Short

SHIB -40%

Updated

I don't think this meme coin does anything special anymore. All meme coins are showing decline. +All other coins too.
It's very easy with meme coins, they go where they came from.
Maybe 15% will increase, but this is also doubtful

This could be wrong

Note

a resistance of 0.00002 minimum would be nice to see

Note

I believe there are some meme coin traders (most are HODL) who don't understand that a coin that drops 90% can drop another 90%. shib has fallen a lot, may fall a lot more.
bitcoin, bnb, etc. high coins have not exited the risk zone, which means they have not yet started a major decline. This major affects the entire market and brings down all the meme pyramids..

Note

0.00002 is the real thing, looking forward to it

Note

In fact, I expect this with indicators, and if the price feels a slide, the indicator is ready, but the shib price is not 0.00002. A complicated thing that doesn't need an explanation and it's enough for me to understand it. I look forward to it.
Indicators reveal the hidden truth

Note

this can also be seen in other coins, such as bitcoin---rsi will rise to yellow, but what will the price do at the same time. will the price slide continue? it can already be seen today

Note

A rise in rsi can be a push or support point for bigger declines.

Note

In the history of shib, there are two situations, what could be shib this month and next month.
this month the support point down and in August the shib is lower.
Such situations as I have marked with a white circle also exist elsewhere and the result is almost always the same.
+shib is in a price slide and this makes it more likely that this analysis is more true than false

Note

if shib falls, there must be support in the overall market, which means that everything will fall more

Note

further decline in shib history was -40%(both times), from the support point.
I just looked at this today and it is a logical drop with the expected area.

Note

if shib is in the support area(RSI1D) AND SHIB IS WEAK IN PRICE then I will open sell trade and hopefully with low risk. + buy trade in August
today I'm just speculating on a possible deal, it may never come if something seems odd.

Note

today I still favor rsi support to create more decline. shib also feels resistance today, which usually makes an x% increase, but let's see what really happens

Note

damn, shib is more terrible than i assume here😀
today btc is 57k+ but it can easily be 56k+ soon

Note

or btc even lower haha

Note

rsi support point this month remains valid, only the price level can be any. this month rsi support x time and next month even bloodier.
July 8-29 I am waiting for potential support (3w chart) (this is information taken from bitcoin)

Note

Extreme😆

Note

every beautiful green is designed to fall back, don't be naive. if you bought in red, without a hint of green, good luck, you succeeded

Note

if you entered yesterday, today is too late

Note

I have never bought a coin after the price has gone up more than 10% in a day, that's idiocy. just my thinking.
everyone who looks at other people's analysis, I do not recommend anyone to buy crypto. but at the same time we need you.
8-29 I want to see a noticeable increase, but what it looks like is a mystery
yes, I set this month as green, but not all days in that month.
a volatile b point this month and more declines in August

Note

all this SHIT applies to all coins. there are exceptions, but I'm not interested in them. the more logical with bitcoin the better. i mean waves not volume. everyone's volume is different.
I recommend doing comparison analyzes and your mind will explode hahah

Note

early August we will see a decline? -30% or more? hmm

Note

surprise drops everywhere on coins?
I don't see a problem to wait about 2 weeks, and see if it can be one of the truth or not

Note

the needles are so weird that I don't really know what to think hah

Note

I will wait at least 5 days
previous times -30% was made in 5 days, extreme...

Note

when this happens the shib is 0.000010 and there is also a resistance in this area which creates a rise.

Note

this analysis is the truth and it's nice that I have it. the story repeats itself

Note

I don't think this horror is over. one more surprise may come

Note

if it goes into the 70 area(10d), I'm thinking about buying. if it goes up from here I don't care about that coin.
simple, no fomo

Note

shit 30 area*** lol

Note

18-28(or 28-07, it depends) I want to see the candle in red, 10d

Note

potential pump start 28 Aug or 07 Sep if there is a drop before that

Note

shib is a popular coin, its death is not likely. if it is extremely low, it is most likely pumping. just my stupid opinion.
guys potential 100% if it happens in this sea of shit, about +100% sounds really good.

Note

100% get 50% would be strawberry. use leverage 2x and see no problem getting the maximum, or even 5x? haha. illusions today, let's see what happens

Note

please god lower this pyramid more so that i have a chance, amen. maybe he heard me? hah

Note

NO BS

Note

When the shib falls, support has to come and that is the general market. everything falls. maybe hah

Trade closed: target reached

looks very ugly on the 1w chart to pump. more decline likely, about -30%

Trade closed: target reached

If history repeats itself + other coins must also be favorable for a pump, after a drop, this is a must.

MoralDisciple

Also on:

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.