shahabs2004

BTCUSDT Weekly Chart Price Prediction

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi everyone,

If you've followed my ideas, you're probably familiar with the SHIBO indicator that predicts price after an impulse. In this weekly chart, I used two SHIBO indicators on two impulses and found some interesting results.

The leftmost indicator, prefixed with 'A', represents a 4-week uptrend. The SHIBO predicted that the price would reach the AR1 green line, and as you can see, the price reacted to that line.

I drew another SHIBO indicator on a powerful impulse, prefixed with 'B'. Please note the blue arrows.

I hope this helps clarify the use of the SHIBO indicator in predicting price movements. If you have any questions, feel free to ask!
Komen:
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