Big picture
SHIB - for
SHIB to go higher, it will need to test and clear these 2 resistance lines above it. If it clears them, it has a good chance of testing the very top line, I believe.
SHIB is an early crypto and all the big ones have done 5 waves in the beginning. I don't think
SHIB is any different. It doesn't appear to me that
SHIB has had 5 waves, although you could make the arguement that the small blip in the beginning was a wave but it doesn't appear to be one to me.
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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.