SHIBA. USDT
SHIB / TetherUS BINANCE:SHIBUSDT
In my opinion, this point can be supported.
If Shiba decides to come back.
But it should be noted that the Shiba cryptocurrency has the potential to continue correction in the daily time frame.
Tuesday, October 1, 2024
October 01, 2024 at 10:56AM SHIBA. USDT
DreadKongDotCom DMZ Game Playthrough 403
• October 1, 2024, 10:46 am
• October 1, 2024, 9:28 am
• September 30, 2024, 2:28 pm
October 01, 2024 at 03:01AM Shiba In (SHIB) shows bullish head and shoulders pattern
Shiba In (SHIB) shows bullish head and shoulders pattern
Shiba Inu / Tether US WHITEBIT:SHIBUSDT
SHIB, the second-largest coin, plunged over 8% during Monday’s U.S. market trading hours. The sharp plunge can be attributed to Bitcoin drop below $65,000, with an intraday loss of 3%. With the meme cryptocurrency sector often volatile to new market changes, the Shiba Inu price hints at a potential retest to $x. support. Will the uptober rally sentiment trigger a major reversal?
Since last weekend, the Shiba Inu price witnessed a notable correction from $0.0000217 to $0.0000178, accounting for an 18% drop. The bearish turnaround likely coincides with the broader market pullback as Bitcoin drops below $65,000 on Monday. With sustained selling, the SHIB price could tumble another 9% before retesting suitable support at $0.000016.
The aforementioned level, coinciding with a bullish crossover of 20-and-100-day exponential moving average after 100 days, could recuperate the bullish momentum. The potential reversal will likely reveal a bullish reversal pattern called Inverted Head and Shoulder in daily charts.
The chart setup consists of three lows, where the middle low (the “head”) is the lowest, and the two outer lows (the “shoulders”) are slightly higher. If the pattern holds true, the Shiba Inu price could rebound from $0.000016 and rechallenge the neckline resistance at $0.000022.
On the contrary, if sellers drive a breakdown below the $0.000016 level, the buyers would also lose EMAs support and invalidate the bullish thesis.
Monday, September 30, 2024
September 30, 2024 at 09:35AM resistance from 2021 flipped to support in 2024 :)
resistance from 2021 flipped to support in 2024 :)
SHIB / TetherUS BINANCE:SHIBUSDT
boost and follow for more ❤️🔥 I'm seeing a major trend from 2021 flip to support here on the latest dip, maybe a bit more consolidation down here but a end of year rally is likely and all my targets hitting early 2025 is the most likely scenario 🤔
ill post some more shib updates in the near future, see y'all soon ⚡
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