🔥 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
Shiba
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!
SHIB Shiba Inu Falling Wedge PatternIf you haven`t bought SHIB here:
Shiba Inu (SHIB) is showing signs of a potential reversal after a falling wedge pattern, indicating a possible bullish upswing. This pattern suggests that the downward trend may be losing momentum, and a price recovery could be on the horizon.
Based on this analysis, your price target for SHIB is set at $0.00001100.
Looking forward to read your opinion about it.
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.
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.
SHIBA INU what is next? 📖💡Hello 🐋
Based on the chart
the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️
beside
we expect to see gain and pump from our first support level 📚✔️
if
we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIBA INU what is next? 📖💡Hello 🐋
Based on the chart
the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️
beside
we expect to see gain and pump from our first support level 📚✔️
if
we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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 :)
$SHIBUSD - SHIBA Wyckoff Accumulation*** THIS IS A MEME COIN, PROCEED WITH CAUTION***
With that said, it we can see a strong case of Wyckoff accumulation on Shiba. Still holding the lows for weeks now.
Now looking for signs of strength likely with in the next couple days/weeks
***Another Textbook Wyckoff Study case, We've seen multiple rencetly.***
*** THIS IS A MEME COIN, PROCEED WITH CAUTION***
PLEASE YOLO YOUR LIVE SAVINGS *at your own risk* - NOT FINANCIAL ADVICE
Support Holds Amidst Static ResistanceSHIB has maintained its support level and made progress towards higher resistance, specifically in the range of $0.00000870-$0.00000850. However, within this range, the price encountered resistance and paused its upward movement. Despite this, the previously identified support level for Shiba remains intact.
The reason for the current sideways movement in the Shiba trend for the past five days is due to the presence of static resistance and the breaking of the descending channel's ceiling support. It's worth noting that the break of the channel's ceiling support is yet to be confirmed, leaving a possibility for the price to return to the support level around $0.00000750.
If the dynamic support is breached, it could potentially lead to a further decline in the Shiba price, possibly towards the midline range of the descending channel.
Regarding the RSI level being at 57, an RSI (Relative Strength Index) value of 57 indicates that the asset's price is neither overbought nor oversold.
SHIBA gain 🚀🚀Hello 🐋
Based on the chart
the price is close to the major support and in the triangle pattern ✔️
beside
we expect to see gain and pump from here ✔️
and even
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
🔥 DOGE New Cycle Trade: Triangle Break OutAs seen on the chart, DOGE has been trading inside a triangle pattern ever since the 2021. With DOGE appearing bullish over the last few weeks, it's time to look at what might happen if we finally break out of this >2-year pattern.
Assuming that DOGE's bear-market low is in, it's likely that DOGE will only gain in value in the future. Be aware that we're going to wait for the price to break out in order to activate this signal.
Stop below the recent June lows, target around the 0.70$ all-time highs.
Range Trend and Potential Breakout SignalsSHIB is currently experiencing a range trend, which means its price is moving within a specific price range. Over the past week, the cryptocurrency's price has become less volatile. Additionally, the short-term upward trend line's support remains intact, which is positive for the coin's price.
However, there are certain levels to watch out for. If the support of the midline of the descending channel is broken, along with the support mentioned earlier, SHIB's price could decrease to a range of $0.000066 to $0.0000068. On the other hand, if the mentioned support levels hold, we might see a positive movement with SHIB aiming for the resistance area around $0.00000853.
Overall, SHIB is currently in a critical zone where the possibility of a significant price movement has increased. A substantial increase in trading volume could confirm whether the price will break out of its current limits. If the resistance around $0.00001 is surpassed, the next target for SHIB's price is considered to be in that range.
Regarding the RSI level of SHIB at the daily timeframe, it is currently at 51. The Relative Strength Index (RSI) is a technical indicator used to measure the momentum of an asset's price. An RSI level of 51 for SHIB suggests a relatively neutral position, indicating neither overbought nor oversold conditions. It signifies that the cryptocurrency is not showing any extreme price movements and is in a stable state.
Been talking about $DOGE for a bitThere's reason why CRYPTOCAP:DOGE has slowly become as big a position as $SHIB.
This isn't including 3x & 10X leverage on #DOGE when it hit recent lows.
Looks pretty strong to me.
Love seeing the RSI pummeling through the 50 area, yellow circle.
Not the best looking but it is still an INVERSE HEAD & SHOULDER, bottom forming of it breaks through, more conviction if heavy volume.
Please see profile for more info on countless CRYPTOCAP:DOGE posts.
#crypto #altcoin
shibusdt---> 50% DUMP!hello guys...
what did you think when you looked at the weekly time frame of Shiba?
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!!!
_______________________________
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AGLD/UDT Hit Target 3 with 201% ProfitsHey traders! We have some exciting news to share! Our AGLD/UDT trade on Binance Spot has just hit Target 3, and the results are phenomenal - a whopping 201% in profits! 🚀📈
We hope you were able to take advantage of this amazing opportunity and ride the waves with us. Our team of seasoned analysts carefully identified the potential in the AGLD/UDT pair, and it has certainly paid off beyond expectations.
We believe in transparency and strive to provide valuable insights for all our members. This success story highlights the power of research, strategy, and disciplined trading.
For those who may have missed this particular trade, fret not! We are constantly scanning the markets for more lucrative opportunities. Our focus remains on finding high-potential trades and sharing them with our community.
If you haven't joined us yet, now's the perfect time to become part of our thriving trading community. Stay tuned for more updates, trade signals, and market analyses to make the most out of your trading journey.
Remember, success in trading is a journey, and we're here to support each other every step of the way. Let's keep pushing the boundaries of profitability together!
Happy trading and congratulations on another successful trade!
Potential Growth and Resistance LevelsLast week, the price of SHIB increased. It received support from buyers, which helped it move up to the upper part of a descending channel, staying within a specific resistance range. These resistances are usually seen as negative because Shiba Inu is currently in a downtrend. However, the support from a short-term uptrend line within the resistance range could create a narrow range. This suggests that a significant price movement for Shiba Inu is anticipated in the near future. If the resistance at the top of the descending channel is broken, the price of Shiba may continue to rise up to $0.00000935. On the other hand, if the upward trend line is broken, sellers will likely target previous price floors at the levels of 0.00000702, 0.00000600, and 0.00000570.