Short #SHITPERP for $5000

Updated
I am bearish on #SHITPERP for the following reasons

  • I see more red volume above average. This tells me distribution. snapshot
  • Super Algorithm Indicator has called bearish today. snapshot
  • It has excellent success rate calling bearish on SHITPERP. Below are the past times it did so

    snapshotsnapshotsnapshot
  • There is a valid TD sequential sell with targets shown from the TD
    snapshot
  • Ichimoku is strongly bearish.
    snapshot

    Price is below the tenkan and kijun. Bearish cross is likely. Chiku has very tall candles in front showing that it will be extra difficult to go up. The cloud is very near indicating a very possible case of e2e where price goes to the other end of the cloud.
Note
It is also below EMA 50
Note
The laws of attraction by the zones say that a broken zone need to be retrace back down to the below zone and test out. Gravity is real. snapshot
Trade closed: target reached
Today the current price of shitperp is $5009

The price did reach 5k
Chart PatternsichimmokuTechnical IndicatorsSHITPERPsuperalgorithmindicatortdsequentialTrend Analysis

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