Shiba Inu has been in a sideways trend for a year or so. That is about to end.
Technical analysis shows the linear regression downward trend is coming to an end, and we are in the bottom 25% of the Fibonacci Bollinger bands, indicating trade entry here is low risk. The moving average is heading toward the 3-year pivot highlighted in thick yellow. This will be the catalyst to move the price significantly upward. Target is 0.00006
Technical analysis shows the linear regression downward trend is coming to an end, and we are in the bottom 25% of the Fibonacci Bollinger bands, indicating trade entry here is low risk. The moving average is heading toward the 3-year pivot highlighted in thick yellow. This will be the catalyst to move the price significantly upward. Target is 0.00006
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.