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Showing posts with label Chart. Show all posts
Showing posts with label Chart. Show all posts

Tuesday, July 30, 2024

EUR/USD, GBP/USD, DXY Price Forecast: DXY Breaks $104.50; More Gains Ahead? - FX Empire

Sunday, July 28, 2024

July 28, 2024 at 08:36PM SHIBAUSDT 1W

SHIBAUSDT 1W

Shiba Inu/Tether OKX:SHIBUSDT

SHIB ~ 1W

#SHIB This support block would be a very interesting buy for now.
We will place small purchases here. Expect a 20%+ increase at minimum.


Saturday, July 27, 2024

July 27, 2024 at 05:14PM ShibINU usdt 4H

ShibINU usdt 4H

SHIB / TetherUS BINANCE:SHIBUSDT

pattern head & sholder and vej
Long
entery : 0.01690
stop : 0.01660
tp1 : 0.018
tp2 : 0.020


July 27, 2024 at 01:46PM shiba bearish ???!!!!

shiba bearish ???!!!!

SHIB / TetherUS BINANCE:SHIBUSDT

we see bearish market for shiba . this coin going to die?
its daily time frame and its will take time


July 27, 2024 at 09:53AM SHIB: Breakout or Consolidation?

SHIB: Breakout or Consolidation?

SHIB / TetherUS BINANCE:SHIBUSDT

The trading volume is 88.414B SHIB, indicating significant market activity.
Parabolic SAR indicates a potential bullish trend with the SAR at $0.00001652.
The SMA is at $0.00001705, indicating that the current price is slightly above the moving average, which can be a bullish sign.
The histogram value is 0.00000011, MACD line is -0.00000001, and the signal line is -0.00000012, indicating a neutral trend but showing signs of a potential bullish crossover.
%K at 78.02 and %D at 82.52, indicating near overbought conditions.
The RSI stands at 55.80, suggesting that SHIB is in a neutral zone with a slight bullish bias.

Market Sentiment

The market sentiment for SHIB appears cautiously optimistic. The MACD is showing signs of a potential bullish crossover, while the RSI and Stochastic Oscillator indicate neutral to near overbought conditions.

Potential Market Scenarios

Bullish Scenario:

A decisive break above the dynamic resistance at $0.00001755 could lead to further upward movement, targeting higher resistance levels around $0.00001800.

Bearish Scenario:

If SHIB fails to break above the dynamic resistance, it could retest the support levels at $0.00001677 and $0.00001598. A break below $0.00001598 could signal further declines.
When to Buy SHIB for Investment

Current Situation:
Given SHIB's current price at $0.00001723 and the technical indicators suggesting potential consolidation or a slight bullish trend, a cautious approach is warranted.

Optimal Buying Strategy:

Wait for a Breakout or Dip: Watch for a breakout above $0.00001755 for bullish confirmation or wait for a dip towards the solid support level at $0.00001598.
Solid Support Level: If the price drops further, the solid support at $0.00001598 is a strong level to consider for investment. Historically, SHIB has found significant buying interest at this level, making it a safer entry point.
Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips.

Conclusion and Market Outlook
SHIB is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential consolidation in the short term, the MACD showing signs of a bullish crossover and overall market activity suggest room for growth.

Impact of Bitcoin:
It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including SHIB. Monitoring BTC's price action is vital for understanding potential risks to SHIB's price movements.


Sunday, July 21, 2024

July 21, 2024 at 06:50AM SHIBUSDT.P

SHIBUSDT.P

The flag pattern has broken down and my expectation here is to continue down the length of the flag


July 21, 2024 at 05:22AM Buyers are in control.

Buyers are in control.

On the daily timeframe, the 50-day moving average has been broken and prices have stabilized above it. This indicates that buyers are poised to push prices to higher levels, as shown in the chart.

Personally, I will be accumulating purchases in these areas.


Saturday, July 20, 2024

July 20, 2024 at 10:32AM shiba

shiba

SHIB / TetherUS BINANCE:SHIBUSDT

shiba technical analysis basically on elliott waves principles
shiba can be make new high as a wave 3
wait and watch


[STRAX]: 2024-2026 CryptoMadden.com Presents: Monthly Chart Analysis About Cryptocurrency Stratis πŸͺ™

Friday, July 19, 2024

July 19, 2024 at 12:47PM THE GOLDEN RETURN OF SHIBA

THE GOLDEN RETURN OF SHIBA

SHIB / TetherUS BINANCE:SHIBUSDT

Depending on the low time frame the first activation for SHIB/USDT
We expect that there is a good chance of an increase in volume.

in the coming time, we will follow SHIBAUSDT
The top NO 1 USDT whale holds the most SHIBA.

Shiba is a value coin that is doing an unexpected increase over time.


DreadKongDotCom DMZ Game Playthrough 326

Tuesday, July 16, 2024

BOJ Appears To Have Intervened Last Friday Too, But Market Sells Yen Anyway - Seeking Alpha

Monday, July 15, 2024

DXY, EURUSD, And GBPUSD: Preparing For US Inflation Data - Daily Price Action

Sunday, July 14, 2024

July 14, 2024 at 06:44AM SHIBA INU HOT UPDATE

SHIBA INU HOT UPDATE

SHIBUSDT SPOT BYBIT:SHIBUSDT

I'm short now on shiba, MY target is on first zone, cause this gathering of support needs alot of attention, be carefull, this area is very important, the price may reject, or skip this area with high momentum, to skip every one of them, we should get some confirmation to reach SSL to have touch the liquidity zone.


Saturday, July 13, 2024

July 13, 2024 at 02:12AM SHIB Possible Actions

SHIB Possible Actions

SHIB / TetherUS BINANCE:SHIBUSDT

Patience is your asset here, nothing crazy happening but SHIB need to cross 2 resistance to go bullish otherwise lower lows will manifest


Friday, July 12, 2024

July 12, 2024 at 03:48PM Walkies!! - SHIB/USDT

Walkies!! - SHIB/USDT

SHIB / TetherUS BINANCE:SHIBUSDT

went below the 786 there so i think- correction over, so treating these minor waves on alts as 1-2's from here, i thnk probably 3.618 here just because of overhead resistance on the left


Wednesday, July 10, 2024

July 10, 2024 at 02:29PM SHIBA INU | Short term outlook

SHIBA INU | Short term outlook

SHIBUSDT SPOT BYBIT:SHIBUSDT

After liquidation, shiba is now on correction trend same as major crypto drivers.


July 10, 2024 at 11:35AM SHIB is ready for PUMP!

SHIB is ready for PUMP!

SHIB / TetherUS BINANCE:SHIBUSDT

#SHIB in dayli timeframe is in a bullish structure and recently touched its S2D flip zone and made a SCOB confirmation.
So it can go up from here , specially because of its upside momentum and last downside momentum .

Its not a financial advice ,DYOR.


Tuesday, July 9, 2024

July 09, 2024 at 12:24PM SHIBUSDT.1D

SHIBUSDT.1D

SHIB / TetherUS BINANCE:SHIBUSDT

In my technical analysis of the SHIB/USDT daily chart on Binance, I focus on the trend behaviors and key indicators that could provide insights into future price actions.

The chart reveals a volatile journey for SHIB/USDT, particularly noticeable in the sharp spike and subsequent fall during early 2024, characterized by point A on the chart. This volatility has since tapered into a descending triangle pattern, indicating a potential continuation or reversal could be forthcoming.

Firstly, let's consider the support (S1) and resistance levels (R1, R2). Currently, the price has stabilized near a critical support level (S1) at approximately $0.00000853. This level is crucial as it has historically acted as both support and resistance, suggesting a strong psychological price point for traders.

Resistance levels are identified at $0.00002019 for R1 and higher at $0.00004567 for R2. Overcoming these levels would require significant bullish momentum, likely driven by broader market trends or specific catalysts affecting SHIB.

The Relative Strength Index (RSI) is near the 50 mark, indicating neither overbought nor oversold conditions. This neutrality suggests a potential for either movement direction, depending heavily on market sentiment and upcoming news or events that could sway investor behavior.

The MACD, while currently below the signal line, shows signs of converging. A crossover above the signal line could be a bullish indicator, suggesting an increase in upward momentum. However, the histogram reflects minimal momentum in either direction, reinforcing the current market uncertainty.

Given this analysis, the immediate strategy would be to watch for a decisive break either above R1 or below S1. A break above R1 could suggest a potential trend reversal, targeting further resistance at R2. Conversely, a fall below S1 could confirm the continuation of the bearish trend, potentially leading to new lows.

In conclusion, my focus will remain on these critical thresholds (S1 and R1), monitoring for significant price movements that could indicate a larger trend change. The balance between observing technical signals and staying informed on market-wide influences will be essential in navigating SHIB/USDT’s future movements effectively.


July 09, 2024 at 10:30AM shiba

shiba

SHIB / TetherUS BINANCE:SHIBUSDT

shiba inu technical analysis basically on elliott waves principles
shiba can be make a new high
wait and watch