today I want to show you my trading & investment plan on Shiba Inu. Shiba Inu is in everyones mouth right now. We all know that Shiba Inu is considered as a shitcoin. However Shiba Inu looks amazing from a technical view.
What I noticed is, that we have finished our first Elliot Wave Cycle. We saw 5 textbook impulsive waves which are lead by a corrective wave A, now. I'm expecting an impact of wave A on the 38%-50% Fib of the overall bullish impulse. To get an idea of where the journey might go, I have marked you possible buy & sell entries on the chart. What I want to see is a reaction on the Fibs I have been marking, just to be sure about the technical reactions of the Shiba Token.
My ultimate buy & hold point is on the bottom of wave C.
This is no trading and investment advice. Jus my personal and technical view. RT
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Shiba hit my target and its finally time to buy! I'm im.
@RT_Trading_, I'm holding 5 million. Waiting for the next spike then I might dump and never buy stocks and coins again. I really want to start my Forex journey. Imo doge and shib are still shitcoins
spc111111
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Well shib actually has a lot in the works unlike doge coin. Shib has put its foot in a strong position and will grow exponentially over the next 5 years. I would assume it's a shit coin to you beacuse you probably bought at the high and now your scared. Im holding strong and I have 1.6 billion of them and I'm not scared, I'm still in profit