Now that's a comeback! Crypto in general managed to revert end of June's losses with another "Sell the News, Buy the Facts" event. German government sell off between other factors have faded out on bulls fears and hopes around Trumps changes in US Elections after last weekend's tragical event start the week with a very good push
Fibonacci targets on weekly chart are extremely strong and SP500 has hit a long term target this week, should we expect a wave 4 down from here?
Long term accumulation narrowing with whales changing massive volumes over the last 24hours could indicate SHIB could see an explosive move soon
As of my last post after reaching 0.00001500 range yesterday I expect the price to go back to the 0.00001250 range later today, with major exterior factors/news covered and Ethereum ETF approved but trading only starting mid June I can see a short term correction on the way. This is not financial advise just my own analysis
So my last long position was opened at 0.00001364, here is my analysis over what I expect to be the next move once it passes ATH again. This is short term and not financial advise.
EUR has been mirroring its movement post Pay Roll data last Friday, being now squeezed but a series of supports and resistances and very close to a downtrend line coming from July 18th I believe tomorrow with CPI it could get the impulse needed to complete the IHS. What do you think?