Shiba Inu saw a massive pump in the month of May but also retraced in the weeks after. losing around 90% of its value. Apparently our whale friend, I mean that smart guy who is behind this scam pumped it for second time in OCT. Ever since then, the price is at a free fall. it seems we are going to be trapped inside the range of 0.000020 for some time until after that smart guy pump it for the third time.
Please note that the consensus estimates and recommendations are provided by me who dont have the time to track the evolution of this scam over time. They should not be taken as investment advice. These estimates are a reflection of my conclusions and views. They could be wrong. Traders should do their own research before taking long or shorts in SHIB token or any other crypto.
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Lower time frame analysis
We have two options they are equally possible
First:
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Second option which i personally like
Trade active
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ATM this is a buy
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its not a good idea to take trends against main trend. knowing how will patterns develop in a B wave is difficult. im still inclined to the downside
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Update on price projection
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The broader view for this is to net Zero. anyone who is agree with me comment below and get my book for free
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No supprise we called this moving up this much up from the lows. now whats next ?
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