Stronger Drop Incoming for Shiba Inu Short

Shiba Inu / Tether USDPoloniex

Description

⋅ Dec 2, 2021 4:36 PM

The 30-Nov. candle can be considered a failed breakout attempt.

When prices fail to move up, a retrace is necessary for the bulls to rebuy and reload.

After support is tested again, another challenge of resistance can happen.

Prices are now moving below EMA10/21/50.

Shiba Inu (SHIBUSDT) is now aiming lower.

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Conditions for change
If prices move and close above EMA21 (0.00004501), the bearish bias is invalidated.

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Comments

frxin

⋅ Dec 2, 2021 5:18 PM

Shib is not so much about the charts, It's more about the news.

And I see more upside on Shib for now.

I'm not a holder, I'm just saying.

jesos

⋅ Dec 2, 2021 5:21 PM

@frxin you're writing *

Vibranium_Capital

⋅ Dec 3, 2021 1:00 PM

@frxin, disagree

AlanSantana

⋅ Dec 4, 2021 11:27 AM

@frxin, The charts have the news in it. See the results.

taninpersian

⋅ Dec 2, 2021 4:56 PM

Are you ok ? 😂

AlanSantana

⋅ Dec 2, 2021 4:56 PM

@taninpersian, Doing better than ever. Thank you for asking.

jonathana206

⋅ Dec 2, 2021 4:47 PM

i do believe this, the run is over for now, lets go with long acumulation next year

AlanSantana

⋅ Dec 4, 2021 11:28 AM

@jonathana206, Good call.

SabahEquityResearch

⋅ Dec 2, 2021 5:11 PM

Yup this is total downfall

s_hers

⋅ Dec 3, 2021 12:18 PM

Guys! Cool down! I understand that a few here are Shiba fans, but like every coin, Shiba dumps also. I sold my Shibas for a good profit and I want to re-buy in this dump. Alan, in which range do you think that I can buy? (dip) Cheers