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SHIBUSDT trade ideas

Lingrid | SHIBUSDT potential BULLISH Momentum is BuildingThe price has perfectly fulfilled my previous forecast . BINANCE:SHIBUSDT market has broken through the range zone, initiating an impulse move and subsequently forming a new range zone in the shape of a triangle pattern. This squeeze suggests that an expansion is imminent. Currently, I think the market is in the accumulation phase around the level of 0.000015. We observed a significant long-tailed bar that rejected the support level, which indicates a strong buying zone. I anticipate that the market to pull back towards this support level before moving upward, provided we see a buy confirmation. My goal is resistance zone around 0.00001970 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
10
TradeCityPro | SHIBUSDT $1 Target ?👋 Welcome to the TradeCityPro channel! Let’s analyze Shiba, one of the most famous meme (shitcoins) in cryptocurrency, which has changed many lives for better or worse to see if it can reach $1. 🌐 Overview Bitcoin Before analyzing today’s altcoin, let’s take a look at Bitcoin on the one-hour timeframe. It is breaking the 96,330 support, and if our RSI enters the oversold zone, we might see a move down to the 92,701 support. Along with this, one of the scenarios I mentioned last night is playing out—Bitcoin dominance is increasing as Bitcoin drops. Even though I personally feel this dominance increase is fake, it will still lead to further declines in altcoins. 📈 What is Market Cap? Before starting the analysis, I want to clarify the concept of market capitalization. Market cap refers to the total value of a cryptocurrency in the market and is calculated using the formula: Circulating supply × current price For example, if a cryptocurrency has 100 million coins in circulation and each coin is worth $5, its market cap would be $500 million. Market cap determines a project’s dominance and size, helps compare cryptocurrencies, and serves as a measure of risk and growth potential. High market cap projects have lower risk but grow slower, while low market cap projects carry more risk but have higher growth potential. Why am I explaining this? So that you understand how to verify if someone claims that Shiba will reach $1. Look at its token supply and market cap. A simple calculation shows that for SHIB to reach $1, its market cap would need to be $589 trillion while the total market cap of gold is only $19 trillion! Don’t fall for misleading advertisements, stay informed! 📊 Weekly Timeframe Like most crypto coins, SHIB spent a long time inside its weekly range, with the upper limit at 0.00001171. After spending 620 days inside this range, it finally broke out with higher lows and momentum, starting an uptrend. After this rare bullish move, SHIB hit 0.00003279, rejected from it, and retraced to the 0.00001296 support. It then moved back up but got rejected from the same resistance, reinforcing its importance and forming an equal high, which can be seen as a double-top pattern. This double-top pattern, which is well-known and widely used, is typically a bearish signal indicating a trend reversal. However, we cannot officially call it a double-top until the 0.00001296 support is broken. That’s why I haven’t drawn it yet. If 0.00001296 breaks, the double-top target will be its risk-to-reward ratio of 1, meaning we could see a move down to 0.0000067. For buying, I will never buy SHIB, no matter how much profit it makes. If I want to speculate on shitcoins, I’ll go for ones with lower market caps. And remember, if a shitcoin is meant to make you rich, it will do so even with just $10, so you don’t need a large investment :)) For selling, I suggest exiting below 0.00001296, at least temporarily. Later, if the trend turns bullish, you can buy back the same amount of USDT, potentially avoiding further downside. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
19
Shiba-Inu announced a partnership with the UAE's governmentShiba Inu announced a partnership with the UAE's government Yesterday, Shiba Inu announced a partnership with the UAE's government to drive digital transformation across energy and infrastructure. The partnership marks the first time a world government is integrating blockchain at a federal level, claims the Shiba Inu team. Despite prevailing market uncertainty, there are indications that SHIBA's price could see a short-term increase. Technical Analysis: The price has completed a "Bullish Contracting Triangle Pattern," suggesting the potential for a bullish wave in the coming hours and days. The targets currently set may be conservative, as there is potential for further upside. Key Resistance areas: 0.0000168887 0.0000175495 0.0000187666 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
1
SHIBUSDT Price Action - Liquidity & Order Block AnalysisPremium Zone Rejection: Price is approaching a FVG (Fair Value Gap), which could act as a resistance zone. If rejection occurs, smart money may be engineering liquidity to take out lower levels. Liquidity Levels to Watch: Feb 3 High (0.000016980): A significant level where liquidity is resting. A potential raid could occur if price breaks structure to the upside. Feb 2 Low (0.000013080): A key downside liquidity pool where price may seek orders. Feb 3 Low (0.000011590): The ultimate downside draw on liquidity if price continues distributing lower. Possible Scenarios: Bullish Case: A clean break and hold above 0.000015764 could lead to a liquidity grab towards the Feb 3 High. Bearish Case: Failure to reclaim the fair value gap could send SHIB lower to test 0.000013080, possibly even targeting the Feb 3 Low.
Short
by StockSurgeonX
SHIB: Big reversal could be around the corner!An inverted head and shoulders pattern is becoming more apparent, signaling a bullish reversal. A significant price reversal may be imminent! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above $0.000025 and take profits at the levels shown in the chart. Targets: 1. $0.000028 2. $0.000032 3. $0.000038 4. $0.000045 ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto