#SHIB/USDT#SHIB
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.00001721
Entry price 0.00001742
First target 0.00001812
Second target 0.00001876
Third target 0.00001976
Shibbtc
SHIB Is BullishFrom where we put the green arrow on the chart, it looks like a big bullish triangle is over.
By maintaining the green range, it can move towards the targets.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
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
Shiba Inu | SHIB analysisThe price of Shiba Inu is $0 .0000 116 today with a 24hour trading volume of 355 million dollar. This represents a 3% price increase in the last 24 hours and a 7% price increase in the past 7 days.
Data from the Ethereum blockchain has revealed that the recently launched Koyo token project has moved forward with a major burn of the meme inspired cryptocurrency Shiba Inu , helping its burn rate skyrocket.
According to the data, first spotted by users on Twitter, Koyo burned an astounding 1.49 billion SHIB tokens in a transaction that helped the burn rate of the meme-inspired cryptocurrency surge over 30,000% in the last 24-hour period. this isn’t the first time Koyo has burned a large amount of SHIB, as earlier this year the project moved 1.1 billion tokens to a dead wallet as well. Koyo, which exclusively debuted on the ShibaSwap DEX last month, has aided Shiba Inu in diminishing its vast supply by 8.75 billion SHIB tokens through various transactions directed to “inferno” addresses since its inception. Shytoshi Kusama, SHIB’s lead developer, recently shared his thoughts on the relationship between Shiba Inu’s price and burns in a telegram chat. According to Kusama, the price of Shiba Inu cannot be influenced solely by burns.
In response, the Shiba Inu team has been focused on developing new technologies and utilities to foster SHIB adoption. Kusama believes that only through such efforts can Shiba Inu prices experience the significant increase that everyone desires.a massive SHIB whale has recently expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.notably, data from IntoTheBlock has shown that a significant portion of SHIB tokens are now in the hands of long-term investors, highlighting the growing allure of the token among those with an extended investment outlook.according to the firm’s data, holders who have retained their SHIB tokens for over a year cumulatively possess 687.17 trillion CRYPTOCAP:SHIB , valued at more than $7.20 billion. These long-term investors now command nearly 70% of Shiba Inu’s circulating supply.
Meanwhile cruisers or market participants who have held their Shiba Inu tokens for one to 12 months, account for 232.54 trillion CRYPTOCAP:SHIB , equating to over $2.43 billion in value. This group represents 23.65% of the token’s total supply.
Lastly traders or those who have maintained their SHIB holdings for less than a month, control 63.55 trillion SHIB, which amounts to over HKEX:650 million and constitutes less than 6.5% of the cryptocurrency’s overall supply. Meanwhile the beta test network for Shibarium is named PUPPYNET. As per the blockchain explorer BlockScout, currently (i.e., as of 8:37 a.m. UTC on April 15, the beta version of Shibarium has successfully executed more than 3,234,886 transactions. Data from this PUPPYNET explorer indicates that the number of wallet addresses utilizing Shibarium beta has reached 5,833,825. Presently, the gas fees are 1.01 Gwei, which is virtually cost-free. now lets talk about the price
shib army are ready for 0. 000012 , 0. 000013 and 0. 0000135
SHIB looks bearishFrom where we placed the red arrow on the chart, SHIB has entered correction.
Considering the time of the waves and the price range, the correction seems to be a diametric.
The price is expected to reject downwards from the red range.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
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/USDT#SHIB
The price is moving in a bearish channel on a 4-hour frame and is adhering to it to a large extent
The price rebounded well from the green support area at the support level 0.000022000, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00002350
The first goal is 00.00002570
The second goal is 0.00002700
The third goal is 0.00002900
SHIBA - Buy here, do not miss next pump! (HUGE)Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market structure and map of the uptrend. I suggest waiting for a bullish flag or any bullish pattern, or just simply setting your limit order to buy SHIB lower! I am very bullish on this coin, and the next profit target is 300% away!
What Is SHIBA INU (SHIB)?
SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.
Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.
Since release SHIB now trades on the ecosystem's proprietary DEX, ShibaSwap.
SHIBUSDT#SHIB CRYPTOCAP:SHIB has formed a very promising chart pattern for us. It has broken the resistance of the wedge formation, confirming the bullish momentum. One of the best indicators, TD Sequential, has given a bullish signal after a long time. Successively, it is expected to reach Fibonacci targets at 0.61, 0.78, and 1 levels. Since #dogecoin has already started its uptrend, #shibcoin is likely to follow suit.
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/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 look bearishConsidering the lower L's, it seems that SHIB intends to move towards the specified demand
By maintaining the supply range, it can drop the demand side.
Closing a daily candle above the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
"Let's be realistic with SHIB" - Is 2400% realistic enough ?#SHIB/USDT #Analysis
Description
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+ SHIB is currently looking to breakout from its resistance zone
+ I see a clear bullish divergence with the RSI and price. Overall SHIB is showing a bullish signs
+ For the long term trade, i'm planning to enter a position at the current price.
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VectorAlgo Trade Details
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Entry Price: 0.00001133
Stop Loss: 0.00000767
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Target 1: 0.00001371
Target 2: 0.00001601
Target 3: 0.00001956
Target 4: 0.00002466
Target 5: 0.00002976
Target 6: 0.00003944
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Timeframe:1W
Capital: 1-2% of trading capital
Leverage: 3-7x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SHIB ANALYSIS (4H)SHIBA can move towards the specified targets on the chart by maintaining the green range.
It seems to be in a range and is fluctuating.
Closing a 4-hour candle below the invalidation level will violate the analysis
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
"Shiba Inu Gears Up for Bull Run: Chart Analysis"Shiba Inu: Is the Chart Hinting at a Massive Bull Run?
In the world of cryptocurrencies, few tokens have captured the attention and imagination of traders and investors quite like Shiba Inu. Often dubbed as the "Dogecoin Killer," Shiba Inu has garnered a loyal following and sparked fervent discussions across online forums and social media platforms. As the crypto market continues to evolve, all eyes are on Shiba Inu's chart, which some analysts believe could be signaling the start of a massive bull run.
Understanding Shiba Inu
Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that emerged in August 2020 as an experiment in decentralized community building. Named after the popular Japanese dog breed, Shiba Inu quickly gained traction, riding on the coattails of the Dogecoin phenomenon. With its playful branding and vibrant online community, Shiba Inu has become synonymous with the meme coin movement, drawing comparisons to its canine counterpart, Dogecoin.
The Chart Dynamics
Analyzing the chart dynamics of Shiba Inu provides insights into its potential for a bullish breakout. Over the past year, Shiba Inu has exhibited periods of volatility, punctuated by sharp price movements and sudden spikes in trading volume. These fluctuations have attracted both short-term traders seeking quick gains and long-term investors drawn to the project's potential.
Technical Analysis
From a technical analysis standpoint, several key indicators suggest that Shiba Inu may be gearing up for a significant uptrend. One notable factor is the formation of bullish chart patterns, such as ascending triangles or bullish pennants, which often precede strong upward price movements. Additionally, the presence of higher lows and higher highs on the price chart indicates growing buying pressure and potential accumulation by investors.
Market Sentiment
Market sentiment also plays a crucial role in shaping the trajectory of Shiba Inu's price action. Positive news catalysts, such as listing announcements on major cryptocurrency exchanges or partnerships with established companies, can fuel optimism and trigger buying interest among traders. Moreover, the collective sentiment of the crypto community, as reflected in social media chatter and online forums, can serve as a leading indicator of future price movements.
Potential Catalysts
Several potential catalysts could propel Shiba Inu into a sustained bull run. The anticipated rollout of ShibaSwap, a decentralized exchange platform built on the Shiba Inu ecosystem, has generated excitement among supporters who view it as a game-changer for the project. Additionally, the integration of Shiba Inu as a means of payment by merchants and businesses could broaden its utility and foster adoption.
Risk Factors
Despite the bullish outlook, it's essential to acknowledge the inherent risks associated with investing in cryptocurrencies, including Shiba Inu. The crypto market is notoriously volatile, and prices can fluctuate dramatically in a short period. Regulatory uncertainty, market manipulation, and sudden shifts in investor sentiment are all factors that could impact Shiba Inu's price trajectory.
Conclusion
In conclusion, the chart dynamics of Shiba Inu suggest the potential for a massive bull run in the near future. With its strong community support, innovative ecosystem developments, and positive market sentiment, Shiba Inu is poised to capture the attention of both seasoned traders and newcomers to the crypto space. However, investors should exercise caution and conduct thorough research before making investment decisions, as the crypto market remains inherently unpredictable.
As always, it's essential to stay informed, stay vigilant, and approach investing in cryptocurrencies with a diversified portfolio and a long-term perspective.
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/USDTR 1DAY UPDATE BY CRYPTOSANDERS Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis:- Shiba Inu (SHIB) was another notable gainer on Thursday, as price rose for a second consecutive day.
Following a low of 0.000007429 on Wednesday, SHIB/USD rallied to an intraday high of 0.000008208 earlier today.
today’s gains have sent SHIB to its highest level since August after the price rose by nearly 10% today.
earlier gains have somewhat faded, as a result of the RSI failing to break out of a ceiling at 70.00.
price strength now sits at 69.15, with a floor at 61.00 a likely target should momentum begin to shift.
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 CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day.
Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend.
This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721.
The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760.
it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00.
price strength is at a reading of 46.39, with the next visible point of resistance at 51.00.
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/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/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