Shibusdtanalysis
SHIB , price in a channel . just gotta wait and see what will happen. if the price could go upper than the local resistance line (the red zone) and the MAs , then rise is expected to the top of the rectangle. also price could drop from here to the bottom of the channel . so the things we waiting for are (time to buy):
1- price to break the trend line
2- price to go upper than MAs
3- MACD cross
SHIBA INU ✌💥💣🐱👤 After breaking a 16-day downtrend and stabilizing the price above the trend line, it is ready to move towards the targets drawn in the chart.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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SHIBUSDT FLAG & FALLING WEDGE PATTERNHello
Welcome to this analysis about SHIBUSDT, we are looking at daily timeframe perspectives. SHIBUSDT in recent times decreased with bearishness however it now moved into an oversold condition. SHIBUSDT is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SHIBUSDT is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SHIBUSDT has emerged with this key FLAG & FALLING WEDGE PATTERN marked in my chart with the black boundaries. SHIBUSDT is near support region which is an important support and also psychological support-mark together with the lower-boundary of the FLAG & FALLING WEDGE PATTERN a pullback
In this manner, thank you for watching my update-analysis about SHIBUSDT and its major FLAG & FALLING WEDGE PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!