Get started

SHIBUSDT

Shiba Inu Crypto: Riding the Wave of VolatilityThe world of cryptocurrency has always been a rollercoaster ride, and Shiba Inu (SHIB) is no exception. Over the past few weeks, SHIB holders have experienced a whirlwind of emotions as the price soared by a staggering 370% from its recent lows. Now, as the price consolidates tightly on the higher short-term support side, investors find themselves on the edge of their seats, eagerly awaiting the next move. At the heart of this excitement is the formation of what appears to be a bullish bull pennant. This technical pattern is characterized by a consolidation phase following a significant price increase, forming a triangular shape resembling a pennant on a flagpole. In the case of Shiba Inu, this consolidation is occurring at higher levels, indicating strong support and a potential continuation of the upward trend. However, while the chart may suggest a bullish bias, there's a crucial piece of the puzzle missing: volume. Volume is the lifeblood of any market, providing valuable insight into the strength and sustainability of price movements. In the case of SHIB, the current consolidation phase is accompanied by relatively low trading volume, leaving investors in a state of uncertainty. Without sufficient volume to confirm the direction of the breakout, traders are left in a precarious position. Will SHIB break out to new highs, propelled by renewed buying interest and investor enthusiasm? Or will it succumb to selling pressure, triggering a downward spiral and erasing recent gains? For now, the answer remains elusive, and investors must exercise caution. While the temptation to jump in and capitalize on potential gains is strong, it's essential to approach the market with a level head and a clear strategy. Risk management is paramount, especially in the face of uncertainty. As someone currently holding a position in SHIB, the stakes are high. Watching closely for any signs of a breakout, whether to the upside or downside, is crucial. Setting stop-loss orders and defining profit targets can help mitigate risk and protect capital in the event of unexpected price movements. Beyond the short-term speculation, it's essential to consider the broader fundamentals of Shiba Inu and its ecosystem. Launched as a playful experiment in decentralized community building, SHIB has captured the imagination of crypto enthusiasts worldwide. With its vibrant community, meme-inspired branding, and ambitious roadmap, SHIB has carved out a niche in the ever-expanding world of cryptocurrencies. Yet, amidst the hype and excitement, it's essential to maintain a balanced perspective. Cryptocurrency markets are notoriously volatile and unpredictable, with fortunes made and lost in the blink of an eye. While the allure of quick gains may be tempting, it's crucial to approach investments in SHIB, or any other cryptocurrency, with caution and diligence. In conclusion, the current consolidation phase of Shiba Inu presents both opportunities and risks for investors. With the potential for a bullish breakout on the horizon, accompanied by the uncertainty of low trading volume, careful observation and risk management are paramount. As the crypto community eagerly awaits the next move, one thing remains certain: the journey of Shiba Inu is far from over.
COINBASE:SHIBUSD
by UnknownUnicorn2319099
3
Shiba Inu Shib price is preparing for a powerful "pump"? Looking at the global chart of ShibUsdt, the first thing that catches your eye is that the price is now in a strong liquidity zone. It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run. The second thing that catches your eye is that now the consolidation pattern is visually very similar to the one that was at the final stage of consolidation in 2021 before the start of "the pump". Since it is not known for sure how much longer the consolidation of the Shiba Inu token price will last, and whether there will be "a pump" afterwards, we do not risk buying such a manipulative tool as Shib now. However, when and if the price of ShibUsd is firmly established above $0.00000830, we can consider buying Shib to participate in at least +50-60% of "the price pump". _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
SHIBA INU (SHIB) completed a setup for upto 14% pumpHi dear friends, hope you are well, and welcome to the new update on SHIBA INU (SHIB) token with US Dollar pair. In the previous trade setup SHIB was very close to enter the buying zone, but pumped without entering the buying zone as below: Now on 4-hr time frame, SHIB has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Shiba Inu Fun play- it's been long time that i didn't post about Meme coins. - They are good to gamble a bit, make u feel like u go to casino to spend few hundreds bucks for fun and relax. - They are mostly dependents on announces, Burn!!, new partner!, and more fancy tweets. - Right now we are on a little bit boring period, as BTC will mostly sideway for a while. - Most of altcoins dipped -90%-95% so it's a good time for play without much efforts. ------------------------------------------------------------------------- - Here a simple trading plan (i took out the 0.000000xx$ :D) ------------------------------------------------------------------------- Buy The Dip (2021 support) : 8000-7000ish Buy The Pump (at liquidity Zone) : 10,000ish+ ------------------------------------------------------------------------- Sell Zone : 15,000-17,000 (don't fall in love) ------------------------------------------------------------------------- SL : 5000 ( Don't play fire with Meme Coins ). ------------------------------------------------------------------------- Happy Tr4Ding !
by thecryer
16
Shiba Potential Upward Move in the Works? (UPDATE) CRYPTO:SHIBUSD : Potential Upward Move in the Works? This update focuses on the potential price movement of Shiba (SHIBUSDT) in the next 24 hours. After a period of consolidation, the SHIB/USDT chart suggests a possible movement to the upside. Why This Might Happen?! Bitcoin Momentum: The recent rises in Bitcoin's price often influences the broader market, including meme like Shiba. Increased Trading Activity: Growing transaction volume and market capitalization across the cryptocurrency space could fuel a more intense and rapid upward movement for SHIB. Important Note: This is just an analysis, and future price movements are never guaranteed. It's crucial to do your own research before making any trading decisions. Good luck!
Long
by Arash-RK
SHIB/USDT A successful Break the supply, Indicating Continue UP💎 SHIBA has recently exhibited significant market dynamics. Currently, it is encountering resistance at the supply area, with the previous attempt to breach it at 0.00388 resulting in rejection. 💎 If SHIBA manages to successfully break above this supply area, confirmed by a daily candle closing above it, there is probability for SHIBA to continue its upward movement and reach our target area. 💎 However, if SHIBA fails to break out above the supply area, there is a likelihood of price rejection and a subsequent decline towards the demand area. Notably, SHIBA has yet to retest the demand area after its significant breakout in the past. 💎 The demand area holds crucial significance for SHIBA, as a bounce from this level would signify strength and an attempt to re-challenge the supply area. 💎 However, failure to sustain above the demand area, resulting in a breakdown, would signal a bearish sentiment. This could lead SHIBA to revert to a bearish trend, potentially prompting further downward movement towards the support area, or even lower levels.
by MyCryptoParadise
1
SHIB (Shiba Inu) Technical Analysis#SHIB has decisively broken out of its extended sideways consolidation, signaling a strong bullish shift. This analysis examines how to capitalize on this momentum by employing price action strategies in the context of the current range breakout. We'll focus on reading price action to identify opportune entry points. Be mindful of expected volatility, and prioritize rigorous risk management practices. Disclaimer: This analysis serves as a technical perspective and should not be interpreted as direct financial advice. Cryptocurrencies carry inherent risks. Always seek guidance from a qualified financial professional and thoroughly assess your individual risk profile before any investment decisions.
Long
by fxtraderanthony
1
"Let's be realistic with SHIB" - Is 2400% realistic enough ?#SHIB/USDT #Analysis Description --------------------------------------------------------------- + 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. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.00001133 Stop Loss: 0.00000767 ------------------------------ Target 1: 0.00001371 Target 2: 0.00001601 Target 3: 0.00001956 Target 4: 0.00002466 Target 5: 0.00002976 Target 6: 0.00003944 ------------------------------ Timeframe:1W Capital: 1-2% of trading capital Leverage: 3-7x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
1
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.
Long
by dukeposh
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 ------------------ Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
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)
Long
by thegreatoneinthemetaverse
6
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
Long
by solinash1
2
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.
by MarsSignals