The SHIBUSDT price broke through the trend-falling channel much earlier than the DOGEUSDT price in mid-August this year. However, it seems that the buyers of the "older brother" of DOGE are much more because, over the past week, the value of DOGECOIN has grown +150%.
SHIBUSD buyers were able to raise the price by only +50% over the past week, which is 3 times weaker than the price of DOGEUSD, but it is higher than the average result in the cryptocurrency market in general.
In our opinion, the SHIBAINU price will still be in consolidation for some time before starting a global upward trend movement.
Therefore, we have estimated two possible scenarios for the SHIBUSD price behavior: 1. Blue - more pessimistic, if the price fails to update the high in the coming days, and sellers will beat the price down, letting the shadows from above. In this case, the correction itself may be delayed and will be deeper, in the area of $0.00001 2. White is more positive if SHIBA buyers can update the price high to $0.000017 in the coming days. The possibility of such a course of events is fueled by the fact that we expect the price of BTCUSDT to continue to grow
Looking at the chart of SHIBUSDT globally, we can see 2 liquidity levels $0.000024 and $0.000035, which in the future can act as a magnet for medium-term price growth goals. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
This piece of crap isn't going and anywhere. It had ZERO value in the crypto space. They talk about this sh!t coin like they did AMC. Look how that turned out
CryptoCheck-
⋅
Thanks for the Shib update
Cybernetics_tl
⋅
Its interesting to see prices leaving their channel and working into that period of market balanced ! Good view and good luck !
HAMED_AZ
⋅
Nice one
Lingrid
⋅
Great chart, thanks for sharing
TopTradingSignals
⋅
Thank you bro!
AtlasTrades
⋅
You made me reconsider to shiba chart
Leo-btm
⋅
clean charting 👍
RLinda
⋅
I agree with u. Keep it up)
SwallowPremium
⋅
Great job! Let’s have a great trading session, thank you!