SHIB / TetherUS
Short

SHIB massive... bearish move ahead.

433
SHIB will rise back to around 0.00002711 before eventually dropping to 61.8% extension of the Fibonacci (0.00001082). The fourth Elliott Wave is rather, a triangle, and the fifth wave will presumably complete by going down to 61.8% extension of the 3rd-4th Elliott Wave.
If Shiba Inu does not find its support at 0.00001082, it will continue to drop, reaching somewhere around 0.00000697 before a possible flip-over of the bulls.
(Just an opinion, though!)

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