SHIBUSDT Bullish Move Confirmed!SHIBUSDT technical analysis update
SHIB's price has broken the trend resistance line and made a new higher high on the daily chart. Additionally, it has crossed above the 100 EMA on the daily timeframe, which is considered a strong bullish signal for SHIB.
We could potentially see a 100-200% bullish move in SHIB over the next few months.
SHIBUSDTPERP
#SHIB/USDT#SHIB
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.00001721
Entry price 0.00001742
First target 0.00001812
Second target 0.00001876
Third target 0.00001976
Shib/usdt Plan The SHIB/USDT pair has recently experienced a perfect breakout of a triangle pattern, which has already been confirmed. The retest following the breakout is nearly complete, indicating a potential bullish move in the short term. It is advisable to keep a close watch on this development. Please note that this information is not financial advice; it is essential to conduct your own research (DYOR) before making any investment decisions."
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
SHIBUSDTBe prepared for the final and upward wave of BINANCE:SHIBUSDT . Entry and exit points have been identified on the chart.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Don't forget to like and comment
Shibusdt | Breakout & Retest Shibusdt
Falling wedge pattern breakout and retest have already been confirmed.
I believe that buyers will fight over this support and push the price towards the upper resistance.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
SHIBUSDT to bounce from weekly support towards 0.00001095SHIBUSDT has hit the daily support. However, the weekly support is also sitting very close under this current daily support. A possibility to visit the weekly support level cannot be ignored. I will expect a bounce towards the 4h resistance level around 0.00001095. By the way, if patient, price hitting weekly support will give a better long opportunity.
SHIBUSDT to head for next resistance zone around 0.00001310SHIBUSDT is showing strength after consolidating under the 4h resistance zone. Now the price is trading inside the resistance zone and is likely to head towards next resistance zone around 0.00001310. The price might follow the path L4, S5 and L6 as depicted in the chart.
SHIBUSDT to head again for 0.00001276 levelThe price has almost hit the smaller time frame support just sitting above daily support. It might still go and touch that support. But after that the price shall very likely follow the path L5 as shown in the chart. This definitely will make a case for visiting the 0.00001276 level once again which was the target of the original post.
ShibaInu Ready To Take offHello Everyone,
Right now as per the market structure and smart money concept techniques Shiba is under accumulation zone and underplay the Power Of 3 Pattern rule. since there are lot of confluences and we are not able to write down all of them in the description so making it all concise as much as possible.
high chances that Shiba can print 200% pump suddenly from no where.
the level has already been marked on the chart , we are waiting for the breakout atm, yeah it makes sense that overleverage traders will get rekt then it will start off , cause right now there is alot of plebs riding the pump..
wait for the best entry , shiba gives good rewards on spot holdings as well so why leverage ?
Disclaimer :
This information is only for entertainment & educational purpose and paper trades , we are not financial advisors but teachers
regards,
Hedgers Academy
#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
SHIBUSDT second try to flip EMA since August $SHIB | $USDT
After a massive pump SHIB is now retesting daily SMA for the second time since August, this daily SMA needs to be flipped for a massive pump or else we will get a rejection & retest the support where we can enter longs...
#shib #shibainu #shiba #dogecoin #FOMC
SHIBUSDT - Head and Shoulders PatternSHIBUSDT (1D Chart) Technical analysis
SHIBUSDT (1D Chart) Currently trading at $19.75
Buy level: Above $0.0000120
Stop loss: Below $0.00000943
Target 1: $0.0000142
Target 2: $0.0000185
Target 3: $0.0000220
Target 4: $0.0000289
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts