Not a financial advisor.
My last update still 100% applies to whats going on for the run. I'm just pointing out the fact that it does this dip every time before we see a run.
We have been doing the same things over and over. Thats why I pointed out Elliot Wave. We will be breaking .000037 in the near future. We will be seeing .000047. We have waves playing out on higher time frames. Eventually we will see .00014 to break the .00009 high. Just need more time to let this all play out.
When we see these dips, its been to give the RSI a reset so we have more room for activities 😁 (holding support on the 50 MA on the hourly)
Also when we do that we are backtesting the bulls strength to push us forward. Don't let the dips cause you to panic, they are healthy.
This project is so new year & growing very fast. Crypto itself is less than 20 years old. Crypto will be here to stay. Look at generations that will be growing up with it, they already do most payments online or with credit cards. Why wouldn't crypto be easy to switch to?
I used to be a bar manager, most transactions were credit cards. The business would then have to pay so many fees for using credit cards each year. Cash was king, but it's rare to see people use cash. Kids venmo each other for expenses, It won't be long before they all start adjusting to crypto. The rewards for staking are far more appealing than using a bank.
everyone is also seeing more advertisements for crypto with celebrities and athletes, which will cause crypto to see faster growth.
SHIB uses token burn on NFTs and tokens get burned with their NOWPAYMENTS. They also have website in which holders can burn tokens "shibburn"
If you have any questions please comment, I have been updating a little more on Tradingview however my main place to update is in my community. (Free - not even a section for memberships)
SHIB is going to change a lot of lives, its important to know that things will continue to go up and down. Form new patterns, test support, have fake breakouts. But when you look at the overall project, its on a strong uptrend currently. There will be times when it has a strong downtrend, but things will reverse and start to grow again. The Project already hit over $10 Billion, as this keeps gaining interest & as the token burn keeps getting greater, we will see a rise in token price.
My last update still 100% applies to whats going on for the run. I'm just pointing out the fact that it does this dip every time before we see a run.
We have been doing the same things over and over. Thats why I pointed out Elliot Wave. We will be breaking .000037 in the near future. We will be seeing .000047. We have waves playing out on higher time frames. Eventually we will see .00014 to break the .00009 high. Just need more time to let this all play out.
When we see these dips, its been to give the RSI a reset so we have more room for activities 😁 (holding support on the 50 MA on the hourly)
Also when we do that we are backtesting the bulls strength to push us forward. Don't let the dips cause you to panic, they are healthy.
This project is so new year & growing very fast. Crypto itself is less than 20 years old. Crypto will be here to stay. Look at generations that will be growing up with it, they already do most payments online or with credit cards. Why wouldn't crypto be easy to switch to?
I used to be a bar manager, most transactions were credit cards. The business would then have to pay so many fees for using credit cards each year. Cash was king, but it's rare to see people use cash. Kids venmo each other for expenses, It won't be long before they all start adjusting to crypto. The rewards for staking are far more appealing than using a bank.
everyone is also seeing more advertisements for crypto with celebrities and athletes, which will cause crypto to see faster growth.
SHIB uses token burn on NFTs and tokens get burned with their NOWPAYMENTS. They also have website in which holders can burn tokens "shibburn"
If you have any questions please comment, I have been updating a little more on Tradingview however my main place to update is in my community. (Free - not even a section for memberships)
SHIB is going to change a lot of lives, its important to know that things will continue to go up and down. Form new patterns, test support, have fake breakouts. But when you look at the overall project, its on a strong uptrend currently. There will be times when it has a strong downtrend, but things will reverse and start to grow again. The Project already hit over $10 Billion, as this keeps gaining interest & as the token burn keeps getting greater, we will see a rise in token price.
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.
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.