The coinbase pump is often short lived, and this has only corrected ~15% from the local high. teetering on the upper end of bb and stochi RSI.
Targeting ~.00000745, but could go lower -- or could moon who the hell knows, DYOR =)
Hello trading friends,
This is a new trend update for Shiba, as we follow Shiba for the long term with the short and long trends.
We did get a good increase trend, and what is next?
First of all its important that we should see or this increasing trend will get a time frame, so it can increase further, at this moment it's better to wait for some confirmations...
SHIBA INU INVERSE HEAD & SHOULDERS (BASED ON CLOSING) #BULLISH
Since May 10, 2021 opening to today, formed a beautiful setup to explode!
I have a feeling we could moon a good distance! upwards to .00004 the previous high
I would guess then hit that resistance to fall down and form the handle, back up headed towards moon!!!
This isn't over its just getting...
SHIBA INU BROKE CRITICAL RESISTANCE! #BULLISH
This isn't over its just getting started!!! Previous high of .00004 4 times higher then current price @ .000009
SHIBA INU currently has a market cap of 4,500,000,000...
When SHIBA INU hits .01 it will have a market cap of 450,000,000,000 with a Big B
Which would put it at the #2 spot above Ethereum currently.
This one stole the show from Doge. I think every Doge maniac is piling into this one.
I dont think its done pumping yet.
There are no technicals, fundamentals or common sense that you can apply. All I can say is there is a pic of a Shibu dog on Elons Twitter and thats good enough of an analysis for me.
Gonna yolo in for the second time today but not holding...
My Minimalist Analysis of $SHIBXM
1) TARGET ALERT - 40-70% gains since 9.8.21
2) Looking @ 120% GAIN when it breaks resistance @ 45% from ENTRY (EAV)
HOW TO READ MY CHART
Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA,...
Not a financial advisor.
Coinbase came in with a rug pull just recently.
Extremely high risk here. Proceed with caution.
.00009 was the previous high.
Now trading at .000007 ish
Could be seeing a chance to get back up to that .0009 or even higher here.
Volume appears to be pouring in.
So this is the analysis for Shibainu, as you can see in the weekly timeframe we have an inverted head and shoulder pattern which is a good indication of a bullish trend! This is something we need to keep our eyes on!
in maths classes we got taughted that when you make division by one thing by other thing and that other thing is the first thing ur suppose to get like 1 or something
but shibn ibns doesnt makes that
i wonder if that meen that shib is broken
haha just kidding im not dumb, this is called an arbitration opportunity
good thing i have a lawyer
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