istorical Pattern Repetition (2024 & 2025):
The chart suggests that SHIB is following a repeated pattern cycle:
Stage 1 – Falling Wedge (Completed)
Stage 2 – Cup and Handle (Completed)
Stage 3 – W Pattern (Recently Completed)
Stage 4 – Inverted Head and Shoulders (Pending Formation)
Key Highlights:
✅ Buying Zone Identified between 0.00001167 – 0.00001271 USD.
🎯 New Target: 0.00002431 USD, representing a potential 90% return from the buying zone.
⚠️ Breakout Awaited: Stage 4 pattern (Inverted Head and Shoulders) is pending confirmation, which could trigger a major upward move.
🔄 Emphasis on pattern repetition to project future price action.
Conclusion:
The chart analysis suggests that SHIBA INU is mirroring its previous bullish cycle. With three bullish stages already complete and the fourth (inverted head and shoulders) pending, a breakout could lead to a significant price rally targeting 0.00002431 USD.
The chart suggests that SHIB is following a repeated pattern cycle:
Stage 1 – Falling Wedge (Completed)
Stage 2 – Cup and Handle (Completed)
Stage 3 – W Pattern (Recently Completed)
Stage 4 – Inverted Head and Shoulders (Pending Formation)
Key Highlights:
✅ Buying Zone Identified between 0.00001167 – 0.00001271 USD.
🎯 New Target: 0.00002431 USD, representing a potential 90% return from the buying zone.
⚠️ Breakout Awaited: Stage 4 pattern (Inverted Head and Shoulders) is pending confirmation, which could trigger a major upward move.
🔄 Emphasis on pattern repetition to project future price action.
Conclusion:
The chart analysis suggests that SHIBA INU is mirroring its previous bullish cycle. With three bullish stages already complete and the fourth (inverted head and shoulders) pending, a breakout could lead to a significant price rally targeting 0.00002431 USD.
Technical Analyst BY Passion
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical Analyst BY Passion
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.