Small Weekend Rally? SHIB Tests Resistance

The last week has been quite sideways for the crypto market. It’s my hope that you all took advantage of the big dip. This weekend is a welcome surprise. BTC cracks 40k and is up 9% and SHIB tests resistance at .00002350. This is a great beginning for February.

Last week for SHIB I was hoping it would break through but it has been sideways ever since. However, it has corrected and stayed above .00002. The SHIB is very strong and has solid support at this level.

SHIB needs to breakthrough the resistance at .0000235. If it can breakthrough and crack .000024 we can expect it to work it’s way up to .000027. This is an ideal scenario.

If this is only a short weekend pump then I’d expect SHIB to return back around .0000201. If we want to see SHIB and other alts pump BTC needs to stay above 40k.

At this time I’m simply holding my breath and stacking and waiting. This is the best thing to do. I’m hoping we can see some nice big dips and solid rallies to the upside.

At the moment I am not stacking I’m waiting for the next dip. This rally could simply be a foreshadow of the bigger rally that is to come later.

Ride the small rally. Buy the next dip. Now is a good time to get funds ready. Let’s go!!!!

🙌🏼💎🚀 keep it lit.

Join the conversation at ShytoshiWorld Reddit or crypto with bungalogic on telegram.

Note: don’t buy things because I say to. Please do your own due diligence. Crypto is very volatile and what can moon today can crash tomorrow. Take ownership of your choices. Use disposable income. Never sell at a loss. Just a guy who loves crypto who is sharing the journey.