A crypto analyst who predicted the recent Bitcoin drop believes Shiba Inu (SHIB) is repeating a pattern from the 2021 bull market.
SHIB Retesting Support
SHIB is currently retesting a support level of $0.0000279, similar to what it did before its 2021 rally. The analyst suggests that history could repeat itself, with SHIB potentially breaking out to new highs.
Solana’s Strength
The analyst also notes that Solana (SOL) has flipped resistance at $175 into support. This indicates that SOL is in a strong position and could continue to rise.
Dogecoin’s Bullish Pattern
Dogecoin (DOGE) is showing signs of a bullish continuation pattern. It has broken through a diagonal resistance and could potentially form a “bull flag” pattern, which often leads to further gains.
