SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally:
Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week.
Some of the biggest asset managers on the entire planet are going to release a BTC ETF:
Blackrock $9.3 Trillion
Fidelity $4.5 Trillion
Franklin Templeton $1.53 trillion
Invesco $1.5 Trillion.
BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline.
I expect the approval to a buy the rumor, sell the news event.
Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit.
A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.
SHIBUSDT trade ideas
Shiba: Another Chances To Join - Get ReadyShiba: Another Chances To Join - Get Ready
Two Days ago the crypto market was manipulated with the comments that the SEC won't approve a Bitcoin ETF and it was followed by a quick sell-off.
Now '' SEC schedules meetings with the NYSE, to finalize comments on Spot.
However, Shiba almost tested a key support area where the price reacted very well also on the past.
SHIBA can likely test our red zone before it moves higher again by giving us another
opportunity to join the Long trade again.
You may find more details in the chart!
Thank you and Good Luck!
IS SHIB READY FOR A REVERSAL RALLY?SHIB Retest Phase: SHIB is currently undergoing a retest phase of a recently broken weekly resistance trendline.
Potential for a Bounce Back: A long-tail candle in the weekly chart suggests a possible bounce back in the upcoming week.
Upside Target: If successful, the post-retest reversal could propel SHIB's price to around $0.00002145.
Recent Breakout Reversal: SHIB price briefly surpassed the $0.00001025 level but faced a pullback due to market-wide declines.
Weekly Chart Observations: The weekly volume indicates a high-volume breakout followed by a downturn with a 5% weekly drop.
Active Demand at Lower Levels: The long-tail formation hints at buying interest at lower price levels.
Current Trading Price: SHIB is trading slightly below the crucial $0.000010 mark, at about $0.00000981.
Technical Indicator - MACD: The MACD indicates a shift from bullish to potentially bearish, with declining histograms.
Technical Indicator - RSI: The RSI shows a decrease in buying pressure, suggesting waning investor interest.
Market Influence: The overall crypto market trend could heavily influence SHIB’s price movement.
Critical Retest Outcome: The outcome of the retest phase will be pivotal for SHIB's short-term price direction.
Potential Downside Risk: Failure to reclaim $0.000010 could lead to further decline, potentially down to $0.000008360.
Shiba Inu(SHIB): Multiple Good Entries To Long/ShortOur attention caught the SHIBA coin, which has amazing potential for some significant movement to happen soon! We pointed out most major zones here and potential scenarios to happen on this coin, and the rest is up to the coin to choose the direction.
What would be your entry point?
Swallow Team
The best coin market meme... SHIB army support me !!!In my opinion, the best coin market meme is Shiba right now.
The chart is in the weekly time frame and I think it is very clear.
Entry point and stop loss is up to you and I just shared my long term view with you.
Good luck, dear traders
Mohammad Goodarzi
Thursday
4 Jan 2024
SHIBUSDT after a rest here more and heavy pump is expected AS we said before we are looking for a heavy pump here and targets and resistances are also mentioned on the chart with red zones and soon after a maybe range here more pump is expected and at least another +100% is ahead.
DISCLAIMER: ((trade based on your own decision))
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$SHIB Might Show Us Some Great MovesHaving a great hype behind it SHIB really shows a great chart layout. I see 2 triangles forming a position great for breakouts. The breakout of the first triangle could lead to the breakout of the other one. Pretty basic analyses but if a chain breakout happens CRYPTOCAP:SHIB will be one of the best gainers. I suggest investing a smaller amount and forgetting it a couple weeks, months.
Can Shiba Inu make 400% move?As you can see Shiba haven't made any pullbacks since it made higher high. Now it's looking positive after 2 years. What I am seeing now is Bearflag, Double Bottom, and checked downtrend channel third time and ready to break it and make higher low's. Closing candle around 0.00001214 is gonna be huge sign to go even further. That means breaking Double Bottom's neckline and Downtrend channel. I will be Taking Profits at those green lines.
SHIBUSDT # 006 ( Clear road map up to 125% profit !!! ) Hello dear traders.
Good days.
SHIBUSDT after monthly Gann Square reversal time zone, has started bullish rally .
On daily Gann Square Time Frame price broken First Gann Arc resistance and get support from lower Gann Fan and ready for move to the defined targets .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
sell & buy for renge (SHIB)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Albroks setup😁
📊 (Entry) : buy = 1059
🔴 Stop Loss : 1031
🎯 Take Profit : 1088-1122
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.