Shib Shib. has been consolidation for a little while now. Doge coin has been stealing a lot
Of the thunder.
Shib is building a symmetrical triangle with resistance around 2600 area. Next move could push us as high as 3700 which is the next fib retrace but with a current sunset tidal triangle target of 3500
I am buying shib around this point down to as low as 2350. Shib is getting ready to a make a big leg up in my opinion. Could be a could time to buy
SHIBUSDT trade ideas
Accumulation or DistributionMany thanks to @VIPROSE for her pointing out that SHIB is currently consolidating.
Please be careful with this candle and the next candle, check for Higher Highs and Lower Lows on these next two candles and for positive SRSI readings and the MACD and the RSI. Hopefully it stays in the structure and break out up and not fall to the imbalance area or demand area?
Shiba Inu ($SHIB) Analysis:#Shiba Inu ( CRYPTOCAP:SHIB ) Analysis:
#Shiba Inu ( CRYPTOCAP:SHIB ) is currently trading within a consolidation phase, showing potential for a breakout. The accumulation zone lies between 0.00002387 and 0.00002541, providing an opportunity to enter. If CRYPTOCAP:SHIB breaks above the resistance, targets are set at 0.000031040, 0.000034024, and 0.000037372. The current setup suggests a bullish continuation, so traders should watch for confirmation of the breakout while placing stop-losses below the support zone to manage risk. CRYPTOCAP:SHIB remains a key asset to monitor for short-term growth.
SHIB: Keep an eye on this level! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000263$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000265$
2. 0.000027$
3. 0.0000275$
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Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
SHIBUSDT.1DAs I analyze the SHIB/USDT daily chart, I observe that the price is trading around 0.00002593, reflecting a consolidation phase after a breakout from a symmetrical triangle pattern. This breakout indicates bullish momentum, though the price is now approaching critical resistance and support levels.
The immediate resistance is at R1 (0.00003304). A breakout above R1 could signal the continuation of the upward trend, potentially targeting the high of 0.00004567. On the downside, the closest support is at S1 (0.00002023), with deeper support at S2 (0.00001095). These levels align with the rising trendline, indicating that as long as S1 holds, the bullish structure remains intact.
The MACD (12, 26) indicator currently shows a neutral stance, with the MACD line near the signal line and minimal histogram activity. This suggests that momentum is neither strongly bullish nor bearish at this moment. On the other hand, the RSI (14) is at 66.26, indicating that the price is approaching overbought territory. While this highlights strong buying pressure, it also suggests the possibility of a short-term pullback or consolidation.
If SHIB breaks above R1 with strong volume, it could confirm further bullish momentum toward R2 and potentially the high of 0.00004567. Conversely, if the price faces rejection at R1, it could retrace toward S1 or S2, where buyers might look for re-entry opportunities.
In conclusion, my outlook for SHIB/USDT is cautiously optimistic. The key focus remains on the price action around R1. A decisive breakout would signal the continuation of the bullish trend, while a rejection could result in a pullback to key support levels. I will monitor momentum indicators and volume closely to adapt to any changes in market dynamics.
shiba usdt is involved with weekly resistance....shiba is touching the weekly resistance but now is involving with .
we will wait about a day now on , if closed up side the 0.00002824 strongly , except to see 0.00003000 and 0.00003200 and finally 0.00003363 yet ...
for supports we have 0.00002559 and 0.00002435
Good luck
#SHIB 1H. Rising triangle and speculation. 11/22/24
The price has formed an ascending triangle pattern, managed to reach the support level (duringa local correction), and quickly bounced back. Considering these and other factors, I’m looking at this as a potential opportunity for speculation, anticipating further upward movement.
As for you, I recommend entering a position at your own discretion—the decision is yours!
The extreme target is $0.00003042
SHIBA - Ready to MoonShiba has been under-performing compared to other meme coins however it is nearing a break of trendline and this should open higher levels. As far as lower levels hold, we should see a agressive Bullish Move.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Reversal in Price Expected
ShibaInu's Bullish Outlook Following Dogecoin's HighShibaInu's Bullish Outlook Following Dogecoin's High
It's interesting to see Shiba Inu (SHIB) showing bullish signs on the daily chart with increased volume.
From a technical perspective it should rise again. We are not looking at for very big targets. We are looking at for targets that were reached during the previous BTC bullish trend near to March 2024.
Given its similarity to Dogecoin (DOGE), which recently hit a new all-time high, it's reasonable to be optimistic about SHIB's potential to reach targets set during the previous BTC bullish trend in March 2024.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
SHIBUSDT soon above 0.000036$ We are looking for at least +50% more pump here and hitting our first target which is 0.000036$ and then after that also more pump is expected why not.
also major supports and resistances are all mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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SHIBUSDT Up Trend ContinuationSHIBUSDT recently surged after breaking out from a consolidation zone, reaching the resistance area at 0.00003 before pulling back. Currently, the price is moving sideways, forming a range as it approaches the upward trendline. This narrowing price action may lead to a breakout and potentially another price surge. The market may dip below the previous week's low to take liquidity before moving higher. The target is the resistance zone around 0.00003
Lingrid | SHIBUSDT sideways TREND before Take-OffThe price perfectly fulfilled my last idea. It reached the target zone. BINANCE:SHIBUSDT made a surge following the breakout from the consolidation zone, reaching the resistance area at 0.00003 before pulling back. The price is currently moving sideways, forming a range as it approaches the upward trendline. This narrowing price action may lead to a breakout and potentially another price surge. I anticipate that the market may dip and possibly go below the previous week's low to take liquidity before making a move higher. My goal is resistance zone around 0.00003
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SHIBUSDT wait for huge pumpAs we said before the pump here just started and we are looking for more pump and rise here to the targets and next resistance zones on chart.
also BTC may start correction and short-term dump and then we have alt-coin season.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Shiba Inu price rally stalls at $0.0000030 – analysisDespite booking sizeable monthly timeframe gains, Shiba Inu’s price performance has lagged behind its rival memecoins including Dogecoin, PEPE and Solana-hosted BONK.
Dogecoin price was mainly driven by Trump’s confirmation of Elon Musk’s involvement in the incoming administration, the likes of PEPE and BONK have also lifted be recent listings on major exchanges including Robinhood and Coinbase.
SHIB has now stagnated around the $0.000025 level. On-chain data trends suggest this consolidation phase is at risk of further retracement. Since Shiba Inu price retraced from the monthly timeframe peak of $0.000030 on November 13, whale investors have dialed down demand considerably.
However, the $700 million decline in whale demand now puts SHIB at risk of further downswings.
In terms of short-term price projection, SHIB technical indicators are also signaling a potential pull-back towards $0.000023.
The Donchian Channels, calculated using the 20-day high and low, illustrate a tightening price range. SHIB’s price is currently hovering near the lower boundary of the channel, around $0.00002326. This suggests weakening bullish momentum as sellers test the lower end of this critical range.
A close below $0.000023 could trigger additional sell-offs, exposing SHIB to a retest of its next support at $0.000020, which aligns with the lower Donchian threshold from early November.
Given the weakening whale demand and bearish technical signals, Shiba Inu appears poised to test the $0.000022 support level in the coming days. If sellers breach this zone, SHIB risks falling further toward $0.000016, a key support level last tested in October.
Shiba Short termWith a few stops on the way think we're on our to .00004. The bullish flag measured out with the fib and the cup and handle measurements as well - represented by the white boxes. I'll see if I hold till then. Saying that is crypto so it could go lateral, horizontal or into a dimension we don't know of yet. And after playing a bit and checking options we could touch .000046 on this one.