From the yellow line i placed 1 week ago we can see that shib has bounced back nicely from the bear market divergence line that i had placed. It is important to follow the pattern coming into this week as a fall below the yellow trend means we could be entering into a bear market. However i personally don't think this is likely and predict to see around the 4000...
Hi Guys sorry i haven't been updating charts as you know from my last post i mentioned the importance of staying above 3500 for support until momentum for a breakout to 4000 levels on Shiba Inu.. I'm still confident we are not entering into a bear market as of yet, rather what we are seeing is a sell off in exchanges to have capital for future projects.. This...
just wanted to share my long and bullish position on shib.. if shib can hold strong support at 3500 then we can be in between the 3500 and 3970 range until we break 4000 then we can go all the way to 4600 easily.. let's see what happens stay strong army 💜
From the 60 percent fall we have had from institutional buyers who took advantage of the purchasing power of the Shib Army. We have finally fallen back to solid consolidation ! yay Every time shib has shown solid consolidation it has proven to go for it's next bull run and each have proven to be even stronger than the last besides the first wave more a less on...
My analysis first one a bit nervous very simple most likely will take this down to do better ones i guess i don't know haha enjoy either way.
Lets look at the reason why this sell of is happening ? My strategy going forward im still bullish on the market and don't see this sell off as entering into a bear market yet. Stay Strong shib army :)
It's been a scary ride for a while but i'm hoping to see some nice consolidation i did start taking about a bear market however i didn't get into it because it was going to go for too long however i will be discussing what a bear market does and how it's different to what we are seeing here. Hope you enjoy looking forward for feedback
This is my analysis that gives a better understanding of market sentiment and how to prevent the market taking advantage of your emotions and fears by understanding that the market does what the people want it to do not what you think it should do. There are clear areas that give traders more confidence to buy and more concern for selling. You can apply this...
The chart shows the growth of the following coins shib, bitcoin, eth, mana and cro. Shib seems to be in a good position alongside mana that it was able to achieve a 900% gain and fall to the 546% levels without dropping further and still showing signs of support. In the case of a bull market cycle these are healthy indicators of bullish momentum and growth within...