Hey everyone jerome powell, here sometimes known by my stage name, meet kevin or stock doc. Today we have some shiba inu news. There are a few rumors circulating that could be very good and we're going to talk about these two rumors and then we'll talk about some trend. Analysis on the chart.

First, there's somebody particularly convinced that robin hood is going to today announce that she being you will be listed on robin hood. This particular individual, dr joe reed, is convinced that he has an insider who works at robin hood, who mentioned that on november 1st? That would be today at 8 00 a.m. East coast, we're going to announce an hour before launch to build hype uh. Well, however, that time has passed about 36 minutes ago, and we do not yet have news from robin hood.

However, there has been a follow-up news, and now apparently it's nine am - i said this well. That would be probably about 15 minutes after this video posts and he's flouting his background here as a certified public accountant. So anyway, we'll we'll see what happens here with robin hood, obviously we'll be paying attention to robin hood, and not only the app but their twitter for news on the potential that shiba inu ends up getting added here, no particular indications yet from robin hood. However, if we go to met kevin.com change, we'll end up finding that this petition has now reached 453 000 signatures.

If you have not yet signed to join the sheba army, five hundred thousand individuals demanding well kindly requesting that robin hood add shiba inu to uh robin hood, then uh, please go to metkevin.com change and participate. Okay, uh next piece of news. Take a look at this. The watcher guru, along with multiple other folks uh there are plenty i mean this has been circulating for uh the last couple hours here uh.

They have now found that in the either inspect element code on the tesla website, uh or in other places, they have found that shiba inu is listed as a potential form of payment in the code for checking out uh on a tesla on the tesla website. Tesla.Com. So uh this is either expected to be a potential shiba inu troll by elon musk. We know he's good at that, or it is the potential that, when he decides to reactivate bitcoin as a method of payment for accepting teslas that he will also accept shiben you as an uh as an option for checkout now remember: elon musk has long been rumored To potentially use dogecoin as another uh form of payment uh, however, he has lamented on twitter actively that the fees are too high.

Shiba inyo does or well is built on the ethereum platform and uh. Even the fees can be relatively high on the ethereum platform as well: uh shiba and you boast of substantially faster transactions and a lower fees. So we'll see, if that's enough for elon musk to be convinced to accept sheep as a method of payment. So these are two very large rumors that we have now.

It is worth doing a little bit of trend. Analysis as well. Remember that when you are investing in cryptocurrencies the trend, is your friend take a look first at the consolidating pattern that we have here in the charts for sheep? Take a look at this uh looking at the uh chart here. This is on the five minute chart.

We see a pretty strong consolidation wedge in the last about uh 18 hours here now this uh this can end up being pretty important because anytime, we consolidate, we can frequently end up checking well, i should say breaking out to the either the upside or the downside. Now this is a symmetrical uh triangle here, symmetrical wedge with a little bit more bias to the upside on the wedge, which could sometimes be an indicator of breakout to the downside. But it's relatively symmetrical. So we might end up with a breakout to either side, and this is especially true since we're dancing right between our support level, uh and our resistance level up here.

Our resistance level at uh, 75 78. We've got another resistance at about 80 and then, of course, we've got the support down here at about 65 on the fibonacci, these two being the fibonaccis, and we've been trading relatively close to these two. If we go off of the fibonaccis well, then we'll see somewhere around a potential new high that we could hit of around 888 or revisit that old high of 8888. This is again the fibonacci that was traced directly to this high here previously, and we've been dancing pretty well within the channels here, so fibonacci's been treating us very well.

So when you zoom out, you can really see us here in the five minute. If we go out to the one hour chart again, you could see us playing within that fibonacci that we previously drew between that consolidation. We had around 27 and again that high of about 88.85, so we'll see if we end up breaking out, we are consolidating between again right now that level of about 76 and 65 we'll see if we end up vacillating between the two uh or as we wait For news here and if we end up getting a complete breakout to one side or the other uh when and if some of this news actually and potentially breaks now, one more thing that's always worth doing is checking the google search trends globally and in the united States for sheba - and you take a look at this if you are on the 12-month chart - you'll just be absolutely blown away. We have clearly clearly or expected to blow out of the water the search trends that we had at the beginning of october.

Compared to now, just almost a triple here on the relative strength, if we go back to the last 90 days here, we do, however, though, see a little bit of a reduction here in trends over the weekend, so the 28th to the 29th, not so great, and I suppose that would be thursday and friday. Actually, let's go ahead and get into the seven day here, just to get a little bit more of an understanding what's happening here. Yeah there we go so a little bit more of a peak around the 27th. We get halloween over here sunday, saturday pretty low activity weekend here, and so, if we end up getting a robin hood listing or some tesla news on uh sheep, that would be very, very good for sheep.

Let's go ahead and go worldwide on that search trend and looks like we've got a relatively similar pattern here. So the fact that search trends have relatively declined and that we're consolidating is a good sign that we're poised for breakout either substantially the upside on news actually coming uh or or a breakout to the downside. So we'll see what happens uh, but we are we're ready. Shebarmi's ready, thank you so much for watching this update from papa j powell.

The stock doc, also sometimes known by the stage name, meet gavin. Thank you so much for being here. Folks, if you found this helpful, consider, subscribing and sharing and now i'm all blurry, but that's okay. I appreciate you all and we'll see in the next one goodbye you.