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SHIB / TetherUS

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SHIBUSDT trade ideas

Shib short ideaShib is a great asset to trade as it moves around a lot. It can be very unpredictable but it seems that it is at a big resistance level. If this double top is created and holds a nice rejection then a decent short could be played from this level. Move your stops to BE once you get into a decent amount of profit. Also keep your stop close so you dont lose to much if this keeps going. Bitcoin seems to be finding a decent rejection so I would assume shib would follow the rest of the market.
by Block-Chain-Gang
1
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
With Golden Crossover, Will SHIB Jump 15%? Golden Crossover Approaching: SHIB's technical indicators signal a bullish trend. 24-Hour Jump: SHIB prices have risen by 3.02%, reflecting a strong reversal. Above 200-day EMA: Increasing chances of a golden crossover. Targeting $0.000010 Breakout: Potential new high on the horizon. Robust Support Trendline: Contributed to a 53.96% surge in the last 60 days. Imminent Shibarium Launch: Heightened speculation and future growth prospects. Bullish Reversal: From a consistent decline to a bullish reversal at $0.000006677. Potential Climb to $0.00001179: Fueled by enhanced sentiment and demand. Risk of 8% Decline: If prices dip below $0.0000090, a retest of the support trendline may occur.
Long
by Coinpedia-Market-Insight
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day. Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session. This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday. As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00. the index is tracking at 65.67, with Shiba Inu also falling from its previous high. SHIB/USD is now trading at 0.000009749. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Analysis of Shiba Inu (SHIB) Price Movement and Layer 2 Release Long story-short, Anticipating a move toward the target in the yellow bubble. Introduction: Cryptocurrency markets have been marked by significant volatility and innovation, with Shiba Inu (SHIB) emerging as a prominent meme token within the broader crypto landscape. In recent trading sessions, SHIB has exhibited an upward trend, approaching a critical resistance level. Furthermore, the impending release of Shibarium introduces a potential catalyst that could influence SHIB's price dynamics. This analysis delves into the recent price movement of SHIB, its technical outlook, and the potential implications of the forthcoming Shibarium release. Recent Price Movement and Technical Analysis: Over the past trading sessions, Shiba Inu has demonstrated a bullish trend, as evidenced by its movement towards testing the next level of resistance. Technical analysis reveals that SHIB has breached key moving averages, indicating increased buying pressure and potential upward momentum. The Relative Strength Index (RSI) suggests that SHIB has entered overbought territory, implying the possibility of a short-term correction. However, the Moving Average Convergence Divergence (MACD) histogram shows positive momentum, signaling further potential for an upward move. Key Resistance Level and Potential Breakout: The next critical resistance level for SHIB lies ahead, and its ability to breach and sustain above this level could signify a breakout. Traders and investors are closely watching this level, as a successful breach could open the door to further price appreciation. Conversely, a rejection at this resistance may lead to a short-term retracement, finding support at lower levels. Shibarium Release Impact: One of the most anticipated events in the SHIB community is the upcoming release of Shibarium. This decentralized exchange and NFT ecosystem holds the potential to introduce new utility and demand for SHIB tokens. The introduction of Shibarium could enhance SHIB's fundamental value proposition, potentially attracting more users and investors to the ecosystem. This event has likely contributed to the recent bullish sentiment, with investors positioning themselves ahead of the release. Risks and Considerations: While the current outlook for SHIB appears positive, it's essential to acknowledge the inherent risks associated with cryptocurrency investments. SHIB's price is subject to rapid and volatile fluctuations, driven by market sentiment, regulatory developments, and macroeconomic factors. The overbought RSI and the potential for profit-taking after the Shibarium release could lead to short-term price volatility and corrective phases. Conclusion: In conclusion, Shiba Inu's recent price movement reflects a bullish sentiment as it approaches a critical resistance level. The impending Shibarium release adds an extra layer of excitement and potential catalyst for further price appreciation. Traders and investors should closely monitor SHIB's technical indicators and the progress of Shibarium to make informed decisions. However, it's important to exercise caution and manage risk, given the inherent volatility of the cryptocurrency market.
Long
by UnknownUnicorn3237473
There is two possible scenarios for Shiba InuScenario NO.1: In this scenario, Bitcoin and cryptocurrencies work well in the same way, and Shiba Inu continues its positive activity under the skin and breaks the resistance of 0.00001055 and goes to the next resistance. Scenario NO.2: Bitcoin and cryptocurrencies will reverse their positive advance and Shiba Inu crypto sellers will increase in proportion and then close to the 0.00000832 support. As you can see, the Sar and MACD indicators are showing a weak upward trend at the moment, so the price will probably rise to the range of 0.00001055.
Long
by Saleh_Toodarvari
6
Predicting the Future of Shibarium🥳BINANCE:SHIBUSDT - CRYPTOCAP:SHIB - COINBASE:SHIBUSD Month to month year to year chart. Hola shib fans - I had a question asked by one of my followers about Shibarium. From: ShibaArmy77 "@Grandmaster_Oz I know this is a silly question that no-one can be 100% certain of... Do you think when the Shibarium gets launched, can Shiba potentially eat 2-ZEROES? I know there's not a definite answer, just wanted to hear your thought on it and see if there is a potential?" Good question! Short answer : Anything is possible, such as - if dead companies like blockbusters that's been Bankrupted and liquidated can comeback from the dead and have a market price higher than Elon Musk's favorite crypto the dodge coin. 😏See what I did there. Then it's possible for Shibainu to see heights such as removing a few zeros, in fact I'm begging it to - please do so, I want to retire at 40 years of age. But sadly you come asking for a real prediction and yes it is possible for it to even see $0.01, but we would require a rally for that to happen. So the long answer is : not really possible not at this very moment. Shibarium is launching at the right time yes - as the market for shib from this month currently - till July of 2024 is in an up trend / wave - which can aid the potential rise of shib to newer heights - but there are a lot of unwanted factors in the way, for example: ---------------------------------------- Public/ market interest The fact we are supported by Ethereum - but that's not much of a issue if we can rally up-word and give shib a backbone of it's own. Government regulations breathing down our necks. An Lastly The flow of the economy ------------------------------------------ What can fix or remedy these issues are: large rallies in wave succession Whales looking for greater gains at such low prices. High public interest More reward than risk less panic sellers less impatient investors ready to sell less impatient whales that like to sell And lastly Removal of day traders - like myself. 😩(Yeah I'm contributing to the problem, but who wants to watch it crash when you can have greater returns.) (Sorry in advance) ----------------------------------------- But this is just the tip of the iceberg we call Shib with the support of Shibarium. Your other issue is the path it takes. With the right path it will rise over time, the wrong path with no support will result in Shib crashing to it's original state it was suppose to be in the market. It's mostly people selling to make it rich and forcing the wave to start collapsing, and once it starts it's not stopping. So that is the cause but really it's a lot of factors, mostly timing and the willingness to buy. Get a single rally to make a powerful wave up to 0.00008000 or more, it'll fall within a week because of lack of support - new buyers panic selling and everyone wondering why the hell is it crashing and rushing to blame the value of the shib market for it's weakness. But in reality we are riding in waves, and some waves are high others are low and when there low even with a rally it will fall back regardless of how you feel about the coin. Trick is you need more than one rally to force it to move up and keep it in place or else it continues to fall back down, it's always wanting to go down, that's the stock market in general. And lets not forget about the crypto depression that can take you from 0.00008000 to 0.00000700 in a matter of 2 weeks. That's what happen in 2021. So the best path to take is the slow and steady path, that's creating new peak points and gaining support to stop the lows from getting any lower. Even with cryptos like Bitcoin for example and their limited supply - the price is still going down because they are in a down wave and the holders don't even know it or care to hear about it. --------------------------------------- So in conclusion do I think Shibarium will help Shib lose a few zero? Yes, it will but highly unlikely to happen at this very moment maybe in a year or so - but you never know till you Hold and watch the ride. --------------------------------------- Just be happy we have something that doesn't go bankrupt like the stock market does with companies that enjoy doing negative splits and charging you 50 bucks for your 1 share/ half a share, blasted thieves. Yeah sorry past events on E-trade popped in my mind, more like nightmares really. Any-who hope this helps.
by Grandmaster_Oz
4
SHIBA INU what is next? 📖💡Hello 🐋 Based on the chart the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️ beside we expect to see gain and pump from our first support level 📚✔️ if we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
5
SHIB Prices Ready For A Breakout Rally?24-Hour Price Jump: SHIB prices have risen by 7.50% in the last 24 hours, retesting the $0.00000908 breakout level. Above 200-day EMA: SHIB prices are now above the 200-day EMA, enhancing the chances of a golden crossover. Trend Reversal Opportunity: The current price action indicates a potential new high and trend reversal for SHIB. Two-Month Bull Run: A resurgence in buying pressure has maintained a bull run for 45% in the last 56 days, breaching the 200-day EMA. Potential Golden Crossover: The 50-day EMA shows signs of a potential golden crossover in the daily chart. Overnight Gain with Volume Jump: SHIB's price gained 7.50% overnight, with a 40% increase in intraday trading volume, undermining the previous 9.93% drop. Sustaining Above Fibonacci Level: The retest helps SHIB sustain above the 23.60% Fibonacci level, increasing the uptrend possibility. Bullish Daily Indicators: Both MACD and RSI indicators in the daily chart show a surge in bullish sentiment, with MACD maintaining an uptrend and RSI reaching the overbought boundary. Weekly Chart Analysis: Despite failing to sustain above $0.000010, a sharp lower price rejection indicates a rise to challenge the 50 EMA, supported by a bullish MACD crossover. Potential Bull Run to $0.00001179: If SHIB closes above the 23.60% Fibonacci level on the weekly chart, it may start a bull run to the 50% Fibonacci level. Risk of Downtrend: Excessive selling pressure above the 23.60% Fibonacci level could lead to a new lower high formation, possibly challenging the support level of $0.00000667.
Long
by Coinpedia-Market-Insight
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected. It is now likely to pull back to retest the breakout level of $0.000008. That could be an attractive swing entry again. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS