SHIB may be a meme coin, but the emotions being traded are the same. This is looking to me like a classic elliot wave with SHIB having formed 2 bull flags on the daily already.
The price is also being supported by the 50 day moving average, might be a good point to buy right now - whales are still holding and picking up more.
Fear and greed on the all time low.
Do your own research, this is not financial advice and I am not a financial advisor.
The price is also being supported by the 50 day moving average, might be a good point to buy right now - whales are still holding and picking up more.
Fear and greed on the all time low.
Do your own research, this is not financial advice and I am not a financial advisor.