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| Price | ▼ 2.14% | ▼ 5.32% | ▼ 5.32% | ▲ 11.68% |
| Energy | ▼ 13.9 | ▼ 12.5 | ▼ 8.2 | ▼ 0.3 |
Trend of Bull Critical SHIBUSD Daily
▸When SHIBUSD is in Bull Critical:
- then SHIBUSD moved to higher Market State: 1 times — 14.3%
- then SHIBUSD moved to lower Market State: 6 times — 85.7%
▸Current SHIBUSD market energy: 61.71%
- Distance to upper bound of Bull Critical (at 74.5%): 12.79%
- Distance to lower bound of Bull Critical (at 60%): 1.71%
"To truly understand anything, study its history" — 2AITRADING
From the just-closed Daily candle data, SHIBUSD within the near-extreme Bull energy state.
Meanwhile, Market Energy reading dropped -0.3%, moving from 62.1% to 61.7% after the Daily candle.
Time in Bull Critical energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, SHIBUSD Market Energy ranged from +61.7 to +96.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SHIBUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 08-03-2024 closed, SHIBUSD was at 0.00004, up 11.68% from the previous candle (0.00003). Market Energy was 61.7%, down 0.3 points from 62.1%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did SHIBUSD price move on this Daily candle, and how large is that historically?
SHIBUSD closed at 0.00004, up 11.68% from the previous Daily candle (0.00003). This rise is larger than 93% of past rises on the Daily timeframe for SHIBUSD, across 1,032 candles since 2019.
How did SHIBUSD Market Energy change from the previous candle?
Market Energy fell 0.3 percentage points from the previous candle — from 62.1% to 61.7%. This drop is larger than 59% of past drops on the Daily timeframe for SHIBUSD.
Do SHIBUSD price and energy agree?
No. Price moved up while energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was SHIBUSD in on the previous Daily candle?
The previous Daily candle had SHIBUSD at 62.1%, Bull Critical — this candle kept the same state, no zone change.
Where does SHIBUSD energy sit within the Bull Critical zone?
At 61.7%, SHIBUSD is 12.79 points from the upper boundary of Bull Critical (74.5%) and 1.71 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Critical definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Bias with energy 58.7%; GER40 (European equities) in Bull Critical with energy 74.1%. Against this backdrop, SHIBUSD (Bull Critical, 61.7%) has higher energy than SPX500; sits in the same state zone as GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bear Extreme with Market Energy -90%. SHIBUSD (Bull Critical) and DXY currently sit on opposite sides.
See the real-time energy chart for SHIBUSD.
Open Energy ChartSee the full 2AiTrading Model data for SHIBUSD on the SHIBUSD overview →
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