SHIBUSDT likely to bounce here towards 0.00001276 levelThe price hit the daily support. This should make the price move up at least to 0.00001276 level to the upside.
Shibusdtanalysis
SHIBUSDT to head higher towards 0.00001374 levelThe price has closed above 4h resistance 2 zone. This shows some strength in the price action and this may lead the price to the next level up. The probability of the price to aim for 0.00001374 level is high.
SHIBUSDT may head for 4h resistance around 0.00001320The price has hit daily support twice and both the times, it had a significant bounce to the next resistance zone. This second bounce currently trying to pierce through the resistance. With a bit of push back, I believe the price is going to move above the resistance zone and may aim for 4h resistance 2 zone.
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.
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%
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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 ❤️
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#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.
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