SHIB/USDT potential shift? 👀 🚀 SHIBA Today analysis💎 Paradises, set your sights on SHIBUSDT as it showcases robust momentum above the ema200, hinting at a heightened likelihood of a bullish trajectory.
💎 Recently, SHIBUSDT has broken out of its descending channel and simultaneously surpassed the ema200. The intriguing part is, if the price sustains its strong momentum above the ema200, there's a significant probability it will address and potentially mitigate the bearish OB and supply zone at .999.
💎 Should it break above this level; another scenario emerges where it might aim for the next resistance level.
💎 Conversely, if the price doesn't maintain its momentum, it may seek a bullish resurgence from the .700 level. However, a breach of this support could usher in downward tendencies.
SHIBUSDT
SHIB/USDT Nest possible move? 👀 Shiba Today Analysis💎 Paradisers, turn your attention to SHIBUSDT as it navigates within a demand zone, signaling potential upcoming developments.
💎 For a considerable duration, SHIBAINU has been tracing a descending channel pattern, with the upper boundary consistently acting as a formidable resistance.
💎Currently positioned within the demand zone, our analysis leans towards the possibility of the asset challenging the aforementioned resistance once again in the near term.
💎 However, given the prevailing market uncertainties, should SHIB breach the demand zone, be prepared for a potential bearish descent.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
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.
Like and follow for more content like this!
📈Rest in peace Shiba Inu📉BINANCE:SHIBUSDT
COINBASE:SHIBUSD
Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level
I personally liked this dog very much
In the next few days, SHIBUSDT is expected to stabilize between the yellow areas.
If the price breaks below the mentioned areas, the price will drop to the level of 0.0000065 (probably price receive support here) and then 0.0000059.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
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/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East.
SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221.
Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690.
The relative strength index (RSI) also dropped below a support point at the 37.00 mark.
price strength is tracking at 34.90, and appears to be moving towards the 30.00 region.
Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDER !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) also edged lower today, as prices approached a key support point.
Following a high at 0.000007479, SHIB/USD declined to a bottom at 0.000007258 earlier in today’s session.
As a result of this surge, the world’s second-largest meme coin closed in on a price floor at the 0.00000710 level
SHIB has not hit this point yet, the RSI has collided with a floor of its own at the 43.00 mark.
the index is tracking marginally below this point at 42.88, however, should this downward trend continue, SHIB will almost certainly hit 0.00000710 in the coming days.
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/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 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!
Why is Shib not moving🤔but the market shows signs of growth?Hola shib fans - Here today to answer a question from a follower, that question is:
"What the he!! is going on with shib are we crash are we getting ready for a pump to the moon help I would like to know should I buy or not"
Answer: Simply put we are in danger of heading to another perhaps hard crash in the coming days - currently we are consolidating prepping for what looks to be a pump to the 900 - 1000 giving shib it's first ever green september. However; it could be in fact a possible dump in the process of falling to the lower 650's.
Reason: Well simply put - don't rely on the shib chart for answers to this question, sadly we need to view 3 different cryptos to know for certain, the main culprit is in fact BTC - but it is slowly trying to recover on the 4 hour chart but the day chart is likely moving to high to fast, and eventually will meet a unwelcome retreat back to the 25k or less, and in the process taking Shib inu with it.
reason for it is:
The Bitcoin network is experiencing the longest period of block fullness in history, data shows that there are currently more than 461,000 pending transactions, which means continued congestion on the Bitcoin network will further affect the confirmation of low-value transactions - this explains the current downtrend we've been experiencing even though BTC been getting a lot falling in its favor and still crash - So basically back orders finally build up like a blood clot - so no telling how many orders were sells or buys till it drops down to half that amount.
And if you notice Shib has done this 8 times in the past 2 months before.
It would look as tho it was progressing with high potential to break the barrier that keeping shib and other cryptos from rising. Only to slowly burn away without notice that it's burning. Like Methanol as an invisible fire you can't see it but it's happening.
So the question is, is there a bull run on the horizon or are we still in bear country.
Currently I can not give a full answer, some charts including Bitcoin are showing signs of wanting to break away from the lower levels, however, things are not as they seem as they are also showing signs of much lost of support in areas where support would be the needed currently to prevent further crashing to the Shib - 400 range. It's a possibility we may get the support but the real question is when?
Should you Wait - Buy - Sell - Hold - at this point and time I would say buy but for a short sell or hold if you have sustained loses already, Shib maybe doing a slow burn so there will be gains to be made, but regardless you are at the lower 700's which is basically a safe zone for shib it may go lower but it always seem to return to the 700 mark if it does crash - which in my opinion is likely to happen soon.
So make the best of it and buy more if it does indeed crash.
But for now I will list my findings and show what paths we may be taking in the next few days to weeks.
Be sure to Like follow and sub for more content like this.
BITSTAMP:BTCUSD
BINANCE:BTCUSDT
BITSTAMP:ETHUSD
BINANCE:ETHUSDT
COINBASE:SHIBUSD
BINANCE:SHIBUSDT
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak.
After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day.
The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process.
it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling.
The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09.
Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710.
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 → another downward movementhello guys...
as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down!
now I believe this coin wanna start another downward movement until the 0.61 fibo level at least!
_____________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
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
SHIB/USDT planning bullish ride? 👀 🚀 Shiba Inu Today AnalysisParadisers, pay attention! Let's delve into the enigmatic rise of SHIBUSDT, currently situated in a demand zone and primed for a potential bullish surge👀
💎 We've recently noticed that it hit a specific resistance level at 0.00000856 and faced rejection from an overhead supply area. Interestingly, it's once again approaching this same resistance level.
💎 Given the presence of an unaddressed supply zone, it's highly likely that the price will break through this resistance and reach higher OB levels soon.
💎 However, keep an eye on the invalidation zone; if the price dips below 0.00000635, consider a short entry to capitalize on the downward movement.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
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.
__________________________
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.
__________________________
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: Support BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115 and looked like it entered a new Uptrend. However, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.0000080, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
SHIB: Approaching SupportShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Now, price is retesting that breakout level. Pullback to $0.000008 could be an attractive swing entry, with upside potential back to $0.000010.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish but inflecting . MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.