✴️ Shiba Inu Final Call Before Take Off, The Wait Is Over!Just as the title says, the wait is over!
Shiba Inu (SHIBUSDT) is moving now above EMA50 on the 3D timeframe after a major medium-term (October vs June 2023) and long-term (June 2023 vs September 2021) higher low.
In 2021 we had a short consolidation phase while in 2023 we have a long consolidation phase, works with Elliots alternation rule.
➖ Fast turns into slow.
➖ Simple turns into complex and vice versa.
👉 The targets can be seen on the chart but Shiba Inu can easily grow 215% in the coming weeks, within 1-3 months. Most likely to happen within 1.5 months.
This is not financial advice.
Thank you for reading.
Namaste.
P.S. Full trade-numbers available for this pair in the 'Related Ideas' below.
SHIBUSDT trade ideas
Shiba Inu Technical Analysis: Consolidation or Breakout?Current Situation:
Shiba Inu has entered an accumulation zone, indicating a period of consolidation where buyers and sellers are reaching an equilibrium.
Despite facing resistance just above this zone, Shiba has managed to regain some of its strength.
The price is currently hovering around its 10-day moving average, a key technical indicator.
Potential Moves:
Breaking above the Trendline (TT Line): This could lead to a downward channel breakout, potentially lowering the price range. ⬇️
Breaking above the MACD Signal Line (Green Line): This could signal a bullish breakout, leading to a potential price increase. ⬆️
Breaking below the RSI Support Line (Blue Line): This could indicate a loss of momentum, potentially leading to a price decline. ⬇️
Additional Observations:
Rising Trading Volume: The recent increase in trading volume suggests heightened volatility in the near future.
Potential for Uptrend: Based on the rising volume, there's a chance for Shiba to climb toward the next weekly resistance level if it moves.
Overall:
From a technical analysis standpoint, Shiba Inu is currently in a consolidation phase. The direction of the price will depend on whether it breaks above or below key technical levels like the TT Line, MACD Signal Line, and RSI Support Line. The increased trading volume suggests a potential for significant price movement in the coming days.
This analysis is for informational purposes only and should not be considered investment advice. Please conduct your own due diligence before making any investment decisions
SHIBUSDT.1DBased on the provided market data, SHIB is currently trading at 2192 USDT. The Relative Strength Index (RSI) is an indicator that measures the speed and change of price movements. An RSI above 70 typically indicates that the asset may be overbought, suggesting a bearish price movement in the future. The RSI for SHIB is 76.99 for 4 hours, 100.04 for 1 day, and 86.34 for 7 days, suggesting that the asset is currently overbought.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD for SHIB is 26 for 4 hours, 214 for 1 day, and 99 for 7 days. This suggests bullish momentum in the short term.
The Bollinger Bands (BB) are a volatility indicator that creates a band of three lines which are plotted in relation to a security's price. The middle band is a simple moving average that is usually set at 20 periods. SHIB's BB for 4 hours, 1 day, and 7 days are all at 2637, indicating high volatility.
The support levels are the levels at which the price rarely falls below for a certain period, while the resistance levels are the levels the crypto price seldom surpasses. These levels can be used to identify potential buy and sell opportunities. For SHIB, the support and resistance levels vary across the different time frames.
In conclusion, based on the technical indicators, SHIB appears to be overbought, indicating a possible bearish trend in the future. However, the MACD suggests a bullish momentum in the short term. Given the high volatility indicated by the BB, it might be a risky investment. As always, it's important to do your own research and consider your own risk tolerance when investing in cryptocurrency.
SHIB Shiba Inu Massive Correction SoonIf you haven`t bought the dip on SHIB Shiba Inu:
Now, at an RSI exceeding 96, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 80 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00001400, corresponding to the 0.618 level!
SHIBA! Continuation; Bulls vs BearsThe gloves are coming off.
SHIBA is now attempting to hold off sellers, as the bulls have been showing that their buying power is to much while soaking up demand.
IF SHIBA can successfully hold and confirm support above these levels, SHIBA is a MUST buy with crazy potential.
PLEASE, I ask. Do not put in a trade while we are in this spot. Be patient and WAIT for this to play out, as we know EXACTLY what SHIBA does above these levels once it CONFIRMS itself above these levels.
Its all up to the market makers and how strong buyers are here. Be patient!
SHIBA INUSHIBUSDT trading pair this time has succeeded in breaking through the Double Bottom pattern which will increase prices in the mid-term to long-term.
Currently Shiba has reached the target in the short term, this means it is necessary to look for more demand if necessary to push the price to the final Double Bottom setup.
#SHIB/USDT#SHIB
The price has been moving in a very orderly manner since the beginning of the year.
Inside a strong bearish channel, the price has always respected Trends.
Recently the Moving Average 100 was broken.
We are about to break the downtrend.
Current price is 0.00000860.
First goal: 0.00001160
Second goal 0.00001492
This represents 300% of the current price.
Supported by upward momentum from the market.
Shiba Inu: Potential +95% from Wedge Breakout!Hello dear traders!
Your support means the world, so smash that like button to keep the motivation flowing! 💙💛
BINANCE:SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773.
Now, about the Falling Wedge: it's a pattern on a price chart that typically indicates a reversal or bullish continuation. Imagine a wedge sloping downward, and BINANCE:SHIBUSDT breaking out of it is like a springboard for potential gains.
For safety measures, consider setting a stop loss below 800 . This step is all about protecting your investment. Also, think about using a lower-risk position size – it adds a layer of security to your overall strategy.
Here's to successful trading!
If you have any questions or need more insights, feel free to ask.
Shiba Inu's Next Targets After ATH (the 60% move was the START!)So after barreling thru with a 60% rally TODAY, we can clearly see Shiba Inu is going to hit all time highs imminently, here's what could follow after ATH...
a 300 - 1600% rally from current pricing will send us to the levels indicated above, these levels are based on fib retracements