SHIBUSDT
SHIBA's correction will continueAccording to the structure of the waves, it seems that the SHIBA correction will continue.
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SHIB ANALYSIS🚀#SHIB Analysis : Breakout and Retest
🔮#SHIB has broken out of a symmetrical triangle pattern in 6-hour timeframe
The breakout of the symmetrical triangle pattern suggests a potential bullish move📈
Expect a bullish wave of around 40% in the coming weeks🐳
🔰Current Price: $0.00002771
🎯 Target Price: $0.00004388
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Cryptocurrency #TechnicalAnalysis #DYOR
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it!
Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:SHIBUSDT
#SHIB/USDT#SHIB
The price is moving in a downtrend on a 12-hour frame, within which the price is moving
We have a major support area at Saad 0.00002450
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to bounce back
Entry price is 0.00002600
The first goal is 0.00003000
The second goal is 0.00003400
The third goal is 0.00003760
Shib/usdt Plan The SHIB/USDT pair has recently experienced a perfect breakout of a triangle pattern, which has already been confirmed. The retest following the breakout is nearly complete, indicating a potential bullish move in the short term. It is advisable to keep a close watch on this development. Please note that this information is not financial advice; it is essential to conduct your own research (DYOR) before making any investment decisions."
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside.
The price has already risen to $0.00002864 , which I view as a breakout sign.
Resistance Levels to Monitor
- The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains.
- The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development.
- Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 .
Crypto Impact
The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter.
In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
Will Shiba Inu coin break or bounce?The price of Shiba Inu (SHIBUSD) is currently hovering around $0.000028 , a critical support level. If the price can hold above this level, it could see a move towards $0.0000310 to $0.0000320 .
However, if the price breaks below $0.000028, it could pull back to $0.0000260 or even $0.0000230 .
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
$SHIB no longer have excuses for its failureLet's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said on her tweet in 20/03 to expect a new ATH around the halving and mentioned buying the dip , let's see that the buyers on this week are on 0,00002750 (here's our support zone, and the area where significant purchases happened and will happening in the first days of this week).
I believe this week will be crucial to understand if the SHIB team is still bluffing, given the performances of PEPE, BONK, and surely soon BOME, it will no longer have excuses for its failure.
I want to remain LONG and hope that with the breakout of last week's high, SHIB finally returns to its ATH and creates a new one on 0,00013 (FIB 1,618 next level).
SHIBA-USDT | 15M | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #SHIB. We are just waiting for a perfect breakout. If #SHIB breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $0.00003020
⏳ Target Price: $0.00004454
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB. 🚀💸
#SHIB #Cryptocurrency #DYOR
SHIB's Bullish BreakoutRecent market analysis of SHIB indicates a bullish sentiment as the pair experiences an upward trajectory. The price action has shown a positive change, complemented by significant trading volume, pointing towards sustained interest and potential for further gains. The Bollinger Bands suggest a close watch, as the price approaches the upper band, typically a sign of overbought conditions. However, the confirmation of trend direction should be sought with additional indicators.
The MACD supports the bullish outlook, with the histogram above zero and the MACD line crossing above the signal line, indicating increasing bullish momentum. Additionally, the RSI sits below the overbought threshold, currently leaving room for further upward movement without being overextended.
A recent breakout above a key resistance level could signal the continuation of the bullish rally for SHIB, although it's important to seek further confirmation to validate this trend. Moreover, it's crucial to consider the correlation with Bitcoin's price movements, as shifts in the leading cryptocurrency often impact altcoins like SHIB.
Under PressureThe SHIB 4-hour chart indicates that SHIB is in a phase of equilibrium, with the indicators collectively suggesting a market in search of direction. The price is trading just below the simple moving average (SMA), which typically suggests a balance between buyers and sellers, but also signals that the bulls have not yet gained full control to push the price upward with conviction.
The proximity of the price to the upper Bollinger Band, while not touching it, implies that there is some buying pressure, but not enough to break the solid resistance. The volume is quite substantial, which sometimes can precede a significant move, but for now, it hasn't translated into a breakout, which is what traders might be watching for.
The Stochastic Oscillator and the Relative Strength Index (RSI) are both in neutral territory. This alignment shows that while there has been recent buying and selling activity, neither side is dominating, leading to a consolidation pattern on the chart.
Given that the MACD line is at parity with the signal line, as indicated by the histogram at zero, there's no immediate momentum favoring either a bullish or bearish move. This, combined with the RSI and Stochastic Oscillator’s neutral readings, paints a picture of a market that is currently undecided.
Overall, SHIB is in a holding pattern, with the indicators waiting for a catalyst that could define the next clear move. The key levels to watch are the solid resistance above and the strong support below. A break above the resistance could signal a shift to a bullish sentiment, while a drop below the support could usher in bearish momentum. For now, the indicators suggest watchfulness and caution as SHIB navigates this zone of indecision.
SHIB/USDT upward momentum? 🚀SHIBA Today Analysis💎 Paradisers, take note as #SHIBUSDT is on the move. After climbing out of a descending channel, it's currently challenging a key resistance at $0.00002961. Breaking through this level could pave the way for a bullish advance beyond.
💎 In light of market fluctuations, should SHIBAINU face hurdles at this resistance, we may need to rethink our strategy. A bullish recovery from the support at $0.00002803, where the price has previously stabilized, is on our radar.
💎 Falling beneath this crucial support could hint at a shift towards a stronger bearish trend, marked by increased selling. Staying vigilant and adaptable is vital as we navigate the changes in the #SHIBA market.
Shib/Usdt Idea Shib/USDT Technical Analysis:
The Shib/USDT trading pair is currently witnessing a pivotal moment as its price is situated on the cusp of a potential breakout. Specifically, the price of Shib/USDT is attempting to surpass the trendline resistance level on the 4-hour time frame chart. If this breakout successfully materializes, market analysis suggests a potential bullish rally ranging between 30% to 60%.
It is important to note that trading and investment decisions should not solely rely on this analysis, as unexpected market movements can occur. This information is provided for educational purposes only and should not be considered as financial advice. We recommend conducting thorough research and using risk management strategies when making trading decisions.
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰
🌟🚀 As we can see that #SHIB was following Falling Wedge Pattern in 6hr time frame and gave a breakout. Currently #SHIB is trading in a parallel channel. Broken out of parallel channel could lead to a bullish rally📈📈
🔖Current Price --- $0.00002730
🎯Target Price -----$0.00003793
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB . 🚀💸
#SHIB #Cryptocurrency #DYOR