Dogecoin and Shiba Inu analysis: Levels to watch for expected move


In our chart, which continues the price movement within the rectangular formation in the medium-long term, the Harmonic BAT Pattern formation within the formation was completed at the same time, and it took its 1st target with its last downward movement. If the selling pressure continues, if there is no candle closing below the 0.19364 level on our chart, which will take the 2nd target at 0.20326, the upward trend will continue. The 0.27450 to 0.29000 region should be followed as the main resistance zone. If we see price action above this region, an increase can be observed up to 0.35500 levels.

Shiba Inu

On the daily chart, the descending wedge formation was broken and the candle closed above it. There was a voluminous breakout and the pattern tested with the throw back movement can see support at 686 sats and start the bullish movement. If the upward movement starts by taking the support from our support level, the resistances at 816 sats and 933 sats levels can be followed. As long as we do not see a candle close below the 551 sast main support level, the uptrend will continue.

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