SHIBUSD
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SHIBUSD The Death Cross may form the new bottom.
Shiba Inu (SHIBUSD) is on the Bearish Leg of a 1-year Triangle pattern and is about to form a Death Cross on the 1D time-frame. The last 1D Death Cross (July 17 2024), caused one final pull-back to form the new bottom, which as you can see was on a Double Bottom 1D RSI.
The target of the Bullish Leg that emerged after this was the 0.786 Fibonacci retracement level. As a result, we will wait for these conditions to be fulfilled in order to buy and target on the medium-term 0.000026 (Fib 0.786).
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#shiba #Shibalnu #SHIBUSDT #SHIBUSD #signals
The target of the Bullish Leg that emerged after this was the 0.786 Fibonacci retracement level. As a result, we will wait for these conditions to be fulfilled in order to buy and target on the medium-term 0.000026 (Fib 0.786).
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#shiba #Shibalnu #SHIBUSDT #SHIBUSD #signals
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