December 09, 2024 at 06:56AM SHIB/USD Trendline Breakout

SHIB/USD Trendline Breakout

SHIB / TetherUS BINANCE:SHIBUSDT

commoditystockmarket

SHIB/USD is showing signs of a trendline breakout above the resistance level at **0.00003997**. A confirmed breakout and sustained price action above this level could trigger an upward rally.

Entry: Above 0.00003997 in weekly candle
Stop Loss:Place below the breakout candle or trendline (depending on your risk tolerance).
Targets:
First Target (T1):0.00005216
Second Target (T2):0.00006705
Final Target (T3): 0.00008697

Key Notes
- Ensure proper risk management as cryptocurrency markets are volatile.
- Look for volume confirmation to validate the breakout.
- Monitor for potential retests of the breakout level for added entry opportunities.

Would you like any chart or graphical representation of this analysis?

EURUSD, Dow Forecast: On Edge Ahead of Key US Data - FOREX.com US

EURUSD, Dow Forecast: On Edge Ahead of Key US Data - FOREX.com US

• December 9, 2024, 8:28 am

December 09, 2024 at 02:29AM SHIB-USDT. Has it much more bite in it's bark- Alt special

SHIB-USDT. Has it much more bite in it's bark- Alt special

SHIB / TetherUS BINANCE:SHIBUSDT

Jeshua1212

SHIB is looking to break from resistance so trade on breakout with volume. The Fib on SHIB is set so TP's are marked on the chart in green in the side bar. Support is at trendline-bottom. Let's ask for a good return on initial when doubled and let it run. All the best

December 08, 2024 at 07:03AM SHIP/USDT 15 MİN

SHIP/USDT 15 MİN

SHIB / TetherUS BINANCE:SHIBUSDT

aydinbirc

Fibonacci Retracement Levels:

The chart displays key Fibonacci retracement levels, such as 0.236, 0.382, 0.618, and 0.786.
The current price is at 0.00003195, very close to the 0.786 Fibonacci level (around 0.00003190). This level often acts as a significant support or resistance point.
Marked Zones:

Horizontal support and resistance levels are highlighted on the chart:
0.00003272 appears to be a resistance level.
0.00003086 is marked as a potential support level.
The price seems to be consolidating near these zones.
Potential Bearish and Bullish Scenarios:

The price has tested the same resistance level twice, suggesting a double top formation, which could indicate a potential reversal.
If the resistance is not broken, the price might retrace further to lower Fibonacci levels (e.g., 0.00003086 or lower).
If the resistance is broken, the price could head toward the next target at 0.00003303.
Indicators and Performance:

On the bottom-right corner, the trading volume (14.7T) and daily price change (-0.06%) for SHIB/USDT are shown.
The performance chart highlights percentage changes for different timeframes (e.g., +66.60% for the past week, while the daily performance is flat at -0.06%).

DXY: Consolidation likely intra-day – OCBC: Analytics and Market news from 5 December 2024 09:23 - TeleTrade

DXY: Consolidation likely intra-day – OCBC: Analytics and Market news from 5 December 2024 09:23 - TeleTrade

• December 8, 2024, 8:28 am

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• December 8, 2024, 5:23 am

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• December 7, 2024, 2:16 am

December 08, 2024 at 01:11AM shib bullish

shib bullish

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

Futuristic_Investors

keep eye on this ,it will easily pump 16-17% after breakout

December 07, 2024 at 08:34PM Moon Soon?

Moon Soon?

Shiba Inu / Tether USD POLONIEX:SHIBUSDT

farmerjuan

Clear bullish ascending triangle after pretty strong consolidation. Doge has a similar pattern, which is also a good thing because they pretty much follow each other. Now we wait for the 4H candle close and the breakout should be confirmed.

December 07, 2024 at 06:29PM Shib

Shib

SHIB / TetherUS BINANCE:SHIBUSDT

Erictaylor

Although we haven’t pulled back in again we are testing critical resistance of the weekly chart. Between 3200-3300 shib is testing for the 3rd touch of the downtedning resistance.

Could we actually get a rejection here and pull back down for one last reload attempt ? Currently we seem to be fighting between 50% support of 2866 and the resistance from .382 fig around 3280

If shib can pop 3300 we should see a swift move to 3700 but if we reject its possible for a pull back to 2866 which is the 50% and if we lost that would
Be around 2455 which is .618

I can’t tell just yet which way shib will go, either way we should be positioned nicely already as I have been posting between 2700-2900 buy areas That continues to be the case until we pop 3300 with conviction then 3300 could be support zone to buy. Let’s just wait and see how this reacts.

If this is a larger downtrend resistance pattern like this, shib could see as high as 0.0001700 within this cycle
Thanks for reading ! Let me know what you think shib will do if you made it this far comment breakout or pull back!