SHIBA INU - SHIB/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	SHIBUSD
ISIN:

SHIBA INU - SHIB/USD - Daily - Technical analysis published on 03/22/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 0.000027 USD

My targets

0.000021 USD (-12.50%)

0.000019 USD (-20.83%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SHIBA INU - SHIB/USD. As long as you are under the resistance located at 0.000027 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.000021 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.000019 USD as an objective. Crossing it would then enable sellers to target 0.000007 USD. If the resistance 0.000027 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.5

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 price is 0.000024 USD. On the day, this instrument gained +4.35% with the lowest point at 0.000023 USD and the highest point at 0.000024 USD. The deviation from the price is +4.35% for the low point and 0% for the high point.

0.000023

0.000024

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

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

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this SHIBA INU - SHIB/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

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	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	0.000022	0.000022	0.000023	0.000023	0.000024	0.000024
Camarilla	0.000023	0.000023	0.000023	0.000023	0.000023	0.000023	0.000023
Woodie	0.000022	0.000022	0.000023	0.000023	0.000024	0.000024	0.000025
Fibonacci	0.000022	0.000022	0.000022	0.000023	0.000023	0.000023	0.000024

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000018	0.000019	0.000022	0.000023	0.000026	0.000027	0.000030
Camarilla	0.000023	0.000023	0.000024	0.000024	0.000024	0.000025	0.000025
Woodie	0.000018	0.000020	0.000022	0.000024	0.000026	0.000028	0.000030
Fibonacci	0.000019	0.000021	0.000022	0.000023	0.000025	0.000026	0.000027

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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.27
MACD (12,26,9):	0.0000
Directional Movement:	3.484648
AROON (14):	-28.571429
DEMA (21):	0.000022
Parabolic SAR (0,02-0,02-0,2):	0.000026
Elder Ray (13):	0.000001
Super Trend (3,10):	0.000027
Zig ZAG (10):	0.000024
VORTEX (21):	0.9355
Stochastique (14,3,5):	58.33
TEMA (21):	0.000023
Williams %R (14):	-25.00
Chande Momentum Oscillator (20):	0.000001
Repulse (5,40,3):	6.6419
ROCnROLL:	-1
TRIX (15,9):	-0.5217
Courbe Coppock:	6.20

MA7:	0.000023
MA20:	0.000023
MA50:	0.000025
MA100:	0.000028
MAexp7:	0.000023
MAexp20:	0.000023
MAexp50:	0.000025
MAexp100:	0.000026
Price / MA7:	+4.35%
Price / MA20:	+4.35%
Price / MA50:	-4.00%
Price / MA100:	-14.29%
Price / MAexp7:	+4.35%
Price / MAexp20:	+4.35%
Price / MAexp50:	-4.00%
Price / MAexp100:	-7.69%

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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