TheMoveGuy

Elliot Wave idea

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HTX:SHIBUSDT   SHIB / Tether USD
Short idea of using this Elliot Wave looking at a crypto currency "Shiba Inu". Using the bullish channel trend line, seeing the price go to the upside. Finally the price meets a Buy Liquidity zone and price is facing resistance pushing it down to a demand zone for buys.

I see this price falling back down to where resistance was once used inside the bullish channel and price rising looking like an "Elliot Wave ".
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