As we said before we are looking for more pump here and soon we can expect continuation of this pump from our daily supports which are mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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SHIB after a strong upward movement is forming a long wick candle at a key level and a value zone on the weekly chart. Please Watch out for signs of reversal on Sunday, weekly candle finish printing tomorrow. Be very careful
All details are drawn on the chart
Breaking the support area doesn’t mean that it’s a good chance to buy although I don’t think that it will
So waiting till the end of this year to reach my Goals
Hello, friends! 🚀
Today, I'm reviewing the SHIBA cryptocurrency and want to share my latest forecasts with you! 📊 This coin is attracting a lot of attention, and I see great potential in it. Below is my entry strategy and key levels.
🔝 Entry setup with a risk/reward of 1/5 🔝
📊 My Strategy:
🟢 Buy Zone: $0.000022 - $0.000023
📈 Targets (Take Profit):
TP1: $0.000025
TP2: $0.000028
TP3: $0.000032
🛑 Stop-Loss: $0.000021
Don’t forget about risk management! Cryptocurrency is a highly volatile market, so make sure to do your own analysis before making decisions.
We see potential consolidation on the SHIB H4 chart. The support zone has been retested, and now it’s time to retest the resistance level at 0.028. Potential uptrend of +18%. Good luck!
DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing.
They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis.
Which one are you rooting for this altseason?
Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason:
DOGEUSDT 
SHIBUSDT
We are looking for more pump here even to targets like 0.000045$ and more and soon we can expect this pump happen and hit our next targes which are red zones on chart.
also major supports are mentioned on the chart because we may have short-term fall first.
DISCLAIMER: ((trade based on your own decision))
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SHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow.
Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024.
I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone.
SL: 0.0152
TP: 0.0456 (Spring 2024 high)
Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SHIBA INU, 📚💣
As observed, a significant influx of trading volume has entered the market for this asset. Moreover, this asset is backed by one of the largest media platforms and communities in the global cryptocurrency space, enhancing its influence and market visibility. 📚🎇
Despite the current momentum, there is a possibility of the price declining further to the next lower Fibonacci support level.📚✌
However, following this potential dip, we anticipate a renewed upward movement, leading to a recovery and subsequent price increase. 🎇💡
🧨 Our team's main opinion is Significant trading volume has entered this asset, supported by one of the largest crypto media communities. The price may dip to a lower Fibonacci level before likely rebounding. 🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
As my weekly analysis is happening for good strong buying is in and now the support level for shib @0.000025 is very good for buy so don't miss it
If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0000283$ and take profits at the levels shown in the chart.
Targets:
1. 0.000029$
2. 0.0000307$
3. 0.0000327$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
PLEASE TRADE AT YOUR OWN RISK reason 15 min ob respect with 4 hour zone and for upper lqd zone tare at your own risk
Great job to SHIB Holders and the bulls.
Now keep an eye on the new consolidation pattern on the 15 min TF, watch out for break out and volume in either direction.
Here we have the puppy of the hour. Breaking through resistances and trying to reach old highs. Here we have SHIB on the 15 min chart on and upward parallel channel, will it see a pull back in few hours or will it break out the structure and make new highs?
Positives- Green candles over the 21 and 50 and 100 EMA in upward parallel channel on 15 min chart.
Weekly cup and handle forming.
Caution- RSI and SRSI flashing overbought, pullback could possibly come in a few hours?
Is the double bottom formation complete even though the day chart candle did not print yet? there is a possibility of a slight pull back, a correction? hypothesizing because of the double bottom and the successful and blessed positive move after that.
Positives- weekly candle is above the 50 EMA
Day candle currently over 21 and 50 EMA
Weekly Chart has cup and handle forming
Negatives- SRSI and RSI and CCI on day chart both indicate asset is overbought. Very close to a key level possible resistance.
**Description**:
This trading idea centers on **SHIB** (Shiba Inu), a cryptocurrency initially created as a meme token but has since evolved into a multifaceted ecosystem. SHIB has gained massive popularity, thanks to its large and active community, which drives its adoption and market value. The Shiba Inu ecosystem now extends beyond just a token, with features like ShibaSwap (a decentralized exchange), NFT projects, and the development of its own metaverse initiative, adding value and utility to its ecosystem. SHIB's strong community support and ongoing developments indicate long-term potential in an increasingly competitive crypto market.
However, it is important to recognize that the market for meme and community-driven tokens like SHIB is highly volatile and can be heavily influenced by shifts in sentiment, social media trends, and regulatory developments. As a result, trading in SHIB requires careful consideration of market dynamics and a disciplined approach to risk management.
**Disclaimer**:
This trading idea is provided for educational purposes only and should not be considered financial advice. Cryptocurrencies, including SHIB, are highly speculative and involve substantial risk, including the possibility of losing your entire investment. Always conduct thorough research, assess your financial position, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.
As we said before we are looking for high potential pump here like the green arrows on chart.
also major daily supports and resistances are all mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚>
I think SHIB in next weeks can reach higher levels and soon we are expecting our target which is 0.00002220 $ to be hit
