$SHIB 50>100 MA Cross soonin its lifetime, the 50>100 MA cross happened 2x and those days were positive but were immediately followed by a change in SHIB's direction. Its about to happen again so there might be a short term trading opportunity.
SHIBUSDT trade ideas
shib update 1lil' upgrade with minor degreez, everythin' on the chart, i used fibo extensions, so we can follow red squares for trades
have a green PNL;z buds!
SHIBUSDTHello
As the chart said, there a broken double bottom and it means that we will see SHIB in lower price.
SHIB/USDT BULLISHGot a request from one of my loyal followers about my outlook for #SHIB so here it is 🙏
We just did undergo a HTF breakdown below an obvious TL & more importantly, the range
A good thing to note is that there was ZERO follow-through after the breakdown and since then the price has managed to buyback
For now however, just a bearish retest, to be fully convinced it needs to do a little bit more and reclaim the HTF range above $900c
If so, then the next target is the mid-range and top of it at $1700c
For even more HTF look I'd love it to accumulate in this range till the end of 2024, then bull market breakout
Shiba is growing up.. 🌱There is no need for analysis.. It is quite clear that we are on an adventure. 🤑🌱
Shiba Inu SHIB Trend LineShiba Inu SHIB has broken through the monthly trend line, initiated a bull market signal, and seen historical highs and higher prices.
ITS A TIME TO SELL SHIBA COIN ?? SHIBA COIN PRICE ANALYSIS !!SHIB Coin Update & Possible Moves !!
• On 4h tf currently trading Now below From its resistance.
• MACD & RSI Look Over bought on 1D Tf + Creat Double top on 4h Tf. ( overall bearish signs )
• Possible price drop directly From Current Level or again touch its resistance and then drop. ( scenerio invalid if its break its resistance & sucessfully retest )
• Sell You bags if You are holding in spot wallet For short term & if you wanna take position in short then don't invest upto 1% with leverage under this choppy markete 😴
FOLLO ME FORE MORE ANALYSIS
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀
Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈
Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments.
You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token!
I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable!
Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊
Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms.
Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions.
Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
shiba inu cup and handle handle has yet to form but looking back to may 2022 this same pattern has already happened 2 other times since then im looking for a retest on the 200 ema and a 60% banger
SHIB Shiba Inu Falling Wedge PatternIf you haven`t bought SHIB here:
Shiba Inu (SHIB) is showing signs of a potential reversal after a falling wedge pattern, indicating a possible bullish upswing. This pattern suggests that the downward trend may be losing momentum, and a price recovery could be on the horizon.
Based on this analysis, your price target for SHIB is set at $0.00001100.
Looking forward to read your opinion about it.
SHIB LONGA deeper examination unveils SHIB's current position at the 0.5 Fibonacci level of its preceding descent. Notably, the 0.618 Fibonacci level lies at $0.00001169, aligning with the aforementioned future target. Moreover, the 0.786 Fibonacci level materializes at $0.0000135, a pivotal juncture where the downward trend line and Fibonacci ratio converge. With a keen analytical eye on SHIB's present momentum, it's within the realm of anticipation that the $0.00001169 target will be within reach by the month's conclusion. This optimistic projection, however, hinges on SHIB's ability to maintain its stance above the recent low watermark of $0.000009.
you have to see this shiba inu analysis very helpful for entryprice making higher low and lower low...not good for investment right now...i think it can go more lower...
if helpful like and follow..thank you.
Shib inu trade I am targeting yhe 200 day ema if it can break that level could push it to the next major resistance that i have marked with a red horizontal
Shib short ideaShib is a great asset to trade as it moves around a lot. It can be very unpredictable but it seems that it is at a big resistance level. If this double top is created and holds a nice rejection then a decent short could be played from this level. Move your stops to BE once you get into a decent amount of profit. Also keep your stop close so you dont lose to much if this keeps going. Bitcoin seems to be finding a decent rejection so I would assume shib would follow the rest of the market.
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and could revisit $0.000012 next.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
With Golden Crossover, Will SHIB Jump 15%?
Golden Crossover Approaching: SHIB's technical indicators signal a bullish trend.
24-Hour Jump: SHIB prices have risen by 3.02%, reflecting a strong reversal.
Above 200-day EMA: Increasing chances of a golden crossover.
Targeting $0.000010 Breakout: Potential new high on the horizon.
Robust Support Trendline: Contributed to a 53.96% surge in the last 60 days.
Imminent Shibarium Launch: Heightened speculation and future growth prospects.
Bullish Reversal: From a consistent decline to a bullish reversal at $0.000006677.
Potential Climb to $0.00001179: Fueled by enhanced sentiment and demand.
Risk of 8% Decline: If prices dip below $0.0000090, a retest of the support trendline may occur.
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day.
Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session.
This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday.
As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00.
the index is tracking at 65.67, with Shiba Inu also falling from its previous high.
SHIB/USD is now trading at 0.000009749.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Analysis of Shiba Inu (SHIB) Price Movement and Layer 2 Release Long story-short, Anticipating a move toward the target in the yellow bubble.
Introduction:
Cryptocurrency markets have been marked by significant volatility and innovation, with Shiba Inu (SHIB) emerging as a prominent meme token within the broader crypto landscape. In recent trading sessions, SHIB has exhibited an upward trend, approaching a critical resistance level. Furthermore, the impending release of Shibarium introduces a potential catalyst that could influence SHIB's price dynamics. This analysis delves into the recent price movement of SHIB, its technical outlook, and the potential implications of the forthcoming Shibarium release.
Recent Price Movement and Technical Analysis:
Over the past trading sessions, Shiba Inu has demonstrated a bullish trend, as evidenced by its movement towards testing the next level of resistance. Technical analysis reveals that SHIB has breached key moving averages, indicating increased buying pressure and potential upward momentum. The Relative Strength Index (RSI) suggests that SHIB has entered overbought territory, implying the possibility of a short-term correction. However, the Moving Average Convergence Divergence (MACD) histogram shows positive momentum, signaling further potential for an upward move.
Key Resistance Level and Potential Breakout:
The next critical resistance level for SHIB lies ahead, and its ability to breach and sustain above this level could signify a breakout. Traders and investors are closely watching this level, as a successful breach could open the door to further price appreciation. Conversely, a rejection at this resistance may lead to a short-term retracement, finding support at lower levels.
Shibarium Release Impact:
One of the most anticipated events in the SHIB community is the upcoming release of Shibarium. This decentralized exchange and NFT ecosystem holds the potential to introduce new utility and demand for SHIB tokens. The introduction of Shibarium could enhance SHIB's fundamental value proposition, potentially attracting more users and investors to the ecosystem. This event has likely contributed to the recent bullish sentiment, with investors positioning themselves ahead of the release.
Risks and Considerations:
While the current outlook for SHIB appears positive, it's essential to acknowledge the inherent risks associated with cryptocurrency investments. SHIB's price is subject to rapid and volatile fluctuations, driven by market sentiment, regulatory developments, and macroeconomic factors. The overbought RSI and the potential for profit-taking after the Shibarium release could lead to short-term price volatility and corrective phases.
Conclusion:
In conclusion, Shiba Inu's recent price movement reflects a bullish sentiment as it approaches a critical resistance level. The impending Shibarium release adds an extra layer of excitement and potential catalyst for further price appreciation. Traders and investors should closely monitor SHIB's technical indicators and the progress of Shibarium to make informed decisions. However, it's important to exercise caution and manage risk, given the inherent volatility of the cryptocurrency market.
There is two possible scenarios for Shiba InuScenario NO.1: In this scenario, Bitcoin and cryptocurrencies work well in the same way, and Shiba Inu continues its positive activity under the skin and breaks the resistance of 0.00001055 and goes to the next resistance.
Scenario NO.2: Bitcoin and cryptocurrencies will reverse their positive advance and Shiba Inu crypto sellers will increase in proportion and then close to the 0.00000832 support.
As you can see, the Sar and MACD indicators are showing a weak upward trend at the moment, so the price will probably rise to the range of 0.00001055.
Still on track for new ATH in 2023Previous idea still on track. Added in new smiley faces to mirror:
1) Retest of the .146
2) Retest of the broken bearish trendline
It is still moving according to the analysisAccording to the analysis, the upward trend continues and has the possibility of creating a sharp trend
SHIBA/USDT longterm possible scenariosShiba longterm possible scenarios from my view.
🤌THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
