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Shiba

SHIB/USDT: The Cup & Handle Setup That Could Spark a RallyShiba Inu (SHIB) is showing a textbook Cup and Handle Pattern on the daily chart, a bullish continuation structure signaling the potential for a significant breakout. Currently trading around $0.00002216, SHIB seems poised for a dramatic move higher as it approaches the handle's resistance. Key Pattern Insights: Cup Formation: The rounded base indicates a prolonged accumulation phase, signaling a shift from a bearish sentiment to a neutral or bullish outlook. SHIB retraced steadily, forming higher lows and maintaining strong support around the $0.00001700-$0.00001900 range. Handle Development: The price is consolidating in a descending channel, forming the classic "handle" portion of the pattern. This consolidation is a healthy retracement, allowing bulls to recharge before attempting a breakout. Breakout Target: Upon breaking the neckline resistance at $0.00002500, the Cup and Handle's projection targets $0.00004400, nearly doubling the current price. The measured move aligns with the height of the cup added to the breakout point. Support and Resistance Levels: Immediate Support: $0.00002100 remains critical for the handle's continuation. A failure to hold this level could delay the breakout but does not invalidate the bullish structure. Key Resistance: $0.00002500 acts as the neckline. A confirmed daily close above this level will ignite the next leg higher. Momentum and Volume: The volume profile confirms increasing interest during the cup's formation, with a slight tapering during the handle—a pattern characteristic of strong setups. Momentum indicators suggest room for growth, further supporting the bullish outlook. Potential Scenarios: Bullish Breakout: A decisive breakout above $0.00002500 opens the door for SHIB to rally toward $0.00004400, completing the Cup and Handle formation. Pullback and Retest: A brief retest of the $0.00002100 support zone before resuming upward momentum would create an ideal entry opportunity for bulls.
Long
by melikatrader94
4
Could Shiba Inu see more gains and hit 0.000040 soon?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Shiba Inu , 📚💡 The SHIB token has been one of the most talked-about assets in the cryptocurrency market in recent years, particularly during the peak of the bull market. At its height, the token saw a dramatic surge in price, fueled by a massive influx of investors and a vibrant community. This surge was amplified by powerful media coverage, which led to substantial capital pouring in over a relatively short period. Investors at various stages of the market were buying into SHIB, and many saw impressive returns. 📚🎇 However, as often happens after such explosive growth, doubt and uncertainty set in before investors could capitalize on their gains. Consequently, the capital became stagnant, much like layers of sediment that settle at the bottom of the ocean. Despite its current dormancy, SHIB still possesses significant growth potential. To revive this momentum, a fresh wave of investment is necessary. From my experience, I've learned that in both financial markets and life, accepting the ebb and flow of events can bring a new perspective and direction. 📚🙌 Financial markets, much like life, are deeply intertwined with human psychology, and knowing when to cut losses is an invaluable skill. To summarize the current outlook for SHIB: the token is in a period of consolidation, reflecting typical market cycles. However, with a renewed influx of capital, we could see a significant upward movement in its price . So, reflect carefully on my thoughts, learn from past experiences, and stay mindful of the opportunities ahead. 📚💣 🧨 Our team's main opinion is: 🧨 The SHIB token experienced explosive growth due to strong community support and media attention, but has since stagnated, requiring a new influx of capital to revive its potential. Despite its dormancy, it still holds significant growth prospects, with future price increases possible if fresh investment flows in. 📚💡 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
11
Fresh Demand Zone IdentifiedDespite potential year-end challenges in the crypto market, it’s crucial to plan for buying scenarios to navigate adverse conditions. For SHIBUSDT, the fresh demand zone highlighted on the chart represents the strongest remaining support level, where buyers are likely to step in. This zone offers a strategic entry point for long positions. Monitor closely for price reactions and confirm trades with lower time frame signals. Always manage risk effectively in uncertain market conditions. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence
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by XU99
SHIB | ALTSEASON | Another PUMP for ShibaInu?The reason why I argue that SHIB (and many other alts) are still due for increases , is largely because of two reasons : ETH, and the BTC.D chart. On the topic of ETH new ATH, more info on that reasoning here: I've been watching (for months) the interplay between the Bitcoin dominance chart, Bitcoin, and the Total3 chart. There's an interesting hidden pattern that exists here if you overlap them together, giving key insights on the timing of the Bitcoin ATH, and Altseason. More info on that here: _____________________ BINANCE:SHIBUSDT BINANCE:ETHUSDT
Long
by CryptoCheck-
1
Shiba shortterm movement predictionAs matter of fact i believe Shiba can see higher price even more than beside this believe I also certain about the movement of doge before Shiba - which means At first doge will begin its bullish movement something like XRP and after that the second largest meme coin will begin its upward trend for about one month and will meet its new ATH, So for first step Shiba needs to has large volume trade above 0.0004 where can see it after 30% gain price price price
Long
by kamali.bashir
SHIBA INU more gain is comingHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SHIBA, 📚💡 As observed, a substantial influx of trading volume has entered the market for this asset, further bolstered by strong backing from one of the largest media platforms and communities within the global cryptocurrency space, which enhances its influence and market visibility. 📚 Despite the current bullish momentum, there remains the possibility of a price pullback toward the next lower Fibonacci support level. 📚✌ However, after this potential dip, we anticipate a rebound and renewed upward movement, leading to a recovery and a subsequent price increase. 🎇💡 🧨 Our team's main opinion is A strong influx of trading volume, backed by major media support, suggests potential short-term pullbacks to lower Fibonacci levels, followed by a recovery and further price growth. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
12
The Resilience of Kabosu (KABOSU): A Tale of Meme PotentialIn the ever-volatile world of cryptocurrencies, few tokens manage to capture the essence of community spirit and cultural phenomenon as vividly as Kabosu ($KABOSU). Named after the Shiba Inu dog that became the face of Dogecoin, Kabosu embodies more than just a meme; it's a symbol of resilience, community, and charity. This article delves into the recent market performance of KABOSU, highlighting both its technical chart patterns and its fundamental values that could drive its potential recovery and growth. Technical Analysis: Currently, Kabosu (KABOSU) has been trading within a falling wedge pattern for over two weeks. This pattern, characterized by a series of lower highs and lower lows, often signals a potential reversal. For Kabosu, this could mean it's gearing up for a significant bounce back. The narrowing of the wedge suggests that the selling pressure is diminishing, and a breakout could be imminent, potentially leading to a return to previous highs. With an RSI hovering around 51, Kabosu shows a neutral stance, neither overbought nor oversold. This equilibrium in the RSI indicates that the token might be ready for a move if triggered by external factors like market sentiment or broader crypto trends. Despite the optimistic wedge pattern, the presence of a death cross—where a short-term moving average crosses below a long-term moving average—signals caution. Historically, this pattern suggests bearish momentum, but in the crypto market, such signals can sometimes precede a contrarian move upwards, especially if accompanied by positive developments or shifts in investor sentiment. The performance of Kabosu is not isolated. Given its meme coin status, it's heavily influenced by movements in Bitcoin ( CRYPTOCAP:BTC ) and the overall meme coin sector. The holiday season, including events like Thanksgiving, can often inject unpredictability into market movements, potentially offering a window for turnaround. Beyond the Charts Kabosu isn't just another cryptocurrency; it's a movement with a heart. Dedicated to the memory and spirit of Kabosu, the Shiba Inu dog, the token represents kindness, community support, and charity. This narrative adds a layer of intrinsic value, appealing to investors who value more than just financial returns. Charitable Endeavors: The project's focus on supporting animal shelters resonates with a broad audience, potentially attracting investors who are looking to contribute to a cause while participating in the crypto economy. This unique selling proposition could drive demand, especially if the community grows or high-profile partnerships are announced. Zero Tax Policy: The recent adjustment to a 0% tax on buys and sells simplifies the trading process for holders, removing the friction of transaction fees which might encourage more trading volume and liquidity. Decentralized Commitment: The renounced contract and locked supply are strong signals of commitment to decentralization and scarcity, respectively. These actions can build investor confidence by ensuring that no additional tokens can be minted, theoretically increasing value as demand grows. Conclusion Kabosu ($KABOSU) stands at a crossroads where technical patterns suggest potential for recovery, while its fundamental ethos offers a compelling reason for long-term holding. The interplay between its chart patterns and its community-driven mission might just be the catalyst needed for a rebound. However, investors should remain cautious; the crypto market is notoriously unpredictable, and external factors like regulatory news or shifts in the broader market sentiment can significantly impact performance.
UNISWAP:KABOSUWETH_8407B9.USDLong
by DEXWireNews