SHIB/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the SHIB/USDT Weekly Update.
Shiba Inu (SHIB) finished the week with a notable rise of 14%, emerging as the top performer on our list. This significant improvement is noteworthy, especially given the recent decline in new local levels.
The key support lies at $0.000025, where buyers have so far successfully maintained a hedge against further selling pressure. Resistance is $0.000037.
Going forward, the optimal scenario for this meme coin includes consolidating the above key support and potentially starting a new rally in May.
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Shibshort
SHIB/USDTR 1DAY UPDATE BY CRYPTOSANDERS Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis:- Shiba Inu (SHIB) was another notable gainer on Thursday, as price rose for a second consecutive day.
Following a low of 0.000007429 on Wednesday, SHIB/USD rallied to an intraday high of 0.000008208 earlier today.
today’s gains have sent SHIB to its highest level since August after the price rose by nearly 10% today.
earlier gains have somewhat faded, as a result of the RSI failing to break out of a ceiling at 70.00.
price strength now sits at 69.15, with a floor at 61.00 a likely target should momentum begin to shift.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day.
Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend.
This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721.
The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760.
it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00.
price strength is at a reading of 46.39, with the next visible point of resistance at 51.00.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East.
SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221.
Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690.
The relative strength index (RSI) also dropped below a support point at the 37.00 mark.
price strength is tracking at 34.90, and appears to be moving towards the 30.00 region.
Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially.
I have tried to bring the best possible results in this chart.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDER !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) also edged lower today, as prices approached a key support point.
Following a high at 0.000007479, SHIB/USD declined to a bottom at 0.000007258 earlier in today’s session.
As a result of this surge, the world’s second-largest meme coin closed in on a price floor at the 0.00000710 level
SHIB has not hit this point yet, the RSI has collided with a floor of its own at the 43.00 mark.
the index is tracking marginally below this point at 42.88, however, should this downward trend continue, SHIB will almost certainly hit 0.00000710 in the coming days.
I have tried to bring the best possible outcome to this chart.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day.
After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session.
This happened as traders continued to move the price away from the recent support point at 0.00000710.
it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart.
The relative Strength Index (RSI) must first move above the 44.00 mark.
the index is tracking at 42.14, with SHIB trading at 0.00000754.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak.
After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day.
The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process.
it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling.
The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09.
Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710.
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SHIB/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba’s downtrend has not stopped, and the price continued to make lower highs. For this reason, the price registered a 5.5% loss this week, making this meme coin the worst performer on our list.
The current support is found at $0.0000075, and so far, it held the assault from bears. Nevertheless, sellers could return to take the price lower if the bearish sentiment continues.
SHIB has lost all its gains made in August and could even visit new lows this month.
I have tried to bring the best possible outcome to this chart.
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SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day.
Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session.
This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday.
As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00.
the index is tracking at 65.67, with Shiba Inu also falling from its previous high.
SHIB/USD is now trading at 0.000009749.
I have tried to bring the best possible outcome to this chart.
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SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.
CHART ANALYSIS:-Shiba Inu (SHIB) rose by over 5% on Friday, on the news that Binance was adding the asset to its Flexible and VIP Loan services.
SHIB/USD hit an intraday peak of 0.000008677 on the news, a day after trading at a low of 0.000008226.
The move resulted in the meme coin hitting its highest point since Monday when it peaked at 0.00000872.
One of the catalysts for the surge also seemed to be a breakout of the 60.00 level on the 14-day relative strength index (RSI).
the index is tracking at 62.20, which is marginally below a higher ceiling of 63.00
Earlier gains have already eased, with traders likely securing profits in anticipation of a collision with this zone.
This is not a piece of financial advice.
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SHIB/USDT 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) rallied to a two-week high on Friday, after breaking out of a key resistance level.
SHIB/USD surged to a peak of 0.000008217 earlier in today’s session, following Thursday’s low at 0.000007754.
Friday’s move came as shiba inu broke out of a key resistance level at the 0.000008000 mark, hitting its highest point since June 15 in the process.
Another reason for today’s action appears to be the relative strength index (RSI) moving above a ceiling of 55.00.
Currently, price strength is tracking at the 60.09 level, which is marginally below a ceiling of 61.00.
Should the Bulls manage to race past this point, there is a good chance the next target price will be 0.000008500.
This is not a piece of financial advice.
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SHIB is about to reach a recent low !SHIB is about to reach a recent low !
This figure shows the weekly candle level chart of SHIB from the beginning of 2022 to the present. The graph overlays the high points and their connections from the past year and a half, as well as the horizontal lines of the bullish starting positions after the end of mid June 2022! As shown in the figure, due to the negative news in recent days, SHIB has retreated to the key support level, which is below the long start level (0.000008030) after the end of mid June 2022! So, once the daily closing of SHIB is below this position for three consecutive trading days, the space below will open, and it is likely to hit a new low in the past year and a half!
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) moved to a three-week high in the past several hours.
Following a low of $0.00001065 to start the week, SHIB/USD climbed to a peak of $0.00001157 yesterday evening.
This resulted in prices jumping by as much as 6%, hitting their highest level since March 14 in the process.
the move seemingly took place following a breakout of a key resistance level of 55.00 on the RSI indicator.
Price strength is now tracking at 55.76, and appears to be heading towards a higher ceiling at 58.00.
Should it reach its apparent target, SHIB will likely move beyond March’s high of $0.00001184.
This is not a piece of financial advice.
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SHIB/USDT 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) was one of Tuesday’s notable gainers, as prices of the token rose for a sixth straight session.
SHIB/USDT surged to a high of $0.000009593 earlier in the day, less than 24 hours after trading at a low of $0.000008603.
As a result of this latest surge in price, Shiba Inu climbed to its highest point since December 5.
From the chart, it appears as though today’s rally came following an upwards crossover of the 10-day (red) and 25-day (blue) moving averages.
In addition to this, the 14-day relative strength index (RSI) has risen above a recent ceiling of 65.50.
Currently, the index is tracking at 67.50, with the following visible ceiling at the 73.00 zone.
This is not a piece of financial advice.
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SHIB right on the support!Hello everyone, let's take a look at the SHIB to USDT chart in 1 hour. As you can see, the price broke above the local downtrend line.
It is worth starting with setting a stop loss that we should take into account in the coming hours. As you can see, we chose 4 stop losses:
SL1 - $ 0.00001170,
SL2 - $ 0.00001109,
SL3 - $ 0.00001019,
SL4 - $ 0.00000908.
Now let's move on to determining the goals that price has in front of him and as you can see, the first is at the T1 level - $ 0.00001247, which the price is currently struggling with, the next is at the T2 - $ 0.00001350 level, the next is T3 - $ 0.00001457 and T4 - $ 0.00001604 .
Looking at the CHOP indicator, we can see that some energy has been used within 1 hour, but we have a little to continue the movement. On the other hand, the MACD indicator shows an upward trend.
SHIB possible quick move to earn 5.5%Hello everyone, let's take a look at the SHIB to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002389, if we manage to keep it, we can move quickly to the resistance point, which will give about 5.5% profit. However, if the support breaks down, the next one is $ 0.00002216.
Now let's move from the resistance line, as you can see, the first resistance is $ 0.00002556, if you can break it, the next resistance will be $ 0.00002672 and $ 0.00002768 plus $ 0.00002863.
Looking at the CHOP indicator, we can see that in the 4-hour interval some energy was used, while there was some left for the next move.
SHIB Head and ShouldersIf this SHIB Head and Shoulders pattern is confirmed, its measured move is 20%.
Other factors supporting an H&S occurring are price broke below last week's low, price is under the ema ribbon, price is below the Ichimoku cloud, and RSI is in bear territory.
If the trade is triggered by a confirmed Head and Shoulders, using TradingView's VStop MTF indicator is a reliable way to trail your stop.
Best.
Cryptobolic_