SHIB Shorts FolksBearish Reversal Hammer
MACD flattening
Previous candle close @ Fib target
Goodnight,
Stefan
Shibshort
Shiba trend reversal day, target is 0.000026Shiba has reached the level of 0.000044774 today. After an hour of corrective movement, when the coin went down to the level of 0.0000400, Elon Musk’s response tweet was published where he replied that he had no Shiba coins. After that, the price dropped to the level of 0.000033. This was followed by a rise to the level of 0.000040, after which many concluded that the coin was growing because whales were buying it in dips …
I want to explain a few simple things:
This coin rose on news like this one. Accordingly, it can fall due to such events. You need to understand the buyer’s behavioral factor.
The coin is now at a fairly high level, after such news, buyers will be very careful, no one will run to carry their money there, this is not a trigger
I am predicting a decline in the price to the level of 0.000026, nothing can induce buyers to return to the level of 0.000044 now. Even without this Musk’s tweet, shiba was waiting for a correction, but after this tweet, a correction awaits her all the more. I don’t understand the aggressive behavior of the community when I write about basic things. You are in the market, your faith in the coin has nothing with market realities and pricing. Just try to understand simple things. Thank you for the attention.
One could say I know my SHIB :) Drop went as predicted!Am I the best? No. Did I predict the almost 13% SHIB dump 2 minutes before it happened? Yes
SHIBUSDT PRICE CHART BY SATVEER DULARSHIBUSDT PRICE CHART
SHORT/SELL ==> Red zone
Buy/Long ==> Green Zone
$SHIB / $BTCUSD big fractal startwe can see the same pattern size in both charts, $SHIB is kinda more trendy and speculative so the moves started in fractal can go beyond and distort the pattern
SHIBUSDT FLAG & FALLING WEDGE PATTERNHello
Welcome to this analysis about SHIBUSDT, we are looking at daily timeframe perspectives. SHIBUSDT in recent times decreased with bearishness however it now moved into an oversold condition. SHIBUSDT is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SHIBUSDT is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SHIBUSDT has emerged with this key FLAG & FALLING WEDGE PATTERN marked in my chart with the black boundaries. SHIBUSDT is near support region which is an important support and also psychological support-mark together with the lower-boundary of the FLAG & FALLING WEDGE PATTERN a pullback
In this manner, thank you for watching my update-analysis about SHIBUSDT and its major FLAG & FALLING WEDGE PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
