Second scenarioIn this scenario, a neutral triangle will be formed as the E of a higher-degree triangle. If so, we should wait for January then!
SHIBWETH_2F62F2.USD trade ideas
[SHIB] SHIBA INU could gain up (+112%) to (+162%)If Shiba closes the year above $0.00003340 that is the value area high from sep 2024 and a yearly level will suggest a possibility of increase up to 2021 highs. The momentum is shifting to bullish in the higher timeframes with moneyflow increasing as well, it is above anchored vwap from sep 2021 to now and above poc from sep 2024 lows to its current price. The target is between fibonacci retracement/extension levels, value area high from oct 2021 to nov 2021 and monthly level.
TARGET: $0.00005791 to $0.00007202 up to (+162%)
Bone ShibaSwap ($BONE): Gearing Up for a BreakoutBone ShibaSwap ( TSXV:BONE ) has captured the attention of the crypto community as it gears up for a potential breakout. A vital part of the Shiba Inu ecosystem, TSXV:BONE has emerged as a governance token with unique utility, a growing user base, and a solid infrastructure in the decentralized finance (DeFi) landscape. Here’s an in-depth look into TSXV:BONE , combining technical insights and fundamental analysis.
What Is Bone ShibaSwap (BONE)?
Bone ShibaSwap (BONE) serves as the governance token for the ShibaSwap decentralized exchange (DEX). It allows holders to vote on upcoming proposals, submit new initiatives, and gain access to the ecosystem’s future developments, including NFTs. The token is integral to the Shiba Inu ecosystem, which includes Shiba Inu (SHIB) and Doge Killer (LEASH), and operates on Ethereum.
The ShibaSwap exchange, launched on July 7, 2021, enables users to trade SHIB tokens for other cryptocurrencies. Within this framework, TSXV:BONE acts as a reward and governance tool. SHIB holders can provide liquidity on the platform and stake tokens to earn TSXV:BONE rewards, which are proportional to the staked amount and duration.
Utility and Governance
TSXV:BONE plays a dual role as a utility and governance token. It’s instrumental in enabling the Shiba Army to vote on proposals that shape the ecosystem’s future. With a capped supply of 250 million tokens, TSXV:BONE ensures scarcity while serving as a reward for liquidity providers and stakers.
Market Performance
TSXV:BONE ’s trading volume has seen a 10.90% increase in the last 24 hours, reaching $12,535,369. This uptick indicates heightened market activity and investor interest. It is currently ranked #450 on CoinGecko, with a market capitalization of $170,795,177.
Despite being 95.59% below its all-time high (ATH) of $15.50, recorded on July 7, 2021, TSXV:BONE has shown resilience. Its current price of $0.675 offers a potential entry point for long-term investors. The token’s all-time low of $0.035888, recorded on August 12, 2021, is a stark contrast to its current valuation, representing significant growth.
Ecosystem Integration
BONE’s integration within the Shiba Inu ecosystem as a bridge between SHIB and LEASH enhances its value proposition. The ShibaSwap platform enables users to engage in token swaps, liquidity provision, and staking, further driving the demand for $BONE.
Technical Analysis
As of writing, TSXV:BONE is up 8.24%, reflecting its cooling-off phase following a significant surge in early December. Trading at $0.675, the token is well below its ATH, making it an appealing option for investors looking to capitalize on its recovery potential.
Relative Strength Index (RSI)
The RSI suggests that TSXV:BONE is in a bearish reversal mode, hovering near support levels. This indicates that the token is consolidating after its recent rally, potentially setting the stage for a breakout.
Market Trends
The broader Ethereum ecosystem, of which TSXV:BONE is a part, has outperformed with a 12.70% increase over the past week. However, TSXV:BONE ’s price performance, up 1.20% over the same period, suggests room for growth.
Key Levels
- Support: $0.65
- Resistance: $0.75
A decisive break above the $0.75 resistance level could signal the start of a bullish trend, while a dip below $0.65 might lead to further consolidation.
Opportunities Ahead
1. Increased Adoption: As the Shiba Inu ecosystem expands, TSXV:BONE ’s utility as a governance and reward token is likely to grow.
2. Market Sentiment: The crypto market’s recent bullish sentiment could fuel TSXV:BONE ’s recovery.
3. Community Engagement: The Shiba Army’s active participation in governance could drive TSXV:BONE ’s demand.
Conclusion
Bone ShibaSwap ( TSXV:BONE ) is poised at a crucial juncture. With its robust fundamentals and promising technical setup, the token holds potential for significant upside. Investors should closely monitor market trends and key support/resistance levels to capitalize on TSXV:BONE ’s breakout prospects. As part of the thriving Shiba Inu ecosystem, TSXV:BONE continues to offer a compelling narrative for DeFi enthusiasts and long-term holders.
SHIB broke out from falling wedge 1500% potentialAfter Shib broke out from falling wedge it made 122% move but expect some retest of lower level before going much higher in Q1 Q2 2025
Good entry point could come in late december or january.
I is finishingIt seems that a symmetrical is formed as the final leg of the triangle. So let's wait for the confirmation after breaking the descending trend line.
SHIB’s Impressive Uphill battleI personally am more of a stock trader - I always thought that if I put my analysis to work on a crypto chart, I’d find major opportunity - but, didn’t even want to get involved in any coins other than BTC and ETH. Random DOGE purchase before the first pop on word from a friend - and most recently SHIBA INU prior to its .000045 pop. I’ve returned this month after pulling up a chart and running through recent time frame action, along with the obvious crypto boom approaching with TRUMP. Decided to throw a small amount in both SHIB, DOGE, and ETH.
But specifically analyzing SHIB, I’m seeing incredibly healthy liquidity building and seeing an increase in bullish volume at created levels of demand. Each time we re-tap a demand zone, we essentially confirm it as a liquidity level that was built purposely to establish A) strong demand and B) a more sustained move up. We’re seeing this happen on the LTF and is fitting into our HTF picture as well (I’m talking known resistance from the last large price boom).
We’ve come to reattempt a break of a known HTF level of resistance now - each time adding liquidity to that zone and increasing the potential of this becoming a level of support in the future. From the HTF perspective, we are closing a HTF cup utilizing a previous liquidity level to create the healthy potential of a larger breakout. It can, however, prove to be an impenetrable resistance zone and be at a natural top of range for the time being.
However, what we’re seeing based on the volume and both rejection and support, we see an increase in bullish buying at higher and higher established demand levels and also an decrease in selling at that same HTF supply zone
At the same time, this same process happens on a LTF level and can prove either stronger supply or demand at lower and tighter levels and indicate where we have become more bullish than bearish based on where the HTF needs to go.
Anyway, bullish SHIB and I personally bought some recently at the ..000027 demand and then again where I identified in the video at that .29 demand grab.
Happy trading and weekend all :)
SHIB - Bullish While This Horizontal Is MaintaintedIm quite bullish on alts like shib
I want them to succeed
This horizontal if it doesn't break is a bullish reminder for this coin
Alts are going off soon
G as a flat is finishing.Watch out, apparently, C of the flat, the final leg of the diametric will be forming until next week.
Shib ready for a real deal break out. Stay with me here. A lot of technical converging on one spot. First there’s a wedge on the 4hour/1day chart. East to see. And within that wedge it’s firing at cup and handle right at the break out point of the wedge. So the ,what imma call small cup, is meeting the same break out point as the wedge. That’s a good sight.
Then you get to hit the mega zoom out. On the day or the week. There’s a MASSIVE cup with a baby handle. It’s not super perfect. But it’s there.
All three ROUGHY have the same break out point. If this is true. We could be seeing a huge leap up for shib. I’ve seen some wild number like .03 and such. But after seeing this. It’s not tooooo far off. I could see 100% from here.
BUT forget all the big stuff and bring it back down to the small cup. That is at least a 12% rise if it completes the pattern.
A rocket to freedom! Coming Soon. To a city near you! What’s understood doesn’t have to be explained. SIMPLE, BUY MORE!!!
SHIBA Ino Update 2024-12-7The most probable Targets are shown as mentioned ...
Note : A Personal Idea is NOT enough to trade !
SHIBA INU - Basic market movements tell us an entire storyThis chart emphasizes the technical analysis that fuels the market - by identifying liquidity levels and areas of clear support and resistance we can see clearly what both buyers and sellers need to do on a LTF in order to achieve their HTF goals and reach their targets. Both sides want to go in their respective directions however both sides need to give up rope against them in order to continue in their direction -
So the question is: who is giving up slack to who and on which time frame? We can assume in an uptrend that buyers are giving slack to the sellers (price moving down on a LTF) so that more buyers can step in and move price up on a HTF. We can surmise that that's what is happening on this chart when we see sustained bullish movement and controlled pullbacks toward new demand. In addition, the intentional creation of resistance and liquidity (cup N handles) prove this on a deeper more back-end level.
Happy Trading :)
shib is going to explode !#shib is completing an ABCDE triangle elliot wave type as a correction because of the divergence at the top it can make a correction as i mentioned it in the notes after that it can fly and make a huge profit again !
Try againYesterday's candle touched a Demand Zone, is SHIB going to try and get close to the Resistance area. CCI indicator levels and RSI levels are very good please keep an eye on SRSI levels. Stay encouraged and stay safe don't bet the farm.
SHIB will moon when it breaks trendlineSHIB looks to be in accumulation zone and will moon once trend line breaks above.
Not investment advice
Shiba pullback to lift!Pullback for the biggest dog in crypto. 💪🏾📈🔥🔥🔥
I am not a financial advisor. Trade at your own risk…!
SHIB Bullrun Target $0.0003 (10x)Shiba is trending well. Had a Golden cross in April and MACD cross in September. Higher lows on the weekly. Bounced off the 100 Week Moving Average in September.
Shiba Prints a Triangle, When Will It Break?Here on COINBASE:SHIBUSD we can see recent Price Action is outlining a Triangle Pattern having Pushed up through the Sept. Highs after the Pro-Crypto Trump Administration won the Presidency, and being rejected from May Highs!
Price has been able to find Minor Support in the .000023 - .000022 area, but based on Tests 1 and 2 of the Falling Resistance showing Less Volume with each touch, Buyers seem to be losing their strength.
Every Trendline needs at least 3 Tests to Validate their Strength and Probability of holding Price and we are currently waiting on that 3rd Test potentially in the .000027 area.
-If the Falling Resistance is able to hold Price, we could see it decline to the nearest area of Structure being the Support from the Sept. Highs @ .000021 - .000020
-If the Falling Resistance is broken, Price creating a new Higher High must be followed by a significant amount of Volume Validating the Break otherwise it could be a False Break!
The 200 EMA and DSR have printed a Golden Cross increasing the probability of Bullish moves to come!
Indicators:
- Price Trading Above 200 EMA
- RSI Above 50
- BBTrend Printing Green Bars
LevelsGreetings
SHIB on the monthly needs to close above March 2024 closing price to continue the uptrend and not form a double top and have a possible price reversal. RSI and SRSI are very healthy for now. Have a safe day
BattleGreetings
SHIB RSI is around 70 it is in an uptrend and RSI levels for overbought is 80, SHIB is above 10 and 50 EMA, even though SHIB at the moment is engulfed in an old Supply Zone there is still and unfilled Wick above it. SHIB may be engulfed in an old Supply Zone and it has two major resistances to surpass before getting close to all time highs.
Have a safe day
