 Shiba Inu continues to set all time high after all time high today it went up another 64 percent that's in one day guys 64 percent and the new candle just opened 25 minutes ago and it's already green so let's do a quick recap a few weeks ago we had this move here it was about a 392 percent move and we did a video on this we spoke about that it would retrace at that point and probably consolidate before continuing up higher and just like that it did exactly what we thought would happen which it consolidated here and once this happened then last week Wednesday exactly a week ago we pointed out this triangle and bull flag that was going on and we spoke about the possible breakout here now our breakout guess our prediction when we made the breakout you know we didn't think it was gonna go up that high our prediction was right here and that's exactly where it went for two days for three days actually it was stuck there for three days then finally yesterday it broke above that level and today it just took off I it's hard that these things are hard to predict which is why I don't like to put money in them because who would predict who would have predicted that this was gonna go 64 percent in a day on the week it's up 123 percent last week it was up 29 percent week before that up 6 percent week before that 205 percent so as you guys can see here if you pull up the rsi extremely overbought on the weekly extremely overbought on the daily you guys can see here what happened last time we were at that level which is when we were right here right that's when we consolidated I expect something similar to that here soon I do not expect this to just continue going up although this is community driven I'm expecting some sort of pullback here at some point soon right it can't just go up forever right or wrong so now that we are at these levels what type of pullback could we potentially see what type of consolidation so the first target here for retracement is right here this Fibonacci level right here that's right around that 7000 Satoshi level the next one is here this would be the second pullback target which is right around 5700 5800 then of course you have this one right here this is probably going to be the bigger one because that's where it was rejected and that's where it also took off from so a lot of these things like to retest sometimes where it took off from doesn't mean that it's going to go all the way back but it is potential you know potentially a scenario so if you're in Shiba I'd be looking to take profits right you want to be taking profits you can leave a runner to continue going up to see if it continues up but take some profits take some money out and if you know prices kind of go like this for the next few days or so then you can look you know once this goes back into the RSI drops back like it did here into the neutral zone then you could go back in and look to you know jump back on but I mean it's not gonna go up forever guys it's only a matter of time before we see a drop here from our breakout point that we spoke about till now it's up 218 percent guys that's insane it has to retrace it's part of the market structures right it has to be traced at some point so this is a good time definitely to take profits if you're just in it for a long term and you don't mind the volatility then then it's fine to leave the money in but currently the levels I'm looking at if I were to be putting any money into this is retracement back to one of these levels right here I'm sure it's going to retrace back to one of these levels don't know which one but it's going to pull back so just be ready for that if you guys enjoyed this quick take here make sure to smash the like button on the video make sure to subscribe to the channel if you're new here and turn on the notifications I'll see you guys on the next one as always peace and love