Will it continuePossible reversal long wick candle forming on 12 hr Time Frame with SRSI approaching oversold levels. SHIB may possibly but not certain look like it could be making new trendline. Keep and eye if SHIB can break out of channel
SHIBPERP trade ideas
Shiba INU ready to fall ... Hello you all would have seen the bull run I had predicted long time back ... Beware I am expecting a fall in crypto currency all, Are forming negative patterns at the top ... stay away from the trap
Gautam Khanna
GK trade Manthan
SHIBIDY BIBIDYnot yet confirmed but could be a massive cup and handle formation on the weekly chart.
i'm highly skeptical this plays out but just wanted to point out the formation.
not trading advice and have patience
TJG
Friendly ReminderJust a friendly notification, to check resistance levels and Oversold/overbought indicators and watch out for candles and wait for the candle to print. SHIB is lingering around a resistance level and RSI and SRSI and CCI levels indicate caution overbought territory. Have a bless day.
Next leg up coming soon! She can’t wait to fly! Not financial advice ! Just hold for the ride! Shiba Inu is primed after
bitcoin’s monstrous growth! And dogecoin following suit. Elon x Trump conversion.
SHIB IS PRIMED FOR A MASSIVE 123% MOVE HIGHERCRYPTOCAP:SHIB
SHIB IS BREAKING OUT AND IT'S A BUY RIGHT NOW!
ITS A #HIGHFIVESETUP MEANING THE FOLLOWING:
1.) BULLISH uptrend on MACD (blue over orange
2.) BULLISH uptrend on RSI (higher lows)
3.) BULLISH uptrend on Stoch (red over yellow)
4.) We have a volume shelf with a volume gap
5.) Breakout on the symmetrical triangle pattern
Price Targets for this Weekly chart:
PT1: 0.000029584
PT2: 0.000044097
Shiba Inu breaking upward from channel; over halfway to targetSheba is blasting off so quick by the time I got around to posting a chart about it t’s already 3/4ths of the way to the breakout target. *not financial advice*
SHIB Looks BullishShiba appears to be entering a bullish wave C.
By maintaining the green range that overlaps with the KEY level, it can go to the ATH.
You should not have an emotional entry, you must have a set position to enter.
Shiba's market cap is 13B, which is a bit heavy, and you shouldn't expect big profits from this coin.
The target is above ATH
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Is it tea time?There appears to be a cup and handle forming on SHIB weekly chart. Not too sure, these patterns could be subjective. Also, at this time there is a bullish green candle forming on the 50 EMA. CCI indicator is looking good. Monday game time. God bless us all
SHIB minipump?Is SHIB going to do something spectacular like it's big brother BTC. In the hour chart in the sideway parallel channel. SHIB has closed above it, with a bullish engulfing candle and with healthy CSI and RSI and SRSI readings.
Please be careful and grab the popcorn.
ShibUSD...all setup on Daily & Weekly charts. Plz see.
I don't hold this particular Crypto and I am not taking this trade as such as I have enough that could go wrong already.
But this one has a Daily head n shoulders pattern which will be a rocket upwards, bullish macd and rsi momentum and the weekly chart lines up in a similar vein.
Hmmm, I think this one has an awful spread on the buy, but i'm not certain.
Oh, what I also like about this trade is that the 200ema (white thicker line) is situated right below price on the daily.
Critical Moment for SHIB, AccumulationCritical moment, will SHIB break out of the parallel structure or will it cycle back down.
SHIB is currently forming a bullish candle on the 50 EMA. We must wait until the weekly candle prints.
SHIB/USD daily chart analysisFor a bullish bias to remain intact, SHIB/USD should stay above the ascending trendline, ideally with support from the 50-day SMA and increasing Stochastic RSI.
For breakout confirmation, look for a close above the 200-day SMA, a breach of recent swing highs, and strong trading volume, all of which would reinforce the probability of an extended upward move.
Shiba Ready to Explode? Two Patterns Point to Massive VolatilityAltcoins like Shiba Inu are gaining momentum as Bitcoin edges closer to a new all-time high.
For Shiba, the last 135 days of price action on the 3-day chart reveal two significant patterns. First, an inverse head and shoulders pattern suggests that a breakout above the October 18 high could drive Shiba Inu up by 37.71%, reaching the upper level indicated on the chart. Additionally, over the last 30 days, Shiba Inu appears to be in a smaller rectangle-like pattern that would also trigger on a move above the October 18 high, signaling a potential 20.95% gain. Ideally, the market would trade sideways for the next 48 hours just below this key level, setting up an excellent risk-to-reward ratio for a breakout opportunity.
What’s your take on Shiba Inu’s potential?
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Shiba INU ... 54% return expected in short terShiba INU is forming right shoulder and almost on verge of giving breakout any movement from here will get 54% return on investment
Enjoy the ride Targets are mentioned in the chart.
Gk
GK trade Manthan
Stock Analyst by Passion
Shiba Inu on the Brink: Major Breakout or Collapse Incoming? SHIB at a Crossroads: Will It Fly or Fall?
Shiba Inu is sitting at a key support level around 0.00001704, and the next move could set the tone for what’s coming. If buyers step in and push the price past the resistance zone around 0.00001899, we could see a rally toward 0.000020568 and even 0.000024525.
However, if the current support fails, sellers could gain momentum and drive the price down to the 0.000008667 zone. Right now, SHIB is moving within a narrow range, and the next few days will be critical.
Watch for strong volume to confirm a breakout or breakdown—either way, a big move is on the horizon.
If you found this analysis useful, don’t forget to like, comment, and follow for more updates and insights.
Mindbloome Trading/ Kris
Trade What You See
Shiba Inu Burn Rate Explodes by 6750%- $SHIB to $0.01 Realistic?The Shiba Inu Burn Rate recently rocked by a staggering 6750%. With nearly 27.1 million coins taken out of circulation in a single day, this development has reignited bullish sentiments and heightened expectations among investors hoping to see the token soar to its long-anticipated $0.01 price target.
Burn Rate Surge and Ecosystem Growth
The Shiba Inu burn rate has long been a key factor in market optimism for the token's future. The recent uptick marks another significant milestone, with the supply steadily decreasing. According to Shibburn data, the total circulating supply now stands at 589.26 trillion coins. This burn activity exemplifies the fundamental economic principle of supply and demand, where a shrinking supply combined with sustained demand can create upward price pressure.
Shiba Inu’s ecosystem is also growing in prominence. Its Layer 2 solution, Shibarium, continues to see rising activity. Shibarium has sparked enthusiasm, as its growth signals the potential for further adoption and utility within the network. Such developments draw parallels to the meteoric price rally witnessed during Shiba Inu’s historic bull run in 2021.
However, despite this burn surge, Shiba Inu's price dipped by 2.5% to $0.00001806 at the time of writing. The broader market correction has tempered short-term optimism, but long-term prospects remain intact thanks to the ongoing token burns and ecosystem expansions. Prominent figures within the SHIB community, such as marketing lead LUCIE, continue to advocate for the $0.01 target, although they acknowledge that patience will be required for the coin to reach that level.
Technical Analysis
From a technical perspective, Shiba Inu ( CRYPTOCAP:SHIB ) is trading within a weak channel, struggling to maintain momentum. The Relative Strength Index (RSI) currently sits at 38, signaling that the asset is in oversold territory. This could indicate that a potential reversal is on the horizon, especially as the token attempts to break through key resistance levels.
The chart shows that CRYPTOCAP:SHIB recently broke down from a rising wedge pattern, which is traditionally seen as a bearish signal. The falling wedge pattern suggests that a period of consolidation might be imminent before a strong upward movement. The next significant resistance is at the $0.00002 pivot point, which could act as a springboard toward $0.00002174 — the token’s one-month high.
A move toward the $0.000021 mark would likely attract a new wave of buyers, potentially triggering a fresh rally. For the bulls to regain control, though, significant token burns will be essential to reduce supply and increase scarcity. The 50, 100, and 200 Moving Averages also present a mixed outlook, indicating further consolidation might occur before a definitive trend emerges.
Shiba Inu's Historical Significance and Outlook
The Shiba Inu token ( CRYPTOCAP:SHIB ) holds a unique place in cryptocurrency history as the first "mascot" coin to be involved in such a large-scale charitable act. Vitalik Buterin, the co-founder of Ethereum, made headlines in 2021 when he donated a massive amount of CRYPTOCAP:SHIB to the India COVID Relief Fund, a move that remains one of the largest crypto donations ever. This philanthropic association with CRYPTOCAP:SHIB has elevated its status in the eyes of the crypto community.
Looking ahead, CRYPTOCAP:SHIB ’s path to the $0.01 price target will largely depend on several factors: the continued burn rate, ecosystem development, and broader market trends. While it remains a long road, the strong community backing and recent technical signals suggest that Shiba Inu ( CRYPTOCAP:SHIB ) could once again surprise investors with a sharp upward trajectory, provided the burn rate continues at its current pace.
In conclusion, Shiba Inu’s recent burn rate explosion is a bullish signal for its long-term prospects. Although the token faces immediate challenges due to technical resistance and market corrections, the fundamental outlook remains optimistic. Investors should closely monitor key levels such as $0.000021 and $0.00002 for signs of a potential breakout. As always in the volatile crypto space, patience and a careful eye on both fundamentals and technical indicators will be crucial to navigating the journey toward $0.01.
SHIBA INU at a Critical Level (Daily to 30-Minute Time Frame)As requested by a follower, here’s the follow-up to my last chart. SHIB is now sitting at a critical 0.0000177 support level. Will it hold, or are we heading lower to 0.00001666?
Key Levels to Watch:
Support: 0.0000177
Bearish Target: 0.00001666
Current Trend:
If buyers hold 0.0000177, we could see a rebound toward higher levels.
If sellers increase pressure, expect a drop to 0.00001666 before any potential reversal.
What to Watch:
Monitor volume—bulls need to step in soon.
Keep an eye on the 30-minute chart for signs of a bounce or breakdown.
Appreciate your engagement. Let me know if this helps. Bullish or bearish, what’s your take?
MB Trader
Trade What you see
SHIBA INU at Key Support: Will We See a Bounce or Breakdown?Evening Trading Family
Shiba Inu (SHIB) is at a pivotal moment as it hovers around a key support level. Traders are closely watching for the next big move.
Quick Overview:
Shiba Inu, one of the most popular meme coins, has seen significant growth and strong community support. Now, it's testing an important support zone, which could determine its next direction.
Upside Potential: A bounce from 0.0001764 could push SHIB toward 0.0001789, and if momentum builds, further gains up to 0.0001829 are possible, setting up for a potential breakout.
Downside Risk: If SHIB fails to hold support at this level, a move down toward 0.0001736 and possibly 0.0001701 could be on the horizon.
Be prepared for a high-volatility scenario as SHIB tests these crucial levels.
Happy Trading
MIndbloome Trader
Shiba INU - Ready for 80% Run ??Shiba INU is at very sweet spot.... any movement from here can give 80% return ...
It has all possible bullish formation that can give a big bull run !!! Keep a watch everything is mentioned in the chart, read it carefully :-)
