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SHIBUST trade ideas

#SHIB → Waiting for the corner pattern to breakIt has a corrective structure in daily and H4 time frames. In a support strip with a corner pattern, it can have two movement paths. If the blue bar is formed by one or more confirmation candles, it can break the dynamic resistance trigger and have a temporary rise to the specified supply area. Otherwise, with the failure from the bottom and confirmation below the blue band, there will be a possibility of continuing the correction to the previous floor. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
by alikze
1
SHIBA: It Should Rise MoreSHIBA: It Should Rise More SHIBA price broke out of a bullish pattern and now looks poised to go higher. As the market will take profits from BTC and ETH maybe these altcoins with solid patterns are the next to move. From our previous analysis the price has reacted very well in the reversal zone increasing the chances of this bullish movement. 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❤️
Long
by KlejdiCuni
2
SHIB Shiba Inu Price TargetIf you haven`t sold the Bearish Pennant: Nor bought the dip on SHIB: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for SHIB Shiba Inu is the next resistance, $0.00001050.
Long
by TopgOptions
SHIB BREAKING OUT?I know, memecoin. But the chart is the chart, and I had a great trade from the range lows in the 700s up to around 1100 at the range EQ. As I have shared before, price dropped from there and has formed a descending resistance, which is now being tested. My alarm went off, which means it is time to pay attention. This breakout would look a lot better on convincing volume with more candle spread by the end of the day. If we do get a candle close above descending resistance, the target is once again around 1150 at the EQ. We can discuss higher if we get there.
by ScottMelker
SHIB SHIBA INU Technical Analysis and Trade IdeaShiba Inu has been trending downward lately, but the price action has stabilized into a sideways range over the past few days. Although I remain bearish overall, entering a short position requires confirmation. Specifically, I would need the price to break below the current support level, followed by a retest and failure to hold that level. Remember, this is solely my personal analysis and should not be considered financial advice.
Short
by fxtraderanthony
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❤️
Long
by KlejdiCuni
2
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
Long
by Nyskohuz
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
Short
by ZEUS_Market_Alerts
2
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.
Long
by Coinpedia-Market-Insight
1