rigorocks

SHIB USDT Poloniex Quick Update

Long
POLONIEX:SHIBUSDT   Shiba Inu / Tether USD
We see shib on its way to target. i used the poloniex chart because it gives us more chart history. binance has liquidity but doesnt give us the whole picture. i see a lot of "experienced" traders make this mistake when analyzing cryptocurrency charts

.00002100 is the buy zone at the 78% fibonacci level. we may find temporary support at the golden zone but history shows us that this level typically fails when we are creating a wave 2 from a bigger perspective.

the impulsive structure in we saw that took us to an all time high suggest we are going to break to a new all time high but it may take a bigger sell off and a consolidation period.

this is a potential 1500% trade setup with some patience

please watch my video analysis below for more information

thanks for your valuable time

Rigo


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