Previously I shared my idea on SHIB/USDT 15mins chart and predicted the buy zone (Check the idea on my profile).
Now regarding the news which said India is going to ban crypto trading, I think the chart started another downtrend. Based on the new RSI update there are 2 scenarios:
1. The first scenario is that the chart goes down on downtrend channel and reaches the first head of arrow I mentioned for buy zone I have noticed, there the we should wait for RSI to give us buy signal on 50% up.
2. The second scenario is that the downtrend channel keeps going to the next arrow head (yellow one) I mentioned, if it does so, we need to wait for the second RSI trend line (blue one) to reaches 50% zone and give us buy signal.
P.S: There is always possibility that chart breaks up/down the trend line/channel and that's the time we need an update on this analysis. And don't forget the DYOR please!
Cheers