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Shib

SHIB's Market PositionSHIB is currently fluctuating between key supply and demand areas. At this juncture, it's advisable for traders to hold off on engaging in transactions until SHIB interacts with one of these critical zones. This strategy is based on the broader, long-term bearish trend indicated by the descending trendline. However, it's important to note that if Shiba breaks through this trendline, there's potential for a shift towards an upward trajectory. This break could signal a change in market dynamics, presenting an opportunity for traders to reassess their positions in anticipation of a possible bullish reversal. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
Shibburn Explodes by 499,416%, Placing SHIB on Verge of BreakoutSHIB dwells around the $0.000008 support area as Shibburn goes parabolic. Shiba Inu’s official cryptocurrency burning tracker, Shibburn, reported an unforeseen surge in SHIB burning over the last 24 hours. A whopping 264,204,009 SHIB tokens were set ablaze, totaling $2,245 in 13 transactions to dead on-chain wallets. Five hours ago, one Good Samaritan burned 261,408,966 tokens in a single transaction; the SHIB community praised the move on X (Formerly Twitter). The price roller coaster for Shiba Inu escalates with the canine coin sustaining the $0.000008 key support line for five days in a row.  As most altcoins face a slight market correction this Monday afternoon, SHIB picked up 1.3% gains in the last 24 hours and now trades at $0.00000846, according to independent price aggregator CoinGecko. SHIB Monthly Upswing Bolstered by Shibarium Besides the burn count, another significant reason for SHIB’s 8.6% monthly increase is Shibarium. The Layer-2 scaling network solution shows high demand for usage in several key metrics: crypto wallet addresses, total transactions, and average block production time.  Currently, Shibarium L2 encompasses over 1.2 million cryptocurrency wallets, while the transaction count recently hit 4,206,686, according to the on-chain signals provided by blockchain explorer ShibariumScan.io. Shibarium’s average block production time has increased from five seconds to 8.3 seconds, and it currently has 1.83 million on-chain blocks in creation. Notably, this slightly prolonged block production time is concurrent with the increased developer activity on the network Why This Matters Cryptocurrency burning is an efficient way of maintaining the coin’s long-term price. Layer-2 blockchains offer builders a wide range of scaling options, while memecoins can expedite this innovation through mass appeal.
COINBASE:SHIBUSDLong
by DEXWireNews
SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is SHIB Shiba. I've set a short-term price target for SHIB Shiba at $0.00000700. Looking forward to read your opinion about it!
Short
by TopgOptions
SHIB Santa - Taking 2 Zeros OutShiba Inu ( SHIB ) is coming to town. This Christmas, forget about Santa! Shiba is what we need. Another :poop: coin that will take away two zeros. The patterns are clear. Cryptocurrencies are getting ready for a great '23. For the record, I'm not a fan of SHIB ( SHIBUSD , SHIBUSDT , SHIBBUSD ). I am only holding a few millions, like every other HODLer out there. It has no real purpose, unless it's destiny is to go to Mars. My next Strong Level: 0.000006 . BUT! You asked, I deliver .. an analysis on Shiba Inu. SHIB Technical Analysis: * Elliott Wave A-B-C Pattern * Bullish Divergence * 88.6% Fibonacci Retracement * Ending Diagonal * Double Bottom * Demand Zone That's it. Merry Christmas my fellow HODLer!
SLong
by EW4X
5
🔥MINA Is Breaking 1-year Falling WedgeMINA fell by -95% and retailers are so scared. The 1.5 years of falling forced them to think the new traders and investors that dumps will long forever. But I think that altcoins will reverse as fast as Bitcoin will break and hold $29,200-30,000. This is vitally importatnt for crypto growth. 💥 Now the price is trying to break 1-year falling wedge. I suppose that MINA will accelerate after the breakout of the wedge and local pullback. The bull support will be confirmed during this pullback. My firts idea for MINA was hidden, but I told about this even before the breakout of the wedge. My followers knows it. MINA breaks the key level and consolidates above the first target For 4 weeks in a row, MINA is in a small trading range after +160% pump. I think the pump will continue as far as BTC reaches $39k. Just wait and protect your profit. like❤️ and follow
by Alex_Dehtiarov
1
$SHIB - Up or down? Bias leans up.This chart is a tossup for me. However, I lean bullish here. To me, it looks like CRYPTOCAP:SHIB has 1 more leg higher to go before turning bearish over the short term. As you can see on the chart, price has held that bullish trend line. RSI is completely bottomed out on lower timeframes which to me indicates a move higher needs to happen before price can fall lower here. I lean towards a move higher to that $.00001074 area to mark off a high on the short term. The bearish scenario would be a break of the trendline and then falling to that lower support area. After that region gets tapped, then I think the higher target will play out. Let's see what happens.
COINBASE:SHIBUSDLong
by benjihyam
SHIB Pennant IncomingOn the journey to a complete W pattern at the $0.000015 price tag there will be a few, if not more, periods of consolidation. After a hot run up to the 0.00000970 range, Shiba Inu is beginning to consolidate into what may be a week long, or slightly longer, pennant formation. Buying opportunities may present themselves around the Fib Retracement Levels with a potential bottom near the 38.2% level. A breakout from the projected pennant could take Shib's value to the 1W (1 week) 38.2% Fib Retracement Level with the 1W 50% level being the next stop if this ceiling is blown through with significant volume. However, more consolidation should be expected in my opinion. As always, a breakdown is also possible which could hemorrhage Shib's value to prior lows. At the time of this article I am still confident on a pending completion of the W pattern (see my other idea linked at the bottom) but macroeconomic factors can accelerate or derail this formation. Stop-losses should be utilized and traders should be cognizant of any significant changes in the climate of the market. COINBASE:SHIBUSD
COINBASE:SHIBUSDLong
by Shepherd_Investor
🔥AVAX HODLERS IN 90% LOSS! IS THIS A BIG CHANCE FOR WHALES❓The AVAX holders are in a huge loss since highs, so I think the updating the low at $9.3 will be the last stage of final capitulation where we will have the huge opportunity to add this altcoin in our portfolio. Huge gree area should become the resistance, but it will become a huge support after the breakout of the price. This is worth nothing for crypto market to turn $3.5M cap altcoin into $10M cap. 💥 is it worth to add to your watchlist? Yes, definitely. Like♥️ and follow!
by Alex_Dehtiarov
7
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
$SHIB Performing Falling wedge in Weekly TF soon Breakout CRYPTOCAP:SHIB Performing Falling wedge in Weekly TF soon Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
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by Crypto-Adda_Official
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
🔥dYdX is $300M Cap Altcoin That Can Turn to $1B In a 1 MonthdYdX is a DEX (decentralized exchange) which related to Binance. It doesn't grow to much such as Solana, Link and other "old" altcoins, so it means that dYdX has a great potential to grow. Its cap ($300M) is to low for such type of project and bull market will show it! The middle and bottom of the channel is a areas where you should consider long or spot purcahses. Also squeeze and trendline breakout will confirm the power of bulls. The closest targets is a top of the channel, $4 and $7 key levels. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
3
🔥Trust Wallet Token Breaks An Important TrendlineTrust Wallet Trust fell by -74% from it's highs at $2.74. Most of retailers are wiped out. Now it breaks the trendline and going to the closest resistance at $1.06-1.11. The next 2 possible targets at $1.37 and 2.34. These targets can be reached but we need the growth Bitcoin above $29,400 and continuation of the growth. The altcoins will show the huge growth only in this case, so manage your risks! Trust Wallet Trust announced Trust Wallet v2.0 at the time when I am writing this idea. So the pullback is possible but not required. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
3
🔥DOGE Copy 2021 Bull Market PatternDogecoin is in consolidation for more 500 days (530 days in 2021). Lots of retail traders and invertors are in stress and fear. I remember the similar feelings of retailers back in 2021 when everyone think that Bitcoin will fall from $10k to 3-5k again and most of altcoins will crash. 💥The retailers fear is the most bullish signal for us (the expirienced investors and traders who spend more then 5 years at the crypto market). One of the best areas to add DOGE to your portfolio will be at $0.041 key level even if BTC dupm will happen. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
3
#Shiba #shibusd targets until the end of 2023.Shiba's TARGETS until the end of 2023. Unfortunately, Shiba's charts are incomplete and do not show the initial movements and rises of this currency, so it is difficult to analyze its next goals. But if we consider the same chart and consider the Ascension from 2020 to 2021 as a five-wave structure, based on the existing possibilities, we will reach a series of targets. Target one and two are available with a high probability, target three is ideal and target four has a low probability, but this is not the end of the job and if the conditions are met, higher targets are also available. TARGET1: 0.00001480$ TARGET2: 0.00003000$ TARGET3: 0.00007500$ TARGET4: 0.00016000$ TARGET5: OPEN Suitable entry range: 0.00000850 - 0.00000700$ STOP LOSS: 0.00000630 $
Long
by KhaniTechnical
3