SHIBUST trade ideas
SHIB’s Momentum Begins to Shift , Will It Surge to $0.00001250?A symmetrical triangle has formed on the 4-hour chart for BINANCE:SHIBUSDT . This suggests that the meme coin’s price may break out in the next 24 hours. In the event of a positive breakout, the cryptocurrency may attempt a challenge at the $0.00001055 resistance level. A 4-hour candle close above this significant barrier will then clear a path for SHIB to continue climbing in the following couple of days. Should bulls continue to drive the meme coin’s price, they could elevate it to $0.00001250 in the short term.
On the other, a negative breakout could lead to SHIB falling to the $0.00000925 support level in the following 48 hours. If the sell pressure does not stop at this level, then SHIB could fall to as low as $0.00000847.
Technical indicators suggested that SHIB’s momentum is in the process of shifting in favor of bulls. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators supported a short–term bullish outlook.
The RSI line on the 4-hour chart was attempting to break above the RSI Simple Moving Average (SMA) line. Should it break above this technical indicator, it may signal that bulls have gained the upper hand against sellers on SHIB’s 4-hour chart. In addition to this, the slope of the MACD line on the 4-hour chart was leveling off. This may be a sign of SHIB’s negative momentum coming to an end.
Shiba Inu: The Meme Coin That's So Bad It's GoodI'm not going to lie, I'm not sure what Shibusdt is. It sounds like a combination of Shiba Inu and Squid Game, which is already pretty funny. But I'm also not sure if it's a good investment. I mean, it's a meme coin, and those are notoriously volatile. But hey, if you're looking for a laugh and a chance to make some money, then Shibusdt might be the coin for you. Just don't say I didn't warn you.
Shiba Inu... Tecnicall and Market psychologyFortunately, Shiba has not yet broken its upward trend line, although the profits it gave us were took , and some did not sell, but there is no need to worry, please don't be just a seller
.I see Shiba rising until the weekend,, it was a correction of the work of the whales, not a technical analysis. This is where a question arises in the mind that how 22% growth suddenly became a loss in this way, I really don't know, but this is the conspiracy of the whales who can create such a queue with a lot of money. Please don't be a seller, the whales 🐋 note is fixing this situation so that they're can buy at lower prices and sell at higher prices, I hope you will make a great profit by the end of the week.
#SHIB/USDT LONG#SHIB
The price has been moving in a descending triangle pattern since April 2022
In a way that respects the occurrence of the triangle on the frame of 3 D
And empty the downtrend was broken strongly
Moving Average 100 is being broken
Price Now 0.00000893
First Goal 0.00001076
Second Goal 0.0001448
We have oversold on MACD
And a strong upward trend
SHIB ANALYSIS🔮 #SHIB Analysis - Breakout 🚀🚀
💲💲 There is a breakout of falling wedge pattern in #SHIB in weekly time frame. $1150 is a crucial resistance level and if #SHIB holds this level then we will see the price range of $1500 in next target. 🚀🚀
💸Current Price -- $0.00001061
📈Target Price -- $0.00001800
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SHIB #Cryptocurrency #Breakout #DYOR
SHIB Prepares Breakout Rally For 40% HIKE!Preparation for Double-Bottom Breakout: SHIB price shows signs of gearing up for a double-bottom breakout rally.
Long-Tail Candle at 50-Week EMA: A long-tail candle on the SHIB chart indicates strong buyer interest, bouncing from the 50-week EMA.
Potential Rally to $0.00001438: A successful breakout could propel SHIB to a new rally, potentially reaching $0.00001438.
Bullish Rebound in the Market: SHIB is rebounding along with the broader crypto market, gaining momentum from Bitcoin's positive trend.
5.85% Jump in 48 Hours: SHIB has experienced a 5.85% increase within the last two days, indicating a resurgence in buying interest.
Challenging Overhead Neckline: SHIB is currently challenging the neckline of its double-bottom pattern at $0.00001025.
Trading Above Psychological Mark: SHIB is trading slightly above the crucial psychological level, supported by strong momentum.
Technical Indicator - MACD: The MACD suggests a positive trend, indicating a potential continuation of the uptrend.
Breakout Potential: The market's recovery hints at a possible smooth bullish progression for SHIB, with a key focus on sustaining above $0.000010.
Next Resistance Levels: Post-breakout, the next resistance levels for SHIB are identified at $0.0000125 and $0.000015.
Risk of Decline to $0.000008360: If SHIB fails to maintain its momentum, there's a risk of it dropping to $0.000008360.
✴️ Shiba Inu Standard Correction Before Additional GrowthIt will be a standard correction... Just as it happened after the peak in August, Shiba Inu retraced for about 2 months.
We have a lower high in December which can lead to another correction, maybe 3-9 weeks in duration.
➖ June - August = Bullish Wave.
➖ August - October = Bearish Wave.
➖ October - December = Bullish Wave.
➖ December - February = Bearish Wave.
Then we are likely to experience sustained long-term growth but retraces, shakeouts, price swings and corrections will continue to show up.
Namaste.
SHIB - 80% Move Still Possible?Given BTC and Eth do not continue to crash, could SHIB be ready for an 80%+ move?
After recently breaking out of a downtrend established back in August of 2022, this drop could lead to something special. Price could be retesting this downtrend as new support before making a move into our target zone.
Of course Shib's price is correlated to BTC and Eth, but I think this could be possible due to the DOGE news coming in the next couple months that could spark a meme rally.
What are your thoughts?
SHIBUSDT near trendline retest As we can see price break our red resistance trendline and now more pump here is expected only if the trendline retest complete and only after the price touch trendline we should receive buy pressure and pump else more range is expected before our heavy pump.
DISCLAIMER: ((trade based on your own decision))
<