SHIBA is rising !
SHIB / TetherUS BINANCE:SHIBUSDT
#SHIBA hit a good demand zone this coin didnt make a big rise when doge was flying so i think its time for payback !
Showing posts with label News. Show all posts
Showing posts with label News. Show all posts
Wednesday, December 25, 2024
Sunday, December 22, 2024
DreadKongDotCom DMZ Game Playthrough 458
• December 21, 2024, 7:43 pm
• December 21, 2024, 4:28 pm
• December 21, 2024, 4:00 am
• December 20, 2024, 9:48 pm
• December 20, 2024, 2:39 pm
Saturday, December 21, 2024
December 21, 2024 at 07:05PM SHIBUSDT.1D
SHIBUSDT.1D
SHIB / TetherUS BINANCE:SHIBUSDT
This analysis explores the daily chart of Shiba Inu against Tether (USDT) on the Binance exchange, focusing on its recent price activity and potential future trends.
Price Action and Trend:
Shiba Inu has exhibited a sideways trading pattern over the last few months, marked by several peaks and troughs within a defined range. This consolidation reflects uncertainty in the market sentiment, indicating indecision among traders.
Key Technical Levels:
Resistance Levels (R1, R2):
R1: $0.00003364 - This level has served as a tough barrier for price advances in the recent past.
R2: $0.00004563 - A break above R1 could expose this higher resistance, which has historical significance from previous peaks.
Support Levels (S1, S2):
S1: $0.00001963 - This level has consistently provided support, preventing further declines during sell-offs.
S2: $0.00001035 - Should S1 fail, S2 is the next crucial level, which could act as a potential floor for price.
Technical Indicators:
MACD: The MACD line is below the signal line, indicating bearish momentum. However, the proximity of the lines suggests that the negative momentum is waning.
RSI: The RSI stands at around 40, which is closer to the oversold territory but still neutral, hinting that there might be some room for downward movement before the asset becomes technically oversold.
Volume and Market Sentiment:
The trading volume has not shown significant spikes, which corroborates the ongoing price consolidation without clear directional bias.
Conclusion and Forecast:
The current market structure of SHIB/USDT points towards continued consolidation within the identified levels until a significant catalyst or volume influx can provide a clearer direction. The proximity to support at S1 suggests a cautious approach; if this level holds, we might see attempts to test R1 again.
Trading Strategy:
Bullish Scenario: Should the price bounce off S1 with increasing volume, a long position aiming for R1, with a stop loss below S1, could be considered.
Bearish Scenario: A breakdown below S1, particularly on high volume, might open positions targeting S2, setting a stop loss just above S1 to mitigate risks.
Summary:
SHIB/USDT is currently in a phase of consolidation, with key support and resistance levels clearly defined. Traders should monitor these levels closely for potential breakouts or breakdowns, which will dictate the medium-term price direction. The technical indicators suggest a bearish bias, but the situation remains fluid, and shifts in broader market sentiment or fundamental developments specific to Shiba Inu could heavily influence future movements.
December 21, 2024 at 06:57AM SHIB/USDT: The Cup & Handle Setup That Could Spark a Rally
SHIB/USDT: The Cup & Handle Setup That Could Spark a Rally
SHIB / TetherUS BINANCE:SHIBUSDT
Shiba Inu (SHIB) is showing a textbook Cup and Handle Pattern on the daily chart, a bullish continuation structure signaling the potential for a significant breakout. Currently trading around $0.00002216, SHIB seems poised for a dramatic move higher as it approaches the handle's resistance.
Key Pattern Insights:
Cup Formation:
The rounded base indicates a prolonged accumulation phase, signaling a shift from a bearish sentiment to a neutral or bullish outlook.
SHIB retraced steadily, forming higher lows and maintaining strong support around the $0.00001700-$0.00001900 range.
Handle Development:
The price is consolidating in a descending channel, forming the classic "handle" portion of the pattern.
This consolidation is a healthy retracement, allowing bulls to recharge before attempting a breakout.
Breakout Target:
Upon breaking the neckline resistance at $0.00002500, the Cup and Handle's projection targets $0.00004400, nearly doubling the current price.
The measured move aligns with the height of the cup added to the breakout point.
Support and Resistance Levels:
Immediate Support: $0.00002100 remains critical for the handle's continuation. A failure to hold this level could delay the breakout but does not invalidate the bullish structure.
Key Resistance: $0.00002500 acts as the neckline. A confirmed daily close above this level will ignite the next leg higher.
Momentum and Volume:
The volume profile confirms increasing interest during the cup's formation, with a slight tapering during the handle—a pattern characteristic of strong setups.
Momentum indicators suggest room for growth, further supporting the bullish outlook.
Potential Scenarios:
Bullish Breakout: A decisive breakout above $0.00002500 opens the door for SHIB to rally toward $0.00004400, completing the Cup and Handle formation.
Pullback and Retest: A brief retest of the $0.00002100 support zone before resuming upward momentum would create an ideal entry opportunity for bulls.
Friday, December 20, 2024
December 20, 2024 at 06:48AM long like kingkong
long like kingkong
SHIB / TetherUS BINANCE:SHIBUSDT
this inverse head and shoulder pattern looks like has a good rrr but this 1 is wkly if you cant hold for wks or month look for short tf have a nice trade everyone please comment your suggestions thanks
Dollar Index charges to 2-year high after Fed indicates fewer rate cuts in the pipeline - Seeking Alpha
• December 20, 2024, 10:28 am
• December 20, 2024, 9:28 am
• December 19, 2024, 10:31 pm
• December 19, 2024, 6:28 pm
• December 19, 2024, 2:28 pm
December 20, 2024 at 01:33AM shib long position!
shib long position!
SHIB / TetherUS BINANCE:SHIBUSDT
buy area (0.00001745-0.00001551)
tp1 (0.00003339)-(92%)
tp2 (0.00004566)-(163%)
tp3 (0.00005816)-(235%)
Thursday, December 19, 2024
DXY: Focus next on FOMC next week – OCBC - FXStreet
• December 19, 2024, 11:28 am
• December 19, 2024, 9:28 am
December 19, 2024 at 03:52AM SHIBA TARGETS!
SHIBA TARGETS!
SHIBA INU / TETHER COINEX:SHIBUSDT
The support level of 0.000022 could be the best time to buy Shiba.
The recent correction of Bitcoin could be a good entry opportunity for the remaining altcoins.
SHIBUSDT Shiba is one of these coins with very high targets.
The main growth of Shiba will start with the break of 0.00004.
Don’t forget to follow and boost
December 18, 2024 at 11:33PM #SHIBUSDT (support band )
#SHIBUSDT (support band )
SHIB / TetherUS BINANCE:SHIBUSDT
a strong supportzone are seen.
If a time reaches this range, we will closely monitor its movements.
Wednesday, December 18, 2024
December 18, 2024 at 06:38PM SHIBUSDT.1D
SHIBUSDT.1D
SHIB / TetherUS BINANCE:SHIBUSDT
The daily chart of SHIB/USDT highlights an ongoing consolidation with recent upward momentum, as the market responds to key resistance and support levels. This analysis will delve into the current market structure, key levels to watch, and insights from the technical indicators.
Price Action and Structure:
SHIB/USDT has shown a considerable rebound from lower levels, currently trading around $0.00002317. The chart displays a clear resistance and support framework that influences the current market dynamics.
Resistance and Support Levels:
Resistance Levels: The immediate resistance is observed at $0.00003364 (R1), which has recently been tested. A breakthrough this level may lead to testing the next significant resistance at $0.00004563 (R2), indicating a strong bullish momentum if achieved.
Support Levels: The primary support level is at $0.00001963 (S1). This level is crucial for maintaining the current bullish sentiment. A drop below this point could see the price heading towards $0.00001035 (S2), which would represent a more significant bearish shift.
Moving Averages:
While specific moving averages aren't visible on the chart, their general position relative to the price can provide insights into the trend. Typically, prices above key moving averages suggest bullish conditions, while below can indicate bearish scenarios.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) indicator is close to the baseline with a minimal histogram, suggesting a lack of strong momentum in either direction. This could indicate a consolidation phase or the market awaiting further cues.
RSI: The Relative Strength Index (RSI) at 52.36 is near the neutral zone, which neither confirms overbought nor oversold conditions, supporting the notion of consolidation within the market.
Conclusion:
SHIB/USDT shows potential for further upward movement if it successfully breaches the resistance at $0.00003364. However, the current indicators suggest a cautious approach as the market is not showing strong directional momentum. Traders should keep an eye on the R1 and S1 levels as breakouts or breakdowns from these levels could determine the next significant move in the market. Risk management and close monitoring of emerging market trends and sentiment are advised given the consolidative nature reflected in the technical indicators.
Monday, December 16, 2024
Price analysis 12/9: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX - Cointelegraph
• December 16, 2024, 11:28 am
• December 15, 2024, 2:28 pm
December 16, 2024 at 05:06AM SHIB/USDT Price Prediction - 1W
SHIB/USDT Price Prediction - 1W
SHIB / TetherUS BINANCE:SHIBUSDT
Trend Prediction - SHIB/USDT Forecasting
Resistance and Support Lines
In the weekly time frame, an Cup and Handle pattern is visible on the chart. It will take some time for it to fully develop. It seems that a large uptrend is on the way. Caution is advisable.
Are big events on the way????!!!!!
**** Yousef Sharafi ****
Follow me here for more analysis
Sunday, December 15, 2024
DXY: Tomorrow brings PPI data – OCBC - FXStreet
• December 15, 2024, 8:28 am
• December 15, 2024, 2:28 am
• December 15, 2024, 2:28 am
• December 13, 2024, 1:59 pm
Saturday, December 14, 2024
December 14, 2024 at 04:09PM SHIB Analysis with M. Jenkins’ Secret Angle Indicator
SHIB Analysis with M. Jenkins’ Secret Angle Indicator
SHIB / TetherUS BINANCE:SHIBUSDT
Overview
This analysis applies the M. Jenkins Secret Angle indicator to SHIB, building on the insights and methodologies demonstrated in my previous BTC.D analysis. By examining key historical pivot points, critical dates, and pivotal support angles/resistance levels, we can better understand SHIB’s potential price trajectory.
Historic W4COT Labels
W4COT dates are generated when a specific angle intersects a horizontal level on the chart. Historically, these points have aligned closely with significant SHIB price pivots, affirming the indicator’s predictive utility and increasing confidence in its current projections. The green vertical lines represent timelines to anticipate price movements as well.
50% Square-Out
A critical timing event arrives on January 5th, 2025, as the 50% square-out expires. This date represents a balanced midpoint in both price and time, measured from the March 2024 high down to the swing low. If SHIB were to hover near this midpoint on the date "salmon circle drawn on the chart", this would represent the balance of time and price. If not, the date is still significant to watch for.
Tip:
To add depth to your analysis, plot a Gann Box from the swing low through January 5th, 2026, extending upward to the 25% resistance level. This offers a complementary visual framework that aligns with this indicator and can help identify additional support, resistance, and potential turning points in SHIB’s price structure.
Current Support Angle
Since November, SHIB has maintained a position above a key aqua-colored support angle, suggesting underlying bullish momentum. Holding this line reinforces positive sentiment, while a confirmed break below may signal a move toward lower supportive angles and a potential change in trend dynamics.
Key Observations
- W4COT Dates: Historical markers that often align with meaningful price movements.
- 50% Square-Out (January 5th, 2025): A crucial timing level where price-time equilibrium may yield a decisive change in market direction.
- Support Angle: The aqua trendline underpins a bullish structure. Any breach could trigger a change of trend.
- Gann Box Integration: Drawing a Gann Box enhances angle-based analysis, revealing additional layers of support, resistance, and timing cues.
Note:
For further context and to appreciate the indicator’s reliability, review my previous BTC.D analysis.
December 14, 2024 at 09:46AM Fresh Demand Zone Identified
Fresh Demand Zone Identified
1000SHIB / TetherUS PERPETUAL CONTRACT BINANCE:1000SHIBUSDT.P
Despite potential year-end challenges in the crypto market, it’s crucial to plan for buying scenarios to navigate adverse conditions. For SHIBUSDT, the fresh demand zone highlighted on the chart represents the strongest remaining support level, where buyers are likely to step in.
This zone offers a strategic entry point for long positions. Monitor closely for price reactions and confirm trades with lower time frame signals. Always manage risk effectively in uncertain market conditions.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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LUNA Extended ! Whats with it.
• December 14, 2024, 5:50 am
• December 13, 2024, 11:50 pm
• December 12, 2024, 2:51 pm
Thursday, December 12, 2024
December 12, 2024 at 06:49AM SHIBUSDT - ANALYSIS
SHIBUSDT - ANALYSIS
SHIB / TetherUS BINANCE:SHIBUSDT
Hello friends, I want to share my opinion on SHIBA with you.
As you can see in the chart, since the SHIBA cryptocurrency was released for trading, a trendline resistance has prevented it from increasing too much, and now we have encountered the same trendline again. The failure of this trendline in the weekly free time will increase the price of SHIBA cryptocurrency by at least 150%, and my first target for it is 0.000074, and if this trendline is rejected again, I expect the SHIBA cryptocurrency to fall to the 0.000011 area. To have a safe trade, wait and see what happens.
Trade safe
Wednesday, December 11, 2024
December 11, 2024 at 07:53AM SHIB | ALTSEASON | Another PUMP for ShibaInu?
SHIB | ALTSEASON | Another PUMP for ShibaInu?
SHIB / TetherUS BINANCE:SHIBUSDT
The reason why I argue that SHIB (and many other alts) are still due for increases, is largely because of two reasons : ETH, and the BTC.D chart.
On the topic of ETH new ATH, more info on that reasoning here:
I've been watching (for months) the interplay between the Bitcoin dominance chart, Bitcoin, and the Total3 chart. There's an interesting hidden pattern that exists here if you overlap them together, giving key insights on the timing of the Bitcoin ATH, and Altseason.
More info on that here:
_____________________
SHIBUSDT 
ETHUSDTTuesday, December 10, 2024
DXY: Head and shoulders pattern appears to have formed – OCBC - FXStreet
• December 10, 2024, 10:28 am
• December 10, 2024, 10:28 am
• December 10, 2024, 8:28 am
• December 8, 2024, 11:54 pm
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