SHIBA INU (SHIB) technical analysis
SHIB has broken the downtrend line, or the downward wedge to be exact, and gone up in the first minor wave. Currently, we are in the minor corrective wave which soon will be over; unless Bitcoin makes another crazy downward move :)
There are two possible upward movements for SHIB: 1. if the upward unfold in an A-B-C wave, after that most probably the major correction will continue and SHIB will go down further. 2. the upward wave can also unfold in five waves.
There are two possible upward movements for SHIB: 1. if the upward unfold in an A-B-C wave, after that most probably the major correction will continue and SHIB will go down further. 2. the upward wave can also unfold in five waves.
Note
Note
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.
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.