Hello Crypto traders!

Let’s talk about memecoin Shiba Inu (SHIBUSD) in which we see very interesting pattern.

The book says: Every mania is followed by a decline that ends at the starting point of the advance. SHIBA can be still looking for wave (C) sell-off that can send the price back down to 0.*10 – 0.*05 support zone and beginning of mania cycle, especially if we consider current sideways bearish running triangle pattern in wave (B) that can be approaching the end soon.

Be humble and trade smart!
If you like what we do, then please like and share our idea.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.