We can expect an inverse head and shoulders to form over the next few weeks. If you were stopped out, wait to re-enter on a solid close above this neckline. This is the short-term play, but ultimately this could complete a larger cup and handle bullish pattern to ATHs. There is no where to hedge or hide, just sit on your hands! (+30% potential in here soon). By...
Probably you heard everyone talk about the Shiba Inu coin and how profits it makes in less than 1 month, 1100 % return seems cool but where the coin will go for the next period,
the propaganda behind Shiba is what makes it attract liquidity technically there is no project or a company behind this coin. the market cap has changed from 41.19 B on 30 October to 20.7...
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Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto...
The positive of SHIB
- Team is working on developing new innovation for the Coin
- It has more than a Billion Marketcap
- it is in most Crypto Exchanges
The negative of SHIB
- Mostly Base on Hype (Similar to DOGE)
- It has Trillion Supply with No Max supply
- The inflation of Shib is about 6.8% per year which is worse than the US dollar
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SHIB is changing this trend slowly like a big ship in the ocean. Do you really have diamond hands? If the 50 and 100 day moving averages fail here, we can easily test the 200 day below at 0.000022 area! If this does happen, it should snap back very fast so do not panic. Maybe we'll see a cup and handle continuation pattern form over the next two months. I will be...
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...
If they don't scare you out they will wear you out. This is a perfect example of the quote.
Bear markets are ruthless because they give bulls false hope. Only to repeatedly fail.
Dollar-cost averaging with high leverage blows out account after account when this
When the breakout does come believe me it will be very clear on the...