Shiba is still in a downward trend and still very weak momentum and low volume, and still inside the triangle and trend, should volume pick and build momentum enough to break out of the trend then entry should be adjusted at point of retest to ride the trend.
NB' SHIBA and most meme coins are very volatile and manipulated, so if taking this trade with caution and tight S.L
on shibusdt the market is heading for our TP clearing the sellside liquidity before taking off
In the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor.
We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
In my opinion SHIB is playing a WXY correction for 2nd wave . So SHIB if you hope to buy SHIB for the bull run best range to buy is 0.0000081-0.00000395. DYOR
I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article:
Shiba is "touching" EMA200 and descending triangle is still in play - probably not for long ;). FIB retracement is close to 0.786. Looks like good entry point for medium to long term
A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar.
If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+
weekly MACD: doubled bullish divergence at the pivot point, golden crossed and above baseline supporting the uptrend continuation when retesting the baseline.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Adam and Eve pattern forming during accumulation phase of Shib
Curious to see what others think about this.
This is the closest I have seen to this formation in any of the alts on the long list.
The weekly time trend line has been broken, ,And about to pass the Como cloud... it seems that it can grow high.
Most likely this wave is the third wave, a strong rise coming to SHIB
If you haven`t bought SHIB before that big rally:
What one does, the rest follows... It works both ways.
It worked from the ground up, it will work in reverse.
All the charts I am seeing are bearish now, those Altcoins paired with Tether.
Maybe, only those BTC pairs (ALTSBTC) will survive this time around, actually, will thrive.
I've been sharing those for a while so you better prepare to protect your folio or else it will drop by 30-40%, by the time you decide to take action if you didn't do so in advance it will be too late.
The market moves in cycles... Shiba Inu, ok!
We were early for the last call for a drop on Shiba Inu, which only gives more strength to the current chart setup.
We have a double top and bearish divergence with the RSI since August, pretty strong.
Bear volume going up and the RSI bearish, going down with a reading below fifty (43.57) now.
We ride the waves... It went up, we went up.
It goes down... We stay up!
Namaste.
SHIB is currently making bullish flag pattern on Weekly tf.
Still it is in range you can see how beaufifully it reject from mid range.
Last Target 0.00003.
ALTs Mini Bull Run Guys.
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The target are shown on the chart. You can enter the trade at the current market price.
Kindly give a like and share my idea.
Disclaimer. This is not a finanacial advice but for educational content only.
SHIBA INU X10 project potential 2025
support level
take profit levels
fibonnaci extention
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.
I applied the FRV fixed range volume on weekly 
SHIB chart on Binace future.
AS we said before we are looking for a heavy pump here and targets and resistances are also mentioned on the chart with red zones and soon after a maybe range here more pump is expected and at least another +100% is ahead.
DISCLAIMER: ((trade based on your own decision))
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Having a great hype behind it SHIB really shows a great chart layout. I see 2 triangles forming a position great for breakouts. The breakout of the first triangle could lead to the breakout of the other one. Pretty basic analyses but if a chain breakout happens SHIB will be one of the best gainers. I suggest investing a smaller amount and forgetting it a couple weeks, months.
