Here’s my insights on how I’m playing 
SHIB, meme coins can be even more profitable with proper analysis and not just wishful hodling.
SHIB/USDT has been keeping consolidation patterns and is currently in consolidation right now. Volumes still in the billions and social media presence is still buzzing. Analysis report is remaining in BUY.
SHIB has been steadily spiking and dropping about 20%-30% and then repeating the process for the past couple of days. All stats are still pointing at another spike, and then opportunities to short.
I’m currently holding 1 futures contract on SHIB (long) and holding a bag of about 10M (to pull after potential next spike). Then the next drop I can open short futures contracts and keep repeating this process until the pattern breaks. Following this allows profits to be obtained in both directions
SHIB, meme coins can be even more profitable with proper analysis and not just wishful hodling.SHIB/USDT has been keeping consolidation patterns and is currently in consolidation right now. Volumes still in the billions and social media presence is still buzzing. Analysis report is remaining in BUY.
SHIB has been steadily spiking and dropping about 20%-30% and then repeating the process for the past couple of days. All stats are still pointing at another spike, and then opportunities to short.
I’m currently holding 1 futures contract on SHIB (long) and holding a bag of about 10M (to pull after potential next spike). Then the next drop I can open short futures contracts and keep repeating this process until the pattern breaks. Following this allows profits to be obtained in both directions
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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.