Shiba Inu Still Early Massive Wave yet Bullish —1,558% PP
The blue pattern on the chart is an analog of the purple pattern but bigger.
It is still early for Shiba Inu (SHIBUSDT) because the action is happening below MA200. The long-term bullish bias is only confirmed once the action moves and closes above this level.
This shouldn't be considered bearish because we have a clear higher low based on the two different consolidation patterns. The purple one produced the main low and the blue one the higher low. Multiple higher lows.
Lows—support confirmed—in August 2024, April & June this year. And that's it. This weekly candle is now full green and everything is about to turn positive crazy. Shiba Inu has been bearish since March 2024.
There was some bullish action in November 2024 but it ended as a lower high, what a bummer. All this time with no new highs, no major growth. This cycle is coming to an end. The null cycle, the boring cycle, the little-to-no-profits cycle is over... That's awesome. What does Shiba Inu has in store for us?
A new all-time high to start. Maximum growth. Euphoria, higher prices; growth. It will be awesome.
I am giving you all of the targets for Shiba Inu (SHIBUSDT). The highest one is 0.000220491. Total profits potential reach 1,558% from current price.
There are two resistance levels of interest below the previous ATH: 0.000067612 & 0.000057511.
Minimum new 2025 all-time high we will go for 0.000103188 for 676%.
You can find more numbers and targets by doing a close-up on the chart.
I hope you find this information useful.
Your support is appreciated.
Namaste.
No comments:
Post a Comment