SHIB looks bullish (1D)SHIB seems to be bullish. From where we put the red arrow on the chart, it looks like a triangle is formed, and we are now in wave E of this triangle.
By hitting the green range, we expect another pump from SHIB.
The targets are marked on the picture.
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
Shib
#SHIB/USDT#SHIB
The price is moving in a bearish channel on a 4-hour frame and is adhering to it to a large extent
The price rebounded well from the green support area at the support level 0.000022000, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00002350
The first goal is 00.00002570
The second goal is 0.00002700
The third goal is 0.00002900
SHIBUSDT Price Breaks Flag Pattern!SHIBUSDT has broken out of a bullish flag pattern on the 1H chart and is trading above the 100 and 200 EMAs. The price surged by 60% after breaking through the resistance zone and has been forming a bullish flag pattern over the last 5 days. Today, the price broke through the flag's resistance, and after a minor pullback, a significant bullish move is expected.
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing.
They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis.
Which one are you rooting for this altseason?
Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason:
_________________________
BINANCE:DOGEUSDT BINANCE:SHIBUSDT
WIF daily 100% gains buy/hold V-shape recovery setup for bulls🔸Hello guys, today let's review daily price chart for WIF . Noteworthy V-shape recovery in progress, with a decent sequence of higher lows, so overall chart looks good for further gains. limited downside currently.
🔸Strong gains previously in September/Octber, right now re-accumulation
in progress so expecting more gains in this market in November 2024.
🔸Recommended strategy bulls: bullish structure and compression in progress. Accumulate near market price in the highlighted zone. Price target for the bulls is 4.50 USD, so it's a 100% BUY/HOLD trade setup. good luck traders.
🎁Please hit the like button and
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
SHIB Swing Long Idea -SHIBA Memecoin TrendSHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow.
Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024.
I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone.
SL: 0.0152
TP: 0.0456 (Spring 2024 high)
Don't let a few red Candles shake you out of you #CRYPTOpositions.
You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM
Red candles are a blessing this year, if your still positioning yourself for the next Bull run
We will swing wildly between Hope and Despair on the #WallSt cheat llst
Yet the path remains up.
Remember #ETH was sub $900 last June
Maybe the doubters will change their mind after a Triple :)
SHIB USDT updateThe analysis is in daily time form, so it takes a little time.
Based on the base that was formed below, I sent my analysis, which fortunately was flawless
I checked it more closely today, not much has changed, but I sorted it out and with more precise targets
Friends, there is no doubt that Shiba is bullish, but it is necessary for this trend to close above 30 candles with a strong body and turn this range from 27 to 29.5 into a strong support.
So, in my opinion, it is still too early to say that his promotion is certain
Wait for it to come above this range, close the candle and then safe entry for those who are still waiting for the opportunity to buy.
Shiba's support:
0.00002628
0.00002450
0.00002313
Shiba resistors:
0.00002958
0.00003300
0.00003915
Shiba targets:
near:
0.00004699
0.00006942
Round:
0.000105
0.0001412
0.0001644
Analyzing the Impacts of Shiba Inu's Ambitious US Hub Plan
Shiba Inu's Bold Vision for a US Blockchain Hub
Shiba Inu, the popular meme coin, has recently made headlines with its ambitious plan to establish a strategic blockchain innovation hub in the United States. This bold move, proposed by lead developer Shytoshi Kusama, has sent ripples through the crypto community, leading to a significant 23% surge in the price of SHIB.
A Silicon Valley for Crypto
Kusama's vision is to create a "Silicon Valley for crypto" within the US, fostering innovation, job creation, and economic growth. The proposed hub aims to attract top talent, startups, and investors to the United States, solidifying its position as a global leader in blockchain technology.
The proposed hub, dubbed S.H.I.B., is estimated to cost several billion dollars over a 5-10 year period. However, Kusama believes the long-term benefits far outweigh the initial investment. The hub is expected to generate significant economic activity, create thousands of jobs, and attract numerous blockchain projects to the United States.
Key Components of the S.H.I.B. Plan
• Infrastructure Development: The hub will invest in state-of-the-art infrastructure, including high-speed internet, data centers, and research facilities.
• Economic Incentives: The plan includes tax breaks, grants, and other incentives to attract businesses and talent to the hub.
• Talent Development: The hub will focus on education and training programs to develop a skilled workforce in blockchain technology.
• Regulatory Framework: The hub will work closely with regulators to create a clear and supportive regulatory environment for blockchain businesses.
• Sustainable Practices: The hub will prioritize sustainability, incorporating green energy solutions and eco-friendly practices.
The Impact on SHIB
The announcement of the S.H.I.B. plan has had a significant impact on the price of SHIB. The cryptocurrency has experienced a 23% surge in value, reflecting investor enthusiasm for the project. This surge highlights the potential of the Shiba Inu ecosystem and its ability to drive innovation and growth in the blockchain industry.
The Broader Implications
Shiba Inu's ambitious plan is not only significant for the cryptocurrency but also for the United States as a whole. By attracting top talent and fostering innovation, the hub could help the US maintain its competitive edge in the global technology race.
Moreover, the S.H.I.B. initiative could have a positive impact on the broader cryptocurrency industry. By creating a supportive ecosystem for blockchain businesses, the hub could accelerate the development of new technologies and applications.
Conclusion
Shiba Inu's proposal for a strategic blockchain innovation hub in the United States is a bold and ambitious endeavor. If successful, the hub could transform the US into a global leader in blockchain technology, creating significant economic and social benefits. The 23% surge in SHIB price reflects the market's optimism for the project and its potential to drive future growth.
SHIB IS PRIMED FOR A MASSIVE 123% MOVE HIGHERCRYPTOCAP:SHIB
SHIB IS BREAKING OUT AND IT'S A BUY RIGHT NOW!
ITS A #HIGHFIVESETUP MEANING THE FOLLOWING:
1.) BULLISH uptrend on MACD (blue over orange
2.) BULLISH uptrend on RSI (higher lows)
3.) BULLISH uptrend on Stoch (red over yellow)
4.) We have a volume shelf with a volume gap
5.) Breakout on the symmetrical triangle pattern
Price Targets for this Weekly chart:
PT1: 0.000029584
PT2: 0.000044097
SHIBUSDT Bullish Move Confirmed!SHIBUSDT technical analysis update
SHIB's price has broken the trend resistance line and made a new higher high on the daily chart. Additionally, it has crossed above the 100 EMA on the daily timeframe, which is considered a strong bullish signal for SHIB.
We could potentially see a 100-200% bullish move in SHIB over the next few months.
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.
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
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.