50-68% on the Fib retrace is NORMAL for a RUNNER like SHIB.
$.000044/45's are 1/2 of $.000088/89's
Last time the 44/45 range hit SHIB ran to $.00006 so a 33% GAIN off a fib-retrace! AFTER having run quite a bit from around $.000005 to that $.000088/89 ATH
No surprises here at all, just trading technically. Stocks, coins, tokens, they go UP & they retrace! People BUY it, it runs, they profit & take some off the table. Not always, but that's what leads to a re-trace.
Question is HOW MUCH HIGHER will SHIB go, ESPECIALLY when more NFT's, NFT-Gaming, ShibaSwap 2.0, NEW Ethereum Blockchain 2.0 is released & the SHIBARIUM (our OWN blockchain is completed early 2022) & more utility (like AMC, Amazon, PayPal, etc.) is added?
NO ONE can time the market. But these intelligent strike prices are for BUYING, not selling imv! 2022 should be a GREAT YEAR for SHIB with all the promising developments forthcoming! Get ready for THANKSGIVING! A very Crypto-Holiday is on the way & SHIB is poised for a GREAT 2022!