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Shib

SHIBUSDT.1DThe SHIB/USDT daily chart indicates a significant downtrend with the price closing in on the support level (S1) at 0.00001599. If the price breaches this level, it might signal further declines. The resistance levels (R2) sit far above the current price at 0.00003357, suggesting that the asset has room to recover if the momentum shifts. However, the current market structure would require a strong bullish reversal to reach these heights again. The RSI is approaching the oversold territory at 28.85, which might attract interest from buyers looking for undervalued entries. However, a persistently low RSI can also align with a strong downtrend. The MACD's position below the baseline and its negative histogram also support the bearish trend. Traders would need to see a cross above the signal line or a shrinking negative histogram for signs of a potential reversal. The presence of a pattern resembling a flag pole and a flag (bear flag) may indicate a continuation pattern, so a downside break from the flag could signal a continuation of the downtrend. In conclusion, the indicators suggest a bearish outlook, but with the RSI nearing oversold conditions, one should watch for any potential bullish signals or price action that could indicate a reversal or a pause in the downtrend. Always remember to consider other technical aspects, fundamental analysis, and market news when evaluating such scenarios.
by MarsSignals
SHIB: StandstillSHIB is currently showing a price action that's worth noting. The token has been unable to break a particular resistance level for about three weeks now. On the 4-hour chart, SHIB is trading at a point that has acted as both resistance and support in the recent past, indicating its significance. The MACD is hovering just below the signal line and the histogram is almost flat, suggesting there isn't much momentum in either direction at this time. This could be read as the market taking a breath before deciding its next big move. The Stochastic Oscillator is relatively low, which sometimes points to an upcoming upward move if buyers step in, considering the price could be seen as undervalued. However, the RSI is also in the lower region, supporting the possibility that the market sentiment is currently not in favor of a strong bullish push. The trading volume has been substantial, yet this hasn't translated into a significant price change, which often implies consolidation. Traders may be looking for a catalyst or a shift in broader market sentiment to give SHIB direction. This current state of balance can be delicate, and a breakout above this level would likely require a strong shift in investor confidence and market dynamics. Conversely, a break below could see SHIB testing the lower levels of solid support that have been established. The critical aspect to watch with SHIB will be how it interacts with the solid support line beneath it. Whether it holds or breaks might provide insights into the market's confidence in the token. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
New Phase of CorrectionThe price of the SHIBA token faced a correction after reaching a significant and prominent resistance area, which is displayed in orange, and returned to the designated support zone marked in red. However, this initial support was unable to prevent a further decline in price, and it appears that the price has entered a new phase of correction. Currently, the market is still in a correction phase and the short-term growths observed during this period are only considered temporary. This situation will continue until the downtrend is decisively broken.
by MonoCoinSignal
Shiba Inu price completed correction and will continue to grow ?We would like to believe that the Shiba inu price has already made an a-b-c correction as part of wave 4. But it's worth keeping in mind that a drop in the #SHIBUSDT price down to $0.00001350 - 0.000015 will still keep the upside scenario relevant. But probably most would like to see the price drop no longer fall so much, and for CRYPTOCAP:SHIB buyers to keep the price above $0.000020 and continue to grow with a medium or long-term target of $0.000075 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
SHIB, THE LITTLE DOG THAT COULD AND PROBABLY WILLI still prefer dogecoin HOWEVER, I think there is a chance to make money on a lot of things SHIB is one of those for a lot of reason. Technicals is the focus here so I'm not getting into fundamentals Here is the chart All rejection trends, no support trends, however they are all trading in the bullish direction This chart has some sell targets (light red) Buy targets (light green) Rejection trends (red) Remember, a breakout can go pretty high and overextend this chart. If I don't have a new one by that point covering the movement, please comment because I currently have a lot of open charts and keeping all of them updated is.. not the easiest thing in the world, so I definitely miss old charts at times. I have literally zero issue with anyone ever commenting asking for an update because I'm slacking, wrong or really anything. I'm still bullish This price is going up because something weird is happening behind the scenes. IDK what, but I have guesses. BUT. Even at a bullish look, there is still a lot of chances to lose a lot of money so don't jump into a dumb trade just because. There is always time to be patient and time your buy even if you miss out of some potential profits. Crypto moves fast and sometimes can really burn you on a high side buy. GOOD LUCK!!
COINBASE:SHIBUSDLong
by nicktussing77
1
Alikze »» 1000SATS | Ready to defeat the dynamic trigger💎 SATS is a BRC-20 token that pays homage to satoshi. SATS is the abbreviation for satoshi, the smallest unit of Bitcoin. One satoshi equals to 0.00000001 BTC. Please note that the token is a meme token and is inscribed by an anonymous team. 1000SATS is 1000 times of SATS. 💎 Meme Coin Satoshi has made a modification in the three-wave wide format, which according to the type of structure, if the dynamic trigger is broken and the green box area is maintained, it can touch the specified areas. 🔔 If it breaks the green box, it can continue the correction until the liquidity zone. Therefore, considering that in the green box area, good volumes of candles have been recorded, the green box area is a strong support area that must be maintained to continue the path. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by UnknownUnicorn7266498
3
SHIBA's correction will continueAccording to the structure of the waves, it seems that the SHIBA correction will continue. The correction has started from where we entered "START" on the chart. It seems that we are in an ABC or a more complicated pattern. Wave B looks like a triangle with only one wave left. We expect another downward wave from the red range. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
3
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SHIBUSDT
by Crypto-Check-
1
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside. The price has already risen to $0.00002864 , which I view as a breakout sign. Resistance Levels to Monitor - The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains. - The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development. - Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 . Crypto Impact The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter. In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
BITSTAMP:SHIBUSDLong
by Z4F4R
1
🔥INJ Is In A Massive Channel: Remember that AI BOOM❓Injective is one of the AI-related altcoins which grew by +800% after the channel breakout. Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken! Additional question, if the price have enough power to grow by 700% as the continuation of the bull flag pattern? 💥 will it repeat this time? everything depends on BTC, but it has a chance to do so. like❤️ and follow Check the links and get a BONUS from me👇
by Alex_Dehtiarov
1
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
Short
by fxtraderanthony
2
Shiba Inu (SHIB) - Bearish Short TermShiba Inu (SHIB) has fell below the 20-day EMA (£0.000022) on April 2, indicating that the bears remain active and the price could likely push Shiba down towards the £0.000019 mark near the 50-day EMA. If the price rebounds off this level, the bulls will attempt to push the price to £0.000026. A break and close above this level will be the first sign that the bulls are on a comeback. The momentum may then attempt a rally to £0.000030.
Short
by Bitcoin_Benny
🔥ID is Another TOP Altcoin on BinanceSpaceID fell by -85% from it's highs. That's much more then most of fresh altcoins on Binance (which has a top growth potential): WLD, ARKM, EDU etc. It means that not to much people to pay attention to this altcoin and don't want to buy it now...still. The retailers want to buy such altcoins when it pump by 3-4x which is end of the growth. The same pattern with Aptos supposes these target for ID: 1. $0.36 (+97%) - the key level 2. $1.05 (+457%) - the local high 💥 The bull market is alredy in action and will take just 1-2 years. Please use this time to your advantage! like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
7
🔥SOL Is Close To The Buy Side And Trend Line SupportThe SOL price makes a local pump after test of the trendline. The biggest price support for Solana is at $16 (channel bottom and trendline). Also pay your attention to the BUY and SELL side. If you open a trade at the bottom of the channel it would be better to close at least 30-40% at the top of it. 💥Bitcoin will show the direction for alts. So pay much attention to #1 crypto and Solana support levels. If you bought it at the bottom of the channel and still hold, I would recommend you to not sell coins for now. At least 1 wave of growth will be soon. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
5
🔥SEI Is In Accumulation Area: The Rocket Will Launch SoonSei Network is one of the fresh altcoins on Binance with a huge growth potential. As it happened to many fresh altcoins, it follows the Aptos scenario. The closest target is at $0.17 (+60%) and $0.37-0.4 (+251%). As fara s you understand there are just local targets. I expect 20-40x on a bull market at least. 💥$220M for altcoin is just a grain of sand in the desert. That's why fresh low-cap altcoins grow so high. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
6