This chart shows a pattern that is visible on most Altcoins, most of the trading pairs.
After the lo 10-June we've been experiencing a long bullish consolidation phase.
This consolidation is reaching its end as SHIBUSDT (Shiba Inu) trades above EMA50 daily with a full green candle today.
The indicators are on the bullish side with plenty of room available for growth.
It seems it will only take days now before Shiba Inu produces a massive, sudden price jump.
The bullish wave can least 1-2 months.
Will Shiba Inu move ahead will Bitcoin drops?
I don't think so, everything grows.
Prepare.
Namaste.
After the lo 10-June we've been experiencing a long bullish consolidation phase.
This consolidation is reaching its end as SHIBUSDT (Shiba Inu) trades above EMA50 daily with a full green candle today.
The indicators are on the bullish side with plenty of room available for growth.
It seems it will only take days now before Shiba Inu produces a massive, sudden price jump.
The bullish wave can least 1-2 months.
Will Shiba Inu move ahead will Bitcoin drops?
I don't think so, everything grows.
Prepare.
Namaste.
Note
Retraces are normal after strong moves.Shiba Inu has much more to give, patience is key.
Note
Here we can see Shiba Inu bouncing off EMA10 on the daily timeframe, support holds.It might take a few more days for the turn but the bigger picture is up!
Note
As shown in the following chart, the next resistance/target can be found at 0.0000162 or 67% potential: This can happen within days or weeks.
If one is patience and can wait longer, there is room for additional growth.
Note
Not yet, additional growth coming.This should be a good week for Cryptocurrency.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
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(Click now & get FREE Pizza! 🍕)
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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.