Trade ideas
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰
🌟🚀 #SHIB has been declining since mid-december 2023. As we can see that #SHIB is trading between two converging trendline and breakdown the trendline which indicates a bearish move. If #SHIB trade below the trendline then we will see support first 📈📈
🔖Current Price --- $0.00000890
🎯Target Price -----$0.00000774
⁉️ 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 . 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SHIB #Cryptocurrency #DYOR
SHIB SETTING UPI know, I know. Memecoin. But the chart is the chart.
We had a great trade from around 710 all of the way up to the blue circle at 1150. This was based on holding the range lows and targeting the EQ of the range (dashed line). Now we have a descending resistance. I would not even consider this until that descending line is broken, ideally on increasing volume. Nothing to do now except set an alarm on that line and step away.
Shiba Inu(SHIB) Aims for a 25% Surge Post Falling Wedge BreakoutFalling Wedge Breakout: SHIB price action indicates a bullish breakout from a falling wedge pattern, signaling potential growth.
Resistance at 50-Day EMA: The recent upward trend in SHIB price faces a critical test at the 50-day EMA.
Upside Target: A successful breach above the 50-day EMA could catapult SHIB to the $0.000012 level.
Descending Support Rebound: Shiba Inu finds support along the short-term descending trendline, signaling a possible market stabilization.
200-Day EMA Recovery: SHIB has regained its footing above the 200-day EMA, challenging the 50-day EMA to avert a potential death cross.
Bullish Long-Term Outlook: Our Shiba Inu price prediction for 2024 forecasts a promising bull run for the meme coin.
19% Downtrend in Pattern: SHIB’s falling wedge pattern emerged from a 19% decline, setting the stage for a rebound.
Volume Spike on Reversal: An uptick in trading volume aligns with SHIB's price recovery, reinforcing the breakout momentum.
Technical Indicators Favor Bulls: The MACD and signal lines indicate a bullish crossover, bolstering the trend reversal case for SHIB.
Critical Price Movement: If SHIB sustains its breakout and crosses the $0.000010 mark, it could witness a substantial rise.
Downside Risk: Failure to maintain momentum might see SHIB slide to $0.000008360, highlighting the importance of the current breakout.
Market Influence: The overall crypto market recovery is lending strength to Shiba Inu's bullish endeavors.
Shiba Inu(SHIB)Coin has been going through multiple movements where the price has actually reached the 100 and 200 EMAs.
We are seeing here an amazing opportunity for some further downward movement, but what is catching our attention even more is that potential buy zone near the lower support zone!
Swallow Team
SHIBUSDT near supportsAs we can see price is near last major support left which is green Circle on the chart and if this support break to the downside which is possible too then we can expect start of our pump and rise from supports like 0.000005$.
DISCLAIMER: ((trade based on your own decision))
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SHIBA INU Trade IdeaSHIBA INU has faced downward pressure and is evidently in a downtrend as we can see on this 4H time frame. We are exploring the Fibonacci retracement levels of 50-61.8% to pinpoint a potential entry point for a short position. It's important to note that this trade idea is purely speculative and not intended as a trade signal. This information should be viewed strictly for educational purposes and not construed as financial advice.
shibusdton shibusdt the market is heading for our TP clearing the sellside liquidity before taking off
Shiba Inu is Exhibiting a DowntrendIn the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor.
We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
SHIB.USDTThe whole market took a bearish position due to the fall of Bitcoin.
But this point ( 0.008$ ) in Shiba is a good support for the return.
If you didn't sell, buy again.
""" Of course, keep some of your money for $0.0078 """
SHIB ELLIOT WAVE IDEAIn my opinion SHIB is playing a WXY correction for 2nd wave . So SHIB if you hope to buy SHIB for the bull run best range to buy is 0.0000081-0.00000395. DYOR
SHIB Shiba Inu Potential Rally Soon!I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article:
We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now!
With the stock market at an all-time high, I anticipate crypto assets to follow suit.
Elon Musk is likely to implement crypto payments to his new platform, X Payments.
So, yes, exciting times ahead!
My next price target is $0.00001250.
SHIBUSDT -- Shiba Inu is ready for breakout fromShiba is "touching" EMA200 and descending triangle is still in play - probably not for long ;). FIB retracement is close to 0.786. Looks like good entry point for medium to long term
SHIBUSDT QUICK TRADE - SHORT - 15 MIN TFYellow line entry limit order - 0.00000934
Green line take profit - 0.00000921
Red line stop loss - 0.00000942
Wait for a day or two for trade resolution max or even overnight.
DYOR, greettings
SHIBUSDT QUICK TRADE - LONG - 15 MIN TFYellow line entry limit order - 0.00000920
Green line take profit - 0.00000952
Red line stop loss - 0.00000887
Double bottom, wait for a day or two for trade resolution.
DYOR, greettings
SHIB LONG SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
