Are you ready ???? #SHIBA#shiba is ready for takeof
The time has come for Shiba to start its flight, after the explosive price of Dogecoin, now it is Shiba's turn to change the trend and become bullish by breaking the downward trend line.
SHIBUST trade ideas
#SHIBUSDT (repeat ?? )Will history repeat itself?
I have a positive opinion
The previous 700% growth may be repeated on a smaller scale if
the red resistance ahead is broken
So wait and watch
SHIBUSDT.1DAs I analyze the SHIB/USDT daily chart, several key levels and indicators highlight potential price movements. Starting with support and resistance zones, I’ve identified two major resistance levels: R1 at 0.00002196 and R2 at 0.00002817. Additionally, two significant support zones exist, with S1 at 0.00001544 and S2 at 0.00001121. These levels form the boundaries of a potential price channel, giving a framework for likely price oscillations in the short to mid-term.
Currently, SHIB is trading near 0.00001903, positioned between R1 and S1, indicating a zone of consolidation. This range-bound activity could suggest accumulation, as the asset builds momentum for its next significant move. Notably, a break above R1 could act as a bullish trigger, with a potential target around R2. Conversely, a break below S1 may suggest bearish pressure, with a possible decline toward S2.
The MACD (12, 26) indicator, displayed at the bottom of the chart, also provides valuable insights. At present, the MACD line is moving close to the signal line, which can indicate an upcoming shift in momentum. If the MACD crosses above the signal line with increased histogram bars, this would strengthen the case for a bullish breakout towards R1 and potentially higher.
Considering these elements, my overall bias is cautiously optimistic. I anticipate that SHIB could see a bullish continuation if it maintains support above 0.00001544, with the initial target at R1. However, if SHIB fails to hold this support, it would be wise to reconsider the position, as a bearish trend might resume towards the lower support level at S2.
In conclusion, my analysis suggests a balanced approach, watching closely for confirmations at key levels. A breakout above R1 with strong volume could signal the beginning of an uptrend, while any weakness around S1 would prompt a reassessment. For now, I remain patient, awaiting a clear signal to validate the direction of the next major price movement.
What's nextIs the double bottom formation complete even though the day chart candle did not print yet? there is a possibility of a slight pull back, a correction? hypothesizing because of the double bottom and the successful and blessed positive move after that.
Positives- weekly candle is above the 50 EMA
Day candle currently over 21 and 50 EMA
Weekly Chart has cup and handle forming
Negatives- SRSI and RSI and CCI on day chart both indicate asset is overbought. Very close to a key level possible resistance.
Buy Trade for SHIB: Harnessing Meme Power and Ecosystem Growth**Description**:
This trading idea centers on **SHIB** (Shiba Inu), a cryptocurrency initially created as a meme token but has since evolved into a multifaceted ecosystem. SHIB has gained massive popularity, thanks to its large and active community, which drives its adoption and market value. The Shiba Inu ecosystem now extends beyond just a token, with features like ShibaSwap (a decentralized exchange), NFT projects, and the development of its own metaverse initiative, adding value and utility to its ecosystem. SHIB's strong community support and ongoing developments indicate long-term potential in an increasingly competitive crypto market.
However, it is important to recognize that the market for meme and community-driven tokens like SHIB is highly volatile and can be heavily influenced by shifts in sentiment, social media trends, and regulatory developments. As a result, trading in SHIB requires careful consideration of market dynamics and a disciplined approach to risk management.
**Disclaimer**:
This trading idea is provided for educational purposes only and should not be considered financial advice. Cryptocurrencies, including SHIB, are highly speculative and involve substantial risk, including the possibility of losing your entire investment. Always conduct thorough research, assess your financial position, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.
SHIB/USDT PLEASE TRADE AT YOUR OWN RISK
reason 15 min ob respect with 4 hour zone and for upper lqd zone tare at your own risk
Shiba Inu Update: Bearish, New Entry PossibleI am using the same chart as before with the same drawings, the same trading range.
Notice that SHIBUSDT (Shiba Inu) produced a lower high recently and continues bearish. Our leverage SHORT is active with two targets hit and now a new entry is possible.
There was a small bounce, three days green, and this is repeating all across the market. This is due to the positive US elections results. The excitement is dying out though and the market is about to resume the main trend in which it has been moving for most of the year.
A lower low is possible and we wait patiently for the chart/market to unravel.
If prices move and close above the upper boundary of the trading range, bullish potential becomes active. As long as the trading is happening within the channel, the potential remains bearish.
I will do an update for PEPEUSDT tomorrow when my publishing slots open, I belief I reached the limit for today.
Thank you for reading.
Namaste.
SHIBA USDT DAILY According to the range specified in the specified box, good targets can be predicted for the short term. The targets are specified
Is SHIB (Shiba Inu) the Next Big Player in the 2024 Bull Market?
Shiba Inu (SHIB), the popular meme coin, has been making significant strides in the cryptocurrency market. While it may not be as widely recognized as Bitcoin or Ethereum, SHIB has garnered a dedicated following and has shown remarkable resilience. As the 2024 bull market unfolds, several signs suggest that SHIB could emerge as a dominant force, potentially triggering a 90% price surge.
1. Strong Community and Social Media Presence:
One of the most significant factors driving SHIB's potential is its passionate and active community. The SHIB Army, as they are known, has been instrumental in promoting the coin and generating significant buzz on social media platforms. This strong community support has helped SHIB maintain its relevance and attract new investors.
2. Technical Analysis and Chart Fractals:
Technical analysis provides valuable insights into potential price movements. Chart fractals, which are recurring patterns in price charts, can be used to identify potential future price trends. Recent analysis of SHIB's chart suggests that the coin may be forming a bullish pattern, similar to historical patterns that preceded significant price surges.
3. Layer-2 Solutions and Ecosystem Expansion:
Shiba Inu has been actively exploring Layer-2 solutions to enhance its scalability and transaction speed. By leveraging these technologies, SHIB can address the limitations of its underlying blockchain and attract a wider range of users and developers. Additionally, the expansion of the Shiba Inu ecosystem, including the development of new projects and partnerships, can further fuel its growth.
Potential Challenges and Risks:
While the future of SHIB appears promising, it is essential to acknowledge potential challenges and risks:
• Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur without warning. Investors should be prepared for potential price fluctuations.
• Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any unfavorable regulatory developments could negatively impact the price of SHIB.
• Competition: The meme coin market is highly competitive, and the emergence of new and innovative projects could divert investor attention away from SHIB.
Conclusion:
Shiba Inu's strong community, promising technical analysis, and ongoing development efforts position it as a potential breakout candidate in the 2024 bull market. However, investors should approach SHIB with caution and conduct thorough research before making any investment decisions. By understanding the risks and rewards, investors can make informed choices and maximize their potential returns.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
SHIBUSDT / 4h / LongI think SHIB in next weeks can reach higher levels and soon we are expecting our target which is 0.00002220 $ to be hit
SasanSeifi| Can We Expect a Rebound Above Key Resistance Levels?Hey there, ✌ BINANCE:SHIBUSDT On the 4-day long-term time frame, after breaking a strong support at the 0.000018 cent level, the price experienced a significant drop, reaching the 0.000010 cent range. Currently, the price is trading in a range around 0.000014 cents, and it’s important to note that it remains below the 200-day Exponential Moving Average (EMA). As long as the price is trading below the 200 EMA and the key supply zone between 0.000016 and 0.000017 cents, the overall outlook stays bearish.
At the moment, the price is moving toward the key supply zone. If the price gets rejected and momentum weakens at this level, and we receive a sell confirmation (SELL) on lower time frames, the likelihood of a downward move toward targets like 0.00000945 cents increases.
On the other hand, if the price manages to break and hold above the key level and the 200 EMA, further price growth towards targets of 0.000020, 0.000023, and 0.000025 cents is possible.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Lingrid | SHIBUSDT possible Upward SurgeThe price perfectly fulfilled my last idea. It hit target zone. BINANCE:SHIBUSDT recently formed a double bottom, followed by a upward move. It has now created an equal high, suggesting that the market is entering a consolidation phase. However, I believe the market may be gearing up for an upward surge, as the price is currently in an accumulation phase. On the daily timeframe, we observe strong bullish impulse moves accompanied by gradual pullbacks, indicating persistent buying pressure. I anticipate that the market to target liquidity below the previous daily low before retesting the area above the equal high. My goal is resistance zone around 0.00002050
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Last Chance for Shiba inu to buy from dip2 days ago Shytoshi Kusama tweet that S.H.I.B its means some positive news coming for shib and here is the the weekly time frame prediction for shib to All Time High again.
just prepare yourself for big movement to upside rocket.
#SHIB💎 #SHIB 1D
We completed the Descending Broadening Wedge pattern and ready to break out of the one 👀
Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?
Shiba Inu (SHIB), the popular meme coin, maintained its steady price trajectory on Wednesday as the broader cryptocurrency market experienced a rebound. While most meme coins, including Dogecoin (DOGE), bounced back from recent declines, SHIB held its ground, hinting at a potential bullish trend.
Golden Cross on the Horizon
One of the most intriguing developments for SHIB investors is the looming golden cross pattern. This technical analysis indicator occurs when a short-term moving average (MA) crosses above a long-term MA, signaling a potential bullish trend reversal. In the case of SHIB, the 50-day MA is approaching a crossover with the 200-day MA, which could ignite a significant price surge.
Why SHIB Might Soar Higher
Several factors could contribute to a potential rally in SHIB's price:
1. Increased Burn Rate: A recent surge in the SHIB burn rate, which involves permanently removing tokens from circulation, has boosted investor sentiment. As the supply of SHIB decreases, its potential value could increase.
2. Community-Driven Initiatives: The strong and active Shiba Inu community continues to drive innovation and support the project. Community-led initiatives, such as SHIB: The Metaverse, can attract new investors and fuel price growth.
3. Market-Wide Bullish Sentiment: A broader cryptocurrency market rally, fueled by positive news and regulatory developments, could benefit SHIB and other meme coins.
4.
Analyst Predictions and Potential Upside
Cryptocurrency analysts are increasingly bullish on SHIB's future. Some experts predict a 10-fold surge to its yearly peak, while others anticipate a massive bullish wave following recent price gains. These optimistic forecasts highlight the potential upside for SHIB investors.
Cautious Optimism
While the technical indicators and analyst predictions are promising, it's essential to approach investing in SHIB with caution. The cryptocurrency market is highly volatile, and meme coins are particularly susceptible to sudden price swings. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
Conclusion
Shiba Inu's steady price action amidst a broader market recovery and the impending golden cross pattern suggest a potential bullish future. Increased burn rates, community-driven initiatives, and a positive market sentiment could further propel SHIB's price. However, investors should exercise prudence and diversify their portfolios to mitigate risks.
SHIB some educational point for investors (educational)Hello and greetings to all my valued followers and crypto enthusiasts. In this IDEA, I aim to provide some educational points and overview of the SHIBUSDT’s position. 🙌🐋
The SHIB token is one of the loudest tokens in the crypto market over the past few years, especially during the peak of the crypto market. It was a time when many investors flooded into the market, and this token experienced a significant explosive price increase.
It had a large community and a very powerful tool known as media, which resulted in a massive influx of capital over a few months. Buyers at various levels and stages were purchasing this token, and their wallets saw beautiful positive green numbers, realizing substantial profits. However, before they could withdraw these profits, just like what happens to most of these upward explosions, they fell into doubt and uncertainty.
This capital, like layers of sedimentary rocks formed at the bottom of the sea, became trapped and stagnant in the same purchased assets.
As I mentioned, contrary to the potential this token has, it has fallen into a deep sleep, and to emerge from this slumber, a new influx of capital is needed. Nevertheless, it still holds great potential for growth.
The point I want to emphasize today, or rather share from my personal experience, is to sometimes embrace the events that occur in life and give a new color to your path with this acceptance. Financial markets, much like life, embed the psychology of human beings in every layer.
If you encounter failure or loss, stopping your losses at any moment is a golden win for you. I’ll keep my words short to have a deeper impact on you; just think carefully about my words and don’t repeat my past experiences.
Now, I’ll provide a brief summary of the upcoming trend for the SHIB token: the price of this token is currently experiencing a range and calm cycle similar to most market trends, and with a new influx of capital, we can expect a good price increase.
Summary: learn to accept your mistakes and cut the loss as soon as possible, don't steak to your pleasant moment happened in the past and respect this as well in crypto market too.
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
SHIBUSDT 200% pump ahead As we said before from daily low we are looking for at least +200% rise and soon that target will also hit.
major supports and resistances are also mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
<
RIP shibI've been expecting this badboy to come down to the 1350's and currently, its probability is higher than ever. We have simply come back to the acceptance of 1825. So I'mma short it once we get that retest of the level with the SL of the recent high made last night
WHAT'S NEXT FOR SHIBA.....?Yo, shib army... all y'all hodlers, Spot traders, futures analyst in the game, meme coin lovers, here's a little update for ya, make do with it as you wish
If Shib breaks that LID( ya that red line) best belief it will test 0.00002169 and if it closes above that level and STAYS!!!...
we heading up 30% @ 0.00002550
You heard it hear first
PEACE
SHIB Eyes Breakout as Bullish Momentum Builds: Key Levels to WatBINANCE:SHIBUSDT is showing bullish momentum on the 1-hour chart! Prices have risen from $0.00001767 to $0.00001849, with key support at $0.00001847 and resistance at $0.00001852.
Traders should watch for potential entry points around these levels. A breakout above $0.00001852 could signal further gains, while a failure to hold support may indicate a retracement.
Shiba Inu gears up for a surge: analysisShiba Inu (SHIB) has shown strong bullish signals, recently breaking out from a falling wedge pattern on its daily chart. This breakout suggests a potential shift in momentum for SHIB as it pushes toward higher levels.
At press time, SHIB trades around $0.00001735, up 3.21% over the last 24 hours.
The token now faces immediate resistance at $0.00001911, with a more challenging barrier at $0.00002869. Therefore, a successful breakthrough could confirm sustained bullish momentum.
SHIB’s recent breakout from a descending wedge pattern, a classic bullish reversal, hints at renewed strength. The chart reveals SHIB nearing its first resistance at $0.00001911, and momentum indicators seem to support this upward trend. Should Shiba Inu clear this level, it will then face a stronger barrier at $0.00002869.
Consequently, breaking through both could indicate a longer-term bullish trend, potentially drawing more market interest. However, this setup will need follow-through momentum—can SHIB capitalize on this breakout?
Analyzing SHIB’s Stochastic RSI reveals an optimistic picture. The Stochastic RSI sits at 27 (blue line) and 20 (orange line), hinting at an oversold condition that often precedes a price rebound.
Additionally, the MACD supports this momentum shift. The MACD line is approaching zero, showing early signs of a bullish crossover. Therefore, the combination of the Stochastic RSI and MACD signals points to potential buying pressure.
With strong technical support from indicators like the Stochastic RSI, MACD, and a bullish long/short ratio, SHIB appears poised to continue its upward trend.
If SHIB can break through the critical resistance levels at $0.00001911 and $0.00002869, it is likely to sustain its rally and possibly attract greater market interest. For now, SHIB seems ready to push higher and could solidify its bullish momentum in the near term.
#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin.
In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets.
After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999.
Also invite you to benefit from my Bitcoin setup and analysis...
Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link :
According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌
In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉
Shiba bullish started I think this is what we are going to see in the future.How much do I trust him? According to the knowledge I have, 100%, but the market is full of risks and possibilities
:)
#shiba
#sihbusdt
