Shiba Inu Shib price is preparing for a powerful "pump"?
Updated
Looking at the global chart of ShibUsdt, the first thing that catches your eye is that the price is now in a strong liquidity zone.
It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run.
The second thing that catches your eye is that now the consolidation pattern is visually very similar to the one that was at the final stage of consolidation in 2021 before the start of "the pump".
Since it is not known for sure how much longer the consolidation of the Shiba Inu token price will last, and whether there will be "a pump" afterwards, we do not risk buying such a manipulative tool as Shib now.
However, when and if the price of ShibUsd is firmly established above $0.00000830, we can consider buying Shib to participate in at least +50-60% of "the price pump".
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It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run.
The second thing that catches your eye is that now the consolidation pattern is visually very similar to the one that was at the final stage of consolidation in 2021 before the start of "the pump".
Since it is not known for sure how much longer the consolidation of the Shiba Inu token price will last, and whether there will be "a pump" afterwards, we do not risk buying such a manipulative tool as Shib now.
However, when and if the price of ShibUsd is firmly established above $0.00000830, we can consider buying Shib to participate in at least +50-60% of "the price pump".
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Trade active
TP 1 - done ✅TP 2 - next ?
Note
We had to wait a long time, but the Shibusdt price shot up.TP 2 - done ✅
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