Can bulls carry this price right through that resistance? The .5 Fib is in the mid .1300's, if we fall below that again it could get ugly...fingers crossed.
We can expect an inverse head and shoulders to form over the next few weeks. If you were stopped out, wait to re-enter on a solid close above this neckline. This is the short-term play, but ultimately this could complete a larger cup and handle bullish pattern to ATHs. There is no where to hedge or hide, just sit on your hands! (+30% potential in here soon). By...
My guess is a bull flag should form until April... But as in the past, this pattern may fail and develop into a larger pennant through September. If it does break upward, there will be heavy resistance in the 77-95 area. I'm not gonna be greedy here lol... LMK your comments thanks.
I think SHIB is too much fun haha... I've sold some today to buy ELON and DOGE again (same shitcoin category?). This SHIB dip seemed too calm, I guess the old heads were waiting to see a flush down. I'm not convinced that we are out of the woods yet, but if it's going up, I won't fight it. Kraken kids seem to have a lot of money lol.
