Fully bullish trend!
Despite today's sharp decline.
After a bull run that sees Shiba grow 1000% in 1 month, I believe a retracement of this magnitude is physiological and normal.
The trend is exponential and the supports lean on the 50-period moving average on which it has bounced twice, calling for a new rise.
Do not underestimate the Flag pattern which was confirmed by touching the lower part of the flag for the third time.
I expect it to hit 0.00009 in the next few days, coming in at 38.2 fibonacci
What do you think about it??
Despite today's sharp decline.
After a bull run that sees Shiba grow 1000% in 1 month, I believe a retracement of this magnitude is physiological and normal.
The trend is exponential and the supports lean on the 50-period moving average on which it has bounced twice, calling for a new rise.
Do not underestimate the Flag pattern which was confirmed by touching the lower part of the flag for the third time.
I expect it to hit 0.00009 in the next few days, coming in at 38.2 fibonacci
What do you think about it??