shib → another downward movementhello guys...
as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down!
now I believe this coin wanna start another downward movement until the 0.61 fibo level at least!
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Shib
🔥MAV and APT: SAME PATTERN, SAME PROFIT❓Both altcoins fell by -60-70% after the Binance listing and reached the accumulation area.
💥 what's next? I think you understand.
Such fresh altcoins as Aptos, Render etc. are growing very easy and we make a profit on it, but every altcoin(!) depend on Bitcoin. Let's see what's daddy have for us during the upcoming days.
🔥SUI VS APT: This Pattern Works On ALL Fresh🔋 AltcoinsSui Network is the new altcoin on Binance which has an unlimited potential.
Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level.
The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a bull market.
💥$300M cap can easily turn into $1B or eve more how it was with Aptos.
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Check the links and get a BONUS🎁 from me👇
SHIB/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba’s downtrend has not stopped, and the price continued to make lower highs. For this reason, the price registered a 5.5% loss this week, making this meme coin the worst performer on our list.
The current support is found at $0.0000075, and so far, it held the assault from bears. Nevertheless, sellers could return to take the price lower if the bearish sentiment continues.
SHIB has lost all its gains made in August and could even visit new lows this month.
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
Potential for Further Decline Amidst Bearish SentimentSHIB experienced a notable price decline over the past week, reaching the lower boundary of its established price channel at $0.00000750. The current scenario hinges on a potential favorable response to this level, marked by a break in the prevailing downtrend line. Such a development could signify a positive indication for price appreciation, with the possibility of a rise towards the upper boundary of the channel.
In the context of the 4-hour time frame, there is an almost balanced distribution between bearish and bullish candle formations. However, the relatively small bodies of the bullish candles indicate the limited strength of buyer interest. This sentiment is further underscored by the fact that, when observed on the daily time frame, all candles from the preceding week display bearish characteristics.
Consequently, the breach of the upward dynamic support line has introduced the potential for a retracement to the aforementioned range. This retracement, if realized, might lead to a continuation of the ongoing downward trajectory in SHIB's price. A possible outcome of this scenario could involve a further decrease in the value of Shiba Inu's cryptocurrency, potentially approaching the support zone around $0.00000600.
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115 and looked like it entered a new Uptrend. However, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.0000080, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
SHIB: Approaching SupportShiba 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. Now, price is retesting that breakout level. Pullback to $0.000008 could be an attractive swing entry, with upside potential back to $0.000010.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish but inflecting . MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
SHIB ANALYSIS (1D TF)Shiba seems to have created a diametric that is now finishing the F branch.
Branch G can be dwarfed and end up in the red box.
I included the targets.
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
shiba→ 50% dumphello guys...
I am still on my word this coin wants to go down!
so bearish!!! right? Or just only my opinion!
this coin formed a symmetrical triangle pattern and broke the bottom line!
for this situation, the first target is the yellow area!
this means at least a 50% drop!!!
entry: 0.0000088
target: 0.0000045
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SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing.
💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave.
💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level.
💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support.
💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run.
💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
SHIBUSDTThis is a 1D frame analysis for SHIBUSDT After hitting the resistance line, the price was unable to establish itself above it and with the high selling pressure, bears were able to push the price down. However, currently the price can establish itself on the first support line and after a bit of rest can move back towards the resistance line. But if it fails to establish itself above it, the second support line can support the price. Suggestion: Those who intend to buy can place orders on our support areas and must not forget to set a stop loss.
‼️Rebound soon! Bitcoin is approaching a key level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Again we get a powerful FUD and again the market reacts with a strong fall, there is nothing unusual, we work further friends
Attempt #2! I try again to take a long, but more positionally. I act in the usual way for myself, I will arrange a grid of orders for additional draw. 30% of the deposit with 5X leverage.
Technical: bitcoin is slowly approaching the key support range of $25,200-24,800, the last strong buyout after a similar spill was from there. (I'm not saying that the situation will repeat itself again, I'm just guessing). Stop set a little further than the local LOW.
Deal plan:
▪️Entry - 25,850/25,333/24,955$
▪️Stop - $23,950
▪️Take - I will update.
Guys, a huge request do not climb on the rampage, observe the risks and with a small profit, try to move the stop to no loss, they can bang again in the direction of the loy, so be careful!
SHIBUSDTBINANCE:SHIBUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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$CRPT lower low then up!Most LIKELY we need to make a new lower low. Then we should reverse to at least top of the channel. Lower low would be right about the bottom trendline and hit the fib as well.
Shib survived to see $0.00008000 or more🤑 Last chance to buyOut of all my other predictions I failed to check one minor detail due to reasons of low likelihood of happening. But after closing today on 8/15/ 2023 I am fully convinced we may see the 4000 mark maybe more the rest of this year.
Sometime in the closing days of August Shib will see a massive jump to anywhere above the 0.00002000 range. It's likely both the timing and the buildup of shibs recent announcements. The amount of resistance Shib has been receiving maybe a sign once that red line reaches that green who to say it won't skyrocket.
It's ready for take off by september 1st and it may not be back to earth until Jan 1st 2024 so don't get left behind shib fans
SHIB Giving Powerful Alert on Macro ! Like many other asset prices in crypto Shib has been forming a baseline for a while
This is a powerful structure that can create fierce movement either way. Look to bitcoin in 2018. Bitcoin did fall there then by roughly 50%. Value cut in half. This is potentially in play for many assets forming a baseline.
If the trend stays green then the move out of this can be up with strength
A move out of the base structure can be very volatile.We are looking in terms of this recent alert for price to stay above trendline less we need to exit position from fear of trend turning against us.. quickly.
When moves fail they can fail fast
Becareful in holding positions that are going against you when in such a base. These base breakouts or breakdowns can be very rapid. For certain strategies we want to ride the trend.
There are other strategies
We try build tools that suit for different strategies in different situations check out the links provided
See you soon
GeorgeOnTV
SHIBUSDTBe prepared for the final and upward wave of BINANCE:SHIBUSDT . Entry and exit points have been identified on the chart.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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Let Us Learn and Earn with them SHIB token BurnsI've been thinking and wanted to jot it down, on how things can end up with SHIB. I have a little story before we get into it, about how SHIB moves could be similar to how I saw the rise in DOGE. In 2018 I purchased around a couple thousand coins of DOGE at around 0.002. I eventually sold out my coins, made a little bit, and didn't think too much of it. Fast forward to 2021, there was a ton of PR around DOGE. News outlets were covering it. Influencers and Celebrities were all over it, pumping the coin up. Even billionaires were buying into it. What got me about it was that people that are not even in the crypto space or do anything with the markets, were talking about it. I had one person tell me how he had a large position in the coin and he was not going to sell. But another person that I knew, he had done no trading what so ever, said he was in DOGE trading it. At that point I knew that it was close to DOGE having a significant drop. Additionally, with SHIB having an extraordinary rise, random people started coming up to me asking if I had any SHIB positions.
This could possibly happen with SHIB again. There is a consistent amount of PR, but until it hits the mainstream like DOGE or how BTC and ETH did in 2017, there might be some movement but not as much as when the hype is there. Fundamentals can move the markets but not as much as people's feelings. At currently lvls, market cap is around 6.073 million, if SHIBarium does burn 5 trillion coins per month and pushes the total amount to 289 trillion total coins in the market (in 5 years), that would make price 0.000021.
It'll take another wave to push price higher or further burns (if SHIB total supply drops below hundreds of trillions to single digit trillions) to drop a few more zeros. Price could hit the $0.01 lvl or even the $1 as people have been talking about, but again, it would take burns along with more people pushing into the coin. With a lot of negative things going on surround promoting alt coins, there might be less influencers, celebrities, billionaires, sports players, and so on, wanting to put their name out there.
There is a lot of work going into developing SHIB. Most notably SHIBarium. SHIB started off on Uniswap with very little value. The coin started gaining traction and is trading on exchanges such as Kucoin, Webull, Binance, Robinhood, Coinbase. I think SHIB has a future and as long as there is constantly moves forwards, ensures the utility of the token, the SHIBArmy strengthens and keeps growing strong, and a steady stream of PR, this coin will hit $0.01 in 2030.
These are my own thoughts. Do your own due diligence when deciding to trade. Trading carries a lot of risk where you could lose more then you put in. This is for educational purposes and not investment or financial advise. I do have positions in SHIB.
Y'all have some good trading out there.