Long-term technical analysis of Shiba Inu
I think Shiba Inu has two goals in the near future: 0.0006 $ and 0.003 $
reasons :
1- We see that Shiba Inu is nicely placed in a long-term uptrend channel and we
know that the price always tends to move like in the past.
2- You can see the pattern of the cup with a little care, so we expect
the price to grow as much as its height.
3- The descriptions 1 and 2 mentioned above are exactly the same as the
time analysis, and all three of them confirm the predicted targets.
4- The 100-day Moving Average is broken up for the first time in a long time.
5- In the last few weeks, we have seen a lot of fundamental news,
and this news will help its price explode.
6- Shiba Ino is now at the bottom of its long-term ascending canal
and is now compressed like a spring and does not need much time to jump and
reach the canal roof and we must wait for its price to explode soon.
I think Shiba Inu has two goals in the near future: 0.0006 $ and 0.003 $
reasons :
1- We see that Shiba Inu is nicely placed in a long-term uptrend channel and we
know that the price always tends to move like in the past.
2- You can see the pattern of the cup with a little care, so we expect
the price to grow as much as its height.
3- The descriptions 1 and 2 mentioned above are exactly the same as the
time analysis, and all three of them confirm the predicted targets.
4- The 100-day Moving Average is broken up for the first time in a long time.
5- In the last few weeks, we have seen a lot of fundamental news,
and this news will help its price explode.
6- Shiba Ino is now at the bottom of its long-term ascending canal
and is now compressed like a spring and does not need much time to jump and
reach the canal roof and we must wait for its price to explode soon.
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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.