1000shib 4h Analysis1000Shib has done CHoCH on 4H time frame and shifted in trend from bearish to bullish. Now as its in bullish trend so we will look for buying oppertunities. I have marked poi for buying oppertunity. Current price is very good but a agressive entry. Second poi is very clean which is also marked on chart.
Shibainu
💎 BITCOIN (BTC) : Going Higher or What ? (READ THE CAPTION)Hello traders ! Upon reviewing the Bitcoin chart in the weekly timeframe (logarithmic), we observe that after the price dropped to $56,000, it encountered demand as expected, presenting an attractive buying opportunity to purchase at a discount. The return on this analysis from last week until now has been over %15, and the price was able to rise from $56,000 to $65,000! Currently, the price is trading around $62,000, and the other assumptions of the previous analysis remain valid. The medium-term targets for Bitcoin are, in order, $77,000, $85,000, and $100,000.
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Triangle Pattern formed & Breakout, Next Kill 2 to 3 zerosIn SHIB/USTD, Triangle Pattern formed and Breakout. I have attached 3 images, before Breakout the Triangle Pattern and during the Breakout Triangle Pattern. Now SHIB in retracement phase, after completing the retracement, SHIB will continue its Up Trend and reach the "Previous High". Then SHIB will likely remove 2 to 3 Zeros. I have been continuously following SHIB for the last 3 years.
SHIBUSDT#SHIB CRYPTOCAP:SHIB has formed a very promising chart pattern for us. It has broken the resistance of the wedge formation, confirming the bullish momentum. One of the best indicators, TD Sequential, has given a bullish signal after a long time. Successively, it is expected to reach Fibonacci targets at 0.61, 0.78, and 1 levels. Since #dogecoin has already started its uptrend, #shibcoin is likely to follow suit.
💎 BITCOIN (BTC) : First SHORT , Then LONG (READ THE CAPTION)Upon reviewing the Bitcoin chart on a weekly (logarithmic) timeframe, we observe that the price is trading around $61,200. It might penetrate below $59,500 to gather more liquidity! Let’s examine the scenarios together: if the price stabilizes and closes below $59,500, we may see a further decline, possibly even a correction in Bitcoin down to $53,210. This would be the first attractive demand zone. The second appealing buying range would be between $38,600 and $43,000, which you should keep an eye on! Note that Bitcoin corrections are buying opportunities for those who missed out on the previous upward trend. The medium-term targets for Bitcoin are, in order, $77,000, $85,000, and $100,000.
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💎 GTAI/USDT : More Bullish ? +37% so far ! (READ THE CAPTION)By checking the GTAI/USDT chart, we can see that the price entered the range of our desired demand zone ($1.60 to $1.77) and after that the price increased to $2.36 with a 37% growth! Now, the price is trading in the range of $1.83, by stabilizing the price above the specified demand range, we can expect the growth of this cryptocurrency again! The expected yield in the short term is between 20% to 50%!
THE MAIN ANALYSIS :
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SHIB's Critical DipThis price point is closely approaching a critical support level at 2098, situated at the bottom of a previous gap, indicating a significant area where the asset might find a footing if the downtrend continues.
The current price is nearing the lower Bollinger Band, suggesting that SHIB is potentially entering an oversold territory. This could be a precursor to either a continuation of the bearish trend or a reversal if the asset is deemed too undervalued.
Volume: The trading volume is exceptionally high at 1.078 trillion SHIB, indicating significant market activity. Such high volume associated with a downtrend typically confirms strong selling pressure.
The price is below the SMA of 2207, signaling bearish momentum. Prices below the SMA generally indicate that the asset is currently in a downturn relative to recent price history.
The %K (10.2) and %D (11.6) values are below 20, which often suggests the asset is oversold and might either see a short rebound or continue to drop if the selling pressure doesn't ease.
At 26, the RSI further confirms that SHIB is oversold. This indicator often signals that the selling may be overextended, and a reversal could be imminent, depending on market conditions.
The MACD line below the signal line with a negative histogram value reinforces the strong bearish momentum observed in the market.
The chart indicates a robust resistance to upward movement, suggesting that any potential recovery may need significant volume and buyer interest to break past established resistance levels, particularly around 2552. With the market indicators pointing towards an oversold condition, investors should watch for potential stabilization or a minor price recovery. However, the overarching sentiment remains bearish, and caution is advised. This technical posture might offer a strategic point for traders to consider entry for a short position if expecting further decline, or to prepare for a possible buying opportunity should the indicators suggest a strong reversal is likely.
📈 Shiba Inu Coin: On the Rise Again! 🚀
Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀
📉 Analysis:
Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency.
📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a significant upside potential for traders and investors alike.
💼 However, it's essential to consider the broader market trends and factors influencing SHIB's price movement. Market sentiment, regulatory developments, and overall cryptocurrency market conditions can all impact its trajectory.
🔍 Traders should keep a close eye on key resistance levels and monitor any developments that could affect SHIB's performance in the short to medium term.
🚀 Overall, with its recent bounce off support, Shiba Inu Coin is showing resilience and potential for further upward movement towards the 0.000036 target.
SHIB - DUMP Incoming 📉📉Hi Traders, Investors and Speculators of Charts📈
Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers.
The next likely support is only at the moving averages, with both the 50d and 100d roughly at the same place (price tags on the right hand side). If the markets do not turn around in the immediate future, SHIB could drop as much as 40%, since it drops much harder than BTC and ETH during liquidity rotations.
Considering that this is the weekly timeframe, it may take some time for the price to reach the moving averages trendlines.
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BINANCE:SHIBUSDT
(SHIB) shiba inu "where to next,..."Shiba Inu price appears to be unknown based on support and resistance over the life of trades for the cryptocurrency. Right now the price is literally in the middle of a wide channel with no past information to conclude where the price is headed. Is it going up? Or is it going down? ...
💎 GTAI/USDT : Another Bullrun ahead ? By checking the GTAI/USDT chart, we can see that the price increased by more than 20% after last week's analysis, and then started to price correction again! Watch the demand range of $1.60 to $1.77 for re-entry!
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💎 BITCOIN (BTC) : Weekly analysis , going for $100K ? (READ)By checking the #Bitcoin chart in the weekly time frame (logarithmic), we see that after the price dropped to $59,500 last week due to the tensions in the Middle East, but we saw a rapid price recovery And currently, Bitcoin is trading in the range of $66,500! By keeping the price above the support level of $59,500, we can expect more growth in the medium term! The next Bitcoin targets are $77,000, $85,000 and $100,000 respectively!
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💎 DogeCoin (DOGE) - More Bullish? Let's see! (READ THE CAPTION)By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading with more than 10% growth in the range of 16 cents, and by maintaining the support of the $0.124 range, we can expect the price to grow to higher targets! The price targets are $0.229, $0.35, $0.374 and $0.75 respectively! The expected yield of this cryptocurrency in the long term is above 300%!
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💎 LITECOIN (LTC) - More Bullish ? What's the Targets ? (READ)By checking the chart of #Litecoin in the weekly time frame, we see that based on the previous analysis, the price has started to grow and we are witnessing a 9% return so far! I still expect more growth from this crypto! ! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively!
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Shiba Inu Raises 12 Million Via TREAT For Layer-3 BlockchainShiba Inu's lead developer, Shytoshi Kusama, has disclosed that the company has successfully raised $12 million in funding via TREAT tokens for the development of its new privacy-focused Layer-3 blockchain and Shibarium projects. The announcement has led to a 1% jump in the CRYPTOCAP:SHIB price. The capital was raised from several venture capital firms, including Animoca Brands, Mechanism Capital, and Polygon Ventures, among others.
Shiba Inu ( CRYPTOCAP:SHIB ) aims to expand its use cases and utility by developing its new privacy-focused Layer 3 blockchain and other projects with the funding raised through TREAT utility and governance tokens. The funds will be primarily allocated towards the development of Shiba's new privacy-based Layer-3 blockchain with Zama and to ensure its Shibarium blockchain remains in focus, while expanding security measures and regulatory compliance. Moreover, TREAT will hit the crypto market later this year, and the Shib ecosystem will also introduce a new token called Shi stablecoin.
The announcement was made by Shytoshi Kusama during the Token2049 event, leaving the Shib Army in a state of excitement and anticipation. The SHIB price has risen to $0.00002705, with the 24-hour low and high being $0.00002551 and $0.00002761, respectively. However, the trading volume has decreased by 27% in the last 24 hours, indicating a decline in interest among traders. As a prominent meme coin that has expanded into a broader ecosystem, including decentralized finance (DeFi) applications and a dedicated blockchain, Shiba Inu ( CRYPTOCAP:SHIB ) is gradually progressing towards its aim of becoming a mainstream financial entity.
Technical Outlook
The meme coin termed Shiba Inu is trading above the 200-day Moving Average (MA) with a moderate Relative Strength Index (RSI) of 53.63. The Monthly price chart depicts a bullish Symmetrical Triangle patter which accentuates to CRYPTOCAP:SHIB 's bullish trend.
💎 DogeCoin (DOGE) - New Investment Opportunities ! LONG ?By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading in the range of $0.15 and the demand ranges in front of the price are $0.075 to $0.092 and $0.122 to $0.15! If the upward trend continues, the price targets are $0.229, $0.35, $0.374, and $0.75, respectively! The expected yield of this cryptocurrency in the long term is above 300%!
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SHIBUSD Shiba Inu Unlocking Profit PotentialButterfly Harmonic Pattern Formation:
SHIBUSD is currently displaying a formation of a Butterfly Harmonic Pattern, indicating potential bullish momentum in the near future. This pattern is characterized by distinct Fibonacci levels and specific geometric shapes.
Trendline Confirmation:
The pattern is further validated by the presence of a trendline, adding confluence to the bullish bias. The intersection of the trendline with the Butterfly Harmonic Pattern enhances the significance of the potential reversal.
Key Support and Fibonacci Level:
Point D of the Butterfly Harmonic Pattern coincides with a key support level and the 0.786 Fibonacci retracement level. This convergence strengthens the reliability of the bullish setup, suggesting a favorable entry point for traders.
Trade Setup:
- Entry: Long position initiated at 0.00002230, aligning with the bullish confirmation at Point D and the confluence of support and Fibonacci levels.
- Stop Loss: Placed at 0.00001823 to mitigate potential losses in case of adverse price movements, maintaining risk management principles.
Profit Targets:
- TP-1: Set at 0.00002838 to capture the initial bullish momentum and secure partial profits.
- TP-2: Positioned at 0.00003250 to capitalize on extended upward movement, reflecting a conservative profit-taking approach.
- TP-3: Targeted at 0.00003835, aiming for further upside potential and maximizing returns while adjusting risk exposure accordingly.
Conclusion:
Based on the technical analysis, SHIBUSD presents a promising opportunity for bullish trading, supported by the formation of a Butterfly Harmonic Pattern, trendline confirmation, and confluence of key support and Fibonacci levels. Traders are advised to exercise prudent risk management strategies and adhere to the outlined trade setup for optimal performance.
shibusdt 106% long target
1. Shiba Inu (SHIB) is currently positioned within a buying zone, ranging from 0.00002100 to 0.00002300. This zone is significant as it attracts attention from major investors like Black Rock and other whales, indicating strong demand dynamics.
2. Recent market activity has shown positive signs for SHIB, with an increase in trading volume and daily active addresses. This uptick aligns with a broader market trend, driven partly by Bitcoin's surge to $65,000.
3. Shibarium, SHIB's layer-2 blockchain solution, has witnessed heightened activity, with daily transactions ranging from 300,000 to 950,000. This suggests growing interest and utilization of SHIB's ecosystem.
4. Additionally, SHIB's burn rate has spiked significantly, signaling efforts to reduce token supply and potentially increase its value over time.
5. Current market data reveals SHIB's live price at $0.000023 per token, with a market cap of $13.46 billion USD. The 24-hour trading volume stands at $642.81 million USD.
6. SHIB has experienced a modest increase of +1.22% in the last 24 hours, with a circulating supply of 589,289.41 billion tokens.
7. Technical analysis highlights a bullish divergence observed at the 4-hour time frame, indicating a potential upward trend. Additionally, all indicators are showing buy signals, reinforcing the bullish sentiment.
8. The proposed trade strategy involves waiting for a volume candle to break the blue moving average (MA) line, signaling an increase in market activity.
9. Once the volume confirms the bullish movement by surpassing the blue MA line, consider entering the trade.
10. It's crucial to set a profit target at 106% above the entry point, aiming to double the investment.
11. Implementing risk management measures, such as setting stop-loss orders, is essential to protect the investment in case of adverse market movements.
12. Monitoring the volume closely and observing any significant changes in market dynamics is key to timely decision-making.
13. Understanding the broader market context and potential catalysts can provide valuable insights into SHIB's price movements.
14. Keeping track of developments in Shibarium and other ecosystem-related initiatives can help gauge the long-term viability and growth potential of SHIB.
15. Market sentiment and investor behavior play a significant role in cryptocurrency price fluctuations, so staying informed about community sentiment is essential.
16. Assessing SHIB's relative strength compared to other meme coins and cryptocurrencies can provide additional context for trading decisions.
17. Diversification is crucial to managing risk effectively, so consider allocating investments across different assets and sectors.
18. Utilizing technical analysis tools and chart patterns can aid in identifying potential entry and exit points, enhancing trading precision.
19. Patience is key in trading, as waiting for confirmatory signals and avoiding impulsive decisions can lead to more successful outcomes.
20. Continuously reviewing and adjusting the trade strategy based on evolving market conditions is essential for long-term success.
21. Educating oneself about cryptocurrency fundamentals and market dynamics can empower traders to make informed decisions.
22. Networking with other traders and joining online communities can provide valuable insights and support in navigating the cryptocurrency markets.
23. Emotions can often cloud judgment in trading, so maintaining discipline and sticking to predefined trading rules is paramount.
24. Recognizing and managing cognitive biases can help prevent irrational decision-making and improve overall trading performance.
25. Regularly reviewing and analyzing past trades can provide valuable lessons and insights for refining future trading strategies.
26. It's important to remain adaptable and open to new information, as market conditions can change rapidly.
27. Developing a clear trading plan with well-defined entry and exit criteria can help minimize uncertainty and improve consistency in trading performance.
28. Risk management should be a top priority in trading, with capital preservation taking precedence over potential gains.
29. Seeking advice from experienced traders or financial professionals can offer valuable perspectives and guidance in navigating the cryptocurrency markets.
30. Ultimately, successful trading in cryptocurrencies like SHIB requires a combination of market knowledge, technical skill, discipline, and risk management. By adhering to sound trading principles and staying informed, traders can increase their chances of achieving their financial goals.
💎 GTAI/USDT- Riding the Wave: GTAI’s Path in the Crypto SeascapBy examining the GTAI/USDT chart, we can see that in the past week, considering that the shadow of war fell on the crypto market, we saw the fall of many cryptocurrencies, and GTAI was not excluded from this fall! Bitcoin halving will happen in about 1 day and 10 hours, which can bring the market with heavy fluctuations, and if the price can show a positive reaction to the range of $1.60 to $1.77 and $1.26 to $1.45, we can expect more growth from this cryptocurrency!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban