Shina Inu (Uniswap: SHIWETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, SHI began a red wave one advance on November 14. The red wave one peaked on December 5 and the red wave two correction ended on December 22. The red wave three advance finished on January 29 and the red wave four correction ended on February 9. If this wave count is correct, SHI should be heading next towards the January 29 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Shina Inu is a decentralized meme token on the Ethereum blockchain. Ryzbo reviewed the project four months ago.
(Sources: https://shinatoken.com/)
How Will Shina Inu Trade?
Shina Inu (Uniswap: SHIWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
SHI will takeout the January 29 peak
SHI will drop below the November 14 low
SHI will stay in a trading range between the November 14 low and the January 29 peak until March 21