Alert About Misleading Analyses in the Cryptocurrency Market 📢
It is essential to be cautious about the analyses we share and believe in the cryptocurrency market, especially when it comes to beginners who lack the experience to understand the complexities of technical, fundamental, and quantitative analysis.
I have recently noticed the spread of an analysis claiming that the prices of Shiba ($SHIB ) and Pepe ($PEPE ) will reach 1 dollar. I would like to clarify that this scenario is unrealistic and not supported by market logic.
When looking at this analysis traded on the weekly timeframe according to classic technical analysis principles, we can see a potential signal for the end of the downtrend and the beginning of upward momentum. However, the logical target based on this analysis is to break the previous peak around the level of 0.00003343.
Promoting unrealistic targets like 1 dollar for these coins poses a significant risk to new investors who may make decisions based on these rosy dreams.
Therefore, I urge everyone to commit to sharing realistic analyses with logical and achievable targets. Our goal is to educate investors and empower them to make informed decisions, not to mislead them with false illusions. Thank you for your cooperation.
