Apparently meme season is coming! SHIB looking solidSHIB breaking through two key areas of resistance here.
I am planning to take half profit at that target and then trail the rest on the supertrend line.
Let's see how it works out.
SHIBUST trade ideas
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Upside potential to $0.00001 next. (set a price alert).
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 $0.0000070, then $0.0000055. The nearest Resistance Zone is $0.0000080, which it broke, then $0.0000100, and $0.00001200.
Shibausdt ,, tecnicall analyst 🐕From the number 663 in Shiba, we have been placed in the ascending channel, I also specified the ascending channel in (Rsi). Now we are waiting for the psychological number of 1000 for Shiba, in which Shiba has always reacted. So in the number 1000 . Maybe this will happen with a downward pullback, but it will happen very quickly, and it will continue its growth path soon, great choices always give great answers. Be profitable🌹
SHIBUSDTIt is possible that there will be a strong downward wave remaining once again
Note: The analysis fails if it closes over an area 0.0000155 usdt
SHIB Coin Breakout Squeeze we just broke the bearish trend on the big picture , and now we might have a bullish run before the end of this year towards to profit taking levels .
SHIBA NEW VOLUME UPCOMINGShiba showing a new volume of upcoming
This can be confirmed in the coming time if Shib able to add a new volume
We know Shib from stable movements, but this can change to a new break for SHIB.
SHIBA has the top 1 whale USDT whale.
Can this become a bottom as previous one
shibusdt 1d#SHIBUSDT 1D
Shiba has completely touched the bottom and the lowest level and now you can see that he has corrected it and currently he has broken a small upward trendline, which is a good sign and it can also be above the support that he actually paid for to fall, but for now . It has come above this area and it can be said that by breaking its current trendline, it can start an upward trend
TP1: 0.00001424
TP2: 0.00003034
TP3: 0.00005006
💡Trade Idea #SHIB/USDT:Looking at a #SHIB coin on a 3D timeframe. Facing a massive resistance trendline. These charts are probably for those who investing for a long-term game.
Shibausdt .Technical analysis importantIf Shiba cannot pass this area, which is an important resistance, it will go down with a lot of momentum and then go up, then the possibility of a very fast pullback to the bottom is not out of mind...
#SHIBA#SHIBA
Currently the coin found its support at 0.07981$
Personally expect to see the coin at around 0.09843$ 1st where we will see bear reaction. (2)
Only after breaking above that level we can expect it higher at 0.119$ (3)
If the coin manages to break above 0.139 in this case consolidation between this price and 0.152$ possible where either init breaks above 0.152$ and goes higher (4. 5.) or below 0.139$ in this case it may come back to 0.119$ or even 0.098$
My bullish TA invalidates if the coin comes back to its support at 0.07981$ and closes below with H4 or H6 in this case the coin will dump till that green box that you see on the chart.
Shibainu tecnicall analyst If Shiba can break the resistance ceiling of 900, it can reach the next level where Shiba's next resistance is, and we can hope that Shiba's trend will finally hit the resistance level after 4 times this time with strength. can pass
Can SHIB Prices Cross The $0.000010 Mark?Bullish Breakout: SHIB price sees a 16% jump, breaking past the 200-day EMA.
Price Action: SHIB currently trades at $0.00000861, with a 3.99% intraday gain.
Market Recovery: The overall bullish market trend aids SHIB's rise.
Technical Indicators: MACD and EMA show positive signs for a golden crossover.
Volume Support: Increased intraday trading volume backs the bullish trend.
Wedge Breakout: SHIB price action indicates a falling wedge breakout.
Resistance Surpassed: Overhead resistances at the 50-day and 200-day EMA are breached.
Golden Crossover: Potential golden crossover could further fuel the rally.
Price Prediction: SHIB is set for a bullish trend reversal, possibly reclaiming 2021 highs.
Bearish Scenario: A fall below $0.000008360 could lead to a drop to $0.00000751.
Meme Coin Demand: Rising demand in the altcoin sector propels meme coins like SHIB.
Key Level: Breaking above $0.0000890 is crucial for maintaining the uptrend.
SHIBA INU Technical Analysis And Trade Idea SHIBWelcome to our SHIBA INU Technical Analysis and Trade Idea. In this video we dive deep into the SHIB/USDT pair, focusing on the prevailing bullish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that SHIB is currently on the verge of a crucial support level, a pivotal turning point for this digital asset. Throughout this discussion, we'll explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we'll meticulously examine a potential trading opportunity within the SHIBA cryptocurrency.
It's essential to underscore that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the foreign exchange market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
SHIB USDT - PUMP IT UPThis trend line started exactly 2 years ago. Imagine what happens when this trend gets broken... a mega pump to the upside.
Why would this trend get broken?
TOTAL making new highs, meaning new liquidity is coming into the market
BTC.D tipping over (liquidity moving from BTC to ALTS)
TOTAL3 just broke out its wedge to the upside
VMC Cipher_B_divergences shows 2x bullish divergence on the weekly timeframe
VMC Cipher_B_divergences shows an even larger bullish divergence on the weekly timeframe
However, keeping track of BTC moves. One should always be careful with slowly increasing channels after such a big move as we had on the 24th of October. Could be a setup for a dump that (generally speaking) brings prices of all coins back down.
🌕 SHIB- Will History Repeat Itself? 🌕Shiba Inu (SHIB), a cryptocurrency known for its meme origins, has recently been showing intriguing patterns that remind traders of past market dynamics. In particular, it shares some similarities with FET in terms of liquidity sweeps and significant price pumps.
Liquidity Sweeps: A Common Thread
The concept of liquidity sweeps is vital in understanding SHIB's price movements. Like FET, SHIB seems to conduct calculated liquidity sweeps by targeting key levels on its chart. This strategic approach involves pushing the price to specific levels, triggering stop-loss orders or encouraging traders to take specific actions. This tactic can set the stage for a notable price pump.
2021 Parallels: A Tale of Breakout and Surge
In 2021, SHIB witnessed a turning point, a critical breakout that preceded an explosive price surge. This breakout led to an exponential increase in value, captivating the attention of traders and investors worldwide. The market dynamics of 2021 created a unique environment for SHIB's remarkable growth.
Expectations: A Potential for History to Repeat
Given the similarities between SHIB's current patterns and its historical breakout, some traders are cautiously optimistic. They anticipate that SHIB may retrace a similar path to past surges. While trading cryptocurrencies can be highly speculative, historical trends often influence market sentiment.
Trading Strategy: Proceeding with Caution
For traders interested in SHIB, adopting a risk management strategy is paramount. While history may offer insights, it doesn't guarantee future results. The cryptocurrency market remains highly unpredictable.
Conclusion: Keeping an Eye on SHIB
Shiba Inu has a history that's filled with dramatic market movements. As it follows the path of liquidity sweeps and triggers key levels, traders should remain vigilant. While there's a potential for growth, it's essential to navigate the market with caution and a clear trading plan.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Share your thoughts on Shiba Inu's price action 💚🚀💚
SHIB’s Close Today Could Indicate Its Next Short-Term MoveA bearish rising wedge pattern has formed on SHIB’s daily chart, which may suggest that the meme coin’s price will correct in the next couple of days. This bullish thesis could be invalidated if SHIB closes today’s daily candle above $0.00000847. This could then set the altcoin up to continue climbing to $0.00000965 in the following couple of days.
On the other hand, SHIB closing today’s trading session below $0.00000847 could expose the cryptocurrency to the risk of falling to $0.00000755 in the short term. Thereafter, continued sell pressure could force SHIB down to as low as $0.00000700.
Technical indicators suggested the meme coin is at a decisive point. The daily Moving Average Convergence Divergence (MACD) indicator signaled that SHIB’s positive trend may continue. This was suggested by the MACD line breaking away above the MACD Signal line. In addition to this, the gradient of the MACD Histogram was also positive.
Meanwhile, the daily Relative Strength Index (RSI) indicator signaled that bulls were losing some of their strength. Furthermore, the downside potential for SHIB was greater than its upside potential, as it is approaching overbought territory.
Today’s daily close may indicate in which direction SHIB will move in the coming 24-48 hours. If the meme coin closes today’s trading session above $0.00000847, then it may continue to rise to $0.00000965. Conversely, a daily candle close above $0.00000847 could lead to SHIB falling to $0.00000755.
SHIB - Resistance and Support Zones - TargetsPotential Price Targets and supports -
Support Zone $.00000640 - $.00000760
Target 1: $.00000850
Resistance 1 / Fib level .618: $.00000912
Target 2: .000001480
Major Volitility Zone: $.000015-.00003405
Previous Top Resistance: $.00006075
SHIB is the main token of the Shiba Inu ecosystem, bringing the power of a decentralized, community-led currency to millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.
Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
SHIBUSDT heavy pump ahead +150% pump is expected As we can see and we said before SHIBUSDT has a high potential and soon we are looking for heavy pump and at least +150% pump here.
DISCLAIMER: ((trade based on your own decision))
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#Shiba #shibusd targets until the end of 2023.Shiba's TARGETS until the end of 2023.
Unfortunately, Shiba's charts are incomplete and do not show the initial movements and rises of this currency, so it is difficult to analyze its next goals.
But if we consider the same chart and consider the Ascension from 2020 to 2021 as a five-wave structure, based on the existing possibilities, we will reach a series of targets. Target one and two are available with a high probability, target three is ideal and target four has a low probability, but this is not the end of the job and if the conditions are met, higher targets are also available.
TARGET1: 0.00001480$
TARGET2: 0.00003000$
TARGET3: 0.00007500$
TARGET4: 0.00016000$
TARGET5: OPEN
Suitable entry range: 0.00000850 - 0.00000700$
STOP LOSS: 0.00000630 $
SHIB /USDT | 1d 👀#SHIB has made a significant breakout from the symmetrical triangle pattern, accompanied by substantial trading volume. The MACD crossover is signaling a bullish momentum.
We expect the bullish trend to continue, either from this point or after a successful retest of the symmetrical triangle.
✅ Stay updated on market news and developments that may influence the price of #SHIBUSDT. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #SHIBUSDT #Trading #SHIB
!! Mysterious Shiba !! It is true that after the launch of Shibarium, we saw a downward correction in the Shiba trend.
Something that not only Shiba, but the whole market was involved in.
But the data shows that before the halving of Bitcoin, which will happen on May 1, 2024, we will witness a significant growth of digital currencies, especially Shiba.
Based on Shiba's development plans, including the launch of Shibarium and the news of stablecoins and the high amount of token burning and the increase in investor demand, it indicates an upward trend.
If this analysis is of interest to you, please support me with a boost and comment.Thank you
