Gonna pop folks.
Oversold as hell. Check it out. Please like. Also want to participate in chat.
Edit - I don't know where that extra trndline came from. Did I mention I stink at using these tools? (I'll learn)
These usually pop.
Trying to learn the charting tools. Any likes appreciated. Wanna participate in chat.
I actually think this has a good chance of retracing to $.10, but not because it's a worthy coin. :)
I zoomed in on this 15 min chart as price has moved into a zone that once it moves out of, will help clarify which Wave Count is correct.
It can move either way at this point, although the bias is down in the short term...maybe to stay within the triangle that is closing in fast.
There is significant BEARISH BIAS in RSI, coupled with running against multiple...
Price fell out of the channel, which gives a new channel with sub channels in the middle.
It is possible that a new low is in and a trend change has occurred.
Check back often and click the right arrow to see the progress from this point.
If price falls down or to the right of the bottom channel line, something else is going on.
I've been watching this one for a possible bottoming pattern.
One that I just identified is a new possible up channel in aqua.
These channels have been working well off these lows...maybe it will work here too.
Check back and click on the right arrow on the chart to check on progress.
#SHPING crypto bullish breakout.
falling wedge, and diamond pattern, including strong macd on 2 hour for short term reversal to .5 fib area around .07cents.
Easy idea about this coin, popping up in the last couple of days due to the 120% pump. Long at the end of triangle? 0.04 is holding for now after the 50% drop since 0.06
SHPING looks like it could go 10% or more here at .0381.
Cipher printed a Buy Signal on the 1Hour and the Demark Sequence Printed a 9.
SHPING is currently decoupled from BTC.
Not financial advice
I expect SHPING to test the .786 fib and then pull back to the .382 fib. The RSI is screaming and a retrace is sure to come. Your buy back would be in the area of .382 fib.
