$SHIB Shiba Rallying and crossed 0.000032 USD - Is this good or a warning for new comers?
Shiba has crossed it's resistance of 0.000031 and is expected to cross 0.000034, All the technical analysis are showing positive signs for Shiba. 15 Days before Shiba's total market cap as 14 Billion USD and has now reached 17 Billion USD Which is a good sign but before it crosses a big value (like 0.000045), It will take about 15-20 days and in between 15-20 days many people will start selling and hence he prices for Shiba may even drop to 0.000023 and then it will take a rally and will reach to the current value!
people should not buy at current value as I think there will be a correction at current price point.
So even if you are thinking to buy shiba, you should wait till it reaches 0.000022 USD and then another target buy is 0.000018..
Dont buy at this high!
I have been analysising only one single coin SHIB for more than 3-4 years and hence I have now completely understood how Shib Holders behave at bullish and bearish zones!
every community behaves somewhat differently with different coins.
For Shib, Shib Community starts selling about their 30-40 percent Holdings whenever they get 20-40 percent rise and that is the only reason Shiba is facing high resistance with values like 0.0001 USD
so, I would suggest not to enter at he current price point neither you should sell existing holdings.
