December 09, 2024 at 06:56AM SHIB/USD Trendline Breakout

SHIB/USD Trendline Breakout

SHIB / TetherUS BINANCE:SHIBUSDT

commoditystockmarket

SHIB/USD is showing signs of a trendline breakout above the resistance level at **0.00003997**. A confirmed breakout and sustained price action above this level could trigger an upward rally.

Entry: Above 0.00003997 in weekly candle
Stop Loss:Place below the breakout candle or trendline (depending on your risk tolerance).
Targets:
First Target (T1):0.00005216
Second Target (T2):0.00006705
Final Target (T3): 0.00008697

Key Notes
- Ensure proper risk management as cryptocurrency markets are volatile.
- Look for volume confirmation to validate the breakout.
- Monitor for potential retests of the breakout level for added entry opportunities.

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EURUSD, Dow Forecast: On Edge Ahead of Key US Data - FOREX.com US

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• December 9, 2024, 8:28 am

December 09, 2024 at 02:29AM SHIB-USDT. Has it much more bite in it's bark- Alt special

SHIB-USDT. Has it much more bite in it's bark- Alt special

SHIB / TetherUS BINANCE:SHIBUSDT

Jeshua1212

SHIB is looking to break from resistance so trade on breakout with volume. The Fib on SHIB is set so TP's are marked on the chart in green in the side bar. Support is at trendline-bottom. Let's ask for a good return on initial when doubled and let it run. All the best

December 08, 2024 at 07:03AM SHIP/USDT 15 MİN

SHIP/USDT 15 MİN

SHIB / TetherUS BINANCE:SHIBUSDT

aydinbirc

Fibonacci Retracement Levels:

The chart displays key Fibonacci retracement levels, such as 0.236, 0.382, 0.618, and 0.786.
The current price is at 0.00003195, very close to the 0.786 Fibonacci level (around 0.00003190). This level often acts as a significant support or resistance point.
Marked Zones:

Horizontal support and resistance levels are highlighted on the chart:
0.00003272 appears to be a resistance level.
0.00003086 is marked as a potential support level.
The price seems to be consolidating near these zones.
Potential Bearish and Bullish Scenarios:

The price has tested the same resistance level twice, suggesting a double top formation, which could indicate a potential reversal.
If the resistance is not broken, the price might retrace further to lower Fibonacci levels (e.g., 0.00003086 or lower).
If the resistance is broken, the price could head toward the next target at 0.00003303.
Indicators and Performance:

On the bottom-right corner, the trading volume (14.7T) and daily price change (-0.06%) for SHIB/USDT are shown.
The performance chart highlights percentage changes for different timeframes (e.g., +66.60% for the past week, while the daily performance is flat at -0.06%).