SHIBA INU - SHIB/USD - Daily - Technical analysis published on 03/22/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
0%
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.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.5
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SHIBA INU - SHIB/USD rating 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
0.000024
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in Daily of this SHIBA INU - SHIB/USD chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. 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
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several 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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
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 are the details of the technical indicators and moving averages that were collected to generate 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
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This member declared not having a position on this financial instrument or a related financial instrument.
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