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SHIBUSDT trade ideas

Shiba Inu to see a 3.5% bounce, here's whyShiba Inu sank to the low at $0.00000673 on Thursday but has seen a small positive reaction. Data from Hyblock showed Liq CVD was massively bearish, meaning a move upward to liquidate bears would cause a lot of pain and allow a lot of liquidity to be captured before the next true move downward. This bounce is what traders can look to an intraday trade on. Entry: $0.00000676 Take-Profit: $0.00000703 (target set on Hyblock liq levels as well as the short-term range that SHIB could have formed) Stop-loss: $0.00000666 (or tighter) R:R- 2.5
Long
by AMBCrypto_TA
SHIB/USDSHIB/USD Weekly EWT Ending Diagonal ? ................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
SHIB Price Analysis: Will Shiba Inu Dodge This Bear Attack?Falling Wedge: SHIB price action is struggling to break out of a falling wedge pattern. Double Bottom: High demand at the support trendline indicates a potential double bottom reversal. Price Target: A breakout could pump SHIB prices to $0.00000851. Current Price: SHIB is trading at $0.000000673 with a sharp intraday reversal. Bearish Pressure: The 50-day EMA acts as a dynamic ceiling, limiting bullish growth. Descending Trendline: A descending trendline formed by lower highs and lower lows completes the falling wedge. RSI Indicator: Bullish divergence in the daily RSI suggests a potential bullish breakout. EMA: The 50-day EMA is on a declining trend, providing resistance. Buyer Interest: Buyers at lower levels are stepping in, increasing demand for SHIB. Positive Cycle: High breakout anticipations support bullish Shiba Inu price predictions. Optimistic Scenario: A breakout could lead SHIB to a resistance level near $0.00000715 and potentially $0.00000851. Pessimistic Scenario: A breakdown below the support line could lead to a descent to $0.0000060.
by Coinpedia-Market-Insight
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
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.
Long
by CryptoSanders9563
2
Will SHIB Hop Above The Bear Trap?Bearish Wedge: SHIB price action is within a bearish wedge pattern. Morning Star: A morning star pattern hints at a potential bullish breakout. Price Target: A breakout could pump SHIB to $0.00000851. Uptober Season: Despite a bearish market, SHIB shows signs of recovery. Current Price: SHIB is trading at $0.000000696. Intraday Growth: SHIB has an intraday growth of 0.58%. Resistance Trendline: SHIB faces constant rejections from the 50-day EMA. Support Baseline: SHIB finds support at the bottom of the wedge. RSI Status: The RSI shows a rounding reversal from the oversold zone. 50-day EMA: This level acts as a dynamic resistance for SHIB. Optimistic Scenario: A bullish breakout could lead to $0.00000851. Pessimistic Scenario: A slide below support could lead to $0.0000060.
Long
by Coinpedia-Market-Insight
Shiba Divergence Signal?DESPITE The market enviroment and ethereum & bitcoin noise being tossed around in the news fundamentally. In a literal and Technical way some of our current established tokens have not done all that bad. It seems that the web-3 adjective that we seemingly moved on to from the defi-buzz has stuck with the market and any affinity shown to alt-coins and Crypto-currency projects has ultimately resulted in the total crypto cap going down significantly. Now that we have gotten a grace period if you will not exactly week but good volume on a good number of pairs it begs the question. Are investors finally taking matters into their own hands and actually seperating the respective coins from the startups/projects and business proficient enviroments which also include other projects that when given the gyst we would assimilate to as tokens for small businesses. Now shiba-inu is a VERY controvertial token such as others head my warning when investing of any kind, justly and fairly posting my opinion. Like i said Bitcoin And Ethereum are all over the headlines. If investors are indeed making this transition nto a new market enviroment, given the correct volume and momentum they could fall for the use case FOMO. On the 4H-WEEKLY It seems like shiba-inu is entering familiar territory as it did last year second quarter beginning before ultimately declining hard. This year we had a very volitale and unpredictable Q2 where we saw Prominent machine learning and ai along with projects who aspired to innovate do really well before their luck ran out and the inclination stopped. Now back to the FOMO & Shiba claim, a divergence on the rsi has appeared on the weekly and 4h. Relating this to our last years second quarter which did really bad for CRYPTOCAP:SHIB we are at a similar rsi level with several deviations and attempts that have led up to no major decline for some holders. Putting it this way if we take a look and want to appreciate the seasonality while remaining strategic we can observe the fud surrounding Bone and Leash's debut on shibarium which had similar media coverings and I took notice of again in Q2 2023 where the volume ultimately went to other projects
by 0oopensourcerxr
2
Will Shiba Inu Crash This Season?Falling Wedge: SHIB forms a falling wedge pattern in the daily chart. Negative Cycle: Ongoing downtrend teases continuation under $0.00000651. Current Price: SHIB is trading at $0.00000683. Psychological Mark: Took a bearish reversal from $0.00001068. RSI Indicator: RSI enters a negative trend, testing the oversold boundary. EMA Resistance: The 50-day EMA acts as a dynamic resistance. Lower Highs: SHIB continues a trend of lower high formations. Crucial Support: Next crucial support level is at $0.00000651. Bullish Bounceback: Possibility of a bullish revival due to upcoming support levels. Market Conditions: Volatile conditions with Bitcoin ETF decision pending. Resistance Trendline: Overhead resistance close to $0.00000715. Deep Correction: A slide below support could lead to $0.0000060.
Long
by Coinpedia-Market-Insight