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SHIBUST trade ideas

SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally: Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week. Some of the biggest asset managers on the entire planet are going to release a BTC ETF: Blackrock $9.3 Trillion Fidelity $4.5 Trillion Franklin Templeton $1.53 trillion Invesco $1.5 Trillion. BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline. I expect the approval to a buy the rumor, sell the news event. Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit. A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.
by TopgOptions
Shiba: Another Chances To Join - Get ReadyShiba: Another Chances To Join - Get Ready Two Days ago the crypto market was manipulated with the comments that the SEC won't approve a Bitcoin ETF and it was followed by a quick sell-off. Now '' SEC schedules meetings with the NYSE, to finalize comments on Spot. However, Shiba almost tested a key support area where the price reacted very well also on the past. 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!
Long
by KlejdiCuni
IS SHIB READY FOR A REVERSAL RALLY?SHIB Retest Phase: SHIB is currently undergoing a retest phase of a recently broken weekly resistance trendline. Potential for a Bounce Back: A long-tail candle in the weekly chart suggests a possible bounce back in the upcoming week. Upside Target: If successful, the post-retest reversal could propel SHIB's price to around $0.00002145. Recent Breakout Reversal: SHIB price briefly surpassed the $0.00001025 level but faced a pullback due to market-wide declines. Weekly Chart Observations: The weekly volume indicates a high-volume breakout followed by a downturn with a 5% weekly drop. Active Demand at Lower Levels: The long-tail formation hints at buying interest at lower price levels. Current Trading Price: SHIB is trading slightly below the crucial $0.000010 mark, at about $0.00000981. Technical Indicator - MACD: The MACD indicates a shift from bullish to potentially bearish, with declining histograms. Technical Indicator - RSI: The RSI shows a decrease in buying pressure, suggesting waning investor interest. Market Influence: The overall crypto market trend could heavily influence SHIB’s price movement. Critical Retest Outcome: The outcome of the retest phase will be pivotal for SHIB's short-term price direction. Potential Downside Risk: Failure to reclaim $0.000010 could lead to further decline, potentially down to $0.000008360.
by Coinpedia-Market-Insight
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