Don't lose money on shitcoin shills!
Updated
Never put anything in SHIB but been watching the pumps on the sidelines with TA.
Shills tried hard to keep fomos in, restraining the inevitable Wave B of EW.
Here is an almost symmetrical triangle with strength from the bears at the tops, which are supply zones to challenge
after wave C completes in a few days minimum before re-accumulation can commence.
Those still holding on after seeing the loss in momentum on the 4-hr Bollinger Bands as mean reversion takes place to
the 20MA (4hr) are in for a drop to 0.00003200 or more, before slowing down at 0.00003000.
Shills tried hard to keep fomos in, restraining the inevitable Wave B of EW.
Here is an almost symmetrical triangle with strength from the bears at the tops, which are supply zones to challenge
after wave C completes in a few days minimum before re-accumulation can commence.
Those still holding on after seeing the loss in momentum on the 4-hr Bollinger Bands as mean reversion takes place to
the 20MA (4hr) are in for a drop to 0.00003200 or more, before slowing down at 0.00003000.
Note
Meh. Apes be strong but are they strong enough to overturn 4250sats?Note
15-minute bearish doji engulfed. Might just be noise but one rule of thumb after a high:1. A supply range is established by the topping candles.
2. Supply range gets tested at least once.
3. Usually breakout happens after a 2nd retest of supply.
Note
Momentum died after poking at the supply Fib top.Sell signal at bearish engulfing doji candle, later forming a head and shoulders on 15minute chart.
Entered short on 0.00004269.
Trade closed manually
Accumulation pattern confirmed 7am GMT.Final supply test 8:30am and subsequent breakout impulse.
Good luck bulls @0.00004700
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