SHIBA INU - SHIB/USDT - Daily - Technical analysis published on 08/31/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 0.000015 USDT
My targets
0.000013 USDT (-7.14%)
0.000011 USDT (-23.57%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.000015 USDT remains possible. It is advisable to trade SHIBA INU - SHIB/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.000015 USDT. The next bearish objective for sellers is set at 0.000013 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000011 USDT. In case of crossing, the next objective would be the support located at 0.000009 USDT. PS: if there is a bullish break in the resistance located at 0.000015 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3
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Additional analysis
Quotes
The SHIBA INU - SHIB/USDT price is 0.000014 USDT. On the day, this instrument gained +0.00% and was traded between 0.000014 USDT and 0.000014 USDT over the period. The price is currently at 0% from its lowest and 0% from its highest.0.000014
0.000014
0.000014
Here is a more detailed summary of the historical variations registered by SHIBA INU - SHIB/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this SHIBA INU - SHIB/USDT chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by 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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.000009 | 0.000013 | 0.000014 | 0.000017 | 0.000022 | 0.000028 |
| Change (%) | -35.71% | -7.14% | - | +21.43% | +57.14% | +100.00% |
| Change | -0.000005 | -0.000001 | - | +0.000003 | +0.000008 | +0.000014 |
| Level | Intermediate | Minor | - | Minor | Intermediate | 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 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 |
| Camarilla | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 |
| Woodie | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 |
| Fibonacci | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 | 0.000014 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000011 | 0.000012 | 0.000014 | 0.000015 | 0.000017 | 0.000018 | 0.000020 |
| Camarilla | 0.000015 | 0.000016 | 0.000016 | 0.000016 | 0.000016 | 0.000017 | 0.000017 |
| Woodie | 0.000012 | 0.000012 | 0.000015 | 0.000015 | 0.000018 | 0.000018 | 0.000021 |
| Fibonacci | 0.000012 | 0.000013 | 0.000014 | 0.000015 | 0.000016 | 0.000017 | 0.000018 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000011 | 0.000013 | 0.000015 | 0.000017 | 0.000019 | 0.000021 | 0.000023 |
| Camarilla | 0.000015 | 0.000015 | 0.000016 | 0.000016 | 0.000016 | 0.000017 | 0.000017 |
| Woodie | 0.000010 | 0.000013 | 0.000014 | 0.000017 | 0.000018 | 0.000021 | 0.000022 |
| Fibonacci | 0.000013 | 0.000015 | 0.000016 | 0.000017 | 0.000019 | 0.000020 | 0.000021 |
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): | 45.58 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.672431 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.000014 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000016 | |
| Elder Ray (13): | -0 | |
| Super Trend (3,10): | 0.000013 | |
| Zig ZAG (10): | 0.000014 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 0.000014 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | 0.000001 | |
| Repulse (5,40,3): | -2.4723 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2831 | |
| Courbe Coppock: | 13.88 |
| MA7: | 0.000014 | |
| MA20: | 0.000014 | |
| MA50: | 0.000015 | |
| MA100: | 0.000018 | |
| MAexp7: | 0.000014 | |
| MAexp20: | 0.000014 | |
| MAexp50: | 0.000015 | |
| MAexp100: | 0.000017 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0% | |
| Price / MA50: | -6.67% | |
| Price / MA100: | -22.22% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -6.67% | |
| Price / MAexp100: | -17.65% |
Quotes :
-
Real time data
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