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Shib

Will SHIBUSDT Ignite a Bullish Explosion or Face a Breakdown?Yello, Paradisers! Could this be the moment SHIBUSDT takes off, or is there trouble brewing? Let’s break this down so you don’t miss a single move. 💎SHIBUSDT is showing strong potential with a well-established bullish market structure. Adding fuel to the fire, it has formed an inverse head and shoulders pattern, a classic bullish signal that significantly increases the probability of an upward move. 💎A breakout above the resistance zone followed by a confirmed candle close is critical. This would validate the inverse head and shoulders pattern and strengthen the bullish case. 💎If SHIBUSDT pulls back, the previously broken resistance zone is expected to act as a support. For higher confidence, watch for a bullish Internal Change of Character (I-CHoCH) on lower timeframes to confirm momentum is on our side. 💎If the price breaks down and closes below the key support zone, it would invalidate the bullish setup entirely. This would signal that the market may be shifting in the opposite direction. 💎The next moves for SHIBUSDT hinge on whether it can confirm its bullish breakout or hold critical support during a retracement. As always, patience and discipline are key to avoiding emotional mistakes. 🎖Consistency over quick profits is the mantra. Trade smart, Paradisers. Let’s watch this one closely! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
SHIBUSDT: Is a Bullish Reversal on the Horizon?Yello, Paradisers! Have you been tracking SHIBUSDT? The recent price action has formed a descending channel, which could be setting the stage for a bullish move. But how can we know if it's time to jump in? 🤔 💎If SHIBUSDT shows a Change of Character (CHoCH) from the support zone, shifting towards a bullish market structure, it could signal a strong bullish move. 💎If the price starts to rise from the current levels, it could also form a W pattern. A breakout and a candle close above the resistance zone would confirm both the W pattern and the descending channel, boosting our bullish bias. 💎However, if the price falls, breaks down, and closes below the support zone, this would invalidate the bullish scenario, signaling that further downside might be ahead. Stay alert, Paradisers! The next move could make all the difference. 🧐 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
🚀 Eyes on $SHIB! 🐕 Potential Breakout Opportunity! 💎 SHIBUSDT presents a potential opportunity if it manages to break above the resistance zone and resistive trendline. 💎Currently, SHIBUSDT is forming a W pattern at the Bullish Order Block (OB) level, indicating a potential bullish move following a breakout above the resistance and trendline. 💎In the event of a pullback, we might anticipate another bounce from the Bullish OB, although the likelihood of a successful bounce may diminish. 💎However, should SHIBUSDT break below the Bullish OB level, it would signal a bearish scenario. In such cases, it's advisable to wait for clearer price action before making any decisions.
Long
by MyCryptoParadise_Nathan
SHIB MEME RESTING SHIB: Meme Token Breakout Potential The popular meme token SHIB has seen a significant spike in interest over the past 10 days, with its price rallying alongside the increased attention. Currently, SHIB is resting on the 10MA, which could act as a support level and bounce off. Technical Analysis: - The recent price action has formed a bullish flag pattern, which is a continuation pattern that typically signals a potential breakout in the direction of the previous trend. - Trading volumes have decreased significantly after the initial spike. Risks: - SHIB is a highly volatile meme token, and its price movements can be unpredictable and influenced by social media trends.
Long
by jashjacob
SHIB: Bullish Momentum Building with W Pattern Formation💎 SHIB has broken out of a falling wedge pattern and is currently forming a W pattern on the demand level. There is also a possibility of a further retracement back to the demand area to gather more support. 💎For confirmation of the bullish reversal W pattern, we would need to see a candle closing above the resistance level of 948. This would validate the pattern, and we could then anticipate targets up to the next resistance levels of 1035 and 1107. 💎However, if the price declines below to the demand area, there could be a bearish move. Yet, considering the overall bullish sentiment in the market, it might be prudent to focus more on potential bullish opportunities and perhaps disregard bearish scenarios for now.
by MyCryptoParadise_Nathan
2
SHIB/USDT 800% Potential in Bull Run ( Bullish Analysis )SHIB/USDT Long-Term Chart Analysis Current Price: $0.00000940 After a -94% correction from the All-time High, SHIB is up 70% from the recent bear market bottom. Chart analysis suggests a potential breakout in the High Time Frame (HTF). Breakout Level: $0.00001050 Long Term Targets: $0.000017 / $0.000027 / $0.000038 / $0.000067 Secondary Entry ( if Market Crash): $0.00000750 Potential Breakout Ahead: SHIB is on the verge of a breakout in the HTF. Waiting for confirmation for a good entry. Long-Term Strategy: Accumulate during dips for significant returns. Targets are considered as resistances in the long term. Future Expectations: Anticipate substantial returns, especially during the MEMES trend. Long-term targets set for potential future growth. Follow me Friends.
Long
by CryptoPatel
1
Explosive Head and Shoulder Pattern Forming On SHIB/USDT💎Paradisers, turn your attention to SHIB/USDT. The 1-hour chart shows a head and shoulder pattern forming. After achieving higher highs, the price began to carve out lower lows, laying the foundation for this pattern. If it drops below the neckline and the important demand area at 0.00000931, it would validate the lower low trajectory. We might then see a move down to the next demand area near the 200 EMA at 0.00000907. 💎 If the price breaks above 0.00000975 the right shoulder, It could invalidate this pattern. 💎This 200 EMA could act as a gravitational pull, might attract the bears. Stay alert and plan your strategies carefully, ParadiseSquad!
Short
by MyCryptoParadise_Nathan
SHIB[Shiba Inu] ready to pump again?!! 👀 SHIB today analysis💎"Paradisers, get ready for a potential spectacle as SHIB/USDT lands in a robust demand zone! This area carries historical weight, with previous years seeing remarkable price surges springing from this very zone. 💎The volume profile narrates a thrilling story, hinting at an extended accumulation phase. This suggests a significant wave of buying interest at these levels, potentially setting the stage for a dramatic upward move. 💎However, prudence is recommended as market conditions can be volatile. While the demand zone offers a promising opportunity for price appreciation, it doesn't assure an immediate surge. It's vital to consider additional technical indicators, overall market sentiment, and broader cryptocurrency trends to confirm potential price action. 💎Keep a vigilant eye on SHIB/USDT within this demand zone and look for confirming signals before making any trading decisions. Key support and resistance levels, trading volumes, and bullish price patterns should be monitored for further insights. 💎Stay abreast of the latest market developments, breaking news, and detailed technical analysis to make informed decisions regarding SHIB/USDT. Prepare for potential fireworks in this thrilling market!"
Long
by MyCryptoParadise_Simon
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.00001142). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SHIBUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 0.00001227 TP2= @ 0.00001314 TP3= @ 0.00001437 TP4= @ 0.00001592 TP5= @ 0.00001796 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
3
💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.00001308). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SHIBUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 82. Take Profits: TP1= @ 0.00001704 TP2= @ 0.00002005 TP3= @ 0.00002201 TP4= @ 0.00002522 TP5= @ 0.00002864 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
1
Shiba Inu good for a short trade - Intradaycryptocurrencies are in the correction phase for the last few trading sessions on a daily timeframe. Shiba Inu has fallen with good volumes. The volume trend suggests that the selling pressure is high. The price is trading below 20ema. RSI is weak. MACD on 15min. the timeframe is in negative territory and on 5min. the timeframe has crossed below the Signal line. SL- Slightly above 20ema Target, nearest swing low. Risk reward is attractive at around 3.
Short
by Sai_Kumar