SHIB AT THE EDGE OF BREAKING THE TRIANGLEBreakout can lead the target at 2600,2800,3500,and at the final resistance to 4550.after that we can see they choppy movement or a retest.Longby Kat-Crypto-Street13
SHIBUSDT 1DKeep an eye on #SHIB. It is testing the triangle resistance and Ichimoku cloud on the daily chart. In case of a breakout, the targets are: $0.00002757 $0.00003184 $0.00003712 $0.00004567by Bithereum_io8
SHIBUSDT BREAKOUT SOON👀🔥Keep eye on this once breakout comes it will pump hardLongby Futuristic_Investors11
Shiba needs closing above 0.000026 to move new target 🙂👍Personal idea: In daily time frame we see changing Shiba moving from bearish to bullish movements. In this situation closing above 0.000026 and finding support in this zone can accelerate Shiba moving, possible target in my opinion in full bull run could be at least around 0.000026Longby mehrhpm112
SHIB - Daily Short term Trend & Support/Resistence levels CRYPTOCAP:SHIB : now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 Trend: Bullish 🚀 🟢 Support: 0.00002150 🟢 Target: 0.00002640 ------ Current CRYPTOCAP:SHIB : 0.00002320Longby MarketIndexTrader5
I expect a neutral and indecisive market in the future. See, I don't want to give you false hope because we're in the stock market and looking to make money. In some analyses, I've seen people drawing two lines and claiming it resembles a triangle pattern, playing with people's capital, which is truly shameful. Let's forget that. Two months ago, we witnessed a strong upward trend with high momentum, where this currency saw about a 400% growth. It's been about two months now that we've been in a corrective phase, and the price is consolidating at a point. As I've written on the chart, this is the third continuation trend line, indicating a weakening downward trend, and we're now entering the trading range phase. Given Bitcoin's situation and other market conditions intertwined with the price, I currently don't expect significant price increases, at least not this month. The time conditions will be violated when the first resistance, which I labeled as "First Minor R" on the chart, is broken with a strong candle. For now, my buying points are at supports and my exit points are gradually at resistance levels on the chart. Keep in mind that after breaking the trend line, don't expect a rapid move because buyers and sellers will have to make decisions regarding the price in the next few days, and their conflict creates a trading range or what we call a ping-pong movement and market indecision. Wishing you profitable trades.by AmirAli4bdi3
as we predicted shib got a downtrend and today pumped back!We have records that shib would get downtrend and today it pumped back, now we have another down run soon. and on key support 0.000022+ it will come back as a baby to 0.000025 and then we will share more predictions please all of shib holders and traders move with us in order we can control the price together :) this is not a financial advise but we belive once you so our exact moving predictions you will trade with us and it will be a big power at a near future, so lets move shib to the moon ! Shortby SHIB1CENT115
What is token burning in crypto?Understanding Token Burning in Cryptocurrency: A Comprehensive Guide What is Token Burning? Token burning is a crucial strategy in the volatile realm of cryptocurrencies, where assets lack real-world backing. Developers employ innovative approaches to maintain long-term price stability and incentivize investors. One such method is burning tokens, which involves removing coins from circulation. This action reduces the total supply, increasing scarcity, and potentially boosting the value of each remaining coin. Why Do Projects Burn Tokens? There are several reasons why cryptocurrency projects may choose to burn tokens: Scarcity and Value Appreciation By reducing the supply of tokens, projects can create scarcity, leading to potential value appreciation for the remaining tokens. This can incentivize holding and discourage selling, contributing to price stability and growth. Reward Mechanisms Some projects use token burning as a reward mechanism for users or participants. For example, platforms may burn tokens as part of a buyback program, where they purchase tokens from the market and then burn them, effectively reducing supply and rewarding holders. Economic Alignment : Token burning can align economic incentives within a project's ecosystem. For instance, platforms may allocate a portion of transaction fees to token burning, ensuring that stakeholders benefit from increased token value as the supply decreases. Coin Migrations : During blockchain upgrades or migrations, projects may burn old tokens that are being replaced by new tokens on a different blockchain. This process helps maintain continuity and security during transitions. Examples of Token Burning: Binance Coin (BNB): Binance, one of the largest cryptocurrency exchanges, regularly conducts token burns of its native token, BNB. A portion of the trading fees collected on the Binance platform is used to buy back BNB from the market and subsequently burn the tokens, reducing the total supply over time. Ethereum (ETH): Ethereum has proposed a shift to a proof-of-stake (PoS) consensus mechanism with Ethereum 2.0. As part of this transition, ETH holders can lock up their tokens in the new Ethereum Beacon Chain, effectively removing them from circulation and reducing supply, akin to token burning. TRON (TRX): TRON Foundation has conducted multiple token burns of its native token, TRX, to manage supply and support token value. These burns are often announced publicly, providing transparency to the community. Crypto Exchanges: Some cryptocurrency exchanges conduct token burns of their exchange tokens as part of periodic events or promotions. This practice can benefit token holders by reducing supply and potentially increasing token value. Does burning impact token price? Token burning can indirectly affect token value. Reducing circulating coins typically generates positive sentiment, potentially increasing asset popularity and value. While not the primary price driver, decreased supply can create scarcity and lift remaining token values. However, many factors influence token price, such as market conditions, sentiment, and project reputation. In conclusion - Token burning remains a potent method for enhancing and stabilizing crypto asset value. Transparency and stability through burning incentivize investor trust, contributing to sustained price levels. Despite not guaranteeing immediate value hikes, burning offers long-term benefits, especially for projects with substantial user bases. Other advantages include community reinforcement and inflation control, making token burning a strategic practice in the cryptocurrency landscape. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light6
Lingrid | SHIBUSDT double BOTTOMEDBINANCE:SHIBUSDT market has formed a double bottom at the support level, a bullish sign that suggests a potential trend reversal. On the daily chart, a triangle formation is taking shape, which is a classic trend continuation pattern. This pattern indicates a price squeeze, where the market is building up energy for a breakout. I think the market will soon break through the downward channel and surge upward, retesting the key resistance levels. This would be a strong indication that the bull run is about to begin. In anticipation of this move, I expect the market to make a temporary pullback towards the support level before resuming its upward momentum. My target is the resistance zone at 0.00002440 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid101033
SHIBA TO 0.000028!!!!!!!!!!SHIBUSDT just got rejected from the fvg zone now price is heading towards to sweep liquidity at 0.00002157 am looking forward to take entry opportunity from the second price rejections from the fvg zone making it double bounce support to breakout to the upside to take out the buy side liquidity JOIN AND ENJOY.... Tell us what you think...............? Longby CAPTAINFX25
Downtrend 1H chart then under 0.000022 it will pump backShib returns below 0.000022 and goes up back to 0.000025, this is after the Federal Reserve risk every time the risk is released bitcoin loses part of its price and of course altcoins follow and this is reflected in Shib Often for quick trading this is in our favor but don't forget to just follow our forecasts. The Shib 1 Cent team is always at the forefront and you move with us to build a strong forecasting force and the chart will follow us. this is how we can win together!Shortby SHIB1CENT118
$SHIB will make millionaires out of usPrice target is ATH $0.0001 by YE '24. This analysis is based on technical indicators (MA Cross, Volume, RSI) and historical trading patterns. Position is long (DYOR). Please note that I am not a financial advisor; and I personally own this token. For more information visit: shib.ioLongby whatstheplay699
TURBOUSDT Don't miss the flightIs another currency like bonk coming Yes Turbo does not travel to the moon But It will go to Mars Community Verified iconLongby ehsanAm19916
$SHIB has a nice target after breakout from gigantic channelGigantic forming (bull?) flag on CRYPTOCAP:SHIB Price is holding nice above 200MA 12h and it forms a triangule with the resistence channel The target is conservative, and it was traced from the bottom of channelby CCCLopes6
1000SHIB/USDT 4H Time Frame Analysis Shib running overall bulli1000SHIB/USDT 4H Time Frame Analysis Shib running overall bullish after showing a significant Change of Character (ChoCh) on Daily and Weekly Time Frame. Planning to buy aggressively at market price would be a poor decision, so marked lower POI to plan further trades. Lets see how the price reacts from here then will share proper entries for Futures.Longby CryptoSkullSignal3
SHIB PriceThe second largest meme- cryptocurrency, Shiba Inu (SHIB) price was in an uptrend and depicted a bullish flag pattern on the charts. Longby TheCoinRepublic3
SHIBA - Buy here, do not miss next pump! (HUGE)Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market structure and map of the uptrend. I suggest waiting for a bullish flag or any bullish pattern, or just simply setting your limit order to buy SHIB lower! I am very bullish on this coin, and the next profit target is 300% away! What Is SHIBA INU (SHIB)? SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Since release SHIB now trades on the ecosystem's proprietary DEX, ShibaSwap.Longby XanroxUpdated 3939301
LOW VOL DOWNTREND COMING THEN PUMP! on 0.000019LOW VOL DOWNTREND COMING THEN PUMP! on 0.000019, its a big potential that a downtrend is coming soon, if BTC heads up to 80k to 90k and beyond shib will definitely lose a zero in about 3 weeks.Shortby SHIB1CENT6
Lingrid | SHIBUSDT +20% potential UPWARD moveThe market broke and closed above the swap level. BINANCE:SHIBUSDT formed a range zone, then broke through it upside. Overall, the price updated higher highs and higher lows on the 1H timeframe. The price is heading toward the resistance zone from the swap level. I think the market might move upward, potentially making +20% because the trend shifted and the market probably bottomed. I expect the price to retest the upper border of the channel and trendline. My target is resistance at 0.00002900 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid7728
Downtrend then PUMP #SHIBhikenashi shows me that there is a down trend and from support area it will accept a big pump and shib will remove a zero this time with BTC pump up to 100K. early buyers from support area will be millionaires! #shibology tips. #shibarmy #shibainuShortby SHIB1CENT6
Shib ATH rally Looking at shib on HTF, we have one more push down and the bottom is in. I’m looking for a long around .705 fib level targeting ATH Longby Scamwick6915
SHIBUSDT shib usdt we looking at very short sell and the we go bullish reference on my analysis aboveby vistaprimefx2
#SHIB/USDT buy setup SHIB breakout the triangle after a bullish#SHIB/USDT buy setup SHIB breakout the triangle after a bullish rally. An upward move is expected from here.Longby CryptoSkullSignal10