SHIBA INU, Long at 0.000017 ! an ideal set up is coming !
SHIBA is one of the most popular cryptocurrencies these days. But is it enough to pump any time?
As I see it is going to complete an abc form of correction in H1 time frame which may end at 0.000017.
Two important support zones are shown on the chart. Both are strong and valid however, I myself give more chance to first one for now.
It is worth to note that a trade above what labeled as wave B makes this analysis invalid. But no shame, There are always ideal setups to come.
Wish you huge profits my friends.
As I see it is going to complete an abc form of correction in H1 time frame which may end at 0.000017.
Two important support zones are shown on the chart. Both are strong and valid however, I myself give more chance to first one for now.
It is worth to note that a trade above what labeled as wave B makes this analysis invalid. But no shame, There are always ideal setups to come.
Wish you huge profits my friends.
Note
Mentioned invalidation condition occured. So as it is clear this analysis is no more valid.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.