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Saturday, June 29, 2024

June 29, 2024 at 10:48AM 1000SHIB Weekly Forecast

1000SHIB Weekly Forecast

Hey, Traders here we share the weekly forecast! if you want to more details please see our youtube video.


June 29, 2024 at 08:00AM senario for shiba inu

senario for shiba inu

it.s my idea see this and do this better than me you can see it.s future


DXY: U.S. Dollar Index Looks Set to Retest October Highs - TipRanks.com - TipRanks

Friday, June 28, 2024

June 28, 2024 at 10:48PM SHIBUSDT Technical Analysis in Daily Timeframe.

SHIBUSDT Technical Analysis in Daily Timeframe.

SHIBA INU / Tether KUCOIN:SHIBUSDT

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

SHIB/USDT is currently experiencing bearish momentum within a descending parallel channel. Key support lies around the historical support level and the channel's lower boundary.
The RSI indicates that the asset is oversold, suggesting a possible reversal or a corrective bounce in the near term.

Key Elements
~ Trend Channel: Descending channel with lower highs and lower lows, indicating bearish momentum.
~ Support: Initial support around the $0.000017000 area, tested multiple times, and lower support at $0.000013000.
~ Moving Average: Hovering around the 200-day moving average is crucial for potential resistance. A breakout above this resistance will likely indicate a rally toward $0.0000234.
~ Bullish Divergence: RSI is crucial at 31.12 in oversold territory, with potential bullish divergence suggesting a possible trend reversal.

Best entry for spot holding on SHIB: $0.000015 to $0.000013.

Mid-term Targets: $0.0000262 to $0.000043.

DYOR. NFA.

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DXY: U.S. Dollar Index Poised to Display Strength Near Term - MSN