my idea for shibaI think bitcoin will break its ceiling and then fall, but altcoins will not do so and there is a possibility of such a movement for them.
SHIBUSDT trade ideas
SHIBA - Bearish Signal | Weekly TimeframeShiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe.
This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH:
We've seen something similar previously, leading to a near -60%drop. Although I really doubt we'll see that kind of pullback (considering it was in the heart of the bearish cycle) I do think a -10% to -15% is possible:
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BINANCE:SHIBUSDT
SHIB Shiba Inu Potential breakoutIf you haven`t bought SHIB before the previous rally:
nor sold the top:
Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal.
Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds.
The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500.
This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
#Shiba Inu (SHIB) Bullish Triangle Alert!📈 SHIB is forming a bullish triangle chart pattern, indicating potential upward momentum! Bulls are gathering strength, and a breakout could be on the horizon.
🔍 What is a Bullish Triangle? A bullish triangle forms when the price makes higher lows while facing resistance at a consistent level. This pattern signals growing buying pressure, with the potential for a breakout once resistance is broken.
🔗 Key Factors to Watch:
Higher Lows: SHIB is creating higher lows, showing increasing demand from buyers.
Resistance Test: A breakout above the resistance line could set the stage for a strong rally.
Volume Confirmation: Keep an eye on volume—rising volume during a breakout can confirm the bullish move.
🚨 What to Expect: If SHIB breaks above the resistance of the triangle, we could see a surge in price. Watch closely as the pattern nears its apex for a possible breakout!
🌟 Why It Matters: Bullish triangle patterns often precede significant upward moves. Stay alert and be ready for potential gains!
📊 Always do your own research and manage your risk before making any investment decisions.
ShibaInu SHIB price at critical zoneJust look who decided to wake up - it's our sweet #ShibaInu
CRYPTOCAP:SHIB price is near the upper boundary of the falling channel, it can break through to $0.000020-0.000021
But a safe medium-term purchase, after the OKX:SHIBUSDT price breaks out and fixes outside the channel and closer to $0.000015
This is depicted schematically with a blue zigzag)
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Should we buy #Shib or wait?The specified area is very important and vital for #Shiba, if this area is not broken, the price will have a sharp fall, if this level is broken, it can also bring a strong price growth. If you haven't bought Shiba yet, wait for it to cross the trendline and resistance level. If you already have Shiba, you can cross this zone with the risk of freeing.
Overall, this area is very important, and I think the price has been deliberately kept in these areas so that if the Bitcoin situation remains positive, Shiba will also break this level and prepare to conquer higher prices.
#shib
Shiba Inu / SHIB analysisShiba Inu price today is $0.000012 with a 24hour trading volume of 300 million dollar. SHIB price is up 45% since last month
SHIB is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. during the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 1500X times increase within 8 months. some call it Dogekiller too! welcome to crypto zoo!!
Shiba Inu lead developer Shytoshi Kusama hints at rising development activity as Shibarium Beta launch date comes near. but lets talk about the chart
most of charts looks the same and waiting for break out , I personally took profit and waiting to see can bulldogs break 0.000013 if yes then longing to 0.000014 make sense. if btc goes down then we can back to 0.00001
Shiba Inu (SHIB): Possible Zone of Rejection on Upper ResistanceShiba coin seems to have nice momentum on upward movement here, where price has steady pressure from buyers leading it to the upper yellowish zone that we have marked.
We are looking for price to reach this zone from where we want to see some kind of rejection to happen and a steep movement to lower zones to start so we keep an eye on that zone there (also a zone of unfilled CME gap).
Swallow Team
SHIBUSDTWe can attempt to short SHIBUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
SHIBUSDT 200% pump soon will complete from daily support As we can see and we mentioned before market here is still bullish and we are looking for +100% gain from here and total of +200% from our daily support 0.000011$ and this bull run will soon hit our targets and even more pump after that.
DISCLAIMER: ((trade based on your own decision))
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Ascending triangle on SHIB last week can give 21% next daysSHIB if forming a ascending triangle since start of October;
From breakout at least 11% gains according to Fibonacci levels, but according to triangle target, can reach 21% (purple arrow shows triangle target)!
SHIBUSDT.1DAnalyzing the daily chart of SHIBUSDT, we can observe a market that has been predominantly bearish but is now showing potential signs of a recovery. The use of a ZigZag indicator helps visualize the larger swings and highlights key levels of support and resistance that are crucial for upcoming price action.
Trend Analysis: The price has established a series of lower lows, followed by a significant recovery from the low at S3 (0.00001121), which acted as a strong support. From this point, the price action has shown a notable bounce, aligning with the formation of a potential reversal structure. Additionally, we are seeing a consolidation near the current price levels, suggesting that the market could be setting up for a move higher if certain conditions are met.
Support and Resistance:
Support Levels: The key support areas are identified as S1, S2, and S3. S3 (0.00001121) remains the most critical level to watch on the downside, as a break below this would signal the continuation of the bearish trend. S2 (0.00001541) is acting as a secondary support zone, while S1 aligns with the lower boundary of the current consolidation pattern.
Resistance Levels: On the upside, we are looking at R1 (0.00002035) as the nearest key resistance. A breakout above R1 would indicate a shift towards a bullish bias and potentially target further upside levels. Breaking above this level could pave the way for more significant bullish momentum as traders may start positioning for higher levels.
Stochastic RSI: The Stochastic RSI is currently positioned in the upper part of the range, but it has not yet reached extreme overbought conditions. This could indicate that there is still room for additional upside before we see any signs of potential exhaustion. However, it’s essential to keep an eye on any crossovers or divergences that might suggest a change in momentum.
Conclusion: At this moment, SHIBUSDT is at a critical juncture. The consolidation near the current price level hints at a potential breakout. If the price can break above the immediate resistance level at R1 (0.00002035), it would likely confirm the bullish reversal and open the path toward higher price targets. On the downside, losing the support at S1 or S2 could trigger a retest of S3 (0.00001121), and breaking below this would resume the bearish trend.
In conclusion, I maintain a cautiously optimistic outlook on SHIBUSDT, provided that the market maintains support above S1 and shows strength in overcoming the resistance levels mentioned. The next few trading sessions will be crucial in determining the next direction of this asset.
SHIBA INU SHIB possible BREAKOUT SOONChart Request on today's show
#shib with a Plan A / Plan B
best price would be to scaling into the trade
... add to entry in the Buy Zone ...
safer entry would be the
break of newly created resistance
(in the Buy Zone)
Market Cap 10.66B
MEME
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
SHIBUSDT major supports ahead and soon after that pumpWe are looking for a heavy pump here like the green arrows on chart also we can expect short-term fall to 0.000014$ first and after testing this support it will start pumping and first target is +200% as we mentioned it on chjart.
DISCLAIMER: ((trade based on your own decision))
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Shiba Inu Positioned for Another RallyShiba Inu Positioned for Another Rally
Shiba Inu recently broke out from a bullish channel, positioning the price for an upward movement.
On the 60-minute chart, we also see a small triangle pattern indicating a second accumulation phase, increasing the likelihood of a bullish trend emerging soon.
A very strong resistance is expected near the top of the channel pattern. If the price moves above this initial resistance zone, it should further boost the bullish momentum.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Shiba Inu shows mixed signals: What’s next for SHIB?Over the past week and month, Shiba Inu (SHIB) has posted steady gains despite market volatility. In the last 24 hours alone, it added 2.67%, reflecting the current trends across the broader market.
Shiba Inu was consolidating within a symmetrical triangle pattern, a technical formation where prices oscillate between narrowing resistance and support levels. This signals a potential build-up for a significant price move.
Traders appear to be accumulating SHIB, betting on a breakout that could trigger a rally. The rationale is simple: higher holdings now could translate into greater profitability if the price takes off.
A breakout from this consolidation could push SHIB toward $0.00002954—a level where strong selling pressure might emerge and potentially cap further gains.
However, while the accumulation phase is underway, technical indicators suggest the anticipated breakout could be delayed.
One indicator is the Parabolic SAR, which has formed dots above SHIB’s price—indicating potential downward pressure that could push the asset’s price lower.
The Relative Strength Index (RSI), which measures the speed of price changes and gauges market sentiment, shows similar bearish signals.
As of this writing, the RSI has shown a downtick, with the price following suit. If this downward momentum persists, SHIB could see a further decline.
The expected target for this move is the support level within the symmetrical triangle pattern, where the price may seek renewed buying interest before any significant upward trend resumes.
Long trade
Sun 14th Oct 24
1.45 pm NY Session PM
Entry 0.00001719
Profit level 0.00001930 (12.45%)
Stop level 0.00001709 (0.76%)
RR 16.46
Reason for entry:
The narrative for reading
price action is based on
the Whykoff methodology
(trending inside the range)
Phase D: Long trade idea?
2 scenarios: both short2 scenarios presented. A pivot to be made right now or a 1:1 rise into a dump
2 short setups presented, both good win to lose ratio
SHIBUSDT Breakout on SupportHere we have identified a breakout on support which can be expected to drop down further with the ongoing bearish sentiment. Look over the price action below the highlighted support for a possible short entry.
Shiba (SHIB) – Return to the Right Shoulder of a Head & ShoulderOn the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level.
Trading Scenario:
• Long: If the resistance is broken, aim for the next resistance level to take profits.
• Short: If the price is rejected at the resistance, a pullback to lower levels is possible.
$SHIB LONG PositionSHIB has formed a good triangle formation. The breakout had just occurred. Continuation will happen after correction.
SHIB 0.0000135 waving at your faceA monthly level, logarithmic 1:1, VAL lines up to the level!
A possible good long entry for a rotation!
