Hi,
This is iJustCoin, the one lucky trader who puts money where his mouth is!
I plotted Pitchfork and Fib Retracement tools to measure a potential high for SHIBUSD during next bull cycle.
It looks like we will have $0.00031659 as our top. This price level alligns with the Pitchfork channel and it this is a 2.618 Retracement price level as well.
No doubts SHIB can go much higher, but we just don't have enough data to make any other predicitons.
If you didn't click Like - you should do that right now.
Feel free to ask me any question related to the idea in the comment section - i'll be glad to reply.
And make sure you smashed that SUBSCRIBE button!
Bye-bye!
Good Luck!
***
Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Purple Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
This is iJustCoin, the one lucky trader who puts money where his mouth is!
I plotted Pitchfork and Fib Retracement tools to measure a potential high for SHIBUSD during next bull cycle.
It looks like we will have $0.00031659 as our top. This price level alligns with the Pitchfork channel and it this is a 2.618 Retracement price level as well.
No doubts SHIB can go much higher, but we just don't have enough data to make any other predicitons.
If you didn't click Like - you should do that right now.
Feel free to ask me any question related to the idea in the comment section - i'll be glad to reply.
And make sure you smashed that SUBSCRIBE button!
Bye-bye!
Good Luck!
***
Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Purple Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***