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SHIB / TetherUS

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SHIBUSDT trade ideas

SHIB's Market PositionSHIB is currently fluctuating between key supply and demand areas. At this juncture, it's advisable for traders to hold off on engaging in transactions until SHIB interacts with one of these critical zones. This strategy is based on the broader, long-term bearish trend indicated by the descending trendline. However, it's important to note that if Shiba breaks through this trendline, there's potential for a shift towards an upward trajectory. This break could signal a change in market dynamics, presenting an opportunity for traders to reassess their positions in anticipation of a possible bullish reversal. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is SHIB Shiba. I've set a short-term price target for SHIB Shiba at $0.00000700. Looking forward to read your opinion about it!
Short
by TopgOptions
good dog (wave 3 SHIB iz comin')yo yo yo my lil traders, its been a long time. Didnt publish any ideaz coz market iz boring and I was busy (makin' my own indicator, but hush, its a secret) ANYWAY! it is time for us to shake off the rust form our lovely SHIB token. If u was careful enough, now u got x2 from my last idea (u bought a real bottom I guess) and now IT IZ TIME FOR US TO UNLEASH THE BEAST I suppose, that we now in corrective wave 4 of 3 of 3 and local bottom iz near, look at the chat and make some trades already. have a green PNL's, my dears
Long
by zikkuratt
SHIB Burn Rate Rockets 1300% As Shiba Inu Price PlungesShiba Inu (SHIB), the self-proclaimed Dogecoin killer, is once again amassing significant attention in the cryptocurrency universe as the SHIB community is continuously burning colossal amounts of tokens, with a significant surge in the last 24 hours on November 17. Subsequently, the Shiba Inu price witnessed an extremely marginal downfall as of writing. Today’s price slump comes despite the SHIB community’s efforts to build up support for their cryptocurrency. However, over the past seven days, the SHIB price portrayed a bullish sentiment in the broader markets as the token witnessed a minimal price surge. SHIB Community Burning Tokens According to recent data unveiled by Shibburn, a platform offering SHIB burning insights, a whopping 105.20 million SHIB tokens were burnt as of today. The aforestated burning of tokens represents a 1327% upswing, gaining significant traction throughout crypto markets. Furthermore, as of writing, the total number of tokens burnt amounted to 410.66 trillion. As per the data offered by Shibburn, two colossal transactions burning significant amounts of SHIB, among many others, caught the eyes of crypto market enthusiasts. An unknown address, 0x75d9df1efe6d860218…, burnt 100 million SHIB approximately 9 hours ago, along with another unknown address, 0x46340b20830761efd3…, burning 1.5 million SHIB approximately 12 hours ago. The massive burning of SHIB tokens comes as a result of the Shiba Inu crypto community putting in efforts to jack up the SHIB tokenomics, inducing scarcity while also uplifting the value of the remaining tokens. Meanwhile, according to ShibariumScan data, the total transactions on the platform are nearing the 4 million mark and stood at 3.95 million.
Long
by DEXWireNews
1
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Price has pulled back and is retesting that breakout level. This could be a swing entry opportunity in Uptrend with upside potential to $0.00001 next. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000070. The nearest Resistance Zone is $0.0000100, then $0.0000120, and $0.00001200.
Long
by altFINS