This has to be the most detailed chart I have done. I’m just sharing the chart in hopes someone finds some value in it.
Hi Guys! Before starting the analysis, I want to say two things First of all , because I am not a premium user, I have to analyze in higher time frames , which of course has a lower percentage of errors , but it is more difficult to understand! Second , I personally am not interested in meme coins and I don't think they are very predictable based on the...
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Current Situation: Shiba Inu has entered an accumulation zone, indicating a period of consolidation where buyers and sellers are reaching an equilibrium. Despite facing resistance just above this zone, Shiba has managed to regain some of its strength. The price is currently hovering around its 10-day moving average, a key technical indicator. Potential...
Based on the provided market data, SHIB is currently trading at 2192 USDT. The Relative Strength Index (RSI) is an indicator that measures the speed and change of price movements. An RSI above 70 typically indicates that the asset may be overbought, suggesting a bearish price movement in the future. The RSI for SHIB is 76.99 for 4 hours, 100.04 for 1 day, and...
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If you haven`t bought the dip on SHIB Shiba Inu: Now, at an RSI exceeding 96, it seems we are currently in a massive bubble. The previous corrections following an RSI surpassing 80 were significant, as you can see in the chart! Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00001400, corresponding to the 0.618 level!
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SHIBUSDT technical analysis update SHIB price has been consolidating for 650 days. Once the price breaks its trend resistance line, we can expect a 100%-200% move. Regards Hexa
#SHIB The price has been moving in a very orderly manner since the beginning of the year. Inside a strong bearish channel, the price has always respected Trends. Recently the Moving Average 100 was broken. We are about to break the downtrend. Current price is 0.00000860. First goal: 0.00001160 Second goal 0.00001492 This represents 300% of the current...
Hello dear traders! Your support means the world, so smash that like button to keep the motivation flowing! 💙💛 BINANCE:SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773. Now, about the Falling Wedge: it's a...