TBH, charting is also used by pro traders, of which most people are not, so using charts, in this manner, is really what I believe the whales want you, us, to believe. You can see it in the manipulated markets.
I am not saying this couldn't happen, but I would be very careful with these kinds of charts, as people w/ much less experience as you will interpret that very negatively. Remember that SHIB is being used more and more across the globe, as an actual form of payment.
First... look to the BTC now w/ an overlay of the same timeline in 2017. Notice how most assets that are actually being used/spent, will tend to follow the movement of BTC or even ETH, like w/ ERC-20s.
Do you truly believe BTC or ETH are destined for more red around the 28th of November? That doesn't mean SHIB won't see isolated sell-offs to much lower price levels, but beware the potentially FUD-emboldening charts.
Akamer-the-Werewolf
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@noahfexpayton, I call it how I see it. Everyone is on their own journey and everyone is responsible for themselves, even if they don't want to be. Also, I'm just a werewolf, so I wouldn't take anything I say as gospel. I mostly run around in the woods and scratch myself. But if you think this is FUD then you don't do TA bruh.
I'm a trader. I would never invest in SHIB. But I will trade it when I see good setups.
noahfexpayton
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@Akamer-the-Werewolf, I never said it was FUD. Don't get your wolf panties in a bunch.
Akamer-the-Werewolf
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@noahfexpayton, Owhooooo! Wait a minute, how did you know I wear...nvm.
I am not saying this couldn't happen, but I would be very careful with these kinds of charts, as people w/ much less experience as you will interpret that very negatively. Remember that SHIB is being used more and more across the globe, as an actual form of payment.
First... look to the BTC now w/ an overlay of the same timeline in 2017. Notice how most assets that are actually being used/spent, will tend to follow the movement of BTC or even ETH, like w/ ERC-20s.
Do you truly believe BTC or ETH are destined for more red around the 28th of November? That doesn't mean SHIB won't see isolated sell-offs to much lower price levels, but beware the potentially FUD-emboldening charts.