September 21, 2024 at 04:48PM Long trade

Long trade

SHIBUSDTPERP PERPETUAL MIX CONTRACT BITGET:SHIBUSDT.P

davidjulien369

Buyside trade idea Based on the Whykoff method
Fri 20th 24 8.00 pm (NY time)
LND Session PM

Pair SHIBUSDT Entry 0.000014385
Profit level 0.000017161 (19.30)
Stop level 0.000014064 (2.23%)
RR 8.65

September 21, 2024 at 02:10PM SHIBUSDT PERPETUAL is now moving in uptrend!

SHIBUSDT PERPETUAL is now moving in uptrend!

SHIBUSDT Perpetual Swap Contract OKX:SHIBUSDT.P

Indextrader_praveen

SHIBUSDT PERPETUAL is now moving in uptrend!

RESISTANCE is between 0.000014648 and 0.000014414

SUPPORT is between 0.000013153 and 0.000012713

RESISTANCE IS broken and price coming for retest.


ENTRY POINT :- 0.000014638
TAKE PROFIT :- 0.000015350
STOP LOSS :- 0.000014170

US Dollar faces moment of truth with Fed rate decision on deck this Wednesday - FXStreet

US Dollar faces moment of truth with Fed rate decision on deck this Wednesday - FXStreet

• September 21, 2024, 7:28 am

DreadKongDotCom DMZ Game Playthrough 391

• September 21, 2024, 6:00 am

DreadKongDotCom DMZ Game Playthrough 391

• September 21, 2024, 5:23 am

Currency recap: U.S. dollar falls amidst speculation of larger Fed rate cut - Seeking Alpha

• September 21, 2024, 3:28 am

DreadKongDotCom DMZ Game Playthrough 392

• September 20, 2024, 9:23 pm

Currency recap: U.S. dollar falls amidst speculation of larger Fed rate cut - Seeking Alpha

Currency recap: U.S. dollar falls amidst speculation of larger Fed rate cut - Seeking Alpha

• September 19, 2024, 2:28 pm

September 20, 2024 at 05:00AM SHIB price breakout rally ready to top $0.000028

SHIB price breakout rally ready to top $0.000028

SHIB / TetherUS BINANCE:SHIBUSDT

Coinpedia-Market-Insight

Falling Wedge Pattern: SHIB experienced a 67% price drop from March to September, forming a falling wedge pattern, indicating a possible bullish reversal.

Double-Bottom Formation: Shiba Inu's price has shown a lateral trend, breaking above the overhead trendline, signaling a potential double-bottom reversal pattern.

50-Day EMA Resistance: The recent recovery rally is testing the 50-day EMA as the next significant resistance level for SHIB’s price action.

12% Price Recovery: SHIB has seen a 12% recovery, forming four consecutive bullish candles, indicating renewed buying momentum.

RSI Turning Bullish: Despite the July death cross, the RSI remains bullish and is approaching overbought territory, suggesting strong buying pressure.

Intraday Gain of 2.20%: SHIB is currently trading at $0.00001440 with an intraday gain of 2.20%, continuing its upward trajectory.

200-Day EMA Target: If SHIB surpasses the 50-day EMA, the next target is the 200-day EMA at $0.00001683.

Psychological Resistance at $0.000020: After breaking the 200-day EMA, the $0.000020 mark stands as a crucial psychological resistance level.

Key Resistance at $0.000028: Beyond the psychological resistance, the next key resistance level to watch is $0.000028.

Support at $0.00001297: The crucial support level for SHIB lies at $0.00001297, which has held through the recent downtrend.

Weekly Chart Bearish Pullback: SHIB remains in a pullback phase, trending below the 50W EMA on the weekly chart, indicating short-term bearish sentiment.

Long-Term Potential for 10X Rally: Based on Fibonacci levels, SHIB could reach the 1.618 level at $0.0001050 in the next bull run, offering nearly 10X returns.

US Dollar Forecast: DXY Weakens as Fed Cuts Rates to 5%; GBP/USD and EUR/USD Outlook - FX Empire

US Dollar Forecast: DXY Weakens as Fed Cuts Rates to 5%; GBP/USD and EUR/USD Outlook - FX Empire

• September 19, 2024, 9:28 am

DreadKongDotCom DMZ Game Playthrough 390

• September 19, 2024, 5:26 am

DreadKongDotCom DMZ Game Playthrough 390

• September 19, 2024, 5:23 am

DreadKongDotCom DMZ Game Playthrough 387

• September 18, 2024, 12:43 am

September 19, 2024 at 01:48AM #SHIBUSDT

#SHIBUSDT

SHIB / TetherUS BINANCE:SHIBUSDT

akbarkarimzsfeh

A recommendation
The main resistance line can be a bold red line
Going through it can be sweet
so
The failure and crossing of the resistance of the red line can be monitored.

September 19, 2024 at 12:22AM Is the Bearish Trend Over for SHIBA?

Is the Bearish Trend Over for SHIBA?

SHIBUSDT SPOT BYBIT:SHIBUSDT

3Commas

Technical Analysis:

1. Waiting for Reversal:

• The price of SHIB/USDT has fallen by approximately 80% from its previous high, indicating a significant downward trend over the long term.
  
• The price is at a previous resistance level of $0.000014, which has now turned into support due to the change in structure.
  
• The key idea here is to confirm the break of the most recent lower high in the downtrend, not just the level of $0.000016. This would indicate a potential reversal to a bullish trend, showing that the downtrend is losing momentum.
  

2. Bullish Divergences and Momentum:

• Oscillators are showing regular bullish divergences at oversold levels. This suggests that while the price has been declining, there is underlying bullish strength building up.
  
• Momentum is increasing, indicating a decrease in bearish strength. This momentum change could be the precursor to a possible reversal, suggesting that the bears are losing control and the bulls may take over.
  

3. Key Levels to Watch:

• Support at $0.000008: This is the extreme entry point, a level where the price has previously bounced. If the price revisits this level, it could provide an attractive entry for a long position.
  
• Current Resistance at $0.000016: A break and hold above this level could confirm a bullish reversal, but it's crucial to watch for a break above the most recent lower high to gain further confirmation of a trend change.
  
• Fibonacci Levels: The Fibonacci retracement levels are also showing potential zones of support and resistance, aligning with the price action. A break above the 61.8% Fibonacci level would add further confirmation to the bullish outlook.
  

4. Potential Entry Points:

• Traders could consider entering at the current price if the market shows signs of reversing, especially if the price can confirm a break above the most recent lower high and the $0.000016 level.
  
• Alternatively, entering on a pullback towards the $0.000008 level could provide a better risk/reward ratio. This level has historically acted as strong support.
  

5. Multi-Timeframe Analysis:

• The multi-timeframe trend and ribbon analysis show bearish signals on the higher timeframes, but the lower timeframes (1-hour and 4-hour) are starting to show bullish signs. This divergence indicates that while the longer-term trend is bearish, a short-term reversal might be in play.
  
• Monitoring these lower timeframes for a confirmed trend reversal is key to timing the entry accurately.
  

What are your thoughts on SHIB/USDT? Do you see the same potential for a reversal, or do you think the bearish trend will continue? Share your analysis and strategies below.

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