SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
CHART ANALYSIS:-Shiba Inu (SHIB) jumped to a three-month high on Saturday, with prices surging by as much as 10%.
Following a low of 0.000008551 on Friday, SHIB/USD surged to a peak of 0.000009509 earlier in today’s session.
This resulted in the meme coin climbing to its strongest point since May 6, when the price reached a high of 0.00001007.
the move comes as the 14-day relative strength index (RSI) moved past a resistance level of 67.00.
the index is tracking at 73.62, which is its highest level since February.
Should momentum continue throughout the weekend, the next target for bulls is likely to be a ceiling at 0.00001025.
This is not a piece of financial advice.
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Shib
Shiba Inu bullish momentum building? 🚀🔥Shib today analysis 💎SHIB is currently making some fascinating moves, bouncing back from the support provided by the intersection of the horizontal and uptrend lines.
💎 Another observation is that it has faced rejection from the EMA 50 twice. The uptrend could potentially kick off before encountering a 10% EMA 50.
💎 The RSI being below 50 indicates that bears still have a hold on SHIB's price and could easily regain control if the bulls falter. If this occurs, the resulting selling pressure could push SHIB downwards.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
SHIBUSDT, in accumulation phase and is getting ready🦬 UpdateHello guys, Everything is explained on the chart for you like always. Shiba has been in trade range and heavy accumulation after the decreasing phase, so the ascending phase will start soon. You can consider it and monitor the price's actions in the circles to enter or increase your Shiba tokens.
Good luck.
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Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. Shiba baad az ravande nozooli dar ye nahiye reng va anbasht sangin gharar dard va bezodi faaze so'odi ro shoro mikoneh. dar zaman rizeshe bazar raftar gheymat dar dayere ha ro rasad konid baraye vorode jadid ya ezafe kardan be Shiba hayetan. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
SHIB ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SHIB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SHIB - breaks the global countertrend line!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
After a local accumulation of 1.5 months, SHIB broke through the global countertrend line and the asset has already managed to gain a foothold higher.
The nearest strong resistance level is 0.618 Fibonacci on the global 3D chart.
From the technical side, it looks super-positive, well, since I am waiting for a correction in BTC, maybe we will see downward movement under the trend line again, so here fifty-fifty friends, well, there is an option that the asset will go against the trend, i.e., BTC will fall and SHIB will stand in one place or go up :) Be careful friends;)
Shib inu 2023 closingShib inu expectation for 2023 closing - It's going up, due to the recent activity of Shib inu and the expectation for the coming month I forecast that it's going to be a bumpy ride but a well worth ride none the less, Started the 3rd of August and expected to rise to the 0.00001700 falling back down on 20th of September and declining all the way to October - Shib will have a open window for Highs, best set your sell off for those said points mentioned.
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
CHART ANALYSIS:-Shiba Inu (SHIB) rose by over 5% on Friday, on the news that Binance was adding the asset to its Flexible and VIP Loan services.
SHIB/USD hit an intraday peak of 0.000008677 on the news, a day after trading at a low of 0.000008226.
The move resulted in the meme coin hitting its highest point since Monday when it peaked at 0.00000872.
One of the catalysts for the surge also seemed to be a breakout of the 60.00 level on the 14-day relative strength index (RSI).
the index is tracking at 62.20, which is marginally below a higher ceiling of 63.00
Earlier gains have already eased, with traders likely securing profits in anticipation of a collision with this zone.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Support Holds Amidst Static ResistanceSHIB has maintained its support level and made progress towards higher resistance, specifically in the range of $0.00000870-$0.00000850. However, within this range, the price encountered resistance and paused its upward movement. Despite this, the previously identified support level for Shiba remains intact.
The reason for the current sideways movement in the Shiba trend for the past five days is due to the presence of static resistance and the breaking of the descending channel's ceiling support. It's worth noting that the break of the channel's ceiling support is yet to be confirmed, leaving a possibility for the price to return to the support level around $0.00000750.
If the dynamic support is breached, it could potentially lead to a further decline in the Shiba price, possibly towards the midline range of the descending channel.
Regarding the RSI level being at 57, an RSI (Relative Strength Index) value of 57 indicates that the asset's price is neither overbought nor oversold.
SHIB/USDT Technical Analysis ( 10x Potential or Not ?SHIB/USDT Technical Analysis CRYPTOCAP:SHIB
Chart Analysis:
SHIB is attempting to break the resistance line, but the breakout has not been confirmed yet. 50 EMA has experienced a breakout, but it is still trying to close above the 50 EMA.
Key Levels:
Strong Support: $0.00000770
Resistance: $0.00000900
Potential Upside:
If breaks the $0.00000900 resistance level, we may witness an upward rally.
However, a retracement of 20-40% could be expected before the potential rally.
10x Potential in Next Bull Run:
While SHIB may offer significant gains, it's crucial to exercise caution. Meme coins like SHIB are known for their speculative nature and high volatility. Never go all-in on such coins, especially for long-term holdings.
Risk Warning:
Meme coins are considered "Zero to Hero" coins, characterized by extreme price swings. Always do your own research and diversify your investment portfolio to mitigate risks.
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!
Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Shiba Inu (SHIB) rallied to a two-week high on Friday, after breaking out of a key resistance level.
SHIB/USD surged to a peak of 0.000008217 earlier in today’s session, following Thursday’s low at 0.000007754.
Friday’s move came as shiba inu broke out of a key resistance level at the 0.000008000 mark, hitting its highest point since June 15 in the process.
Another reason for today’s action appears to be the relative strength index (RSI) moving above a ceiling of 55.00.
Currently, price strength is tracking at the 60.09 level, which is marginally below a ceiling of 61.00.
Should the Bulls manage to race past this point, there is a good chance the next target price will be 0.000008500.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Next period of volatility: Around August 6thHello?
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(SHIBUSDT chart)
The key is whether it can be supported in the 0.0000 0781 ~ 0.0000 0872 section and rise to around 0.0000 1279.
Since the 0.0000 1279 point corresponds to the HA-High indicator point on the 1W chart, if it rises above 0.0000 0872, it is likely to rise to the vicinity of the 0.0000 1279 point, the HA-High indicator on the 1W chart.
The next period of volatility is around August 6th.
Since it currently sits near the HA-High indicator on the 1D chart, if it falls below 0.0000 0781, it is likely to touch the HA-Low indicator on the 1D chart.
So, if it falls below 0.0000 0781, it is important to find support around 0.0000 0716.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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$CRPT Looking LONG! ***If*** AMEX:CRPT then we should expect .1!!!! Been a long time for a retrace. Over due.
Range Trend and Potential Breakout SignalsSHIB is currently experiencing a range trend, which means its price is moving within a specific price range. Over the past week, the cryptocurrency's price has become less volatile. Additionally, the short-term upward trend line's support remains intact, which is positive for the coin's price.
However, there are certain levels to watch out for. If the support of the midline of the descending channel is broken, along with the support mentioned earlier, SHIB's price could decrease to a range of $0.000066 to $0.0000068. On the other hand, if the mentioned support levels hold, we might see a positive movement with SHIB aiming for the resistance area around $0.00000853.
Overall, SHIB is currently in a critical zone where the possibility of a significant price movement has increased. A substantial increase in trading volume could confirm whether the price will break out of its current limits. If the resistance around $0.00001 is surpassed, the next target for SHIB's price is considered to be in that range.
Regarding the RSI level of SHIB at the daily timeframe, it is currently at 51. The Relative Strength Index (RSI) is a technical indicator used to measure the momentum of an asset's price. An RSI level of 51 for SHIB suggests a relatively neutral position, indicating neither overbought nor oversold conditions. It signifies that the cryptocurrency is not showing any extreme price movements and is in a stable state.
Been talking about $DOGE for a bitThere's reason why CRYPTOCAP:DOGE has slowly become as big a position as $SHIB.
This isn't including 3x & 10X leverage on #DOGE when it hit recent lows.
Looks pretty strong to me.
Love seeing the RSI pummeling through the 50 area, yellow circle.
Not the best looking but it is still an INVERSE HEAD & SHOULDER, bottom forming of it breaks through, more conviction if heavy volume.
Please see profile for more info on countless CRYPTOCAP:DOGE posts.
#crypto #altcoin