my first hypothesis is adausdt forms an irregular flat which means the next cycle will be super bullish.
My second hypothesis is the fifth wave is the peak of the chart and now it's A wave. the support zone is about 0.55-0.7 from Fibonacci of wave C compare to wave A. Have good luck trading!
by the elliott wave this is probably the one of most beautiful ever by forming 1 2 3 4 5 in impulse wave but wave 3 is pretty short nevermind, then correction wave is so beautiful that make big wave 2 at the target 78.6%, sorry if my English is bad.
I think if this is wave 4 we'll hit the target of about 34,000 - 38,000 then we'll go for wave 5 but if this is wave 2 price will fall deeper. But now we are in the channel.
Shiba is bouncing on the 580-915 range for 4 months let's see what will happen when it's break 915. It looks like dogebtc that bouncing in range and breaks resistance.
in a Fibonacci retracement, we see the target at 2692, 4035, and 6207 sat we have significant resistance at 2000 - 2400 sat and significant support at 1200
I think we should watch daily close if it is above dma200 probably in the uptrends. If it is below dma200 still watching at 42600 support line of its break see you again at 3x,xxx.
if it doesn't make all time low probably happen.🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😉😉😉😉😉😉😉😉😎😎😎😎😎😎😎😎😎😎😎😎😎🎈🎈🎈🎈🎈🎆🎆🎆🎆🎇🎇🎇🎇🎇🎇😶😶😑😑😑😑😑😑😑
