Here is the long-term weekly chart for Shiba Inu (SHIBUSD)... Hit like/boost and let's start right away.
This chart is saying one thing clearly for the Shiba Inu fans, followers, lovers, developers and traders; It is still pretty early, growth potential is great.
This is the main message coming out of this chart.
Looking at the weekly timeframe we can see that it has been only a month since the new All-Time Low. After the bottom is in, a new trend starts that can and will lead to a new All-Time High.
Prices barely moving above EMA10, which again signifies that it is still early for this pair.
There is a nice 500%-700% potential in the medium-term, but long-term there can be much more, as a new All-Time High takes place. This is likely to happen mid-2024. Patience is key.
Feel free to leave a comment with your questions.
Share anything you like. Open!
Namaste.
This chart is saying one thing clearly for the Shiba Inu fans, followers, lovers, developers and traders; It is still pretty early, growth potential is great.
This is the main message coming out of this chart.
Looking at the weekly timeframe we can see that it has been only a month since the new All-Time Low. After the bottom is in, a new trend starts that can and will lead to a new All-Time High.
Prices barely moving above EMA10, which again signifies that it is still early for this pair.
There is a nice 500%-700% potential in the medium-term, but long-term there can be much more, as a new All-Time High takes place. This is likely to happen mid-2024. Patience is key.
Feel free to leave a comment with your questions.
Share anything you like. Open!
Namaste.
Note
The bullish bias for SHIBUSD becomes stronger, this pair is set to grow and getting closer to a strong bullish breakout.
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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.