Shiba Inu Long Accumulation x3.6 profit! Next move revealed x2!Hey, here is the chart compare between Shiba Inu and Ripple (in 2017)
Both charts look similar and have at least 2 similar shapes.
First let's see Ripple price action and you can find on the left side of the chart — Hypodermic Top, the distribution pattern which
consists of two rapid movements up and down almost on the same price range. Thereafter Price developed the Cup & Handle accumulation range before establishing a new ATH for XRPUSD and XRPBTC.
Now take a look Shiba Inu price action at the right side of the chart — the price on SHIBUSDT appears in the same manner:
Hypodermic Top distribution with Cup & Handle accumulation. Now the price made more than x3 from the accumulation range. What a nice rally.
If we look at development of XRPBTC after accumulation (mark up) you will notice Triangle shape, after which price created new ATH and made at least x2 in a few weeks.
So basically this is what I am expecting from the price of SHIBUSDT during the next couple of weeks — sideways in triangle shape and at least x2 rally. Prices have big room to go.
Anyway guys, this is my research, remember — Markets are always going up and down, so DYOR and trade with affordable risk.
Best regards
Artem Shevelev
