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Thursday, August 3, 2023

August 03, 2023 at 04:52AM SHIB.USDT, The Main Scenario will happen soon

SHIB.USDT, The Main Scenario will happen soon

SHIB / TetherUS BINANCE:SHIBUSDT

It's NOT financial advice.
I am just sharing my view and opinion of the chart.
Do your own research.

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Hello Traders, here is the full analysis for SHIBA.USDT
Let me know in the comment section below if you have any questions

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As you can see we are still in a bearish trend and I expect to drop further towards the support areas.

As you see we are in a Pennant (A model of wedge ) and According to the structure of this model, I expect to break the low.

*** The First target is the maximum distance from the top to the low in the pennant
*** The Second target is the distance between Swing 1 and Pennant (Black Line) at the price of 0.0....533
*** The 3rd target is the distance between Swing 2 and Pennant (Blue Line) at the price of 0.0....400


That's all.
Thank you for considering my analysis and perspective.

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