SHIB Dips Testing Support – Still Bullish
SHIB took a dip down to support at the .000046 level today. But bounced right back up. I still feel we are bullish and this is only the beginning of the week. But eyes should also be on Bitcoin because this guy leads the pack. So if Bitcoin is having a red day, expect ship to follow a bit.
SHIB has bounced off of the .0000046 support level several times. I have that circled in blue. This is actually a good entry point to accumulate more SHIB.
I’m expecting it to be back up to that .000052 level by the 17th and from there work it’s way up. That’s what I’m Hoping to see. Part of this depends on Bitcoin and any catalysts that could help push SHIB. Like a Robinhood listing but we can do without it for now.
Today’s dip feels minor, bulls came in quick today to take back that dip. We can still follow that trend line up. Anytime after the 17th that’s what I’m thinking.
Still feeling bullish on this. But let’s watch Bitcoin close. As long as we hold above .000046 we are very bullish.
Let’s go. 💎🙌🏼🚀
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Note: do your due diligence. Don’t make financial decisions based on my charts. I’m not a financial adviser. Just a guy with an ukulele who loves crypto. With that own your decisions. I’m not responsible if you get rekt. Crypto is high risk and high rewards. Play at your own risk.