Yes I’m new at charting so please go easy on me here, but it does look to me like, after a period of wild volatility much earlier, SHIB is jumping between Fibonacci ratios. You’ve got this stabilizing triangle and then once it comes to a point, the price jumps an increment. That ABCD is a very short term triangle of only a few hours but seems to line up at a Fibonacci level pretty well so even though it’s a daily thing I left it in anyway.
I get the feeling that the new doggie might be jumping up and down the Fibonacci ratios having fun but who can say what the timeframe is?
I get the feeling that the new doggie might be jumping up and down the Fibonacci ratios having fun but who can say what the timeframe is?
