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SHIBUSDT.PS trade ideas

Will Shiba Inu Prices Resurface Above $0.000010?Shibarium network's return raises hopes for a SHIB price recovery. SHIB prices rose by 2.24%, indicating potential bullish momentum. A bullish triangle breakout could push SHIB to $0.0000090. After the Shibarium network's troubles, it's now live, embraced by the market. A 2.24% price jump forms a strong bullish candle with a long tail. SHIB price experiences a 23% drop in four days and enters a diagonal low momentum trend. The 4-hour chart shows a symmetrical triangle pattern with resistance from 50 EMA and trendline. A recent jump completes a positive cycle in the triangle pattern, facing resistance. SHIB prices in a symmetrical triangle, primed for a breakout move. Ongoing correction might challenge the support trendline. Potential support at $0.00000794; below, test at $0.00000750. Positive scenario: Break above the resistance trendline could resurface price above $0.0000090. A recovery rally might take SHIB towards $0.000010 overhead resistance.
by Coinpedia-Market-Insight
shiba→ 50% dumphello guys... I am still on my word this coin wants to go down! so bearish!!! right? Or just only my opinion! this coin formed a symmetrical triangle pattern and broke the bottom line! for this situation, the first target is the yellow area! this means at least a 50% drop!!! entry: 0.0000088 target: 0.0000045 _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
17
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Now, price is retesting that breakout level. Pullback to $0.000008 could be an attractive swing entry, with upside potential back to $0.000010. Trend : Downtrend on Short-Term basis and Neutral on Medium- and Long-Term basis. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing. 💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave. 💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level. 💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support. 💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run. 💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
Long
by MyCryptoParadise_Simon
✴️ Shiba Inu Correction Likely Over, New 200% Jump PossibleI will read this chart for you in a easy way, keeping it simple and straight forward. If you enjoy the trade idea, make sure to like and follow and this way the algorithm pushes me to the top and I also know to publish frequent updates. Let's get started. Shiba Inu (SHIBUSDT) bottomed 10-June and immediately entered a bullish wave. This wave peaked at 116% growth which is really good, this happened within 2 months. After a strong move or any type of move basically, a correction or retrace forms/develops, this is what you see happening now and very likely coming to an end. Shiba Inu dropped from its 12-August peak and wicked below the 0.618 Fib. retracement level. Total correction -36%. The interesting part here and what constitutes a reversal signal is the fact that the 17-Aug. candle closed above 0.618 Fib., as mentioned above, and the candle that followed five days later, 22-Aug., ended as a Doji with a long lower wick and closing green. This Doji reversed before hitting the 0.618 support. This all means that the bears/negative/down, tried to push prices lower but the bulls bought everything up. We can easily see how the volume was high yet after 17-Aug. it drops. This is all telling us (you and me) that the correction is likely over. If it extends, support is marked on the chart and the bias remains bullish. This is only wave 1 of a bullish impulse as in Elliot Wave theory. The next wave can produce ~200% from the current price, regardless if the next move starts within 3 days or 2 weeks... We have 5 waves total in an impulse, 1,3,5 up, 2,4 down (corrections), meaning, there is plenty of room/time left for additional growth. Your support is highly appreciated. If you enjoy the content and would like frequent updates on this pair, just let me know. If it gets enough boost/likes, I can post daily... Thanks a lot for your support. Namaste.
Long
by AlanSantana
7
Exploring the Potential: Shiba Inu Token's Journey to 0.00000705Dive into the fascinating world of cryptocurrency as we examine the intriguing trajectory of Shiba Inu Token. With its recent fluctuations and promising developments, many investors are speculating on the token's potential to reach a price of 0.000007055. Join us as we analyze the factors influencing Shiba Inu's movement, including market trends, technological advancements, and community engagement. Whether you're a seasoned crypto enthusiast or a curious observer, this exploration into Shiba Inu's journey offers valuable insights into the dynamic nature of the crypto landscape. Discover the possibilities and risks associated with this projection, and gain a deeper understanding of how this digital asset might shape the future of decentralized finance.
Short
by cakpras
Shib-Inu - Are we🙇‍♂️ Safe or 🙅‍♂️Sorry - Next 3 daysWe have experienced the August 21st, 2023, crash as I expected to happen, however; things took an interesting turn, as the S&P 500 is showing signs of rebound on the day and 4 hour chart. We maybe expecting a boost in price soon vs a downtrend and the suspected 0.00000100 crash may have been averted - the real question is, are we safe to buy, is it over with. Answer: We don't rightfully know, the 4 hour chart on shib is down, however; it is curving up-word and leveling off, it's a likelihood that shib is safe from the crash but for how long is unknown - but for now reap in the recovery and hopeful we all make a return to the 0.00001000, as far as the 3 days depending on the S&P 500 we should be fine. Buy now if you like - your money your choice. Will add my findings below and update you as it develops. Also thank you all for the 100 followers. Much love on that.
Long
by Grandmaster_Oz
SHIBUSDTThis is a 1D frame analysis for SHIBUSDT After hitting the resistance line, the price was unable to establish itself above it and with the high selling pressure, bears were able to push the price down. However, currently the price can establish itself on the first support line and after a bit of rest can move back towards the resistance line. But if it fails to establish itself above it, the second support line can support the price. Suggestion: Those who intend to buy can place orders on our support areas and must not forget to set a stop loss.
by MarsSignals
SHIBA INU Short👇 15min "Hello everyone, with a 15-minute timeframe, the possibility of a drop exists considering the downward trend of Bitcoin and the ranging behavior of Shiba." "Hello everyone, with a 15-minute timeframe, the possibility of a drop exists considering the downward trend of Bitcoin and the ranging behavior of Shiba." "Considering that the 4-hour channels have been displayed and the 1-hour channels have broken, breaking these channels will entail both upward and downward scenarios."
by amirjanbaki
3
Shiba Buy TradeHere is My Study On Shiba. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast