SHIB is Not Losing Momentum… It’s Gaining – Look at The Daily Candles

bungalogic
2 min readOct 26, 2021

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Everyday. Everyday when I wake up and look at the charts I breath and zoom out. I look at the 1 minute, the 15 minute, 1 hour and 4 hour and lastly I zoom out. I zoom out to look at the bigger picture to see where we were and where we are going. And what I see on the one day chart it tells me we moving on up. Check it out.

In the past four days the candles keep going up and up. And that last candle I have circled. It’s a hammer head bullish candle. The purple line above it is our current all time high at .000044. We are moving in an upwards trajectory.

The week prior it was simply staging. We saw that sideways movement. But this weekend has brought in some serious growth. The proof is on CoinMarketCap at number 12 with a 16b market cap or CoinGecko at. number 11 with 21b market cap whichever one you prescribe to.

I feel we going to smash through that next resistance at .000044 and from their take the rocket to .00005 by the end of the weekend. It’s going to be beautiful.

I’m still expecting a correction and a dip after the ride up. This is what I’m not sure about. How high beyond the .00005 and how low we correct. As long as we stay above .00003 for now we are good as gold. Who knows we may eat that zero before November. Knock on wood.

Today’s point is this. Regardless of what your reading on the news or the click bait titles you may see on YouTube. We are not dropping. Oh no no no, we gaining momentum.

💎🙌🏼

Note: I’m sharing my daily chart analysis to educate and bring awareness to the world of crypto for all. This is not financial advice and everyone’s results will vary. Take ownership of your choices.

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bungalogic
bungalogic

Written by bungalogic

Artist | UI Designer | Crypto enthusiast | Developer | bungalogic.com | Youtube.com/bungalogic

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