shiba chart analysis
This is what i see happening by what ive learned with cart analysis, i use the support and resistace i mark that on a daily chart. then i go down to the 4 hour or the 1 hour chart to mark my trend lines thats the red lines that u can clearly see fanning out, it just bounced off the bottom trendline around .00005143 showing a buy signal to me. as long as it does not break down past that bottom red line then it will boiuce back up to the previous high or beyond as shown in my first white arrow pointing upwards, then it will b sell time if it bounces off the bottom of the top line. back down to the top of the bottom red line then bounce off that and shoot back up, as long as it stays in between ur trendlines then the alalysis will play out. otherwise i wait for breakout in other dirrections then re-analyze.
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