bitcoinist.com (nprofile…le2g)
✍️ Crypto analyst Andy predicts Shiba Inu price could soon rally to new all-time highs, citing technical indicators and potential fundamental triggers.
👉 Shiba Inu appears poised for a potential breakout from a 1000-day consolidation pattern
👉 The 1.618 Fibonacci time extension is a significant technical indicator often associated with trend reversals
👉 The inverse head-and-shoulders pattern is forming on the daily timeframe, indicating potential upward momentum
👉 Positive ecosystem developments, such as Shibarium upgrades and token burns, could act as fundamental triggers
👉 Diminishing exchange supply and broader market sentiment, like the Bitcoin supercycle, could support a rally
#Andy #JavonMarks #SHIBKnight #technology
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Crypto analyst Andy has predicted that the Shiba Inu price could soon rally to new all-time highs (ATHs). He remarked that the meme coin appears poised to break out from a 1000-day consolidation pattern, which could spark this parabolic rally. Shiba Inu Set For Potential Breakout After 1000-Day Consolidation In a TradingView post, Andy stated […]
https://bitcoinist.com/shiba-inu-1000-day-consolidation/