✴️ Shiba Inu Correction Likely Ending
We have a nice full green candle yesterday that pushed SHIBUSDT right back above EMA100.
The correction is likely ending.
In early February SHIBUSDT hit its highest level since August 2022, what followed was a correction which is normal after strong growth.
Recently the 0.618 Fib. retracement level has been tested and a strong reaction took place.
Notice the falling wedge pattern in gray.
This is early but get ready... The correction might be reaching its end.
Namaste.
The correction is likely ending.
In early February SHIBUSDT hit its highest level since August 2022, what followed was a correction which is normal after strong growth.
Recently the 0.618 Fib. retracement level has been tested and a strong reaction took place.
Notice the falling wedge pattern in gray.
This is early but get ready... The correction might be reaching its end.
Namaste.
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🔝 Cryptocurrency Technical Analysis
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