SHIBUSD Next leg up long term.
There's enough liquidity in SHIB to determine that elliott wave analysis does hold strongly. I've marked out the high quality order blocks on the 1hr that follow 3 strict rules. 1) Must form market inefficiency. 2) Must break structure/form Change of character 3) Order blocks must be un-mitigated.
Using Elliott wave theory we can see a familiar Double ZigZag formation is coming together with half of wave B completed. I suspect the lowest unmitigated orderblock to be the permanent bottom of SHIB until liquidity dries up.
Using Elliott wave theory we can see a familiar Double ZigZag formation is coming together with half of wave B completed. I suspect the lowest unmitigated orderblock to be the permanent bottom of SHIB until liquidity dries up.
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