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ShareRing / Tether

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SHRUSDT trade ideas

SHR - 0.2735SHR is currently trading above the support zone of $0.0857 which is a weak support. It has successfully flipped the resistance at $0.0726 to support. $0.0726 and $0.0857 are good areas to place long bids. As long as SHR is above $0.0726, we could start seeing a move towards $0.1069, $0.1162, $0.1624, $0.2180 and $0.2735. Failure to hold the support at $0.0726 could lead to a drop towards $0.0550. SHR is currently trading at $0.0940 with a market cap of $229,154,161. Its 24 hour trading volume was $3,376,523.
Long
by cryptomathemagician
3
SHR setting up for a massive bullrun (800%+ potential) Recently we've seen SHR retest (and briefly break) its previous all time high in dollars. I consider this to be the first test. If it manages to strongly push through that all time high then it will be in full on price discovery mode and the sky will be the limit. Aiming for around $0.20 - 0.25 as a local top in this case. Keep in mind that this is the ultimate bullish scenario and possibly not the most probable one. The bounce from the bottom came as Launchpool announced its staking program, allowing SHR holders to stake their coins for a massive (currently over 200%) APY paid out in LPOOL tokens. This staking program will continue for another 70 days from today, and I think that as long as this is the case, people should be FOMOing into SHR as it is still only 2x from the bottom and it has such a tiny marketcap. The real marketcap is much lower than the one reported on CMC, as the real circulating supply is actually estimated to be around 400m - 600m, giving SHR a tiny marketcap of only ~$20m. As far as entry points go, anywhere between $0.035 and $0.04 (the current range) is a good buy.
Long
by jariii
2
$SHRUSDT looking to break 2.1c area then off we go to 3.1c $BTC $SHRUSDT looking to break 2.1c area then off we go to 3.1c $BTC Solid Business Market Cap $41,095,419 USD circulating supply of 2,297,400,730 SHR coins and the max. ShareRing aims to make sharing and renting services quicker and simpler for everyone by creating an accessible and sustainable global ecosystem for the sharing and renting economies. It aims to become the world’s trusted marketplace for the sharing community. ShareRing has reportedly developed a number of blockchain supported modules such as bookings management, self-sovereign identity, reviews, dispute resolution, reward system, and a stable coin that facilitates low FX payments in fiat and a number of cryptocurrencies. ShareRing is targeting is the Travel Industry, with plans to launch a travel app to allow for hotel bookings, flight bookings, activity bookings, and eVOA applications. These are supported by the ShareLedger blockchain and the ShareToken utility token.
Long
by Abbas39
4
SHR Left For Dead?My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ----------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: SHR seems to have formed a base @$0.18, and should look to push up to the upside to make higher highs. For sure a solid short term hold
Long
by AB_Trading-Intelligence
1
SHR: Great Entry @ These LevelsMy Fellow Crypto Traders, Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------ ANALYSIS: (Update) After SHR hit a good swing to the upside, it hit a new ATH of $0.0528 (previous ATH per CoinGecko $0.05190, 08/ 01 /20). Hitting those ATH levels, SHR took nearly a 50% correction. However, SHR has formed a base around the $0.025 level and should make strides back up towards ATH's. Therefore, SHR may dip below the POC @ $0.026, where buyers will find SHR at a good value in which SHR will be on the path to higher highs and higher lows.
by AB_Trading-Intelligence
1
SHR - Fib channel tested and heldFib channel tested and held, resistance now acting as support. Channel not fully confirmed but price action acting as expected with the wick up to 0.05 cents on news. Methodical accumulation now occuring as volume increases on all new exchanges and Uniswap DEX. Expecting 0.05 cents within 4 days. Would also expect heavy supply in the upper fib channel lane. Over exuberance gets punished. BTC price action may have dampened today's enthusiasm but expect interest to return as news gets out and crypto YT reports. Future looks bright. Continue to hold long and will add at the 0.03 support level or within lower fib channel.
by ThatBitterGuy
Ellio Trades: Low Cap GEM SHR (ShareRing)My Fellow Crypto Traders, Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ---------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: RSI overbought, therefore a correction is playing out currently. However, the correction/consolidation shall be relatively short, due to BitBoy's further announcement about SHR . Plus the new listings have allowed SHR to pump nicely. Therefore, SHR should be a nice hold w/ staking possibly in the future for SHR holders.
Long
by AB_Trading-Intelligence
SHR - Breakout confirmed. Adding to long hereHealthy doji on the 4H chart for SHR. Expect another leg up as supply looks to have dried up at this price. No FOMO occuring just yet as those in the know accumulate. Looking for Target #1 - 0.05 cents to be achieved in 4 days Looking for Target #2 - 0.10 cents to be achieved in 10 days Big news is anticipated over next 24 hours, I'm expecting resistance at 0.043 cents. Many still in disbelief on SHR potential. Long term target 20x possible by end of Q1 2021.
Long
by ThatBitterGuy
2