Shiba Inu SHIB Trend LineShiba Inu SHIB has broken through the monthly trend line, initiated a bull market signal, and seen historical highs and higher prices.
SHIBUSDT.PS trade ideas
ITS A TIME TO SELL SHIBA COIN ?? SHIBA COIN PRICE ANALYSIS !!SHIB Coin Update & Possible Moves !!
• On 4h tf currently trading Now below From its resistance.
• MACD & RSI Look Over bought on 1D Tf + Creat Double top on 4h Tf. ( overall bearish signs )
• Possible price drop directly From Current Level or again touch its resistance and then drop. ( scenerio invalid if its break its resistance & sucessfully retest )
• Sell You bags if You are holding in spot wallet For short term & if you wanna take position in short then don't invest upto 1% with leverage under this choppy markete 😴
FOLLO ME FORE MORE ANALYSIS
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀
Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈
Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments.
You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token!
I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable!
Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊
Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms.
Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions.
Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
shiba inu cup and handle handle has yet to form but looking back to may 2022 this same pattern has already happened 2 other times since then im looking for a retest on the 200 ema and a 60% banger
SHIB Shiba Inu Falling Wedge PatternIf you haven`t bought SHIB here:
Shiba Inu (SHIB) is showing signs of a potential reversal after a falling wedge pattern, indicating a possible bullish upswing. This pattern suggests that the downward trend may be losing momentum, and a price recovery could be on the horizon.
Based on this analysis, your price target for SHIB is set at $0.00001100.
Looking forward to read your opinion about it.
SHIB LONGA deeper examination unveils SHIB's current position at the 0.5 Fibonacci level of its preceding descent. Notably, the 0.618 Fibonacci level lies at $0.00001169, aligning with the aforementioned future target. Moreover, the 0.786 Fibonacci level materializes at $0.0000135, a pivotal juncture where the downward trend line and Fibonacci ratio converge. With a keen analytical eye on SHIB's present momentum, it's within the realm of anticipation that the $0.00001169 target will be within reach by the month's conclusion. This optimistic projection, however, hinges on SHIB's ability to maintain its stance above the recent low watermark of $0.000009.
you have to see this shiba inu analysis very helpful for entryprice making higher low and lower low...not good for investment right now...i think it can go more lower...
if helpful like and follow..thank you.
Shib inu trade I am targeting yhe 200 day ema if it can break that level could push it to the next major resistance that i have marked with a red horizontal
Shib short ideaShib is a great asset to trade as it moves around a lot. It can be very unpredictable but it seems that it is at a big resistance level. If this double top is created and holds a nice rejection then a decent short could be played from this level. Move your stops to BE once you get into a decent amount of profit. Also keep your stop close so you dont lose to much if this keeps going. Bitcoin seems to be finding a decent rejection so I would assume shib would follow the rest of the market.
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and 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, then $0.00001200.
With Golden Crossover, Will SHIB Jump 15%?
Golden Crossover Approaching: SHIB's technical indicators signal a bullish trend.
24-Hour Jump: SHIB prices have risen by 3.02%, reflecting a strong reversal.
Above 200-day EMA: Increasing chances of a golden crossover.
Targeting $0.000010 Breakout: Potential new high on the horizon.
Robust Support Trendline: Contributed to a 53.96% surge in the last 60 days.
Imminent Shibarium Launch: Heightened speculation and future growth prospects.
Bullish Reversal: From a consistent decline to a bullish reversal at $0.000006677.
Potential Climb to $0.00001179: Fueled by enhanced sentiment and demand.
Risk of 8% Decline: If prices dip below $0.0000090, a retest of the support trendline may occur.
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day.
Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session.
This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday.
As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00.
the index is tracking at 65.67, with Shiba Inu also falling from its previous high.
SHIB/USD is now trading at 0.000009749.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Analysis of Shiba Inu (SHIB) Price Movement and Layer 2 Release Long story-short, Anticipating a move toward the target in the yellow bubble.
Introduction:
Cryptocurrency markets have been marked by significant volatility and innovation, with Shiba Inu (SHIB) emerging as a prominent meme token within the broader crypto landscape. In recent trading sessions, SHIB has exhibited an upward trend, approaching a critical resistance level. Furthermore, the impending release of Shibarium introduces a potential catalyst that could influence SHIB's price dynamics. This analysis delves into the recent price movement of SHIB, its technical outlook, and the potential implications of the forthcoming Shibarium release.
Recent Price Movement and Technical Analysis:
Over the past trading sessions, Shiba Inu has demonstrated a bullish trend, as evidenced by its movement towards testing the next level of resistance. Technical analysis reveals that SHIB has breached key moving averages, indicating increased buying pressure and potential upward momentum. The Relative Strength Index (RSI) suggests that SHIB has entered overbought territory, implying the possibility of a short-term correction. However, the Moving Average Convergence Divergence (MACD) histogram shows positive momentum, signaling further potential for an upward move.
Key Resistance Level and Potential Breakout:
The next critical resistance level for SHIB lies ahead, and its ability to breach and sustain above this level could signify a breakout. Traders and investors are closely watching this level, as a successful breach could open the door to further price appreciation. Conversely, a rejection at this resistance may lead to a short-term retracement, finding support at lower levels.
Shibarium Release Impact:
One of the most anticipated events in the SHIB community is the upcoming release of Shibarium. This decentralized exchange and NFT ecosystem holds the potential to introduce new utility and demand for SHIB tokens. The introduction of Shibarium could enhance SHIB's fundamental value proposition, potentially attracting more users and investors to the ecosystem. This event has likely contributed to the recent bullish sentiment, with investors positioning themselves ahead of the release.
Risks and Considerations:
While the current outlook for SHIB appears positive, it's essential to acknowledge the inherent risks associated with cryptocurrency investments. SHIB's price is subject to rapid and volatile fluctuations, driven by market sentiment, regulatory developments, and macroeconomic factors. The overbought RSI and the potential for profit-taking after the Shibarium release could lead to short-term price volatility and corrective phases.
Conclusion:
In conclusion, Shiba Inu's recent price movement reflects a bullish sentiment as it approaches a critical resistance level. The impending Shibarium release adds an extra layer of excitement and potential catalyst for further price appreciation. Traders and investors should closely monitor SHIB's technical indicators and the progress of Shibarium to make informed decisions. However, it's important to exercise caution and manage risk, given the inherent volatility of the cryptocurrency market.
There is two possible scenarios for Shiba InuScenario NO.1: In this scenario, Bitcoin and cryptocurrencies work well in the same way, and Shiba Inu continues its positive activity under the skin and breaks the resistance of 0.00001055 and goes to the next resistance.
Scenario NO.2: Bitcoin and cryptocurrencies will reverse their positive advance and Shiba Inu crypto sellers will increase in proportion and then close to the 0.00000832 support.
As you can see, the Sar and MACD indicators are showing a weak upward trend at the moment, so the price will probably rise to the range of 0.00001055.
Still on track for new ATH in 2023Previous idea still on track. Added in new smiley faces to mirror:
1) Retest of the .146
2) Retest of the broken bearish trendline
It is still moving according to the analysisAccording to the analysis, the upward trend continues and has the possibility of creating a sharp trend
SHIBA/USDT longterm possible scenariosShiba longterm possible scenarios from my view.
🤌THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
Predicting the Future of Shibarium🥳BINANCE:SHIBUSDT - CRYPTOCAP:SHIB - COINBASE:SHIBUSD
Month to month year to year chart.
Hola shib fans - I had a question asked by one of my followers about Shibarium.
From: ShibaArmy77
"@Grandmaster_Oz I know this is a silly question that no-one can be 100% certain of... Do you think when the Shibarium gets launched, can Shiba potentially eat 2-ZEROES? I know there's not a definite answer, just wanted to hear your thought on it and see if there is a potential?"
Good question!
Short answer : Anything is possible, such as - if dead companies like blockbusters that's been Bankrupted and liquidated can comeback from the dead and have a market price higher than Elon Musk's favorite crypto the dodge coin.
😏See what I did there.
Then it's possible for Shibainu to see heights such as removing a few zeros, in fact I'm begging it to - please do so, I want to retire at 40 years of age.
But sadly you come asking for a real prediction and yes it is possible for it to even see $0.01, but we would require a rally for that to happen.
So the long answer is : not really possible not at this very moment.
Shibarium is launching at the right time yes - as the market for shib from this month currently - till July of 2024 is in an up trend / wave - which can aid the potential rise of shib to newer heights - but there are a lot of unwanted factors in the way, for example:
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Public/ market interest
The fact we are supported by Ethereum - but that's not much of a issue if we can rally up-word and give shib a backbone of it's own.
Government regulations breathing down our necks.
An Lastly
The flow of the economy
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What can fix or remedy these issues are:
large rallies in wave succession
Whales looking for greater gains at such low prices.
High public interest
More reward than risk
less panic sellers
less impatient investors ready to sell
less impatient whales that like to sell
And lastly
Removal of day traders - like myself.
😩(Yeah I'm contributing to the problem, but who wants to watch it crash when you can have greater returns.) (Sorry in advance)
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But this is just the tip of the iceberg we call Shib with the support of Shibarium.
Your other issue is the path it takes. With the right path it will rise over time, the wrong path with no support will result in Shib crashing to it's original state it was suppose to be in the market.
It's mostly people selling to make it rich and forcing the wave to start collapsing, and once it starts it's not stopping. So that is the cause but really it's a lot of factors, mostly timing and the willingness to buy.
Get a single rally to make a powerful wave up to 0.00008000 or more, it'll fall within a week because of lack of support - new buyers panic selling and everyone wondering why the hell is it crashing and rushing to blame the value of the shib market for it's weakness.
But in reality we are riding in waves, and some waves are high others are low and when there low even with a rally it will fall back regardless of how you feel about the coin. Trick is you need more than one rally to force it to move up and keep it in place or else it continues to fall back down, it's always wanting to go down, that's the stock market in general.
And lets not forget about the crypto depression that can take you from 0.00008000 to 0.00000700 in a matter of 2 weeks. That's what happen in 2021.
So the best path to take is the slow and steady path, that's creating new peak points and gaining support to stop the lows from getting any lower.
Even with cryptos like Bitcoin for example and their limited supply - the price is still going down because they are in a down wave and the holders don't even know it or care to hear about it.
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So in conclusion do I think Shibarium will help Shib lose a few zero?
Yes, it will but highly unlikely to happen at this very moment maybe in a year or so - but you never know till you Hold and watch the ride.
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Just be happy we have something that doesn't go bankrupt like the stock market does with companies that enjoy doing negative splits and charging you 50 bucks for your 1 share/ half a share, blasted thieves.
Yeah sorry past events on E-trade popped in my mind, more like nightmares really.
Any-who hope this helps.
$SHIB is officially on a countdown for launch!Golden Cross approaching on the Daily with good momentum...
SHIBA INU what is next? 📖💡Hello 🐋
Based on the chart
the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️
beside
we expect to see gain and pump from our first support level 📚✔️
if
we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIB/USDT - Sideways Trade PlanAlthough, a bearish divergence has formed on the RSI. There is resistance on R1 and good support on S1, keeping the price movement within the range. We may set pending orders for buy and sell stop and on trigger manage the trade accordingly.
SHIB Prices Ready For A Breakout Rally?24-Hour Price Jump: SHIB prices have risen by 7.50% in the last 24 hours, retesting the $0.00000908 breakout level.
Above 200-day EMA: SHIB prices are now above the 200-day EMA, enhancing the chances of a golden crossover.
Trend Reversal Opportunity: The current price action indicates a potential new high and trend reversal for SHIB.
Two-Month Bull Run: A resurgence in buying pressure has maintained a bull run for 45% in the last 56 days, breaching the 200-day EMA.
Potential Golden Crossover: The 50-day EMA shows signs of a potential golden crossover in the daily chart.
Overnight Gain with Volume Jump: SHIB's price gained 7.50% overnight, with a 40% increase in intraday trading volume, undermining the previous 9.93% drop.
Sustaining Above Fibonacci Level: The retest helps SHIB sustain above the 23.60% Fibonacci level, increasing the uptrend possibility.
Bullish Daily Indicators: Both MACD and RSI indicators in the daily chart show a surge in bullish sentiment, with MACD maintaining an uptrend and RSI reaching the overbought boundary.
Weekly Chart Analysis: Despite failing to sustain above $0.000010, a sharp lower price rejection indicates a rise to challenge the 50 EMA, supported by a bullish MACD crossover.
Potential Bull Run to $0.00001179: If SHIB closes above the 23.60% Fibonacci level on the weekly chart, it may start a bull run to the 50% Fibonacci level.
Risk of Downtrend: Excessive selling pressure above the 23.60% Fibonacci level could lead to a new lower high formation, possibly challenging the support level of $0.00000667.
