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SHIBUSDT.PS trade ideas

SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders. Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day. Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend. This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721. The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760. it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00. price strength is at a reading of 46.39, with the next visible point of resistance at 51.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
Will SHIB Hop Above The Bear Trap?Bearish Wedge: SHIB price action is within a bearish wedge pattern. Morning Star: A morning star pattern hints at a potential bullish breakout. Price Target: A breakout could pump SHIB to $0.00000851. Uptober Season: Despite a bearish market, SHIB shows signs of recovery. Current Price: SHIB is trading at $0.000000696. Intraday Growth: SHIB has an intraday growth of 0.58%. Resistance Trendline: SHIB faces constant rejections from the 50-day EMA. Support Baseline: SHIB finds support at the bottom of the wedge. RSI Status: The RSI shows a rounding reversal from the oversold zone. 50-day EMA: This level acts as a dynamic resistance for SHIB. Optimistic Scenario: A bullish breakout could lead to $0.00000851. Pessimistic Scenario: A slide below support could lead to $0.0000060.
Long
by Coinpedia-Market-Insight
Shiba Divergence Signal?DESPITE The market enviroment and ethereum & bitcoin noise being tossed around in the news fundamentally. In a literal and Technical way some of our current established tokens have not done all that bad. It seems that the web-3 adjective that we seemingly moved on to from the defi-buzz has stuck with the market and any affinity shown to alt-coins and Crypto-currency projects has ultimately resulted in the total crypto cap going down significantly. Now that we have gotten a grace period if you will not exactly week but good volume on a good number of pairs it begs the question. Are investors finally taking matters into their own hands and actually seperating the respective coins from the startups/projects and business proficient enviroments which also include other projects that when given the gyst we would assimilate to as tokens for small businesses. Now shiba-inu is a VERY controvertial token such as others head my warning when investing of any kind, justly and fairly posting my opinion. Like i said Bitcoin And Ethereum are all over the headlines. If investors are indeed making this transition nto a new market enviroment, given the correct volume and momentum they could fall for the use case FOMO. On the 4H-WEEKLY It seems like shiba-inu is entering familiar territory as it did last year second quarter beginning before ultimately declining hard. This year we had a very volitale and unpredictable Q2 where we saw Prominent machine learning and ai along with projects who aspired to innovate do really well before their luck ran out and the inclination stopped. Now back to the FOMO & Shiba claim, a divergence on the rsi has appeared on the weekly and 4h. Relating this to our last years second quarter which did really bad for CRYPTOCAP:SHIB we are at a similar rsi level with several deviations and attempts that have led up to no major decline for some holders. Putting it this way if we take a look and want to appreciate the seasonality while remaining strategic we can observe the fud surrounding Bone and Leash's debut on shibarium which had similar media coverings and I took notice of again in Q2 2023 where the volume ultimately went to other projects
by 0oopensourcerxr
2
Will Shiba Inu Crash This Season?Falling Wedge: SHIB forms a falling wedge pattern in the daily chart. Negative Cycle: Ongoing downtrend teases continuation under $0.00000651. Current Price: SHIB is trading at $0.00000683. Psychological Mark: Took a bearish reversal from $0.00001068. RSI Indicator: RSI enters a negative trend, testing the oversold boundary. EMA Resistance: The 50-day EMA acts as a dynamic resistance. Lower Highs: SHIB continues a trend of lower high formations. Crucial Support: Next crucial support level is at $0.00000651. Bullish Bounceback: Possibility of a bullish revival due to upcoming support levels. Market Conditions: Volatile conditions with Bitcoin ETF decision pending. Resistance Trendline: Overhead resistance close to $0.00000715. Deep Correction: A slide below support could lead to $0.0000060.
Long
by Coinpedia-Market-Insight
📈Rest in peace Shiba Inu📉BINANCE:SHIBUSDT COINBASE:SHIBUSD Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level I personally liked this dog very much In the next few days, SHIBUSDT is expected to stabilize between the yellow areas. If the price breaks below the mentioned areas, the price will drop to the level of 0.0000065 (probably price receive support here) and then 0.0000059. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Long
by CrazyS
1
SHIB's Slip or Shift: What's Next?As of October 10, 2023, Shiba Inu (SHIB) is trading at $0.00000688, showcasing a descent from its price range maintained from September 11th to October 9th, where it oscillated between $0.00000712 and $0.00000760. The price took a dip on October 9th, moving out of the previously held range, reflecting a market sentiment shift. Key Prices: Current Price (as of Oct 10, 2023): $0.00000688 Recent Price Range: $0.00000712 to $0.00000760 (Sep 11 - Oct 9) Fibonacci Levels: 0.0 at $0.00000673, 0.5 at $0.00000700, 1.0 at $0.00000729 Analysis: The recent price action reveals a break from the relatively stable range held over the past month, entering a new territory as of October 9th. The drop aligns with a broader market sentiment that remains cautious, if not bearish. The Fibonacci retracement levels drawn from the recent highs and lows provide a technical perspective, outlining potential support and resistance zones. The 0.5 level at $0.00000700 could act as a psychological barrier, with the 1.0 level at $0.00000729 indicating a stronger resistance, and the 0.0 level at $0.00000673 serving as a crucial support. Most Probable Scenario: With the price currently lingering below the 0.5 Fibonacci level, SHIB faces a testing time. A rebound from the current levels, possibly finding support at the 0.0 Fibonacci level, could attract cautious optimism among investors. Conversely, failing to hold above the 0.0 level might extend the bearish sentiment, driving the price further down. The reaction of SHIB's price around these Fibonacci levels, coupled with any upcoming market developments, will likely dictate its short-term trajectory. The historical price range and the recent break from it should be closely monitored by investors to gauge the market's next move.
by MonoCoinSignal
3
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders. Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East. SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221. Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690. The relative strength index (RSI) also dropped below a support point at the 37.00 mark. price strength is tracking at 34.90, and appears to be moving towards the 30.00 region. Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2