Theres a pennant forming on the 1 hour chart for SHIB.
Zooming out to the 4 hour chart, it does look very neutral. But if the price action can get above the ichimoku cloud on the 15minute and the 1hour chart, things could definitely take off.
We have become Bullish on Shiba Inu, SHIB , and the price has gone down quite a bit since our last analysis in February. We are down over 90% since the All Time High in November 2021. That ($0.000014) Support Area was going to be our next Buy Zone and we have since gone down further to the ($0.00000929) Support Area. Buy signals arrived in June from the Engineer...
Possible pattern on the 4hour - 1 day chart.
Very interesting to see, would like to see price make its way back to the neckline, and then some consolidation there below it.
Have drawn two blue lines. I feel like there might be a slight diagonal neckline here, but the horizontal line is more of a given and less subjective/open to interpretation.
As we can see in the chart, we are in a descending channel that has reached an important support area. If it loses this important range, it will fall more and if the buyers support, we can increase the price up to the ceiling of the channel.
If the roof of the channel breaks up and goes out of the resistance range, a buy offer is given.
Its not Buy or Sell...
✅ $SHIB increased to descending trend line as my last analysis and now faced the same trend line again.
price may have a correction to support zone then try to break out and continue its rally to resistance zone.
Hello dear traders ....
Shiba Inu has an interesting technique in time 30,
you can see the pattern on the head and shoulders,
and I marked the Elliott points, so expect a short-term growth of up to 5, in the daily time when on the Moving average ( 200) .
I adjusted, it's still too early for the pump to grow, when the Moving average (200) hits the support point...
Shiba lost all its support, the first support is the price of 2044, then the most important support is the price of 1704, with this price it may change direction and find an upward trend. Otherwise the last support price is 1000.
Based on the chart after a long time, correction to the downside the price is close to the major support and the green trend line ✔️
the price doesn't break the support level and the green trend line to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if the price breaks the range area to the upside, we...
All People who know about Crypto Currency know what that Shiba proof last months and now is one of TOP #15 crypto in the marketcap you can invest a lot to get a lot for a short times and if you plan to be rich with few invest , yes you can but you need more time and don't take an overdose of dreams because actually is impossible for Shiba to reach 1$ neither 0.1$...