โ PREVIOUSLY ON SHIBA The 5 waves after 0.00000510 could've been over.
๐ก0...0.00000510(BUY) โ๏ธ5waves(impulse)
๐ก1...0.0000095 โ๏ธ3wave(correction)
๐ก2...0.0000066(BUY) โ๏ธ5waves(impulse)
๐ก3...0.0003528 โ๏ธ1wave(correction)*Rule of alternation
๐ก4...0.0002058(BUY) โ๏ธ5or9waves(impulse)
๐ก5=3(lime)...0.00008854?
๐กA?...0.000057
๐กB...
๐กC(=lime4)...<-BUY
โ WHERE WE ARE If 012345 waves after 0.00000510 is over at 0.00008854, because 12 correction(lime) was zigzag long correction, we'd have straight short correction.(rule of alternation).
If the crash happens, that's when we should recognize the beginning of the next bullish impulse. As of now, Fib(61.8) 0.00003697 looks like the good level to be bullish.
One of tips, how to confirm the end of a bullish wave. ๐ As long as weekly candles are bullish, the bullish trend lasts on daily candles.
Conversely, when a weekly candle closes bearish, it means that the bullish trend already is over on daily candles. This knowledge could help us when to be bullish again. We should keep patient to be bullish again.
*As long as 0.00008854 remains unbroken, this idea is valid.