The below TradingView chart is a weekly SHIB/USD study anchored to a Fibonacci ladder. The price marker on the right rail reads $0.000010205, placing SHIB fractionally below the 0.236 retracement band annotated at $0.000011043.
Above that, the chart maps successive overhead levels at 0.382 near $0.000016434, 0.5 around $0.000022661, 0.618 near $0.000031247 and 0.786 at about $0.000049369. The red 1 line flags $0.000088410, with higher extension markers plotted at 1.272 ≈ $0.000185406, 1.414 ≈ $0.000272917 and a terminal 1.618 ≈ $0.000475605.
A stylized projection trace on the chart depicts a late-cycle, near-vertical advance that only materializes after a prolonged base and then stalls inside the 1.0–1.272 cluster before breaking above the 1.272 Fib extension and topping below the 1.414 Fib extension roughly at $0.000022; the path visually reinforces the author’s contention that SHIB underperforms until the “end.”
In a separate post on Oct. 24, Charting Guy ranked market structures across majors and large-cap altcoins, explicitly placing SHIB in his “Bad Looking Charts” bucket while labeling Bitcoin, Ether, XRP, Solana, BNB and Stellar as “Good Looking Charts.” His list read, in part: “Good Looking Charts: BTC, ETH, XRP, SOL, BNB, XLM … Decent Looking Charts: XDC, DOGE, PENGU, ADA, ONDO, SUI, AAVE, LTC … Eh Looking Charts: PEPE, FLOKI, FLR, LINK, BCH … Bad Looking Charts: SHIB, WIF, ETC, AVAX, FET, RENDER, INJ, CRV, ALGO, SOLO, COREUM, NEAR, VET, COMP, DOT, IOTA, FIL, ATOM, And many more.”
At press time, SHIB traded at $0.00001046.
