A local uptrend has formed with rising lows along the support line. At the moment, the instrument is consolidating under the local level of $0.008127, where liquidity and participants' stops are accumulated. There is potential for further growth.
A pullback from current prices to the support line with further trading is possible.
I expect a breakdown of the local r
I expect shiv to reach this target in the next few weeks to months it’s looking very strong in a reversal pattern.
Entry_773
Sl_760
Tp_890
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#SHIB moving inside a falling wedge and testing the MA100 on 3-days chart. Full send if we do breakout the pattern.
Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis:- Shiba Inu (SHIB) was another notable gainer on Thursday, as price rose for a second consecutive day.
Following a low of 0.000007429 on Wednesday, SHIB/USD rallied to an intraday high of 0.000008208 earlier today.
today’s gains have sent SHIB to its highest level since August after the price rose by nearly 10% today.
earlier gains have somewhat faded, as a result of the RSI failing to break out of a ceiling at 70.00.
price strength now sits at 69.15, with a floor at 61.00 a likely target should momentum begin to shift.
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