SHIB (Shiba Inu) Technical Analysis & Short Trade SetupSHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high.
Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
Shibausd
SHIB SHIBA INU Technical Analysis and Trade IdeaShiba Inu has been trending downward lately, but the price action has stabilized into a sideways range over the past few days. Although I remain bearish overall, entering a short position requires confirmation. Specifically, I would need the price to break below the current support level, followed by a retest and failure to hold that level. Remember, this is solely my personal analysis and should not be considered financial advice.
SHIBA INU Trade IdeaSHIBA INU has faced downward pressure and is evidently in a downtrend as we can see on this 4H time frame. We are exploring the Fibonacci retracement levels of 50-61.8% to pinpoint a potential entry point for a short position. It's important to note that this trade idea is purely speculative and not intended as a trade signal. This information should be viewed strictly for educational purposes and not construed as financial advice.
SHIB Shiba Inu Trade IdeaShiba Inu (SHIB) has exhibited a sustained downtrend across multiple timeframes. This downward trajectory coincides with increasing strength in the US dollar, as reflected by the DXY currency index. Should the DXY maintain its upward momentum, further depreciation in SHIB prices is a distinct possibility. It is crucial to consider this analysis solely for educational purposes and not as financial advice.
SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts.
It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.
Shibausdt ,,, chart patternsWe have two scenarios ahead. On the weekly logarithmic chart, Shiba is under the cloud, and as long as it is under the cloud, I still can't say for sure that it is progressing, but on a daily time frame. , everything is different, but you just have to be careful. , the descent scenario. It's not out of the question, but with the chart going down quickly and coming back up strongly, like before, it's likely.
📈Rest in peace Shiba Inu📉BINANCE:SHIBUSDT
COINBASE:SHIBUSD
Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level
I personally liked this dog very much
In the next few days, SHIBUSDT is expected to stabilize between the yellow areas.
If the price breaks below the mentioned areas, the price will drop to the level of 0.0000065 (probably price receive support here) and then 0.0000059.
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Why is Shib not moving🤔but the market shows signs of growth?Hola shib fans - Here today to answer a question from a follower, that question is:
"What the he!! is going on with shib are we crash are we getting ready for a pump to the moon help I would like to know should I buy or not"
Answer: Simply put we are in danger of heading to another perhaps hard crash in the coming days - currently we are consolidating prepping for what looks to be a pump to the 900 - 1000 giving shib it's first ever green september. However; it could be in fact a possible dump in the process of falling to the lower 650's.
Reason: Well simply put - don't rely on the shib chart for answers to this question, sadly we need to view 3 different cryptos to know for certain, the main culprit is in fact BTC - but it is slowly trying to recover on the 4 hour chart but the day chart is likely moving to high to fast, and eventually will meet a unwelcome retreat back to the 25k or less, and in the process taking Shib inu with it.
reason for it is:
The Bitcoin network is experiencing the longest period of block fullness in history, data shows that there are currently more than 461,000 pending transactions, which means continued congestion on the Bitcoin network will further affect the confirmation of low-value transactions - this explains the current downtrend we've been experiencing even though BTC been getting a lot falling in its favor and still crash - So basically back orders finally build up like a blood clot - so no telling how many orders were sells or buys till it drops down to half that amount.
And if you notice Shib has done this 8 times in the past 2 months before.
It would look as tho it was progressing with high potential to break the barrier that keeping shib and other cryptos from rising. Only to slowly burn away without notice that it's burning. Like Methanol as an invisible fire you can't see it but it's happening.
So the question is, is there a bull run on the horizon or are we still in bear country.
Currently I can not give a full answer, some charts including Bitcoin are showing signs of wanting to break away from the lower levels, however, things are not as they seem as they are also showing signs of much lost of support in areas where support would be the needed currently to prevent further crashing to the Shib - 400 range. It's a possibility we may get the support but the real question is when?
Should you Wait - Buy - Sell - Hold - at this point and time I would say buy but for a short sell or hold if you have sustained loses already, Shib maybe doing a slow burn so there will be gains to be made, but regardless you are at the lower 700's which is basically a safe zone for shib it may go lower but it always seem to return to the 700 mark if it does crash - which in my opinion is likely to happen soon.
So make the best of it and buy more if it does indeed crash.
But for now I will list my findings and show what paths we may be taking in the next few days to weeks.
Be sure to Like follow and sub for more content like this.
BITSTAMP:BTCUSD
BINANCE:BTCUSDT
BITSTAMP:ETHUSD
BINANCE:ETHUSDT
COINBASE:SHIBUSD
BINANCE:SHIBUSDT
Shib survived to see $0.00008000 or more🤑 Last chance to buyOut of all my other predictions I failed to check one minor detail due to reasons of low likelihood of happening. But after closing today on 8/15/ 2023 I am fully convinced we may see the 4000 mark maybe more the rest of this year.
Sometime in the closing days of August Shib will see a massive jump to anywhere above the 0.00002000 range. It's likely both the timing and the buildup of shibs recent announcements. The amount of resistance Shib has been receiving maybe a sign once that red line reaches that green who to say it won't skyrocket.
It's ready for take off by september 1st and it may not be back to earth until Jan 1st 2024 so don't get left behind shib fans
shib long on breakout Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Comparison charts: $SHIUSDT Shina Inu and $SHIBUSDT Shiba Inu🎀SHI Price Live Data
The live Shina Inu price today is $0.000003 USD with a 24-hour trading volume of $1,090,914 USD. We update our SHI to USD price in real-time. Shina Inu is up 25.23% in the last 24 hours. The current CoinMarketCap ranking is #2761, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,000,000,000,000 SHI coins.
"Shina Inu is a decentralized meme token on the Ethereum blockchain. Its mission is to give back to the crypto community, give to charity, and win the heart of the greatest token of all time, Shiba Inu!
Shina Token is a very fun meme token project that has sold many rare and beautiful NFTs. NFT sales are used to support the team and provide upcoming features such as exclusive access to events and rewards that will soon be announced."
Shiba Inu SHIB Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Shiba Inu SHIB are:
SHIB/USDT shot
Entry Range: $0.00001200 - 0.00001300
Price Target 1: $0.00001100
Price Target 2: $0.00001000
Price Target 3: $0.00000950
Stop Loss: $0.00001460
SHIB INU Price Analysis (30 Min Chart)Here's what I'm seeing in today's 30 min chart .
SHIB NEEDS to hold this current area of support around .00001204 IF SHIB Wants to continue on to the upside.If this happens, SHIB will most likely go back up and test the next area of around .00001255 -.00001308. AND then .00001365 LVL will be looking pretty reachable from here.
IF SHIB Cant hold this current Support Zone, we will see the coin drop back down to the .00001140-.00001201 LVLS With LOADS of SUPPORT around the .00000989 - .00001047 LVL .
Thanks for looking!
Have a great day everyone.
SHIBUSD Potential for Bullish Continuation | 30th January 2023Looking at the H4 chart, my overall bias for SHIBUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.00001295, where the recent high is, we are looking to take profit at 0.00001518, where the previous swing high is. Stop loss will be placed at 0.00001111, where the previous overlap support is.
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