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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 $0.00001200.
Long
by altFINS
#SHIBA#SHIBA Currently the coin found its support at 0.07981$ 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.
Long
by vazitrades
2
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.
Long
by Coinpedia-Market-Insight
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.
Long
by fxtraderanthony
3
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.
Long
by crypto-king-007
🌕 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 💚🚀💚
Long
by Yaroslav_Krasko
3