Shib sitting up or rolling over?
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From an Elliott wave stand point, there is a potential that this move up is just a larger move with in a correction. A blast off or a nice corrective pattern internally retracing this move could be a nice entry for a long. Only thing else I could see is it may be being in the midst of some kind of Diagonal. Also drop some Median Line Trading principle in there as well.
As long as the last pivot holds "price should return to the median line approximately 80% of the time."
Theses levels on watch in case of a pull back.
Cheers!
From an Elliott wave stand point, there is a potential that this move up is just a larger move with in a correction. A blast off or a nice corrective pattern internally retracing this move could be a nice entry for a long. Only thing else I could see is it may be being in the midst of some kind of Diagonal. Also drop some Median Line Trading principle in there as well.
As long as the last pivot holds "price should return to the median line approximately 80% of the time."
Theses levels on watch in case of a pull back.
Cheers!
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Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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