SHIB may be a meme coin, but the emotions being traded are the same. This is looking to me like a classic elliot wave with SHIB having formed 2 bull flags on the daily already. The price is also being supported by the 50 day moving average, might be a good point to buy right now - whales are still holding and picking up more. Fear and greed on the all time low. Do your own research, this is not financial advice and I am not a financial advisor.
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.