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Shibusd

SHIB Is BullishFrom where we put the green arrow on the chart, it looks like a big bullish triangle is over. By maintaining the green range, it can move towards the targets. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
SHIB/USDT Secondary trend. Channel. 14 months accumulation.Logarithm. Time frame 1 week for clarity of the channel range. 3 weeks ago, there was an exit of the price under the support of the accumulation channel by a large percentage. Many long positions were liquidated. The chart shows the percentages from this reversal zone to the channel resistance, as well as the average profit percentage when exiting this accumulation channel from the average set price to the significant first resistance. This is what the chart of this cryptocurrency looks like on a line chart without the “market noise” volatility. Accumulation Zone. Pump/Dump and compliance with risk and money management. Remember, this is a pamp/dump meme cryptocurrency, which even at -93% down from peak pumping and with a set zone of about 14 months (!) is at an inadequate profit. That's why follow risk management in your work. It is more rational to work on such cryptocurrencies, not with stops (high volatility, slippage at high %, high probability of beaten out before price increase, the large value of stop is meaningless, they can beat out at -2% and -40%), and work from average buy/sell price (only spot!) with reasonable observance of money management.
Long
by SpartaBTC
43
Can SHIBA have its 2020/21 DOGE moment??Shiba Inu (SHIBUSD) is making a strong bullish case this week as not only did it break above its 1W MA50 (blue trend-line) for the first time since mid-August but is also testing the Top of its 7-month Channel Down, all while being supported by the 1W MA200 (orange trend-line). This Channel Down is, on the larger scale, nothing but a Bull Flag, the kind of pattern that precedes aggressive rallies and bullish extensions. In fact if we compare Shiba's Cycle since its October 2021 Top, we see strong similarities with Doge's (DOGEUSD) true expansion Cycle in 2018 - 2021, where it achieved its strongest recognition/ adoption. An (a) top led to a (b- f) Channel Down that priced the Cycle's bottom and after a 1W Golden Cross, it formed the Bull Flat that SHIB is in right now, which initiated its hyper aggressive parabolic rally to the Cycle Top. As a result, being still below its 0.5 Fibonacci retracement level, Shiba is massively undervalued in cyclical terms and technically if the Bull Flag breaks to the upside, the rally that will follow can target the 1.5 Fibonacci extension at 0.00035, just like Dogecoin did in January 2021. Do you think it will replicate this pattern or the market cap would be unrealistic? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SHIBUSDLong
by TradingShot
10
SHIB: Struggling to Break Key ResistanceSHIB has shown a consolidation pattern in the last several hours, trading at $0.00001365, with both the 1H and 4H data indicating weak momentum and slight bearish tendencies. Recent whale activity and general meme-coin market interest have supported SHIB’s price, but technicals show a need for stronger momentum to push the price higher. 1H Chart Breakdown: Weak Momentum and Consolidation On the 1-hour chart, SHIB has been hovering near its Bollinger Band Basis of $0.00001376, unable to gain significant bullish momentum. The RSI at 38.52 signals a slightly oversold condition, while the Stochastic Oscillator (%K at 3.85) is deep in oversold territory, hinting at a potential short-term bounce. However, the MACD is flat, and the ADX at 11.46 indicates a weak trend, suggesting the price might remain in a tight range unless there’s a volume spike. Resistance: $0.00001387 (Upper BB) Support: $0.00001365 (Lower BB) 4H Chart Breakdown: Bearish Momentum Building The 4-hour chart is showing more caution, with SHIB sitting slightly below the Bollinger Band Basis ($0.00001369). The RSI at 49.70 is neutral but points toward a weakening bullish trend, while the Stochastic Oscillator (%K at 25.76) is still in oversold territory, suggesting potential for a brief upward correction. However, the MACD histogram is negative, indicating growing bearish momentum, while the ADX at 12.22 suggests the trend is still relatively weak. Resistance: $0.00001411 (Upper BB, Parabolic SAR) Support: $0.00001327 (Lower BB) Support and Resistance Levels (Across Timeframes): Immediate Resistance (1H & 4H): $0.00001387 - $0.00001411 (Upper BB, SAR level) Immediate Support: $0.00001327 - $0.00001365 (Lower BB) Actionable Strategy: Range-Bound Trading with Weak Momentum Bullish Scenario: If SHIB breaks above $0.00001387 (1H Upper BB), it could attempt a push toward $0.00001411 (4H resistance and SAR level). For traders seeking quick entries, look for a bounce confirmation with rising volume. Bearish Scenario: A failure to hold support at $0.00001365 could see SHIB testing the $0.00001327 level (Lower BB on 4H), and a break below this could open doors to more significant downside toward $0.00001280. Action Point: Given the weak ADX and neutral momentum, consider range-bound trading strategies, setting tight stop-losses around $0.00001327 and aiming for modest profit-taking near $0.00001387.
by MonoCoinSignal
SHIB USDT - FRACTAL Shows Bullish Impulse NextMany altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move: The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading. Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back : __________________________________ BINANCE:SHIBUSDT
Long
by CryptoCheck-
1
4 to 1 Reward vs. Risk $500 SHIBA TRADE AT 20X.Shiba Inu is very popular in Japan, and with the economy spiraling into the depths of despair in Japan right now, it's only a matter of time before the Japanese people will be flooding into assets in an attempt to preserve their buying power. I think Shiba Inu will be one of the beneficiaries of this coming flight to safety. Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer! Good luck!
COINBASE:SHIBUSDLong
by MetaShackle
4
$SHIB support and green zone for buying long and refillI have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance. DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take your profit and control your greed. Meme coins are not for holding long-term—make a profit, sell, and buy another one. We are in a CRYPTOCAP:BTC downtrend, so it's time to catch opportunities. In 2 months, the current prices will look very cheap. An entry at 0.000015 or less is a bargain. Then, just wait 2 months and sell at the top of the altseason.
Long
by CryptoNikkoid
Why I say SHIBA INCREASE is CLOSE We'll take a look at a few methods of chart analysis that ultimately says a Shiba Inu increase season is on the horizon. ✅ RSI The RSI has been fair to low for an extended period of time. We also observe a bottom out on the RSI where an all time low is observed for the year, likely indicating the bottom is in: ✅ V-Shape Recovery A strong V-Shaped recovery is observed in the 4h, indicating buyers were ready to scoop up lower prices: So what are we waiting for? 👉 Technical Indicator In order to send SHIB, we will first need to see the price close ABOVE the trendline, at which point a "BUY" alert will go off: What would invalidate my bullish sentiment, is IF the price is unable to et back above the trendline pointed out above on the technical indicator, and IF we lost the higher lows: _______________________________________ BINANCE:SHIBUSDT
Long
by CryptoCheck-
SHIB: Breakout or Consolidation?The trading volume is 88.414B SHIB, indicating significant market activity. Parabolic SAR indicates a potential bullish trend with the SAR at $0.00001652. The SMA is at $0.00001705, indicating that the current price is slightly above the moving average, which can be a bullish sign. The histogram value is 0.00000011, MACD line is -0.00000001, and the signal line is -0.00000012, indicating a neutral trend but showing signs of a potential bullish crossover. %K at 78.02 and %D at 82.52, indicating near overbought conditions. The RSI stands at 55.80, suggesting that SHIB is in a neutral zone with a slight bullish bias. Market Sentiment The market sentiment for SHIB appears cautiously optimistic. The MACD is showing signs of a potential bullish crossover, while the RSI and Stochastic Oscillator indicate neutral to near overbought conditions. Potential Market Scenarios Bullish Scenario: A decisive break above the dynamic resistance at $0.00001755 could lead to further upward movement, targeting higher resistance levels around $0.00001800. Bearish Scenario: If SHIB fails to break above the dynamic resistance, it could retest the support levels at $0.00001677 and $0.00001598. A break below $0.00001598 could signal further declines. When to Buy SHIB for Investment Current Situation: Given SHIB's current price at $0.00001723 and the technical indicators suggesting potential consolidation or a slight bullish trend, a cautious approach is warranted. Optimal Buying Strategy: Wait for a Breakout or Dip: Watch for a breakout above $0.00001755 for bullish confirmation or wait for a dip towards the solid support level at $0.00001598. Solid Support Level: If the price drops further, the solid support at $0.00001598 is a strong level to consider for investment. Historically, SHIB has found significant buying interest at this level, making it a safer entry point. Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips. Conclusion and Market Outlook SHIB is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential consolidation in the short term, the MACD showing signs of a bullish crossover and overall market activity suggest room for growth. Impact of Bitcoin: It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including SHIB. Monitoring BTC's price action is vital for understanding potential risks to SHIB's price movements.
by MonoCoinSignal
SHIB looks bearishFrom where we placed the red arrow on the chart, SHIB has entered correction. Considering the time of the waves and the price range, the correction seems to be a diametric. The price is expected to reject downwards from the red range. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
SHIB RocketsSHIB is exhibiting strong bullish momentum, with recent price action reflecting a rapid ascent. Key indicators point to robust buying pressure, but significant resistance levels could test the strength of this uptrend. Technical Insights 1. Support and Resistance Levels: • Immediate Support: SHIB has strong local support around $0.00001550. Maintaining above this level is critical for continued upward movement. • Immediate Resistance: The price is approaching solid resistance at $0.00001625. This level could push the price back for a while before any further gains. • Solid Support: If a pullback occurs, solid support lies at $0.00001450, which could act as a foundation for another rally. 2. Momentum Indicators: • Stochastic Oscillator: Both %K and %D lines are in the overbought territory, suggesting that a pullback or consolidation might be imminent before the next upward move. • Relative Strength Index (RSI): The RSI is above 70, indicating overbought conditions. This could lead to a short-term correction or consolidation period. 3. Moving Average Convergence Divergence (MACD): • The MACD is positive, with a bullish histogram, indicating continued upward momentum. However, the market may see some short-term fluctuations. Most Probable Market Scenarios 1. Bullish Continuation: • If SHIB can break and hold above the immediate resistance at $0.00001625, the next target could be higher resistance levels, potentially around $0.00001800. • Sustained buying pressure and high trading volumes would support this scenario. 2. Pullback and Consolidation: • Given the overbought conditions indicated by both the RSI and Stochastic Oscillator, a pullback to around $0.00001550 or even $0.00001450 could occur. This would provide a healthier base for future gains. • Maintaining above these support levels is crucial for preserving the bullish outlook. Outlook SHIB is in a strong uptrend with bullish momentum. Traders should watch for potential pullbacks to key support levels, which could present buying opportunities. Breaking through the $0.00001625 resistance will be pivotal for continued upward momentum towards higher targets. Summary: • Short-term: Bullish but watch for potential pullbacks due to overbought conditions. • Mid-term: Holding above $0.00001550 support is key; breaking above $0.00001625 could target $0.00001800. • Long-term: Sustained bullish momentum depends on overcoming significant resistance levels and maintaining high RSI.
by MonoCoinSignal
Potential Bullish Reversal for SHIB Shiba InuIf you haven`t bought SHIB before the breakout: Nor sold the top: Now upon analyzing the chart pattern of SHIB Shiba Inu, it appears that a falling wedge formation is currently in play. This pattern is characterized by converging trendlines sloping downward, with a series of lower highs and lower lows. In technical analysis, a falling wedge is typically interpreted as a bullish reversal pattern. The falling wedge on SHIB suggests that despite recent declines, there is potential for a bullish breakout. As prices continue to oscillate between narrowing support and resistance levels within the wedge, there is anticipation among traders and investors for a potential upward movement. This pattern often signals a gradual weakening of selling pressure and a potential shift towards buyers gaining control.
Long
by TopgOptions
Monthly Chart path for BTC 👩‍🚀HalvingIt's been a long while since I posted one of these so here goes! This is an updated monthly overview on the idea path for the Halving event, many people have their opinion and they have some great points to where it may or maynot be headed. So here is my entry to where it may likely start the full process for the halving to work it's way to the 120k or 200k range. Please be respectful in the comments and happy trading. It took sometime to create the paths for it but here is my thoughts on the event, expect to drop as low as 50k to 45k up until june 1st. that's when the possible buildup for the event will take place. the market has to count all the orders but likely they'll be some great resistance to prevent further bleed-out but likely will fall to the 50k BTC - .00001200 for shib, before suddenly skyrocketing to the 70 - 80k or 90 to 120k as told by the events amount to be expected is 120k. Note: it will either sit there for a short time before falling back to the 80k - 60k - range while resistance will be present the price correction will be a straight flat line to the lows of possible 20k to 10k BTC levels. this is due to Whales making a "sell all play" on BTC and shib cashing in on the millions obtained, and much of the market will likely do the same, as they see a new type of crypto winter. take over the market until early september 2025. This is only speculation but this is also from experience with both cryptos the whales will make that sell-off happen and it will be painful to everyone holding come sept 9th this year. So buy which crypto you want around June or now if you like, hold for the time being and wait for the event to build from the fresh entry it takes about a month or even two months to see results. The only thing that could delay or derail this - would be if the Federal Reserve Bank decided to do price hikes within the months of June and October 2024, hopefully that won't be the case. BTC WEEKLY CHART Halving event. I hope this helps answer any of your questions.
Long
by Grandmaster_Oz
8