Shiba bullish started I think this is what we are going to see in the future.How much do I trust him? According to the knowledge I have, 100%, but the market is full of risks and possibilities
:)
#shiba
#sihbusdt
SHIBUST trade ideas
SHIB/USDT Weekly Analysis: Potential Bullish Breakout in SymmetrShiba Inu (SHIB) has garnered attention as a high-volatility, speculative asset primarily driven by community sentiment rather than intrinsic utility. SHIB lacks the fundamental use cases that support assets like Ethereum or Bitcoin, making its price action more susceptible to market hype, social media trends, and retail speculation. This reliance on speculative fundamentals creates opportunities for large price movements, both upwards and downwards, depending on market sentiment and external factors.
Technical Analysis:
1. Symmetrical Triangle Pattern: The SHIB price action appears to be forming a symmetrical triangle on the weekly chart, with the asset making lower highs and higher lows. This consolidation phase suggests that a breakout could occur soon. Given SHIB’s speculative nature, a breakout in either direction could lead to rapid price movements, particularly if volume confirms the trend.
2. Volume Profile and Accumulation: The volume profile indicates significant accumulation within the current range, suggesting that buyers are showing interest in this price zone. This accumulation zone may provide a strong support level, potentially fueling an upward move if SHIB breaks out of the triangle. However, low utility could mean that any upward trend may not sustain without continuous market interest.
3. RSI and Bullish Momentum: The Relative Strength Index (RSI) on the weekly chart shows bullish divergence as it bounces from oversold levels, indicating potential for bullish momentum. However, it’s essential to consider that such signals in speculative assets can often lead to brief rallies followed by corrections, as speculative interest fluctuates.
4. Resistance and Potential Upside: The price has encountered resistance at a previous high marked by the purple trendline, a level that SHIB will need to overcome to signal a robust bullish trend. A breakout above this level could initiate a speculative rally, targeting previous resistance levels around 0.00004000. However, SHIB’s lack of fundamental backing means any rally may be highly volatile, and profit-taking should be a consideration for traders.
Speculative Fundamentals and Volatility:
Shiba Inu’s primary driver remains community-driven initiatives, token burn events, and potential listings on major exchanges. Unlike assets with inherent utility, SHIB’s price action is largely detached from fundamental developments and is influenced more by social media narratives and whale trading activity. This creates an environment where speculative fundamentals can lead to sudden, unpredictable price swings, and traders must be cautious of potential pump-and-dump scenarios.
Prediction:
If SHIB can sustain support within the triangle pattern and break above the resistance trendline, there’s potential for a speculative rally towards 0.00004000. However, given SHIB’s speculative nature, traders should watch for volume confirmation on any breakout and remain mindful of potential false breakouts. Unlike more fundamentally-backed assets, SHIB’s price movements are likely to be more erratic, and any significant gains should be approached with caution.
Disclaimer: This analysis is based on speculative fundamentals and market sentiment and does not constitute financial advice. All trading decisions should be based on your own risk tolerance and analysis.
Shibainu .... Technical analyst Shiba based on Fibonacci and the support area in a good place, you can go up to the 2030 area
Shiba Inu Update: Including 5X ShortHere we have a trading range. Our main target is 0.00001245, as part of this range, but prices can go lower on a strong drop.
There was a peak in mid-July.
There is another peak in September.
The September peak is being used as the top of the trading range. Challenging this level led to the first drop. After this drop we have a small bounce and currently lower high.
Interesting part and supporting bearish signal, the peak 29-October, the lower high vs September, trades lower than the mid-July peak. This strengthen the bearish case and further supports this pair moving lower.
If SHIBUSDT moves and closes above 0.00002017, the bulls become stronger. If it crosses 0.00002173, it moves out of our trading range. While the bearish bias would be valid long-term, short-term it becomes nullify. As the chart is looking now, the bearish potential remains strong and intact.
There is also really low volume recently. Based on this information, I am still bearish and expect lower prices.
It might be the last chance to enter the Short before Shiba Inu (SHIBUSDT) moves ahead. The price is within entry level, the lowest entry; but remember, market conditions can always change.
✴️ Shiba Inu Trading Range, Medium-Risk 5X SHORT—172% Potential
This is not financial advice.
Thank you for reading.
Namaste.
Will Shiba Inu Reach $0.000035?Recent Surge: SHIB has gained nearly 20% from its weekly low of $0.00001583.
Golden Crossover Potential: The convergence of the 50-day and 200-day SMA indicates a likely golden crossover, supporting a bullish outlook.
Double Bottom Formation: A double bottom reversal at the 23.60% Fibonacci level ($0.00001633) reinforces the uptrend.
Fibonacci Targets: The immediate target is the 50% Fibonacci level at $0.00002144, with further potential toward $0.00003591.
Broader Market Influence: Bullish sentiment in the broader market recovery could further fuel SHIB’s climb.
SHIBUSDTSHIB ~ 1W
#SHIB So far it continues to maintain this support Block. Make purchases gradually from here. with a minimum target of 20%++
Shiba Inu (SHIB) 400% bull flagOn the above 5 day chart price action has corrected 75% since March. A number of reasons now exist to be long, they include:
1) Price action and RSI resistance breakouts.
2) Trend reversal, a higher higher prints with the flag breakout.
3) The Bull flag confirmation. A 2nd impulsive move print takes price action to 0.000074 area or 400%
Is it possible price action corrects further? Sure.
Is it probable? No
Ww
Shiba Inu (SHIB) Price Analysis: Potential Trend Breakout The recent analysis of #ShibaInu suggests a possible bullish breakout, with a "Trend Breakout" indicator on the chart. The entry point is marked by a daily close above the blue trendline, targeting levels:
Target 1 (T1): 0.00002149
Target 2 (T2): 0.00002323
Target 3 (T3): 0.00002527
According to external market predictions, SHIB is showing resilience, trading at approximately $0.000018, with analysts expecting stability around this level until year-end
SHIB the short!Scenario 2 from my past post occured and another short is possible!
Short the short into long the long!
shib +600 %buy and hold...
alt season is running.
Based on liquidity and Shiba's lagging and divergence with Bitcoin, it is the best opportunity to buy altcoins.
SHIB, Preppin for BIG MOVES, and that's an understatement!SHIB is starting to register massive net buy volume this week -- and we're only half way of the week. Based on metrics, the coin is starting to shift trend on longer time spectrum with surging net positions in play.
SHIB is currently sitting at 1.0 FIB LEVEL. This is beyond bargain/discount factoring in longer timeframe -- which makes the current level more appealing price entry-wise.
It is currently hovering at a 2-year longstanding strong major support of 0.0000070-0.0000080 level. This should be a firm base for the incoming series of ascend.
Histogram gap jump height is unusual -- conveying anticipation of a significant upside price valuation.
Bubble up volume (bottom indicator) re-appeared after almost 3 months, first one since April 2023. Price movements are thinning out -- ripe for break.
Spotted at 0.0000080
TAYOR.
Safeguard capital always.
SHIBUSDT.1DSHIB/USDT daily chart provides a clear view of its recent price action, marked by fluctuations within defined support and resistance levels.
Key Observations:
Resistance Levels: The most immediate resistance is marked at 'R1' ($0.00002196). This level has previously acted as a ceiling for price attempts, suggesting it is a significant area for potential sell-offs or reversals.
Support Levels: 'S1' at $0.00001541 represents the nearest support level. This level needs to hold to maintain the current price structure. Below this, 'S2' at $0.00001121 serves as a lower boundary that could be tested if a more significant downtrend develops.
Price Trajectory: The chart shows a recent upward movement towards 'R1', indicating a possible test of this resistance level. The trajectory suggests bullish momentum but warrants caution as it approaches resistance.
Technical Indicators:
Stochastic RSI: Currently in the low range, suggesting that SHIB is in an oversold condition, which could potentially lead to a bullish reversal or at least a stabilization in price.
MACD: The MACD is below the signal line but shows signs of narrowing, hinting at a potential bullish crossover in the near future. This could indicate an increase in upward momentum if sustained.
Strategic Approach: Given the current setup, my strategy would involve closely monitoring the price as it approaches 'R1'. A breakout above this level could open the door for a move towards higher price points, so establishing positions in anticipation of a breakout, with a strict stop-loss just below 'S1', could capitalize on this momentum.
Conversely, if the price fails to breach 'R1' and starts declining towards 'S1', it would be crucial to assess market sentiment for signs of a potential reversal or further decline. A break below 'S1' would likely lead to a test of 'S2', and positions would need to be adjusted accordingly.
Conclusion: The SHIB/USDT pair currently shows potential for further exploration of upper levels, especially if it can sustain momentum and breach the 'R1' resistance. Traders should prepare for both scenarios: a breakout or a rejection at 'R1'. Observing both the Stochastic RSI and MACD will provide additional clues about the strength of the current trend. Implementing a disciplined approach to risk management, particularly in such a volatile market, will be crucial.
Shiba Inu Trading Range, Medium-Risk 5X SHORT—172% PotentialGood afternoon respectful trader, let me explain my thinking first and then we can get to the numbers.
Shiba Inu (SHIBUSDT) faced resistance recently at MA200, late September. This same level is working as resistance again with very low volume and a lower high. This opens the doors for another drop.
The main move is a drop that started in early March, so the tendency is down. If resistance is faced on weakness, the highest probability break is toward the direction of the main move.
The market can break to either side.
The market can be manipulated.
Not all trades hit.
This is medium risk based on the chart setup.
Leveraged trading is for experts only.
The lower low potential is strong based on these signals and many others that I gathered across the market and thus the SHORT. Below you can find the full trade-numbers for my latest trade.
➢ SHORT SHIBUSDT
Leverage: 5X
Entry levels:
1) $0.00002150
2) $0.00002000
3) $0.00001850
Targets:
1) $0.00001750
2) $0.00001610
3) $0.00001495
4) $0.00001350
5) $0.00001245
Stop-loss:
Adjust to your own risk tolerance
Potential profits: 172%
Capital allocation: 3%
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Disclaimer: This is super risky. Liquidation can result in the loss of all funds. This is not for children. Adults only. Trade at your own risk.
This is not financial advice.
Thanks a lot for your continued support over the years. I am truly grateful.
Namaste.
SHIBUSDT heavy pump ahead As we can see we are looking for at least +200% pump from previous daily low and soon our first target will hit and the paths we are looking for are mentioned on the chart with green arrows.
Major daily supports and resistances are also mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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SHIBUSDT / LONG / H1SHIBUSDT may rise from the Bullish Order Block
Bullish Order Block: 0.00001738 and 0.00001708
SHIBUSDT is approaching the Bullish Order Block. Based on my analysis, there is a high probability that the price will rise from this level. Let's see how the price reacts, but the chances for an upward movement are strong as it touches the Bullish Order Block.
Entry price :- 0.00001738
Take profit :- 0.00001807
Stop Loss :- 0.00001670
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.
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
