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SHIBUSDT.PS trade ideas

SHIB Giving Powerful Alert on Macro ! Like many other asset prices in crypto Shib has been forming a baseline for a while This is a powerful structure that can create fierce movement either way. Look to bitcoin in 2018. Bitcoin did fall there then by roughly 50%. Value cut in half. This is potentially in play for many assets forming a baseline. If the trend stays green then the move out of this can be up with strength A move out of the base structure can be very volatile.We are looking in terms of this recent alert for price to stay above trendline less we need to exit position from fear of trend turning against us.. quickly. When moves fail they can fail fast Becareful in holding positions that are going against you when in such a base. These base breakouts or breakdowns can be very rapid. For certain strategies we want to ride the trend. There are other strategies We try build tools that suit for different strategies in different situations check out the links provided See you soon GeorgeOnTV
Long
by SoftQuant
7
Shib August 2023 prediction update, Alien🛸Edition.BINANCE:SHIBUSDT COINBASE:SHIBUSD BINANCE:SHIBEUR CRYPTOCAP:SHIB Hola Shib fans I'm here to give you another rendition of my crazy wild predictions. Preying I don't break the internet with this update. Well there is good news and a little somewhat bad news, as we near closing on the day chart as of 8/14/2023. Shib took a major lost and is at a potential to lose more without support in the coming weeks till August 21. Note: It is salvageable but hard to do. Shib still has a capping issue, it's a likelihood that it will fall to the 0.00000950's if support is not available by 8/16/2023, but hopefully that won't be the case, in fact I am counting on it to fall to give it more breathing room to make another big run to the 0.00001500 or more by Aug 21st due to Shibarium gaining support, but shib needs to be at the 0.00001200 by 8/16. For now It'll need to rise and it may not go no higher which will allow the day chart to lower down well enough to make an additional capping space for shib to move up once more to the 0.00001400 locking shib in at that range and allow it to move higher. There has been two mistakes made in the day chart back in Jan 2023 of this year. Shib moved too high too fast an it forced itself to reach the market high day wall - these are based on the limited support or the amount purchased by rallies and whaling activity, without it - shib as no choice but to relieve itself of that pressure. So everytime shib made it to the peak of the daily chart. Shib would lose a considerable amount of momentum and shib lose the overall support in rushing to the 0.00001800 range, and with the addition of low support or sell-offs - Shib slowly but surely crash back down to the 600 to 540 range of this year. So sadly we maybe making the same mistake twice in one year. Shib can never get above the 2000 mark - because Shib is always hitting an invisible wall forcing the crypto to crash back down to the lower 900 range and stealing a zero, like swimming in a frozen lake and you can't break the ice wall above you to breath. So in conclusion - I blame 👽Aliens for this , - that's right 👽ALIENS - little green men, who came from crypto space and they wanna keep Shib down, they did it - they took our cows, they took our families, hell they even took our jobs, now they taking away shib success run with a market cap wall, that's where we shib-fans draw the line. Set your auto-sell date Shib-fans cause this ain't over, not by a long shot!! All jokes aside we can save this we just have to maintain the up run we have so far.
by Grandmaster_Oz
✴️ Shiba Inu End Of Consolidation = Bullish SetupThis chart shows a pattern that is visible on most Altcoins, most of the trading pairs. After the lo 10-June we've been experiencing a long bullish consolidation phase. This consolidation is reaching its end as SHIBUSDT (Shiba Inu) trades above EMA50 daily with a full green candle today. The indicators are on the bullish side with plenty of room available for growth. It seems it will only take days now before Shiba Inu produces a massive, sudden price jump. The bullish wave can least 1-2 months. Will Shiba Inu move ahead will Bitcoin drops? I don't think so, everything grows . Prepare. Namaste.
Long
by AlanSantana
7
With An Extended Rally, Will Shiba Inu Reach $0.000013?Challenging the Fibonacci Level: SHIB's price is challenging the 50% Fibonacci level, and a golden crossover may be imminent. Overhead Supply Challenge: The price trend is challenging the overhead supply at $0.000010, and a bullish breakout could propel the price to $0.000013. Recent Gains: SHIB has gained 62.92% in the last 60 days and is currently trading slightly above $0.000010, with an intraday gain of 3.52%. Fibonacci Retracement Analysis: The recovery rally is challenging the 50% Fibonacci level, but higher price rejection indicates selling pressure. Increasing trading volume signals high demand and potential continuation of the uptrend. Bullish Scenario: If the bullish trend sustains above 50%, a breakout could lead to a 21% gain in market value. Bearish Scenario: If the price fails to rise above the 50% Fibonacci level, a reversal could retest the bullish dominance and 200-day EMA at $0.0000093.
Long
by Coinpedia-Market-Insight
PSA#1 - Early 🤕(Crashing Warnings) for day and swing traders.This is a head's up to anyone who is a day trader or swing trader and wondering when and if it's going to crash, let me say this now. Please do me a favor and reframed from asking that cause I can't call it when the 4 hour chart is not at a peak high. This thing will kill your wallet in a day and take away over 30% or more of what you gained, but the best way for me to call it - is when it's at a peak high, no where else. I get it, you want to turn a profit with a day trade, take my opinion I will be giving a lesson soon on - but don't day trade with crypto, it's to volatile and can rapidly change in mere moments, so day trading crypto in my opinion is a death trap for your money. Swing trading however; has a better chance of making gains in this scenario. I try to warn everyone one day ahead of the suspected 4 hour chart and day chart crash, giving you time to save yourself from loses, I'm not always on point but the best I can do is warn you, it is up to you if you want to take the risk of selling. Once the day reach a peak high - it's coming down, I literally will warn everyone a day before - that drop is coming and there is hardly anything outside a whale or rally can do to stop it. This thing creates panic selling issues which adds on to the problem and makes it drop even worse. But once it starts to recover those that sold either get back in before it grows to fast gaining more shares in return, or miss out and be stuck with a lost. An even calling that can be hard to do when this 4 hour chart is rapidly crashing and a stopping point is just as hard to determine, you can over shoot the target for a rebuy or under shoot and take on loses with everyone else. So remember when the Day is announced as having a peak high and I see red on the 4 hour chart peak - be ready to sell and don't buy back in for at least 1 full trading day or even 2 - it'll be none stop crashing even with support. Anywho Happy Trading everyone.
by Grandmaster_Oz
SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction: The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so. The Coinbase Transfer and Its Impact: In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer. The Concerned Tone: As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations. Call-to-Action: Taking Profit from SHIB Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential. If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy. Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns. Conclusion: The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
Short
by bryandowningqln
1
What we need to know about SHIB/USDTTwo points in Shiba Inu are significant that some traders have not paid attention to: First, it's about scalpers who should note that Shiba has not yet broken down the trend line on the daily time frame..... If the trend line breaks, it is possible to fall to $0.0000067, and if the whole market falls, Shiba is likely to fall to $0.0000058. (between 20 and 30 percent, not 50%). *********************************************************** Second, as a long-term holder, I have to say, Shiba has had enough dropping. Therefore: Gradual buy can be a good option.
by bozorgzadeh
7
🔥 SHIBA Bearish Channel: Bear Market Bet!SHIBA has a very decent over the last month or so. It's likely that we get some kind of reversal in the near future. I'm going to increase our bearish chances by waiting patiently for SHIBA to reach the top resistance of the channel. Yes, this trade playing out would require a continuation of the bear market for the next few months. This could also be considered as a hedging trade. Stop just above 1400, target at 500, results in a very decent R/R of 7.92
Short
by FieryTrading
13
SHIB: Resistance BreakoutShiba 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. Price could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance: Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, which it broke, then $0.00001200.
Long
by altFINS
SHIB/USDT BULLISHGot a request from one of my loyal followers about my outlook for #SHIB so here it is 🙏 We just did undergo a HTF breakdown below an obvious TL & more importantly, the range A good thing to note is that there was ZERO follow-through after the breakdown and since then the price has managed to buyback For now however, just a bearish retest, to be fully convinced it needs to do a little bit more and reclaim the HTF range above $900c If so, then the next target is the mid-range and top of it at $1700c For even more HTF look I'd love it to accumulate in this range till the end of 2024, then bull market breakout
Long
by Motivation_Voice
3