SHIB$ WHY THE ASCENDING TREND ARE NOT FLY DOWN
Hi everyone, shib are the most trending coin but the thing that you would to know is when this booming ascending trendline could stop, and we have to have details and data for say it and we have two strong factors: volume and historical data. Don't listen who say taht it is impossible to have an idea to the next move-
First: volume. The volume is net increase in the past hours and i think that it's not weak in the next hours. Sure its hard to say if reach new high levels but word of mounth and the take over of DOGE can push this parameter even high.
Second: historical data. Weel in the past, in particular in the first wave for shib around early october we see a weak altcoins and a strong btc that increase its dominace. In this context SHIB explode and it took quotes from other coins while capitals flowed into shib and alts suffered this because people took their money and put into shib. Now we have a similar situation but now btc are weak, but for shib is a good thing. BTC are putting down the market and the alts and people put money into shib because it is the only coin that make money in this time. In the next days from analysis we expect an other pullback for btc to the 53k - 57k zone (53k worst zone is hard to reach because btc anyway is so strong). Btc is in a correcting mode but is NOT A BEAR MARKET SITUATION, only after ATH Btc have always correct itsself about 10- 20%, but this is good for a organic grow and also we are at the end of the month and as usual btc suffer at the end of the month because people tak ein general ptofits.
Well, this situation is perfect for shib and until btc are weak, and i expect that this situation is going on for the rest of the last days of october, shib will surge with a fast corrections during the ascending thendline.
We have to know all this things because IT'S IMPORTANT TO KNOW ABOUT OUR MONEY, AND WE DON'T HAVE FEAR AND OTHER PEOPLE DONT HAVE TO MANIPULTE US TO TAKE TOO EARLY PROFITS. Keep profits but pay attenction to
Fear, uncertainty and doubt (FUD), manage your feelings.
First: volume. The volume is net increase in the past hours and i think that it's not weak in the next hours. Sure its hard to say if reach new high levels but word of mounth and the take over of DOGE can push this parameter even high.
Second: historical data. Weel in the past, in particular in the first wave for shib around early october we see a weak altcoins and a strong btc that increase its dominace. In this context SHIB explode and it took quotes from other coins while capitals flowed into shib and alts suffered this because people took their money and put into shib. Now we have a similar situation but now btc are weak, but for shib is a good thing. BTC are putting down the market and the alts and people put money into shib because it is the only coin that make money in this time. In the next days from analysis we expect an other pullback for btc to the 53k - 57k zone (53k worst zone is hard to reach because btc anyway is so strong). Btc is in a correcting mode but is NOT A BEAR MARKET SITUATION, only after ATH Btc have always correct itsself about 10- 20%, but this is good for a organic grow and also we are at the end of the month and as usual btc suffer at the end of the month because people tak ein general ptofits.
Well, this situation is perfect for shib and until btc are weak, and i expect that this situation is going on for the rest of the last days of october, shib will surge with a fast corrections during the ascending thendline.
We have to know all this things because IT'S IMPORTANT TO KNOW ABOUT OUR MONEY, AND WE DON'T HAVE FEAR AND OTHER PEOPLE DONT HAVE TO MANIPULTE US TO TAKE TOO EARLY PROFITS. Keep profits but pay attenction to
Fear, uncertainty and doubt (FUD), manage your feelings.