Shiba
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.
SHIBA ready to 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 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
🔥 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.
MIMIR: Algorithmic Trading Unveiling Massive Potential with $0.6We conducted a thorough analysis of MIMIR, comparing it to over 500 volume coins, and the results indicate that MIMIR has a promising potential for a good return. This is due to the introduction of a new level of ALGORITHMIC TRADING SCAN.
The $0.025 Target is very important for the coming time, which could lead to an increase in MIMIR's trading volume. Considering the maximum supply of this coin is 100 million, with a market capitalization of around 40-60 million, it is feasible for MIMIR to reach the $0.60 Target.
However, it's important to always conduct your own research and be aware of the risks associated with investing in any meme coin.
This update will be documented as an ALGORITHMIC TRADING update. We will continue to monitor this meme coin both in the short term and the long term.
Potential Growth and Support LevelsDuring the preceding week, SHIBA has demonstrated a sustained presence within the support range of $0.00000872-$0.00000852, forming a short-term range channel. This channel is positioned at the lower end of Shiba's descending channel in the short term. In the forthcoming days, a breach of the channel's upper boundary may indicate potential growth for Shiba, targeting the resistance levels at $0.00000950 and $0.000010. These resistance levels reside at the upper limit of the descending channel and hold significant importance for Shiba's price movement. The current support range, if upheld, presents a favorable demand area for the short and potentially medium term. A breach of the channel's upper boundary could lead to an upward trajectory towards higher price targets.
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.
🔥 PEPE vs SHIBA: Comparing Two Meme Tokens' First DaysPEPE and SHIBA are arguably very much alike. Both are so called meme tokens which made incredible returns in a span of a couple of weeks. Millionaires were made here.
As with all highly traded tokens, both arrived at Binance at some point in their lifetime.
As with a lot of tokens, the fact that it's arrived on Binance is not necessarily bullish in the short-term. The announcement is bullish, but once trading opens there's a high probability for a dump. Buy the rumor sell the news.
SHIB dropped nearly 90% in the first month after it arrived on Binance. PEPE has dropped around 65% within the first 4 days. Although there's definitely a decent probability for a nice reversal, we should also consider the fact that PEPE can drop much lower.
On the other hand, once PEPE has stabilized it would likely be a decent time to start buying in anticipation for a potential pump (10x!) like SHIB.
Remember that PEPE will most likely follow a different path than SHIB did back in 2021. Trading based on fractals is ill-advised, but can still offer some guidance on what we can potentially expect.
SHIB - Around Support Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
SHIB is now sitting around 0.08 support in blue.
🏹 For the bulls to take over short-term , we need a break above the last major high from H4 highlighted in orange.
🏹 And for the bulls to take over from a long-term perspective , we need a daily close above 0.000012 resistance.
📉 If we break below 0.0000097, we will be expecting further bearish movement.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SHIBUSDT, in accumulation phase and is getting ready🦬Hello guys, Everything is clear 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 circle to enter or increase your Shiba tokens.
Good luck.
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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 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 :)