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Shibusd

SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here: Or sold it here: Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline. Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities. My price Target for SHIB is $0.00000500. Looking forward to read your opinion about it!
Short
by TopgOptions
3
SHIB Continues Downward TrendDue to the continued selling pressure in the market, SHIB continued its downward trend within a specific range. This trend persisted even after breaking the bottom of the channel, eventually reaching its lowest historical range at the price of 0.0000055 to 0.0000060 dollars. It is worth noting that this range served as the bottom of a channel range in 2020, where Shiba experienced remarkable growth of over 1000% due to increased demand within that range. However, the recent price action has brought about significant developments. The level between $0.0000070 and $0.0000078, which was a previously strong support, was broken by a strong bearish candle. As a result, this level has now turned into a resistance. If the price reaches this range, a negative reaction is expected. Furthermore, there was a notable 20% reaction within the support range mentioned earlier. This indicates that both the power of buyers and sellers were substantial, suggesting the potential formation of a range channel between the considered levels. The RSI level, currently at 19, further supports the negative sentiment surrounding SHIB. An RSI value below 30 indicates oversold conditions, suggesting that SHIB may be undervalued and due for a potential price correction or reversal. Therefore, while the possibility of a price rebound or shift in sentiment exists, as oversold conditions can sometimes lead to buying interest and subsequent recovery, it is important to note that the overall trend remains negative. There has been no observed change in the trend to an upward mode, and the momentum remains decidedly negative.
by MonoCoinSignal
2
Resistance Breakout Challenge and Downward Trend ReturnThe SHIB token has encountered difficulty in surpassing the resistance level in recent weeks, failing to achieve a decisive breakout above the $0.00000890 threshold. Ideally, a confirmation candle should have followed this breakthrough, but instead, a notably bearish candle emerged. Consequently, the overall downward trend of Shiba Inu has persisted, leading it back to the lower boundary of a short-term descending channel within the $0.00000780 range. Maintaining support within the crucial $0.00000780-$0.00000700 range is of utmost significance for Shiba Inu, as successfully doing so could facilitate a robust recovery for the cryptocurrency. Presently, the price remains approximately 12% above the lowest point of this support range. However, a breach of this support level, as previously mentioned, would indicate an extended period of decline for Shiba Inu. Should Shiba Inu demonstrate positive responses at its current support level, there is potential for growth following the establishment of a range-bound trend.
by MonoCoinSignal
10
Shiba Inu SHIB and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. SHIB/USDT Entry Range: $0.00000800 - 0.00000910 Price Target 1: $0.00000990 Price Target 2: $0.00001100 Price Target 3: $0.00001260 Stop Loss: $0.00000700
Long
by BuySellMarketMaker
SHIBUSDT, in accumulation phase and is getting ready🦬Hello guys, Everything is clear on the chart for you like always. Shiba has been in trade range and heavy accumulation after the decreasing phase, so the ascending phase will start soon. You can consider it and monitor the price's actions in the circle to enter or increase your Shiba tokens. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. Shiba baad az ravande nozooli dar ye nahiye reng va anbasht sangin gharar dard va bezodi faaze so'odi ro shoro mikoneh. dar zaman rizeshe bazar raftar gheymat dar dayere ro rasad konid baraye vorode jadid ya ezafe kardan be Shiba hayetan. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
3
Shiba Inu SHIB Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier. Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market. SHIB/USDT shot Entry Range: $0.00000950 - 0.00001050 Price Target 1: $0.00000900 Price Target 2: $0.00000810 Price Target 3: $0.00000720 Stop Loss: $0.00001250
Short
by BuySellMarketMaker
Simple and clean trading strat for BTC and SHIBQuick and simple.... I will be buying at the positive 1st crossing of the 50MA on the 4hr chart timeframe, and selling at the negative 1st crossing of the 50MA on the 4hr chart timeframe for BTCUSD BTC and SHIB SHIBUSD . It is very important to know that there is no silver bullet trading indicator or method... over time all indicators or methods decouple from their previous accuracy. The trick is modifying them when they do and finding what works now that the environment has changed a bit. for me that is the 4hr chart and price relation to the 50MA.
COINBASE:SHIBUSDLong
by TheStockMarketSniper
Shiba Inu SHIB Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12. The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump. This is my scenario for Shiba Inu: SHIB/USDT shot Entry Range: $0.00001000 - 0.00001100 Price Target 1: $0.00000950 Price Target 2: $0.00000870 Price Target 3: $0.00000800 Stop Loss: $0.00001250
Short
by BuySellMarketMaker
shib d1 compression falling wedge buy low tp 200%🔸Hello traders, let's review the daily price chart for SHIB today. We got strong ongoing accumulation in compressed range since april 2022. Trading in well defined range and chart looks good. Range highs set near 1612 and range lows set at 850. Compression into falling wedge in downtrend indicates reversal potential in this market. 🔸Expecting one final pullback before a breakout of the sequence of lower highs later. Bulls should focus on buying low later after the pullback is over near 750/800. 🔸Recommended strategy SHIB bulls this is BUY/HOLD setup, patience is required. best reload bulls near 750 later after the pullback. buy/hold setup with 200% upside potenial. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
COINBASE:SHIBUSDLong
by ProjectSyndicate
41
Can 🦊Shiba Inu🦊 escape from the Descending Triangle❗️❓Shiba Inu has formed a 🚩descending triangle🚩. If the lower line of the descending triangle of Shiba Inu is broken, it can fall to 🎯$0.00000905🎯 (More possible). If the upper line of the descending triangle is broken, Shiba Inu can grow to the 🔴resistance zone ($0.0000117-$0.00001198)🔴. Shiba Inu Analyze ( SHIBUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
5
Volatility Period: Around April 15thHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SHIBUSDT chart) (1W chart) The key is whether you can rise with support within the section consisting of the HA-Low and HA-High indicators. To do that, we need to make sure we can get support around 0.0000 1003 to 0.0000 1098. (1D chart) It is sideways in the range of 0.0000 0872 to 0.0000 1279. It is important to be supported and able to rise in the middle of this sideways section, around 0.0000 1003 to 0.0000 1098. If the price stays above the 0.0000 1279 - 0.0000 1348 range, I would expect it to lead to an attempt to break above the 0.0000 1527 - 0.0000 1618 area. If it rises above the 0.0000 1527 ~ 0.0000 1618 section, I think it is highly likely to show a full-fledged uptrend. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
1