multiple inverse head and shoulders patterns forming on multi TFlook at the 1min, 3min, 5 min time frames and you'll see an inverse head and shoulders bullish trading pattern has already formed. They will continue to form on up through the higher time frames. this is called multi time frame trading. The move continues until invalidated. However, we already know the AD has shown us .00007 and .00009 (being the FOMO PRICE) i'll likely get out of my position around 00007
This is also the future right shoulder to the inverse head and shoulders on the higher time frame. see other charts
Shibforecast
Shib 12h Buy and Sell levels for those who like to take risksThe creators of SHIBA INU were clearly inspired by the history of DOGECOIN and decided to hype themselves and make money.
Only if Musk raised the price of DOGE to the skies with his tweets, then the creators of SHIBA miscalculated by donating 50% of the tokens to Vitalik Buterin. His announcement to donate his tokens to a covid fund plunged the price of Shibusdt by 44% on May 13.
May fall on the crypto market finished off SHIB investors.
I n total, Shibusd price fell by -85-88% from highs
Let's say right away that we do not trade such manipulative instruments, but we were asked to analyze it.
So, the sellers stopped yesterday's attempt to break through on large volumes, which showed that they could lower the Shibusdt price by -44% from the current price.
If buyers do not give up, and a positive attitude returns to the crypto market, then there is still a chance to break up this consolidation. In this case, a safe long only after a confident price fixation above $0.000010 or after a strength retest of $0.0000080
Also, it is not necessary to exclude the news-manipulative fact that can organize a pump coin. If you like to play such a risky roulette, then the levels on the chart will help you navigate where you should exit the position.
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