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Saturday, March 9, 2024

March 09, 2024 at 08:57AM SHIB/USDT shows potential 96% gains ( LONG | < 1 Week )

SHIB/USDT shows potential 96% gains ( LONG | < 1 Week )

SHIB / TetherUS BINANCE:SHIBUSDT

Hi!

Here's my idea for Shiba Ini coin.

I don't know what I'm doing but:

  • The fibs add up
  • The trend lines add up
  • The pattern (wedge) show a new (potential) bullish outbreak starting right around now

It's a meme coin, and 2024 is the flight of the memes.
I would get in on it right now.

That said, I'm not a pro, don't rely on my charts. DYOR.

Best, M

March 09, 2024 at 06:41AM Is Shiba Poised for a Potential Breakout?

Is Shiba Poised for a Potential Breakout?

SHIB / TetherUS BINANCE:SHIBUSDT

SHIBUSDT
Is Shiba Poised for a Potential Breakout?

Shiba is currently showing signs of accumulating strength and potentially gearing up for an upward move. The price appears to be forming a bullish triangle pattern, and a surge could be imminent once it breaks through the triangle's bottom trendline. This potential breakout is further bolstered by the support of the 120-day moving average, which often indicates an underlying uptrend.

3 Key Points:

  1. Shiba Coin might be forming a bullish triangle pattern.
  2. Price could rise once it breaks through the triangle's bottom.
  3. Support from the 120-day moving average adds to the bullish signal.

Remember: This analysis is for informational purposes only and shouldn't be taken as financial advice. Always do your own research before making any investment decisions.

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