Long

Beautifil!! LETS GOOOO

Updated

Shib Looks great. Steady healthy growth. Climbing then basing. I look for 00000900 range then back to 00000850 area. I do believe we will have major rejection off the 200MA (yellow line) as we have not been above it since april and in january. I think there will be a lot of profit taking at that level. We shall see. But the short term growth is a good start.

As we get closer to the launch of Shibarium I do think we will get a large price spike and then a big sell off so be careful. Buy the rumor sell the news.

This is not financial advice, For entertainment purposes only.

Note

Shib looks great on the weekly. lots of room to grow . macd not even in the bullish control zone. plenty of room on the RSI. Expecting some consolidation and sideways for the lower time frames. I am adding to my bag on the dips. Thinking bigger correction at the launch of shibarium. Buy rumor sell news.

Not financial advice

Trade active

Trade active

This is expected.
4HR
timeframe. When an asset goes parabolic you can expect it to retrace to the 61.8 and 78.6 level. I can imagine there being a lot of buy orders at these levels since I do not see a lot of wicks at the .5 fib.
Notice at the lower levels is where we broke out. I believe shib is going to put in a higher low. I do believe we will not see candles close at those levels because I think it will get bought up.

I love using fibs for my buying and selling. I do see shib continuing on its run after this short term correction. I will do updates on higher time frames if anyone cares but this is just my opinion not financial advice.

Trade active

6hr time frame. The 21ma did not hold on the 4hr. likely to see it test the 50 ma
Am looking for the bounce at the 78.6 fib level on the 6hr.
It will still be a Higher low, I then expect sideways and up as price consolidates.

We will see. Just my opinion not financial advice.

biggmitch

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