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SHIBUSDT.PS trade ideas

✴️ Shiba Inu Breaks Out; 542% Potential To New ATH!Shiba Inu's major bullish breakout this week brought in the highest trading volume weekly since late 2021. The previous bull-market bull-run phase. Looking at this type of action, the first time volume goes so high after so long, is indicative that a new market cycle is getting started. The super high volume is supported by a very, very strong RSI. The chart is easy. This is easy. This is not speculation, basically we are just reading a chart as we would read a book. ➖ Shiba (SHIBUSDT) is set to move forward. We have two targets and while I would love to say "long-term" I think they can both hit mid-term. Within 1-3 months. 👉 The first target is set at 0.00005655 for 158%. 👉 Second target is a new All-Time High at 0.00014033 for 542%. Now, the second target is not the end... We will see more and more and more; more growth, more profits, more fun in 2024 and beyond. Thank you for reading. If you boost, I know you enjoyed the content and I can continue to publish more. Feel free to follow. Thanks a lot for your support. Namaste.
Long
by AlanSantana
17
SHIBUSDT is ready to start an upward movementIt seems that Shiba has broken out of the wave 4 triangle pattern. And after the formation of the first wave of the fifth wave, it has formed a corrective structure 'abc', which is probably the second wave of its fifth wave. that this 'abc' wave occurred in the support area of ​​the Fibonacci levels and the end of the 'c' wave occurred at the bottom of the channel as well as in the encounter with an important trend line. In my opinion, we should see a strong upward movement from Shiba in the next few hours.
Long
by Mr_elliottt
2
Shiba Inu Shib price is preparing for a powerful "pump"? Looking at the global chart of ShibUsdt, the first thing that catches your eye is that the price is now in a strong liquidity zone. It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run. The second thing that catches your eye is that now the consolidation pattern is visually very similar to the one that was at the final stage of consolidation in 2021 before the start of "the pump". Since it is not known for sure how much longer the consolidation of the Shiba Inu token price will last, and whether there will be "a pump" afterwards, we do not risk buying such a manipulative tool as Shib now. However, when and if the price of ShibUsd is firmly established above $0.00000830, we can consider buying Shib to participate in at least +50-60% of "the price pump". _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
SHIB will skyrocket after this level breaks! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.00000356$ and take profits at the levels shown in the chart. Targets: 1. 0.00000368$ 2. 0.000004$ 3. 0.0000044$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
22
SHIBA INU (SHIB) completed a setup for upto 14% pumpHi dear friends, hope you are well, and welcome to the new update on SHIBA INU (SHIB) token with US Dollar pair. In the previous trade setup SHIB was very close to enter the buying zone, but pumped without entering the buying zone as below: Now on 4-hr time frame, SHIB has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
SHIB - SHEDDING LIGHTI notice plenty of pessimistic predictions alongside optimistic analyses claiming a bullish trend, including assertions that "INDICATORS SHOW BULLISH" - which I find unreliable. Oscillating indicators are not effective unless applied to mean-reverting stocks, and cryptocurrencies do not fit this category nor does the current market environment. Additionally, the concept of "burning" tokens, supposedly reducing supply and suggesting scarcity, is irrelevant without a significant shift in market liquidity favoring upward movement or the presence of substantial buying pressure to drive prices higher. For prices to ascend, significant players must navigate the bid-ask spread with minimal liquidity on the selling side, a scenario complicated by various order types making it challenging to predict movements. Historically, examining past performance and identifying low volume nodes can reveal support and resistance levels, where market imbalances occur. My point stems from the possibility of breaking through current patterns toward a downturn, yet it doesn't necessarily imply a continued downward trajectory; such movements can also signal opportunities for significant investors to capitalize on liquidity. I find value in purchasing at low volume nodes beneath the last Point of Control (PoC) traded, considering these levels as bargain areas. In contrast, levels above the PoC are deemed costly, barring a surge in relative volume accompanied by a sustained price increase, indicating substantial buying activity overcoming the bid-ask spread and absorbing available liquidity, likely driving prices higher. The highlighted green areas represent support; crossing these could lead to a movement toward the next level of support or the subsequent highlighted green line. Therefore, relying solely on indicators without a deep understanding of market microstructure and the factors influencing asset prices is misguided. Price action remains a critical indicator, far superior to any isolated analytical tool. Importantly, fundamental market dynamics render such indicators irrelevant during cryptocurrency bull runs or halving cycles.
Long
by SPYDERMARKET
4
Shiba Inu Fun play- it's been long time that i didn't post about Meme coins. - They are good to gamble a bit, make u feel like u go to casino to spend few hundreds bucks for fun and relax. - They are mostly dependents on announces, Burn!!, new partner!, and more fancy tweets. - Right now we are on a little bit boring period, as BTC will mostly sideway for a while. - Most of altcoins dipped -90%-95% so it's a good time for play without much efforts. ------------------------------------------------------------------------- - Here a simple trading plan (i took out the 0.000000xx$ :D) ------------------------------------------------------------------------- Buy The Dip (2021 support) : 8000-7000ish Buy The Pump (at liquidity Zone) : 10,000ish+ ------------------------------------------------------------------------- Sell Zone : 15,000-17,000 (don't fall in love) ------------------------------------------------------------------------- SL : 5000 ( Don't play fire with Meme Coins ). ------------------------------------------------------------------------- Happy Tr4Ding !
by thecryer
16
SHIB Price AnalysisShiba Inu is currently priced at $0.00003266, boasting a market cap of $19.28 billion and circulating supply of 589.29 trillion tokens. Over the last 24 hours, its value has dipped by -4.34%, and throughout the week, it's down by -13.37%. Reviewing the past week, SHIB experienced a breakout to $0.00004541, swiftly followed by a rejection. The RSI is now edging below 70 levels, indicating a shift away from overbought conditions. Presently, SHIB is in a consolidation phase, forming a triangle pattern with lower highs and higher lows. There's anticipation of an imminent breakout within the current price range, provided the meme frenzy persists. As a prominent meme coin on the Ethereum chain, particularly post the recent Denton upgrade, a positive trend is foreseeable for Shiba Inu.
Long
by Mudrex
SHIB: Keep an eye on this level! (Updated Chart)If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.00000356$ and take profits at the levels shown in the chart. Targets: 1. 0.00000368$ 2. 0.000004$ 3. 0.0000044$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
2
Indicators Suggest Cautious Optimism for SHIBIn the last 48 hours, BINANCE:SHIBUSDT has experienced fluctuations on the 4-hour chart, recording values at $0.00003352, $0.00003286, $0.00003187, $0.00003457, and $0.00003426 respectively in its latest sessions. This shows a mix of bullish and bearish sentiments, with a notable rebound after a dip, indicating a possible indecision in the market sentiment. The 9 EMA (Exponential Moving Average) and 20 EMA provide insight into the short-term and medium-term momentum. The 9 EMA values are slightly above the 20 EMA values, which suggests a potential bullish crossover. However, the proximity of these EMAs indicates a fragile bullish sentiment that requires further confirmation. The MACD (Moving Average Convergence Divergence) values are hovering just above and below the signal line, indicating a market that is in a state of flux without a clear direction. The histogram values, negative in the latest periods, suggest that bearish momentum is still present, albeit waning. The RSI (Relative Strength Index) ranges from 44.99 to 54.31. This suggests that SHIB is neither in the overbought nor oversold territory, providing a neutral stance but leaning towards a bullish bias with the latest uptick. Considering the resistance and support levels, the Shiba Inu price faces immediate resistance at $0.00003607, followed by a more formidable barrier at $0.00004382. On the downside, support levels are found at $0.00003102, $0.00002794, and $0.00001910. These levels are crucial for traders to monitor as breaches or bounces could dictate the next significant price movements. For potential entry and exit points, traders might consider long positions if SHIB shows strong momentum above the 9 EMA and challenges the immediate resistance levels. Conversely, short positions could be considered if the token fails to maintain support levels, especially if accompanied by increasing bearish volume and MACD divergence. In summary, while technical indicators show a mix of bullish and bearish signals, the current market setup suggests cautious optimism with a keen eye on identified support and resistance levels. Traders are advised to look for confirmation signals and consider volume trends and MACD indicators for potential trading opportunities.
Long
by StevenWalgenbach