Thought this wave was an interesting idea. If it follows we would see above $0.25 in May of 2023. I feel like that would be a good selling point for a possible reversal.
We might be touching some resistance lines for the month of November but there are some possible breakout points into the .20s. This would be great going into 2022
Same chart, just updated. It looks like it followed my idea fairly close. We did drop briefly to .00041 but I was able to pick up about 12m at .000043 and now we are back to .000051
Don't be surprised if it hits .000058 and bounces back to around .000048 but we could break resistance and plow through to a solid track of All Time Highs and possibly drop a 0.
My...
From my amateur view, we are way above support so expecting a drop to .000044 - .000049 but then we have strong support unless it crashes below this line. if we can break out above the line closer to the end of the triangle we could see another run up
Just my thoughts, not finacial advice. Looks to me like SHIB will drop accros this trendline to find support down to .000033 but then it could do a nice bounce to .00006
I think we could see .20 soon or a rejection at .13 and back down to .08-.09. If it drops I will reinvest at .10
If .20 I do think we will have a drop back to .16 but then we could see a re-trace back to the .28 / .30 mark
New at all this, but my personal thoughts
