Get started

SHIBUSDT

SHIB ANALYSIS🔮 #SHIB Analysis 💰💰 🌟🚀 There is a complete formation of Cup and Handle Pattern in #SHIB. We are just waiting for a perfect breakout. If #SHIB breakout with good volume then we will see a very good bullish move.🚀🚀 🔖 Current Price: $0.00003020 ⏳ Target Price:    $0.00004454 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB. 🚀💸 #SHIB  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
SHIB's Bullish BreakoutRecent market analysis of SHIB indicates a bullish sentiment as the pair experiences an upward trajectory. The price action has shown a positive change, complemented by significant trading volume, pointing towards sustained interest and potential for further gains. The Bollinger Bands suggest a close watch, as the price approaches the upper band, typically a sign of overbought conditions. However, the confirmation of trend direction should be sought with additional indicators. The MACD supports the bullish outlook, with the histogram above zero and the MACD line crossing above the signal line, indicating increasing bullish momentum. Additionally, the RSI sits below the overbought threshold, currently leaving room for further upward movement without being overextended. A recent breakout above a key resistance level could signal the continuation of the bullish rally for SHIB, although it's important to seek further confirmation to validate this trend. Moreover, it's crucial to consider the correlation with Bitcoin's price movements, as shifts in the leading cryptocurrency often impact altcoins like SHIB.
by MonoCoinSignal
4
Under PressureThe SHIB 4-hour chart indicates that SHIB is in a phase of equilibrium, with the indicators collectively suggesting a market in search of direction. The price is trading just below the simple moving average (SMA), which typically suggests a balance between buyers and sellers, but also signals that the bulls have not yet gained full control to push the price upward with conviction. The proximity of the price to the upper Bollinger Band, while not touching it, implies that there is some buying pressure, but not enough to break the solid resistance. The volume is quite substantial, which sometimes can precede a significant move, but for now, it hasn't translated into a breakout, which is what traders might be watching for. The Stochastic Oscillator and the Relative Strength Index (RSI) are both in neutral territory. This alignment shows that while there has been recent buying and selling activity, neither side is dominating, leading to a consolidation pattern on the chart. Given that the MACD line is at parity with the signal line, as indicated by the histogram at zero, there's no immediate momentum favoring either a bullish or bearish move. This, combined with the RSI and Stochastic Oscillator’s neutral readings, paints a picture of a market that is currently undecided. Overall, SHIB is in a holding pattern, with the indicators waiting for a catalyst that could define the next clear move. The key levels to watch are the solid resistance above and the strong support below. A break above the resistance could signal a shift to a bullish sentiment, while a drop below the support could usher in bearish momentum. For now, the indicators suggest watchfulness and caution as SHIB navigates this zone of indecision.
by MonoCoinSignal
2
SHIB/USDT upward momentum? 🚀SHIBA Today Analysis💎 Paradisers, take note as #SHIBUSDT is on the move. After climbing out of a descending channel, it's currently challenging a key resistance at $0.00002961. Breaking through this level could pave the way for a bullish advance beyond. 💎 In light of market fluctuations, should SHIBAINU face hurdles at this resistance, we may need to rethink our strategy. A bullish recovery from the support at $0.00002803, where the price has previously stabilized, is on our radar. 💎 Falling beneath this crucial support could hint at a shift towards a stronger bearish trend, marked by increased selling. Staying vigilant and adaptable is vital as we navigate the changes in the #SHIBA market.
Long
by MyCryptoParadise
4
Shib/Usdt Idea Shib/USDT Technical Analysis: The Shib/USDT trading pair is currently witnessing a pivotal moment as its price is situated on the cusp of a potential breakout. Specifically, the price of Shib/USDT is attempting to surpass the trendline resistance level on the 4-hour time frame chart. If this breakout successfully materializes, market analysis suggests a potential bullish rally ranging between 30% to 60%. It is important to note that trading and investment decisions should not solely rely on this analysis, as unexpected market movements can occur. This information is provided for educational purposes only and should not be considered as financial advice. We recommend conducting thorough research and using risk management strategies when making trading decisions.
Long
by Crypto-By-Ghazi
1
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰 🌟🚀 As we can see that #SHIB was following Falling Wedge Pattern in 6hr time frame and gave a breakout. Currently #SHIB is trading in a parallel channel. Broken out of parallel channel could lead to a bullish rally📈📈 🔖Current Price --- $0.00002730 🎯Target Price -----$0.00003793 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB . 🚀💸 #SHIB  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
1
SHIB Monthly Close Above $0.000027 Key to Potential GainsShiba Inu (SHIB) is showing signs of life on the monthly charts. I am closely watching the price action, with a potential breakout hinging on the upcoming monthly close. Crucial Level: $0.000027 A monthly close above $0.000027 could be a bullish catalyst for SHIB. If this level is breached, I project a price surge towards a range of $0.000037 to $0.000045. This represents a potential upside of 37% to 67% from current levels around $0.000024. Downside Risks Remain However, caution is advised. A monthly close below $0.000025 could trigger a sell-off, pushing SHIB down to the $0.000018 support level. This translates to a potential decline of 25% from current prices. I recommend DYOR before trading and investing it.
by Z4F4R
1
SHIB look bearishConsidering the lower L's, it seems that SHIB intends to move towards the specified demand By maintaining the supply range, it can drop the demand side. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
1
Shiba Inu (SHIBUSDT): Potential Bounce Back After Correction?Shiba Inu ( BINANCE:SHIBUSDT ) has reached a confluence of support levels after a recent price correction. This includes the support and resistance zone, daily and weekly pivot points, and potentially multiple micro, mini, and macro chart channels. Positive Influences: Support Levels: Reaching these support zones often indicates a buying opportunity for bulls. Bitcoin's Rise: Historically, strong performance by Bitcoin can sometimes lead to positive movements in altcoins like SHIB. Increased Trading Activity: Rising transaction volume in SHIB/USDT suggests growing interest from buyers. What to Waiting For? Channel Breakout: A decisive break above the upper channel line could signal a stronger upward trend. Liquidity Rise: Increased trading volume (liquidity) often accompanies significant price movements. Important: This analysis is for informational purposes only and not financial advice. Past performance is not necessarily indicative of future results. Do your own research before making any investment decisions.
Long
by Arash-RK
Cryptolean Shiba Inu SHIB Update Shiba Inu found a support at $0.00002399-$0.00002509, the key daily support zone. A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107. A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911. Intraday Chart The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814. (1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone. A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762. Support once read! Thank you.
COINBASE:SHIBUSD
by Trade-Lean
3
SHIB May Be Gearing up for Something Big as Is ConsolidatesBINANCE:SHIBUSDT has consolidated between $0.00002794 and $0.00003102 over the past 24 hours. Traders and investors will want to see in which direction the memecoin breaks out of this range to try and gauge the crypto’s next move. A 4-hour candle close above $0.00003102 could lead to the crypto entering into a bullish move. As such, the Shiba Inu price may attempt a challenge at the $0.00003607 resistance level in the following 24 hours. Thereafter, continued buy pressure could boost SHIB to as high as $0.00004382 in the short term.Conversely, falling below $0.00002794 may put the Shiba inu price at risk of correcting to the subsequent support level at $0.00001910 in the following 24-48 hours. Technicals Still Flagging Bearish Technical indicators on SHIB’s 4-hour chart suggest the Shiba Inu price may drop in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flagging bearish. The MACD is positioned below the MACD Signal line, which is generally seen as a sign that a crypto is in a negative cycle. Similarly, the RSI is positioned below its Simple Moving Average (SMA) line. This could indicate that sellers are currently stronger than buyers on the short-term timeframe. Traders may want to keep an eye on the MACD indicator, as the MACD Histogram is becoming more positive. This could be the early sign of a bullish trend reversal. In addition to this, the RSI shows that SHIB is currently oversold, which may be seen as a buy signal in the coming 24 hours. For Shiba Inu (SHIB), based on the consolidation range and the technical indicators you've described, we can outline trading strategies for both bullish and bearish scenarios. Here, the focus will also be on identifying clear entry and exit points, along with managing risks effectively. Potential Trade Strategies for the Shiba Inu Price Long Position Strategy Entry Conditions: - Primary Entry Signal: A 4-hour candle closing above the $0.00003102 level, suggesting a breakout to the upside. This could be a signal for the start of a bullish move. - Secondary Entry Signal: Look for bullish signals from the MACD, such as the MACD line crossing above the signal line, or the MACD Histogram showing increasing positive momentum. Additionally, consider the RSI moving out of the oversold territory as another entry confirmation. Exit Conditions: - Take Profit: Set the first take profit target at the next resistance level of $0.00003607. If the momentum continues, consider extending the take profit to $0.00004382, monitoring closely for any signs of reversal. - Stop Loss: To manage the risk, set a stop loss just below the consolidation range, around $0.00002790, to minimize potential losses if the market moves against your position. Risk Management: - Pay attention to the volume supporting the breakout, as increasing volume can validate the move. - Adjust your position size to ensure that the maximum loss does not exceed a small percentage of your trading capital. Short Position Strategy Entry Conditions: - Primary Entry Signal: A 4-hour candle closing below the $0.00002794 support level, indicating a potential bearish breakout from the consolidation range. - Secondary Entry Signal: The MACD remaining below the signal line combined with the RSI remaining below its SMA line can serve as confirmation that the bearish momentum is likely to continue. Exit Conditions: - Take Profit: The initial take profit target can be set at the subsequent support level of $0.00001910, as a fall below the consolidation range could lead to significant downside. - Stop Loss: Place a stop loss slightly above the consolidation range, around $0.00002800, to protect against the possibility of a false breakout or sudden reversal. Risk Management: - Monitor the MACD Histogram for signs of diminishing negative momentum, which could indicate a weakening of the bearish trend. - Consider the overall market sentiment and any external factors that could influence the price of SHIB, adjusting your strategy accordingly. General Tips: - Always review the risk-reward ratio to ensure that potential rewards justify the risks. - Be prepared to exit positions if the market shows signs of a reversal that contradicts your initial analysis. - Keep an eye on broader market trends and news that could impact the cryptocurrency market, as memecoins like SHIB can be particularly sensitive to social media trends and broader market sentiment. - Consider using trailing stops in profitable positions to capture gains while protecting against sudden market reversals. Given the bearish indicators but also the potential for a reversal indicated by the MACD Histogram and the oversold RSI, it's crucial to wait for clear signals before entering trades and to manage risks carefully.
by StevenWalgenbach
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