SHIB is in the weekly breakout range. SHIB is in the weekly breakout range. If we close this week above the trendline, we will likely see a significant breakout.
SHIBUST trade ideas
Shiba Inu's Next Targets After ATH (the 60% move was the START!)So after barreling thru with a 60% rally TODAY, we can clearly see Shiba Inu is going to hit all time highs imminently, here's what could follow after ATH...
a 300 - 1600% rally from current pricing will send us to the levels indicated above, these levels are based on fib retracements
SHIB/USDTLong way to go!
- Solana-Based Memecoin Explodes 70% in Two Days Amid Robinhood Europe Adding Support for the Altcoin
- Memecoin battle: Are whales ditching PEPE for SHIB?
- When will it reach $1?
SHIBA INU NEW INCREASE VOLUMEThank you for reading this update.
SHIB seems to have a new increase in volume trend which could confirm with the coming time frame.
We will check if SHIB can have new confirmations soon.
We know SHIBA From Whale increases.
Shiba seems interesting at this moment.
SHIB - Ready to breakout- Trend continuation tradeShib is in a massive uptrend. We are now ready to break out above the resistance. Following the same pattern as a number of other Alt coins that have already pumped massively. This is a trend continuation trade, playing breakout above resistance.
Stop limits set for breakout above 0.0000147 resistance. Lots of volume and hype today.
Stops below previous support.
Shib Signals Green: Buy Now, Thank Me Later!"## Shiba Inu Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Shiba Inu (SHIB):** A meme coin inspired by the popular dog breed.
* **Launched:** August 2020.
* **Market Cap:** ~$6.3 billion (as of Feb 23, 2024).
* **Rank:** #13 on CoinGecko.
* **Unique Features:**
* Large and passionate community.
* Listed on several major cryptocurrency exchanges.
* Integration with various decentralized applications (dApps).
**Recent News:**
* **Feb 20, 2024:** Shiba Inu announces partnership with Bugatti Group to explore co-branding opportunities.
* **Feb 14, 2024:** SHIB listed on Robinhood, a major US stock trading platform.
* **Feb 8, 2024:** Shiba Inu announces plans to launch its own Layer 2 scaling solution called Shibarium.
* **Jan 31, 2024:** SHIB price surges after major whale buys billions of tokens.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* SHIB price has been highly volatile since its launch, driven largely by speculation and community sentiment.
* The recent news items highlight growing interest and potential use cases for SHIB.
* It's essential to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
SHIBUSDT is BullishSHIB has given a good breakout from the accumulation phase and is currently printing higher highs and higher lows. The trend is likely to continue as bulls seem to be in complete control of the price action. Targets are mentioned on the chart.
SHIB - About to go PARABOLIC ?🙀📉Hi Traders, Investors and Speculators of Charts📈
From the technical indicator in the weekly timeframe, we can clearly see how the price behaves when it is above the green trendline - parabolic.
This means that if SHIBA can continue to close daily candies and the weekly candle ABOVE this trendline, the next likely price action is parabolic increases.
The first three zones to watch will be :
It's possible to expect corrections alongside the diagonal support line of higher lows.
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COINBASE:SHIBUSD BINANCE:SHIBUSDT
SHIBA: Still Waiting For Bulls To Join The PartySHIBA: Still Waiting For Bulls To Join The Party
After the price broke out of the pattern SHIBA only managed to test the small target.
It is likely to test the previous support area (in blue) before the price moves even higher.
Given that SHIBA has reacted several times in the past near the same area, this is increasing the chances of a larger bullish wave.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
$SHIB could this be the start of another run?Thesis is there has been some consolidation following the break in TL.
Currently indicating bullish tendencies. Could be the start of another run?
dyo
SHIBA, make a come backSHIBA breakout above 105, Resistance turned support , next resistance for SHIBA at 165.
MACD bullish .
DYODD.
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: DailyAnalysis Hello friends. I exprect shibusdt 12867 and will be corrction to reach the 7077 and so going up to 33363
Shiba Inu huge upside move soon....Shiba inu has broken Descending Channel and moving upside making higher low trend has been changed we can see some upside movement in coming months
SHIB, yes it's a meme coin, but so is/Doge right? Fool me once, shame on you, fool me twice, shame on me
This has the exact same history, and IMO, same trajectory as Doge. Maybe it doesn't have Elon pumping it as his love coin which can never hurt, but assuming a new bull run is here, and especially if the rumors about Grayscale ETF are true...Or imagine payment for X or the telegram or whatever the app is! Boom! Rich dad poor dad is no Elon, but he's something right?
Last run, SHIB already had a very similar pattern (in percentage) to Doge. In fact, they both had about a 1000% initial bull run pump. Doge's second was 8000+ percent (give or take some depending on exchanges and when you bought).
Thus, current price multiplied by 8000% percent = I get to buy a boat. I mean invest in my kid's future.
Sometimes we (meaning mostly myself) have a tendency to make trading too complicated when it shouldn't be. History repeats itself, so why not this time? Especially with a "rival" meme coin that has nearly identical trading patterns and various other news, circumstances, patterns, etc.
Frankly, I learned much during and after the last bull run. Particularly that there is very little downside to risking a little cash on something with this much hype that is still this cheap.
I made about 9K on Doge last bull run (bought at .0015 or something) and sold around 3.5 cents. Mostly sold then too because robinhood froze me out and I freaked out and sold since I needed the cash. Don't get me started...Anyway, had I kept it for another 4-5 months = $1.7 milly.
Not angry, not happy obviously, but not angry. Lots of lessons learned and I was a very young trader that was just excited to make 9K and pay some bills off. 9K off a meme coin, who would've guessed? Well this time, I be guessing and not again. Time to moon MFers
PS: Doge going to 3$ plus too. Maybe 5-8$ if X adopts it.
Do your own research, not financial advise. Etc. yadayadayada
The bears are a tasty snack for the bulls to eat!It seems there are no bearish signals left for SHIBA to hinder a potential upward trend at this juncture. Taking a risk, I've decided to invest in 200 million SHIBA COINS. The sky appears to be the limit; once it surpasses certain minor resistance levels, SHIBA could soar to unprecedented heights. I'm intrigued to see how this unfolds in a year from now.
Shibusdt 1D (Lovely shy shitcoin waiting for a tweet☺️)Hello friends, I hope you are doing well. You can see the Shib currency chart in the time frame of one day, it is in a long-term downward channel, which must be moved upwards as soon as possible to change the trend, because it has left the growth of the market during this period.
Shiba Inu Will Grow After One Final Drop... See Here!Shiba Inu will grow in 2024.
Shiba Inu is likely to grow in 2025 as well but the chart/market is asking for one final drop; the end of the correction, before massive growth can take place.
This is ok.
This is fine.
This is normal... The market moves in waves.
We have a Head & Shoulders pattern and red candles after a lower high; all pointing down.
Maybe 1-2 months max and then strong growth.
There is the possibility of a new accumulation phase at support before the next jump.
I will be here for updates.
Thanks for your continued support.
Namaste.
SHIB (Shiba Inu) Technical Analysis & Trade Idea (video)Further to my previous post I thought I would do a video to explain my thought process behind the trade idea.
SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high.
Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
SHIB (Shiba Inu) Technical Analysis & Short Trade SetupSHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high.
Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
SHIBUSDT.1DBased on the market data provided, the SHIB/USDT pair is currently trading at 97.0. The Relative Strength Index (RSI) over a 4-hour, 1-day, and 7-day period are 58.81, 60.11, and 55.90 respectively. These figures suggest that the pair is neither overbought nor oversold in the short, medium, and long-term.
The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day periods are 2.0, 12.0, and 23.0 respectively. This indicates a bullish trend in the short, medium, and long-term as the MACD is above zero.
The Bollinger Bands for the 4-hour, 1-day, and 7-day periods are 10.0, 100.0, and 1108.0 respectively. This suggests that there is a significant level of volatility in the market, especially in the long-term.
The support levels for the 4-hour, 1-day, and 7-day periods are 94.0, 93.0, and 89.0 (Support1), 90.0, 87.0, and 79.0 (Support2), and 87.0, 84.0, and 75.0 (Support3) respectively. This suggests that there is strong buying pressure at these levels.
The resistance levels for the 4-hour, 1-day, and 7-day periods are 10.0, 1051.0, and 111.0 (Resistance1), 1051.0, 111.0, and 1194.0 (Resistance2), and 111.0, 1126.0, and 1260.0 (Resistance3) respectively. This indicates that there is strong selling pressure at these levels.
Considering the above analysis, the SHIB/USDT pair is in a bullish trend across all time frames. However, it's also important to note the high volatility and strong resistance levels, which could lead to significant price fluctuations. Please note that cryptocurrency investments carry a high level of risk and you should only invest what you can afford to lose.
Shib USDT Long Trade.#SHIB
Shiba Inu moving within a triangle pattern inside a descending channel💁♂️
We have a chance to revisit all-time highs from 2021 after a breakout from descending resistance📈
$SHIB #ShibaInu Trading IdeaSHIB ShibaInu formed an interesting setup for us. On a higher timeframe, we can see a descending channel with a triangle pattern with a probability of a breakout to the upside. The distance to the next massive supply (rejection) zone is 107% and the distance to the ATH levels of 2021 is 801%. Enjoy your Sunday fam & DYOR!
