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SHIBUST trade ideas

SHIB ANALYSIS🔮 #SHIB Analysis 💰💰 🌟🚀 As we can see that #SHIB was following Falling Wedge Pattern in 6hr time frame and gave a breakout. Currently #SHIB is trading in a parallel channel. Broken out of parallel channel could lead to a bullish rally📈📈 🔖Current Price --- $0.00002730 🎯Target Price -----$0.00003793 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB . 🚀💸 #SHIB  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
1
SHIB Monthly Close Above $0.000027 Key to Potential GainsShiba Inu (SHIB) is showing signs of life on the monthly charts. I am closely watching the price action, with a potential breakout hinging on the upcoming monthly close. Crucial Level: $0.000027 A monthly close above $0.000027 could be a bullish catalyst for SHIB. If this level is breached, I project a price surge towards a range of $0.000037 to $0.000045. This represents a potential upside of 37% to 67% from current levels around $0.000024. Downside Risks Remain However, caution is advised. A monthly close below $0.000025 could trigger a sell-off, pushing SHIB down to the $0.000018 support level. This translates to a potential decline of 25% from current prices. I recommend DYOR before trading and investing it.
by Z4F4R
1
SHIB look bearishConsidering the lower L's, it seems that SHIB intends to move towards the specified demand By maintaining the supply range, it can drop the demand side. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
1
SHIB Accumulation UpdateThe volume surges observed significantly impact the asset's behavior, with each spike occurring at key support levels, often resulting in a bullish reversal hammer candlestick pattern on larger timeframes or contributing to upward momentum. Conversely, periods of bearish trends are characterized by lower volume, suggesting an accumulation phase. Breaking above the .00003044 mark could potentially position us in and above the all-time high (ATH) range, indicating that the current retracements are a healthy part of the asset's price action. With the halving event approaching, there is a strong belief in the asset's potential to achieve at least a 400% increase in the short term, in my opinion. For continued upward movement, it's crucial for the price to align with my predefined horizontal levels, sustain volume, and avoid being rejected. This scenario would indicate that aggressive buyers are effectively absorbing the available limit orders and liquidity. With sufficient testing of these levels, we anticipate breaking into higher price ranges and beyond. We should see is trade in a new higher range sometimes before the 27th, if not we can still accumulate at these levels a little longer. Good Luck!
Long
by SPYDERMARKET
Shiba Inu (SHIBUSDT): Potential Bounce Back After Correction?Shiba Inu ( BINANCE:SHIBUSDT ) has reached a confluence of support levels after a recent price correction. This includes the support and resistance zone, daily and weekly pivot points, and potentially multiple micro, mini, and macro chart channels. Positive Influences: Support Levels: Reaching these support zones often indicates a buying opportunity for bulls. Bitcoin's Rise: Historically, strong performance by Bitcoin can sometimes lead to positive movements in altcoins like SHIB. Increased Trading Activity: Rising transaction volume in SHIB/USDT suggests growing interest from buyers. What to Waiting For? Channel Breakout: A decisive break above the upper channel line could signal a stronger upward trend. Liquidity Rise: Increased trading volume (liquidity) often accompanies significant price movements. Important: This analysis is for informational purposes only and not financial advice. Past performance is not necessarily indicative of future results. Do your own research before making any investment decisions.
Long
by Arash-RK
Big Move Coming For SHIB!! SHIBA Inu has seen a nice retracement, but now it may be time to watch closely! 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 0.0000305$ and take profits at the levels shown in the chart. Targets: 1. 0.0000315$ 2. 0.000033$ 3. 0.0000348$ 4. 0.000037$ ------------------------------------------- About our trades: 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!
Long
by MBM_Crypto
SHIB Retesting Support and May Drop to $0.00001909In recent trading sessions, BINANCE:SHIBUSDT has displayed a downward trend on the 4-hour chart, indicating potential challenges ahead for investors. The 9 Exponential Moving Average (EMA) and 20 EMA trajectories reinforce the bearish outlook. The 9 EMA values have decreased from $0.00002765 to $0.00002635 over the last 48 hours, while the 20 EMA has softened from $0.00002823 to $0.00002732, indicating a bearish crossover scenario where the short-term momentum is weaker than the long-term trend, a typical signal for declining prices. Further compounding the bearish sentiment, the Moving Average Convergence Divergence (MACD) shows a negative histogram progression, evolving from a near-zero difference to a more pronounced negative gap between the MACD line and its signal line. This transition in the histogram values suggests increasing bearish momentum. The Relative Strength Index (RSI) offers additional insight, with values consistently below the 50 threshold. This indicates that the market is in a state of bearish momentum, not yet oversold but certainly leaning away from bullish territory. The immediate resistance levels are set at $0.00002982, with further ceilings at $0.00003312 and $0.00003368. These levels represent significant barriers for any potential upside recovery. On the downside, support is found at $0.00002489, with a critical level at $0.00001042, which, if breached, could signal further declines.
by StevenWalgenbach