A new technical analysis on TradingView indicates that the recent price movements by Shiba Inu may hesitate to a familiar structure of last year earlier, which increases the possibility of repeating the same date. The SHIBANU scheme from November 2024 examined the present time and pointed to a series of patterns that also appeared between March and November 2024, patterns preceded a large gathering.
The analysis determines a clear path that can lead To increase a noticeable price About $ 0.00003 if these price patterns continue to play.
Style analysis indicates that Shiba Inu may be ready to move a large upside down
the The entire analysis is based By the way that the encryption markets It is a patrol and Show frequent behaviors, mobilization psychology, and known plans patterns. It is worth noting that this analysis uses four stages of distinctive patterns that have been played on the Shaiba Ino scheme daily.
TradingView analyst began to highlight the finishing of the drifting spoiler in the SHIB price scheme, which is a classic bi -up in reverse preparation. The analyst pointed out that this same structure was operated from March 2024 to September 2024, as it was an introduction to the penetration in the weeks that followed.
As of now, it seems that Shaiba Ino has exceeded the preliminary phase, which led to the way for the second stage, which was identified as a cup and future pattern. This style, which was recently observed and confirmed, reflects the formation of the MIM in August 2024, when the stage of a brief monotheism ultimately gave an upward step.
The analyst believes that the scheme has now entered what they describe as “stage 3”, a stage in which the form of W. historically may appear, this pattern is in line with the strong rising trend in September 2024 when Shayb suffered from multi -price gatherings.
The hack can come after that
Although the repetition of patterns is not guaranteed, the analyst’s comparison of the current and previous configurations provides an interesting narration That the arrogant merchants He will be interested in it. If the final stage starts as the analyst expects, the Shiba Inu may soon form an inverted pattern of the head and shoulder, and it is one of the most powerful references to the bullish reflection in technical analysis. This pattern was last monitored in stage 4 before the mobilization of Shaiba Eno The price is higher than 0.00003 dollars In December 2024.
Based on this four -stage progress, the trader drops 91 % of here, which can raise SHIB to $ 0.0000335. At the time of this report, SHIB is traded at $ 0.00001340, which means that the distinctive symbol is still in the early stage of the expected style sequence.
However, Shiba Eno’s performance in the short -term recently showed. Over the past 24 hours, the distinctive symbol decreased by 7.3 %, and lost the ground after a short batch above the moving average for only 100 days in recent times It was reclaimed a week ago. This decrease now sees Shiba Inu re -testing the same moving average, which can either serve as a starting point for the next upward movement or become broken.
Distinctive image from Istock, Chart from TradingView.com
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