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SHIBUSDT

SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Shiba Inu (SHIB) was one of Tuesday’s notable gainers, as prices of the token rose for a sixth straight session. SHIB/USDT surged to a high of $0.000009593 earlier in the day, less than 24 hours after trading at a low of $0.000008603. As a result of this latest surge in price, Shiba Inu climbed to its highest point since December 5. From the chart, it appears as though today’s rally came following an upwards crossover of the 10-day (red) and 25-day (blue) moving averages. In addition to this, the 14-day relative strength index (RSI) has risen above a recent ceiling of 65.50. Currently, the index is tracking at 67.50, with the following visible ceiling at the 73.00 zone. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
✴️ Shiba Inu Hits Bottom, Time To Grow | 190% Jump UpdateAll indicators are flashing green for Shiba Inu (SHIBUSDT). This is an update to our previous 5-Jan-2023 trade idea below: As you can see, today we have a full green candle, with increasing volume to break above EMA50. As SHIBUSDT closes above EMA50 later on today, the mid-term bullish bias is confirmed. We can expect additional growth and our target of 190% from the previous trade idea to hit within 1-3 months. The cryptocurrency market is wild and things can vary a lot... So it can happen within weeks or it can take months... What is certain is the bullish wave. Once we hit bottom, the only place left to go is up! The bottom has been hit... It is time to grow! Namaste.
Long
by AlanSantana
5
Shiba Inu is breaking out! Take a huge profit here. Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern. This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo. Also, on the RSI indicator, we can spot a bullish divergence between the swings. It's also a strong indication that the bears are losing steam. It's a great time to open a long position on the futures market, as I already did! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. Now the most important question is: where is the profit target? On the way up, you obviously want to target strong resistance. Strong resistance is undoubtedly the start of the previous GAP + top of the parallel channel, and if the bulls break this level, the previous consolidation structure's POC will be reached. You can see these levels on the chart! If you haven't seen my analysis about Bitcoin's exponential pump, then you must, so check out my related section down below. December was an extremely good month when it came to opportunities in the crypto market, and January is starting very positively as well. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
68
SHIB/USDT Price Preparing for the Final Leg Down below $0.000008Shiba INU bears appear to have again activated as the prices are falling apart for the past few hours. The price is experiencing extreme selling pressure due to which it has plunged by more than 6% in the past 24 hours and still counting. The RSI is heading south, the price rejected the crucial 50-day MA levels, and MACD displays an accumulated bearish volume while the cross-over is still distinct. This may indicate the bearish trend may be continued for some more time which could drag the price lower to reach the support zone below $0.0000082. However, despite the bearish clouds prevailing over space, the current trade set-up appears to just trap the short traders as the price is closer to manifesting a notable upswing. But well before the bullish breakout, the price is closer to manifesting a notable pullback. The SHIB price is yet to accomplish with the ongoing falling wedge pattern, for which a pullback below $0.000008 is mandatory. These levels are usually a very high demand area attracting the significant liquidity onto the platform. Hence this may be when one can expect a trigger towards the north by reclaiming the levels above $0.000009 initially while $0.00001 remains the next target milestone to achieve
by Coinpedia-Market-Insight
4
✴️ Shiba Inu Massive Explosion Can Lead To A 190% Jump!Shiba Inu (SHIBUSDT) is one of the strong ones because there is no new low after June 2022... It remains within higher low territory which is a signal of strength. Talking about strength, a bullish jump can take place any time now that can push prices higher and hit 65% easily and up to 190% mid-term. Can keep it simple for this one... 35% is the easy target... The rest can be doubted... But see how fast this move will show up. Within 1-3 weeks is more than enough. Patience is key... You will thank yourself if you hold long enough... Or just enjoy the profits when they come. Namaste.
Long
by AlanSantana
6
✴️ Shiba Inu Early Call (60%+ Potential Short-term)I am calling this an early call because you can't really tell that Shiba Inu (SHIBUSDT) is about to go up by looking at the chart, the signals are just not there... Or, if you look deep enough or have experience you can find some. For example, the 20-Dec candle closed as a hammed with a perfect -9 on the TD Sequential. At the same time on this day a new low was hit on low volume. We have two reversal signals mixed with a weakness signal. Low bear volume on a new low spells weakness on the bear side. These are early signals because prices still remain trading below EMA10... We are spotting a reversal though, a change of trend. We also have a reversal pattern and our beloved Dogecoin (DOGEUSDT) already going up. We looked at Bitcoin, Jupiter, the SPX, Tether Dominance and everything points to some potential growth. I sound like a broken record but these are early signals, this means that within hours things can change... But being early can be a blessing when it comes to potential gains. Let's see how it goes. Low risk (5% stop-loss) with high potential for rewards (60%+ target). Namaste.
Long
by AlanSantana
2
Shiba INU(SHIB/USDT) Price May go Long Soon!Shiba INU price has been trading bearish for the past few months which was further intensified with the November collapse. Since then the price is attempting very hard to reclaim the levels above $0.00001 but the bears appear to have held the resistance at $0.00000935 and restricting the price below. However, an extended price compression often leads to a remarkable jump which may be expected any time in Q1 2023. The SHIB price is trading within a falling wedge, which is largely considered as a bullish indicator. The price rise is expected to rebound after reaching the lower support at around the yearly lows at $0.00000750 which may trigger a massive upswing. Hence, the SHIB price may eventually break out of the wedge by gaining immense bullish momentum and reach $0.00001028 initially. Here, if the bulls are able to hold the price above the crucial resistance, then a bullish yearly close is possible which may be further elevated towards new highs.
by Coinpedia-Market-Insight
1
Shiba INU (SHIB/USDT) Price To Offer Great Buying OpportunityThe SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off. However, in a coming couple of days, the sellers are believed to gain more influence to drag the price lower. The technical indicators on the daily chart suggest that the popular Memecoin is all set to pull a massive leg down. The RSI is below the neutral in the daily chart, trading within a stagnant trend, pointing towards the south. Meanwhile, the MACD is also flashing bearish signals as a crossover is yet o take place which may drag the price below the immediate support at $0.000008 or even lower. Besides, a slight increase in trader's sentiments is seen as the daily active address recorded a steep drop in the past couple of days. The addresses which had spiked significantly high to reach more than 17,000 has dropped to as low as 1854 during the early trading hours. However, the number of accounts trading on SHIB remained constant since the beginning of the week, indicating the undermined buying pressure. Therefore, until the Bitcoin (BTC) price surpasses and sustains above $18,200, the markets could remain unpredictable. This may push the Shiba INU(SHIB)’s price above the resistance which may further invalidate the bearish trajectory.
Short
by Coinpedia-Market-Insight
✅RETAILERS ALREADY FORGET ABOUT SHIBA INU! 3 TARGETS🔥🔥 Hi friends! A lot of traders already forgot about the meme coins such as SHIB and DOGE. It's very good for the petience and profitable traders as we are. I metioned the $0.00079-84 velue area as the support in the previous trading plans on SHIB , so the price was stopped there. ✅ BUT in this idea I want to show you the best entry point before the SHIB will pump. Just take a look to the SHIB most common pump pattern. I'm sure you neve mention it. After the some consolidation in the 5-10% range, SHIB making a huge pump. It as in 2 cases before, I think that this time the pattern will work well. We just need to find the best entry point with high RR and short sl. 🚩 It worth to add that on every PUMP the whales🐳 sell thie coins (just take a look on volume indicator). This situation is really visible on such centrilized altcoin such DOGE and SHIB cause they have 20-30 biggest wallets that hold 50-70% of all coins. Of course, they want to sell it. 📊 The trading plan to open a long: 🔥 accumulation in a 5-10% range 🔥 squeeze to the trendline 🔥 huge buy order on DOM and Footrpint by the whales ✅The 3 MAIN targets for SHIB: 1. $0.001 - the key level 2. $0.00116-125 - the value area 3. $0.00137 - local highs and key level Traders, book the profit by parts, because trading is about making money and not close your trades at loss and breakeven. 🚩Do you agree with my targets or think that altcoins will fall? Write your thought in the comments! 💻Friends, press the "boost"🚀 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
9