Shibu Inu (SHIB) coin has witnessed steep correction for quite some time and now consolidating for a long time. On the hourly chart, as of now, SHIB is trading inside a double symmetrical triangle continuation which shows the distribution is finally over and breakout can come anytime.
Also, on the Rate of Change Indicator has crossed above zero indicating the trend may have finally ended and rally may start soon. It is currently taking support on the white line.
This is why keep a close eye on SHIB Shiba Inu’s price as it may surprise you with price hike.
Now, see on the daily chart, how beautifully it is following the long-term support line. It’s also on 0.38 Fibonacci line on daily chart.
The trade set-up looks perfect and the SHIBU seems to be ready to fly for here. You can start accumulating from here. No wonder, it may break ATH.
Also, on the Rate of Change Indicator has crossed above zero indicating the trend may have finally ended and rally may start soon. It is currently taking support on the white line.
This is why keep a close eye on SHIB Shiba Inu’s price as it may surprise you with price hike.
Now, see on the daily chart, how beautifully it is following the long-term support line. It’s also on 0.38 Fibonacci line on daily chart.
The trade set-up looks perfect and the SHIBU seems to be ready to fly for here. You can start accumulating from here. No wonder, it may break ATH.