Shiba Inu breaking upward from channel; over halfway to targetSheba is blasting off so quick by the time I got around to posting a chart about it t’s already 3/4ths of the way to the breakout target. *not financial advice*
Shib
SHIB/USDT: Bullish Inverse Head and Shoulders Pattern Breakouthello guys.
Pattern Formation: The inverse head and shoulders pattern, with a well-defined neckline, indicates a bullish reversal signal.
Breakout Confirmation: Price has broken above the neckline, a key resistance level, which suggests a continuation toward higher targets.
Price Targets: If the bullish momentum holds, the next major resistance is around $0.00003700, with the potential to reach $0.00005700.
Risk: Failure to maintain above the neckline could result in a pullback, potentially re-testing lower levels before any further bullish movement.
Shiba Inu (SHIB)Shiba needs no introduction, a so-called quick-become millionaire meme coin that many still believe in. Anyway, SHIB has been oscillating in a sideway channel. Currently, price is at the bottom of this channel and posed to break the minor downtrend line. Let's see what happens.
SHIB Looks BullishShiba appears to be entering a bullish wave C.
By maintaining the green range that overlaps with the KEY level, it can go to the ATH.
You should not have an emotional entry, you must have a set position to enter.
Shiba's market cap is 13B, which is a bit heavy, and you shouldn't expect big profits from this coin.
The target is above ATH
Closing a daily candle below the invalidation level will violate this analysis
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 USDT DAILY According to the range specified in the specified box, good targets can be predicted for the short term. The targets are specified
SasanSeifi| Can We Expect a Rebound Above Key Resistance Levels?Hey there, ✌ BINANCE:SHIBUSDT On the 4-day long-term time frame, after breaking a strong support at the 0.000018 cent level, the price experienced a significant drop, reaching the 0.000010 cent range. Currently, the price is trading in a range around 0.000014 cents, and it’s important to note that it remains below the 200-day Exponential Moving Average (EMA). As long as the price is trading below the 200 EMA and the key supply zone between 0.000016 and 0.000017 cents, the overall outlook stays bearish.
At the moment, the price is moving toward the key supply zone. If the price gets rejected and momentum weakens at this level, and we receive a sell confirmation (SELL) on lower time frames, the likelihood of a downward move toward targets like 0.00000945 cents increases.
On the other hand, if the price manages to break and hold above the key level and the 200 EMA, further price growth towards targets of 0.000020, 0.000023, and 0.000025 cents is possible.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?
Shiba Inu (SHIB), the popular meme coin, maintained its steady price trajectory on Wednesday as the broader cryptocurrency market experienced a rebound. While most meme coins, including Dogecoin (DOGE), bounced back from recent declines, SHIB held its ground, hinting at a potential bullish trend.
Golden Cross on the Horizon
One of the most intriguing developments for SHIB investors is the looming golden cross pattern. This technical analysis indicator occurs when a short-term moving average (MA) crosses above a long-term MA, signaling a potential bullish trend reversal. In the case of SHIB, the 50-day MA is approaching a crossover with the 200-day MA, which could ignite a significant price surge.
Why SHIB Might Soar Higher
Several factors could contribute to a potential rally in SHIB's price:
1. Increased Burn Rate: A recent surge in the SHIB burn rate, which involves permanently removing tokens from circulation, has boosted investor sentiment. As the supply of SHIB decreases, its potential value could increase.
2. Community-Driven Initiatives: The strong and active Shiba Inu community continues to drive innovation and support the project. Community-led initiatives, such as SHIB: The Metaverse, can attract new investors and fuel price growth.
3. Market-Wide Bullish Sentiment: A broader cryptocurrency market rally, fueled by positive news and regulatory developments, could benefit SHIB and other meme coins.
4.
Analyst Predictions and Potential Upside
Cryptocurrency analysts are increasingly bullish on SHIB's future. Some experts predict a 10-fold surge to its yearly peak, while others anticipate a massive bullish wave following recent price gains. These optimistic forecasts highlight the potential upside for SHIB investors.
Cautious Optimism
While the technical indicators and analyst predictions are promising, it's essential to approach investing in SHIB with caution. The cryptocurrency market is highly volatile, and meme coins are particularly susceptible to sudden price swings. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
Conclusion
Shiba Inu's steady price action amidst a broader market recovery and the impending golden cross pattern suggest a potential bullish future. Increased burn rates, community-driven initiatives, and a positive market sentiment could further propel SHIB's price. However, investors should exercise prudence and diversify their portfolios to mitigate risks.
SHIB/USDT: BREAKOUT ALERT! LONG TRADE SETUP!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
SHIB is looking strong! It’s broken out of the symmetrical triangle on the 4-hour time frame, with a successful retest. Consider a long at the current price, adding more on dips.
Entry range: Current Price (CMP) and up to $0.0183
Targets: $0.0209 / $0.0224 / $0.0245 / $0.0262
Stop Loss: $0.0174
Leverage: Low leverage (Max 5x)
What’s your take on SHIB’s price action? I’m seeing a solid bullish setup here! Share your insights and analysis in the comments below!
#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin.
In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets.
After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999.
Also invite you to benefit from my Bitcoin setup and analysis...
Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link :
According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌
In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉
$MATH at the crossroadsNASDAQ:MATH doesn't always respect trends and has even broke through them before without much fanfare. It has been idle for awhile now and converging on decision time. If it breaks down, I do not expect it to go lower than my green buy box. However, if it breaks up, I do think it will hit some nice take-profits. Dream scenario is the end of my zig-zag line. Lol.
SHIB, Preppin for BIG MOVES, and that's an understatement!SHIB is starting to register massive net buy volume this week -- and we're only half way of the week. Based on metrics, the coin is starting to shift trend on longer time spectrum with surging net positions in play.
SHIB is currently sitting at 1.0 FIB LEVEL. This is beyond bargain/discount factoring in longer timeframe -- which makes the current level more appealing price entry-wise.
It is currently hovering at a 2-year longstanding strong major support of 0.0000070-0.0000080 level. This should be a firm base for the incoming series of ascend.
Histogram gap jump height is unusual -- conveying anticipation of a significant upside price valuation.
Bubble up volume (bottom indicator) re-appeared after almost 3 months, first one since April 2023. Price movements are thinning out -- ripe for break.
Spotted at 0.0000080
TAYOR.
Safeguard capital always.
Shiba Inu on the Brink: Major Breakout or Collapse Incoming? SHIB at a Crossroads: Will It Fly or Fall?
Shiba Inu is sitting at a key support level around 0.00001704, and the next move could set the tone for what’s coming. If buyers step in and push the price past the resistance zone around 0.00001899, we could see a rally toward 0.000020568 and even 0.000024525.
However, if the current support fails, sellers could gain momentum and drive the price down to the 0.000008667 zone. Right now, SHIB is moving within a narrow range, and the next few days will be critical.
Watch for strong volume to confirm a breakout or breakdown—either way, a big move is on the horizon.
If you found this analysis useful, don’t forget to like, comment, and follow for more updates and insights.
Mindbloome Trading/ Kris
Trade What You See
SHIBA - Bearish Signal | Weekly TimeframeShiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe.
This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH:
We've seen something similar previously, leading to a near -60%drop. Although I really doubt we'll see that kind of pullback (considering it was in the heart of the bearish cycle) I do think a -10% to -15% is possible:
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BINANCE:SHIBUSDT
Shiba Inu Burn Rate Explodes by 6750%- $SHIB to $0.01 Realistic?The Shiba Inu Burn Rate recently rocked by a staggering 6750%. With nearly 27.1 million coins taken out of circulation in a single day, this development has reignited bullish sentiments and heightened expectations among investors hoping to see the token soar to its long-anticipated $0.01 price target.
Burn Rate Surge and Ecosystem Growth
The Shiba Inu burn rate has long been a key factor in market optimism for the token's future. The recent uptick marks another significant milestone, with the supply steadily decreasing. According to Shibburn data, the total circulating supply now stands at 589.26 trillion coins. This burn activity exemplifies the fundamental economic principle of supply and demand, where a shrinking supply combined with sustained demand can create upward price pressure.
Shiba Inu’s ecosystem is also growing in prominence. Its Layer 2 solution, Shibarium, continues to see rising activity. Shibarium has sparked enthusiasm, as its growth signals the potential for further adoption and utility within the network. Such developments draw parallels to the meteoric price rally witnessed during Shiba Inu’s historic bull run in 2021.
However, despite this burn surge, Shiba Inu's price dipped by 2.5% to $0.00001806 at the time of writing. The broader market correction has tempered short-term optimism, but long-term prospects remain intact thanks to the ongoing token burns and ecosystem expansions. Prominent figures within the SHIB community, such as marketing lead LUCIE, continue to advocate for the $0.01 target, although they acknowledge that patience will be required for the coin to reach that level.
Technical Analysis
From a technical perspective, Shiba Inu ( CRYPTOCAP:SHIB ) is trading within a weak channel, struggling to maintain momentum. The Relative Strength Index (RSI) currently sits at 38, signaling that the asset is in oversold territory. This could indicate that a potential reversal is on the horizon, especially as the token attempts to break through key resistance levels.
The chart shows that CRYPTOCAP:SHIB recently broke down from a rising wedge pattern, which is traditionally seen as a bearish signal. The falling wedge pattern suggests that a period of consolidation might be imminent before a strong upward movement. The next significant resistance is at the $0.00002 pivot point, which could act as a springboard toward $0.00002174 — the token’s one-month high.
A move toward the $0.000021 mark would likely attract a new wave of buyers, potentially triggering a fresh rally. For the bulls to regain control, though, significant token burns will be essential to reduce supply and increase scarcity. The 50, 100, and 200 Moving Averages also present a mixed outlook, indicating further consolidation might occur before a definitive trend emerges.
Shiba Inu's Historical Significance and Outlook
The Shiba Inu token ( CRYPTOCAP:SHIB ) holds a unique place in cryptocurrency history as the first "mascot" coin to be involved in such a large-scale charitable act. Vitalik Buterin, the co-founder of Ethereum, made headlines in 2021 when he donated a massive amount of CRYPTOCAP:SHIB to the India COVID Relief Fund, a move that remains one of the largest crypto donations ever. This philanthropic association with CRYPTOCAP:SHIB has elevated its status in the eyes of the crypto community.
Looking ahead, CRYPTOCAP:SHIB ’s path to the $0.01 price target will largely depend on several factors: the continued burn rate, ecosystem development, and broader market trends. While it remains a long road, the strong community backing and recent technical signals suggest that Shiba Inu ( CRYPTOCAP:SHIB ) could once again surprise investors with a sharp upward trajectory, provided the burn rate continues at its current pace.
In conclusion, Shiba Inu’s recent burn rate explosion is a bullish signal for its long-term prospects. Although the token faces immediate challenges due to technical resistance and market corrections, the fundamental outlook remains optimistic. Investors should closely monitor key levels such as $0.000021 and $0.00002 for signs of a potential breakout. As always in the volatile crypto space, patience and a careful eye on both fundamentals and technical indicators will be crucial to navigating the journey toward $0.01.
SHIB Shiba Inu Potential breakoutIf you haven`t bought SHIB before the previous rally:
nor sold the top:
Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal.
Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds.
The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500.
This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
ShibaInu SHIB price at critical zoneJust look who decided to wake up - it's our sweet #ShibaInu
CRYPTOCAP:SHIB price is near the upper boundary of the falling channel, it can break through to $0.000020-0.000021
But a safe medium-term purchase, after the OKX:SHIBUSDT price breaks out and fixes outside the channel and closer to $0.000015
This is depicted schematically with a blue zigzag)
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Alikze »» Dogs | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the 4H time frame.
- Due to the fact that there is a demand in the middle of the channel, this movement can continue up to the ceiling of the channel.
- At the top of the channel, if there is a correction and a soft landing up to the green box range, it will have the ability to grow up to the specified areas by creating demand again.
💎 Alternative scenario: in case it faces selling pressure after hitting the ceiling of the channel and this selling pressure continues sharply, it will lead to the failure of the middle range of the channel and the green box will not be able to hold the price and it can The broken move towards the downward targets and the bottom of the channel until the range of the second green box.
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BINANCE:DOGSUSDT
Should we buy #Shib or wait?The specified area is very important and vital for #Shiba, if this area is not broken, the price will have a sharp fall, if this level is broken, it can also bring a strong price growth. If you haven't bought Shiba yet, wait for it to cross the trendline and resistance level. If you already have Shiba, you can cross this zone with the risk of freeing.
Overall, this area is very important, and I think the price has been deliberately kept in these areas so that if the Bitcoin situation remains positive, Shiba will also break this level and prepare to conquer higher prices.
#shib
Doge - 4H correction phaseBINANCE:DOGEUSDT Doge has completed a 40% rally in just a few days, grabbing liquidity above a key high. Now, we can expect a pullback from this resistance zone. Keep an eye on price action for potential corrections.
Ascending triangle on SHIB last week can give 21% next daysSHIB if forming a ascending triangle since start of October;
From breakout at least 11% gains according to Fibonacci levels, but according to triangle target, can reach 21% (purple arrow shows triangle target)!
SHIBA INU SHIB possible BREAKOUT SOONChart Request on today's show
#shib with a Plan A / Plan B
best price would be to scaling into the trade
... add to entry in the Buy Zone ...
safer entry would be the
break of newly created resistance
(in the Buy Zone)
Market Cap 10.66B
MEME
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
SHIBUSDT Breakout on SupportHere we have identified a breakout on support which can be expected to drop down further with the ongoing bearish sentiment. Look over the price action below the highlighted support for a possible short entry.
DOGECOIN MAJOR BUY ZONE INCOMING AND POTENTIALLY LOWER?Here's the important numbers for doge at the moment.
You can adjust them a bit for your needs.
There is some really short term indicators that, when reset, put everything in alignment to see a lot of bullish movement coming into DOGE.
Again, because the market is the market it can easily break through this strong trend it's about to hit.
Good news is it falls to support at .0888
Even better news, should it fall more, there is support at an even lower level, likely.
I'd be looking to see if I can get my position set soon.
I think there is a bullish future for this good dog.
Watch SHIB for a bigger move to the upside, with a drop that would be to basically zero.
Doge has the support to take it up to .29 and maybe even .45, and as quick as dogecoin can confirm a jump like that, you'll see it at probably $10.
I've been consistently super bullish on this coin, and currently, I'm liking the look of the chart.
