SHIB has been in a downtrend for a while now and shows no sign of reversing anytime soon unfortunately.
I have been holding off posting an update in hopes of seeing something indicating a reversal but have realized that the most likely scenario is that SHIB continues to the green dotted support line before entering a long ranging period where it will move sideways for a while before any significant price movement.
I suggest moving money out of SHIB and into ELON which should be making a strong move up very soon. (see my last ELON post)
If you are a long term SHIB holder and do not care about making money in short term trades, my suggestion would be to accumulate more SHIB at the green dotted line zone which I expect to be where SHIB bottoms.
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