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Monday, November 6, 2023

November 06, 2023 at 06:49AM #Shiba #shibusd targets until the end of 2023.

#Shiba #shibusd targets until the end of 2023.

SHIB / TetherUS BINANCE:SHIBUSDT

Shiba's TARGETS until the end of 2023.
Unfortunately, Shiba's charts are incomplete and do not show the initial movements and rises of this currency, so it is difficult to analyze its next goals.
But if we consider the same chart and consider the Ascension from 2020 to 2021 as a five-wave structure, based on the existing possibilities, we will reach a series of targets. Target one and two are available with a high probability, target three is ideal and target four has a low probability, but this is not the end of the job and if the conditions are met, higher targets are also available.

TARGET1: 0.00001480$
TARGET2: 0.00003000$
TARGET3: 0.00007500$
TARGET4: 0.00016000$
TARGET5: OPEN

Suitable entry range: 0.00000850 - 0.00000700$

STOP LOSS: 0.00000630 $


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November 03, 2023 at 04:51AM SasanSeifi ๐Ÿ’‍♂ SHIB / USDT DAILY

SasanSeifi ๐Ÿ’‍♂ SHIB / USDT DAILY

SHIB / TetherUS BINANCE:SHIBUSDT

Hey there! In the daily timeframe, as you can see, the price has been accompanied by buying demand from the 0.00000670 range. With the break of the 0.00000733 resistance, it managed to move into the supply zone. Currently, after the growth from the supply zone, it has encountered negative reactions and is trading in the price range of 0.00000770, indicating a range-bound movement.

A potential scenario to consider in the daily timeframe is as follows: If, after the consolidation, the price can break above the significant resistance range of 0.00000800 and consolidate, there's a possibility of further growth towards the specified targets, as shown in the image. The important support ranges are at 0.00000740.

Alternatively, if the price falls below the support range and consolidates, there's a possibility of a price correction to the support zone at 0.00000670. The potential trend is also depicted in the image above.

As always, it's essential to conduct your analysis and consider additional factors before making any trading decisions. Good luck! If you found this analysis helpful, please show your support by liking and commenting. Thank you! ๐Ÿš€๐Ÿ˜Š

❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!✌