Ever since Shiba Inu's historic pump we've had a nice cool off period. We're still in a steady downtrend for Shiba Inu and haven't broken out of our sloping resistance. On all of the oscillators we're pretty oversold on daily and have formed nice troughs on our Stochastic RSI and MACD. So a new wave may be in the making. A continuation this downtrend may lead us to a huge area of support at around 0.00002700 - 0.00003000. Which is also we're our point of control is at (POC). Most of the price action for Shiba Inu has occurred at 0.00002848 since September 13.
I believe Shiba Inu's growth is far from over. Keep an eye on Shiba Inu, we will eventually have a change of trend through out this cycle. But as of now we're continuing to bleed out. Much peace, love, health, and wealth.
I believe Shiba Inu's growth is far from over. Keep an eye on Shiba Inu, we will eventually have a change of trend through out this cycle. But as of now we're continuing to bleed out. Much peace, love, health, and wealth.
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.
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.