Will SHIB make it ?? SHIB Forecast
Are you one of the people that made money on SHIBA INU ??
On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs price increased with a price range of +/-200% and hit our resistance at 0.00002379 and in the next few days it started forming a bullish flag pattern and on 23 of October it broke out of the bullish flag pattern and increased with another price range of +/-200% breaking its ATH of $0.00005044 and creating a new ATH of $0.0008806 and over the last few day is has been retracing to retest its ATH and our lower trend line at 0.00004524.
Therefore if price respects and does not break the support and the lower trendline at $0.00004524 we might see an increase in price and new ATHs created and if it does increase as much as it did in the past with a +/-200% price range increase we might see price around the $0.00013138 range.
BUT if it does break our support and lower trendline at $0.00004524 price is gonna continue dropping till it finds support.
OR maybe a total white out like the squid game meme coin....wouldnt wanna see that happen but keep it in mind and only risk what you will to lose.
L.M
On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs price increased with a price range of +/-200% and hit our resistance at 0.00002379 and in the next few days it started forming a bullish flag pattern and on 23 of October it broke out of the bullish flag pattern and increased with another price range of +/-200% breaking its ATH of $0.00005044 and creating a new ATH of $0.0008806 and over the last few day is has been retracing to retest its ATH and our lower trend line at 0.00004524.
Therefore if price respects and does not break the support and the lower trendline at $0.00004524 we might see an increase in price and new ATHs created and if it does increase as much as it did in the past with a +/-200% price range increase we might see price around the $0.00013138 range.
BUT if it does break our support and lower trendline at $0.00004524 price is gonna continue dropping till it finds support.
OR maybe a total white out like the squid game meme coin....wouldnt wanna see that happen but keep it in mind and only risk what you will to lose.
L.M
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