Technical analysis by Gandalf123 about Symbol SHIB: Buy recommendation (8/17/2023)

If price doesn't go up 50% this week, this could be the alternate pathway. Yellow smiley is approx at the 1.618 fib extension from the bottom of the John Wick, going up to the first high. Next would be a retrace down to the trendline where it coincides with the 0.5 fib extension. Interestingly, this is exactly what happened before.