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SHIBUST trade ideas

SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts. It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.
Long
by tradingwithanthony
SHIBA#SHIBA This currency has been undergoing price correction and time correction for more than two years, but now it has broken the downward trend line and is ready for a relative rise. We do not expect high targets for now. At the moment, the market is bullish... many currencies still do not have a positive movement and we are waiting for them, but we are always aware that the price of Bitcoin can lead to a fall. For now, we are going with the price chart and in case of buying, we will step by step risk-free.
Long
by aminshk
SasanSeifi 💁‍♂ SHIB / USDT DAILY Hey there! In the daily timeframe, as you can see, the price has been accompanied by buying demand from the 0.00000670 range. With the break of the 0.00000733 resistance, it managed to move into the supply zone. Currently, after the growth from the supply zone, it has encountered negative reactions and is trading in the price range of 0.00000770, indicating a range-bound movement. A potential scenario to consider in the daily timeframe is as follows: If, after the consolidation, the price can break above the significant resistance range of 0.00000800 and consolidate, there's a possibility of further growth towards the specified targets, as shown in the image. The important support ranges are at 0.00000740. Alternatively, if the price falls below the support range and consolidates, there's a possibility of a price correction to the support zone at 0.00000670. The potential trend is also depicted in the image above. As always, it's essential to conduct your analysis and consider additional factors before making any trading decisions. Good luck! If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 ❌ (DYOR) ⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!✌
by SasanSeifi
2
Step 6 - Go to the Beach! 🏖️😽International cats day yesterday so let's start with something meaningful: Love and protect animals. We share this planet with them and we tend to be the nasty species. The stupid humans we are, polluting and shitting all over the place till we destroy it together with all life.... we are the 'animals' my fellow humans Now let's talk crypto: It all starts with the usual Fomo (Fear of missing orgasms) when Shiba pumps on major news (Shiba going De-fi with Shibarium and Binance gives it a nice boost, check links below). First thing i do is check fundamentals. They are many and positive (links below) so i say 'Yes, we need to get on this..but how?' Step 1: Not eating the FOMO (fear of missing out...) FOMO is real and is always a bad actor. The beauty of crypto is that you NEVER EVER miss the train! There are always stops to get on the train, in both directions. Step 2: Given this I was quite comfortable to take a calculated Short position while some Shiba holders where taking their profits! Short to 0.0000090 instead of fomo-ing with a tight stop loss and controlled risk. Step 3: Taking profit (x6 the risked margin) I always follow my charts and sometimes i am right, sometimes I am wrong. Close to 0.0000090 was an area that had to be checked as support. And it did. That was time to take profit from short position and finally look for a Long entry which was the Goal. Step 4: Time to go Long. That was the plan after knowing the fundamentals. Ethereum dog is a key player, can go strong and i was finally ready to Buy my shares in it. Only this time it was with a x6 budget. As always the chart is my map to the treasure. Going Long with a calculated risk, on support 0.00000880 and a stop loss just below that *I am no God, this actually worked the second time! And that's the beauty of it. Step 5: Taking profit back to where it all started. If we had entered spot we would had been at break even. Instead we are at a 6x6= 36 ALWAYS secure profit. Thus closing half position while still another half remains open. Always take some profit if the markets have been nice to you. Always leave something open just in case you feel the Fomo again (welcome to crypto!)! Step 6: Going to the beach for a break. Unfortunately i don't have a dog but there are other animals there to keep me motivated. Mostly female humans in bikinis. In the meantime Shiba might take a break now before eventually probably rising to 0.0000111 with a possible new retracement to 0.0000095. Who cares now? Job is done: ✔️Profit has been taken on short ✔️Profit has been taken on Long ✔️1/2 position is still open ✔️Stop loss is on guaranteeing more profit in any case Will Shiba go to 1$? No, it won't. Check it's supply of a billion trillion tokens (on a serious note, the current circulating supply of SHIBA INU is 589 trillion) Shiba is Ethereum's Dog. Vitalik and his hungry gas fed freaks will feast on anything that burns gas (your money) and makes Ethereum money. Either this is Unibot, Shiba or anything stupid like Xen, some NFTs and all the non-sense out there). Yes, some of it is GREAT but most of it is non-sense. Shiba will need to burn a LOT of tokens to rise over 0.0000118..if it goes there first which will depend on BTC and ALTS market in general. One Love, The FXPROFESSOR 😽🌭 Links/fundamentals: Shiba Inu Takes Step to Become DeFi Contender With Digital IDs: www.coindesk.com Binance approves Shiba Inu as collateral asset: cointelegraph.com Shibarium Launch Nears: u.today - don't forget, I was never a big fan of shiba..was actually short for a long time:
Long
by FX_Professor
11
SHIB's Market PositionSHIB is currently fluctuating between key supply and demand areas. At this juncture, it's advisable for traders to hold off on engaging in transactions until SHIB interacts with one of these critical zones. This strategy is based on the broader, long-term bearish trend indicated by the descending trendline. However, it's important to note that if Shiba breaks through this trendline, there's potential for a shift towards an upward trajectory. This break could signal a change in market dynamics, presenting an opportunity for traders to reassess their positions in anticipation of a possible bullish reversal. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is SHIB Shiba. I've set a short-term price target for SHIB Shiba at $0.00000700. Looking forward to read your opinion about it!
Short
by TopgOptions