SHIB/USDSHIB/USD Weekly EWT Ending Diagonal ?
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Shibusd
SHIB/USD - Bears Dominate! Expect lower levelsSHIB failed to hold at $0.0000070 and has since fallen lower.
Hopefully bulls will come around $0.0000065.
Bias is bearish and the momentum indicators and volume both signal sellers have the upper hand right now.
Wait for the price to reach the key support, then re-assess.
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SHIB's Slip or Shift: What's Next?As of October 10, 2023, Shiba Inu (SHIB) is trading at $0.00000688, showcasing a descent from its price range maintained from September 11th to October 9th, where it oscillated between $0.00000712 and $0.00000760. The price took a dip on October 9th, moving out of the previously held range, reflecting a market sentiment shift.
Key Prices:
Current Price (as of Oct 10, 2023): $0.00000688
Recent Price Range: $0.00000712 to $0.00000760 (Sep 11 - Oct 9)
Fibonacci Levels: 0.0 at $0.00000673, 0.5 at $0.00000700, 1.0 at $0.00000729
Analysis:
The recent price action reveals a break from the relatively stable range held over the past month, entering a new territory as of October 9th. The drop aligns with a broader market sentiment that remains cautious, if not bearish. The Fibonacci retracement levels drawn from the recent highs and lows provide a technical perspective, outlining potential support and resistance zones. The 0.5 level at $0.00000700 could act as a psychological barrier, with the 1.0 level at $0.00000729 indicating a stronger resistance, and the 0.0 level at $0.00000673 serving as a crucial support.
Most Probable Scenario:
With the price currently lingering below the 0.5 Fibonacci level, SHIB faces a testing time. A rebound from the current levels, possibly finding support at the 0.0 Fibonacci level, could attract cautious optimism among investors. Conversely, failing to hold above the 0.0 level might extend the bearish sentiment, driving the price further down. The reaction of SHIB's price around these Fibonacci levels, coupled with any upcoming market developments, will likely dictate its short-term trajectory. The historical price range and the recent break from it should be closely monitored by investors to gauge the market's next move.
SHIB/USD - The BULLS are BACK!SHIB momentum is shifting and may soon test the resistance at $0.0000080.
Volume is still low, but that will come if the trend persists.
Bias is bullish on this price action. The RSI is also curving up on 3-Day chart.
A bullish cross on MACD appears imminent if this continues. That should bring volume too and then volatility.
Enjoy!
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day.
After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session.
This happened as traders continued to move the price away from the recent support point at 0.00000710.
it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart.
The relative Strength Index (RSI) must first move above the 44.00 mark.
the index is tracking at 42.14, with SHIB trading at 0.00000754.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video
SHIB hugging the 100ma here on the hourly can be a cooker pressure on price
If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.
DXY is on the edge tho
If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).
DXY can fail
If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.
Keep an eye out for changing data.
SHIB Shiba Inu Price Tgt | Binance vs SEC Lawsuit|Whales DumpingIf you haven`t bought SHIB here, before it went parabolic:
Then you need to know that Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, my price target for SHIB Shiba Inu is $0.00000670.
Looking forward to read your opinion about it!
SHIB/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba’s downtrend has not stopped, and the price continued to make lower highs. For this reason, the price registered a 5.5% loss this week, making this meme coin the worst performer on our list.
The current support is found at $0.0000075, and so far, it held the assault from bears. Nevertheless, sellers could return to take the price lower if the bearish sentiment continues.
SHIB has lost all its gains made in August and could even visit new lows this month.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Could Shib fall to 0.00000100🧂😬Please do not allow this to frighten you into selling, understand the risk and understand this maybe hypothetical so bear with me shib-fans take this with a grain of salt.
Like, laugh, make fun of this prediction, but I just wanted to give everyone a heads up of my findings.
BINANCE:SHIBUSDT
COINBASE:SHIBUSD
BINANCE:SHIBEUR
CRYPTOCAP:SHIB
We maybe in more trouble than we think, we may need to start the recovery process or - see us fall to the range of 0.00000100.
an we have less than 4 days to do it.
This is not a hit piece nore is this me making stuff up I'm being honest about what I saw.
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Here's the thing - earlier this year around January - the website coincodex - before they updated their site - had predicted that Shib inu would fall to the 0.00000120's some time this year.
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Yeah I did the same thing you just did - laughed it off thinking it must be a mistake, but shockingly I'm starting to think they might have been on the money with that prediction.
Same rumors in the markets state that BTC will drop to the 20k this week alone and earlier this year it was believe it might fall to the 10k, and after today I think they might be onto something, so I wouldn't put it pass shib to see 150 or lower we maybe bleeding to that point of entery and here is the chart to prove it.
So two things came to mind - one we are having the same effects as did in 2021 when Shib jumped to 0.00008000 - and at the same time there was a similar crash pattern that took place around that same time, so I took the time to see what I could find on the charts after all these crazy crashes.
and notice the top panel is jet red thats a crashing point nothing can be done unless the day has considerable green closing days, so that is guaranteed to drop down violently if not recovered in the next 3 closing days, there was also another pattern that show the same in fact two patterns for both the top and bottom panel.
An low and behold I found the pattern I was looking for and it's very much worrying, so I copied the path it took and placed in the the same placement of the current crashed we are in, and yeah you do the math.
Hear me out.
If this is true either 2 things will happen, the first is - if we crash any further between the next few days we'll be at 0.00000600 or less, prompting a mass exit moving the market further down for shib - so after about 3 days - an unexpected consolidation and possible additional crashing leading to more exits take center stage, forcing shib falling to the 0.00000400 or 0.00000300 the lowest it's been in 2 years - by the time we reach the 21st it may have crashed to the 0.00000150's based on any crashing actions from the other major markets like Bitcoin, Ethereum or the S&P 500 or other outside interruptions such as the government and more exits from the market, anything can and will happen.
The second thing that could happen, is - it can skyrocket to the 0.00001000 mark or higher preventing the crash all together, it's in fact showing the same pattern as it did when it happened in 2021 so it can happen again.
So this is creating a major crossroad for holders like myself, that have a lot to lose and nothing to gain if they make any choice.
Sell - have the chance of getting it at the 0.00000150 netting them 100 million or more in shares, but running the risk of losing out on a rise up to 0.00008000 at a perfect spot for it.
or
Hold - have a chance to see the rocket up if it comes, but lose the chance to use limited funds on a chance to make more shares if it does drop to the 100's and watch as your money burns.
hard choices to make even harder to read this post I know.
So conclusion
The failure of the market may bring about more interest as Shib either gets closer to the falling numbers of 0.00000100 and we might see a surge afterwards.
As I stated take this with a major grain of Salt it may not happen but the signs are pointing in that direction whether we like it or not, it can always change within the few days but keep my hopes up as a investor myself.
We don't know what might happen in the next 5 days, but don't let this drive your choice to make money shib fans give it a few days if you want to keep your shares you never know, why not add on to what you have.
Happy Trading everyone and good luck.
SHIB ANALYSIS (1D TF)Shiba seems to have created a diametric that is now finishing the F branch.
Branch G can be dwarfed and end up in the red box.
I included the targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Shib-Inu - Are we🙇♂️ Safe or 🙅♂️Sorry - Next 3 daysWe have experienced the August 21st, 2023, crash as I expected to happen, however; things took an interesting turn, as the S&P 500 is showing signs of rebound on the day and 4 hour chart. We maybe expecting a boost in price soon vs a downtrend and the suspected 0.00000100 crash may have been averted - the real question is, are we safe to buy, is it over with.
Answer:
We don't rightfully know, the 4 hour chart on shib is down, however; it is curving up-word and leveling off, it's a likelihood that shib is safe from the crash but for how long is unknown - but for now reap in the recovery and hopeful we all make a return to the 0.00001000, as far as the 3 days depending on the S&P 500 we should be fine.
Buy now if you like - your money your choice.
Will add my findings below and update you as it develops.
Also thank you all for the 100 followers. Much love on that.
SHIBUSDTBINANCE:SHIBUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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SHIB Re-entry Opportunity: Seize the Potential!For those who may have overlooked the prior notifications, an opportunity has resurfaced to engage with SHIB once again.
Recent performance of SHIB has been notably positive, positioning it with the potential for a resurgence to the $0.011386 level.
Consideration for Re-entry: Within the range of $0.009728 to the current market price (CMP).
Assigned Stop Loss: $0.009409.
Projected Target: Aiming for gains between 10% to 15%.
Recommended Leverage: Optimal use of 5x to 10x.
Trade Category: Specifically tailored for futures trading.
Please be advised: I have conducted thorough research and analysis, fully acknowledging the inherent risks associated with leveraged trading. Prior to any investment, I urge you to conduct your own diligent research.
Best regards,
Team Dexter.
Shiba - Bullish setup -$ SHIBUSD ✅Hello Traders,
BINANCE:SHIBUSDT after a long period of consolidation and accumulation is showing bullish signals.
At the moment we have the yellow trend line acting like resistance with high chances to be broken targeting 0.000015-0.0000155 price levels. We need a daily break of this resistance to have a breakout signal.
The Yellow curve is showing the next movement based on my view on this asset.
The best entry is at the resistance test, if holds on 4H timeframe after a breakout and acts like support sure the bullish movement will be very strong.
Shib August 2023 prediction update, Alien🛸Edition.BINANCE:SHIBUSDT
COINBASE:SHIBUSD
BINANCE:SHIBEUR
CRYPTOCAP:SHIB
Hola Shib fans I'm here to give you another rendition of my crazy wild predictions.
Preying I don't break the internet with this update.
Well there is good news and a little somewhat bad news, as we near closing on the day chart as of 8/14/2023.
Shib took a major lost and is at a potential to lose more without support in the coming weeks till August 21.
Note: It is salvageable but hard to do.
Shib still has a capping issue, it's a likelihood that it will fall to the 0.00000950's if support is not available by 8/16/2023, but hopefully that won't be the case, in fact I am counting on it to fall to give it more breathing room to make another big run to the 0.00001500 or more by Aug 21st due to Shibarium gaining support, but shib needs to be at the 0.00001200 by 8/16.
For now It'll need to rise and it may not go no higher which will allow the day chart to lower down well enough to make an additional capping space for shib to move up once more to the 0.00001400 locking shib in at that range and allow it to move higher.
There has been two mistakes made in the day chart back in Jan 2023 of this year.
Shib moved too high too fast an it forced itself to reach the market high day wall - these are based on the limited support or the amount purchased by rallies and whaling activity, without it - shib as no choice but to relieve itself of that pressure. So everytime shib made it to the peak of the daily chart.
Shib would lose a considerable amount of momentum and shib lose the overall support in rushing to the 0.00001800 range, and with the addition of low support or sell-offs - Shib slowly but surely crash back down to the 600 to 540 range of this year.
So sadly we maybe making the same mistake twice in one year.
Shib can never get above the 2000 mark - because Shib is always hitting an invisible wall forcing the crypto to crash back down to the lower 900 range and stealing a zero, like swimming in a frozen lake and you can't break the ice wall above you to breath.
So in conclusion
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I blame 👽Aliens for this , - that's right 👽ALIENS - little green men, who came from crypto space and they wanna keep Shib down, they did it - they took our cows, they took our families, hell they even took our jobs, now they taking away shib success run with a market cap wall, that's where we shib-fans draw the line.
Set your auto-sell date Shib-fans cause this ain't over, not by a long shot!!
All jokes aside we can save this we just have to maintain the up run we have so far.
PSA#1 - Early 🤕(Crashing Warnings) for day and swing traders.This is a head's up to anyone who is a day trader or swing trader and wondering when and if it's going to crash, let me say this now.
Please do me a favor and reframed from asking that cause I can't call it when the 4 hour chart is not at a peak high. This thing will kill your wallet in a day and take away over 30% or more of what you gained, but the best way for me to call it - is when it's at a peak high, no where else.
I get it, you want to turn a profit with a day trade, take my opinion I will be giving a lesson soon on - but don't day trade with crypto, it's to volatile and can rapidly change in mere moments, so day trading crypto in my opinion is a death trap for your money.
Swing trading however; has a better chance of making gains in this scenario.
I try to warn everyone one day ahead of the suspected 4 hour chart and day chart crash, giving you time to save yourself from loses, I'm not always on point but the best I can do is warn you, it is up to you if you want to take the risk of selling.
Once the day reach a peak high - it's coming down, I literally will warn everyone a day before - that drop is coming and there is hardly anything outside a whale or rally can do to stop it.
This thing creates panic selling issues which adds on to the problem and makes it drop even worse. But once it starts to recover those that sold either get back in before it grows to fast gaining more shares in return, or miss out and be stuck with a lost.
An even calling that can be hard to do when this 4 hour chart is rapidly crashing and a stopping point is just as hard to determine, you can over shoot the target for a rebuy or under shoot and take on loses with everyone else.
So remember when the Day is announced as having a peak high and I see red on the 4 hour chart peak - be ready to sell and don't buy back in for at least 1 full trading day or even 2 - it'll be none stop crashing even with support.
Anywho
Happy Trading everyone.
SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction:
The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so.
The Coinbase Transfer and Its Impact:
In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer.
The Concerned Tone:
As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations.
Call-to-Action: Taking Profit from SHIB
Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential.
If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy.
Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns.
Conclusion:
The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
SHIBUSDT, in a good opportunity for next bullrunHello guys, Everything is explained on the chart for you like always. Shiba in a good opportunity for the next upward of the market. So you can consider it and monitor the price's actions in the circles to enter or increase your Shiba tokens.
Good luck.
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