Shiba Inu (SHIB/USDT) technical analysis
It appears that the current correction wave might take double the time as the previous one. The area around vertical Fibonacci time (2) is where the price probably changes direction. Price is moving in a downtrend channel; we need to see the upper band breaks as well as the buy volume increase to be sure that the uptrend wave has started.
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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.