After making some folks a lot of money and a lot of hype following, SHIB has cooled off.
Daily Chart Analysis
After breaking out of an ascending triangle, SHIB made a 180% move in 5 days topping out at 0.00008880.
From there we saw a series of lower highs into support level @ 4845.
In Nov ’21, it broke down from support, pulled back and turned support into resistance.
It has been in a downtrend since.
Downtrend looks to be strengthening and its looking to respect 20ema. Price has pulled back to 20ema. This is my que to enter.
Entry: 0.00003
Stop loss: 0.00003441
Target: Trail 10ema
Daily Chart Analysis
After breaking out of an ascending triangle, SHIB made a 180% move in 5 days topping out at 0.00008880.
From there we saw a series of lower highs into support level @ 4845.
In Nov ’21, it broke down from support, pulled back and turned support into resistance.
It has been in a downtrend since.
Downtrend looks to be strengthening and its looking to respect 20ema. Price has pulled back to 20ema. This is my que to enter.
Entry: 0.00003
Stop loss: 0.00003441
Target: Trail 10ema
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.