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SHIBUSDT Perpetual Swap Contract

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SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing. 💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave. 💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level. 💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support. 💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run. 💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
Long
by MyCryptoParadise_Simon
✴️ Shiba Inu Correction Likely Over, New 200% Jump PossibleI will read this chart for you in a easy way, keeping it simple and straight forward. If you enjoy the trade idea, make sure to like and follow and this way the algorithm pushes me to the top and I also know to publish frequent updates. Let's get started. Shiba Inu (SHIBUSDT) bottomed 10-June and immediately entered a bullish wave. This wave peaked at 116% growth which is really good, this happened within 2 months. After a strong move or any type of move basically, a correction or retrace forms/develops, this is what you see happening now and very likely coming to an end. Shiba Inu dropped from its 12-August peak and wicked below the 0.618 Fib. retracement level. Total correction -36%. The interesting part here and what constitutes a reversal signal is the fact that the 17-Aug. candle closed above 0.618 Fib., as mentioned above, and the candle that followed five days later, 22-Aug., ended as a Doji with a long lower wick and closing green. This Doji reversed before hitting the 0.618 support. This all means that the bears/negative/down, tried to push prices lower but the bulls bought everything up. We can easily see how the volume was high yet after 17-Aug. it drops. This is all telling us (you and me) that the correction is likely over. If it extends, support is marked on the chart and the bias remains bullish. This is only wave 1 of a bullish impulse as in Elliot Wave theory. The next wave can produce ~200% from the current price, regardless if the next move starts within 3 days or 2 weeks... We have 5 waves total in an impulse, 1,3,5 up, 2,4 down (corrections), meaning, there is plenty of room/time left for additional growth. Your support is highly appreciated. If you enjoy the content and would like frequent updates on this pair, just let me know. If it gets enough boost/likes, I can post daily... Thanks a lot for your support. Namaste.
Long
by AlanSantana
7
Exploring the Potential: Shiba Inu Token's Journey to 0.00000705Dive into the fascinating world of cryptocurrency as we examine the intriguing trajectory of Shiba Inu Token. With its recent fluctuations and promising developments, many investors are speculating on the token's potential to reach a price of 0.000007055. Join us as we analyze the factors influencing Shiba Inu's movement, including market trends, technological advancements, and community engagement. Whether you're a seasoned crypto enthusiast or a curious observer, this exploration into Shiba Inu's journey offers valuable insights into the dynamic nature of the crypto landscape. Discover the possibilities and risks associated with this projection, and gain a deeper understanding of how this digital asset might shape the future of decentralized finance.
Short
by cakpras
Shib-Inu - Are we🙇‍♂️ Safe or 🙅‍♂️Sorry - Next 3 daysWe have experienced the August 21st, 2023, crash as I expected to happen, however; things took an interesting turn, as the S&P 500 is showing signs of rebound on the day and 4 hour chart. We maybe expecting a boost in price soon vs a downtrend and the suspected 0.00000100 crash may have been averted - the real question is, are we safe to buy, is it over with. Answer: We don't rightfully know, the 4 hour chart on shib is down, however; it is curving up-word and leveling off, it's a likelihood that shib is safe from the crash but for how long is unknown - but for now reap in the recovery and hopeful we all make a return to the 0.00001000, as far as the 3 days depending on the S&P 500 we should be fine. Buy now if you like - your money your choice. Will add my findings below and update you as it develops. Also thank you all for the 100 followers. Much love on that.
Long
by Grandmaster_Oz
SHIBUSDTThis is a 1D frame analysis for SHIBUSDT After hitting the resistance line, the price was unable to establish itself above it and with the high selling pressure, bears were able to push the price down. However, currently the price can establish itself on the first support line and after a bit of rest can move back towards the resistance line. But if it fails to establish itself above it, the second support line can support the price. Suggestion: Those who intend to buy can place orders on our support areas and must not forget to set a stop loss.
by MarsSignals
SHIBA INU Short👇 15min "Hello everyone, with a 15-minute timeframe, the possibility of a drop exists considering the downward trend of Bitcoin and the ranging behavior of Shiba." "Hello everyone, with a 15-minute timeframe, the possibility of a drop exists considering the downward trend of Bitcoin and the ranging behavior of Shiba." "Considering that the 4-hour channels have been displayed and the 1-hour channels have broken, breaking these channels will entail both upward and downward scenarios."
by amirjanbaki
3
Shiba Buy TradeHere is My Study On Shiba. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
SHIB Price Bounces From Trendline; Will It Trigger A Reversal? 23% Fall with Recovery: Despite a 23% fall in the recent correction, SHIB coin price resurfaced above the support trendline, unlike Bitcoin. Sharp Recovery: SHIB prices showed a sharp recovery of 5.66% from the support trendline. Opposition from 50-day EMA: The recovery rally faced resistance from the 50-day EMA. Bitcoin's Trendline Break: Bitcoin's sharp increase in selling pressure broke its support trendline, bringing its market value to $26K. Shiba Inu's Bounce Back: Unlike Bitcoin, Shiba Inu managed to bounce back from the support trendline, though the 5.66% recovery was small compared to the 23% fall. Golden Crossover Limited: SHIB's downfall limited the chances of a golden crossover, flattening the 50-day EMA. Trading Close to Fibonacci Level: SHIB trades close to the 23.60% Fibonacci level of the long correction in early 2023, currently at $0.00000838. Bullish Technical Indicators: Despite rising selling pressure, technical indicators like stochastic RSI lines and RSI line show bullish signs. Potential Downfall: The intraday loss warns of high supply at the 50-day EMA, possibly leading to a 14% discount to $0.00000711. Optimism for Recovery: Optimism in technical indicators and buyers at the trendline might halt the downtrend, with a recovery rally targeting the 200-day EMA.
Long
by Coinpedia-Market-Insight
Trading Lesson 👨‍🏫#2 - Understanding Consolidations in CryptoIn today's lesson I will explain the difference in consolidations. Some of you are new to the market and are probably wondering what's happening exactly when it's not moving in price and when it's moving down more than up but would later return to the last price it was. Well to best answer that question. It's called consolidation: It's a thing that happens in the crypto market where waves of prices fluctuate up and down calculating the sells and buys of the market until it meets a point of exit - after consolidating the actual price of the market you're in, and only has two places it can go. There are two types of consolidation. The first is where it does a price correction where you have rapid 📉drops or rapid 📈rises. An lastly is a repeated wave🏄🏼‍♀️ that can run in the same location for a few hours, sometimes days, give or take how many orders were made within the past few minutes - hours - days - weeks or months. Consider it like a balloon🎈 being blown into until it 💥pops!💥 Now this is where the problem begins - we don't know where it may go once it's done, could go up or down and when that balloon has popped it's rapidly going there. We could see the 0.00002000 - range within a few hours or just see 0.00000900 range within a few minutes, depending on the orders made for shib and the rest of the market as a whole, this can last for days, weeks depending on the amount of buys or sells. Also note these are when you get the same surprise jumps like we did in 2021. It started off from the 850's and jumped to the 0.00001300 within a day. However; right behind it, is a price correction waiting for a peak in the returns to meet its end. Once that happens it'll just fall or rise back to where the price actually suppose to be and starting the process all over again. You may not know it but there are all forms of consolidations on ever chart from 1 minute to 4 hours to 1 day to 12 months. You're in a consolidation right now and you don't even know it. Like the ones that occur on a weekly chart, This is what I call "a Seasonal Trend" the day, week, or month, is in a seasonal consolidation and is trending high or low. But note anything can stop a seasonal trend and disrupt the flow of it, but it will continue the process as long as the damage done was not to bad such as major crashes in a seasonal up trend due to outside interferences such as massive sell-offs, regardless it'll still attempt to rise back because it's in a wave that's trending up-word, if the wave was trending down then it would do way more damage than expected. But the worst thing to do in a consolidation day - is to sell while it's consolidating, the price may not go no higher or no lower, and if you sell while at a low price in a consolidation you will likely lost position and will have to wait for it to finish to get more shares let alone the original shares, that's if it drops, so best to hold while in a consolidation day, at least until closing. So I hope this answers anyone question as to why your crypto stock of choice is not moving anywhere, it may not move for hours or even days. you'll just have to wait for closing hour to see if it will pop - hopefully on a positive outcome. So Happy Trading Everyone
Education
by Grandmaster_Oz