Hello my friends, today I want to talk with you about falling wedge pattern on Shiba Inu chart.
As you can see on a chart, price draw a falling wedge pattern.
By technical analysis such patterns show in future grow, its bullish patterns.
Price also have very strong support level at 3550 which was a TOP of 1st wave.
On a chart, I indicate 3 targets is:
1st Take Profit - 5700
2nd Take Profit - 7300
3rd Take Profit - 8900 (ATH level)
Can price go higher than ATH ? I think yes it's possible, int his case we can tell about 4th Target around 11000 if you want.
So, at this moment I still think Shiba will show us grow soon which also tells us a falling wedge bullish pattern.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
As you can see on a chart, price draw a falling wedge pattern.
By technical analysis such patterns show in future grow, its bullish patterns.
Price also have very strong support level at 3550 which was a TOP of 1st wave.
On a chart, I indicate 3 targets is:
1st Take Profit - 5700
2nd Take Profit - 7300
3rd Take Profit - 8900 (ATH level)
Can price go higher than ATH ? I think yes it's possible, int his case we can tell about 4th Target around 11000 if you want.
So, at this moment I still think Shiba will show us grow soon which also tells us a falling wedge bullish pattern.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.