Shiba Inu (SHIBUSD) is on a remarkable 2-week rally that has already hit the November 2021 levels. Such a strong move is the start of year long parabolic rallies and the one coin that Shiba seems to be replicating is XRPUSD.
In fact it appears (on the 1W time-frame) that SHIB is copying XRP's 2014 - 2016 Bear and subsequent accumulation phases, which eventually...
Exactly 2 months ago we posted the following 'odd' idea after we found similarities between Shiba's (SHIBUSD) post-May 2022 price action with the May - September 2021 sequence:
The fractals looked identical, the RSI sequences too and the 2021 price action fit well inside the 2022 one.
Today Shiba broke above the Lower Highs trend-line that has been in effect...
This is an update to the Shiba (SHIBUSDT) pattern I published for SHIBUSDT on February 07:
As you see, the Resistance Zone held, the price got rejected on the 1D MA100 (green trend-line) and that pushed SHIBA back to its Support Zone where it started a tight consolidation within the two Zones. This consolidation pattern continues to mirror the very same June...
