I still prefer dogecoin HOWEVER, I think there is a chance to make money on a lot of things SHIB is one of those for a lot of reason. Technicals is the focus here so I'm not getting into fundamentals Here is the chart All rejection trends, no support trends, however they are all trading in the bullish direction
This chart has some sell targets (light red) Buy targets (light green) Rejection trends (red)
Remember, a breakout can go pretty high and overextend this chart. If I don't have a new one by that point covering the movement, please comment because I currently have a lot of open charts and keeping all of them updated is.. not the easiest thing in the world, so I definitely miss old charts at times. I have literally zero issue with anyone ever commenting asking for an update because I'm slacking, wrong or really anything.
I'm still bullish This price is going up because something weird is happening behind the scenes. IDK what, but I have guesses. BUT. Even at a bullish look, there is still a lot of chances to lose a lot of money so don't jump into a dumb trade just because. There is always time to be patient and time your buy even if you miss out of some potential profits. Crypto moves fast and sometimes can really burn you on a high side buy. GOOD LUCK!!
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approaching buy target
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this a buy target. I'd patiently be looking for entries depending on strategy. Remember, price can go lower. It doesn't have to hold.
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The bounce off .00002033 (.2031 was the actual bottom on that tick up, and the exact retracement to that level looks great, imo for a move to the upside, which go figure, has SHIB seeing 100+% Something big is about to happen, like black swan big and the market is going to crash and rocket similar to the covid v shape recovery to all time highs, with a slight correction over almost a year into an all time high again.