Trading Signal For SHIBUSDT Trading Setup:
A Trading Signal is seen in the SHIBUSDT SHIBAINU (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.00001702
⭕️SL @ 0.00001540
🔵TP1 @ 0.00002037
🔵TP2 @ 0.00002298
🔵TP3 @ 0.00002691
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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SHIBUSDT
Is SHIB (Shiba Inu) the Next Big Player in the 2024 Bull Market?
Shiba Inu (SHIB), the popular meme coin, has been making significant strides in the cryptocurrency market. While it may not be as widely recognized as Bitcoin or Ethereum, SHIB has garnered a dedicated following and has shown remarkable resilience. As the 2024 bull market unfolds, several signs suggest that SHIB could emerge as a dominant force, potentially triggering a 90% price surge.
1. Strong Community and Social Media Presence:
One of the most significant factors driving SHIB's potential is its passionate and active community. The SHIB Army, as they are known, has been instrumental in promoting the coin and generating significant buzz on social media platforms. This strong community support has helped SHIB maintain its relevance and attract new investors.
2. Technical Analysis and Chart Fractals:
Technical analysis provides valuable insights into potential price movements. Chart fractals, which are recurring patterns in price charts, can be used to identify potential future price trends. Recent analysis of SHIB's chart suggests that the coin may be forming a bullish pattern, similar to historical patterns that preceded significant price surges.
3. Layer-2 Solutions and Ecosystem Expansion:
Shiba Inu has been actively exploring Layer-2 solutions to enhance its scalability and transaction speed. By leveraging these technologies, SHIB can address the limitations of its underlying blockchain and attract a wider range of users and developers. Additionally, the expansion of the Shiba Inu ecosystem, including the development of new projects and partnerships, can further fuel its growth.
Potential Challenges and Risks:
While the future of SHIB appears promising, it is essential to acknowledge potential challenges and risks:
• Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur without warning. Investors should be prepared for potential price fluctuations.
• Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any unfavorable regulatory developments could negatively impact the price of SHIB.
• Competition: The meme coin market is highly competitive, and the emergence of new and innovative projects could divert investor attention away from SHIB.
Conclusion:
Shiba Inu's strong community, promising technical analysis, and ongoing development efforts position it as a potential breakout candidate in the 2024 bull market. However, investors should approach SHIB with caution and conduct thorough research before making any investment decisions. By understanding the risks and rewards, investors can make informed choices and maximize their potential returns.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
SasanSeifi| Can We Expect a Rebound Above Key Resistance Levels?Hey there, ✌ BINANCE:SHIBUSDT On the 4-day long-term time frame, after breaking a strong support at the 0.000018 cent level, the price experienced a significant drop, reaching the 0.000010 cent range. Currently, the price is trading in a range around 0.000014 cents, and it’s important to note that it remains below the 200-day Exponential Moving Average (EMA). As long as the price is trading below the 200 EMA and the key supply zone between 0.000016 and 0.000017 cents, the overall outlook stays bearish.
At the moment, the price is moving toward the key supply zone. If the price gets rejected and momentum weakens at this level, and we receive a sell confirmation (SELL) on lower time frames, the likelihood of a downward move toward targets like 0.00000945 cents increases.
On the other hand, if the price manages to break and hold above the key level and the 200 EMA, further price growth towards targets of 0.000020, 0.000023, and 0.000025 cents is possible.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?
Shiba Inu (SHIB), the popular meme coin, maintained its steady price trajectory on Wednesday as the broader cryptocurrency market experienced a rebound. While most meme coins, including Dogecoin (DOGE), bounced back from recent declines, SHIB held its ground, hinting at a potential bullish trend.
Golden Cross on the Horizon
One of the most intriguing developments for SHIB investors is the looming golden cross pattern. This technical analysis indicator occurs when a short-term moving average (MA) crosses above a long-term MA, signaling a potential bullish trend reversal. In the case of SHIB, the 50-day MA is approaching a crossover with the 200-day MA, which could ignite a significant price surge.
Why SHIB Might Soar Higher
Several factors could contribute to a potential rally in SHIB's price:
1. Increased Burn Rate: A recent surge in the SHIB burn rate, which involves permanently removing tokens from circulation, has boosted investor sentiment. As the supply of SHIB decreases, its potential value could increase.
2. Community-Driven Initiatives: The strong and active Shiba Inu community continues to drive innovation and support the project. Community-led initiatives, such as SHIB: The Metaverse, can attract new investors and fuel price growth.
3. Market-Wide Bullish Sentiment: A broader cryptocurrency market rally, fueled by positive news and regulatory developments, could benefit SHIB and other meme coins.
4.
Analyst Predictions and Potential Upside
Cryptocurrency analysts are increasingly bullish on SHIB's future. Some experts predict a 10-fold surge to its yearly peak, while others anticipate a massive bullish wave following recent price gains. These optimistic forecasts highlight the potential upside for SHIB investors.
Cautious Optimism
While the technical indicators and analyst predictions are promising, it's essential to approach investing in SHIB with caution. The cryptocurrency market is highly volatile, and meme coins are particularly susceptible to sudden price swings. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
Conclusion
Shiba Inu's steady price action amidst a broader market recovery and the impending golden cross pattern suggest a potential bullish future. Increased burn rates, community-driven initiatives, and a positive market sentiment could further propel SHIB's price. However, investors should exercise prudence and diversify their portfolios to mitigate risks.
SHIB/USDT: BREAKOUT ALERT! LONG TRADE SETUP!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
SHIB is looking strong! It’s broken out of the symmetrical triangle on the 4-hour time frame, with a successful retest. Consider a long at the current price, adding more on dips.
Entry range: Current Price (CMP) and up to $0.0183
Targets: $0.0209 / $0.0224 / $0.0245 / $0.0262
Stop Loss: $0.0174
Leverage: Low leverage (Max 5x)
What’s your take on SHIB’s price action? I’m seeing a solid bullish setup here! Share your insights and analysis in the comments below!
SHIB some educational point for investors (educational)Hello and greetings to all my valued followers and crypto enthusiasts. In this IDEA, I aim to provide some educational points and overview of the SHIBUSDT’s position. 🙌🐋
The SHIB token is one of the loudest tokens in the crypto market over the past few years, especially during the peak of the crypto market. It was a time when many investors flooded into the market, and this token experienced a significant explosive price increase.
It had a large community and a very powerful tool known as media, which resulted in a massive influx of capital over a few months. Buyers at various levels and stages were purchasing this token, and their wallets saw beautiful positive green numbers, realizing substantial profits. However, before they could withdraw these profits, just like what happens to most of these upward explosions, they fell into doubt and uncertainty.
This capital, like layers of sedimentary rocks formed at the bottom of the sea, became trapped and stagnant in the same purchased assets.
As I mentioned, contrary to the potential this token has, it has fallen into a deep sleep, and to emerge from this slumber, a new influx of capital is needed. Nevertheless, it still holds great potential for growth.
The point I want to emphasize today, or rather share from my personal experience, is to sometimes embrace the events that occur in life and give a new color to your path with this acceptance. Financial markets, much like life, embed the psychology of human beings in every layer.
If you encounter failure or loss, stopping your losses at any moment is a golden win for you. I’ll keep my words short to have a deeper impact on you; just think carefully about my words and don’t repeat my past experiences.
Now, I’ll provide a brief summary of the upcoming trend for the SHIB token: the price of this token is currently experiencing a range and calm cycle similar to most market trends, and with a new influx of capital, we can expect a good price increase.
Summary: learn to accept your mistakes and cut the loss as soon as possible, don't steak to your pleasant moment happened in the past and respect this as well in crypto market too.
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Shiba Inu gears up for a surge: analysisShiba Inu (SHIB) has shown strong bullish signals, recently breaking out from a falling wedge pattern on its daily chart. This breakout suggests a potential shift in momentum for SHIB as it pushes toward higher levels.
At press time, SHIB trades around $0.00001735, up 3.21% over the last 24 hours.
The token now faces immediate resistance at $0.00001911, with a more challenging barrier at $0.00002869. Therefore, a successful breakthrough could confirm sustained bullish momentum.
SHIB’s recent breakout from a descending wedge pattern, a classic bullish reversal, hints at renewed strength. The chart reveals SHIB nearing its first resistance at $0.00001911, and momentum indicators seem to support this upward trend. Should Shiba Inu clear this level, it will then face a stronger barrier at $0.00002869.
Consequently, breaking through both could indicate a longer-term bullish trend, potentially drawing more market interest. However, this setup will need follow-through momentum—can SHIB capitalize on this breakout?
Analyzing SHIB’s Stochastic RSI reveals an optimistic picture. The Stochastic RSI sits at 27 (blue line) and 20 (orange line), hinting at an oversold condition that often precedes a price rebound.
Additionally, the MACD supports this momentum shift. The MACD line is approaching zero, showing early signs of a bullish crossover. Therefore, the combination of the Stochastic RSI and MACD signals points to potential buying pressure.
With strong technical support from indicators like the Stochastic RSI, MACD, and a bullish long/short ratio, SHIB appears poised to continue its upward trend.
If SHIB can break through the critical resistance levels at $0.00001911 and $0.00002869, it is likely to sustain its rally and possibly attract greater market interest. For now, SHIB seems ready to push higher and could solidify its bullish momentum in the near term.
#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin.
In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets.
After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999.
Also invite you to benefit from my Bitcoin setup and analysis...
Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link :
According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌
In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉
#SHIB/USDT#SHIB
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.00001721
Entry price 0.00001742
First target 0.00001812
Second target 0.00001876
Third target 0.00001976
SHIB, Preppin for BIG MOVES, and that's an understatement!SHIB is starting to register massive net buy volume this week -- and we're only half way of the week. Based on metrics, the coin is starting to shift trend on longer time spectrum with surging net positions in play.
SHIB is currently sitting at 1.0 FIB LEVEL. This is beyond bargain/discount factoring in longer timeframe -- which makes the current level more appealing price entry-wise.
It is currently hovering at a 2-year longstanding strong major support of 0.0000070-0.0000080 level. This should be a firm base for the incoming series of ascend.
Histogram gap jump height is unusual -- conveying anticipation of a significant upside price valuation.
Bubble up volume (bottom indicator) re-appeared after almost 3 months, first one since April 2023. Price movements are thinning out -- ripe for break.
Spotted at 0.0000080
TAYOR.
Safeguard capital always.
SHIBA - Bearish Signal | Weekly TimeframeShiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe.
This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH:
We've seen something similar previously, leading to a near -60%drop. Although I really doubt we'll see that kind of pullback (considering it was in the heart of the bearish cycle) I do think a -10% to -15% is possible:
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BINANCE:SHIBUSDT
SHIB Shiba Inu Potential breakoutIf you haven`t bought SHIB before the previous rally:
nor sold the top:
Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal.
Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds.
The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500.
This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
ShibaInu SHIB price at critical zoneJust look who decided to wake up - it's our sweet #ShibaInu
CRYPTOCAP:SHIB price is near the upper boundary of the falling channel, it can break through to $0.000020-0.000021
But a safe medium-term purchase, after the OKX:SHIBUSDT price breaks out and fixes outside the channel and closer to $0.000015
This is depicted schematically with a blue zigzag)
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Should we buy #Shib or wait?The specified area is very important and vital for #Shiba, if this area is not broken, the price will have a sharp fall, if this level is broken, it can also bring a strong price growth. If you haven't bought Shiba yet, wait for it to cross the trendline and resistance level. If you already have Shiba, you can cross this zone with the risk of freeing.
Overall, this area is very important, and I think the price has been deliberately kept in these areas so that if the Bitcoin situation remains positive, Shiba will also break this level and prepare to conquer higher prices.
#shib
SHIBA on the Edge of a Breakout—Can Bulls Break the Barrier?Yello, Paradisers! Are the #SHIBA bulls about to break through? The price is gaining momentum, and we’re nearing a key moment for this meme token. Let’s break down the critical levels you need to watch.
💎#SHIBUSDT is currently attempting a breakout from a triangle pattern, with bulls aggressively challenging the supply zone between 0.00001860 to 0.00001890. This area has been a stubborn resistance since late September, with every test leading to a retracement. For SHIB to build a sustained bullish run, it’s crucial for bulls to break above this supply zone.
💎If the breakout succeeds, we could see SHIB quickly rally towards 0.000020 as the first target, followed by the pattern targets at 0.0000212 to 0.00002150. However, keep in mind that this range also coincides with higher-time frame resistance, so some profit-taking is expected here.
💎On the downside, SHIB has robust support between 0.0001710 to 0.00001680. This zone includes multiple layers of support, making it difficult for sellers to push the price lower. Expect this region to act as a strong defense against any bearish attempts.
Paradisers, remember, trading is a game of patience and discipline. Stick to high-probability setups and follow your strategy carefully to stay ahead in this market!
MyCryptoParadise
iFeel the success🌴
Shiba Inu shows mixed signals: What’s next for SHIB?Over the past week and month, Shiba Inu (SHIB) has posted steady gains despite market volatility. In the last 24 hours alone, it added 2.67%, reflecting the current trends across the broader market.
Shiba Inu was consolidating within a symmetrical triangle pattern, a technical formation where prices oscillate between narrowing resistance and support levels. This signals a potential build-up for a significant price move.
Traders appear to be accumulating SHIB, betting on a breakout that could trigger a rally. The rationale is simple: higher holdings now could translate into greater profitability if the price takes off.
A breakout from this consolidation could push SHIB toward $0.00002954—a level where strong selling pressure might emerge and potentially cap further gains.
However, while the accumulation phase is underway, technical indicators suggest the anticipated breakout could be delayed.
One indicator is the Parabolic SAR, which has formed dots above SHIB’s price—indicating potential downward pressure that could push the asset’s price lower.
The Relative Strength Index (RSI), which measures the speed of price changes and gauges market sentiment, shows similar bearish signals.
As of this writing, the RSI has shown a downtick, with the price following suit. If this downward momentum persists, SHIB could see a further decline.
The expected target for this move is the support level within the symmetrical triangle pattern, where the price may seek renewed buying interest before any significant upward trend resumes.
SHIB SHORT IDEA - 1000SHIB FUTURES SHORTPrice hit to supply zone and looks pretty heavy imo. LTF market structer shifted and it gave me confident to enter short side. I am also awaiting bitcoin to drop a litle (see my bitcoin chart on my profile) so they can work together.
Targets can be seen on the chart.
Nothing i share is financial advice. Education purposes only.
Is #SHIBUSDT on the Verge of a Major Breakout or a Sharp Drop? Yello, Paradisers! Are you prepared for a major move in #SHIBUSDT? It’s time to break down the current setup and what might be happening beneath the surface.
💎#SHIBUSDT is showing strong signs of a potential bullish continuation from the crucial demand zone at $0.00001700. We've seen the price maintaining solid momentum above this level, and if it continues to hold, the probability of a bullish run increases significantly.
💎For a while now, #SHIB has been edging toward a critical resistance at $0.00001893. If the price can sustain momentum and break above this resistance, we could see a bullish surge. The price has been following a rounded bottom trajectory, which is another strong indicator of a possible bullish scenario.
💎However, caution is key. If the momentum weakens at this crucial demand zone, we might see a dip toward the next support level at $0.00001515 before any potential rebound. Keep a close eye on SHIB’s movements. A daily close below the $0.00001515 support could invalidate the bullish outlook and lead to further declines.
Remember, Paradisers, success in trading is all about patience and discipline. Avoid emotional decisions, wait for the highest-probability setups, and focus on consistency over quick profits. Stay sharp and trade smart!
MyCryptoParadise
iFeel the success🌴
shibusdt → a short positionhello guys!
I suppose Shiba hunted the last level!
it is a risky position but I will sit on the short position for this situation!
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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SHIBUSDT potential test of Down Trend Resistance lineSHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before initiating an upward impulse move. The most recent swing upward was stronger than the previous one, signaling a potential increase in bullish momentum. Growing expectations of a possible bull run could act as a trigger for further upward movement. The market continues to bounce off the upward trendline, forming higher lows, which indicates buying pressure. Based on this analysis, the price could retest the channel border, potentially leading to further bullish momentum. The target is the resistance zone at 0.00002.