Current Situation:
Pattern: SHIB is showing signs of long accumulation, which typically precedes an explosive upward move.
Trade Strategy:
Entry Point: Enter a long trade above $0.00002739.
Take Profit Targets:
First Target: $0.00003267
Second Target: $0.00003960
Third Target: $0.00004440
Stop Loss: Set at $0.00002550 to manage risk.
Summary:
SHIB's historical pattern of explosive moves after long accumulation periods suggests a good opportunity to build a position. Entering a trade above $0.00002739 aims to capture the potential upside. Take profit targets are set at $0.00003267, $0.00003960, and $0.00004440, while a stop loss at $0.00002550 helps to limit potential losses.
Pattern: SHIB is showing signs of long accumulation, which typically precedes an explosive upward move.
Trade Strategy:
Entry Point: Enter a long trade above $0.00002739.
Take Profit Targets:
First Target: $0.00003267
Second Target: $0.00003960
Third Target: $0.00004440
Stop Loss: Set at $0.00002550 to manage risk.
Summary:
SHIB's historical pattern of explosive moves after long accumulation periods suggests a good opportunity to build a position. Entering a trade above $0.00002739 aims to capture the potential upside. Take profit targets are set at $0.00003267, $0.00003960, and $0.00004440, while a stop loss at $0.00002550 helps to limit potential losses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.