Another discount before we explode?
Shiba moving along nicely, up 10% since our nice little green hammer formed. On our Phoenix Ascending indicator I am seeing potential for a little more downward movement before we pump. The green is crossing the red rsi moving downward and we can see the white energy is up over the green. RSI took a little dip, but again this can make way for higher gains, if the asset is overvalued before it climbs there is less stability in its rise. MACD starting to climb out from underneath the zero line but not above yet. Takeaway for me is, still lookin for a pretty massive rally to the upside coming up, but maybe we get another Shiba Fire Sale before it kicks off. DYOR and don't be scared or overconfident in 10%-20% or even 30% moves in either direction. This is crypto, right now its still a game the super rich who have a firm grip on price action and they want to take your tokens. Don't let them!! Be smart, be patient, and know what you are invested in.
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