One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.
What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.
Not everytime the hype and the trend always stay. There will always the time where people are actually selling it most especially when the downtrend begins to surface.
Not to mention that these are both meme coins with no real use cases, just merely a speculative coins.
I don't have Shib nor Doge, but If it happens that I'm holding one of those coins, I won't get affected by the downtrend as long as I can still see people hyping these coins up in the social media it'll probably bounce back.