? The next support is 0.00002230 area and if it doesn’t hold then huge free fall and will take back to 0.00001080 area only if happens. If you are still holding double check your profits ; if you want to wait for the another potential dip then you may do so but be smarter and we all had gone thru this type of situation before because of bitcoin halving is around the corner. Be smarter than the market. Be on the lookout of the next coming dip and we aren’t far away for Shiba big bullish move after the big drop finish
BITSTAMP:SHIBUSD
by JoyBoyVegae
1
SHIB, IS IT TIME TO TAKE SHIB BEHIND THE BARN? PREP FOR DIPPotential SHIB trade. Would look something like this if it was to occur. Chances that it looks this clean (orange arrow) is not likely. However, if price rides a steep trend down, and we catch some mega support under some previous support, we're likely to have a very favorable trade. Basically, this chart is prepping for a potential drop on the yellow circle trend breaks. SHOULD we see a drop, there is no reason to panic, as theoretically, if you viewed this chart, you should be prepared to buy this dip. Now, does it go as low as .000007 or can it hold .000009. IMO, it is more likely to favor the lower price target. This price target catching (Maybe even on a wick, within the week, or day), implies favorable odds all the way over .00001 Should this dip not occur, the price targets and trends are still relevant, however, the chart is primarily for prep of the potential drop showing on the charts. If we reject off our top price target in our trade window, we'd look to buy the dip right around .0000098, waiting to see if we catch more support and see some higher numbers building.
CRYPTO:SHIBUSD
by nicktussing77
7
1 hour Chart with Fibonacci tool People asking me to post a Fibonacci for 1 hour chart, here is it, the 100 % accurate Fibonacci. Hold your coins, if you are not able to control your feelings and your patience, get our from the trading career. this is the only thing make you lose and win, if you know how to control it, and not let the candles control your feelings. be patience, and make sure with patience always profit always comes. how many time you regret because you was not patience!? Thank you, & Best regards
COINBASE:SHIBUSDLong
by khaledabdrabo
1