We have seen Shiba Inu gain over 300% the last week and now we are in the correction which I believe to be wave 2 of 5. This is my short to medium-term forecast for Shiba Inu token. We have a complex correction which could either be a regular flat. I'm forecasting a regular flat, but we will have to see as the session go on. We have an ABC structure in the minor degree with a WXY in the higher degree. Both the 1 & 4hr RSI has set however the 1hr is slightly below 50 on the EMA, we should hopefully see a deeper correction before upside again for wave 3.
I am really hoping the creators of Shiba Inu have another burn to kill the supply as this will greatly increase the bull run in months to come.
I am really hoping the creators of Shiba Inu have another burn to kill the supply as this will greatly increase the bull run in months to come.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.