#SHIBUSDT
SHIB / TetherUS BINANCE:SHIBUSDT
A recommendation
The main resistance line can be a bold red line
Going through it can be sweet
so
The failure and crossing of the resistance of the red line can be monitored.
Showing posts with label Chart. Show all posts
Showing posts with label Chart. Show all posts
Thursday, September 19, 2024
September 19, 2024 at 01:48AM #SHIBUSDT
September 19, 2024 at 12:22AM Is the Bearish Trend Over for SHIBA?
Is the Bearish Trend Over for SHIBA?
SHIBUSDT SPOT BYBIT:SHIBUSDT
Technical Analysis:
1. Waiting for Reversal:
- The price of SHIB/USDT has fallen by approximately 80% from its previous high, indicating a significant downward trend over the long term.
- The price is at a previous resistance level of $0.000014, which has now turned into support due to the change in structure.
- The key idea here is to confirm the break of the most recent lower high in the downtrend, not just the level of $0.000016. This would indicate a potential reversal to a bullish trend, showing that the downtrend is losing momentum.
2. Bullish Divergences and Momentum:
- Oscillators are showing regular bullish divergences at oversold levels. This suggests that while the price has been declining, there is underlying bullish strength building up.
- Momentum is increasing, indicating a decrease in bearish strength. This momentum change could be the precursor to a possible reversal, suggesting that the bears are losing control and the bulls may take over.
3. Key Levels to Watch:
- Support at $0.000008: This is the extreme entry point, a level where the price has previously bounced. If the price revisits this level, it could provide an attractive entry for a long position.
- Current Resistance at $0.000016: A break and hold above this level could confirm a bullish reversal, but it's crucial to watch for a break above the most recent lower high to gain further confirmation of a trend change.
- Fibonacci Levels: The Fibonacci retracement levels are also showing potential zones of support and resistance, aligning with the price action. A break above the 61.8% Fibonacci level would add further confirmation to the bullish outlook.
4. Potential Entry Points:
- Traders could consider entering at the current price if the market shows signs of reversing, especially if the price can confirm a break above the most recent lower high and the $0.000016 level.
- Alternatively, entering on a pullback towards the $0.000008 level could provide a better risk/reward ratio. This level has historically acted as strong support.
5. Multi-Timeframe Analysis:
- The multi-timeframe trend and ribbon analysis show bearish signals on the higher timeframes, but the lower timeframes (1-hour and 4-hour) are starting to show bullish signs. This divergence indicates that while the longer-term trend is bearish, a short-term reversal might be in play.
- Monitoring these lower timeframes for a confirmed trend reversal is key to timing the entry accurately.
What are your thoughts on SHIB/USDT? Do you see the same potential for a reversal, or do you think the bearish trend will continue? Share your analysis and strategies below.
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The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Monday, September 16, 2024
DXY Coming Back To 101.60-102 Resistance - Barchart
• September 16, 2024, 11:28 am
• September 16, 2024, 9:28 am
• September 16, 2024, 9:28 am
• September 16, 2024, 7:28 am
• September 16, 2024, 4:48 am
Sunday, September 15, 2024
September 15, 2024 at 10:36AM SHIB: Struggling to Break Key Resistance
SHIB: Struggling to Break Key Resistance
SHIB / TetherUS BINANCE:SHIBUSDT
SHIB has shown a consolidation pattern in the last several hours, trading at $0.00001365, with both the 1H and 4H data indicating weak momentum and slight bearish tendencies. Recent whale activity and general meme-coin market interest have supported SHIB’s price, but technicals show a need for stronger momentum to push the price higher.
1H Chart Breakdown: Weak Momentum and Consolidation
On the 1-hour chart, SHIB has been hovering near its Bollinger Band Basis of $0.00001376, unable to gain significant bullish momentum. The RSI at 38.52 signals a slightly oversold condition, while the Stochastic Oscillator (%K at 3.85) is deep in oversold territory, hinting at a potential short-term bounce. However, the MACD is flat, and the ADX at 11.46 indicates a weak trend, suggesting the price might remain in a tight range unless there’s a volume spike.
Resistance: $0.00001387 (Upper BB)
Support: $0.00001365 (Lower BB)
4H Chart Breakdown: Bearish Momentum Building
The 4-hour chart is showing more caution, with SHIB sitting slightly below the Bollinger Band Basis ($0.00001369). The RSI at 49.70 is neutral but points toward a weakening bullish trend, while the Stochastic Oscillator (%K at 25.76) is still in oversold territory, suggesting potential for a brief upward correction. However, the MACD histogram is negative, indicating growing bearish momentum, while the ADX at 12.22 suggests the trend is still relatively weak.
Resistance: $0.00001411 (Upper BB, Parabolic SAR)
Support: $0.00001327 (Lower BB)
Support and Resistance Levels (Across Timeframes):
Immediate Resistance (1H & 4H): $0.00001387 - $0.00001411 (Upper BB, SAR level)
Immediate Support: $0.00001327 - $0.00001365 (Lower BB)
Actionable Strategy: Range-Bound Trading with Weak Momentum
Bullish Scenario:
If SHIB breaks above $0.00001387 (1H Upper BB), it could attempt a push toward $0.00001411 (4H resistance and SAR level). For traders seeking quick entries, look for a bounce confirmation with rising volume.
Bearish Scenario:
A failure to hold support at $0.00001365 could see SHIB testing the $0.00001327 level (Lower BB on 4H), and a break below this could open doors to more significant downside toward $0.00001280.
Action Point: Given the weak ADX and neutral momentum, consider range-bound trading strategies, setting tight stop-losses around $0.00001327 and aiming for modest profit-taking near $0.00001387.
Saturday, September 14, 2024
September 14, 2024 at 04:53AM SHIBUSD View!!
SHIBUSD View!!
SHIBUSDT Perpetual Swap Contract OKX:SHIBUSDT.P
The Shiba Inu
SHIBUSD
community has just received an important notice. As the dog-themed cryptocurrency expands, ShibArmy Scam Alerts has issued a wake-up call for Shiba Inu and the broader crypto community.
In a tweet that ShibArmy Scam Alerts captioned "Protecting Communities from Scams, FUD, and Deception," the Shiba Inu-focused X account urges crypto holders to stay vigilant in the fast-paced world of cryptocurrencies.
Protecting Communities from Scams, FUD, and Deception
In the fast-paced world of crypto, moderators on platforms like Telegram or Discord play a crucial role in keeping the community safe. Their strict approach to rules might seem intense, but it’s essential for protecting… pic.twitter.com/8zoThh9w9X— Shibarmy Scam Alerts (@susbarium) September 14, 2024
Thursday, September 12, 2024
September 12, 2024 at 10:32AM SHIB Shiba Inu Potential breakout
SHIB Shiba Inu Potential breakout
SHIB / TetherUS BINANCE:SHIBUSDT
If you haven`t bought SHIB before the previous rally:
nor sold the top:
Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal.
Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds.
The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500.
This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
Wednesday, September 11, 2024
S&P 500 Consumer Discretionary [Sector] (SRCD) Quote - Press Release - The Globe and Mail
• September 11, 2024, 11:28 am
• September 11, 2024, 11:22 am
• September 11, 2024, 8:28 am
• September 10, 2024, 10:26 pm
Tuesday, September 10, 2024
September 10, 2024 at 09:44AM #SHIB/USDT break the Diagonal Trendline in 4-Hour TF!
#SHIB/USDT break the Diagonal Trendline in 4-Hour TF!
SHIB / Tether PERPETUAL FUTURES MEXC:SHIBUSDT.P
#SHIB/USDT break the Diagonal Trendline in 4-Hour TF!
Wait for a small 4H FVG to be tapped to long it. 
SHIB local resistance level is PWH $0.00001525. #SHIBUSDT is holding PWL $0.000013031 support level.
Monday, September 9, 2024
September 09, 2024 at 09:48AM #Shib can hit $0.001 jan-feb2025
#Shib can hit $0.001 jan-feb2025
SHIB / TetherUS BINANCE:SHIBUSDT
The #shibainu chart saya all it stroy.
Just hold strong
Saturday, September 7, 2024
September 07, 2024 at 10:40AM TRADING STRATEGY FOR 1000SHIB
TRADING STRATEGY FOR 1000SHIB
1000SHIB / TetherUS PERPETUAL CONTRACT BINANCE:1000SHIBUSDT.P
I think it needs to make an attack from here for 1000shib, which is approaching the daily Fibo average.
DreadKongDotCom DMZ Game Playthrough 378
• September 7, 2024, 12:48 pm
• September 7, 2024, 7:28 am
• September 7, 2024, 7:23 am
• September 7, 2024, 6:38 am
Friday, September 6, 2024
DreadKongDotCom DMZ Game Playthrough 376
• September 6, 2024, 11:32 am
• September 6, 2024, 9:02 am
• September 6, 2024, 8:28 am
• September 6, 2024, 7:23 am
• September 6, 2024, 6:32 am
Wednesday, September 4, 2024
September 04, 2024 at 12:55PM #SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
#SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
SHIB / Tether PERPETUAL FUTURES MEXC:SHIBUSDT.P
#SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
SHIB needs to clear the Trendline to turn bullish. Wait for BO/retest to long it. The local resistance level is PDH $0.0000138.
September 04, 2024 at 08:30AM SHIB USDT - FRACTAL Shows Bullish Impulse Next
SHIB USDT - FRACTAL Shows Bullish Impulse Next
SHIB / TetherUS BINANCE:SHIBUSDT
Many altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways.
It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move:
The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading.
Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back :
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SHIBUSDTDreadKongDotCom DMZ Game Playthrough 373
• September 4, 2024, 1:00 pm
• September 4, 2024, 9:28 am
• September 4, 2024, 9:28 am
• September 4, 2024, 8:28 am
• September 4, 2024, 2:09 am
September 03, 2024 at 11:36PM SHIBUSDT Technical Analysis
SHIBUSDT Technical Analysis
SHIB / TetherUS BINANCE:SHIBUSDT
When the SHIBUSDT 4-hour chart is examined; It is observed that the price movements continue in a downward trend. As long as the crypto's 0.00001466 level cannot be passed upwards, it is evaluated that in price movements below the 0.00001254 level, it can break down the 0.00001081 level and retreat to the 0.00000906 level.
Tuesday, September 3, 2024
September 03, 2024 at 12:31PM SHIBUSDT
SHIBUSDT
SHIB / TetherUS BINANCE:SHIBUSDT
We are in a downward trend for several months
We have a descending line, which has been broken with every encounter with the previous support, except for the last wave, when the force of the sellers has decreased, with the breaking of the descending trend line, we can take a long position with a reasonable risk and reward.
Sunday, September 1, 2024
August 31, 2024 at 11:27PM SHIBUSDT TO THE MOON
SHIBUSDT TO THE MOON
SHIB / TetherUS BINANCE:SHIBUSDT
im not a pro trader i hope this prediction is great guys. this is according to my research hope you like guys.....
Thursday, August 29, 2024
August 29, 2024 at 11:08AM SHIB ANALYSIS
SHIB ANALYSIS
SHIB / TetherUS BINANCE:SHIBUSDT
🔮 #SHIB Analysis 💰💰
🌟🚀In daily chart we can see a formation of "Falling Wedge Pattern" in #SHIB. Currently #SHIB falls from its descending trendline. If #SHIB breaks and holds this pattern then we will see a huge bullish move.💲💲
🔖 Current Price: $0.00001440
⏳ Target Price: $0.00002050
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB. 🚀💸
#SHIB #Cryptocurrency #DYOR #PotentialBreakout
August 29, 2024 at 09:44AM Cup and Handle Pattern for SHIB
Cup and Handle Pattern for SHIB
SHIBUSDT SPOT BYBIT:SHIBUSDT
Imagine a refreshing cup of coffee!
Let's break down the **Cup and Handle pattern for SHIB, targeting $0.000017
Look for that classic cup shape, followed by a slight handle. This is your signal that something exciting is brewing!
Watch for the breakout! Once SHIB closes above the handle’s resistance, it's time to dive in. This is where the real journey begins!
Protect your investment! Set your stop loss just below the handle’s lowest point. This keeps your risk in check if the market takes a turn.
Aim for the stars! With a target of $0.000017, calculate your potential profits based on your entry point. Use the height of the cup to project your target upwards!
Is the crowd cheering? Look for increased trading volume at breakout. High volume is like a roaring applause, confirming the momentum!
Keep an eye on the broader market. A bullish trend can give your trade that extra push it needs!
Play it smart! Only risk a small percentage of your capital. This ensures you stay in the game no matter the outcome.
Stay alert, adapt, and enjoy the ride!Happy trading, and may your gains be plentiful!
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