It is about reading the price pattern and the result of the indicators + other crypto analysis. I will only share with you what the result of the analysis shows.
This could be wrong. MD
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chart 1d
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Surprisingly bullish, but point c remains valid
At the moment the shib is showing 23% per day, hmm pretty good👍
the analysis remains valid for the next quarter
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most of point c is done and feels various resistances
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Next strong resistance is 2400, can it go there? let's see what happens
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hard res?🤷♂️
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RTI probability that the situation will be red in the next quarter
The assumption that the next quarter is red became only probable with the shib pump. This pump was really extreme. 40% in two days, wow.
It is usual that the final pump is mostly with a strong volume, but Shib surprised me a little.
when trading down, SS is recommended, because it is difficult at what level it will really start soon. a very strong resistance is 2400, but I don't know if this will be there soon or not. let's see what happens.
opening the analysis was not the best, but the analysis is valid
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If the shib starts to fall, as most coins will, I won't regret my various bearish analyzes today for next quarter.
Thanks shib
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Nota
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I see that this analysis will gain a lot of popularity compared to some of my other analyses.
In addition to the fact that the real-time analysis favors the decline, there are two positions on the rsi indicator in history that are very similar to today's.
I have no reason to expect anything else to come here, given the many other crypto analyses.
The result will be achieved after a couple of months.
realtime analysis tells below the pink line using ew 2.0 and self-invented bow volume. If the pump is done after the bow low volume, it is possible that it is point B and this is today's situation.
I could be wrong, but it is likely
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BTC or TOTAL is #1 to understand if you are interested in altcoins.
By clicking on the picture, you go to the analysis.
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Two options:
the price will now immediately start to fall from 1800 or the next one will be 2300-2400 and this will be a very strong resistance. some coins show that they can still rise, maybe shib too.
it would be based on shib pump 1-5, not abc, but of course everything is possible.
Don't forget the rsi and rti indicators which are already showing overbought
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Holds its area well but doesn't quarantine more pump
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Some coins don't have 1-5 and have the potential to do so. point *5* is missing, the shib can feel it.
holds the current area or rises a little more before the bear
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btc can still rise in ew theory, obviously it affects shib
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shib hit red rsi today. I marked the previous shib areas in light blue. it can help to give an illusion of what may come.
And what is important is that several other coin analyzes favor the same result, also btc
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above the pink line (+10%), can change the situation. however, as long as it is below the pink 1950 price level, the decline is valid.
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