bitcoin follows DECENDING WEDGE when it break the wedge it follows the arrow which i drawn.
BNB BROKE DAY TREND LINE TOWARDS DOWN AND got a target of 210usdt
here bnb can have a bearish or bullish move according to the 4 hr timeframe as i see blue line is daily DAY and green line is HOUR trendline bnb broke day trend line as i have posted already i have a short trade on bnb and i also look for short time trade so i took this trade if bnb has a bearish candle in hr tend line it has a bear move and break the trend line...
here market seems to be bearish as it breakdown support trend line in weekly time frame and also economy seems to worst as increase in circulation of dollar at the time of corona virus in 2020 but now to bring up economy dollar circulation need to be decreased so expecting a increase in intrest rate by fed
SHIB has given a daily trend breakout and has a high chance to touch tp 1
every time it declines it get a retracement of 61% and it follows wave theory it has a major target of fib exc of 100% and if it breaks it achive a target of 161.80% of FIB EXTENCION
here previous bull run is based on wave theory and at present also there is a impulse wave based on correction of fib retracement of 61.80% and also there is target of 100% based on fib exe of 100% with respests in previous bull run if it breaks down it has a major support at $ 0.00002951 and it can achive the target
some instution is accumualating or distributing agresively it may be for a new ATH or a correction phase but any how in my point of view the institution may be robinhood or any other instution accumulating before the month end because the instution may think shib is in a low value
trend line has been got broke and there are two major targets which are previous swing highs taking trend line as STOPLOSS the targets can be achived and it is only for eductional purpose