SHIBUSDTThere is an overbought RSI as well as a strong resistance where I expect the price to decline. This deal has a high win rate. Shortby saeed-esmaeiliUpdated 3
Navigating the Waves: A SHIB AnalysisThe dynamic world of cryptocurrency is full of surprises and SHIBA INU (SHIB) is no exception. Looking at the one-hour time frame chart, the zero Fibonacci level stands at 0.00000700. When shifting our view to the four-hour time frame, Fibonacci level of 1.618 reads 0.00000726, followed by the 2.618 level at 0.00000777. This higher Fibonacci level appears to present a firm resistance point. With the Bollinger Bands, the upper limit is at 0.00000747, the middle at 0.00000709, and the lower boundary at 0.00000671. The stochastic oscillator and RSI sit at 79 and 76 respectively, suggesting a potentially overbought market. The On Balance Volume (OBV) stands at a staggering 316 trillion, while the Moving Average Convergence Divergence (MACD) clocks in at 0.00000613. At the time of this analysis, SHIBA INU trades at 0.00000742, reflecting a 24-hour price change of approximately 8%. Looking at these indicators, the short-term outlook for SHIBA INU (SHIB) seems bullish. The market price surpassing the middle Bollinger Band and a robust OBV suggest a strong buying pressure. However, the high RSI warns of an overbought market and a potential pullback. Even though such conditions often lead to a minor price drop, this is generally a natural part of a bullish trend and doesn't necessarily signal a market downturn. Nevertheless, given the inherent volatility of cryptocurrencies, this interpretation is based on current data and might change with incoming market news, major financial events, or changes in market sentiment. Crypto trading is as much about risk management as it is about seizing opportunities. The market can remain irrational longer than a trader can stay solvent. Consistent profitability isn't about making the right call on every single trade; instead, it’s about making informed decisions over time. As traders, we must stay vigilant, keep adjusting our strategies according to market behavior, and always trade responsibly.by ShawnMCRPublished 118
Bullish MomentumThe SHIBA coin is currently priced at $0.00000745. It has experienced a bullish candle closure, suggesting upward momentum. The presence of two important exponential moving averages (EMAs) adds further insight. The EMA 50, at $0.00000700, and the EMA 100, at $0.00000735, can act as support or resistance levels. The Relative Strength Index (RSI) is at 75, indicating that SHIBA is in an overbought territory. This suggests that the price may have increased significantly recently, potentially leading to a reversal or a period of consolidation. The Moving Average Convergence Divergence (MACD) indicator, with a value of 0.00000010, provides a slight bullish signal. The positive value suggests that the shorter-term moving average (12-day EMA) is above the longer-term moving average (26-day EMA), indicating potential upward momentum in the short term. Considering the Fibonacci retracement levels in the 4-hour timeframe, we have: 0 Fibonacci at $0.00000643 0.5 Fibonacci at $0.00000669 1 Fibonacci at $0.00000694 These levels can act as potential support or resistance areas, indicating possible price reversals or consolidations. Additionally, in the daily timeframe, we have: Daily timeframe 0 Fibonacci at $0.0000543 Daily timeframe 0.5 Fibonacci at $0.00000865 These broader Fibonacci levels provide further perspective on potential support and resistance areas based on daily price movements. Considering yesterday's bullish candle closure, if today's bar also closes without long wicks, it suggests continued bullish momentum. Based on this analysis, there is an expectation that SHIBA will test the resistance level at $0.00000778 by the end of the month. In summary, SHIBA currently shows signs of bullish momentum. However, it's important to consider other factors, such as market trends, news, and overall market sentiment, to make well-informed investment decisions. Support Levels: Immediate Support: The 4-hour timeframe shows the 0 Fibonacci level at $0.00000643. This level may act as an immediate support level if the price retraces downwards. Stronger Support: The EMA 50 at $0.00000700 could act as a stronger support level. It is a moving average that considers the past 50 periods and is often watched by traders as a significant support level. Resistance Levels: Immediate Resistance: The 4-hour timeframe indicates the 0.5 Fibonacci level at $0.00000669, which may act as an immediate resistance level if the price moves upwards. Stronger Resistance: The EMA 100 at $0.00000735 can be considered a stronger resistance level. It is a moving average that considers the past 100 periods and could present a significant challenge for the price to break through. Key Resistance Level: The analysis suggests that if the bullish momentum continues and today's bar closes without long wicks, there is an expectation for SHIBA to test the resistance level at $0.00000778 by the end of the month. This level represents a key resistance point that may require a significant increase in buying pressure to overcome. It's important to note that support and resistance levels are not set in stone and can shift based on market conditions. Traders and investors should monitor the price action and consider these levels along with other indicators and market factors before making trading decisions.by MonoCoinSignalPublished 1142
SHIBUSDT heavy pump ahead As we said before price is near major daily support and we are looking for at least +250% pump from this support like the green arrows. DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderPublished 19
shiba shibusdt Hello friends, I hope you always win in the market. This is a long-term analysis of SHIBUSDT currency. I believe that this currency is undergoing a deep correction. However, my words are focused on other exchanges, which have more history than this currency. There are, and in my opinion, the time of purchase is 25% to 25% at specified points, in any case, be careful of market movements.by hamidhshUpdated 5511
BUY SHIBA NOW!!!!!!!!!!SHIB/USDT Shiba is trying to break the upper resistance trend line and just like I have drawn its heading towards another to 20% increase now get in now and enjoyLongby CAPTAINFX2Published 3316
SHIBUSDT - and the level for 2h.Hello everyone. There will be a short review for the short term on SHIBUSDT. A small number of coins formed about the same pattern as SHIBUSDT has now, namely: the coin does not update its minimum values, has split the level three times and now approaches it more confidently. Which is very similar to the imminent breakdown of the level and a hike to 0.00000781.Longby CRYPTOVALUTCHIKPublished 5
SHIBUSDT pump ahead As we said before price is near major daily support zone and soon we can expect a heavy pump here like the green arrows mentioned on the chart. DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderPublished 16
SHIBCRYPTOCAP:SHIB dipped as we previously projected, expecting a strong rebound here.Longby SeerSignalsPublished 3312
SHIBUSDT - Ascending Triangle ideaSHIBA INU is forming an ascending triangle on a 4-hour time frame. The price oscillates between the upper resistance and lower support levels. What does that mean? An ascending triangle forms when the price is about to break the resistance line, signaling a potential reversal of a previous downward price trend. We can observe three touches on the upper and three touches on the lower line. The volume is diminishing throughout the pattern, which serves as another confirmation factor for the validity of the pattern. What to look out for? Currently, traders should watch out for a breakout above the resistance line. However, ascending triangles tend to experience small false breakouts. Therefore, it is important to remain neutral until the breakout is confirmed. One way to confirm the breakout is through significant volume.Longby CleoFinanceUpdated 9
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here: Or sold it here: Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline. Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities. My price Target for SHIB is $0.00000500. Looking forward to read your opinion about it!Shortby TopgOptionsUpdated 335
SHIBUSDTWell, as soon as he sees that the price has broken the triangle and is pulling back. But this broken is not a normal market failure. So you can give Stophunt a chance. The price paths are clear. I myself buy a weekly candle in Polbek Buy at the high price of 86,559 when it was closed.by MR6Published 2
Shib is going to reach 45~32 ZONE easily !it can reach 95 zone before it reach the 32 zone OR directly touch 45 zone in my idea due to market condition and news we can have 45 ZONE sooner than you think on the table . There is no way out for most of crypto currencies to get their ATH(even half of it) back less than 2024 DYOR Shortby omidtbvUpdated 101020
SHIBUSDT pump ahead and near major daily support and daily low As we said before here is last and major daily support zone for SHIBUSDT and soon we can expect pump here like the green arrows mentioned on the chart only if 0.000005$ support hold. DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderPublished 1114
SHIB Continues Downward TrendDue to the continued selling pressure in the market, SHIB continued its downward trend within a specific range. This trend persisted even after breaking the bottom of the channel, eventually reaching its lowest historical range at the price of 0.0000055 to 0.0000060 dollars. It is worth noting that this range served as the bottom of a channel range in 2020, where Shiba experienced remarkable growth of over 1000% due to increased demand within that range. However, the recent price action has brought about significant developments. The level between $0.0000070 and $0.0000078, which was a previously strong support, was broken by a strong bearish candle. As a result, this level has now turned into a resistance. If the price reaches this range, a negative reaction is expected. Furthermore, there was a notable 20% reaction within the support range mentioned earlier. This indicates that both the power of buyers and sellers were substantial, suggesting the potential formation of a range channel between the considered levels. The RSI level, currently at 19, further supports the negative sentiment surrounding SHIB. An RSI value below 30 indicates oversold conditions, suggesting that SHIB may be undervalued and due for a potential price correction or reversal. Therefore, while the possibility of a price rebound or shift in sentiment exists, as oversold conditions can sometimes lead to buying interest and subsequent recovery, it is important to note that the overall trend remains negative. There has been no observed change in the trend to an upward mode, and the momentum remains decidedly negative. by MonoCoinSignalPublished 2228
SHIB: Falling Wedge BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Bearish breakout from Falling Wedge pattern, price made a new Lower Low, which confirms a downtrend. It’s also broken below $0.000008 support level that held up back in late 2023. However, it is very oversold (RSI < 25) near $0.0000055 support area and could bounce up near term. Notice that price actually reached that level (daily low point) and bounced up. It’s a higher risk swing trade setup since overall trend is down. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.Longby altFINSPublished 113