Get started

Shibainu

SHIB/USDT Price Preparing for the Final Leg Down below $0.000008Shiba INU bears appear to have again activated as the prices are falling apart for the past few hours. The price is experiencing extreme selling pressure due to which it has plunged by more than 6% in the past 24 hours and still counting. The RSI is heading south, the price rejected the crucial 50-day MA levels, and MACD displays an accumulated bearish volume while the cross-over is still distinct. This may indicate the bearish trend may be continued for some more time which could drag the price lower to reach the support zone below $0.0000082. However, despite the bearish clouds prevailing over space, the current trade set-up appears to just trap the short traders as the price is closer to manifesting a notable upswing. But well before the bullish breakout, the price is closer to manifesting a notable pullback. The SHIB price is yet to accomplish with the ongoing falling wedge pattern, for which a pullback below $0.000008 is mandatory. These levels are usually a very high demand area attracting the significant liquidity onto the platform. Hence this may be when one can expect a trigger towards the north by reclaiming the levels above $0.000009 initially while $0.00001 remains the next target milestone to achieve
by Coinpedia-Market-Insight
4
✴️ Shiba Inu Massive Explosion Can Lead To A 190% Jump!Shiba Inu (SHIBUSDT) is one of the strong ones because there is no new low after June 2022... It remains within higher low territory which is a signal of strength. Talking about strength, a bullish jump can take place any time now that can push prices higher and hit 65% easily and up to 190% mid-term. Can keep it simple for this one... 35% is the easy target... The rest can be doubted... But see how fast this move will show up. Within 1-3 weeks is more than enough. Patience is key... You will thank yourself if you hold long enough... Or just enjoy the profits when they come. Namaste.
Long
by AlanSantana
6
✴️ Shiba Inu Early Call (60%+ Potential Short-term)I am calling this an early call because you can't really tell that Shiba Inu (SHIBUSDT) is about to go up by looking at the chart, the signals are just not there... Or, if you look deep enough or have experience you can find some. For example, the 20-Dec candle closed as a hammed with a perfect -9 on the TD Sequential. At the same time on this day a new low was hit on low volume. We have two reversal signals mixed with a weakness signal. Low bear volume on a new low spells weakness on the bear side. These are early signals because prices still remain trading below EMA10... We are spotting a reversal though, a change of trend. We also have a reversal pattern and our beloved Dogecoin (DOGEUSDT) already going up. We looked at Bitcoin, Jupiter, the SPX, Tether Dominance and everything points to some potential growth. I sound like a broken record but these are early signals, this means that within hours things can change... But being early can be a blessing when it comes to potential gains. Let's see how it goes. Low risk (5% stop-loss) with high potential for rewards (60%+ target). Namaste.
Long
by AlanSantana
2
Shiba INU(SHIB/USDT) Price May go Long Soon!Shiba INU price has been trading bearish for the past few months which was further intensified with the November collapse. Since then the price is attempting very hard to reclaim the levels above $0.00001 but the bears appear to have held the resistance at $0.00000935 and restricting the price below. However, an extended price compression often leads to a remarkable jump which may be expected any time in Q1 2023. The SHIB price is trading within a falling wedge, which is largely considered as a bullish indicator. The price rise is expected to rebound after reaching the lower support at around the yearly lows at $0.00000750 which may trigger a massive upswing. Hence, the SHIB price may eventually break out of the wedge by gaining immense bullish momentum and reach $0.00001028 initially. Here, if the bulls are able to hold the price above the crucial resistance, then a bullish yearly close is possible which may be further elevated towards new highs.
by Coinpedia-Market-Insight
1
$BTC : Bull or Bear ? As you can see, by reviewing the Bitcoin chart in the 6 -hour time frame , we see the price after hitting our last Target ($ 18180) faced with the sales pressure and exit of the Buyers and experience heavy correction from $ 18400 to $ 16500! Now the price is trading in the $ 16700 range and there are two possible scenarios for the price that I have specified on the chart! Z The Main TA : 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 📅 12.19.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
13
Shiba INU (SHIB/USDT) Price To Offer Great Buying OpportunityThe SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off. However, in a coming couple of days, the sellers are believed to gain more influence to drag the price lower. The technical indicators on the daily chart suggest that the popular Memecoin is all set to pull a massive leg down. The RSI is below the neutral in the daily chart, trading within a stagnant trend, pointing towards the south. Meanwhile, the MACD is also flashing bearish signals as a crossover is yet o take place which may drag the price below the immediate support at $0.000008 or even lower. Besides, a slight increase in trader's sentiments is seen as the daily active address recorded a steep drop in the past couple of days. The addresses which had spiked significantly high to reach more than 17,000 has dropped to as low as 1854 during the early trading hours. However, the number of accounts trading on SHIB remained constant since the beginning of the week, indicating the undermined buying pressure. Therefore, until the Bitcoin (BTC) price surpasses and sustains above $18,200, the markets could remain unpredictable. This may push the Shiba INU(SHIB)’s price above the resistance which may further invalidate the bearish trajectory.
Short
by Coinpedia-Market-Insight