SHIBA INU - SHIB/USDT - Daily - Technical analysis published on 02/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.000027 USDT
My targets
0.000033 USDT (+6.45%)
0.000041 USDT (+32.26%)
My analysis
SHIBA INU - SHIB/USDT is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.000027 USDT, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.000033 USDT. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.000041 USDT would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.000047 USDT. Beware of a possible return to under the support located at 0.000027 USDT which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SHIBA INU - SHIB/USDT rating is 0.000031 USDT. On the day, this instrument gained +3.33% with the lowest point at 0.000030 USDT and the highest point at 0.000032 USDT. The deviation from the price is +3.33% for the low point and -3.13% for the high point.0.000030
0.000032
0.000031
A study of price movements over other periods shows the following variations:
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/USDT indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000007 | 0.000021 | 0.000027 | 0.000031 | 0.000033 | 0.000047 | 0.000065 |
| Change (%) | -77.42% | -32.26% | -12.90% | - | +6.45% | +51.61% | +109.68% |
| Change | -0.000024 | -0.000010 | -0.000004 | - | +0.000002 | +0.000016 | +0.000034 |
| Level | Minor | Major | Minor | - | 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 | 0.000027 | 0.000028 | 0.000029 | 0.000030 | 0.000031 | 0.000032 | 0.000033 |
| Camarilla | 0.000030 | 0.000030 | 0.000030 | 0.000030 | 0.000030 | 0.000030 | 0.000031 |
| Woodie | 0.000027 | 0.000028 | 0.000029 | 0.000030 | 0.000031 | 0.000032 | 0.000033 |
| Fibonacci | 0.000028 | 0.000029 | 0.000029 | 0.000030 | 0.000031 | 0.000031 | 0.000032 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000009 | 0.000016 | 0.000022 | 0.000029 | 0.000035 | 0.000042 | 0.000048 |
| Camarilla | 0.000025 | 0.000027 | 0.000028 | 0.000029 | 0.000030 | 0.000031 | 0.000033 |
| Woodie | 0.000010 | 0.000016 | 0.000023 | 0.000029 | 0.000036 | 0.000042 | 0.000049 |
| Fibonacci | 0.000016 | 0.000021 | 0.000024 | 0.000029 | 0.000034 | 0.000037 | 0.000042 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000003 | 0.000007 | 0.000014 | 0.000024 | 0.000031 | 0.000041 | 0.000048 |
| Camarilla | 0.000016 | 0.000018 | 0.000019 | 0.000021 | 0.000023 | 0.000024 | 0.000026 |
| Woodie | -0.000005 | 0.000006 | 0.000013 | 0.000023 | 0.000030 | 0.000040 | 0.000047 |
| Fibonacci | 0.000007 | 0.000014 | 0.000018 | 0.000024 | 0.000031 | 0.000035 | 0.000041 |
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): | 60.13 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 13.791596 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.000029 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000024 | |
| Elder Ray (13): | 0.000002 | |
| Super Trend (3,10): | 0.000022 | |
| Zig ZAG (10): | 0.000031 | |
| VORTEX (21): | 1.1695 | |
| Stochastique (14,3,5): | 68.89 | |
| TEMA (21): | 0.000031 | |
| Williams %R (14): | -26.67 | |
| Chande Momentum Oscillator (20): | 0.000010 | |
| Repulse (5,40,3): | 1.5865 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2745 | |
| Courbe Coppock: | 84.68 |
| MA7: | 0.000030 | |
| MA20: | 0.000026 | |
| MA50: | 0.000028 | |
| MA100: | 0.000034 | |
| MAexp7: | 0.000030 | |
| MAexp20: | 0.000028 | |
| MAexp50: | 0.000029 | |
| MAexp100: | 0.000029 | |
| Price / MA7: | +3.33% | |
| Price / MA20: | +19.23% | |
| Price / MA50: | +10.71% | |
| Price / MA100: | -8.82% | |
| Price / MAexp7: | +3.33% | |
| Price / MAexp20: | +10.71% | |
| Price / MAexp50: | +6.90% | |
| Price / MAexp100: | +6.90% |
Quotes :
-
Real time data
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Cryptocompare
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