"Let's be realistic with SHIB" - Is 2400% realistic enough ?#SHIB/USDT #Analysis
Description
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+ SHIB is currently looking to breakout from its resistance zone
+ I see a clear bullish divergence with the RSI and price. Overall SHIB is showing a bullish signs
+ For the long term trade, i'm planning to enter a position at the current price.
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VectorAlgo Trade Details
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Entry Price: 0.00001133
Stop Loss: 0.00000767
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Target 1: 0.00001371
Target 2: 0.00001601
Target 3: 0.00001956
Target 4: 0.00002466
Target 5: 0.00002976
Target 6: 0.00003944
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Timeframe:1W
Capital: 1-2% of trading capital
Leverage: 3-7x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
SHIBUSDT
SHIBUSDT | 1-2-3 Wave projection - Pullback Position +75%A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar.
If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+
weekly MACD: doubled bullish divergence at the pivot point, golden crossed and above baseline supporting the uptrend continuation when retesting the baseline.
SHIB: scalp in M15📊Analysis by AhmadArz:
🔍Entry: 3645
🛑Stop Loss: 3437
🎯Take Profit: 3955-4216-4455
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Alikze → SHIB | Completing ascending micro waves 3According to the analysis of the previous post, it climbed to the supply area after the exit of the density. In the 12h time, after the support in the green box area, it is completing the 2 out of 3 microwaves. This current wave, with the support of the green box, has the ability to reach the supply area, and then the 0.78 Fibo target, and then the 0.00001401 target. had
Note: Note that there is a double correction in the weekly time that has been completed and is in ascending guard, which I will send step by step updates.
Analysis invalidity: below the green box area
🟩Sup:Green box
⛳️Tp 1:0.00001060 - 0.00001089
⛳️ Tp2 :0.00001178
⛳️ Tp3 :0.00001401
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SHIB has a very good Investment opportunity Hi Everyone;
today we have a memes coin
it has more than 187 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
I don't recommend investing too much money in memes coins because of the High volatility.
SHIBUSDT(Shiba Inu) Daily tf Range Updated till 05-03-24SHIBUSDT(Shiba Inu) Daily timeframe range. it had insane amount of continuous pump. outperforming many things at once. easiest profit one can made. now trying against 0.00004006 a retrace would not surprise me at this point but it still have enough fuel do more carnage.
MEMECOINS TO THE MOON ?! 0.0005$ FLOKIUSDT COMING !!!Hi Guys!
Before starting the analysis, I want to say two things
First of all , because I am not a premium user, I have to analyze in higher time frames , which of course has a lower percentage of errors , but it is more difficult to understand!
Second , I personally am not interested in meme coins and I don't think they are very predictable based on the price chart.
Well, to predict the price behavior of BINANCE:FLOKIUSDT and most of these meme coins
I think the first point is to wait until the weekly candle closes and make your decision then .
The first scenario is that the price will break the specified resistance area in the range of 0.00004 to 0.000045 with power and momentum, and the next candle will open completely above the broken resistance.
In this case, for a low-risk buy position, we wait for a pullback at the broken Resistance and make our Buy there. In this case, our Stop loss will be activated below the broken resistance.
The second scenario assumes that the upward trend of the market will be maintained, especially for Bitcoin . If the price is rejected from the specified resistance and returns to the previously broken trend line, in this case, the low-risk buy position is at the pullback point to the broken trend , and in this case, the stop loss is activated at a price of 0.000015 to 0.00002.
And The price targets are specified in the chart as follows
Short-term TP
0.00007
Mid-term TP
0.00011 / 0.00022
Long-term TP
0.00030
And in case of parabolic price movement, maybe up to 50 times prices (very, very low probability)
Shiba Inu Technical Analysis: Consolidation or Breakout?Current Situation:
Shiba Inu has entered an accumulation zone, indicating a period of consolidation where buyers and sellers are reaching an equilibrium.
Despite facing resistance just above this zone, Shiba has managed to regain some of its strength.
The price is currently hovering around its 10-day moving average, a key technical indicator.
Potential Moves:
Breaking above the Trendline (TT Line): This could lead to a downward channel breakout, potentially lowering the price range. ⬇️
Breaking above the MACD Signal Line (Green Line): This could signal a bullish breakout, leading to a potential price increase. ⬆️
Breaking below the RSI Support Line (Blue Line): This could indicate a loss of momentum, potentially leading to a price decline. ⬇️
Additional Observations:
Rising Trading Volume: The recent increase in trading volume suggests heightened volatility in the near future.
Potential for Uptrend: Based on the rising volume, there's a chance for Shiba to climb toward the next weekly resistance level if it moves.
Overall:
From a technical analysis standpoint, Shiba Inu is currently in a consolidation phase. The direction of the price will depend on whether it breaks above or below key technical levels like the TT Line, MACD Signal Line, and RSI Support Line. The increased trading volume suggests a potential for significant price movement in the coming days.
This analysis is for informational purposes only and should not be considered investment advice. Please conduct your own due diligence before making any investment decisions
SHIBUSDT.1DBased on the provided market data, SHIB is currently trading at 2192 USDT. The Relative Strength Index (RSI) is an indicator that measures the speed and change of price movements. An RSI above 70 typically indicates that the asset may be overbought, suggesting a bearish price movement in the future. The RSI for SHIB is 76.99 for 4 hours, 100.04 for 1 day, and 86.34 for 7 days, suggesting that the asset is currently overbought.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD for SHIB is 26 for 4 hours, 214 for 1 day, and 99 for 7 days. This suggests bullish momentum in the short term.
The Bollinger Bands (BB) are a volatility indicator that creates a band of three lines which are plotted in relation to a security's price. The middle band is a simple moving average that is usually set at 20 periods. SHIB's BB for 4 hours, 1 day, and 7 days are all at 2637, indicating high volatility.
The support levels are the levels at which the price rarely falls below for a certain period, while the resistance levels are the levels the crypto price seldom surpasses. These levels can be used to identify potential buy and sell opportunities. For SHIB, the support and resistance levels vary across the different time frames.
In conclusion, based on the technical indicators, SHIB appears to be overbought, indicating a possible bearish trend in the future. However, the MACD suggests a bullish momentum in the short term. Given the high volatility indicated by the BB, it might be a risky investment. As always, it's important to do your own research and consider your own risk tolerance when investing in cryptocurrency.
SHIB Shiba Inu Massive Correction SoonIf you haven`t bought the dip on SHIB Shiba Inu:
Now, at an RSI exceeding 96, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 80 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00001400, corresponding to the 0.618 level!
#SHIB/USDT#SHIB
The price has been moving in a very orderly manner since the beginning of the year.
Inside a strong bearish channel, the price has always respected Trends.
Recently the Moving Average 100 was broken.
We are about to break the downtrend.
Current price is 0.00000860.
First goal: 0.00001160
Second goal 0.00001492
This represents 300% of the current price.
Supported by upward momentum from the market.
Shiba Inu: Potential +95% from Wedge Breakout!Hello dear traders!
Your support means the world, so smash that like button to keep the motivation flowing! 💙💛
BINANCE:SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773.
Now, about the Falling Wedge: it's a pattern on a price chart that typically indicates a reversal or bullish continuation. Imagine a wedge sloping downward, and BINANCE:SHIBUSDT breaking out of it is like a springboard for potential gains.
For safety measures, consider setting a stop loss below 800 . This step is all about protecting your investment. Also, think about using a lower-risk position size – it adds a layer of security to your overall strategy.
Here's to successful trading!
If you have any questions or need more insights, feel free to ask.
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.
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CryptoCheck
COINBASE:SHIBUSD BINANCE:SHIBUSDT
Shiba Inu Price Soars Towards Critical Resistance!Shiba Inu Price Analysis: Approaching Key Resistance Level Amidst Bullish Momentum
The world of cryptocurrency is always filled with excitement and anticipation, and one coin that's been grabbing attention lately is Shiba Inu. With its adorable dog-inspired branding and a passionate community of supporters, Shiba Inu has been making waves in the digital currency space. Today, we'll delve into its recent price action and what the future might hold for this canine-themed coin.
The Price Surge:
In recent weeks, Shiba Inu has been on an impressive upward trajectory, with its price heading vertically towards a critical resistance level. As of now, it's approaching the multi-year lows resistance level of 0.00001194. This level holds significant importance as a breakout here could potentially mark the beginning of a bullish cycle for the coin.
Technical Analysis:
Those closely following Shiba Inu's price movements may have noticed the formation of a compelling pattern. Previously, there was mention of the falling wedge breakout play, particularly around the 0.00000900 mark. This pattern signaled a potential reversal in the coin's fortunes, providing favorable entry points for traders looking to capitalize on the upward momentum.
Strategic Positioning:
For seasoned traders, identifying optimal entry points is crucial, and the recent price action has provided just that. With higher lows being consistently formed, many have secured positions within the falling wedge pattern, anticipating a sustained bullish trend. These strategic positions offer the potential for long-term gains, albeit with the acknowledgment that market dynamics can always surprise.
What's Next?
As Shiba Inu approaches the critical resistance level, traders are keeping a close eye on its ability to break through with convincing volume. For those considering entry at this juncture, caution is advised. Waiting for confirmation of a breakout and ensuring volume supports the move can mitigate risks associated with entering at potentially overbought levels.
Risk Management:
In the volatile world of cryptocurrency trading, risk management is paramount. While the bullish momentum may be enticing, it's essential to have a clear exit strategy in place. Should the price fail to sustain above the resistance level, traders should be prepared to cut losses and reassess their positions.
Conclusion:
Shiba Inu's recent price surge has captured the attention of traders and enthusiasts alike. With the coin approaching a key resistance level, the possibility of a breakout looms large. However, prudent risk management and strategic entry points remain essential in navigating the unpredictable waters of the cryptocurrency market. As always, staying informed and adaptable is key to success in this ever-evolving landscape.
SHIB ANALYSIS (4H)SHIBA can move towards the specified targets on the chart by maintaining the green range.
It seems to be in a range and is fluctuating.
Closing a 4-hour 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
The bears are a tasty snack for the bulls to eat!It seems there are no bearish signals left for SHIBA to hinder a potential upward trend at this juncture. Taking a risk, I've decided to invest in 200 million SHIBA COINS. The sky appears to be the limit; once it surpasses certain minor resistance levels, SHIBA could soar to unprecedented heights. I'm intrigued to see how this unfolds in a year from now.
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.