Shiba Inu is setting up for a nice mid term swing trade, while the king coin BTC pokes at making a trend reversal to the upside most of the top ALTS lag just a bit behind and should ride up once bitcoin makes its major moves stair stepping up and out going into phase 2 of this current bull cycle. Cypher pattern D phase 100% in play "the money shot"
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Strong bullish divergence shows potential for blasting through target zones which were met prior
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SHIB making another run at swing target
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swing price target hit early
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Here is a weekly update Shiba is just starting to poke out of its bear cycle along with most of the favored ALTS with BTC hitting 44k macro chart indicators are showing heavy bullish divergence and more room to move to the upside with a small short term pullback before continuation
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Found an inverted macro H&S and looks to be about ready to make another run up similar to the beginning of 2023 right to that zone
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SHiB appears to be coming back down to retest the major long term trendline from to which it just broke out from before continuation to the upside with bullish divergences flashing on the charts
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a little sideways consolidation until the king coin BTC decides which way its going
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SHIB bars pattern fractal
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New swing trade incoming keep an eye out for entries
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Bars pattern forecast
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Another nice swing trade setting up
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Hold on to those leashes!
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SHIB about ready to launch from .618 to form head
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Buy Red, Sell Green
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bouncing on support levels
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SHIBONACCI
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SHIB appears to be attempting a breakout from the golden pocket and priming for price run up, pending BTC of course.
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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.