I decided to analyse DOGE and SHIB in comparison with each other. SHIB is repeating price movements almost identical to those of DOGE. There was a very long accumulation on the DOGE chart, after which price broke through it and DOGE rose by 500%. SHIB has now also broken through a strong accumulation and reached a high of 300%. After such a strong accumulation, the price can continue its rise further. If you bought and hold SHIB, I would recommend locking in 20-30% profit now. If the price reaches the 500% rise mark, the best opportunity would be to sell another 70-80% of all coins, as DOGE fell 60% last time after such a strong rise. If SHIB repeats the same pattern, you can buy more coins at a 60% discount.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Note
🚀#Shiba hit MY TP ✅✅. NExt trade idea is...🎥Watch on TradingView 👉
Note
#Shibainu hit my SL🛑, I wait for a new trade opportunity🎥Watch on TradingView 👉
You will learn:
- Why did it hit my SL
- What I am planning to do
- why you should join our advanced club
Note
Shiba - trend line break up the pattern. I personally trade it IF bear trap happens before break up.👇👇👇👇👇👇
Note
Note
Trade closed: target reached
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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.