New Pattern on the 15 min TF for SHIB
SHIBA INU / Tether COINBASE:SHIBUSDT
Great job to SHIB Holders and the bulls.
Now keep an eye on the new consolidation pattern on the 15 min TF, watch out for break out and volume in either direction.
Sunday, November 10, 2024
November 10, 2024 at 07:25AM New Pattern on the 15 min TF for SHIB
November 10, 2024 at 05:30AM SHIB 15 min
SHIB 15 min
SHIBA INU / Tether COINBASE:SHIBUSDT
Here we have the puppy of the hour. Breaking through resistances and trying to reach old highs. Here we have SHIB on the 15 min chart on and upward parallel channel, will it see a pull back in few hours or will it break out the structure and make new highs?
Positives- Green candles over the 21 and 50 and 100 EMA in upward parallel channel on 15 min chart.
Weekly cup and handle forming.
Caution- RSI and SRSI flashing overbought, pullback could possibly come in a few hours?
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Saturday, November 9, 2024
November 09, 2024 at 05:57PM What's next
What's next
SHIBA INU / Tether COINBASE:SHIBUSDT
Is the double bottom formation complete even though the day chart candle did not print yet? there is a possibility of a slight pull back, a correction? hypothesizing because of the double bottom and the successful and blessed positive move after that.
Positives- weekly candle is above the 50 EMA
Day candle currently over 21 and 50 EMA
Weekly Chart has cup and handle forming
Negatives- SRSI and RSI and CCI on day chart both indicate asset is overbought. Very close to a key level possible resistance.
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