$SHIB is officially on a countdown for launch!Golden Cross approaching on the Daily with good momentum...
SHIBUSDT trade ideas
SHIBA INU what is next? 📖💡Hello 🐋
Based on the chart
the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️
beside
we expect to see gain and pump from our first support level 📚✔️
if
we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIB/USDT - Sideways Trade PlanAlthough, a bearish divergence has formed on the RSI. There is resistance on R1 and good support on S1, keeping the price movement within the range. We may set pending orders for buy and sell stop and on trigger manage the trade accordingly.
SHIB Prices Ready For A Breakout Rally?24-Hour Price Jump: SHIB prices have risen by 7.50% in the last 24 hours, retesting the $0.00000908 breakout level.
Above 200-day EMA: SHIB prices are now above the 200-day EMA, enhancing the chances of a golden crossover.
Trend Reversal Opportunity: The current price action indicates a potential new high and trend reversal for SHIB.
Two-Month Bull Run: A resurgence in buying pressure has maintained a bull run for 45% in the last 56 days, breaching the 200-day EMA.
Potential Golden Crossover: The 50-day EMA shows signs of a potential golden crossover in the daily chart.
Overnight Gain with Volume Jump: SHIB's price gained 7.50% overnight, with a 40% increase in intraday trading volume, undermining the previous 9.93% drop.
Sustaining Above Fibonacci Level: The retest helps SHIB sustain above the 23.60% Fibonacci level, increasing the uptrend possibility.
Bullish Daily Indicators: Both MACD and RSI indicators in the daily chart show a surge in bullish sentiment, with MACD maintaining an uptrend and RSI reaching the overbought boundary.
Weekly Chart Analysis: Despite failing to sustain above $0.000010, a sharp lower price rejection indicates a rise to challenge the 50 EMA, supported by a bullish MACD crossover.
Potential Bull Run to $0.00001179: If SHIB closes above the 23.60% Fibonacci level on the weekly chart, it may start a bull run to the 50% Fibonacci level.
Risk of Downtrend: Excessive selling pressure above the 23.60% Fibonacci level could lead to a new lower high formation, possibly challenging the support level of $0.00000667.
shiba sellBINANCE:SHIBUSDT as you can see shiba has been reached to its midline channel and we expect to reject from here
LongHello friends.
As we can see, finally Shiba was able to break the very strong trend line in the weekly time frame, and after exiting this triangle, the first target is definitely the specified range, which is the size of the base of the triangle.
Shib 1 hour Shib still on a corrective wave C, the big picture shows a retracement coming soon to the 5 or 4 zone where the floor zone is, we are at the end of this corrective wave to continue downtrend.
SHIB S&R>>>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
In case of support from marked area rising price will continue to next mid-term supply area's.
Must important supply Area in mid term are
0.0000137
0.0000157
0.000018
All support's marked on the chart price.
All important area's in short-mid term marked on the chart.
It's Not a financial advise.
PLZ DYOR
With hopping success
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. It is now likely to pull back to retest the breakout level of $0.000008. That could be an attractive swing entry again.
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 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 $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
What a Wonderful Time - to be a - Shib🐶fan🚀 BINANCE:SHIBUSDT
COINBASE:SHIBUSD
CRYPTOCAP:SHIB
Buy now or miss out on the ride as signs are pointing up for the next big move - This will last until the 1'st of September be expecting heavy peak drops but a potential rise back to another potential level shib is on the move and it get's no better than this till October.
Day Chart and closing predictions
What are your thoughts on this potential rise?
#buyshibnow!
2h shiba: It looks like we have a pump!Well it's a huge resistance. if can break the line, then will see a massive pump.
Put your eyes on it ;)
SHIBA INU: Time For Another Bullish WaveSHIBA INU: Time For Another Bullish Wave
Since the previous analysis shared on August 3, the price reached our first target as expected.
The chances are very high that we may see SHIBA growing again after any small correction.
Price completed a bullish channel and it is getting ready to grow even more during the coming months.
The big move just began.
Thank you and Good Luck!
Previous analysis:
SHIBA INU what is next? 📖💡Hello 🐋
Based on the chart
the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️
beside
we expect to see gain and pump from our first support level 📚✔️
if
we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SHIBAUSDT: Movements inside a bearish pennantThe chart shows a bearish pennant, within which movements are now taking place. There was a false penetration and an exit from the pennant, but after the formation of another figure - a falling wedge, we returned to the channel again and can expect a target in the 0.000012 area.
Good luck to everyone. If you liked it - subscribe!
Shib🐶 End of year 2023 update will it hit $0.01After the rally due to the recent announcement that of a possible Price Boost From Binance ‘Loans’
A lot has changed this outcome and possible support for the future, the question still remains
Will Shib see $0.01?
I can't fully answer that question but the likelihood of it is high.
Be warned, however; there is no telling when and if it will, the gold bars are just idea areas where it might go if shib see's major support in the coming months so take it with a grain of salt.
BINANCE:SHIBUSDT
COINBASE:SHIBUSD
CRYPTOCAP:SHIB
