Shiba is gonna...BINANCE:SHIBUSDT
I see a descending channel for SHIBA!
I guess It's gonna decrease for now! cause no break out is gonna happen for now.
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Shiba Inu Elliott Wave Analysis: .618 Extension HitIn my previous post on Shib, I noted how it was in a multi-year WXY correction and that the termination point for the higher degree wave (Y) and concurrently the higher degree wave (2) will be at the yellow .618 extension. Price has capitulated and has now reached the .618 target. Shib is expected t
SHIBUSD - Is it ready for a breakout?We're getting close to the point where Shiba will have to decide which direction to take. I believe it's ready to make an upward move.
SHIB INUTechnical Overview:
SHIB/USDT is currently entrenched in a bearish trend, marked by a recent breakdown below a critical support level. This breach suggests weakening bullish conviction, though the possibility of a retest of the broken support (now acting as resistance) remains. Such a retest—if it
SHIBA INU looks to be setting up for a move to the upside soon.SHIBA INU has lost nearly all of its gains from the 'Trump election pump,' and is currently down about 45% from the high it set in December. It is trading in the bottom range of the descending wedge pattern, below equilibrium. Sweeping the Nov 4th 'Trump pump' starting point could indicate a big mov
Shib/bone/leash parabola bullish Whales are well in control and is playing ball
As you can see a parabola is in play with a breakout any time from now til may.
I believe when shib makes a breakout bone and leash will follow.
leash could see targets as high as $24k giving it around a 2.6bil cap
The media is starting to heat up and
Shiba Inu Elliott Wave Analysis: What Starts in 5's, Ends in 5'sAnalyzing Shiba Inu’s price action from its inception from 2020, we observe a well defined 5-wave structure emerging from the low, signaling the completion of the higher degree wave (1). Applying a fib extension measurement from the start of wave 1 to wave 3, and then extending it to wave 4, we find
Possible Accumulation Phase, or Pause before descent That escalated quickly.
Let us gently look at the chart, let us keep in mind DOW theory, and the bottom indicator(Chris Moody), miraculously it was shown to us that price has retraced very closely to August 2024 price. In that time, it appears that price went through accumulation phases, markup ph
Old Demand ZoneSHIB is currently making lower lows and lower highs, it is in a downward trend, there is a candle forming at an untouched demand zone that was made from September 2024, but even if we get a reversal in price the short term down trend will not be over until SHIB price goes past 0.00001765. Be patient
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