1 EARTH SHOWING SIGNSPlease look at my previous idea posts on 1 EARTH so that you may have a better
understanding of what we are looking at her. Could this be hidden bullish divergence?
Inside of what seems to be a technical bull flag? Right under several major resistances?
If so, 1 Earth might be getting ready for a major move. In the next few weeks we could witness nice pump to the upside.
Shib
1 EARTH SET FOR GREATNESS?So what i have illustrated is an update to my previous analysis on 1 earth. This is somewhat
of a revised analysis using Resistance levels. If you need reference feel free to search
my previous forecast for 1 Earth. Currently 1 Earth seems to be setting up a technical bull
flag pattern within a downtrend channel. With Bitcoin rallying and bringing bulls back,
i can see 1 Earth breaking out of this pennant and exploding to the upside. The technical target of the flag is near 0.00310 NEON green highlighted level. But i personally believe it will not hold, therefore i expect for 1 Earth to Reach the upper purple resistance area at 0.00360.
From there MAJOR resistance levels would be broken, in which case we would like to see them hold in order to forecast continuation. For now we wait and see if 1 Earth decides to go for it by breaking out of the technical flag pattern.
-MR. MARTINEZ
Testing Support Levels, Potential Bounce AheadSHIB, currently priced at 0.00000700, broke the major support at the 0.5 Fibonacci level on the daily chart. It is now retesting this level, and there is a possibility of a further drop towards the 0 Fibonacci level as a major support area before a potential bounce back. The RSI is at 36, indicating a nearing oversold condition. However, it's important to consider other factors and conduct further research before making investment decisions.
SHIBUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for SHIB USDT.1D
We are in the daily time frame. As you can see, the price has become a support after hitting the first support zone. If it can move above our support line, we expect an increase to the first resistance zone. But if it penetrates and stabilizes below our first support line, we expect more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Navigating the Waves: A SHIB AnalysisThe dynamic world of cryptocurrency is full of surprises and SHIBA INU (SHIB) is no exception. Looking at the one-hour time frame chart, the zero Fibonacci level stands at 0.00000700. When shifting our view to the four-hour time frame, Fibonacci level of 1.618 reads 0.00000726, followed by the 2.618 level at 0.00000777. This higher Fibonacci level appears to present a firm resistance point.
With the Bollinger Bands, the upper limit is at 0.00000747, the middle at 0.00000709, and the lower boundary at 0.00000671. The stochastic oscillator and RSI sit at 79 and 76 respectively, suggesting a potentially overbought market. The On Balance Volume (OBV) stands at a staggering 316 trillion, while the Moving Average Convergence Divergence (MACD) clocks in at 0.00000613. At the time of this analysis, SHIBA INU trades at 0.00000742, reflecting a 24-hour price change of approximately 8%.
Looking at these indicators, the short-term outlook for SHIBA INU (SHIB) seems bullish. The market price surpassing the middle Bollinger Band and a robust OBV suggest a strong buying pressure. However, the high RSI warns of an overbought market and a potential pullback.
Even though such conditions often lead to a minor price drop, this is generally a natural part of a bullish trend and doesn't necessarily signal a market downturn. Nevertheless, given the inherent volatility of cryptocurrencies, this interpretation is based on current data and might change with incoming market news, major financial events, or changes in market sentiment.
Crypto trading is as much about risk management as it is about seizing opportunities. The market can remain irrational longer than a trader can stay solvent. Consistent profitability isn't about making the right call on every single trade; instead, it’s about making informed decisions over time. As traders, we must stay vigilant, keep adjusting our strategies according to market behavior, and always trade responsibly.
Bullish MomentumThe SHIBA coin is currently priced at $0.00000745. It has experienced a bullish candle closure, suggesting upward momentum. The presence of two important exponential moving averages (EMAs) adds further insight. The EMA 50, at $0.00000700, and the EMA 100, at $0.00000735, can act as support or resistance levels.
The Relative Strength Index (RSI) is at 75, indicating that SHIBA is in an overbought territory. This suggests that the price may have increased significantly recently, potentially leading to a reversal or a period of consolidation.
The Moving Average Convergence Divergence (MACD) indicator, with a value of 0.00000010, provides a slight bullish signal. The positive value suggests that the shorter-term moving average (12-day EMA) is above the longer-term moving average (26-day EMA), indicating potential upward momentum in the short term.
Considering the Fibonacci retracement levels in the 4-hour timeframe, we have:
0 Fibonacci at $0.00000643
0.5 Fibonacci at $0.00000669
1 Fibonacci at $0.00000694
These levels can act as potential support or resistance areas, indicating possible price reversals or consolidations.
Additionally, in the daily timeframe, we have:
Daily timeframe 0 Fibonacci at $0.0000543
Daily timeframe 0.5 Fibonacci at $0.00000865
These broader Fibonacci levels provide further perspective on potential support and resistance areas based on daily price movements.
Considering yesterday's bullish candle closure, if today's bar also closes without long wicks, it suggests continued bullish momentum. Based on this analysis, there is an expectation that SHIBA will test the resistance level at $0.00000778 by the end of the month.
In summary, SHIBA currently shows signs of bullish momentum. However, it's important to consider other factors, such as market trends, news, and overall market sentiment, to make well-informed investment decisions.
Support Levels:
Immediate Support: The 4-hour timeframe shows the 0 Fibonacci level at $0.00000643. This level may act as an immediate support level if the price retraces downwards.
Stronger Support: The EMA 50 at $0.00000700 could act as a stronger support level. It is a moving average that considers the past 50 periods and is often watched by traders as a significant support level.
Resistance Levels:
Immediate Resistance: The 4-hour timeframe indicates the 0.5 Fibonacci level at $0.00000669, which may act as an immediate resistance level if the price moves upwards.
Stronger Resistance: The EMA 100 at $0.00000735 can be considered a stronger resistance level. It is a moving average that considers the past 100 periods and could present a significant challenge for the price to break through.
Key Resistance Level:
The analysis suggests that if the bullish momentum continues and today's bar closes without long wicks, there is an expectation for SHIBA to test the resistance level at $0.00000778 by the end of the month. This level represents a key resistance point that may require a significant increase in buying pressure to overcome.
It's important to note that support and resistance levels are not set in stone and can shift based on market conditions. Traders and investors should monitor the price action and consider these levels along with other indicators and market factors before making trading decisions.
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here:
Or sold it here:
Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline.
Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities.
My price Target for SHIB is $0.00000500.
Looking forward to read your opinion about it!
SHIB Continues Downward TrendDue to the continued selling pressure in the market, SHIB continued its downward trend within a specific range. This trend persisted even after breaking the bottom of the channel, eventually reaching its lowest historical range at the price of 0.0000055 to 0.0000060 dollars. It is worth noting that this range served as the bottom of a channel range in 2020, where Shiba experienced remarkable growth of over 1000% due to increased demand within that range.
However, the recent price action has brought about significant developments. The level between $0.0000070 and $0.0000078, which was a previously strong support, was broken by a strong bearish candle. As a result, this level has now turned into a resistance. If the price reaches this range, a negative reaction is expected.
Furthermore, there was a notable 20% reaction within the support range mentioned earlier. This indicates that both the power of buyers and sellers were substantial, suggesting the potential formation of a range channel between the considered levels. The RSI level, currently at 19, further supports the negative sentiment surrounding SHIB. An RSI value below 30 indicates oversold conditions, suggesting that SHIB may be undervalued and due for a potential price correction or reversal.
Therefore, while the possibility of a price rebound or shift in sentiment exists, as oversold conditions can sometimes lead to buying interest and subsequent recovery, it is important to note that the overall trend remains negative. There has been no observed change in the trend to an upward mode, and the momentum remains decidedly negative.
SHIB: Falling Wedge BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Bearish breakout from Falling Wedge pattern, price made a new Lower Low, which confirms a downtrend. It’s also broken below $0.000008 support level that held up back in late 2023. However, it is very oversold (RSI < 25) near $0.0000055 support area and could bounce up near term. Notice that price actually reached that level (daily low point) and bounced up. It’s a higher risk swing trade setup since overall trend is down.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
SHIB is about to reach a recent low !SHIB is about to reach a recent low !
This figure shows the weekly candle level chart of SHIB from the beginning of 2022 to the present. The graph overlays the high points and their connections from the past year and a half, as well as the horizontal lines of the bullish starting positions after the end of mid June 2022! As shown in the figure, due to the negative news in recent days, SHIB has retreated to the key support level, which is below the long start level (0.000008030) after the end of mid June 2022! So, once the daily closing of SHIB is below this position for three consecutive trading days, the space below will open, and it is likely to hit a new low in the past year and a half!
Resistance Breakout Challenge and Downward Trend ReturnThe SHIB token has encountered difficulty in surpassing the resistance level in recent weeks, failing to achieve a decisive breakout above the $0.00000890 threshold. Ideally, a confirmation candle should have followed this breakthrough, but instead, a notably bearish candle emerged. Consequently, the overall downward trend of Shiba Inu has persisted, leading it back to the lower boundary of a short-term descending channel within the $0.00000780 range.
Maintaining support within the crucial $0.00000780-$0.00000700 range is of utmost significance for Shiba Inu, as successfully doing so could facilitate a robust recovery for the cryptocurrency. Presently, the price remains approximately 12% above the lowest point of this support range. However, a breach of this support level, as previously mentioned, would indicate an extended period of decline for Shiba Inu.
Should Shiba Inu demonstrate positive responses at its current support level, there is potential for growth following the establishment of a range-bound trend.
Shiba Inu SHIB and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
SHIB/USDT
Entry Range: $0.00000800 - 0.00000910
Price Target 1: $0.00000990
Price Target 2: $0.00001100
Price Target 3: $0.00001260
Stop Loss: $0.00000700
🔥 PEPE vs SHIBA: Entering Accumulation ZoneA few weeks ago I made an analysis on PEPE vs SHIBA where I discussed how PEPE and SHIBA are alike and potentially following the same kind of price action.
Now that we're a couple of weeks further, it's time to see how PEPE is performing against the historical price action of SHIBA.
As seen on the chart, we're following a very similar pattern (1-2-3). Initial pump after Binance listing, huge sell-off (1), 100% recovery (2), continued selling followed by a small recovery (3).
In my eyes, PEPE is currently in an accumulation phase, just like SHIBA did in 2021. Not sure yet how long this accumulation takes and how low we potentially can go, but I'm fairly certain that PEPE will pump again at some point in the future.
If we follow SHIBA very closely, expect PEPE to sell-off towards the ~90 area in the near future. If we find strong support there we might pump 50%, just like SHIBA did back then.
A speculative bet, but nevertheless a very profitable one if it plays out.
SHIBUSD: Showing Bullish Divergence at the PCZ of a Bullish BatSHIBA INU is Diverging Bullishly at the PCZ of a Bullish Bat after it's spent a few days trading just below it; I think it could make a run for the trend line from here and if it breaks the downtrend line then it can go for the homerun target of $0.015788
🔥 SHIBA High Risk / Reward Reversal: Oversold BounceSHIBA is trading inside a sideways wedge pattern. This pattern has been playing out for nearly a year now, so the expectation is that the support will cause some kind of bounce.
A less risky approach would be to take profits around 1000 instead of 1300.
To add to this analysis, the 3-day RSI is approaching oversold levels very rapidly. An oversold 3-day RSI can often cause a major long-term bottom to be set.
✴️ Shiba Inu Higher Low In ProcessAfter a very strong bullish breakout in early 2023, from January through early February, Shiba Inu is now in the process of producing a higher low.
The correction has been going for more than 3 months (107 days) and we are seeing bullish action today.
There is a hidden bullish divergence with the RSI and this is all happening after a classic ABC EW correction.
These signals are pointing to a potential reversal.
More details on the chart.
Namaste.
🔥TAKE A NICE LOCAL TRADE ON BITCOIN: $31-33K AREA IS A TARGET🔥Hi, friends! Bitcoin is in consolidation for more than 2 months. The price reached the first imbalance and we got the reaction, but I think the price can go lower to accumulate more power before the growth. The whales need more liquidity.
📊 TRADING PLAN FOR BTC:
🔥 pullback to the local low
🔥 volume growth
🔥 bullish BTC
🚩 We need to be careful close to the local lows at $25,800 because the price can update the lows. We need to check DOM and Footrpint to see where will be the support and price reversal.
✅ THE MAIN LONG TARGETS FOR BTC:
1. $31,000 - we need to watch carefully to this area because it's a local high where a lot of buyers will close their longs
2. $32,000 - the most possible targets
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Pepe Overtake Shiba Inu or going to zero - The Meme War SagaPepe minting millionaires in its first month. Has ZERO utility and is a playground for whales to pump and dump their friends. However the steam may not have ended and this is the moment of truth for our friend Pepe. If we can create a higher low here, I think there’s reason to believe Pepe could head to 0.000006. However with the massive downfall there will be tons of selling along the way, so can Pepe fight it’s way through or will we see an early death?
Only play with what your willing to loose. Best of luck to my fellow degens.
🔥RIPPLE vs SEC: 2 POSSIBLE SCENARIOS FOR XRP WITH TARGETS🔥Hi, friends! Ripple is one of the few cryptocurrencies that truly holds value and has its own product. The ECB is launching its own digital currency (CBDC), in which Ripple has played a significant role.
🚩There has been a lot of news regarding this company's involvement in developing country currency analogs using blockchain solutions XRP.
📊What could influence the price of Ripple? In May, the Ripple case is expected to conclude. I see two scenarios:
✅1. Negative: the company is found guilty of selling unregistered securities. In this case, the price may fall to the nearest major support zone, specifically $0.37-0.41.
✅2. Positive: the company is acquitted, and the XRP token is deemed a commodity. The price skyrockets, with all growth targets outlined below.
✅ THE MAIN LONG TARGETS FOR XRP:
1. $0.66 - the key level, local high
2. $0.8 - the key level
3. $ 1 - the even number and huge resistance for the price
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥DOT IS AT STRONG SUPPORT: 2 TARGETS AFTER THE KEY LEVEL TEST🔥Hi, friends! DOT reach the strong support level and already make a false breakout which shows the price strength.
📊 TRADING PLAN FOR DOT:
1. the false breakout of the key level(already happened)
2. volume growth at the bottom
3. bullish BTC is a must-have for altcoins growth
✅ THE MAIN TARGETS FOR DOT:
🔥 $6.2-6.4 - the value area and strong resistance
🔥 $7 - the key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.