SHIB/USDT 6 Hour Chart

Updated
In this Idea I am illustrating how as we form the rounded bottom of the ascending scallop the support and resistance converge. We all know that previous support becomes resistance, but it has not been illustrated in such a manner. There is a chance that it may consolidate through the bottom support and delay its rise, but it will still rise. The biggest factor at this point is Bitcoin consolidating for its third and final leg down. With a coin like SHIB its nothing to throw a couple hundred in and just forget it which is precisely what i am doing.
If you agree throw me a like and follow and join for more unique ideas and concepts that keep you in the gains.
Much love to my supporters
ND
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altcoinseason2021ascendingscallopBullish PatternsChart PatternsmoonshotshibshibausdshibusdSHIBUSDTTrend AnalysisWave Analysis

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