Long shadows in this meme coin are a sign of a decline or at best a correction, so it is a sell signal for buyers and a sell signal for futures traders.
About 10 very clear cases are shown with green arrows. Every time it pumps, it then turns into a long shadow and the trend changes, or it is a definite decline or correction.
About 10 very clear cases are shown with green arrows. Every time it pumps, it then turns into a long shadow and the trend changes, or it is a definite decline or correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.