Gandalf123

7 potentially Bullish targets to hit before June 2022

Long
Gandalf123 Updated   
BINANCE:SHIBUSDT   SHIB / TetherUS
Looking forward to when the world overcomes the conflict, just as it seems to have overcome covid. Align with joy, align with love, align with appreciation and you will be more powerful than millions who do not have such leverage. Markets, Wars have no comparison against such power which creates entire worlds.

Meanwhile, SHIB looks to have a high probability of hitting at least one of these 7 bullish targets in the near term. I have redrawn different fib circles. Watch how perfectly they have encapsulated the touchpoints (0.618 circle) of this current cycle. It was a real challenge to draw but I'm glad I succeeded in making it fit perfectly. Watch for reference how it panned out in the prior cycle, with a peak landing on the 2.618 intersecting with the pitchfork line that was just-above median.

Expecting the targets to be on the 1.0 and 1.618 line, intersecting no higher than the pitchfork median line, makes these targets CONSERVATIVE. This also accounts for the fact that future fib-targets sometimes go down a level. ie; first cycle, 2.618, 2nd cycle 1.68. Nonetheless, any of these targets still reflect solid gains compared to the current SHIB price.

Comment:
so far so good, price is staying above the 0.618 circle. No need to have this be invalidated yet / redrawn. I'm leaning more towards $0.0007 hitting first.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.