Technical analysis by CapableLyn about Symbol SHIB: Sell recommendation (12/12/2023)

uhm ohm... Should I speak out the truth? SHIB WON'T MAKE IT, that's it Our lil Shiba currently faces a massive convergence of Resistance. And you know, it reacts TERRIBLY. Pinbar, Signs of Distribution, Fibo Ratio, Volume, Retest,... we already have all the necessary pieces for A BIG SHORT. This is the early call, so I don't guarantee SHIB will Fall Immediately. Observe Shib's PA carefully and find your best position. The risk is now low enough for us to consider an A-rated seat. WHAT SHOULD A WISE TRADER DO? Long position holding: Adjust your stop-loss to protect your profit, or take profit Short position holding: Keep your stop-loss near the nearest red line. If the stop loss reaches, then we will wait for better conditions( Or abort this plan and re-analyze) Who still hasn't done anything? Don't Long.Comment: seems like people don't like the idea that SHIB won't make it ... Dear my followers, that's is also an indicatorComment: Everything develop so well. Keep your eyes closely on SHIBComment: I put the line i don't guarantee it'll fall to defend myself But " thanks to" Bitcoin, it backfires on me haha