TradingView
norok
Nov 30, 2021 4:32 PM

They took it to the vet Short

Shiba Inu / USDFTX

Description

Instead of putting the dog down the caring owners seem to have taken it to the vet for some expensive fur baby treatment instead. This last gasp keeping Dogcoin millionaire dreams alive is based on rumors of listing at a new exchange (Kraken). Remember, just because it is listed doesn't mean people will buy it there...

This sets up a good short opportunity for a mean reversion trade. Targeting the region of the last pump.
Comments
DeRozVanSchuts
with respect, i disagree with you. just check out Google Trends for "buy shib" or "buy Shiba". people actually buy it. much more than other valuable coins
SHOOZCOIN
@DeRozVanSchuts, what trends are correlating to purchase history?
carriosol92
The shiba wave gonna pump so hard , that the coinbase server will crash. Like in October, but twice so hard. We gonna reach 0,00012 or 0,00015
SHOOZCOIN
@carriosol92, or more than likely 0.0000004?
carriosol92
thats true de roz , I checked myself, now they gonna enter the metaverse, you will see the pump soon. Forza shibians.
Vespal
Apart from the textbook Wyckoff accumulation (check the 1H), the massive 4 week bull flag that has just broken topside and the scary similarity to the October breakout. Kraken was the catalyst for the start of the 5th impulse wave IMO. I'm long from 0.000037 but GL. I hope you're wrong haha.
orwellian
This aged well @norok :) newbie trader
norok
@orwellian, 42% of the time I'm always right! :D
Mihai_Iacob
great analysis
visioncrypto
Haha funny analogy! I think it will go up somewhat... nothing wrong to buy a small amount :)
More