The Trust Layer for Market Analysts

The video provides a technical analysis of SHIBUSDT. It notes that September tends to be a bearish month, while October is traditionally positive for Bitcoin, potentially leading to an alt season. Shiba Inu is down 2.85% today and 20% this month, falling from a market cap of 9.33 billion to 7.24 billion, which indicates that selling pressure. It will find support area is at 0.00001, where some whales want it to hold its level and stop losing a zero. It seems to be forming a descending triangle, which can result in price declines. Using the Tradewave indicator the last short signal indicated a 10% drop, to which there's another trade setting is ready. If Altseason happens, a break out would lead to a new price at 0.00002348.