SHIBA INU - SHIB/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SHIBUSD
ISIN:

SHIBA INU - SHIB/USD - Daily - Technical analysis published on 02/24/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 0.000030 USD

My targets

0.000021 USD (-12.50%)

0.000014 USD (-40.42%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SHIBA INU - SHIB/USD as long as the price remains well below 0.000030 USD. The next bearish objective for sellers is set at 0.000021 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000014 USD. If there is any crossing, the next objective would be the support located at 0.000007 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by baltbach.

Additional analysis

Quotes

The SHIBA INU - SHIB/USD rating is 0.000024 USD. The price registered a decrease of -4.00% on the session and was between 0.000021 USD and 0.000025 USD. This implies that the price is at +14.29% from its lowest and at -4.00% from its highest.

0.000021

0.000025

0.000024

A study of price movements over other periods shows the following variations:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of SHIBA INU - SHIB/USD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000007	0.000021	0.000024	0.000031	0.000047	0.000065
Change (%)	-70.83%	-12.50%	-	+29.17%	+95.83%	+170.83%
Change	-0.000017	-0.000003	-	+0.000007	+0.000023	+0.000041
Level	Minor	Intermediate	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000022	0.000024	0.000024	0.000026	0.000026	0.000028	0.000028
Camarilla	0.000025	0.000025	0.000025	0.000025	0.000025	0.000025	0.000026
Woodie	0.000022	0.000024	0.000024	0.000026	0.000026	0.000028	0.000028
Fibonacci	0.000024	0.000024	0.000025	0.000026	0.000026	0.000027	0.000028

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000020	0.000023	0.000026	0.000029	0.000032	0.000035	0.000038
Camarilla	0.000026	0.000027	0.000028	0.000028	0.000029	0.000029	0.000030
Woodie	0.000019	0.000023	0.000025	0.000029	0.000031	0.000035	0.000037
Fibonacci	0.000023	0.000026	0.000027	0.000029	0.000032	0.000033	0.000035

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.000002	0.000008	0.000014	0.000024	0.000030	0.000040	0.000046
Camarilla	0.000017	0.000018	0.000020	0.000021	0.000023	0.000024	0.000025
Woodie	-0.000003	0.000007	0.000013	0.000023	0.000029	0.000039	0.000045
Fibonacci	0.000008	0.000014	0.000018	0.000024	0.000030	0.000034	0.000040

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.22
MACD (12,26,9):	0.0000
Directional Movement:	-10.843962
AROON (14):	-100.000000
DEMA (21):	0.000026
Parabolic SAR (0,02-0,02-0,2):	0.000033
Elder Ray (13):	-0.000003
Super Trend (3,10):	0.000022
Zig ZAG (10):	0.000023
VORTEX (21):	1.0139
Stochastique (14,3,5):	17.68
TEMA (21):	0.000026
Williams %R (14):	-83.33
Chande Momentum Oscillator (20):	-0.000006
Repulse (5,40,3):	-14.5447
ROCnROLL:	2
TRIX (15,9):	0.2114
Courbe Coppock:	22.38

MA7:	0.000025
MA20:	0.000028
MA50:	0.000026
MA100:	0.000032
MAexp7:	0.000025
MAexp20:	0.000027
MAexp50:	0.000028
MAexp100:	0.000028
Price / MA7:	-4.00%
Price / MA20:	-14.29%
Price / MA50:	-7.69%
Price / MA100:	-25.00%
Price / MAexp7:	-4.00%
Price / MAexp20:	-11.11%
Price / MAexp50:	-14.29%
Price / MAexp100:	-14.29%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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