October 13, 2024 at 12:24AM Shiba (SHIB) – Return to the Right Shoulder of a Head & Shoulder

Shiba (SHIB) – Return to the Right Shoulder of a Head & Shoulder

SHIB / TetherUS BINANCE:SHIBUSDT

rebenga93

On the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level.

Trading Scenario:

• Long: If the resistance is broken, aim for the next resistance level to take profits.
• Short: If the price is rejected at the resistance, a pullback to lower levels is possible.

October 12, 2024 at 12:00PM SHIB SHORT IDEA - 1000SHIB FUTURES SHORT

SHIB SHORT IDEA - 1000SHIB FUTURES SHORT

1000SHIB / TetherUS PERPETUAL CONTRACT BINANCE:1000SHIBUSDT.P

UA_CAPITAL

Price hit to supply zone and looks pretty heavy imo. LTF market structer shifted and it gave me confident to enter short side. I am also awaiting bitcoin to drop a litle (see my bitcoin chart on my profile) so they can work together.

Targets can be seen on the chart.

Nothing i share is financial advice. Education purposes only.

DreadKongDotCom DMZ Game Playthrough 409

DreadKongDotCom DMZ Game Playthrough 409

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October 12, 2024 at 03:34AM Shiba Inu Positioned for Another Rally

Shiba Inu Positioned for Another Rally

SHIBA INU/TETHER USD BITMART:SHIBUSDT

KlejdiCuni

Shiba Inu Positioned for Another Rally

Shiba Inu recently broke out from a bullish channel, positioning the price for an upward movement.
On the 60-minute chart, we also see a small triangle pattern indicating a second accumulation phase, increasing the likelihood of a bullish trend emerging soon.

A very strong resistance is expected near the top of the channel pattern. If the price moves above this initial resistance zone, it should further boost the bullish momentum.

You may find more details in the chart!
Thank you and Good Luck!

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