Watch how the fib circles perfectly envelope and act as support and resistance. I would not sell early unless I had no other choice.
If price doesn't go up 50% this week, this could be the alternate pathway. Yellow smiley is approx at the 1.618 fib extension from the bottom of the John Wick, going up to the first high. Next would be a retrace down to the trendline where it coincides with the 0.5 fib extension. Interestingly, this is exactly what happened before.
Previous idea still on track. Added in new smiley faces to mirror: 1) Retest of the .146 2) Retest of the broken bearish trendline
Looking at the patterns, there seems to be a clear repeat of formations and now it seem's we've even had our John Wick.
Looking at prior patterns, the set up is the same. Looking at $40k+ in May 2023.
20x gains for SHIB coming in 2023, blowing past previous ATHs, following the structure that led to the last one.
Now that Bull market has been confirmed, we can start to punch through the fib levels
Looking at some confluence lines between Fibs, Circles and Pitchforks, it seems to match up with the Xmas timeframe for a good run up, giving a potential 85x. Of course this runs in tandem with ZIL, but from a fundamentals perspective, the real driver would be upcoming utility being announced for gzil that will make it a leveraged play on top of ZIL.
Made using a combination of Fib related tools. A christmas target is in line with a high expected for BTC.
Good confluence at $0.00014. Should hit fairly soon.
It's got to hit the median line at some point. Perhaps at the 2.618, which could be early June 2022
The 4 reasons are listed on the chart, erring on the side of conservatism.
Looking forward to when the world overcomes the conflict, just as it seems to have overcome covid. Align with joy, align with love, align with appreciation and you will be more powerful than millions who do not have such leverage. Markets, Wars have no comparison against such power which creates entire worlds. Meanwhile, SHIB looks to have a high probability of...
Even the volume profile matches. Something good could be coming up really soon!
There appears to be quite a bit of confluence for the price to hit this level and possibly even form a temporary peak. Confluence formed using fit-to-chart fib circles, trend based fib extensions and pitchforks.
This should be the longest time it will take for GZIL to hit the 1.618
The median line of the pitchfork is going to hit, it's just a question of when. Prior fib channels, and prior fib retracements suggest that this can get a boost upwards early March, peaking later on in the month. Shibarium is on its way, Robinhood and apparently something that has the potential to "break the internet". This all lays a solid bullish foundation.
Just using some fib lines, pitchforks and previous patterns, atop very bullish FA.