SHIB ANALYSIS🔮 #SHIB Analysis - Breakout 🚀🚀
💲💲 There is a breakout of falling wedge pattern in #SHIB in weekly time frame. $1150 is a crucial resistance level and if #SHIB holds this level then we will see the price range of $1500 in next target. 🚀🚀
💸Current Price -- $0.00001061
📈Target Price -- $0.00001800
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SHIB #Cryptocurrency #Breakout #DYOR
SHIBUSDT
FTT Possible Breakout Soon!!Hello everyone,
Hope you are all doing great!
Here, I'm showing you $FFT/USDT as you can see since the token successful broke the $3.5 resistance we've seen wonders in the price. For now, the chart in 4hrs period is showing an ascending triangle.
The price has been accumulating in this zone, volume has increased a lot as it shows that whales are trying to maintain the price. The possibility for a breakout is almost imminent, hold your bags cause this is gonna be huge! At least, 30% from this point in the next few days.
Since FTX went bankrupt, this past few weeks we've seen an enormous amount of interest in this token since the Reboot notice from the new and former CEO. Also the approval by FTX and Alameda to sell their assets worth of millions to pay its creditors was approved. These are positives steps for what's possibly coming in the FTX world.
If you are new to this token and you wanna be part of this, hold on! The time for an entrance was a few days ago, around $3.5 and $4.0. If a possible correction happens it should be inside the accumulation zone.
When the price breaks the $4.8 resistance and tests it again following the uptrend it might be a good opportunity to dive into the wave :)
This is just my analysis, time will tell if I was right. In the meantime, never seize your learning, let the good energies come to your life, have patience and be smart.
This is not financial advise, DYOR.
Namaste.
SHIB/USDT 1D. Current situation. Triangle. Breakout. Mems pump.SHIBA INU/USDT 1D. Daily chart. Middleterm trend - horizontal channel.
Price is now being in the support zone of this channel. Symmetrical triangle formed.
Price now broke out the resistance of this triangle. Accumulating as for now. Other memes are pumping one after another.
Those coins often pump before market local correction. This one highly connected with doge, as the main memcoin.
This, as the one of the most liquid, will likely pump the last(for example, now LADYS is pumping).
Triangle has been forming for more then 300 days. Now broke out. Price is a bit higher than the previous accumulation zone(2021), after which there was pump.
This idea is mostly for price monitoring and understanding what's happening on the coin.
It's also very important as to count with enormous pump from the bottom(ain't seen on the chart).
SHIB/USDT Anticipating a Bullish Breakthrough? 👀 🚀SHIBA INU
💎Yello Paradisers, let's dive into #SHIBUSDT latest market moves. Currently trading in a demand zone, It is gearing up for a critical test of its supply level. A successful breach could pave the way for a robust bullish movement.
💎 Tracing #SHIBAINU recent path, we've seen it adeptly navigate a descending trendline. It recently broke above this line and, following a retest, continued its bullish trajectory. Now, as CRYPTOCAP:SHIB approaches the supply zone at $1141, a slight pullback might occur before it potentially breaks through, which could lead to tackling a more formidable supply level.
💎 But let's not get ahead of ourselves. In the unpredictable world of crypto, #SHIB traders need to be ready for various possibilities. If CRYPTOCAP:SHIB struggles to surpass the supply zone and loses momentum, pivoting to a recovery plan from the support level of $962 is crucial.
💎 Importantly, a downturn below this support level would signal a need for a strategic overhaul. Such a turn might mean reassessing the bullish outlook and tweaking trading strategies to align with the evolving market scenario. 🌴💰
SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts.
It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.
SGIBUSDSTFrom the historical data on the Chiba currency chart, it is clear that it fell in three waves and then moved sideways for 570 days and formed strong support for the current area, which matches previous support for the 4th Elliott wave. It is possible that the historical decline has ended and we begin a new historical rise with the aim of breaking its historical peak and making a higher peak. And let us walk with him step by step
my regards
SasanSeifi 💁♂ SHIB / USDT DAILY Hey there! In the daily timeframe, as you can see, the price has been accompanied by buying demand from the 0.00000670 range. With the break of the 0.00000733 resistance, it managed to move into the supply zone. Currently, after the growth from the supply zone, it has encountered negative reactions and is trading in the price range of 0.00000770, indicating a range-bound movement.
A potential scenario to consider in the daily timeframe is as follows: If, after the consolidation, the price can break above the significant resistance range of 0.00000800 and consolidate, there's a possibility of further growth towards the specified targets, as shown in the image. The important support ranges are at 0.00000740.
Alternatively, if the price falls below the support range and consolidates, there's a possibility of a price correction to the support zone at 0.00000670. The potential trend is also depicted in the image above.
As always, it's essential to conduct your analysis and consider additional factors before making any trading decisions. Good luck! If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!✌
SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is SHIB Shiba.
I've set a short-term price target for SHIB Shiba at $0.00000700.
Looking forward to read your opinion about it!
SHIB UPDATE (3D TF)Before anything, pay attention to the time frame
What is clear is that SHIBA is inside the big wave B, which is a diametric wave.
The expectation is that wave G will sweep the lower liquidity pool and reach its Fibo support and then enter the big wave C.
The time frame is big, these waves take time.
SHIB Santa - Taking 2 Zeros OutShiba Inu ( SHIB ) is coming to town.
This Christmas, forget about Santa!
Shiba is what we need.
Another :poop: coin that will take away two zeros.
The patterns are clear. Cryptocurrencies are getting ready for a great '23.
For the record, I'm not a fan of SHIB ( SHIBUSD , SHIBUSDT , SHIBBUSD ).
I am only holding a few millions, like every other HODLer out there.
It has no real purpose, unless it's destiny is to go to Mars.
My next Strong Level: 0.000006 .
BUT! You asked, I deliver .. an analysis on Shiba Inu.
SHIB Technical Analysis:
* Elliott Wave A-B-C Pattern
* Bullish Divergence
* 88.6% Fibonacci Retracement
* Ending Diagonal
* Double Bottom
* Demand Zone
That's it.
Merry Christmas my fellow HODLer!
SHIB Burn Rate Plunges 40% Amid Shiba Inu Price SurgeShiba Inu is once again gaining significant traction in the world of cryptocurrencies as its price surged today amid a declining burn rate.
Shiba Inu, an Ethereum-based altcoin, amassed noteworthy attention in the world of cryptocurrencies as it recently witnessed a price jump amid a decrease in the burning of tokens.
Shibburn, a platform offering SHIB burn insights, recently unveiled data showcasing the plunge in the burning of SHIB tokens.
Moreover, Shibarium, a layer two blockchain for Shiba Inu, also witnessed a significant boost in testnet activities, stirring up speculations among crypto market traders and investors.
Shiba Inu Burn Rate Amid Testnet Activity
As of writing, the data offered by Shibburn showcased a 34.89% decrease in Shiba Inu’s burn rate over the past twenty-four hours. Besides, the total number of tokens burnt over the past twenty-four hours totaled 5.94 million. Interestingly, amid the constant burning of SHIB, the burn rate over the past week also experienced a fall of 43.33%. A total of 130.90 million SHIB was burnt over the past seven days.
The Shiba Inu crypto community created a buzz in the world of cryptocurrencies following the massive burning of SHIB tokens over the past few days. In a series of transactions, the Shiba community appears to have burnt a whopping 410.662 trillion SHIB tokens to date. The abovementioned burning of tokens comes forth as a result of the Shiba community building up support for their token.
Despite the Shiba community’s efforts, the SHIB price did not gain much momentum in 23, following which the community initiated burning colossal amounts of tokens.
Furthermore, the Shibarium testnet activity also skyrocketed over the past few days. As per the data revealed by a blockchain explorer, not a single transaction was carried out on the Shibarium testnet in recent weeks. However, since November 9, a whopping 400,000 transactions occurred, gaining attention throughout crypto markets.
Shiba Inu Price Report
At the time of writing, the Shiba Inu price witnessed a surge of 1.27% over the past twenty-four hours, evaluating $0.000008329 today, November 25. However, the token witnessed a marginal fall of 3.28% over the past week.
Furthermore, the twenty-four-hour trading volume witnessed a significant increase of 17.63%, reaching $119.77 million while writing.
The price surge witnessed by SHIB over the past month evaluated 12.25%, lining up with the community’s efforts to jack up the SHIB tokenomics. As the Shiba community continues to burn massive amounts of tokens, the scarcity of the token continues to surge, which might push the token for a better future outlook within broader crypto markets.
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Price has pulled back and is retesting that breakout level. This could be a swing entry opportunity in Uptrend with upside potential to $0.00001 next.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000070. The nearest Resistance Zone is $0.0000100, then $0.0000120, and $0.00001200.
shibusdt → look at the breakouthello guys...
as you can see this coin made a wedge at the end of a sharp movement!
so we should look at the edge of this pattern and each side break out we got a position in the same way of breakout!
_______________________________
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
SHIBUSDTSHIBUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Upside potential to $0.00001 next. (set a price alert).
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.0000070, then $0.0000055. The nearest Resistance Zone is $0.0000080, which it broke, then $0.0000100, and $0.00001200.