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SHIBA INU / Venus

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SHIBXVS_2C9DD2.USD trade ideas

Shiba Inu AnalysisShiba Inu Analysis Shiba Inu has recently experienced a downtrend, breaking through a significant support level. Currently, it appears to be retesting this level; however, this remains unconfirmed until the candle closes. In my view, it would be prudent to await the closure of the current candle before contemplating a short position. I also believe that the pair is still aligned with the broader downward trend and has yet to complete its downward movement. I would be interested in hearing your perspective on Shiba Inu's current market behavior. Please remember that market conditions can change rapidly, and it is essential to conduct thorough analysis and consider risk management strategies before making any trading decisions. Cheers!
COINBASE:SHIBUSDShort
by sirkamal
1
Long Wick CandleGood day Team Risky dangerous Times for SHIB. SHIB is resting on a key level (please see chart). With a prior long wick candle that had some interesting volume. Long Wick candles at a key level have a chance (not certain) of price reversal but the next candle needs to be significant or close above the long wick candle high. On the chart the current candle is still forming. On the chart FVGs in green and red blocks and value zones in grey and key levels are labeled. Risky times please be careful.
COINBASE:SHIBUSD
by paper_Trader1775
Possible Accumulation Phase, or Pause before descent That escalated quickly. Let us gently look at the chart, let us keep in mind DOW theory, and the bottom indicator(Chris Moody), miraculously it was shown to us that price has retraced very closely to August 2024 price. In that time, it appears that price went through accumulation phases, markup phases and distribution and mark down phases. Please observe the cm_williams_vix_fix finds market bottoms on the chart and see if you can match it to one of the accumulation phases. The cm_williams_vix_fix finds market bottoms is flashing again, if price stays between 0.00001065 and 0.00001588 it is possible we could hypothetically be in an accumulation phase, however if we fall below 0.00001065 be very cautious. It is also possible that price can skip the phases this time and reverse back please be careful and look out for trends and phases.
COINBASE:SHIBUSD
by paper_Trader1775
Shiba Inu Elliott Wave Analysis: What Starts in 5's, Ends in 5'sAnalyzing Shiba Inu’s price action from its inception from 2020, we observe a well defined 5-wave structure emerging from the low, signaling the completion of the higher degree wave (1). Applying a fib extension measurement from the start of wave 1 to wave 3, and then extending it to wave 4, we find that wave 5 extends precisely to the 1.618 extension level—which is usually the max extension for wave 5 using these three points. Further confirmation comes from the RSI of the TDI indicator, which exhibits reversal divergence between waves 3 and 5, a textbook characteristic of an impulse wave. One of the unwritten rules of the Elliott Wave Principle is: “What starts in 5’s, ends in 5’s”, meaning a 5-wave sequence can either initiate or conclude a wave. In Shiba Inu’s case, this 5-wave structure represents the beginning of wave (1), which suggests that an additional 5-wave sequence will unfold for the higher degree wave (3), thereby satisfying the unwritten rule’s “end in 5’s” condition. However, following the impulse, Shib entered a prolonged and ongoing three-year corrective phase for the higher degree wave (2). Following the completion of the 5-wave impulse, price undergoes a corrective retracement, forming a lower degree W wave. Applying a fib time zone measurement from the start to the end of the W wave, wave X aligns with the 2 in time, indicating equal duration between waves W and X. Furthermore, utilizing the trend based fib time measurement from the beginning of W to its completion, and then extending to X, price converges at the 0.536 in time, marking the completion of both the Y wave and the higher degree (W) wave. Price then ascends in a lower degree WXY between the dates of June 5th, 2023 and March 4th, 2024. Applying a fib retracement from the beginning to the end of the higher degree (W) wave, we observe that price retraces just short of the 0.5 retracement level. Additionally, utilizing the fib time zone measurement from the start to the end of the (W) wave, price aligns with the 1.466 in time, marking the formation of the higher degree (X) wave. Concurrently, the RSI of the TDI indicator has surpassed the Bollinger Bands, reaching 88, indicating an overbought condition and suggesting that a downward pivot for the initiation of wave (Y) is imminent. Following the confluence of overbought conditions in the TDI indicator and the fib retracement level, price undergoes a capitulation, forming another lower degree W wave. Applying a fib retracement from the beginning to the end of the W wave, price retraces to the .618 level on December 2nd, 2024. Additionally, utilizing the trend based fib time measurement from the beginning to the end of the W wave, price comes into the 1.786 in time, marking the formation of the lower degree X wave. The RSI of the TDI indicator once again surpasses the Bollinger Bands, reaching 70. The confluence of overbought conditions of the TDI and fib retracement level suggest an imminent pivot to the downside, indicating the onset of the lower degree wave Y within the (Y) wave. To measure the retracement for the higher degree wave (2), a fib retracement is applied from the start to the end of the higher degree wave (1). Currently, price has undergone another capitulation but has found support at the .786 retracement level. BOTTOM PRICE PREDICTION By applying a fib extension measurement from the start of the lower degree W wave to its completion, then extending it to the lower degree X wave, the projected target for the lower degree Y wave aligns with the blue .618 extension level, approximately 0.000011910. Given that Shiba Inu tends to respect the .618 extension, my limit orders will be set at this level; however, price could extend further downward to the .886 retracement level, indicating a potential 15% decline to approximately 0.000010079. Regardless of which level price ultimately respects, this would complete the higher degree (Y) wave and concurrently the higher degree wave (2). Following this, price is expected to pivot upwards, initiating a 5-wave sequence for the higher degree wave (3), thereby satisfying the unwritten rule’s “ends in 5’s” condition. TIME PREDICTION By applying a trend based fib time measurement from the start to the completion of the higher degree (W) wave, and then extending it to the higher degree (X) wave, the .618 time projection for the higher degree (Y) wave is set on March 3, 2025. Similarly, applying a trend based fib time measurement from the start to the completion of the lower degree wave W of the (Y) wave, and then extending it to the lower degree wave X of the (Y) wave, the .618 time projection for the lower degree wave Y of the (Y) wave is set for March 10, 2025. The close overlap of these two projections—only one week apart—leads me to focus on the .618 time projections for both the lower and higher degree wave Y. I anticipate that price will terminate around these dates before continuing its upward movement in another 5-wave sequence. As always, time is only a guideline so please take it with a grain of salt. FINAL THOUGHTS Since October 25, 2021, Shiba Inu has been undergoing a WXY double three correction for the higher degree wave (2). After approximately 1,232 days, I anticipate that the meme coin is poised for a substantial rebound, potentially providing significant profits for token holders. As an Elliott Wave analyst, I have observed this exact pattern across the lower timeframes, reinforcing my conviction that the current weekly structure will evolve into another 5-wave sequence. This aligns with the fundamental principle of the unwritten rule: “What starts in 5’s, ends in 5’s”, suggesting that Shiba Inu is on the cusp of a major upward move.
CRYPTO:SHIBUSDLong
by TheTrader1_618
1
SHIB INUTechnical Overview: SHIB/USDT is currently entrenched in a bearish trend, marked by a recent breakdown below a critical support level. This breach suggests weakening bullish conviction, though the possibility of a retest of the broken support (now acting as resistance) remains. Such a retest—if it occurs—could offer a high-probability confirmation of continued downside momentum, particularly if accompanied by bearish volume spikes or rejection candlesticks (e.g., bearish engulfing patterns). The next focal point for traders is the nearest lower support structure, which will determine the pair’s medium-term trajectory. A decisive break below this zone could accelerate selling pressure, targeting deeper support levels. Conversely, a strong rebound here—paired with bullish divergence in momentum oscillators or a surge in buying volume—might signal a trend reversal attempt. Key Considerations for SHIB: Market Sentiment: Meme coins like SHIB are heavily influenced by social media trends, exchange listings, and broader crypto market sentiment (e.g., Bitcoin’s price action). Volatility Management: SHIB’s low liquidity relative to large-cap assets amplifies price swings, necessitating tighter stop-loss placement and smaller position sizing. Risk Management Note: Always define invalidation levels (e.g., a close above the broken support-turned-resistance) and avoid overexposure to speculative assets like SHIB. So:::: How do you interpret SHIB’s breakdown? Is this part of a broader altcoin capitulation phase, or does SHIB’s community-driven narrative still hold sway? For those trading meme coins: Do you prioritize technicals, sentiment analysis, or on-chain data when navigating volatile assets like SHIB? What key levels or catalysts are you watching for SHIB’s next directional move?" Disclaimer: This analysis is strictly my only viewpoint and not financial advice. Cryptocurrencies, particularly meme coins like SHIB, carry extreme risk—trade cautiously and never risk capital you cannot afford to lose.
COINBASE:SHIBUSDShort
by sirkamal
Shib/bone/leash parabola bullish Whales are well in control and is playing ball As you can see a parabola is in play with a breakout any time from now til may. I believe when shib makes a breakout bone and leash will follow. leash could see targets as high as $24k giving it around a 2.6bil cap The media is starting to heat up and im hearing whispers about crypto from the moms and pops. I believe we have 1 more massive push to the upside for xrp and bitcoin and thats were we will see the likes of doge shib dogelonmars and all the other coins have there 2- 3 day massive pumps which you will need to be ready for.
COINBASE:SHIBUSD
by hazzac01
SHIB/USD: Testing Key Support, Weak Momentum🔥 FinCaesar Strategy: 🩸 Short: Below 0.00001780, targeting 0.00001700 and 0.00001650. MACD remains weak, and the price is struggling below key moving averages, indicating further downside risk. 🩸 Long: Above 0.00001850, aiming for 0.00002000. Bulls must generate strong buying volume to regain control. 🔥 FinCaesar Commands: 🩸 Resistance: 0.00001850 — A breakout above this level could push SHIB toward 0.00002000 and higher. 🩸 Support: 0.00001780 — Losing this level may result in a drop toward 0.00001700 or lower. Shiba Inu is trading in a bearish range, with MACD signaling continued weakness. Bulls need to reclaim 0.00001850 for a potential reversal, while failure to hold 0.00001780 could accelerate further declines. 👑 "Only those who act before the storm can control its direction." — FinCaesar
CRYPTO:SHIBUSD
by FinCaesar
Shiba Inu / USD Cryptocurrency | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Shiba Inu / USD Cryptocurrency - Double Formation * (Zero Trade)) | Completed Survey | Subdivision 1 * ABCDE Triangle Entry | Subdivision 2 - Triple Formation * (Reversal Argument)) | Retracement Area * Pattern Confirmation | Long Set up | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:SHIBUSDShort
by TradePolitics
SHIBA INU Cup & Handle could signal potential 300% plus gains!Shiba Inu has left holders very disappointed after the 'Trump Pump' seemingly left it behind, as other, more sought-after altcoins made life-changing gains. However, it does appear that Shiba may still have a few tricks up its sleeve. If this pattern holds true, we could see Shiba make gains upwards of 300% over the next 2 to 6 months. Watch the fair value gap area for potential buy orders, as this area held up nicely in the past. Good luck, and always use a stop-loss!
COINBASE:SHIBUSDLong
by MetaShackle
SHIB - Post Inauguration Chart Shib is looking incredible on the daily timeframe and here's why. Fits note the blue MA. This is the 200 moving average on the daily and has acted as a critical level for support/resistance flips (red and green arrows). Currently price has been holding above which should signal continuation. The second thing is notice the doji. Doji's typically signal reversals and so far we are seeing that happen. We also see this reversal is getting us back above the 0.618 of our current trend. Most of the other candle bodies on the daily have held this level so getting back above will be a key indicator of strength. Also, we have created a bullish divergence on the daily timeframe over the past weeks. This is shown by continued lower lows in price action but our strength index has continue to print higher highs.
COINBASE:SHIBUSD
by VIAQUANT