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chincrypto
Jul 10, 2021 6:41 PM

Get Ready To Accumulate More SHIB 

Shiba Inu / Tether USDPoloniex

Description

SHIB is currently by far one of my favourite coins. I don't have that much, but it's a good amount to be happy.
Anyways, let's take a look on the MACD and STOCHRSI. The Daily and Weekly do not have enough valid Data Points to give us any hints where we are and where we are going, but what we have on the 4h is a strong indication that we might head down to the deep to the 0.786 FIBB Area. This is where SHIB might bottom out and take us to the next moon levels. and where I'm going to set a huge buy order. Moving Averages are looking quite alright, but EMAs need to recover and turn into a bullish bias. I do not expect to see SHIB getting rugged in any kinda way, since this project is very popular now among Dogecoin Fans and Dog fans in general.
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