My plan for Shib trade. The bars may not be accurate but trending resistance line will be my sell point. Whatever price it ends up reaching it at, depending on the length of time.
BINANCE:NULSUSD Potential 5th wave - target 2.00 300%+ return. BINANCE:NULSUSD
In the shorter term, this appears to be a rising wedge continuation of the downward movement. In the longer term, it seems to be riding a rising line of support. The downward pressure will meet the support line and there will be movement one way or the other.
The daily chart RSI is too high. RSI needs to come down before price can go higher. There may be a bull run starting soon but dont fomo. Trade smart and dont get burned. If you already have entries at lower prices then great. If you are looking to buy in now then be mindful of overbought conditions.
RSI is low and coming up. Bollinger bands are very tight - signalling a strong movement soon. Decending Triangle pattern nearly completed. with a low and rising RSI, I expect a spike or new pattern to the upside. MacD is slow and stable coming up I expect a spike to be very quick and most people will not be prepared for it. Target $5.00 (Note it is possible...
Good time to buy. Let me get some likes. I need rep points. Thank You.