My projection for SHIBA INU

My personal view for SHIBA INU and how it would react to the market structure.

Possible market behavior and price action.

The possible support and resistance based on possible market structure with support and resistance, and trendline.

Will add more idea later.

Comment:

The daily candlestick closed bullish yesterday (referred to Huobi daily chart). And the price still within our ascending channel.

Additional to this, the majority of alt coins also shows the same movement. May be to close the 1st quarter with strong and bullish "signal".

Comment:

It will happened when we least expected it...

But when we waiting, it will just ignored every rule books that there are.

Patience and timing is everything. A Wiseman always keep his prizce loose but not to loose. While we waiting, lets have 5 first and drink some tea.

Comment:

Prices are making a tight range.... with more whale buying and hodling Shiba Inu...

I think there would a last dip in the coming week before bull kick in.

Comment:

The bullish signal has been spotted. Expect some bumpy ride before the the momentum.

Shiba may or may not making a new ATH, but the price will definitely reach the previous ATH.

Enjoy the ride.

Comment:

The price still respect the 2000 support area.... with the US Interest Rate already announce by the Federal Reserve, we will see some action will take place.

And with the Shibarium around the corner, we will see more "burning" to Shib supply. Plus the Shib MetaVerse will accelerate the process.

Just chill and be patience... our time will comes...

Comment:

Wooops... It's break the support. But as we can see, on 21 Jun there has been a wake up called by the bull. And yesterday on 14 August another push up buy the bull occurs. If the price can stay above 0.000013, we can see the bull have some advantages. Next hurdle would be 0.000028.