#Analytics 🐕 SHIB/USDT
In our previous analysis of SHIB July 11 , July 20 we wrote that it is one of those assets, which should be entered as often as possible, in order to be in a position at the moment of growth in August (it was very likely, based on the number of expected infoprovods). So we see that SHIB has been growing almost every day during the whole August, showing itself stronger than the market.
The only shame is that SHIB did not give an adequate pullback to enter the position 😅 What to do now?
Infos
On the Shibarium blockchain - insiders claim that it will be launched in the next 2 weeks.
Also, the other day, the developer of Shib announced three upcoming partnerships.
Graph
In the July 20 analysis they wrote that the downtrend is about to be broken. Since its breakdown, the upside is already ~33%. That's strong, of course.
The growth is strong, but it is very qualitative. By "qualitative growth" we mean adequate growth with rising lows and highs, clear pullbacks (50-62% Fibo) + working off mirror levels. Just look at how mirror levels are working out perfectly on SHIB. And the pullbacks were clearly at 0.618 and 0.5 Fibonacci. What a beauty 🤌
Another successful retest of the mirror level yesterday. We already see a good reaction from the 980-1020 zone and the pullback was 50%. We think that resistance 1130-1200 will be tested again (this is 7-13% from current).
Ocean TA | Education | P2P | Indicators | All trade agreements
In our previous analysis of SHIB July 11 , July 20 we wrote that it is one of those assets, which should be entered as often as possible, in order to be in a position at the moment of growth in August (it was very likely, based on the number of expected infoprovods). So we see that SHIB has been growing almost every day during the whole August, showing itself stronger than the market.
The only shame is that SHIB did not give an adequate pullback to enter the position 😅 What to do now?
Infos
On the Shibarium blockchain - insiders claim that it will be launched in the next 2 weeks.
Also, the other day, the developer of Shib announced three upcoming partnerships.
Graph
In the July 20 analysis they wrote that the downtrend is about to be broken. Since its breakdown, the upside is already ~33%. That's strong, of course.
The growth is strong, but it is very qualitative. By "qualitative growth" we mean adequate growth with rising lows and highs, clear pullbacks (50-62% Fibo) + working off mirror levels. Just look at how mirror levels are working out perfectly on SHIB. And the pullbacks were clearly at 0.618 and 0.5 Fibonacci. What a beauty 🤌
Another successful retest of the mirror level yesterday. We already see a good reaction from the 980-1020 zone and the pullback was 50%. We think that resistance 1130-1200 will be tested again (this is 7-13% from current).
Ocean TA | Education | P2P | Indicators | All trade agreements