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SHIB/USD - Shiba Inu Gears Up For A Major Announcement | LONG 🔔Shibas in the Metaverse? In what seems to be a never-ending tease, the Shiba Inu (CRYPTO: SHIB) has announced a major event slated for March 30. The beloved meme cryptocurrency that takes its moniker from the cuddly dog of the same name, has kept followers on their toes with repeated hints and teasers, but has yet to reveal what the big news is. While it’s hard to know what could be in store, speculation is rife online. In fact, the anticipation of what the announcement could be about has kept Shiba Inu’s price climbing. The meme coin that trades for just fractions of a penny has gained more than 25% over the past week and more than 32% since March 15. At last check, SHIB was trading down 5.6% at $0.000027. The coin hit an intraday high of $0.000029, according to data by Coinmarketcap. Important SHIB developments Recent days have witnessed some important developments on the global adoption of the popular crypto mascot. Shiba Inu is now available on Netcoins, a Vancouver-based online cryptocurrency brokerage. Netcoins allows Canadians to buy, sell and hodl different types of cryptocurrencies. They are also the first publicly-owned crypto trading platform in Canada that is fully regulated. Now you can own one of these adorable Shiba Inu pups yourself by trading on Netcoins. Netcoins by the way is also working on its U.S. expansion plans. Along the same lines, crypto enthusiast fashion designer John Richmond announced on March 16 plans to introduce SHIB and LEASH burns for its online shop. The adoption between a decentralized cryptocurrency and a global fashion brand is being seen as an important and innovative step in the fashion world. John Richmond however, is not the only brand adopting SHIB. NowPayments, a cryptocurrency payment gateway, has also introduced Shiba Inu as payment at Italian burger chain Welly’s and pizzeria Sorbillo. Another recent development is that of Etherscan data, a website tracking transfers made by Ether (ETH) hodlers, showing a “whale” – large market players in the crypto markets – buying last week more than 200 billion Shiba Inu tokens for nearly $5 million. Also, IntoTheBlock data shows Shiba Inu whales’ activity jumping 349% in the last 24 hours. Large transaction spikes are usually caused by institutional investors. These transactions involve more than $100k per transfer. Meanwhile, Crypto Planet (CP) speculates that based on several social media posts, the March 30 announcement could be a Medium post about the Shiba Inu metaverse – an innovative virtual reality platform that allows users to interact with each other in a completely immersive environment – focused on the map and Lands sale. In fact, Shiba Inu’s Twittter account stated: “ShibArmy, the world is full of things more powerful than us. But if you know how to catch a ride, you can go places.” CP also notes that they have also seen some speculation that “the Land sale could happen with a listing on OpenSea,” the most popular place to buy Non-Fungible Tokens (NFTs). Whatever the announcement turns out to be, one thing’s for sure – the Shiba Inu will have everyone talking!
COINBASE:SHIBUSDLong
by FOREXN1
3
💥SHIBA INU UPDATE❕❗Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As explained in my last idea, I said we need an upward breakout from the falling wedge pattern to confirm a bullish move. Fortunately, price broke upward. On today’s chart, price broke out from a support zone at $0.00002550 and it’s in a pull back to the support. Once the pullback is done, I expect shibainu to start the new uptrend. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
SHIB is gonna Increase From now on!🌳SHIB has been in a Symmetrical Triangle & Recently The Break out has Happened. This Bullish Break out has Determined Trend For Symmetrical Triangle & Means We can See It Fly! 3300 Is the Next Resistance for Shiba! The Price also Managed to Break the Bearish Trend Line So This means the Break out was Pretty Strong! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
12
SHIBUSDT buy opportunities and accumulation period SHIBUSDT trade hit overall 1501% profit. Now trade is in the supporting area as shown by yellow area as accumulation period as we mentioned before. Final entry for buy position will be between 38% -23% fib level.You can take entry at lowest level. So far trade is running according to our respected analysis. Trade will boost up as it crosses final resistance area to break which accumulation area as shown in the graph and for more information you check our old analysis. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.
by AussieLeader
1
SHIB - When will the downtrend stop? ✅Let's see how SHIB is behaving. This is a 4H chart. (Mid Term) SHIB is consolidating, and it's still in the downtrend. There are three layers of resistance on the way up, and if you're holding and wondering where this downtrend can end, the last level of resistance can be a game-changer for this coin. Support levels: $0.00002227 Resistance Area: $0.00002554 Bollinger Bands can work as support and resistance too. Here is an example: The market is showing NEUTRAL volumes for SHIB. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Upper Bollinger Band can push down the value, and the Middle band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that SHIB is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.00002371 Let me know your ideas. Good luck.
by ShawnMCR
3
SHIBA INU AT BREAKOUT POINT🚀Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ Hope for shibainu✊🏽✊🏽✊🏽 Here is price at the tip of the falling wedge. An upward breakout from this falling wedge will take price to ATH but a downward breakout will take price back to the trenches. We already have a slight breakout from the upper trendline. If it turn out to be a successful breakout, then shibainu will do well this time. Also, this pattern looks like a possible cup and handle pattern. If this should play out, price will rise above ATH. Will price break upward or downward? What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
12
SHIBA Next Res test could be the last. Potential +400% move.This is an update to the pattern I published for SHIBUSDT on February 07: As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone. This consolidation pattern continues to mirror the very same June - September 2021 accumulation phase, which paved the way for the massive October rally. As you see, even the 1D RSI sequences are identical. In our opinion, the next test of the consolidation's Resistance level, will most likely be the last. A 1D MA50/ MA100 Bullish Cross, would confirm that, much like it did on September 18th 2021. So far the top of the Channel Up (Fibonacci level 1.0) has been priced the two historic Highs. A similar rally means potentially a +400% profit potential from the current levels, above 0.00011 !! -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
5
SHIB, what will happen after the breakdown of the trend line?After touching the trend line, we did not see a strong buyer reaction! The price will probably be able to break through this trend line and approach the first key level. If there is weak support from the buyer at this level, the next level will be a strong support. From the level of the local minimum - $0.00001704, you can look for good opportunities to take long positions. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
8