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SHIB/USD Bulls Struggle as Price Dips Slightly

SHIB/USD
July 14, 2023

Shiba Inu (SHIBUSD) Consolidates Below Major Trendline as MACD Turns Bullish

SHIBUSD Analysis: Price Consolidates Below The Major Trendline As The MACD Flips Bullish SHIBUSD consolidates below the major trendline as the MACD flips bullish. The recent return of the MACD (Moving Average Convergence Divergence) indicator from the downside to the zero line reveals the presence ...
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July 07, 2023

Shiba Inu (SHIBUSD) Makes Modest Gains Despite Lingering Bearish Sentiment

SHIBUSD Analysis: Price Reluctantly Heads Upward As The Bears’ Presence Remains SHIBUSD reluctantly heads upward as the bears’ presence remains. The bears’ presence in the market has caused a continuous decline in price since February 2023. Since the inception of the downtrend, th...
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June 30, 2023

Shiba Inu (SHIBUSD) Buyers Eye Long Opportunities in Correction Phase

SHIBUSD Analysis: Buyers Seek Long Opportunities in the Ongoing Correction Phase SHIBUSD buyers seek opportunities in the ongoing correction phase. The price is currently undergoing a correction after a long period of downturn. The ongoing correction phase is the second major retracement since the ...
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June 24, 2023

Shiba Inu (SHIBUSD) Jerks Upward As Price Reacts Vehemently To $0.00000600 Support

SHIBUSD Analysis: Market Jerks Upward As Price Reacts Vehemently To $0.00000600 Support SHIBUSD jerks upward as the price reacts vehemently to the $0.00000600 support. Despite the market downtrend, the bulls stormed the market at major support. The major support at $0.00000600, formed the swing low...
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June 10, 2023

Shiba Inu (SHIBUSD) Consolidates at $0.00000780 Demand Zone

SHIBUSD Analysis: The Market Begins Consolidation As the Price Hits the Demand Zone of $0.00000780 SHIBUSD begins consolidation as the price hits the demand zone of $0.00000780. The market has converged into a consolidation phase due to the price reaching the demand zone of $0.00000780. At the same...
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June 05, 2023

Shiba Inu (SHIBUSD) Converges In A Triangle Pattern As Selling Pressure Decreases

SHIBUSD Analysis: Price Converges In A Triangle Pattern As Selling Pressure Decreases SHIBUSD converges in a triangle pattern as the selling pressure decreases. The triangle pattern created was a result of the price’s response to the bullish order block around $0.00000780. While a bullish tre...
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May 26, 2023

Shiba Inu (SHIBUSD) Consolidates at Discount as Selling Pressure Eases

SHIBUSD Analysis: Price Consolidates at  Discount as the Selling Pressure Decreases SHIBUSD consolidates at the discount as the selling pressure decreases. The market has been oversold for a while now, according to the RSI (Relative Strength Index). The price crashed algorithmically from the six-mo...
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May 19, 2023

Shiba Inu (SHIBUSD) Consolidates As It Becomes Extremely Oversold

SHIBUSD Analysis: Price Consolidates As It Becomes Extremely Oversold SHIBUSD consolidates as it becomes oversold according to the RSI (Relative Strength Index). A reversal or retracement phase will set in as the price bounces off the discount array. The discount array is a bullish order block arou...
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May 14, 2023

Shiba Inu (SHIBUSD) Retracement Phase Looms As The Third Wave Approaches Support

SHIBUSD Analysis: A Retracement Phase Looms As The Third Wave Approaches Support SHIBUSD retracement phase looms as the third wave approaches to support. The motive wave began on February 5, 2023, after a surge into the $0.000015900 supply zone. The price is currently in the third wave. However, th...
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