SHIBA INU - SHIB/USDT
SHIBA INU - SHIB/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
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Type: Cryptocurrencies
Ticker: SHIBUSDT
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SHIBA INU - SHIB/USDT - Daily - Technical analysis published on 03/27/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
44%
6%
50%
My opinion
Bearish under 0.000027 USDT
My targets
0.000021 USDT (-12.50%)
0.000013 USDT (-44.58%)
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/USDT. As long as you are under the resistance located at 0.000027 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.000021 USDT 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 0.000013 USDT as an objective. Crossing it would then enable sellers to target 0.000007 USDT. If the resistance 0.000027 USDT 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
0.9

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 mickaastrup. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

SHIBA INU - SHIB/USDT rating 0.000024 USDT. The price has increased by +0.00% since the last closing and was between 0.000024 USDT and 0.000025 USDT. This implies that the price is at 0% from its lowest and at -4.00% from its highest.

0.000024
0.000025
0.000024

Here is a more detailed summary of the historical variations registered by SHIBA INU - SHIB/USDT:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of SHIBA INU - SHIB/USDT in Daily shows an overall bearish trend. 64.29% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



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

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



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

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
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



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0000230.0000230.0000240.0000240.0000250.0000250.000026
Camarilla0.0000240.0000240.0000240.0000240.0000240.0000240.000024
Woodie0.0000230.0000230.0000240.0000240.0000250.0000250.000026
Fibonacci0.0000230.0000240.0000240.0000240.0000250.0000250.000025


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0000190.0000210.0000220.0000240.0000250.0000270.000028
Camarilla0.0000230.0000240.0000240.0000240.0000240.0000250.000025
Woodie0.0000200.0000210.0000230.0000240.0000260.0000270.000029
Fibonacci0.0000210.0000220.0000230.0000240.0000250.0000260.000027


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0000060.0000130.0000200.0000270.0000340.0000410.000048
Camarilla0.0000220.0000230.0000250.0000260.0000270.0000290.000030
Woodie0.0000050.0000130.0000190.0000270.0000330.0000410.000047
Fibonacci0.0000130.0000190.0000220.0000270.0000330.0000360.000041

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.04
MACD (12,26,9): 0.0000
Directional Movement: 5.685786
AROON (14): 42.857143
DEMA (21): 0.000023
Parabolic SAR (0,02-0,02-0,2): 0.000022
Elder Ray (13): 0.000001
Super Trend (3,10): 0.000027
Zig ZAG (10): 0.000024
VORTEX (21): 1.0357
Stochastique (14,3,5): 75.00
TEMA (21): 0.000024
Williams %R (14): -25.00
Chande Momentum Oscillator (20): 0.000002
Repulse (5,40,3): -5.2086
ROCnROLL: -1
TRIX (15,9): -0.3042
Courbe Coppock: 11.64
MA7: 0.000024
MA20: 0.000023
MA50: 0.000026
MA100: 0.000027
MAexp7: 0.000024
MAexp20: 0.000024
MAexp50: 0.000025
MAexp100: 0.000026
Price / MA7: -0%
Price / MA20: +4.35%
Price / MA50: -7.69%
Price / MA100: -11.11%
Price / MAexp7: -0%
Price / MAexp20: -0%
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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