SHIBUSDT 12HHead & Shoulder formation on 12H #SHIB chart. It is sitting on H&S neckline + 0.786 Fibo level now. In case of breakdown we can leg down to 637 611 and 543
SHIBUSDT trade ideas
SHIB/USD - Bears Dominate! Expect lower levelsSHIB failed to hold at $0.0000070 and has since fallen lower.
Hopefully bulls will come around $0.0000065.
Bias is bearish and the momentum indicators and volume both signal sellers have the upper hand right now.
Wait for the price to reach the key support, then re-assess.
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Will Shiba Inu Crash This Season?Falling Wedge: SHIB forms a falling wedge pattern in the daily chart.
Negative Cycle: Ongoing downtrend teases continuation under $0.00000651.
Current Price: SHIB is trading at $0.00000683.
Psychological Mark: Took a bearish reversal from $0.00001068.
RSI Indicator: RSI enters a negative trend, testing the oversold boundary.
EMA Resistance: The 50-day EMA acts as a dynamic resistance.
Lower Highs: SHIB continues a trend of lower high formations.
Crucial Support: Next crucial support level is at $0.00000651.
Bullish Bounceback: Possibility of a bullish revival due to upcoming support levels.
Market Conditions: Volatile conditions with Bitcoin ETF decision pending.
Resistance Trendline: Overhead resistance close to $0.00000715.
Deep Correction: A slide below support could lead to $0.0000060.
📈Rest in peace Shiba Inu📉BINANCE:SHIBUSDT
COINBASE:SHIBUSD
Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level
I personally liked this dog very much
In the next few days, SHIBUSDT is expected to stabilize between the yellow areas.
If the price breaks below the mentioned areas, the price will drop to the level of 0.0000065 (probably price receive support here) and then 0.0000059.
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SHIBAAA : WOOF WOOF! 3rd wave's gonna begin!Elliott Wave Perspective:
Shiba launched up in 5 waves, where wave 5 extended to 161% max levels and gave sharp decline up to wave 4 territory. Now tables will turn around! We can expect a 3rd wave rise again. Invest wisely.
Cheers!
SHIB's Slip or Shift: What's Next?As of October 10, 2023, Shiba Inu (SHIB) is trading at $0.00000688, showcasing a descent from its price range maintained from September 11th to October 9th, where it oscillated between $0.00000712 and $0.00000760. The price took a dip on October 9th, moving out of the previously held range, reflecting a market sentiment shift.
Key Prices:
Current Price (as of Oct 10, 2023): $0.00000688
Recent Price Range: $0.00000712 to $0.00000760 (Sep 11 - Oct 9)
Fibonacci Levels: 0.0 at $0.00000673, 0.5 at $0.00000700, 1.0 at $0.00000729
Analysis:
The recent price action reveals a break from the relatively stable range held over the past month, entering a new territory as of October 9th. The drop aligns with a broader market sentiment that remains cautious, if not bearish. The Fibonacci retracement levels drawn from the recent highs and lows provide a technical perspective, outlining potential support and resistance zones. The 0.5 level at $0.00000700 could act as a psychological barrier, with the 1.0 level at $0.00000729 indicating a stronger resistance, and the 0.0 level at $0.00000673 serving as a crucial support.
Most Probable Scenario:
With the price currently lingering below the 0.5 Fibonacci level, SHIB faces a testing time. A rebound from the current levels, possibly finding support at the 0.0 Fibonacci level, could attract cautious optimism among investors. Conversely, failing to hold above the 0.0 level might extend the bearish sentiment, driving the price further down. The reaction of SHIB's price around these Fibonacci levels, coupled with any upcoming market developments, will likely dictate its short-term trajectory. The historical price range and the recent break from it should be closely monitored by investors to gauge the market's next move.
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East.
SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221.
Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690.
The relative strength index (RSI) also dropped below a support point at the 37.00 mark.
price strength is tracking at 34.90, and appears to be moving towards the 30.00 region.
Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Shiba Next Support & ResistanceShiba Next Support & Resistance
0.000007181
0.000007699
0.000010205
0.000016304
0.000022864
🚀🚀🚀 Bullish Setup in Weekly TFThe price is ready to grow up to the red zone in weekly timeframe, Crypto is bullish at all.
SHIBUSDT heavy pump ahead As we said before price is near major daily supports like 0.000006$ and 0.0000045$ and we are looking for rise and pump here like the green arrows mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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SHIB/USD - SHIB Momentum Stalls. Come back tomorrow.Nothing to see here, go back to sleep.
Momentum is flat, bias is neutral.
I was expecting some action with BTC breaking 28k, but we got nothing.
Oh well. Try again next time.
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDER !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) also edged lower today, as prices approached a key support point.
Following a high at 0.000007479, SHIB/USD declined to a bottom at 0.000007258 earlier in today’s session.
As a result of this surge, the world’s second-largest meme coin closed in on a price floor at the 0.00000710 level
SHIB has not hit this point yet, the RSI has collided with a floor of its own at the 43.00 mark.
the index is tracking marginally below this point at 42.88, however, should this downward trend continue, SHIB will almost certainly hit 0.00000710 in the coming days.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
SHIB, ARE WE IN FOR A PUMP?📈 Analysis: After nearly a month of consolidation, SHIB seems ready to rejoin the cryptocurrency market action.
Accumulation and Support: During this period, SHIB held strong support levels within the range of 0.00000710 to 0.00000705, clearly marked in the highlighted box.
🚀 Bullish Signals: On the daily chart, SHIB shows signs of breaking out of this accumulation zone, backed by a 12-hour bullish price action. Our primary focus remains on the daily chart.
Key Indicators: To validate a bullish scenario, we require a shift in market sentiment, a flip of the blue zone on the daily chart, strong bullish volume, and possibly some bullish news.
💹 The Potential Upside: If these conditions align, we may witness a significant pump, targeting the next zone of interest at 0.00000100, offering a potential 30% upside. This level correlates with a longer-term trend line, easily visible on the 3D chart.
Confirmation: For confirmation of this educational idea, watch for a break above this level followed by a retest.
Disclaimer: This analysis serves as guidance and not definitive instructions. Conduct thorough research and consult with a financial advisor before making any investment decisions.
SHIB shortSHIB bounced off the upper boundary of ascending channel. Bearish movement to support level at 0.00000722 is possible.
SHIB/USD - The BULLS are BACK!SHIB momentum is shifting and may soon test the resistance at $0.0000080.
Volume is still low, but that will come if the trend persists.
Bias is bullish on this price action. The RSI is also curving up on 3-Day chart.
A bullish cross on MACD appears imminent if this continues. That should bring volume too and then volatility.
Enjoy!
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day.
After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session.
This happened as traders continued to move the price away from the recent support point at 0.00000710.
it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart.
The relative Strength Index (RSI) must first move above the 44.00 mark.
the index is tracking at 42.14, with SHIB trading at 0.00000754.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
shiba inu for buy (shibusdt)The formed pattern is called triangle pattern. According to the chart, it can grow up to 10%.
Shiba Inu Will Go Further Up?As we have seen that Shiba Inu is going in opposite direction to that of Bitcoin.
Now in Shiba Inu chart a pattern of round bottom has been made. And Shib Inu has a good record in the past for the month October as it hitted a all time high of $0.000088 in October 2021. Now the chart pattern of round bottom is indicating that history can be repeated.
Note: this is a educational idea and it doesn't motivate you to do any financial investment without your own research, as cryptocurrency markets are very volatile. So do your own research and then invest.
Thank YOU.
SHIBUSDT near major daily supports As we said before price now is near major daily support zone and we are looking for a heavy pump here near these supports like the green arrows on chart soon after range end.
DISCLAIMER: ((trade based on your own decision))
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SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video
SHIB hugging the 100ma here on the hourly can be a cooker pressure on price
If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.
DXY is on the edge tho
If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).
DXY can fail
If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.
Keep an eye out for changing data.
shibusdt-mentoringshibusdt speculative view
made a full retracement on weekly and just flatttening
trading at the lows and currently if holds its a HH
looks good RR on weekly
look for short if rejects from 853
look for long if retrace from 641
look for small longs untill 853
look for long if close above 886
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Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
You cn start to build your buy bag. Buying back at this pull back and load more at each drop as the chart Indicate.
