We see shib on its way to target. i used the poloniex chart because it gives us more chart history. binance has liquidity but doesnt give us the whole picture. i see a lot of "experienced" traders make this mistake when analyzing cryptocurrency charts
.00002100 is the buy zone at the 78% fibonacci level. we may find temporary support at the golden zone but history shows us that this level typically fails when we are creating a wave 2 from a bigger perspective.
the impulsive structure in we saw that took us to an all time high suggest we are going to break to a new all time high but it may take a bigger sell off and a consolidation period.
this is a potential 1500% trade setup with some patience
please watch my video analysis below for more information
thanks for your valuable time
Rigo
.00002100 is the buy zone at the 78% fibonacci level. we may find temporary support at the golden zone but history shows us that this level typically fails when we are creating a wave 2 from a bigger perspective.
the impulsive structure in we saw that took us to an all time high suggest we are going to break to a new all time high but it may take a bigger sell off and a consolidation period.
this is a potential 1500% trade setup with some patience
please watch my video analysis below for more information
thanks for your valuable time
Rigo