‘Much ow’ ahead? Dogecoin chart fractal puts Shiba Inu’s 390% QTD

(SHIB) has emerged as one of the best investments heading into the fourth and final quarter of 2021, with its price rising by over 390% in the first week of October. Nonetheless, the spin-off meme cryptocurrency now risks wiping most of those gains in the coming sessions.

Yuriy Bishko, a Ukraine-based market analyst, discussed the potential bearish scenario based on Shiba Inu’s recent price trends, which appear eerily similar to those recorded in the (DOGE) market earlier this year.