SHIB has had two nice rallies since it bottom back on September 7th, the one that peaked the next day on the 8th at around .00000818 and the following one that ran from September 13th to the 17th and peaked around .00000929. From the looks of it we should have another rally up to .00001105 and completing what is called an Elliot Triple Wave (WXYXZ) to the upside. This will only be accurate as long as SHIB does not drop bellow .00000660
Comment
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As I mentioned before, if SHIB drops below .00000660, the WXYXZ formation will be invalid and instead we could see SHIB testing the .00000595.
Trade closed: target reached
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So our SHIBA INU trade has hit the target on the money. I am looking for a very nice pull back coming here on SHIB.