📈 Analysis and Prediction (ETH and SHIB):

💪 ETH/USDT - The culmination of the upward movement was reaching a peak of $2136 on November 10, marking a 30% increase from October lows. Subsequently, the #eth price experienced a decline but found support on November 17. Many crypto traders and analysts on platform X are optimistic about Ethereum's growth. Forecast: The short-term daily chart is signaling bullish signals. Firstly, wave analysis suggests that #ethereum has completed a five-wave bullish structure and a subsequent correction A-B-C. If this calculation is correct, the price could rise by another 20% to the next resistance at $2530 (Fibonacci level of 1.61 external correction of the last drop). Additionally, the RSI indicator has formed a hidden bullish divergence (green color), indicating a continuation of the trend and aligning with the bullish wave analysis.

🐶 SHIB/USDT - Since June, the #shib price has been moving along an ascending support line, which may form a symmetrical triangle in conjunction with resistance. However, the support line has not been tested enough times yet. Forecast: On one hand, on November 11, SHIB bounced off the Fibonacci 0.618 correction level, formed a long upper wick, and fell. As a result, the price dropped below the $0.00000840 level, which now is likely to act as resistance. However, wave analysis shows that the price has completed a corrective A-B-C structure. Since the correction is downward, this suggests that the more global trend for Shiba Inu is bullish. Meanwhile, the RSI momentum indicator is around the neutral 50 mark, indicating an uncertain direction. In the conditions of such ambiguous indicators, the further scenario will depend on whether SHIB rises above the $0.00000840 area or gets rejected from it. Breaking $0.00000840 will lead to a 30% rise to the next resistance at $0.0000105. On the other hand, a pullback from this area could result in a 13% price drop and a retest of the $0.0000070 region.

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