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Tuesday, October 8, 2024

October 08, 2024 at 03:35AM SHIBUSDT potential test of Down Trend Resistance line

SHIBUSDT potential test of Down Trend Resistance line

SHIB / TetherUS BINANCE:SHIBUSDT

SHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before initiating an upward impulse move. The most recent swing upward was stronger than the previous one, signaling a potential increase in bullish momentum. Growing expectations of a possible bull run could act as a trigger for further upward movement. The market continues to bounce off the upward trendline, forming higher lows, which indicates buying pressure. Based on this analysis, the price could retest the channel border, potentially leading to further bullish momentum. The target is the resistance zone at 0.00002.


October 08, 2024 at 12:56AM Lingrid | SHIBUSDT accumulation for BULLISH times Ahead

Lingrid | SHIBUSDT accumulation for BULLISH times Ahead

SHIB / TetherUS BINANCE:SHIBUSDT

SHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before making an upward impulse move. The most recent swing upward was stronger than the previous one, indicating that the price may be gaining bullish momentum. Additionally, there is a growing expectation of a potential bull run, which could serve as a trigger for further upward movement. The market continues to bounce off the upward trendline, suggesting that price action is forming higher lows, a sign of buying pressure. Based on this analysis, I expect the price to test the channel border again, potentially leading to further bullish momentum. My targe is resistance zone at 0.00002


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻


Monday, October 7, 2024

October 07, 2024 at 11:52AM SHIBUSDT

SHIBUSDT

SHIB / TetherUS BINANCE:SHIBUSDT

We can attempt to short SHIBUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.


DXY: Continues to rebound – OCBC - FXStreet

October 07, 2024 at 02:32AM Shiba Inu (SHIB) 400% bull flag

Shiba Inu (SHIB) 400% bull flag

SHIB / TetherUS BINANCE:SHIBUSDT

On the above 5 day chart price action has corrected 75% since March. A number of reasons now exist to be long, they include:

1) Price action and RSI resistance breakouts.

2) Trend reversal, a higher higher prints with the flag breakout.

3) The Bull flag confirmation. A 2nd impulsive move print takes price action to 0.000074 area or 400%

Is it possible price action corrects further? Sure.
Is it probable? No

Ww


Sunday, October 6, 2024

October 06, 2024 at 02:52PM Shiba

Shiba

SHIBA INU / Tether KUCOIN:SHIBUSDT

Shiba usdt analysis
4 hours time frame
Risk rewards ratio >2.5


DXY: Payrolls data eyed – OCBC - FXStreet

Saturday, October 5, 2024

October 05, 2024 at 12:43PM Immutable Goes Bearish After Weak Bounce (All Crypto Bearish)

Immutable Goes Bearish After Weak Bounce (All Crypto Bearish)

Immutable / Tether COINBASE:IMXUSDT

Immutable did pretty good in its last bullish cycle, nothing compared to Injective and FET but still pretty good. As with Bitcoin and everything else in this market, it went bearish in March 2024. It has been bearish since.

In August, after a major low a pull-back was present, we saw prices moving higher. This price bounce is ultra-weak, no volume and lacking bullish momentum, and is being reversed now.

After a very strong lower high, IMXUSDT is full red on the current session and moving below multiple major EMAs, including EMA55 and EMA89. It looks pretty bad.

It moved up together with Bitcoin, it will move down together with Bitcoin.

➖ FETUSDT bearish.
➖ INJUSDT bearish.
➖ IMXUSDT bearish.
➖ BTCUSDT bearish.

They are all one.

➖ ADAUSDT bearish.
➖ DOGEUSDT bearish.
➖ USDT.D bullish (inverse relation).

I shared charts for all these.
I can continue:

➖ SHIBUSDT bearish.
➖ XRPUSDT bearish.
➖ ETHUSDT bearish.
➖ TRXUSDT bearish.
➖ BNBUSDT bearish

It goes on and on.

Seven months going down, almost straight down, and some people are still under the impression that the market is going up. The top happened in March, that was already a long time ago.

Yes, we are going bullish, but only after the low is in.
Bullish at the bottom, bearish at the top.

Thanks a lot for your continued support.

Namaste.