SHIB is about to reach a recent low !
This figure shows the weekly candle level chart of SHIB from the beginning of 2022 to the present. The graph overlays the high points and their connections from the past year and a half, as well as the horizontal lines of the bullish starting positions after the end of mid June 2022! As shown in the figure, due to the negative news in recent days, SHIB has retreated to the key support level, which is below the long start level (0.000008030) after the end of mid June 2022! So, once the daily closing of SHIB is below this position for three consecutive trading days, the space below will open, and it is likely to hit a new low in the past year and a half!
This figure shows the weekly candle level chart of SHIB from the beginning of 2022 to the present. The graph overlays the high points and their connections from the past year and a half, as well as the horizontal lines of the bullish starting positions after the end of mid June 2022! As shown in the figure, due to the negative news in recent days, SHIB has retreated to the key support level, which is below the long start level (0.000008030) after the end of mid June 2022! So, once the daily closing of SHIB is below this position for three consecutive trading days, the space below will open, and it is likely to hit a new low in the past year and a half!