It is very likely that the process of forming the "Adam and Eve" trend reversal pattern is underway on the ShibUsdt price chart
This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.
If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.
Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500
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This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.
If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.
Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500
_____________________
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okx.com/join/20PSTRADE
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🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
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