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SHIBUSDT trade ideas

SHIB ANALYSIS🔮 #SHIB Analysis 💰💰 🌟🚀In daily chart we can see a formation of "Falling Wedge Pattern" in #SHIB. Currently #SHIB falls from its descending trendline. If #SHIB breaks and holds this pattern then we will see a huge bullish move.💲💲 🔖 Current Price: $0.00001440 ⏳ Target Price: $0.00002050 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB. 🚀💸 #SHIB #Cryptocurrency #DYOR #PotentialBreakout
Long
by ZEUS_Market_Alerts
1
Cup and Handle Pattern for SHIBImagine a refreshing cup of coffee! Let's break down the **Cup and Handle pattern for SHIB, targeting $0.000017 Look for that classic cup shape, followed by a slight handle. This is your signal that something exciting is brewing! Watch for the breakout! Once SHIB closes above the handle’s resistance, it's time to dive in. This is where the real journey begins! Protect your investment! Set your stop loss just below the handle’s lowest point. This keeps your risk in check if the market takes a turn. Aim for the stars! With a target of $0.000017, calculate your potential profits based on your entry point. Use the height of the cup to project your target upwards! Is the crowd cheering? Look for increased trading volume at breakout. High volume is like a roaring applause, confirming the momentum! Keep an eye on the broader market. A bullish trend can give your trade that extra push it needs! Play it smart! Only risk a small percentage of your capital. This ensures you stay in the game no matter the outcome. Stay alert, adapt, and enjoy the ride!Happy trading, and may your gains be plentiful!
Long
by Arabian-knights
SHIBAUSDT.4HAnalyzing the SHIB/USDT chart from a technical perspective, we observe several key features indicating the asset's performance and possible future trends. Resistance and Support Levels: Resistance 1 (R1) at 0.00001803: This level has previously acted as a barrier preventing price ascents. A break above this could signal bullish momentum. Resistance 2 (R2) at 0.00002025: This is a higher resistance level which if surpassed, might indicate a stronger upward trend, confirming a bullish reversal or continuation. Current Price Trend: The asset is trading in a downward channel, marked by the yellow lines, suggesting a bearish trend. The price needs to break this channel upward to indicate a potential reversal. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is above the signal line but both are near zero, suggesting minimal bullish momentum. It’s crucial to monitor this as an upward cross could indicate increasing buying pressure. RSI (Relative Strength Index): The RSI is around 69, which is close to being overbought (above 70). This could either suggest that the price might soon face downward pressure, or if it stays stable, a strong bullish trend. Conclusion: Given the technical indicators and the resistance levels, the short-term outlook suggests a cautious approach. Traders should look for a potential break above the descending channel and R1 to confirm a bullish reversal. On the other hand, if the price fails to break these levels and the RSI enters the overbought territory, we might see a continuation of the downtrend or a consolidation within the channel. It's advisable to set stop-loss orders appropriately to manage risks associated with sudden price movements.
by MarsSignals
MAGIC DUOS NEWS Aug 23, 2024 1D CHART UpdateRECOMMENDATIONS For Very Very Low Capital Investors SHIBUSDT Crypto / Now at 0.00001521 Go LONG! Price crossed SMA 20, NV is positive showing 3.317T and Privot HL continue going up in GREEN. Close position once Privot HL turn RED. SH Proshares Short S&P500 / Now at 11.15 Go LONG once Privot HL turn GREEN. If that happens DJI and SPY will go in the opposite direction. Yes, DOWN. Remember, all these metrics came from 1D Charting. FOLLOW THEM UP TWO TIMES DAILY, AT 10AM & 10PM EST Your COINS will be appreciated!!!
Long
by SolutionsforallNet
SHIB has some potentialSHIBA (SHIB) is one of the newest coins which I started to follow and invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on Target 1,2 and 6. Entry Zone: 0.00000755 – 0.00001018 Target 1: 0.00002629 – 0.00002825 (163%) Target 2: 0.00003778 – 0.0000399 (272%) Target 3: 0.000065 – 0.00006773 (545%) Target 4: 0.0000869 – 0.0000924 (757%) Target 5: 0.000124 – 0.00013 (1126%) Target 6: 0.0001606 – 0.000165 (1487%)
Long
by Abmoon
8
What's next after Shiba Inu (SHIB) 10% recovery?Shiba Inu (SHIB) has seen remarkable whale interest during this week’s recovery rally. The rally, which started on the 19th of August, reaching a 10% gain during the early New York trading session on the 22nd of August.  The recovery also coincided with a recent Shiba Eternity game launched on its Shibarium network. However, the recovery hit a short-term supply at the 61.8% Fibonacci retracement level.  After a massive dump on the 5th of August, SHIB has traded sideways between 61.8% ($0.000014) and 78.6% ($0.000012) Fib levels.  The recent recovery has reached the short-term range-high at $0.000014, which could trigger another sell-off as seen in the past.  Meanwhile, demand and buying pressure surged, as indicated by rising RSI (Relative Strength Index) and CMF (Chaikin Money Flow).  However, demand interest in the dog-themed memecoin was not above the average levels at the time of writing, which could make it challenging to cross the resistance at $0.000014.  So, if Bitcoin’s (BTC) price consolidation below $61K extends, SHIB could follow suit. Ergo, the short-term range highs and lows could remain key SHIB levels to watch in the short term.
by paul_endeo
Shiba FRACTAL : FEB 2024 - 330% in 2 WEEKSBINANCE:SHIBUSDT Many altcoins are currently in Accumulation Phase. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how BTC loves Decembers: The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading. Here's a look at SHIBA's best buy zones in more detail, as well as other altcoins that are in or approaching the ideal buy zone:
by CryptoCheck-
Shiba Inu Pre-2025 Bull-Market Accumulation Zone & StrategyPlease, let me start by saying that the all-time high potential is based on the current price. Since Shiba Inu can move lower within the "accumulation zone," by the end of the upcoming bull-market total growth potential can go beyond 20-25X... How are you doing my dear friend? You asked for it, so here it is... Not much technical analysis is needed because the chart is self-explanatory. Shiba Inu is now moving within a correction, this correction will lead to lower prices and thus the "accumulation zone," after this phase of consolidation we can expect a major bull-market to develop. Let's review this again: 1) Shiba In continues lower. 2) It goes sideways for several months (consolidation/accumulation). 3) A new bull-market develops; higher highs and higher lows long-term. Simple? Clear? Makes sense? If yes, let's continue with the trading tips and strategy next. Trading Tips | Excitement One of the pitfalls; one of the main factors that affect traders adversely is lack of control or the search for, and enjoyment of, excitement while trading. There is no room for excitement when trading. In fact, if you become excited when looking at a position or potential trade, it is likely you are doing something wrong. Excitement can develop because there is an outcome, something in the future that you are not prepared for. There are some scenarios that can develop, either positive or negative, that you are not prepared to handle. If you are excited before entering a position, it means you haven't done your job —research and planning— and thus anything can go wrong at all times. Let me explain. If you enter a position based on this vibration, this energy; even if you have the right entry, the end result can be bad. Since you were excited when you got in, you might not be able to get out at the right time because there is no excitement in closing a position. Once we enter the green zone, we tend to become complacent and when excitement dies down, we disregard all future actions. On the other hand, if we do conclude a winning trade based on FOMO, this invariably set us up for a future loss because it can induce bad behavior. Winning without planning can result in more planning-less decisions and thus future mistakes. It doesn't matter what it is that you are doing; a calm mind is needed for success. This same stability of mind will help you to secure profits on the way up, or cut your losses on the way down. Excitement on the other hand, will lead to varied emotions and these emotions when out of control can never lead to any good. If you are looking for excitement, which is ok in its own right, try an amusement park or a girlfriend; this will get you pretty excited. But if you use the cryptocurrency market for excitement, this is likely to result in major financial losses. Just a small piece of advice: Plan before acting. If you feel excited, leave until you calm yourself and start all over again. Calmness and patience will lead to trading success. Strategy: Buy and hold (late 2024/early 2025), thinking of the long-term. Once the market turns full green, you can consider the sell side. You will have many months to plan. Sometimes, the bull-market for an altcoin can least six months straight. At other times, counting a major correction in-between the action, the entire bull-market can last between eight and twelve or fourteen months. Both scenarios allow for plenty of time to prepare, to plan and to profit in the long-run. Even if you don't plan as you should, I will be here, guiding you by sharing my experience and my perspective on the charts. It can be easy if we are wise. It can be hard if we are dumb. There is only one potential action and that's to buy, once you buy, nothing else can be done. If you prepare yourself to wait for two full years; success is yours. Thanks a lot my dear friend for your energy and enthusiasm. I am here for you and I hope to count with your long-term support. Namaste. —@AlanSantana
Long
by AlanSantana
7
SHIB Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: SHIB is currently in a downtrend and is likely to fall further if the market faces another bearish scenario. The price at $0.0000135 is currently hovering between support and resistance. The RSI is close to the oversold zone, indicating some room for further bearish movement. A quick market reversal could change the outlook, but nothing can be confirmed at this time. Key levels: - Lower Support: $0.000006836 - Primary Resistance: $0.00001799 - Resistance Trendline: $0.000025 - Target: Previous all-time high DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic