Get started

Shib

SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction: The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so. The Coinbase Transfer and Its Impact: In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer. The Concerned Tone: As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations. Call-to-Action: Taking Profit from SHIB Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential. If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy. Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns. Conclusion: The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
Short
by bryandowningqln
1
🔥 SHIBA Bearish Channel: Bear Market Bet!SHIBA has a very decent over the last month or so. It's likely that we get some kind of reversal in the near future. I'm going to increase our bearish chances by waiting patiently for SHIBA to reach the top resistance of the channel. Yes, this trade playing out would require a continuation of the bear market for the next few months. This could also be considered as a hedging trade. Stop just above 1400, target at 500, results in a very decent R/R of 7.92
Short
by FieryTrading
13
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Price could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, which it broke, then $0.00001200.
Long
by altFINS
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀 Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈 Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments. You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token! I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable! Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊 Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms. Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions. Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
Long
by bryandowningqln
2
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
Ride the SHIB Trend and Potentially Move Up with DogeAs an enthusiastic trader, you're probably aware of Dogecoin's incredible journey from being a mere internet joke to becoming one of the most popular cryptocurrencies. Its rise to fame has been extraordinary, capturing the attention of seasoned investors and newcomers alike. With SHIB making waves in the market, it's time to explore the potential connection between these two meme coins. While it's essential to approach meme coins cautiously, recent market trends suggest that SHIB might be riding on Doge's coattails. As Doge continues to gain mainstream acceptance and establish itself as a household name, it's not surprising to see other meme coins like SHIB piggybacking on its success. This positive correlation could lead to a significant upward movement for SHIB, making it an intriguing investment opportunity. So, why should you consider following the SHIB trend? Well, the answer lies in the potential rewards of early adoption. Like Doge, SHIB has garnered a loyal and passionate community, which has proven to be a driving force behind the success of meme coins. As more people jump on the SHIB bandwagon, the demand for this coin could skyrocket, potentially leading to substantial gains for early investors. I'm not suggesting putting all your eggs in one basket or abandoning your existing investment strategy. However, keeping a close eye on the evolving relationship between Doge and SHIB could provide you with an exciting opportunity to diversify your portfolio and potentially capitalize on the meme coin phenomenon. So, what's the next step? I encourage you to research, analyze market trends, and assess the potential risks associated with meme coins. If you find the correlation between Doge and SHIB intriguing, it might be worth considering a calculated investment in SHIB to ride the wave alongside Doge. Remember, the crypto market is highly volatile, and it's crucial to stay informed and make informed decisions. But with the right strategy and a sprinkle of excitement, you might find yourself riding the SHIB trend to potential gains.
Long
by bryandowningqln
2
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day. Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session. This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday. As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00. the index is tracking at 65.67, with Shiba Inu also falling from its previous high. SHIB/USD is now trading at 0.000009749. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
There is two possible scenarios for Shiba InuScenario NO.1: In this scenario, Bitcoin and cryptocurrencies work well in the same way, and Shiba Inu continues its positive activity under the skin and breaks the resistance of 0.00001055 and goes to the next resistance. Scenario NO.2: Bitcoin and cryptocurrencies will reverse their positive advance and Shiba Inu crypto sellers will increase in proportion and then close to the 0.00000832 support. As you can see, the Sar and MACD indicators are showing a weak upward trend at the moment, so the price will probably rise to the range of 0.00001055.
Long
by Saleh_Toodarvari
6
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected. It is now likely to pull back to retest the breakout level of $0.000008. That could be an attractive swing entry again. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
Trading Lesson 👨‍💻#1 - Never buy At the peak high.Not worth it I tell you. Never buy at the peak high. Always buy at the peak low. When ever you see a peak in the day of trading and you had a major rise in price due to things such as rallies or market seasonal up trends, or 🐳 it's moving up and you don't want to miss it. However; you buy in on the rush up-word believing it's safe to assume things will be greater tomorrow, so you wait to see this awesome rally to the top to make it rich. The day closes and the reopens, with a rise and then sudden fall in the crypto market - all that hype only to be disappointed when you notice somethings off; your funds are 💸floating away in mere moments. So naturally you panic believing that you are in a complete crash - and assume it's the fault of the stock you purchased, but more over it was the fault of the bad call - with bad timing, so you panic sell thinking it will only get worse, and in some cases it does get worse but in others cases that sell you just made would be a mistake in judgement as the price goes back up from where you sold leaving you behind with the lost funds to ponder over. This is what I call "fools gold" Never buy at the peak on after a closing day. reason being you may on the next day after a rally up-word, you notice the price move up higher for like a moment prompting you to buy, thinking that the rally is still going, however; not realizing that was the last call before the fall. So the best thing to do in these type of situations is to: _______________________ Don't Buy In Safer to study your target market before you buy and wait for the closing day, so that it can either adjust the price to where it really is vs where it currently is. if it drops wait till the closing day again until you feel you have the best price to turn a profit. Note - pay attention for market trends it could be going up which is good or falling down which is still good for you because you didn't lose any money, so best to study before you buy on a hype. _______________________ Hold Wait until the next closing day to see where it might lead - this will keep your shares you already purchased and if you need to add more funds to regain what you lost when the price is lower than expected, it will likely turn what was a lost to a gain when the price returns to where you originally purchased. _______________________ Sell The worse thing you can do is Sell unless you can catch the drop in price before it takes too much profit to recover from, you will likely try again losing more money and again, and again, and again - creating what is known as panic buying and selling, if you had deep pockets it might cause the market to completely drop based off the factor of you panic selling, no need to do so you have a day to find out where the market for your crypto is headed before you sell, so best to work fast or lose more funds wasting time. Focus and don't risk what you are not willing to lose, and for your own sake if you are a panic seller, never day trade, you'll lose more money that way. _______________________ Best Tools to use Notice the market trends on the charts before you buy, was it going up throughout a one month process if so then it's a likelihood it's in a seasonal high, it's sometimes hard to tell if it's moving up or down just by looking at charts, so you will definitely need proper indicators to help identify your next move. Indicators like: Volume to price or trend activity Not chart savvy, then find a predictor of your current crypto you purchased. Look for people on places like trading view who have the tools and or knowledge to tell you the trading trends - note not all of them are accurate - not even some websites that offer predictions for your favorite stock or crypto are accurate either, they are usually 40% accurate 60% inaccurate and 99% bias. That's just my opinion - however; they can not predict Rallies - Whaling activity - or - the entire stock market fallout/rise - anything can happen so be prepared it can take months if not years to recover or it could take a few weeks if you know what the future may bring. But remember: Don't try to buy in at the tip of a peak. It's guaranteed to drop instantly the next trading day. Hope this helps. Happy trading. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:ETH BINANCE:ETHUSDT CRYPTOCAP:SHIB BINANCE:SHIBUSDT COINBASE:SHIBUSD #CRYPTO #ALTCOIN #EVERYCOIN #RALLIES-WE-LOVE-THEM #HELP-WITH-A-RALLY #NEED-WHALE-SUPPORT #STOP-THE-DIP
COINBASE:SHIBUSDEducation
by Grandmaster_Oz
Shib Prediction for August 2023This is a weekly chart of the possible path shib may take leading to the end of August 2023 after the recent rally. This is to help those that are wondering where it may go even on times of downturns so there won't be any worry or need to panic sell when it drops in price, note this is not 100% and can change depending on the situation. As Shib long as it has support it has a chance to go higher than what you see here. If we can gain a rally then we can gain higher returns. CRYPTOCAP:SHIB COINBASE:SHIBUSD BINANCE:SHIBUSDT
COINBASE:SHIBUSD
by Grandmaster_Oz
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. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
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
Long
by MyCryptoParadise_Simon
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. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . 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 :)
Long
by ArashBanakar
3
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;)
Long
by DanilBlinkov