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Shibainu

SHIB: Falling Wedge BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Bearish breakout from Falling Wedge pattern, price made a new Lower Low, which confirms a downtrend. It’s also broken below $0.000008 support level that held up back in late 2023. However, it is very oversold (RSI < 25) near $0.0000055 support area and could bounce up near term. Notice that price actually reached that level (daily low point) and bounced up. It’s a higher risk swing trade setup since overall trend is down. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
1
SHIBA - Return Of The SHIB! ✅It's been a while since we analysed SHIBA. We've been in a correction for almost 2 years but it looks like we're very close to the next big impulse. We are currently in a WXY correction: Wave W = 3 wave correction Wave X = 3 wave correction Wave Y = 3 wave correction We are in the last wave of wave Y. All we have to do is wait for a breakout and join the move higher. Trade Idea: - Safe entry on break of red trendline - Risk entry on lower timeframe trendline break (see update) - stops under lows once red trendline breaks - Will look to manually take profits as we move higher Goodluck and as always, trade safe!
by WicktatorFX
3
Shiba Inu SHIB and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. SHIB/USDT Entry Range: $0.00000800 - 0.00000910 Price Target 1: $0.00000990 Price Target 2: $0.00001100 Price Target 3: $0.00001260 Stop Loss: $0.00000700
Long
by BuySellMarketMaker
Could SHIBUSD outperform BTC after potential bounce back?Are you tired of hearing about Bitcoin's ups and downs? Let's talk about something more exciting - the SHIBA INU bounce back! So why should you care? For starters, SHIBA INU has been making waves in the metaverse. That's right; there's a whole Shiba Inu universe out there waiting for you to explore. From NFTs to gaming, the possibilities are endless. And let's not forget about the community. The Shiba Inu community is one of the most passionate and dedicated groups. They've even donated millions to various charities, including COVID-19 relief efforts. So what are you waiting for? Don't miss out on the SHIBA INU hype train. Instead, join the community, explore the metaverse, and see why this little pup is giving Bitcoin a run for its money.
S
by bryandowningqln
shib iz going down coz Mr. T diseriesHi low my dears, I think its time to start sharin' with u my mega top trades :) First of all thanks for watchin' and lets look at the chart: Everything is on it, and its clear that we see Mr. T, a Triangle, one of my most lovely Elliott's waves pattern. That a big one i say, and when wave E will be finished, we will hear some hamsters screams, when its go down about -50%. I please you, do NOT press 'like rocket' button, even if u really like the idea. Press it if u AGREE with it see ya, green pnl catcherz
Short
by zikkuratt
4
✴️ Shiba Inu Higher Low In ProcessAfter a very strong bullish breakout in early 2023, from January through early February, Shiba Inu is now in the process of producing a higher low. The correction has been going for more than 3 months (107 days) and we are seeing bullish action today. There is a hidden bullish divergence with the RSI and this is all happening after a classic ABC EW correction. These signals are pointing to a potential reversal. More details on the chart. Namaste.
Long
by AlanSantana
1