Free SHIBA INU (SHIB) Technical Analysis Signals

Overal Signal
Buy
Signals
Buy Hold Hold Hold
Last Update / Period
12 Apr / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

SHIBA INU (SHIB) signal with technical analysis on 12 Apr

On 12 Apr, we conducted a comprehensive technical analysis of SHIBA INU (SHIB), considering 256 signals with intricate details. Here are the key findings: 57 signals suggested buy strategies, while 88 indicated sell strategies. The remaining 111 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 22
Sell Signals: 11
Neutral Signals: 31
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 11
Sell Signals: 22
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 13
Sell Signals: 27
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 11
Sell Signals: 28
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 57
Sell Signals: 88
Neutral Signals: 111
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your SHIBA INU (SHIB) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for SHIBA INU (SHIB) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

SHIBA INU (SHIB) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

SHIBA INU (SHIB) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 33.33%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **SHIBA INU (SHIB)** holdings.

SHIBA INU (SHIB) Price Analysis and Resistance Levels:

Given our current long position in SHIBA INU (SHIB), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (1.3E-5): The primary hurdle we face is the 1.3E-5 price level. If the current trend remains unchanged, SHIBA INU (SHIB) could break above this level, signaling its strength and potential for further growth.

Second resistance level (1.6E-5): If the upward trend continues with significant strength, we may see SHIBA INU (SHIB) cross the second resistance level at 1.6E-5, indicating a major upside move and a promising direction for our position.

Third resistance level (1.7E-5): For a more comprehensive analysis, consider a scenario where SHIBA INU (SHIB) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, SHIBA INU (SHIB) could potentially reach the third resistance level of 1.7E-5.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading SHIBA INU (SHIB), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

SHIBA INU (SHIB) technical analysis chart

SHIBA INU (SHIB) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 1.3E-5 1.6E-5 1.7E-5 1.9E-5 3.3E-5
Support 1.1E-5 1.0E-5 9.0E-6 8.0E-6 --
 SHIBA INU (SHIB) Support and Resistance area (12 Apr)  SHIBA INU (SHIB) Support and Resistance area (12 Apr)

SHIBA INU (SHIB) signals list for 12 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

SHIBA INU (SHIB) candlestick patterns on 12 Apr

Today's SHIBA INU (SHIB) Candle Patterns List:

Doji Short Line Candle

SHIBA INU (SHIB) technical analysis over the past days

# Date Overal Signals ALL Signals
1 11 Apr Buy BuySellHoldHold
2 10 Apr Hold NeutralNeutralHoldHold
3 09 Apr Hold NeutralHoldHoldHold
4 08 Apr Hold HoldHoldHoldHold
5 07 Apr Hold HoldHoldHoldHold
6 06 Apr Hold HoldHoldHoldHold
7 05 Apr Hold NeutralHoldHoldHold
8 04 Apr Hold HoldHoldHoldHold
9 03 Apr Sell HoldHoldHoldSell
10 02 Apr Sell HoldHoldSellNeutral
11 01 Apr Hold HoldHoldNeutralNeutral
12 31 Mar Hold HoldHoldHoldNeutral
13 30 Mar Sell HoldHoldSellSell
14 29 Mar Hold HoldNeutralNeutralNeutral
15 28 Mar Sell SellNeutralHoldNeutral
16 27 Mar Hold HoldHoldHoldHold
17 26 Mar Hold HoldHoldHoldHold
18 25 Mar Hold HoldHoldHoldHold
19 24 Mar Buy BuyBuyBuyBuy
20 23 Mar Hold NeutralNeutralNeutralNeutral
21 22 Mar Hold HoldNeutralNeutralNeutral
22 21 Mar Sell SellNeutralNeutralNeutral
23 20 Mar Hold NeutralNeutralNeutralNeutral
24 19 Mar Hold NeutralHoldNeutralNeutral
25 18 Mar Hold HoldNeutralNeutralHold
26 17 Mar Hold HoldBuyNeutralHold
27 16 Mar Hold HoldNeutralNeutralHold
28 15 Mar Hold HoldNeutralNeutralHold
29 14 Mar Buy BuyNeutralHoldHold
30 13 Mar Hold NeutralHoldHoldHold

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