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SHIB / TetherUS

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SHIBUSDT trade ideas

SHIB Prepares Breakout Rally For 40% HIKE!Preparation for Double-Bottom Breakout: SHIB price shows signs of gearing up for a double-bottom breakout rally. Long-Tail Candle at 50-Week EMA: A long-tail candle on the SHIB chart indicates strong buyer interest, bouncing from the 50-week EMA. Potential Rally to $0.00001438: A successful breakout could propel SHIB to a new rally, potentially reaching $0.00001438. Bullish Rebound in the Market: SHIB is rebounding along with the broader crypto market, gaining momentum from Bitcoin's positive trend. 5.85% Jump in 48 Hours: SHIB has experienced a 5.85% increase within the last two days, indicating a resurgence in buying interest. Challenging Overhead Neckline: SHIB is currently challenging the neckline of its double-bottom pattern at $0.00001025. Trading Above Psychological Mark: SHIB is trading slightly above the crucial psychological level, supported by strong momentum. Technical Indicator - MACD: The MACD suggests a positive trend, indicating a potential continuation of the uptrend. Breakout Potential: The market's recovery hints at a possible smooth bullish progression for SHIB, with a key focus on sustaining above $0.000010. Next Resistance Levels: Post-breakout, the next resistance levels for SHIB are identified at $0.0000125 and $0.000015. Risk of Decline to $0.000008360: If SHIB fails to maintain its momentum, there's a risk of it dropping to $0.000008360.
Long
by Coinpedia-Market-Insight
✴️ Shiba Inu Standard Correction Before Additional GrowthIt will be a standard correction... Just as it happened after the peak in August, Shiba Inu retraced for about 2 months. We have a lower high in December which can lead to another correction, maybe 3-9 weeks in duration. ➖ June - August = Bullish Wave. ➖ August - October = Bearish Wave. ➖ October - December = Bullish Wave. ➖ December - February = Bearish Wave. Then we are likely to experience sustained long-term growth but retraces, shakeouts, price swings and corrections will continue to show up. Namaste.
Short
by AlanSantana
1
SHIB - 80% Move Still Possible?Given BTC and Eth do not continue to crash, could SHIB be ready for an 80%+ move? After recently breaking out of a downtrend established back in August of 2022, this drop could lead to something special. Price could be retesting this downtrend as new support before making a move into our target zone. Of course Shib's price is correlated to BTC and Eth, but I think this could be possible due to the DOGE news coming in the next couple months that could spark a meme rally. What are your thoughts?
by VIAQUANT
4
SHIB/USDT 1D. Current situation. Triangle. Breakout. Mems pump.SHIBA INU/USDT 1D. Daily chart. Middleterm trend - horizontal channel. Price is now being in the support zone of this channel. Symmetrical triangle formed. Price now broke out the resistance of this triangle. Accumulating as for now. Other memes are pumping one after another. Those coins often pump before market local correction. This one highly connected with doge, as the main memcoin. This, as the one of the most liquid, will likely pump the last(for example, now LADYS is pumping). Triangle has been forming for more then 300 days. Now broke out. Price is a bit higher than the previous accumulation zone(2021), after which there was pump. This idea is mostly for price monitoring and understanding what's happening on the coin. It's also very important as to count with enormous pump from the bottom(ain't seen on the chart).
Long
by Ivan3tt
SHIB/USDT Anticipating a Bullish Breakthrough? 👀 🚀SHIBA INU 💎Yello Paradisers, let's dive into #SHIBUSDT latest market moves. Currently trading in a demand zone, It is gearing up for a critical test of its supply level. A successful breach could pave the way for a robust bullish movement. 💎 Tracing #SHIBAINU recent path, we've seen it adeptly navigate a descending trendline. It recently broke above this line and, following a retest, continued its bullish trajectory. Now, as CRYPTOCAP:SHIB approaches the supply zone at $1141, a slight pullback might occur before it potentially breaks through, which could lead to tackling a more formidable supply level. 💎 But let's not get ahead of ourselves. In the unpredictable world of crypto, #SHIB traders need to be ready for various possibilities. If CRYPTOCAP:SHIB struggles to surpass the supply zone and loses momentum, pivoting to a recovery plan from the support level of $962 is crucial. 💎 Importantly, a downturn below this support level would signal a need for a strategic overhaul. Such a turn might mean reassessing the bullish outlook and tweaking trading strategies to align with the evolving market scenario. 🌴💰
Long
by MyCryptoParadise
ShIBA: Let's Get Ready For Another Bullish MoveShIBA: Let's Get Ready For Another Bullish Move From our previous analysis on SHiba the price reached the first target for the second time. For now, I expect the price to calm down and see for a possible corrective move again which could push the shiba to test lower support areas again. Immediate support will be found near 0.00000771 and slightly lower. So it's worth waiting there to buy again. Bullish volume should increase significantly if the price is going to test that area as it has reacted several times in the past. Thanks and good luck! Previous Analysis:
Long
by KlejdiCuni
SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts. It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.
Long
by tradingwithanthony
SHIBA#SHIBA This currency has been undergoing price correction and time correction for more than two years, but now it has broken the downward trend line and is ready for a relative rise. We do not expect high targets for now. At the moment, the market is bullish... many currencies still do not have a positive movement and we are waiting for them, but we are always aware that the price of Bitcoin can lead to a fall. For now, we are going with the price chart and in case of buying, we will step by step risk-free.
Long
by aminshk
SasanSeifi 💁‍♂ SHIB / USDT DAILY Hey there! In the daily timeframe, as you can see, the price has been accompanied by buying demand from the 0.00000670 range. With the break of the 0.00000733 resistance, it managed to move into the supply zone. Currently, after the growth from the supply zone, it has encountered negative reactions and is trading in the price range of 0.00000770, indicating a range-bound movement. A potential scenario to consider in the daily timeframe is as follows: If, after the consolidation, the price can break above the significant resistance range of 0.00000800 and consolidate, there's a possibility of further growth towards the specified targets, as shown in the image. The important support ranges are at 0.00000740. Alternatively, if the price falls below the support range and consolidates, there's a possibility of a price correction to the support zone at 0.00000670. The potential trend is also depicted in the image above. As always, it's essential to conduct your analysis and consider additional factors before making any trading decisions. Good luck! If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 ❌ (DYOR) ⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!✌
by SasanSeifi
2
Step 6 - Go to the Beach! 🏖️😽International cats day yesterday so let's start with something meaningful: Love and protect animals. We share this planet with them and we tend to be the nasty species. The stupid humans we are, polluting and shitting all over the place till we destroy it together with all life.... we are the 'animals' my fellow humans Now let's talk crypto: It all starts with the usual Fomo (Fear of missing orgasms) when Shiba pumps on major news (Shiba going De-fi with Shibarium and Binance gives it a nice boost, check links below). First thing i do is check fundamentals. They are many and positive (links below) so i say 'Yes, we need to get on this..but how?' Step 1: Not eating the FOMO (fear of missing out...) FOMO is real and is always a bad actor. The beauty of crypto is that you NEVER EVER miss the train! There are always stops to get on the train, in both directions. Step 2: Given this I was quite comfortable to take a calculated Short position while some Shiba holders where taking their profits! Short to 0.0000090 instead of fomo-ing with a tight stop loss and controlled risk. Step 3: Taking profit (x6 the risked margin) I always follow my charts and sometimes i am right, sometimes I am wrong. Close to 0.0000090 was an area that had to be checked as support. And it did. That was time to take profit from short position and finally look for a Long entry which was the Goal. Step 4: Time to go Long. That was the plan after knowing the fundamentals. Ethereum dog is a key player, can go strong and i was finally ready to Buy my shares in it. Only this time it was with a x6 budget. As always the chart is my map to the treasure. Going Long with a calculated risk, on support 0.00000880 and a stop loss just below that *I am no God, this actually worked the second time! And that's the beauty of it. Step 5: Taking profit back to where it all started. If we had entered spot we would had been at break even. Instead we are at a 6x6= 36 ALWAYS secure profit. Thus closing half position while still another half remains open. Always take some profit if the markets have been nice to you. Always leave something open just in case you feel the Fomo again (welcome to crypto!)! Step 6: Going to the beach for a break. Unfortunately i don't have a dog but there are other animals there to keep me motivated. Mostly female humans in bikinis. In the meantime Shiba might take a break now before eventually probably rising to 0.0000111 with a possible new retracement to 0.0000095. Who cares now? Job is done: ✔️Profit has been taken on short ✔️Profit has been taken on Long ✔️1/2 position is still open ✔️Stop loss is on guaranteeing more profit in any case Will Shiba go to 1$? No, it won't. Check it's supply of a billion trillion tokens (on a serious note, the current circulating supply of SHIBA INU is 589 trillion) Shiba is Ethereum's Dog. Vitalik and his hungry gas fed freaks will feast on anything that burns gas (your money) and makes Ethereum money. Either this is Unibot, Shiba or anything stupid like Xen, some NFTs and all the non-sense out there). Yes, some of it is GREAT but most of it is non-sense. Shiba will need to burn a LOT of tokens to rise over 0.0000118..if it goes there first which will depend on BTC and ALTS market in general. One Love, The FXPROFESSOR 😽🌭 Links/fundamentals: Shiba Inu Takes Step to Become DeFi Contender With Digital IDs: www.coindesk.com Binance approves Shiba Inu as collateral asset: cointelegraph.com Shibarium Launch Nears: u.today - don't forget, I was never a big fan of shiba..was actually short for a long time:
Long
by FX_Professor
11