SHIBUSDT trade ideas
SHIB LONG SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
SHIBUSDT - BULLISH OUTLOOKSHIBUSDT is exhibiting a bullish divergence on the 1-hour (1H) time frame, indicating the potential for a bullish reversal. This divergence, when supported by other technical factors, suggests a shift in momentum towards an upward movement.
For traders contemplating a position, the following trading strategy is suggested:
Entry: Consider initiating a long position using a Buy Stop order at the price level of 0.00000940.
Stop Loss (SL): Implement a risk management Stop Loss order at 0.00000877.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.00001003
TP2 = 0.00001066
This trading strategy aims to capitalize on the anticipated bullish reversal. However, it's crucial to monitor the market closely for any shifts in price action and be prepared to adjust the strategy accordingly.
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames.
We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone.
It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges.
In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon
Closing two 4-hour candles above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SHIB Shiba Inu Trade IdeaShiba Inu (SHIB) has exhibited a sustained downtrend across multiple timeframes. This downward trajectory coincides with increasing strength in the US dollar, as reflected by the DXY currency index. Should the DXY maintain its upward momentum, further depreciation in SHIB prices is a distinct possibility. It is crucial to consider this analysis solely for educational purposes and not as financial advice.
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.000010219
Target2: 0.000010866
Target3(Final Target): 0.000011544
Stoploss: 0.000009090
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Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
Robinhood's $SHIB Purchase Send Shockwaves Through Crypto MarketPopular American exchange Robinhood has made a bold move by acquiring a staggering 202 billion Shiba Inu ( CRYPTOCAP:SHIB ) tokens in less than 24 hours. This unprecedented buying spree positions Robinhood as the fourth largest custodian of Shiba Inu, trailing behind Binance, Crypto.com, and the mysterious black hole wallet associated with the original Shiba Inu project. The move has not only caught the attention of the crypto community but has also sparked discussions about the potential implications for Shiba Inu's future and the broader cryptocurrency market.
Robinhood's Growing Influence:
The acquisition by Robinhood now means that the platform holds approximately 2% of SHIB's circulating supply. This significant ownership stake raises questions about Robinhood's strategic vision for Shiba Inu and its potential impact on the token's market dynamics. The move is particularly noteworthy as it comes amidst a period of price stagnation for CRYPTOCAP:SHIB , with the token slipping below 1% following a week-long correction in the overall crypto market.
Vitalik Buterin's Legacy and CRYPTOCAP:SHIB 's Circulating Supply:
It's crucial to revisit the project's history, especially Vitalik Buterin's use of the dead wallet address to burn $6.7 billion in Shiba Inu tokens nearly three years ago. This altruistic act, which removed approximately half of CRYPTOCAP:SHIB 's supply from circulation, still resonates on the blockchain, constituting 41.04% of the total supply. The current ownership dynamics, with Robinhood emerging as a major custodian, adds a new layer to Shiba Inu's evolving narrative.
Crypto Whales in Action:
The article further explores other notable transactions within the Shiba Inu ecosystem, shedding light on the actions of crypto entrepreneur Justin Sun. SpotOnChain, a blockchain whale-watching agency, reveals Sun's recent move to cash out 79.334 billion CRYPTOCAP:SHIB tokens from Binance to a decentralized wallet on-chain. This follows his substantial withdrawal of 500 billion CRYPTOCAP:SHIB coins just last month, indicating an intriguing accumulation phase for the crypto billionaire.
Market Reversal and Long-Term Investment Potential:
As the crypto community closely monitors these whale movements, there's a recognition that such actions often precede price trend reversals. Additionally, the article underscores the significance of these moves in assessing the long-term investment potential of Shiba Inu. While some crypto whales accumulate CRYPTOCAP:SHIB in response to positive developments like the acceptance of Bitcoin exchange-traded funds (ETFs), it's essential to note the current negative correlation between Shiba Inu and Bitcoin prices, as highlighted by blockchain data analysis platform IntoTheBlock.
Conclusion:
Robinhood's substantial acquisition of Shiba Inu tokens has injected fresh energy into the Shiba Inu ecosystem, prompting speculation and discussions within the crypto community. The article dives into the historical context, market dynamics, and the actions of key players like Justin Sun, providing readers with a comprehensive understanding of the current state of Shiba Inu and its potential trajectory in the ever-evolving cryptocurrency landscape.
SHIB is a meme coin, and meme coins are always winners.Here is why I love this shit coin:
It's a dog-themed meme coin, and everyone loves dogs!
It's so cheap, I can buy a lot of it!
I'm afraid of missing out (FOMO)!
I'm just going to invest a little bit, it can't hurt!
I'm going to hold on to SHIB for the long haul!
Thus I'm going long SHIB because I think it's going to make me a millionaire.
Thank you
Not an investment advice, this can go to zero
✴️ Shiba Inu Double Top Confirmed (Still Time Left To Act!)What one does, the rest follows... It works both ways.
It worked from the ground up, it will work in reverse.
All the charts I am seeing are bearish now, those Altcoins paired with Tether.
Maybe, only those BTC pairs (ALTSBTC) will survive this time around, actually, will thrive.
I've been sharing those for a while so you better prepare to protect your folio or else it will drop by 30-40%, by the time you decide to take action if you didn't do so in advance it will be too late.
The market moves in cycles... Shiba Inu , ok!
We were early for the last call for a drop on Shiba Inu, which only gives more strength to the current chart setup.
We have a double top and bearish divergence with the RSI since August, pretty strong.
Bear volume going up and the RSI bearish, going down with a reading below fifty (43.57) now.
We ride the waves... It went up, we went up.
It goes down... We stay up!
Namaste.
SHIB's Market Trend➔ By observing the daily Fibonacci of Shiba, it's possible to predict a potential decline in price down to the 0.236 level, or potentially even to zero on the Fibonacci level. However, considering the overall upward trend in the market, if these specific levels are tested, we anticipate a subsequent increase in Shiba's price.
SHIBA INU spot +500% pattern I'm sharing this trade early.
Break of structure pattern is forming on shiba inu we might see a new big bull run on shiba pottentionaly +500% (x5)
My big entry points are green blocks.
I'm all in if we drop to 0.000006-0.000005$ (lower than green blocks).
See ya. Lets get that porsche panamera :))
SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally:
Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week.
Some of the biggest asset managers on the entire planet are going to release a BTC ETF:
Blackrock $9.3 Trillion
Fidelity $4.5 Trillion
Franklin Templeton $1.53 trillion
Invesco $1.5 Trillion.
BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline.
I expect the approval to a buy the rumor, sell the news event.
Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit.
A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.