So, simple rule of Shiba Inu reaching our one cent is: that three different scenario so increasing in the shiba inu price will increase the market cap for the shiba inu. The other scenario is going down on the total supply. So, based on these two different kind of aspects i’m going to present four different kind of scenarios. It’s hard to say when will Shiba inu...
A rounding bottom formation is developing.
Volumes have shrinked.
RSI has started moving up.
As long as 0.00000550 is not violated.
Expect gradual ascent in price.
Volume should rise along the rise now.
Resistance is at 0.00000986.
Breakout and close above 0.00000986 can resume the process
of the other side of rounding bottom which is...
Shiba Inu /USD
Support of 0.000000607 was violated.
Low made was 0.000000550.
A recovery is seen back back 0.000000607.
Swing bottom has been formed on daily chart eod.
Further weakness is below 0.000000550.
RSI in oversold if sustains at current level or above
then expect near term rise towards
Supply zone will be 0.000000928/0.00001038.
Currently, the SHIB price failed to keep up its earlier momentum and is seen falling into a bearish trap. In the early hours the price surged significantly, moved to $0.00001012 crossing the $0.00001 mark. When the price was expected to surge higher, the tables turned and SHIB got some bears in hand. Currently the price is dipping and the price change from earlier...
After witnessing a selling pressure near the trendline, the stock has broken its support from 0.00001590 level.
If it drops with good volumes, we can expect it to drop towards 0.00000790 (channel support) level.
I'll add the next targets later based on if it retests, or breaks down.
I've tried my best to make accurate analysis with such little time-frame, hope...