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Shibusdtanalysis

SHIB / USDT : Preparing for a breakout amid bullish momentumSHIB/USDT: Preparing for a Breakout Amid Bullish Momentum SHIB/USDT is gearing up for an exciting opportunity 📈 as it approaches a critical trendline resistance zone once again 📊. Despite a recent rejection, the setup remains intact, and another attempt at a breakout appears likely 💥. A successful breakout could ignite a strong bullish wave 🚀. Stay vigilant and wait for confirmation before making your move. Key Insights: 1. Trendline Resistance: SHIB/USDT is facing a significant resistance level that has capped its price movements. Another test of this level could lead to a decisive breakout. 2. Volume Watch: Keep an eye on trading volume during the breakout. A noticeable spike in volume will confirm buyer strength 🔥. 3. Momentum Signals: Indicators like RSI and MACD are turning positive ⚡, hinting at growing bullish momentum ahead. Steps to Confirm the Breakout: Look for a clear 4H or daily candle closing above the trendline resistance 📍. A strong volume surge during the breakout signals increased buyer activity 📊. A retest of the resistance, now acting as support, adds confirmation ✅. Beware of fake breakouts, such as quick reversals or long wicks above the resistance ⚠️. Risk Management Strategies: Set tight stop-loss orders below key support levels to limit risk 🔒. Maintain proper position sizing in line with your overall trading plan 🎯. This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making any trading decisions. Stay patient, and be ready for the next bullish wave!
Long
by Crypto-By-Ghazi
1
Shiba Inu price rally stalls at $0.0000030 – analysisDespite booking sizeable monthly timeframe gains, Shiba Inu’s price performance has lagged behind its rival memecoins including Dogecoin, PEPE and Solana-hosted BONK. Dogecoin price was mainly driven by Trump’s confirmation of Elon Musk’s involvement in the incoming administration, the likes of PEPE and BONK have also lifted be recent listings on major exchanges including Robinhood and Coinbase. SHIB has now stagnated around the $0.000025 level. On-chain data trends suggest this consolidation phase is at risk of further retracement. Since Shiba Inu price retraced from the monthly timeframe peak of $0.000030 on November 13, whale investors have dialed down demand considerably. However, the $700 million decline in whale demand now puts SHIB at risk of further downswings. In terms of short-term price projection, SHIB technical indicators are also signaling a potential pull-back towards $0.000023. The Donchian Channels, calculated using the 20-day high and low, illustrate a tightening price range. SHIB’s price is currently hovering near the lower boundary of the channel, around $0.00002326. This suggests weakening bullish momentum as sellers test the lower end of this critical range. A close below $0.000023 could trigger additional sell-offs, exposing SHIB to a retest of its next support at $0.000020, which aligns with the lower Donchian threshold from early November. Given the weakening whale demand and bearish technical signals, Shiba Inu appears poised to test the $0.000022 support level in the coming days. If sellers breach this zone, SHIB risks falling further toward $0.000016, a key support level last tested in October.
Short
by paul_endeo
SHIB USDT updateThe analysis is in daily time form, so it takes a little time. Based on the base that was formed below, I sent my analysis, which fortunately was flawless I checked it more closely today, not much has changed, but I sorted it out and with more precise targets Friends, there is no doubt that Shiba is bullish, but it is necessary for this trend to close above 30 candles with a strong body and turn this range from 27 to 29.5 into a strong support. So, in my opinion, it is still too early to say that his promotion is certain Wait for it to come above this range, close the candle and then safe entry for those who are still waiting for the opportunity to buy. Shiba's support: 0.00002628 0.00002450 0.00002313 Shiba resistors: 0.00002958 0.00003300 0.00003915 Shiba targets: near: 0.00004699 0.00006942 Round: 0.000105 0.0001412 0.0001644
Long
by delshad1522
SHIBUSDT Is a Major Bullish Breakout About to Happen??Yello, Paradisers! Could #SHIBUSDT be on the brink of a massive bullish breakout? Let’s break it down. 💎#SHIB is showing promising signs of bullish momentum after successfully breaking out of a reversal pattern with a strong green candle. If SHIB can push through the key resistance level around 0.000021, we could see a clear confirmation of the bullish trend in the short term, potentially hitting our target at the next strong resistance level. 💎However, if SHIB struggles to break the resistance at 0.000021, there is still an opportunity to catch it on a retest of the support zone at 0.0000143. This area presents a high-probability buying opportunity, as the price could rebound and resume its upward trajectory. 💎But beware, if SHIB fails to hold the support at 0.0000143 and breaks below, this would signal a dangerous shift. A daily candle close below the support would confirm a bearish trend, leading to a potential fall back into the demand zone. At that point, the bullish scenario would be invalidated, and we’d be looking at a possible longer-term downtrend. Remember, Paradisers, disciplined and patient trading is the key to long-term success. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Shiba Inu (SHIB) price predictionShiba Inu (SHIB) managed to climb past a short-term range and has gained 15% since the low it posted on Friday the 12th of July. In doing so, it has outperformed Pepe (PEPE) in the short-term, and its on-chain metricssignaled that more gains were likely. The week’s trend sometimes gets established on Mondays. What is the SHIB price prediction, and should traders anticipate a strong bullish run soon? The recent report highlighted the short-term bullish metrics of SHIB and how they generated a buy signal. On the 12-hour chart, a session close above the range highs at $0.000017 has occurred. The Awesome Oscillator also noted a bullish crossover and was rising higher to reflect the growing upward momentum. The CMF has been above +0.04 over the past week, a sign that buying pressure was consistent. This concerted effort has begun to pay dividends. To the north, the $0.00002-$0.000021 supply zone was the immediate bullish target. The higher timeframe charts such as daily and weekly showed that the memecoin has not bucked the gradual downtrend it has been on since April. The liquidations chart showed short positions liquidated in the late hours of Sunday, which should fuel further price hikes. Overall, the wider market disbelief might be turned into FOMO if Shiba Inu continues to climb.
Long
by paul_endeo
Is Shiba Inu (SHIB) poised for a comeback? | 4.06After increasing sharply last week, Shiba Inu (SHIB) turned bearish as its price started to drop. The price decline pushed SHIB towards a critical support level. The memecoin’s price surged substantially on the 29th of May, allowing it to touch $0.00002924. But SHIB couldn’t sustain the pump and fell victim to multiple price corrections. The analysis of the memecoin’s chart revealed that the recent price drop pushed its value to a critical support level of $0.00002437. If SHIB fails to test the resistance and falls under it, then investors might witness the token drop to $0.000020. On the other hand, a successful test of the support could kickstart a bull rally, which might result in SHIB touching $0.000029 in the coming days. The technical indicator MACD’s data revealed that the bulls and the bears were in a battle to gain an advantage over each other. But the rest of the indicators suggested that the bulls might turn out to be victorious. At the same time, the Chaikin Money Flow (CMF) registered an uptick, and the Relative Strength Index (RSI) also followed a similar trend, hinting at a successful test of the support. WHITEBIT:SHIBUSDT
by paul_endeo
3
SHIBUSDT: Two Possible Areas for Swing Buy. Dear Traders, We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish rebound. **Like and comment our ideas which will support us to bring you more educational ideas and our views on all financial instruments** Team SetupsFX_
Long
by Setupsfx_
7
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
Short
by fxtraderanthony
2
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
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.
Long
by ArShevelev
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.
Short
by fxtraderanthony