As requested I'm now gonna talk about SHIB.
The shib daily candles have been diving down for the past few weeks. So what's the real score?
Hear this, as shib zigzagged it's way for a few weeks now, it has created a serries of KDJ support along the way which is 0.000021 and 0.000031. Moreover, the daily KDJ is anticipating a bounce back to 0.000019, 0.000026, and ultimately 0.000036.
Right now shib is trading at 0.000017 and the above mentioned KDJ support are strong buying points that will most likely drag the price up.
On the otherhand, KDJ has also recorded this strong selling points which is 0.000022-24. Because we have more KDJ support standing right next to each other, I'm anticipating some sort of consolidation along this price zone.
So what's the Verdict?
In the next few days or weeks shib may bounce back to 0.000019, then 0.000021, then consolidate at 0.000022-24, then jump again to 0.000026, then 0.000031, and ultimately 0.000036 or even beyond it.
If you're trading in spot, now is the best time to DCA. If you're in futures, the best entry is long, but always buy in at support, and set a 2% SL.
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By the way, if you're still looking for a safe, low cap, x1000 token, check out PITBULL.
Chart below👇
