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CryptoKnee
Oct 16, 2021 7:13 PM

SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 16OCT 

SHIB / TetherUSBinance

Description

Red Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green would be a nice path up and out of this range and fit a triangle correction pretty well. Current PA is grinding up the trendline, could see it grinding up to the resistance then, POP. Fall out of the grindage could mean a revisit to previous support, which will hopefully hold. BUT nothing is for certain and always good to have a back up plan ready.

Comment

2 time voted "grandma could do better" chart for the win!!!
Comments
hushedAuthor20192
Dude. my grandma makes better charts.
CryptoKnee
@hushedAuthor20192 Nice! Is she on fiverr!? Can she help me out with some pointers!? 🙏
Syre212
@CryptoKnee, He is right though lol
anabeel1990
@hushedAuthor20192 you yourself have 0 charts so keep yourself thoughts to yourself.
CryptoKnee
@anabeel1990, lololol thats what made it even more funny to me, love those comments though ngl. Its even funnier if chart turns out to be useful. ha! Cheers!
anabeel1990
@CryptoKnee, lol true. I guess hes hating
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