SHIB is looking like it's in trouble. It is consolidating with what looks like an incoming bearish cross on the MACD as it battles the resistance in its current downtrend since the all time highs. If it cannot muster up the bulls to break the resistance (red) then the bears should takeover and bring us to support 1. If it holds i'd look for a reversal and potential break of the resistance but if it breaks look for support at 0.003055 (-40%) with a potential wick to 0.00002698 (-50%). Approximate timeframe based upon previous fall pattern and should only be used as a guide.
This is not trading or investment advice. Trading is risky, do your own due diligence.
This is not trading or investment advice. Trading is risky, do your own due diligence.