#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy
2024-11-05

#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy


At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin.

In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets.

After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999.


Also invite you to benefit from my Bitcoin setup and analysis...


Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link : 



According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌

In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉