SHIB/USD - Can SHIBA drop to $0.000030? Daily says YES! ⛔
What goes up must come down. SHIB is no different...
Shiba has broken below the descending triangle and made it resistance. That settled it and price pushed much lower today dropping 20%...
Auch.
Where can this drop stop... well... on the daily timeframe, SHIBA did a MASSIVE bearish cross on MACD...
When this happens... it is not pretty and price can fall much more before a reversal can be expected. At best SHIB will bounce then drop some more.
The current support levels are all weak... the only true support with a good chance to stop the drop is at ... $0.000030. So SHIB has another 35% drop left to do in the pessimistic scenario...
On the optimistic side, maybe we find support before that... time will tel. This chart looks bad.
Like and follow if you like my idea!
Shiba has broken below the descending triangle and made it resistance. That settled it and price pushed much lower today dropping 20%...
Auch.
Where can this drop stop... well... on the daily timeframe, SHIBA did a MASSIVE bearish cross on MACD...
When this happens... it is not pretty and price can fall much more before a reversal can be expected. At best SHIB will bounce then drop some more.
The current support levels are all weak... the only true support with a good chance to stop the drop is at ... $0.000030. So SHIB has another 35% drop left to do in the pessimistic scenario...
On the optimistic side, maybe we find support before that... time will tel. This chart looks bad.
Like and follow if you like my idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.