as we predict according economic data analysis shib will hit a massive pump today because of the last pump, and from this level according to technical analysis it will happen for sure. BTC will run back over 70K and will try to hit all time high 80K very soon. lets move on shib army :)
🔍 Technical analysis: Bullish flag in corrective zigzag wave 4
According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed.
💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag.
After exiting the congestion and descending channel in the supply range, it has faced selling pressure.
💎 Therefore, it can be offered after the pullback to the broken structure in the liquidity range by successfully collecting liquidity to break the zone.
💎 In addition, if the candle closes to the sub-zone in the daily time, the bullish scenario will be invalid and should be re-examined and updated.
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The price moves in a triangle pattern, the break on each side indicates the entries, we have to wait for a while
SUPPORT: 2360-2420
RESISTANCE:2810-2880
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