SHIB is going down hard!
SHIB have stopped twice to the golden fib level (between 0.5 & 0.618) and I don't see any other resolution this time either.
Market is on uptrend but shib stopped to follow it. All we need to little push from the market and SHIB pulls back.
Only question is how hard it will go down. I would not be surprised to see it to hit fib -0.618 before recover but I'm not going to put my money on that.
Nothing is certain with cryptos but I'm pretty sure this SHORT position gives profit with 60-70% success rate, so expected value is pretty big. All we need is that little downtrend push from the market.
As fundamental level Shib is justan old joke, it is just shitcoin after all. There is new jokes and new real projects came so much that nobody cares about this coin anymore. If it goes down to zero, nobody cares.
Market is on uptrend but shib stopped to follow it. All we need to little push from the market and SHIB pulls back.
Only question is how hard it will go down. I would not be surprised to see it to hit fib -0.618 before recover but I'm not going to put my money on that.
Nothing is certain with cryptos but I'm pretty sure this SHORT position gives profit with 60-70% success rate, so expected value is pretty big. All we need is that little downtrend push from the market.
As fundamental level Shib is justan old joke, it is just shitcoin after all. There is new jokes and new real projects came so much that nobody cares about this coin anymore. If it goes down to zero, nobody cares.
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