Shiba: Another Chances To Join - Get ReadyShiba: Another Chances To Join - Get Ready
Shiba is moving down very well as expected from the previous analysis.
Shiba has reacted very well near the zone where it is moving back down at this moment and it should be ready to raise soon.
SHIBA can likely test our red zone before it moves higher again by giving us another
opportunity to join the Long trade again.
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❤️
SHIBUSDT.PS trade ideas
SHIB/USDT | 1W 👀The current price range is conducive to long-term acquisitions.
While I don't anticipate it to surge dramatically, it should still constitute a smaller segment of the portfolio. I've purchased it before and I'm now adding to it with a small portion.
Dear colleagues, I strongly encourage you to weigh your actions and assess the risks involved. Avoid using borrowed funds for investments or trading with leverage, as it can lead to psychological stress and clouded judgment. Remember the importance of diversification to maintain a balanced portfolio and mitigate risks effectively.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of ShibaInu. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #ShibaInu #Investment #SHIB
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
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.
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 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.
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.
SHIBUSDT - BULLISH OUTLOOKSHIBUSDT is exhibiting a bullish divergence on the 1-hour (1H) time frame, indicating the potential for a bullish reversal. This divergence, when supported by other technical factors, suggests a shift in momentum towards an upward movement.
For traders contemplating a position, the following trading strategy is suggested:
Entry: Consider initiating a long position using a Buy Stop order at the price level of 0.00000940.
Stop Loss (SL): Implement a risk management Stop Loss order at 0.00000877.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.00001003
TP2 = 0.00001066
This trading strategy aims to capitalize on the anticipated bullish reversal. However, it's crucial to monitor the market closely for any shifts in price action and be prepared to adjust the strategy accordingly.
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames.
We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone.
It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges.
In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon
Closing two 4-hour candles above 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 Shiba Inu Trade IdeaShiba Inu (SHIB) has exhibited a sustained downtrend across multiple timeframes. This downward trajectory coincides with increasing strength in the US dollar, as reflected by the DXY currency index. Should the DXY maintain its upward momentum, further depreciation in SHIB prices is a distinct possibility. It is crucial to consider this analysis solely for educational purposes and not as financial advice.
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.000010219
Target2: 0.000010866
Target3(Final Target): 0.000011544
Stoploss: 0.000009090
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thanks of all of you dear's ;)