SHIBAUSD 12HSHIB ~ 12H 📈
#SHIB Successfully penetrated the resistance of this pattern. We will start making purchases gradually from here, with a minimum target of 15%++
SHIBUST trade ideas
Shibainu... Tecnicall analysis By breaking the trend line, Shiba ascends to the upper regions.. Shiba will go in an upward cycle, after this suffering or correction, he must break the trend line upwards, and complete his cycle.
shibusdt 106% long target
1. Shiba Inu (SHIB) is currently positioned within a buying zone, ranging from 0.00002100 to 0.00002300. This zone is significant as it attracts attention from major investors like Black Rock and other whales, indicating strong demand dynamics.
2. Recent market activity has shown positive signs for SHIB, with an increase in trading volume and daily active addresses. This uptick aligns with a broader market trend, driven partly by Bitcoin's surge to $65,000.
3. Shibarium, SHIB's layer-2 blockchain solution, has witnessed heightened activity, with daily transactions ranging from 300,000 to 950,000. This suggests growing interest and utilization of SHIB's ecosystem.
4. Additionally, SHIB's burn rate has spiked significantly, signaling efforts to reduce token supply and potentially increase its value over time.
5. Current market data reveals SHIB's live price at $0.000023 per token, with a market cap of $13.46 billion USD. The 24-hour trading volume stands at $642.81 million USD.
6. SHIB has experienced a modest increase of +1.22% in the last 24 hours, with a circulating supply of 589,289.41 billion tokens.
7. Technical analysis highlights a bullish divergence observed at the 4-hour time frame, indicating a potential upward trend. Additionally, all indicators are showing buy signals, reinforcing the bullish sentiment.
8. The proposed trade strategy involves waiting for a volume candle to break the blue moving average (MA) line, signaling an increase in market activity.
9. Once the volume confirms the bullish movement by surpassing the blue MA line, consider entering the trade.
10. It's crucial to set a profit target at 106% above the entry point, aiming to double the investment.
11. Implementing risk management measures, such as setting stop-loss orders, is essential to protect the investment in case of adverse market movements.
12. Monitoring the volume closely and observing any significant changes in market dynamics is key to timely decision-making.
13. Understanding the broader market context and potential catalysts can provide valuable insights into SHIB's price movements.
14. Keeping track of developments in Shibarium and other ecosystem-related initiatives can help gauge the long-term viability and growth potential of SHIB.
15. Market sentiment and investor behavior play a significant role in cryptocurrency price fluctuations, so staying informed about community sentiment is essential.
16. Assessing SHIB's relative strength compared to other meme coins and cryptocurrencies can provide additional context for trading decisions.
17. Diversification is crucial to managing risk effectively, so consider allocating investments across different assets and sectors.
18. Utilizing technical analysis tools and chart patterns can aid in identifying potential entry and exit points, enhancing trading precision.
19. Patience is key in trading, as waiting for confirmatory signals and avoiding impulsive decisions can lead to more successful outcomes.
20. Continuously reviewing and adjusting the trade strategy based on evolving market conditions is essential for long-term success.
21. Educating oneself about cryptocurrency fundamentals and market dynamics can empower traders to make informed decisions.
22. Networking with other traders and joining online communities can provide valuable insights and support in navigating the cryptocurrency markets.
23. Emotions can often cloud judgment in trading, so maintaining discipline and sticking to predefined trading rules is paramount.
24. Recognizing and managing cognitive biases can help prevent irrational decision-making and improve overall trading performance.
25. Regularly reviewing and analyzing past trades can provide valuable lessons and insights for refining future trading strategies.
26. It's important to remain adaptable and open to new information, as market conditions can change rapidly.
27. Developing a clear trading plan with well-defined entry and exit criteria can help minimize uncertainty and improve consistency in trading performance.
28. Risk management should be a top priority in trading, with capital preservation taking precedence over potential gains.
29. Seeking advice from experienced traders or financial professionals can offer valuable perspectives and guidance in navigating the cryptocurrency markets.
30. Ultimately, successful trading in cryptocurrencies like SHIB requires a combination of market knowledge, technical skill, discipline, and risk management. By adhering to sound trading principles and staying informed, traders can increase their chances of achieving their financial goals.
shiba inu target of 0.0002 USDT within 3-6 months, 700% move comshiba inu target of 0.0002 USDT within 3-6 months, 700% move coming. :)
Lingrid | SHIBUSDT Accumulation and DistributionBINANCE:SHIBUSDT broke through the range zone, making an impulse move. It formed another range zone in the shape of the triangle pattern. The market is squeezed. I think the market is in the accumulation phase above the round number at 0.00002000. We saw a massive, long-tailed bar rejecting the support level, which is the big buy zone. I expect the market to make a deeper pullback toward the support level, then move upward if the market presents a buy confirmation. My goal is a resistance zone at 0.00002500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SHIBUSDT.1DThe SHIB/USDT daily chart indicates a significant downtrend with the price closing in on the support level (S1) at 0.00001599. If the price breaches this level, it might signal further declines.
The resistance levels (R2) sit far above the current price at 0.00003357, suggesting that the asset has room to recover if the momentum shifts. However, the current market structure would require a strong bullish reversal to reach these heights again.
The RSI is approaching the oversold territory at 28.85, which might attract interest from buyers looking for undervalued entries. However, a persistently low RSI can also align with a strong downtrend.
The MACD's position below the baseline and its negative histogram also support the bearish trend. Traders would need to see a cross above the signal line or a shrinking negative histogram for signs of a potential reversal.
The presence of a pattern resembling a flag pole and a flag (bear flag) may indicate a continuation pattern, so a downside break from the flag could signal a continuation of the downtrend.
In conclusion, the indicators suggest a bearish outlook, but with the RSI nearing oversold conditions, one should watch for any potential bullish signals or price action that could indicate a reversal or a pause in the downtrend. Always remember to consider other technical aspects, fundamental analysis, and market news when evaluating such scenarios.
SHIB forming a Massive Bull Pennant Formation!It seems like the price is getting close to the apex of the Massive Bull Pennant Formation, and now is the time to keep an eye on SHIB! 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 0.0000301$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000313$
2. 0.0000328$
3. 0.0000348$
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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!
SHIBUSDT in Sideways RangeSHIBUSDT is currently trading sideways i.e. not making any clear highs or lows
SHIB: StandstillSHIB is currently showing a price action that's worth noting. The token has been unable to break a particular resistance level for about three weeks now. On the 4-hour chart, SHIB is trading at a point that has acted as both resistance and support in the recent past, indicating its significance.
The MACD is hovering just below the signal line and the histogram is almost flat, suggesting there isn't much momentum in either direction at this time. This could be read as the market taking a breath before deciding its next big move.
The Stochastic Oscillator is relatively low, which sometimes points to an upcoming upward move if buyers step in, considering the price could be seen as undervalued. However, the RSI is also in the lower region, supporting the possibility that the market sentiment is currently not in favor of a strong bullish push.
The trading volume has been substantial, yet this hasn't translated into a significant price change, which often implies consolidation. Traders may be looking for a catalyst or a shift in broader market sentiment to give SHIB direction.
This current state of balance can be delicate, and a breakout above this level would likely require a strong shift in investor confidence and market dynamics. Conversely, a break below could see SHIB testing the lower levels of solid support that have been established.
The critical aspect to watch with SHIB will be how it interacts with the solid support line beneath it. Whether it holds or breaks might provide insights into the market's confidence in the token.
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New Phase of CorrectionThe price of the SHIBA token faced a correction after reaching a significant and prominent resistance area, which is displayed in orange, and returned to the designated support zone marked in red.
However, this initial support was unable to prevent a further decline in price, and it appears that the price has entered a new phase of correction.
Currently, the market is still in a correction phase and the short-term growths observed during this period are only considered temporary. This situation will continue until the downtrend is decisively broken.
shiba inu targets, 700% move coming.big moves, big pumps, we cant be exact, but we will be close. :)
Shiba Inu price completed correction and will continue to grow ?We would like to believe that the Shiba inu price has already made an a-b-c correction as part of wave 4.
But it's worth keeping in mind that a drop in the #SHIBUSDT price down to $0.00001350 - 0.000015 will still keep the upside scenario relevant.
But probably most would like to see the price drop no longer fall so much, and for CRYPTOCAP:SHIB buyers to keep the price above $0.000020 and continue to grow with a medium or long-term target of $0.000075
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best time to buy ShibaHello dear friends
Based on the chart, it can be said that Shiba is in a good position for investment and the possibility of growth of at least 48% is assumed for it.
good luck
shib/usdt trade at your own risk shib usdt support at 4hrs zone and gointo test the 15 min top ob with fvg
note- tarde at your own risk
Short trade
12th April 2024
12:00 PM New York Session
Entry: 0.000026529
Profit Target: 0.000023693 (10.69%)
Stop Loss: 0.000026797 (1.01%)
SHIBA's correction will continueAccording to the structure of the waves, it seems that the SHIBA correction will continue.
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below 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 ANALYSIS🚀#SHIB Analysis : Breakout and Retest
🔮#SHIB has broken out of a symmetrical triangle pattern in 6-hour timeframe
The breakout of the symmetrical triangle pattern suggests a potential bullish move📈
Expect a bullish wave of around 40% in the coming weeks🐳
🔰Current Price: $0.00002771
🎯 Target Price: $0.00004388
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Cryptocurrency #TechnicalAnalysis #DYOR
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it!
Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:SHIBUSDT
SHIBUSDTBlaming someone is the easiest thing to do in the world. But the most difficult is to face the truth
Shiba Inu Ready to take-off! The price seems ready to take off; now is the time to watch SHIB closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000286$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000297$
2. 0.0000315$
3. 0.000033$
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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!
