continuation of the last idea:
Shiba has now broken both the descending wedges + the RSI trend line on the 4h and the 12h + shows confirmation of Bullish Divergence on the 4h, which has developed into the pump of ~40% we've seen today.
RSI has cooled down in all timeframes and we are breaking out from the main RSI downtrend on the Daily as well while volume is increasing with closing green candles.
Currently retracing and holding shorter EMAs in most timeframes.
Expecting the next pump to retest the area of .00006500 where a 0.5 fibb might show strong support for further upside towards ATH.
Shiba has now broken both the descending wedges + the RSI trend line on the 4h and the 12h + shows confirmation of Bullish Divergence on the 4h, which has developed into the pump of ~40% we've seen today.
RSI has cooled down in all timeframes and we are breaking out from the main RSI downtrend on the Daily as well while volume is increasing with closing green candles.
Currently retracing and holding shorter EMAs in most timeframes.
Expecting the next pump to retest the area of .00006500 where a 0.5 fibb might show strong support for further upside towards ATH.
