Cryptoknowmics
2022-05-27 13:10:47

SHIB Technical Analysis: We Will Have To Forget About The Trend Change

An important human skill is to complete a process that you like in time. This is clearly shown by the weekly timeframe of the SHIB cryptocurrency. Only 5 trading weeks are needed for complete happiness and prosperity. Or a bunch of months of regret for over-investment in SHIB. Having grown by 700% in 5 weeks, the SHIB price has again reached the range from which it began its majestic growth trend. https://www.tradingview.com/x/sRiZN3x5/ If you plan to buy SHIB then not earlier than in the range of 0.00000075. It is at this point that there is a high probability that the SHIB market is trading and buyers will finally be able to slow down the strong and protracted downward trend. The first target, in this case, is relatively close – 0.00000098. However, it is worth forgetting for a while about the possibility of SHIB still firing with the same force. At least buyers should form a consolidation on a weekly timeframe, within which you can successfully trade 40-50% of the SHIB price movement. SHIB Technical Analysis On The Daily Timeframe https://www.tradingview.com/x/7Z16v12y/ Analyzing the movement of SHIB price on the daily timeframe, we can say that buyers could not keep the local initiative, which they had before 25 May. The fact is that the local mark 0.000001 was lost by buyers. And lost without much struggle – in fact loyal. The mark 0.000001 was important during 11-12 May. It is in this range that buyers have kept and sign...

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