SHIBA INU price probably forms the "Adam and Eve" pattern
Updated
It is very likely that the process of forming the "Adam and Eve" trend reversal pattern is underway on the ShibUsdt price chart
This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.
If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.
Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500
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This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.
If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.
Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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