Someone calls $SHIBA the new 
DOGE, but so far these are just words. Recently, there was information on Twitter that Flare Finance will support $SHIBA.
If you look at $SHIBA through the Elliott Wave Principle, then the probability of the upcoming growth looms. Having set a maximum on May 10, 2021, $SHIBA began the correction phase. This is a sharp correction and it can take the form of a zigzag, double zigzag, or triple zigzag. Counting the waves shows that we have a double zigzag, which probably develops a wave (c) of [y] of 2. From the Fibonacci ratio between the wave [y] and the wave [w], I calculated the approximate end point of the wave [y] equal to $0.00000584.
If the sideways movement continues, it is possible that the wave (b) of [y] may not be completed yet. The fact that the wave (b)of [y] is a triangle suggests that the subsequent wave of decline will be the last.
My short-term forecast is a decline to $0.00000584, but the long-term forecast is a rise above $0.00003500.
DOGE, but so far these are just words. Recently, there was information on Twitter that Flare Finance will support $SHIBA. If you look at $SHIBA through the Elliott Wave Principle, then the probability of the upcoming growth looms. Having set a maximum on May 10, 2021, $SHIBA began the correction phase. This is a sharp correction and it can take the form of a zigzag, double zigzag, or triple zigzag. Counting the waves shows that we have a double zigzag, which probably develops a wave (c) of [y] of 2. From the Fibonacci ratio between the wave [y] and the wave [w], I calculated the approximate end point of the wave [y] equal to $0.00000584.
If the sideways movement continues, it is possible that the wave (b) of [y] may not be completed yet. The fact that the wave (b)of [y] is a triangle suggests that the subsequent wave of decline will be the last.
My short-term forecast is a decline to $0.00000584, but the long-term forecast is a rise above $0.00003500.
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