$SHIB no longer have excuses for its failureLet's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said on her tweet in 20/03 to expect a new ATH around the halving and mentioned buying the dip , let's see that the buyers on this week are on 0,00002750 (here's our support zone, and the area where significant purchases happened and will happening in the first days of this week).
I believe this week will be crucial to understand if the SHIB team is still bluffing, given the performances of PEPE, BONK, and surely soon BOME, it will no longer have excuses for its failure.
I want to remain LONG and hope that with the breakout of last week's high, SHIB finally returns to its ATH and creates a new one on 0,00013 (FIB 1,618 next level).
SHIBUST trade ideas
SHIB UPDATE - BUYAREAS IM WATHING FOR.Hit my buy target over the weekend, see previous post. We are sitting ok at this level. Bulls are putting up a little fight, sellers seem to be not as aggressive here. "IF" we break below this area, my next buy target is .000024, If we hit that I will re evaluate.
Remember, we are likely heading into a bull cycle, and its just begun, this gives more time for accumulation.
Good Luck
SHIB - New Accumulation AreWe have entered into the upper trading range with good volume, Now targeting .00003192 as my accumulation are, if we don't hit it so be it, but this is the true support, see LVN, LVS are areas where you see the lack of aggressive buyers or sellers depending on which side of the PoC it is, Top or Bottom.
It will be interesting to see, .0000.3731 is a really crucial resistance, we retest that, with volume and no rejection, we can head into uncharted territory.
Shiba Inu Ready to take-off! The price seems ready to take off; now is the time to watch SHIB closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000314$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000325$
2. 0.000034$
3. 0.0000355$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
SHIBA-USDT | 15M | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
SHIB ANALYSIS๐ฎ #SHIB Analysis ๐ฐ๐ฐ
๐๐ There is a complete formation of Cup and Handle Pattern in #SHIB. We are just waiting for a perfect breakout. If #SHIB breakout with good volume then we will see a very good bullish move.๐๐
๐ Current Price: $0.00003020
โณ Target Price:ย ย ย $0.00004454
โ๏ธ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB. ๐๐ธ
#SHIBย #Cryptocurrency #DYOR
SHIB: Broke above the resistance trendline! Shiba Inu broke the resistance trendline, and a bullish continuation is expected! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000307$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000315$
2. 0.0000325$
3. 0.0000335$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Shiba Inu 24 hour candles showing a bullish flag? I'm a beginner when it comes to reading charts, so please correct me if I am wrong. After watching the 24 hour candles, I noticed what looks like a bullish flag forming. I watched it for a few days and now the candle for Thursday March 28th, 2024 is passing over the top of the flag. Is this a bullish flag? Are we about to go into a big bull run? I believe it has already begun, and will be a long one if this is a true bullish flag.
SHIB BULLISH Chart๐ Breaking News: Bullish chart pattern spotted on #ShibaInuCoin (SHIB)! Are you ready for liftoff? ๐๐ผ #SHIBArmy #Bullish
๐ Eyes on #SHIB! A bullish chart pattern has emerged, signaling potential gains ahead! ๐๐ฅ #ShibaInu #Bullish
๐ฎ Chart analysis update: #ShibaInuCoin (SHIB) shows a bullish pattern, fueling excitement for what's to come! ๐๐ #Bullish #Crypto
๐ฅ Boom time ahead! Our analysis reveals a bullish chart pattern forming on #SHIB, hinting at an upcoming surge! ๐๐ #ShibaInu #Bullish"
"๐ It's happening! A bullish pattern is brewing on #ShibaInuCoin (SHIB), setting the stage for potential gains! ๐ผ๐ #Bullish #CryptoNews
๐ฅ Get ready for fireworks! #SHIB shows a bullish chart pattern, igniting excitement for what's next! ๐๐ #ShibaInu #Bullish
๐ Positive vibes alert! Our technical analysis points to a bullish pattern on #ShibaInuCoin (SHIB), signaling opportunities for traders! ๐๐ฐ #Bullish"
๐ On the rise! A bullish chart pattern has emerged on #SHIB, paving the way for potential gains! ๐๐ #ShibaInu #Bullish
๐ผ Time to buckle up! #ShibaInuCoin (SHIB) is showing a bullish pattern, indicating an exciting journey ahead! ๐๐ #Bullish #Crypto
๐ Keep an eye on #SHIB! Bullish signals are flashing on the charts, hinting at a bullish run in the making! ๐๐ #ShibaInu #Bullish
SHIB's Bullish BreakoutRecent market analysis of SHIB indicates a bullish sentiment as the pair experiences an upward trajectory. The price action has shown a positive change, complemented by significant trading volume, pointing towards sustained interest and potential for further gains. The Bollinger Bands suggest a close watch, as the price approaches the upper band, typically a sign of overbought conditions. However, the confirmation of trend direction should be sought with additional indicators.
The MACD supports the bullish outlook, with the histogram above zero and the MACD line crossing above the signal line, indicating increasing bullish momentum. Additionally, the RSI sits below the overbought threshold, currently leaving room for further upward movement without being overextended.
A recent breakout above a key resistance level could signal the continuation of the bullish rally for SHIB, although it's important to seek further confirmation to validate this trend. Moreover, it's crucial to consider the correlation with Bitcoin's price movements, as shifts in the leading cryptocurrency often impact altcoins like SHIB.
Under PressureThe SHIB 4-hour chart indicates that SHIB is in a phase of equilibrium, with the indicators collectively suggesting a market in search of direction. The price is trading just below the simple moving average (SMA), which typically suggests a balance between buyers and sellers, but also signals that the bulls have not yet gained full control to push the price upward with conviction.
The proximity of the price to the upper Bollinger Band, while not touching it, implies that there is some buying pressure, but not enough to break the solid resistance. The volume is quite substantial, which sometimes can precede a significant move, but for now, it hasn't translated into a breakout, which is what traders might be watching for.
The Stochastic Oscillator and the Relative Strength Index (RSI) are both in neutral territory. This alignment shows that while there has been recent buying and selling activity, neither side is dominating, leading to a consolidation pattern on the chart.
Given that the MACD line is at parity with the signal line, as indicated by the histogram at zero, there's no immediate momentum favoring either a bullish or bearish move. This, combined with the RSI and Stochastic Oscillatorโs neutral readings, paints a picture of a market that is currently undecided.
Overall, SHIB is in a holding pattern, with the indicators waiting for a catalyst that could define the next clear move. The key levels to watch are the solid resistance above and the strong support below. A break above the resistance could signal a shift to a bullish sentiment, while a drop below the support could usher in bearish momentum. For now, the indicators suggest watchfulness and caution as SHIB navigates this zone of indecision.