#SHIB 🌷Is it rising or falling? Here comes the big analysis. The charm of quantitative analysis is both offensive and defensive.
Everyone, please pay attention to the many dotted lines I drew. You will find that if there is pressure, in addition to the long upper and lower shadows of the K-line, the K-line entity is always below the pressure dotted line.
🌷If there is a support level, the K-line entity is also on the support dotted line.
🌹I suggest that you pay attention to the green solid line below. If the K-line and the moving average cannot rebound, and the dead cross falls below the purple seven-day line, then it is recommended to get out first. Especially the entity red line below.
🌷Some people will ask, are the entity green and red lines drawn incorrectly? Please pay attention to the second picture at the bottom. I drew it on the one-hour line.
🌸Why? Look, are there three dotted boxes on the K-line? Look before and after the real green line. The K-line in the two boxes is the pressure point in front and the attack point in the back. If the breakthrough is successful, there will be a wave of rise, so I draw the final support level at the highest and lowest points of the previous K-line.
☘️The last one is the real red line at the bottom. Look at the VOL volume indicator below. Is it the highest volume column in recent times?
🌹The volume column of this hour is the highest on September 19, so I also drew the highest and lowest points.
🌳If the real green support line above can be maintained, there will be another rebound. If it cannot be maintained and touches the red line below, once it breaks, there is a high probability that it will be another wave of endless waterfalls.
🌹Therefore, when drawing lines, you must also find the watershed, volume factors, effective pressure and support levels to judge. Because if you only look at the K-line moving average, but not the volume, and cannot combine the daily and hourly lines to judge, then you will not be mentally prepared, but will be more panicked. $SHIB