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 03/18/2022 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 0.000027 USD

My targets

0.000021 USD (-4.55%)

0.000019 USD (-13.64%)

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 0.000027 USD. The sellers' bearish objective 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 0.000019 USD. In case of crossing, the next objective would be the support located at 0.000007 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.1

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

SHIBA INU - SHIB/USD rating 0.000022 USD. The price has increased by +0.00% since the last closing and was between 0.000022 USD and 0.000022 USD. This implies that the price is at 0% from its lowest and at 0% from its highest.

0.000022

Here is a more detailed summary of the historical variations registered by SHIBA INU - SHIB/USD:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on SHIBA INU - SHIB/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of SHIBA INU - SHIB/USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000007	0.000021	0.000022	0.000031	0.000047	0.000065
Change (%)	-68.18%	-4.55%	-	+40.91%	+113.64%	+195.45%
Change	-0.000015	-0.000001	-	+0.000009	+0.000025	+0.000043
Level	Minor	Major	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000021	0.000021	0.000022	0.000022	0.000023	0.000023	0.000024
Camarilla	0.000022	0.000022	0.000022	0.000022	0.000022	0.000022	0.000022
Woodie	0.000021	0.000021	0.000022	0.000022	0.000023	0.000023	0.000024
Fibonacci	0.000021	0.000022	0.000022	0.000022	0.000023	0.000023	0.000023

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000018	0.000020	0.000021	0.000023	0.000024	0.000026	0.000027
Camarilla	0.000021	0.000022	0.000022	0.000022	0.000022	0.000023	0.000023
Woodie	0.000018	0.000020	0.000021	0.000023	0.000024	0.000026	0.000027
Fibonacci	0.000020	0.000021	0.000022	0.000023	0.000024	0.000025	0.000026

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000004	0.000012	0.000019	0.000027	0.000034	0.000042	0.000049
Camarilla	0.000022	0.000023	0.000025	0.000026	0.000027	0.000029	0.000030
Woodie	0.000004	0.000012	0.000019	0.000027	0.000034	0.000042	0.000049
Fibonacci	0.000012	0.000018	0.000021	0.000027	0.000033	0.000036	0.000042

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):	40.82
MACD (12,26,9):	0.0000
Directional Movement:	-4.632350
AROON (14):	-64.285714
DEMA (21):	0.000022
Parabolic SAR (0,02-0,02-0,2):	0.000027
Elder Ray (13):	-0.000001
Super Trend (3,10):	0.000026
Zig ZAG (10):	0.000022
VORTEX (21):	0.9714
Stochastique (14,3,5):	30.00
TEMA (21):	0.000022
Williams %R (14):	-75.00
Chande Momentum Oscillator (20):	-0.000002
Repulse (5,40,3):	-0.7093
ROCnROLL:	2
TRIX (15,9):	-0.5913
Courbe Coppock:	20.34

MA7:	0.000022
MA20:	0.000023
MA50:	0.000025
MA100:	0.000028
MAexp7:	0.000022
MAexp20:	0.000023
MAexp50:	0.000025
MAexp100:	0.000027
Price / MA7:	-0%
Price / MA20:	-4.35%
Price / MA50:	-12.00%
Price / MA100:	-21.43%
Price / MAexp7:	-0%
Price / MAexp20:	-4.35%
Price / MAexp50:	-12.00%
Price / MAexp100:	-18.52%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15134

Number of analyses :

77001

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…