Shiba
SHIB expected path for the upcoming weeks- follow me for more hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
Shiba, a coin that pleased a lot of people, and made people cry for hours.
It bounced from a powerful support line at 0.00000949, breaking the blue internal DOWN trend line is a confirmation and it will go as high as 0.0000022 (orange box)
S = support
R = resistance
R2 = 2nd resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high
AL = all-time low
SHIB May Start to Lift-Off from here if things goes PerfectHere on the key level I am personally expecting an impulse to appear with the buy zone over the level highlighted. Where this has previously brought up a nice buying pressure with a high bull trend. Also I have a decent expectation of repeating the history it self and reaching the targets highlighted with horizontal lines.
SHIBA INU Ready for 100% Grow !Shiba Inu Now is Trading Near a Very Powerful Demand Level
in multiple time frame analysis we found that shiba inu price downward move maybe stop here for a little while and a upward retrace expected.
Targets Are on Chart
DYOR , This is only Chart analysis not a financial advice .
SHIBA INU descending channel ❌🧨Based on the chart, the price has stuck in the descending channel and has lost the previous support area ✔️
we
expect to see brief correction for the price ❌🧨
our
resistance area are based on the Fibonacci levels ✔️
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
ETH crashdump is not over, almost all crypto is going to get somewhat of a reset and rightfully so, especially the stupid memecoins, thats almost the dumbest thing thats ever happened in financial history.
May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now.
something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO.
As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels.
Goodluck everyone, dont let your bias get you rekt.