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Shibusd

SHIB - About to go PARABOLIC ?🙀📉Hi Traders, Investors and Speculators of Charts📈 From the technical indicator in the weekly timeframe, we can clearly see how the price behaves when it is above the green trendline - parabolic. This means that if SHIBA can continue to close daily candies and the weekly candle ABOVE this trendline, the next likely price action is parabolic increases. The first three zones to watch will be : It's possible to expect corrections alongside the diagonal support line of higher lows. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck COINBASE:SHIBUSD BINANCE:SHIBUSDT
Long
by CryptoCheck-
6
SHIB (Shiba Inu) Technical Analysis & Trade Idea (video)Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA 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.
Short
by fxtraderanthony
SHIB Shiba Inu Price TargetIf you haven`t sold the Bearish Pennant: Nor bought the dip on SHIB: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for SHIB Shiba Inu is the next resistance, $0.00001050.
Long
by TopgOptions
"Shiba Inu: Potential Major Buy Alert!"Shiba Inu Crypto: Testing Major Resistance Amid Falling Wedge Formation In the ever-evolving landscape of cryptocurrency, Shiba Inu has emerged as a notable player, captivating the attention of investors and enthusiasts alike. As the digital currency market witnesses fluctuations and trends, Shiba Inu finds itself at a crucial juncture, testing major resistance levels within the confines of a falling wedge formation. The falling wedge pattern, characterized by converging trendlines sloping downwards, often indicates a potential bullish reversal. Shiba Inu's current price action is emblematic of this pattern, as it navigates the intricate interplay between support and resistance. Chart analysis reveals two significant lines of resistance. The black line, representing the falling wedge resistance, serves as an average barrier, marking the upper boundary of the wedge formation. Meanwhile, the red falling wedge resistance depicts the maximum heights of past corrections' structural highs, offering a more stringent level to breach. Observing the market dynamics, now presents an opportune moment to monitor Shiba Inu closely. The cryptocurrency is on the cusp of a pivotal breakout, with the potential to initiate a bullish cycle. Should Shiba Inu succeed in surmounting the red wedge resistance, it would signal a compelling indication of a bullish resurgence. Breaking above this critical threshold could catalyze a wave of investor confidence and propel the market upwards. However, while the signs are promising, caution remains prudent. Cryptocurrency markets are notorious for their volatility, and Shiba Inu's journey towards a breakout is not without its risks. Traders and investors must exercise diligence and consider the broader market context before making significant decisions. Factors such as market sentiment, regulatory developments, and macroeconomic trends can all influence Shiba Inu's trajectory. As such, a comprehensive approach to analysis, incorporating both technical and fundamental factors, is essential for informed decision-making. Furthermore, it's essential to recognize that technical patterns serve as guides rather than guarantees. While the falling wedge formation suggests a potential bullish reversal, market dynamics can unfold unpredictably. Therefore, traders should remain adaptive and responsive to evolving price action. In conclusion, Shiba Inu's current positioning within a falling wedge formation, testing major resistance levels, signifies a critical juncture for the cryptocurrency. The convergence of technical factors, coupled with the broader market context, suggests that a breakout may be imminent. As investors await confirmation of a bullish surge, vigilance and prudence are paramount. By staying attuned to market developments and exercising careful analysis, traders can position themselves strategically to capitalize on potential opportunities while mitigating risks.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
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.
Short
by fxtraderanthony
"Shiba Inu Crypto: Patience Amid Market Turbulence"Shiba Inu Crypto: Navigating the Current Market Landscape In the ever-evolving world of cryptocurrency, few tokens have captured the attention and imagination of investors quite like Shiba Inu. Launched as an experiment in decentralized community building, Shiba Inu quickly gained popularity, becoming one of the most talked-about cryptocurrencies in recent memory. However, as with any investment, navigating the turbulent waters of the market requires a keen understanding of both short-term fluctuations and long-term trends. Recent developments in the Shiba Inu market have highlighted the importance of patience and a focus on larger trends. Over the past two months, we have witnessed a breakdown in the upward support that propelled Shiba Inu to new heights earlier in the year. This downward trend has led to lows in sight, with the token currently experiencing choppy trading within a falling wedge pattern on the weekly timeframe. For investors seeking to establish a long-term position in Shiba Inu, the current market conditions may present an opportunity to secure a favorable setup. However, it's crucial to approach the situation with patience and a level-headed mindset. Greed can often cloud judgment and lead to impulsive decisions that may ultimately result in losses. Instead of succumbing to the temptation of chasing short-term gains, investors should focus on the bigger picture and let their money work for them over time. By identifying and capitalizing on larger trends within the cryptocurrency market, investors can position themselves for success in the long run. One of the key principles of successful investing is recognizing that markets move in cycles. While short-term fluctuations may be unsettling, they are often part of a broader trend that can present opportunities for those who are patient and disciplined. By maintaining a long-term perspective and avoiding the urge to constantly buy and sell based on short-term price movements, investors can increase their chances of achieving sustainable returns. In the case of Shiba Inu, the current downward trend may be viewed as a necessary correction within the context of a larger bull market. As the cryptocurrency space continues to mature and evolve, it's essential for investors to remain adaptable and open-minded, adjusting their strategies as market conditions dictate. Ultimately, success in cryptocurrency investing requires a combination of research, patience, and discipline. By focusing on the bigger trends and avoiding the pitfalls of greed and impatience, investors can position themselves for long-term success in the dynamic world of cryptocurrency. So, let's stay patient, stay focused, and let our money work for us.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
2
SHIB Shiba Inu Potential Rally Soon!I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article: We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement crypto payments to his new platform, X Payments. So, yes, exciting times ahead! My next price target is $0.00001250.
Long
by TopgOptions
SHIB : Does SHIBA INU Have a Future?🤔📉Hi Traders, Investors and Speculators of Charts📈 Shiba Inu (SHIB) was initially created as a joke, based on the popular Shiba meme. However, unlike prior meme coins such as Dogecoin, SHIB operates as an ERC-20 token on top of the Ethereum blockchain, which means that the Shiba Inu network has access to a range of decentralized applications (dApps). This is one of the reasons that Shiba Inu is often referred to as the “Dogecoin killer.” There is a fixed supply of one quadrillion SHIB tokens but Shiba Inu utilizes a token burn strategy, including manual and automatic burns, to manage token value and stabilize prices. The current circulating supply of Shiba Inu is 589.28T . There is a larger network of cryptocurrency projects built around Shiba Inu, including: 👉 Shibaswap — a decentralised exchange (DEX) 👉 Shibarium — a layer 2 scaling solution for Ethereum 👉 Shiba Eternity — a play-to-earn (P2E) game 👉 Shib.io — the Shiba Inu metaverse 👉 Shiboshis — a non-fungible token (NFT) collection In terms of future prospective, SHIB offers a unique value proposition as a meme-based cryptocurrency that has real dApps built around it. While most meme coins disappear quickly, Shiba Inu has the potential to continue building a community that can stand the test of time. The fact that Shib is still around and has such a large community has to count for something. But let's talk about the biggest problem and obstacle to the price - the supply. In December 2023, Shiba Inu (SHIB) lead developer Shytoshi Kusama has teased that the project might undertake a massive burn soon. According to Kusama, almost $1.2 million worth of SHIB tokens might face incineration. SHIB's burn rate has taken a back seat in 2023, with sporadic, untimely burns occurring randomly. The effect of this is evident on the chart, as the price fails to make new highs under the pressure of infinite amounts of coins/supply/sellers. 💭My personal take is this - Shiba Inu can be traded, and if a big burn occurs it will definitely be bullish for the price... but for how long? For now, the supply is the biggest downside and until the burn-rate is improved, it's a big chance to take based on a "tease". If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:SHIB BINANCE:SHIBUSDT
CRYPTOCAP:SHIB
by CryptoCheck-
1
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames. We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone. It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges. In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon Closing two 4-hour candles above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: here Target1: 0.000010219 Target2: 0.000010866 Target3(Final Target): 0.000011544 Stoploss: 0.000009090 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Long
by MakingMoney444
1
SHIB: Three Hills & a MountainFindings I believe I have discovered a Three Hills & a Mountain pattern on the SHIB hourly and daily charts. I recently posted about the same formation on ApeCoin which gives me the impression that certain altcoins are experiencing similar trading activities while Bitcoin consolidates. Bitcoin appears to be on the brink of a correction which could bring us to the 61.8% Fibonacci level where significant buying pressure should occur and begin developing the third hill. COINBASE:APEUSD Three Hills & a Mountain Publication Trend Analysis Both of the proposed hills are of unequal magnitude which is why I do not believe this is a Three Drives pattern. While there was a brief decline beneath the 61.8% level before forming the second hill, the drop was insignificant and stayed in close proximity. On the 1W chart there is a Double Bottom "W" pattern forming which I have detailed in an earlier publication a few weeks ago; the Three Hills and a Mountain supports the W projection as the price target is around 0.000016. W Pattern Publication The volume is rising with increasing values and the succeeding hill has increasing volume as well, indicating bullish momentum. Should the pattern keep up I believe we will see a large spike in volume within the first half of the third hill. COINBASE:SHIBUSD
COINBASE:SHIBUSDLong
by Shepherd_Investor
SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally: Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week. Some of the biggest asset managers on the entire planet are going to release a BTC ETF: Blackrock $9.3 Trillion Fidelity $4.5 Trillion Franklin Templeton $1.53 trillion Invesco $1.5 Trillion. BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline. I expect the approval to a buy the rumor, sell the news event. Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit. A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.
by TopgOptions