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SHIBUST trade ideas

Shiba Inu(SHIB) Aims for a 25% Surge Post Falling Wedge BreakoutFalling Wedge Breakout: SHIB price action indicates a bullish breakout from a falling wedge pattern, signaling potential growth. Resistance at 50-Day EMA: The recent upward trend in SHIB price faces a critical test at the 50-day EMA. Upside Target: A successful breach above the 50-day EMA could catapult SHIB to the $0.000012 level. Descending Support Rebound: Shiba Inu finds support along the short-term descending trendline, signaling a possible market stabilization. 200-Day EMA Recovery: SHIB has regained its footing above the 200-day EMA, challenging the 50-day EMA to avert a potential death cross. Bullish Long-Term Outlook: Our Shiba Inu price prediction for 2024 forecasts a promising bull run for the meme coin. 19% Downtrend in Pattern: SHIB’s falling wedge pattern emerged from a 19% decline, setting the stage for a rebound. Volume Spike on Reversal: An uptick in trading volume aligns with SHIB's price recovery, reinforcing the breakout momentum. Technical Indicators Favor Bulls: The MACD and signal lines indicate a bullish crossover, bolstering the trend reversal case for SHIB. Critical Price Movement: If SHIB sustains its breakout and crosses the $0.000010 mark, it could witness a substantial rise. Downside Risk: Failure to maintain momentum might see SHIB slide to $0.000008360, highlighting the importance of the current breakout. Market Influence: The overall crypto market recovery is lending strength to Shiba Inu's bullish endeavors.
Long
by Coinpedia-Market-Insight
1
Shiba Inu is Exhibiting a DowntrendIn the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor. We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
by MonoCoinSignal
1
SHIB Shiba Inu Potential Rally Soon!I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article: We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement crypto payments to his new platform, X Payments. So, yes, exciting times ahead! My next price target is $0.00001250.
Long
by TopgOptions
SHIBUSDT - BULLISH OUTLOOKSHIBUSDT is exhibiting a bullish divergence on the 1-hour (1H) time frame, indicating the potential for a bullish reversal. This divergence, when supported by other technical factors, suggests a shift in momentum towards an upward movement. For traders contemplating a position, the following trading strategy is suggested: Entry: Consider initiating a long position using a Buy Stop order at the price level of 0.00000940. Stop Loss (SL): Implement a risk management Stop Loss order at 0.00000877. Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio: TP1 = 0.00001003 TP2 = 0.00001066 This trading strategy aims to capitalize on the anticipated bullish reversal. However, it's crucial to monitor the market closely for any shifts in price action and be prepared to adjust the strategy accordingly.
Long
by Sarmadayaz
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames. We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone. It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges. In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon Closing two 4-hour candles above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: here Target1: 0.000010219 Target2: 0.000010866 Target3(Final Target): 0.000011544 Stoploss: 0.000009090 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Long
by MakingMoney444
1
Robinhood's $SHIB Purchase Send Shockwaves Through Crypto MarketPopular American exchange Robinhood has made a bold move by acquiring a staggering 202 billion Shiba Inu ( CRYPTOCAP:SHIB ) tokens in less than 24 hours. This unprecedented buying spree positions Robinhood as the fourth largest custodian of Shiba Inu, trailing behind Binance, Crypto.com, and the mysterious black hole wallet associated with the original Shiba Inu project. The move has not only caught the attention of the crypto community but has also sparked discussions about the potential implications for Shiba Inu's future and the broader cryptocurrency market. Robinhood's Growing Influence: The acquisition by Robinhood now means that the platform holds approximately 2% of SHIB's circulating supply. This significant ownership stake raises questions about Robinhood's strategic vision for Shiba Inu and its potential impact on the token's market dynamics. The move is particularly noteworthy as it comes amidst a period of price stagnation for CRYPTOCAP:SHIB , with the token slipping below 1% following a week-long correction in the overall crypto market. Vitalik Buterin's Legacy and CRYPTOCAP:SHIB 's Circulating Supply: It's crucial to revisit the project's history, especially Vitalik Buterin's use of the dead wallet address to burn $6.7 billion in Shiba Inu tokens nearly three years ago. This altruistic act, which removed approximately half of CRYPTOCAP:SHIB 's supply from circulation, still resonates on the blockchain, constituting 41.04% of the total supply. The current ownership dynamics, with Robinhood emerging as a major custodian, adds a new layer to Shiba Inu's evolving narrative. Crypto Whales in Action: The article further explores other notable transactions within the Shiba Inu ecosystem, shedding light on the actions of crypto entrepreneur Justin Sun. SpotOnChain, a blockchain whale-watching agency, reveals Sun's recent move to cash out 79.334 billion CRYPTOCAP:SHIB tokens from Binance to a decentralized wallet on-chain. This follows his substantial withdrawal of 500 billion CRYPTOCAP:SHIB coins just last month, indicating an intriguing accumulation phase for the crypto billionaire. Market Reversal and Long-Term Investment Potential: As the crypto community closely monitors these whale movements, there's a recognition that such actions often precede price trend reversals. Additionally, the article underscores the significance of these moves in assessing the long-term investment potential of Shiba Inu. While some crypto whales accumulate CRYPTOCAP:SHIB in response to positive developments like the acceptance of Bitcoin exchange-traded funds (ETFs), it's essential to note the current negative correlation between Shiba Inu and Bitcoin prices, as highlighted by blockchain data analysis platform IntoTheBlock. Conclusion: Robinhood's substantial acquisition of Shiba Inu tokens has injected fresh energy into the Shiba Inu ecosystem, prompting speculation and discussions within the crypto community. The article dives into the historical context, market dynamics, and the actions of key players like Justin Sun, providing readers with a comprehensive understanding of the current state of Shiba Inu and its potential trajectory in the ever-evolving cryptocurrency landscape.
by DEXWireNews
1
✴️ Shiba Inu Double Top Confirmed (Still Time Left To Act!)What one does, the rest follows... It works both ways. It worked from the ground up, it will work in reverse. All the charts I am seeing are bearish now, those Altcoins paired with Tether. Maybe, only those BTC pairs (ALTSBTC) will survive this time around, actually, will thrive. I've been sharing those for a while so you better prepare to protect your folio or else it will drop by 30-40%, by the time you decide to take action if you didn't do so in advance it will be too late. The market moves in cycles... Shiba Inu , ok! We were early for the last call for a drop on Shiba Inu, which only gives more strength to the current chart setup. We have a double top and bearish divergence with the RSI since August, pretty strong. Bear volume going up and the RSI bearish, going down with a reading below fifty (43.57) now. We ride the waves... It went up, we went up. It goes down... We stay up! Namaste.
Short
by MasterAnanda
4