shib → another downward movementhello guys...
as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down!
now I believe this coin wanna start another downward movement until the 0.61 fibo level at least!
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Shiba
SHIB/USDT planning bullish ride? 👀 🚀 Shiba Inu Today AnalysisParadisers, pay attention! Let's delve into the enigmatic rise of SHIBUSDT, currently situated in a demand zone and primed for a potential bullish surge👀
💎 We've recently noticed that it hit a specific resistance level at 0.00000856 and faced rejection from an overhead supply area. Interestingly, it's once again approaching this same resistance level.
💎 Given the presence of an unaddressed supply zone, it's highly likely that the price will break through this resistance and reach higher OB levels soon.
💎 However, keep an eye on the invalidation zone; if the price dips below 0.00000635, consider a short entry to capitalize on the downward movement.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Potential for Further Decline Amidst Bearish SentimentSHIB experienced a notable price decline over the past week, reaching the lower boundary of its established price channel at $0.00000750. The current scenario hinges on a potential favorable response to this level, marked by a break in the prevailing downtrend line. Such a development could signify a positive indication for price appreciation, with the possibility of a rise towards the upper boundary of the channel.
In the context of the 4-hour time frame, there is an almost balanced distribution between bearish and bullish candle formations. However, the relatively small bodies of the bullish candles indicate the limited strength of buyer interest. This sentiment is further underscored by the fact that, when observed on the daily time frame, all candles from the preceding week display bearish characteristics.
Consequently, the breach of the upward dynamic support line has introduced the potential for a retracement to the aforementioned range. This retracement, if realized, might lead to a continuation of the ongoing downward trajectory in SHIB's price. A possible outcome of this scenario could involve a further decrease in the value of Shiba Inu's cryptocurrency, potentially approaching the support zone around $0.00000600.
SHIB ANALYSIS (1D TF)Shiba seems to have created a diametric that is now finishing the F branch.
Branch G can be dwarfed and end up in the red box.
I included the targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SHIBUSDTBINANCE:SHIBUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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SHIB/USDTAs predicted in the previous analysis, the price has successfully exited from the top of the triangle (downtrend line) and we have to wait for the touch of the first target and then the pullback to the range of the ceiling of the ascending channel and the broken downtrend line.
I recommend that the specified loss limit be observed and if the loss limit is maintained, reduce the average or buy. DYOR
SHIB/USDTDespite the successful exit from the downward trend, it failed to maintain the broken range and we see the price falling below the downward trend and entering the previous upward channel. Currently, the price is in a very attractive price range to buy. Loss limits and goals are specified in the analysis. DYOR
SHIB Re-entry Opportunity: Seize the Potential!For those who may have overlooked the prior notifications, an opportunity has resurfaced to engage with SHIB once again.
Recent performance of SHIB has been notably positive, positioning it with the potential for a resurgence to the $0.011386 level.
Consideration for Re-entry: Within the range of $0.009728 to the current market price (CMP).
Assigned Stop Loss: $0.009409.
Projected Target: Aiming for gains between 10% to 15%.
Recommended Leverage: Optimal use of 5x to 10x.
Trade Category: Specifically tailored for futures trading.
Please be advised: I have conducted thorough research and analysis, fully acknowledging the inherent risks associated with leveraged trading. Prior to any investment, I urge you to conduct your own diligent research.
Best regards,
Team Dexter.
Shiba - Bullish setup -$ SHIBUSD ✅Hello Traders,
BINANCE:SHIBUSDT after a long period of consolidation and accumulation is showing bullish signals.
At the moment we have the yellow trend line acting like resistance with high chances to be broken targeting 0.000015-0.0000155 price levels. We need a daily break of this resistance to have a breakout signal.
The Yellow curve is showing the next movement based on my view on this asset.
The best entry is at the resistance test, if holds on 4H timeframe after a breakout and acts like support sure the bullish movement will be very strong.
SHIB Giving Powerful Alert on Macro ! Like many other asset prices in crypto Shib has been forming a baseline for a while
This is a powerful structure that can create fierce movement either way. Look to bitcoin in 2018. Bitcoin did fall there then by roughly 50%. Value cut in half. This is potentially in play for many assets forming a baseline.
If the trend stays green then the move out of this can be up with strength
A move out of the base structure can be very volatile.We are looking in terms of this recent alert for price to stay above trendline less we need to exit position from fear of trend turning against us.. quickly.
When moves fail they can fail fast
Becareful in holding positions that are going against you when in such a base. These base breakouts or breakdowns can be very rapid. For certain strategies we want to ride the trend.
There are other strategies
We try build tools that suit for different strategies in different situations check out the links provided
See you soon
GeorgeOnTV
SHIBUSDTBe prepared for the final and upward wave of BINANCE:SHIBUSDT . Entry and exit points have been identified on the chart.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction:
The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so.
The Coinbase Transfer and Its Impact:
In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer.
The Concerned Tone:
As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations.
Call-to-Action: Taking Profit from SHIB
Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential.
If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy.
Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns.
Conclusion:
The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
SHIBUSDT, in a good opportunity for next bullrunHello guys, Everything is explained on the chart for you like always. Shiba in a good opportunity for the next upward of the market. So you can consider it and monitor the price's actions in the circles to enter or increase your Shiba tokens.
Good luck.
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🔥 SHIBA Bearish Channel: Bear Market Bet!SHIBA has a very decent over the last month or so. It's likely that we get some kind of reversal in the near future. I'm going to increase our bearish chances by waiting patiently for SHIBA to reach the top resistance of the channel.
Yes, this trade playing out would require a continuation of the bear market for the next few months. This could also be considered as a hedging trade.
Stop just above 1400, target at 500, results in a very decent R/R of 7.92
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀
Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈
Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments.
You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token!
I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable!
Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊
Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms.
Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions.
Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
SHIB Shiba Inu Falling Wedge PatternIf you haven`t bought SHIB here:
Shiba Inu (SHIB) is showing signs of a potential reversal after a falling wedge pattern, indicating a possible bullish upswing. This pattern suggests that the downward trend may be losing momentum, and a price recovery could be on the horizon.
Based on this analysis, your price target for SHIB is set at $0.00001100.
Looking forward to read your opinion about it.
Ride the SHIB Trend and Potentially Move Up with DogeAs an enthusiastic trader, you're probably aware of Dogecoin's incredible journey from being a mere internet joke to becoming one of the most popular cryptocurrencies. Its rise to fame has been extraordinary, capturing the attention of seasoned investors and newcomers alike. With SHIB making waves in the market, it's time to explore the potential connection between these two meme coins.
While it's essential to approach meme coins cautiously, recent market trends suggest that SHIB might be riding on Doge's coattails. As Doge continues to gain mainstream acceptance and establish itself as a household name, it's not surprising to see other meme coins like SHIB piggybacking on its success. This positive correlation could lead to a significant upward movement for SHIB, making it an intriguing investment opportunity.
So, why should you consider following the SHIB trend? Well, the answer lies in the potential rewards of early adoption. Like Doge, SHIB has garnered a loyal and passionate community, which has proven to be a driving force behind the success of meme coins. As more people jump on the SHIB bandwagon, the demand for this coin could skyrocket, potentially leading to substantial gains for early investors.
I'm not suggesting putting all your eggs in one basket or abandoning your existing investment strategy. However, keeping a close eye on the evolving relationship between Doge and SHIB could provide you with an exciting opportunity to diversify your portfolio and potentially capitalize on the meme coin phenomenon.
So, what's the next step? I encourage you to research, analyze market trends, and assess the potential risks associated with meme coins. If you find the correlation between Doge and SHIB intriguing, it might be worth considering a calculated investment in SHIB to ride the wave alongside Doge.
Remember, the crypto market is highly volatile, and it's crucial to stay informed and make informed decisions. But with the right strategy and a sprinkle of excitement, you might find yourself riding the SHIB trend to potential gains.