✴️ Shiba Inu Next Target Mapped Series ($0.2397 Next)
We looked at Shiba Inu recently mentioning the potential end of the correction... This wasn't so, let's see what happened.
The first bounce, 8-Mar., was fake.
Now we have another bounce, how do we know if this one isn't also fake?
8-March there was no volume and thus prices continued lower and hit the 0.786 Fib support.
Two days of consolidation followed and 13-Mar. we get really high volume on the way up, that's the confirmation.
This can be the real deal, the real bounce/support found because buyers did show up.
Initially we had the bullish signals but there was no volume support.
The next potential target for Shiba Inu (SHIBUSDT) sits around 0.00002250 for a nice 100%+.
Higher lows lead to higher highs and the December 2022 low is the invalidation point.
This is the last one for today.
Thank you for reading.
See you on the next round.
Namaste.
The first bounce, 8-Mar., was fake.
Now we have another bounce, how do we know if this one isn't also fake?
8-March there was no volume and thus prices continued lower and hit the 0.786 Fib support.
Two days of consolidation followed and 13-Mar. we get really high volume on the way up, that's the confirmation.
This can be the real deal, the real bounce/support found because buyers did show up.
Initially we had the bullish signals but there was no volume support.
The next potential target for Shiba Inu (SHIBUSDT) sits around 0.00002250 for a nice 100%+.
Higher lows lead to higher highs and the December 2022 low is the invalidation point.
This is the last one for today.
Thank you for reading.
See you on the next round.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.