hello guys, I'm bringing you another shiba-type analysis today, I tried to soften it as much as possible to be readable and not give you a headache while you're reading, putting some colors to see better.. if you have color suggestions to leave the analysis more beautiful and simpler to understand please comment there!
come on eant, I did this analysis using the elliot waves, the pivots it generated and the volume tools traced in the accumulations which hnt invaded a little lately on the weekly chart but it hasn't arrived in her poc yet, I traced the beginning of the plot of the bottom of the fixed range and I used the rectangle to show both, the top bottom (the one mentioned earlier has already invaded) and the central poc which is where I put that small lateralization in the yellow possibility, I believe that at that point we have some pattern of reversal in the smaller charts but as there are many of them I didn't trace, I left only a few tops and bottoms but I believe there may be a wyckoff or wedge at that point, but this is the first possibility that is the most possible because btc is wanting to go down, the second possibility, the cyan one is that there may be a pullback from there and be able to stay above the previous accumulation (wave 4) by doing this I believe that the We may have a slightly higher target when we get up there but this to analyze now is VERY uncertain, maybe when wave 1 is confirmed we can have a much better projection and I'll keep an eye on it! oh including, this elliot that I drew there, if it really happens, it can give 200% profit ;)
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