zgeleynse

zgeleynse

Even though the current positive sentiment is growing, price action has been seemingly unchanged and remains in lateral movement within a few points. News coming out about the metaverse has changed Motley Fool's stance on SHIB. Yahoo news feed has been changed lately as well. I follow the news closely on SHIB. SHIB was under fire by main stream media at first...

zgeleynse Updated 

If the price falls to the bottom of the circle then I predict the price to settle around the 0.000051-52 mark. With more news out tomorrow about the Indian exchange then we could see high price targets perhaps in the low 0.000060s range. Beyond that, it's anybody's guess. As always, I'm long on SHIB so take that for what it's worth.

zgeleynse

Based on past price action and current sentiment, I think SHIB might be getting ready to make an attempt at a new stable high in the low 0.00060s.

zgeleynse Updated 

Based on current movement and sentiment I predict the price will continue a slow sideways and slightly lower pattern. This sudden dip is unexpected for me and a new pattern so this is just a guess based on past price action support and resistance.

zgeleynse Updated 

Wow, look at that playing out beautifully! Following the proposed line fairly well. Look for Sunday price action changes. It's anybodies guess as this day is anybody's guess. Based off recent public sentiments I feel that the price will see a spike by Monday morning just not sure how high....0.000063-65 ish?? I'd like to say higher if something real positive...

zgeleynse Updated 

Based on no change in sentiment, resistance will be close to 0.000058 and support will be 0.000052

zgeleynse

Without positive buying pressure SHIB could trade sideways slightly and dip to the 0.000056 mark until Sunday-day. If SHIB begins new rally into Sunday then a new high will be assessed. Look for bullish indicators.

zgeleynse

The proposed price action was exactly correct with two possible buying opportunities just above the 0.000056 mark. Correction: it actually jumped over my price mark almost to say "haha wrong!"

zgeleynse

Without more news and momentum the price will likely not fluctuate by much. As I posted earlier, the price will likely not break the 0.000060 mark today until later on this evening or tomorrow. Therefore it is likely to drop to the 0.000056 mark creating a buy op. Stay tuned. These notes are for me and not to be taken as trading advice. I'm not responsible...

zgeleynse

The trend is likely to trade sideways today until early afternoon at the 0.000060 level with a possible dip to 0.000056 level. If this drop happens it will present another buy opportunity.

zgeleynse

last price action ran right through the proposed zone.

zgeleynse

By tomorrow mid morning if the the price doesn't move out of the 0.000061-3 range then expect a price movement likely to fall, creating a buy opportunity between 0.000056 low end and 0.000059 high end.

zgeleynse

The next support of SHIB is 0.000060 If it drops below this point then a new possible buy op is at 0.000051. If it bounces off of .000060 like I predict then a new high will be attempted and further assessment will be done.

zgeleynse

A danger zone was placed based on past high and lows. If the current trend continues inside the small inner pennant then I would place a personal buying opportunity around the .000041 mark. It has now exited the danger one and a new pennant will be assessed for future buying opportunity.