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Shiba Inu (SHIBUSD) Enters Ending Phase of Bearish Trend

Shiba
May 19, 2023

Shiba Inu (SHIBUSD) Consolidates As It Becomes Extremely Oversold

SHIBUSD Analysis: Price Consolidates As It Becomes Extremely Oversold SHIBUSD consolidates as it becomes oversold according to the RSI (Relative Strength Index). A reversal or retracement phase will set in as the price bounces off the discount array. The discount array is a bullish order block arou...
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May 14, 2023

Shiba Inu (SHIBUSD) Retracement Phase Looms As The Third Wave Approaches Support

SHIBUSD Analysis: A Retracement Phase Looms As The Third Wave Approaches Support SHIBUSD retracement phase looms as the third wave approaches to support. The motive wave began on February 5, 2023, after a surge into the $0.000015900 supply zone. The price is currently in the third wave. However, th...
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May 09, 2023

Shiba Inu (SHIBUSD) Approaches Target As Buyers Set Entry At Demand Zone

SHIBUSD: Price Approaches Target As Buyers Set Entry at Demand Zone SHIBUSD approaches its target as buyers set entry at the demand zone of $0.00000960. However, the bullish phase will only last for a short time. This is due to the apparent trend of the market on the daily chart. On the daily chart...
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April 28, 2023

Shiba Inu (SHIBUSD) Heads Lower As Price Breaks Diagonal Support Downward

SHIBUSD Analysis: Market Heads Lower As Price Breaks Diagonal Support Downward SHIBUSD heads lower as the price breaks diagonal support downward. Before the breakout, the market was in a consolidation phase. However, according to the Moving Average Convergence Divergence (MACD), the market has resu...
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April 21, 2023

Shiba Inu (SHIBUSD) Bearish Trend Continues as Price Breaks the Diagonal Support

SHIBUSD Analysis: The Bearish Trend Continues As Price Breaks The Diagonal Support SHIBUSD bearish trend continues as the price breaks the diagonal support. Within the current trading range, the price is heading into the discount zone. The current trading range is bounded by the $0.00001590 supply ...
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