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%)
SHIBUSDT trade ideas
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.
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:
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
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
SHIBUSDT wait for next +100% pump At least we are looking for +100% pump from these strong daily support zones here and possible pump here after the weeks of range and fall is expected.
Major supports and resistances are all mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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Shib path to November 2024 - 2025 Hola Shib-inu fans, I have been getting request while I was away - asking what's the next move for Shib in this current market today.
Along with questions such as:
Why is it crashing so much?
Should you buy, hold, or sell?
Where do you see the market in the next year?
To answer that question is simply put I can not answer that directly at this time. Reason being, the market is currently influenced by the United States political and economical climate and is likely going to make an even greater impact based on which candidate wins office.
Republicans🐘 vs 🐎Democrats
Currently control the market movement, and if you don't believe me, after Donald Trump was shot, Republicans believed that this would land Trump a landslide victory, so Whales and influencers to the market flooded the main crypto wallets BTC and ETH among others with rally that led the price of bitcoin from a 56k lost back to a 70k return. Another example of how the US as well as China has a major controlling factor on how the market moves, is the fact that this most recent crash is based on the US CPI report being unsatisfactory forcing both the crypto and SnP market to crash from that outcome alone.
This is mostly the results of Bitcoin and its holders trying desperately to have ETF's take center stage and by doing so gave much of the control over financial growth to the banks and the governments that control them. That's the price we paid to have ETF's we are now apart of the regulatory stock market which is mainly control by the US market base.
So to understand where the next move for shib may lead is basically impossible to tell depending on who wins in November, so to help with this issue, I made a pathing map, and possible areas of concern for holders to look out for on a modified day chart converted to a weekly chart.
This path starts and end in November of 2024 to 2025 where if the republicans win, it will influence buying power from whales looking to capitalize on the returning president trump and the republican party new policies that want to put in place that is more beneficial to those with wealth they which to extend further.
vs
Another democratic win where policies may not change to much but will be a greater impact on the financial markets as a whole which will not rally whales if any at all and will likely cause a selloff in much of the markets not just in crypto.
So hopefully this map helps guide you to a positive path to riches or avoid a possible path to ruin.
SHIBUSDT soon +150% pump and 0.00029As we can see price is now near major daily supports mentioned on the chart with green zones and we are looking for rise and pump here like the green arrows on chart and our first target is at least +100% pump here.
DISCLAIMER: ((trade based on your own decision))
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Shiba Inu Price Drops 22%. Can it break the trend?The 22% drop in Shiba Inu’s price over the last 24 hours results from bearish investors and similar market conditions. Signs of SHIB holder’s negative sentiment became evident following the shift in funding rate.
The funding rate indicates that SHIB investors have been anticipating a decline, with their expectations aligning with the recent drop in price. Their concerns about a downturn were realized as soon as the price turned red.
The Chaikin Money Flow (CMF) further illustrates that Shiba Inu investors have been actively withdrawing their investments. This trend of significant outflows highlights growing caution or dissatisfaction among the investor base.
Shiba Inu’s price at $0.00001105 fell below the support of $0.00001141, leaving the altcoin vulnerable to falling to the support of $0.00000898. This level has prevented further decline in the past, and SHIB could bounce back from it.
To recover and break the downtrend line, the meme coin must first turn $0.00001473 into support. Given the current challenges, this could be difficult, and SHIB might consolidate below this level.
On the other hand, if SHIB investors change their stance and turn bullish again, recovery is possible. Breaching the downtrend line would invalidate the bearish thesis and help reclaim lost profits.
SHIBUSDT.1DAnalyzing the SHIB/USDT daily chart, it's clear that the market has shown a mixture of explosive growth followed by a sharp decline, which is typical for volatile assets like SHIB. Let's dive deeper into the key technical indicators and the support and resistance levels to get a clearer picture of potential market movements.
Support and Resistance Levels:
Support Level 1 (S1) at $0.00000549, which the price is currently testing. This level is crucial as it has previously acted as a floor, preventing further downward movement.
Resistance Level 1 (R1) at $0.0000219, which marks the recent high point and could serve as a strong resistance if the price attempts to recover.
Resistance Level 2 (R2) at $0.00004567, representing the peak of the previous bullish spike.
Technical Indicators:
The MACD (Moving Average Convergence Divergence) shows a divergence below the signal line and is deeply negative, indicating strong bearish momentum. This suggests that the downward trend could continue unless there's a shift in market dynamics.
The RSI (Relative Strength Index) is approaching the oversold region but has not yet breached the 30 level, suggesting that there might still be room for further downside before a potential reversal could occur.
Conclusion:
From my analysis, the SHIB/USDT pair currently presents a bearish outlook. The price testing the support at $0.00000549 is pivotal; a break below this could lead to further declines, potentially creating new lows. Conversely, should the asset stabilize and rebound off this support level, it could attempt to challenge the resistance levels above. Given the current negative MACD and approaching oversold RSI, traders should remain cautious and look for potential signs of reversal or consolidation at the support level. As always, keeping an eye on broader market sentiment and news that may affect SHIB's price is crucial for timely decision-making.
Strong selling pressureBINANCE:SHIBUSDT Shiba has faced a sharp decline in price, and as you can see, it is below its downward trend line and it has failed to break through identified resistance levels. This indicates strong selling pressure and decreased investor confidence.
Support and Resistance Levels:
Support Level: If the downtrend continues, the price is likely to reach the support level of 0.0000137885. This level acts as a key point to prevent further price declines.
Resistance Levels: To reverse the current downtrend, the price needs to break out of the descending channel and surpass important resistance levels at 0.0000150638 and 0.0000160392. Breaking through these levels would indicate a return of buyer strength and the potential start of an upward trend.
If the price fails to break through the key resistance levels, the selling pressure may continue to push the price downward. Conversely, if the price surpasses these levels, the likelihood of a trend reversal and an upward movement increases.
$SHIB support and green zone for buying long and refillI have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance.
DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take your profit and control your greed. Meme coins are not for holding long-term—make a profit, sell, and buy another one.
We are in a CRYPTOCAP:BTC downtrend, so it's time to catch opportunities. In 2 months, the current prices will look very cheap.
An entry at 0.000015 or less is a bargain. Then, just wait 2 months and sell at the top of the altseason.