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SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Shiba Inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO. Musk, who acquired the social media company last year, has been at the helm since the takeover but has found a long-term replacement. Following a high of 0.000008746 on Thursday, SHIB/USD dropped to a bottom of 0.000008549 earlier in the day. As a result of this sell-off, Shiba inu moved close to Monday’s low at 0.00000835, which was the weakest point the meme coin has hit since January. Looking at the chart, this latest move occurred as the relative strength index (RSI) moved deep into oversold territory, with a current reading of 23.02. However, this gives hope to longer-term bulls that a reversal could be on the cards. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:SHIBUSD
by CryptoSanders9563
The fall will continue around 0.000008540 but don't worry.I don't want to make a bad analysis about Shiba, which is a very energetic meme coin with buyers and big whales, but it needed a correction a long time ago. Anyone who drew a trend line knew this easily. But the good news is that once the fall is over, it can be a fast start again. Analysis: because the price has been broken, a fall has occurred, and if it breaks 0.000009972 again, we will have a fall to the price of 0.000008540. And if the downtrend ends there, we will have a quick rise to 0.000009972, which will make a pullback and then continue its growth as before. It should be mentioned that the red line is the trend line in the weekly time, where the fall ends, and that is where you can make the best purchase. Good luck.
by khosrooparviz
SHIBUSDT 1D: INSIGHT My analysis suggests that Shiba Inu may experience a downward trend soon. To explain this, I'll first discuss the concepts of premium and discount in trading. An asset is at a premium when its price is trading above its fair value and at a discount when it's below its fair value. Traders take short positions at the top of equilibrium and long positions at the bottom to take advantage of market inefficiencies. Moving on to the reasons for a potential downward trend in Shiba Inu, a bearish symmetrical triangle pattern in the chart suggests a possible downward breakout. Multiple bearish order blocks indicate significant selling pressure in the market. Finally, 3 different strategies, including the bearish symmetrical triangle pattern, bearish order blocks, premium and discount concept, confirm the same bearish bias. In conclusion, my analysis indicates a potential downward trend for Shiba Inu. However, traders should always conduct their own research before making any trades.
Short
by shirus0001
6
PEPECOIN IS ALMOST DONE FOR NOW - THEN SUMMER BLOW OFF ZCASHMemetics is a study of information and culture. While memetics originated as an analogy with Darwinian evolution, digital communication, media, and sociology scholars have also adopted the term "memetics" to describe an established empirical study and theory described as Internet Memetics. Proponents of memetics, as evolutionary culture, describe it as an approach of cultural information transfer. Those arguing for the Darwinian theoretical account tend to begin from theoretical arguments of existing evolutionary models. Those arguing for Internet Memetics, by contrast, tend to avoid reduction to Darwinian evolutionary accounts. Instead some of these suggest distinct evolutionary approaches. Memetics describes how ideas or cultural information can propagate, but doesn't necessarily imply a meme's concept is factual. Social excitement will peak soon, as large central exchanges list PEPECOIN those events will create the ultimate blow off top and necessary volume distribution. then the coin must consolidate for a couple months before taking a second mainstream wave even higher.
by noam_chom
SHIB/USDT: Consolidation Phase Signals Impending RallyIt looks like the BINANCE:SHIBUSDT trading pair has been moving within a rectangle pattern on the chart for almost a year now. Based on the current analysis, it's likely that there will be a short pullback of about -26.09% before Shiba Inu breaks out of the rectangle. Once that happens, the price is expected to increase by at least 254.90%. However, this will largely depend on the development and success of Shibarium, a layer-2 (L2) blockchain network being built on Ethereum specifically for Shiba Inu. Shibarium is expected to offer several benefits, including faster transaction speeds, lower fees, increased token utility, and an easier development process for decentralized applications (DApps). If Shibarium lives up to its potential, it could be a game-changer for the Shiba Inu community and the Shiba Inu token's value. So, if you're currently holding Shiba Inu and considering what to do next, it might be wise to keep an eye on Shibarium's development and the progress of the Shiba Inu price within the rectangle pattern. It's important to note that investing in cryptocurrencies is inherently risky due to the volatile nature of the market. Therefore, it's crucial to conduct thorough research before making any investment decisions and to have a sound investment strategy that aligns with your individual goals and risk tolerance. May the markets be ever in your favor!
Long
by UnknownUnicorn3327923
1
ArmanShabanTrading |🟢 $BTC & Comment your Requested Crypto There's a Strong Buy zone in the BITCOIN's Chart ! it's in the range of 27700$ to 28200$ , You can Set your orders in this zone with the right trigger ! Note that today's market can be accompanied by severe fluctuations due to important news and Federal Reserve meetings! and Please Comment your Requsted Analysis of your Cryptocurrency that i will Analyze it for you in the below of your comment and in the Update Section ! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 05.03.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
61
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. 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 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 :)
Long
by ArashBanakar
3
ArmanShabanTrading |🟢 CARDANO : BULL or BEAR ? Let's See !!!By checking the #Cardano's chart in the daily time frame, we can see that it is trading above the Institutional Support level + POC Line , I expect that if it maintains the support of the range of 0.37 to 0.39, it can move again to 0.46 as the first target and 50 cents as the second target! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.27.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
10