sqr00t

Don't lose money on shitcoin shills!

sqr00t Uppdaterad   
BINANCE:SHIBUSDT   SHIB / TetherUS
Never put anything in SHIB but been watching the pumps on the sidelines with TA.

Shills tried hard to keep fomos in, restraining the inevitable Wave B of EW.

Here is an almost symmetrical triangle with strength from the bears at the tops, which are supply zones to challenge
after wave C completes in a few days minimum before re-accumulation can commence.

Those still holding on after seeing the loss in momentum on the 4-hr Bollinger Bands as mean reversion takes place to
the 20MA (4hr) are in for a drop to 0.00003200 or more, before slowing down at 0.00003000.
Kommentera:
Meh. Apes be strong but are they strong enough to overturn 4250sats?
Kommentera:
15-minute bearish doji engulfed. Might just be noise but one rule of thumb after a high:

1. A supply range is established by the topping candles.
2. Supply range gets tested at least once.
3. Usually breakout happens after a 2nd retest of supply.
Kommentera:
Momentum died after poking at the supply Fib top.

Sell signal at bearish engulfing doji candle, later forming a head and shoulders on 15minute chart.

Entered short on 0.00004269.
Trade stängt manuellt:
Accumulation pattern confirmed 7am GMT.

Final supply test 8:30am and subsequent breakout impulse.

Good luck bulls @0.00004700
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