SHIFT TO 30-50$Sooner or later, but objectives based on Fibonacci projections are crystal clear, it may take half, one or 3 years, but the projections of the entire Price structure are those shown in the chart, and where the Price Will go once the bull market starts. (It could go even lower breaking the current lows at 0.22$ and objectives would be the same).
Just want to share it here for the future.
Good luck.
SHIFTUSD
ALT Market ready to ripDowntrend is being defeated as we speak. Clear accumulations across almost all alt coins. Squeeze Momentum has been heavily diverging for months on every downward drive, supply as been absorbed and markup is imminent. Should breakdown occur, expect an extended crypto recession.
CoinLoop AI Signal: Shift (SHIFT) - BUYShift ( SHIFT ) · Loop A.I.
Indicator: Positive market sentiment rapidly increasing. Buy volume slowly increasing.
Signal: Likelihood of price increase: 69%
SHIFT LONG OpportunityAdam & Eve bottom formation, broken resistance line and retested it (marked it with arrow) and these three events happening in between the two major support levels. On weekly, RSI is bottomed and MACD losing bearish momentum. I see a big long opportunity looking solely to TA.
Fundamentally, great coin but I have to admit that I have some doubts. I am planning to hold this coin for long but gonna watch it closely. They have an active community at Ryver.
First TP should be around ATH. Have fun.
(That triangle is there to just have fun, doesn't mean anything)
Shift Bottomed Out?Following the strong rally, from $0.5 up to $13, Shift corrected down very sharply and lost 87% to USD in a matter of 5 weeks. Currently, the correctional move down was stopped by the 88.6% Fibonacci retracement level, while price failed to close below it. Additionally, SHIFT/USD testes the major support at $1.6, which has been previously acting as a resistance and support, back in the beginning of December 2017.
The support area between $1.6 and $2.0 looks solid and could result either in strong retracement upwards or a trend reversal. There are 3 resistance levels to watch:
61.8% Fibs ($5.3)
50.0% Fibs ($6.8)
38.2% Fibs ($8.3)
Break and close above the final resistance should confirm the long-term uptrend, although it if any of them will be rejected, consolidation period could take place. On a downside, only break and close below the $1 psychological support could invalidate bullish outlook.
Shift Rally Hasn't StoppedFollowing the previous idea on Shift , it has reached the upside target at $9.34, that is 327.2% Fibonacci retracement applied to the previous all-time high. The $9.34 level was not only reached but clearly penetrated and price continued to rise, reaching $13.
Corrective wave down followed and was stopped right at the 261.8% Fibonacci support level that is $7.57. As the 427.2% resistance is broken and 261.8% support is rejected it is very likely that the rally will continue where price could reach $20. Although prior to that $14.78 and $17.45 resistance levels must be broken and should be watched closely. Only a break and close below the 200 Moving Average could invalidate bullish outlook.
Shift Coin Potential Rally After CorrectionShift coin has been showing some good performance recently. After breaking above the triangle pattern and finding the support and the downtrend trendline it has jumped up from $1.6 up to $6.4, gaining 280% over the USD.
Today a strong correction took place, bring SHIFT/USD down to the previous all-time high at $3.2 support. Seems that support is being rejected which could result in a continuation of the uptrend, since higher highs and higher lows pattern hasn't been invalidated.
Currently, Shift is trading at the $3.2 support which could attract more investors as the price is relatively cheap. The first upside target is seen at $9.3, which does correspond to two Fibonacci retracement levels, 327.2%, and 661.8%. This price is also very close to the $10 psychological level and could be a strong resistance as well as a good take profit target. Only a break and close below the 200 Moving Average could invalidate bullish outlook.
