SHIB/USDT - BUY OPPORTUNITYA great opportunity for a long term equity growth off this popular meme coin from this buy area; it presents a low risk / high reward as its almost bottomed and has been fluctuating at this price range, accumulation phase, before the bulls take over.
Disclaimer: Trade at your own risk! Crypto is highly volatile and you can lose all your investments without any returns!!!
SHIBUSDT.PS trade ideas
Shiba Inu Shib price is preparing for a powerful "pump"? Looking at the global chart of ShibUsdt, the first thing that catches your eye is that the price is now in a strong liquidity zone.
It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run.
The second thing that catches your eye is that now the consolidation pattern is visually very similar to the one that was at the final stage of consolidation in 2021 before the start of "the pump".
Since it is not known for sure how much longer the consolidation of the Shiba Inu token price will last, and whether there will be "a pump" afterwards, we do not risk buying such a manipulative tool as Shib now.
However, when and if the price of ShibUsd is firmly established above $0.00000830, we can consider buying Shib to participate in at least +50-60% of "the price pump".
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SHIB will skyrocket after this level breaks! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.00000356$ and take profits at the levels shown in the chart.
Targets:
1. 0.00000368$
2. 0.000004$
3. 0.0000044$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
SHIBA INU (SHIB) completed a setup for upto 14% pumpHi dear friends, hope you are well, and welcome to the new update on SHIBA INU (SHIB) token with US Dollar pair.
In the previous trade setup SHIB was very close to enter the buying zone, but pumped without entering the buying zone as below:
Now on 4-hr time frame, SHIB has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SHIB - SHEDDING LIGHTI notice plenty of pessimistic predictions alongside optimistic analyses claiming a bullish trend, including assertions that "INDICATORS SHOW BULLISH" - which I find unreliable. Oscillating indicators are not effective unless applied to mean-reverting stocks, and cryptocurrencies do not fit this category nor does the current market environment. Additionally, the concept of "burning" tokens, supposedly reducing supply and suggesting scarcity, is irrelevant without a significant shift in market liquidity favoring upward movement or the presence of substantial buying pressure to drive prices higher. For prices to ascend, significant players must navigate the bid-ask spread with minimal liquidity on the selling side, a scenario complicated by various order types making it challenging to predict movements. Historically, examining past performance and identifying low volume nodes can reveal support and resistance levels, where market imbalances occur.
My point stems from the possibility of breaking through current patterns toward a downturn, yet it doesn't necessarily imply a continued downward trajectory; such movements can also signal opportunities for significant investors to capitalize on liquidity. I find value in purchasing at low volume nodes beneath the last Point of Control (PoC) traded, considering these levels as bargain areas. In contrast, levels above the PoC are deemed costly, barring a surge in relative volume accompanied by a sustained price increase, indicating substantial buying activity overcoming the bid-ask spread and absorbing available liquidity, likely driving prices higher. The highlighted green areas represent support; crossing these could lead to a movement toward the next level of support or the subsequent highlighted green line.
Therefore, relying solely on indicators without a deep understanding of market microstructure and the factors influencing asset prices is misguided. Price action remains a critical indicator, far superior to any isolated analytical tool. Importantly, fundamental market dynamics render such indicators irrelevant during cryptocurrency bull runs or halving cycles.
Shiba Inu Fun play- it's been long time that i didn't post about Meme coins.
- They are good to gamble a bit, make u feel like u go to casino to spend few hundreds bucks for fun and relax.
- They are mostly dependents on announces, Burn!!, new partner!, and more fancy tweets.
- Right now we are on a little bit boring period, as BTC will mostly sideway for a while.
- Most of altcoins dipped -90%-95% so it's a good time for play without much efforts.
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- Here a simple trading plan (i took out the 0.000000xx$ :D)
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Buy The Dip (2021 support) : 8000-7000ish
Buy The Pump (at liquidity Zone) : 10,000ish+
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Sell Zone : 15,000-17,000 (don't fall in love)
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SL : 5000 ( Don't play fire with Meme Coins ).
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Happy Tr4Ding !
SHIB Price AnalysisShiba Inu is currently priced at $0.00003266, boasting a market cap of $19.28 billion and circulating supply of 589.29 trillion tokens. Over the last 24 hours, its value has dipped by -4.34%, and throughout the week, it's down by -13.37%.
Reviewing the past week, SHIB experienced a breakout to $0.00004541, swiftly followed by a rejection. The RSI is now edging below 70 levels, indicating a shift away from overbought conditions. Presently, SHIB is in a consolidation phase, forming a triangle pattern with lower highs and higher lows. There's anticipation of an imminent breakout within the current price range, provided the meme frenzy persists.
As a prominent meme coin on the Ethereum chain, particularly post the recent Denton upgrade, a positive trend is foreseeable for Shiba Inu.
SHIBMANIA - Over 700% Gain From Our Last Analysis! ✅In our last analysis, we made everyone aware that SHIB was getting ready to explode.
Safe to say that we sure did explode, with over 700% gained! We'll be targeting 0.00008 and then seeing how far we can go with this.
Hope you guys managed to make some gains!
Goodluck and as always, trade safe!
See your previous analysis below
SHIB: Keep an eye on this level! (Updated Chart)If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.00000356$ and take profits at the levels shown in the chart.
Targets:
1. 0.00000368$
2. 0.000004$
3. 0.0000044$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Indicators Suggest Cautious Optimism for SHIBIn the last 48 hours, BINANCE:SHIBUSDT has experienced fluctuations on the 4-hour chart, recording values at $0.00003352, $0.00003286, $0.00003187, $0.00003457, and $0.00003426 respectively in its latest sessions. This shows a mix of bullish and bearish sentiments, with a notable rebound after a dip, indicating a possible indecision in the market sentiment.
The 9 EMA (Exponential Moving Average) and 20 EMA provide insight into the short-term and medium-term momentum. The 9 EMA values are slightly above the 20 EMA values, which suggests a potential bullish crossover. However, the proximity of these EMAs indicates a fragile bullish sentiment that requires further confirmation.
The MACD (Moving Average Convergence Divergence) values are hovering just above and below the signal line, indicating a market that is in a state of flux without a clear direction. The histogram values, negative in the latest periods, suggest that bearish momentum is still present, albeit waning.
The RSI (Relative Strength Index) ranges from 44.99 to 54.31. This suggests that SHIB is neither in the overbought nor oversold territory, providing a neutral stance but leaning towards a bullish bias with the latest uptick.
Considering the resistance and support levels, the Shiba Inu price faces immediate resistance at $0.00003607, followed by a more formidable barrier at $0.00004382. On the downside, support levels are found at $0.00003102, $0.00002794, and $0.00001910. These levels are crucial for traders to monitor as breaches or bounces could dictate the next significant price movements.
For potential entry and exit points, traders might consider long positions if SHIB shows strong momentum above the 9 EMA and challenges the immediate resistance levels. Conversely, short positions could be considered if the token fails to maintain support levels, especially if accompanied by increasing bearish volume and MACD divergence.
In summary, while technical indicators show a mix of bullish and bearish signals, the current market setup suggests cautious optimism with a keen eye on identified support and resistance levels. Traders are advised to look for confirmation signals and consider volume trends and MACD indicators for potential trading opportunities.
Shiba Potential Upward Move in the Works? (UPDATE) CRYPTO:SHIBUSD : Potential Upward Move in the Works?
This update focuses on the potential price movement of Shiba (SHIBUSDT) in the next 24 hours. After a period of consolidation, the SHIB/USDT chart suggests a possible movement to the upside.
Why This Might Happen?!
Bitcoin Momentum: The recent rises in Bitcoin's price often influences the broader market, including meme like Shiba.
Increased Trading Activity: Growing transaction volume and market capitalization across the cryptocurrency space could fuel a more intense and rapid upward movement for SHIB.
Important Note: This is just an analysis, and future price movements are never guaranteed. It's crucial to do your own research before making any trading decisions.
Good luck!