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A famous encrypted currency Shayba Eno (Shayb) He finds himself in a dangerous position because he pulled Bollenger's domains on the weekly timeline of the price scheme.
If you are not familiar with them, think about Bollinger domains as an indicator of stress in the market. They follow the amount of the price that moves around the average moving, and stresses when things are calm and expand when the markets become wild. This tool has been developed by John Bollinger, this tool contains three parts: two external curves show different prices and a medium line representing the average.
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The distance between the curves creates a group that helps traders to evaluate whether the original approaches the state of peak or excessive work. It is a way to visualize volatility and identify potential transformation points in the market.
After the past few days, the SHIB price has lost a major support at $ 0.00002, setting the lowest level per week at 0.0000173 dollars and a bounce to 0.00001884 dollars, 8 % higher than the lowest level yesterday. However, first, the immediate return failed over $ 0.00002, and these signals are limited to the power of purchase and ambition.
Second, price Shayba Eno icon Failure to rise above the average curve represented by the 20 -day moving average on the weekly price scheme, which maintains a declining prejudice to the current time.
Snolition of the price of Shaiba Eno (Ship)
The fact that the SHIB price remains less than the average main indicators makes the possibility of reviewing the lower range, which currently extends to 0.00001251, more than height to the upper range at $ 0.0000312.
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If this is the main scenario, then this means that Sheba Eno The distinctive symbol is about to collapse 33 % of the current levels. It may not be surprising, because the weekly timetable means more time. However, it is likely to happen if nothing changes in the near future.
The level of $ 0.00001251 is currently working as a final magnet for the famous Meme currencies.
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