I have used time cycle and wave theory analysis to this chart.
As per wave theory, we can clearly see 4th wave is completing. 5th wave will take it to new all time high.
As per time cycle, I see on every 18 day period, Shib starts its upward journey.
Time period is indicated by light blue vertical lines.
Currently it is consolidating and getting ready.
As per the cycle, I see 9th Nov could be an important day for it.
We can also strengthen our idea once we start seeing volume increasing.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
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