SHIBUSDT heading towards 4h support around 0.00001290The price is heading towards 4h support 2 zone. It is expected to hit around 0.00001290 before any bounce from that support.
Shibusdtanalysis
SHIBUSDT again heading for 4h resiatnce zone around 0.00001370The price is ranging between the support and two resistance ranges. Currently hitting the 1h resistance turned support area. I think it should again aim for the 4h resistance 1 zone.
SHIBUSDT : Long Trade , 1DHello traders, we want to check the SHIBUSDT chart in the daily time frame. The price is moving in an upward channel after breaking a range zone. We expect the price to continue its upward trend and the next target for the price It was supposed to be 0.00001800.Good luck.
SHIBUSDT buy Entry : 0.00001305
Stop : 0.00001060 , Target : 0.00001800
Risk/Reward Ratio : 2
SHIBUSDT may bounce to 1h resistance zone around 0.00001343So the price now is bouncing from the 4h support 1 area. How about trying to hit 1h resistance zone marked on the chart. I see the probability of this event higher than the price going the other direction immediately.
SHIBUSDT likely to head for suport zone around 0.00001320SHIBUSDT seems like heading for 4h support region. It clearly got rejected from 4h resistance 2 zone after the breakout
SHIBUSDT likely to retrace to 0.00001290 levelYesterday evening (UTC) I expected the 4h candle to close above this 4h resistance level which would have caused the price to test the recent high and the 4h resistance 2 zone. But that did not happen as the 4h candle closed below and that caused the price to fall further. Currently we bounced back to the 4h resistance 1 zone from support area marked as the line on chart. The likelihood of price to retrace back down from this 4h resistance 1 zone is higher.
SHIBUSDT likely to make another attempt at 4h resistance zoneThe price has hit the 4h resistance 2 finally as marked on the chart. However, it seems that pushed the price back under the resistance and it is trading below the resistance. There is a very high probability that it will make another attempt to hit and break this resistance at around 0.00001400 level
The previous 4h resistance (marked in chart as 4h resistance 1) is now acting as support and that made the price bounce from there on this push back from 4h resistance 2.
SHIBUSDT heading for next 4h resistance zone around 0.00001320The price has closed above the 4h resistance which was holding the price back for long. This kind of clears the way for move up to the next resistance zone. That resistance might not be that strong and price can then head for the next resistance level marked on the chart. A possible price path has been depicted. However, let us go step by step and then do the reevaluation of the next possible path. Therefore let us focus first on step L1.
SHIBUSDT to hit weekly support before a bounceThe price is likely to hit the weekly support level before a bounce. The bounce will very likely meet the 4 resistance area around 0.00001276. The price will be pushed back from this resistance very likely.
SHIBUSDT hit the 4h support. Now likely a break of 4h resistanceSo we touched the 4h support again.
Now it is time to move up and break through the 4h resistance sitting above around 0.00001476 area.
I will update the probable price action once price reaches 0.00001525 level.
SHIBUSDT heading again to tested 4h supportAs mentioned in the last post, the price hit the previous 4h support level and and got rejected from there.
It is likely that it will touch the 4h support region again.
SHIBUSDT hitthe 4h support area. Bounce in playSo the price hit finally the marked support area. And we see a bounce which was depicted in the last post.
The price will likely hit the 4h resistance at 0.00001476 level. The next course after the price hits that level will be decided by looking at the price action at that level.
SHIBUSDT may pullback to closest 4h support areaPrice may tap this 4h support region in this pullback. But before this pullback, probably price might revisit0.00001544 level. Though current price level 0.00001526 is a good candidate for the next leg down to begin from here.
However during the pullback there is a little chance that it may miss that 4h support by a little 1% mark as there is hourly support there which might provide the bounce to the price a bit early than the marked 4h support region.
A better entry for a better R:R would be to wait patiently for the price to touch 4h support area.
SHIBUSDT current 30m candle to be red oneThe current 30m candle (UTC 10:30-11:00) has a higher probability of being a red one.
📈 Opportunity to Take a Short Trade on Shibusdt 💰🔍 Based on technical analysis, the Shibusdt chart on TradingView presents an opportunity to enter a 📉 short trade at 0.00001550. The target profit (TP) 🎯 is set at 0.00001140 and the stop loss (SL) 🛡️ is placed at 0.00001575. Investors are advised to consider this short trade as a 💡 potential opportunity in the current market conditions. 💹
SHIB Token Shiba Inu Coin Crypto Price PredictionAs you can see from 4h chart of SHIB Token Shiba Inu Coin price broke the resistance at around $0.00001278 now now when the price in future if it retest it we might see a good buying oppertunity.
SHIBUSDT current 4h candle higher probability to be red oneThe current 4h candle (UTC 08:00-12:00) has a slightly higher probability of being a red one.
Trading opportunity for SHIBUSDTBased on technical factors there is a Sell position in :
📊 SHIBUSDT
🔴 Sell Now 0.00000926
🧯 Stop loss 0.00000956
🏹 Target 1 0.00000887
🏹 Target 2 0.00000836
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Trading opportunity for DOGEUSDTBased on technical factors there is a Short position in :
📊 SHIBUSDT
🔴 Short Now 0.00000916
🧯 Stop loss 0.00000982
🏹 Target 1 0.00000860
🏹 Target 2 0.00000764
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
#SHIB/USDT Still in Buying Zone, Here's Why.I still stand with my previous update.
This is the shakeout before Shib literally goes crazy.
This is what you see in the chart. It's a perfect retest after the breakout.
SHIB looks strong in HTF.
Best to get in around this level.
SL is still a daily close below 880.
DYOR, Not Financial Advice.
Please hit the like button and Share your views in the comment section.
Thank you
Cheers
SHIBA RECOVERY - BUY ZONE SET FOR SHORT/LONG BUYI have set up a new short - long term buy on SHIB/USDT.
Currently looking at an 'M' pattern, Shiba will hopefully take a fall to it's previous support as price couldn't hold it's trend line. This will take us to a major support where multiple bounces have been seen previously, especially for large upward trends long term.
Please feel free to provide your opinions and feedback on this trade and feel free to join me!
ATTENTION:
I AM NOT A FINANCIAL ADVISOR AND DO NOT TAKE ACCOUNTABILITY FOR YOUR DECISIONS BASED UPON MY ANALYSIS!
SHIBAINU Reversal aiming towards STARLINK.I applied this basic guide on FoRex trading on the SHIBUSDT weekly chart and this discovery is INSANE!!!! After this weeks candle the reversal got real and serious. Get ready to just teleport to 2800 range without anybody stopping us. DONT MISS OUT :)
SHIB/USD Downtrend BreakoutThe idea here is about SHIB/USD:
My view is short term Bullish for the below observed technical factors.
Points as per TA on Weekly & daily Chart:
1. Broken out of Downtrend Channel as per below:
2. Possible Double Bottom pattern formation on a weekly chart await for neckline breakout as per below:
3. Possible Bearish Bat Harmonic Pattern CD leg in formation as per the published chart .
4. Bearish Cypher pattern completed on Daily chart, Target 1 Achieved & support confirmed at the time of publishing as per below :
5. Trading below 20 EMA on a weekly chart & above 20 EMA & below 200 EMA on a daily chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily & weekly is Neutral at the time of publishing.
7. RSI is at 47.07 on a weekly Chart and 68.27 on daily chart at the time of publishing.
8. MACD above signal line on weekly & daily chart.
9. Hull Moving average on daily is a sell and Strong buy on Weekly & monthly.
10. ADX ( Average directional index ) trend strength is at 8.2 on a weekly which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend) & 43.17 on daily chart which indicates strong trend.
Projected Target with %: Double bottom & bearish Bat targets are almost aligned at the same point.
A). Conservative entries can wait for retest & neckline breakout confirmation on weekly chart for double bottom, target provided in chart.
B). Bearish Bat target provided in chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So
Please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis.
Do leave your valuable feedback & comments for any improvisations.
Cheers.
