SHIBUSDT hard pump, is it good place to open long positions now?
When you have a chart like this:
then you can open your long positions at least with lower risk because you can see support levels clearly and you set your stop loss under support zone with around 10%--20% loss but here as you can see SHIBUSDT had a huge pump and if you open any long position now the risk is at the highest level somehow.
because there is not any good support zone for you to enter or set your stop loss and price is moving hard and maybe before you want to close, it hit your stop loss or market dump hard like a right chart that is MASKUSDT chart and we had about 100% profit in just 10 min but until now 80% of that pump destroyed and any long position at the top now receive more than 40% loss.
Notice: the market is not always about opening sell position or long position sometimes as we know we can wait for conformations and waiting for good entries and ...
DISCLAIMER: content here is not about upcoming moves of SHIBUSDT Or MASKUSDT and we just wanted to have look at the situation here. (what is your idea ?---comment below)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
then you can open your long positions at least with lower risk because you can see support levels clearly and you set your stop loss under support zone with around 10%--20% loss but here as you can see SHIBUSDT had a huge pump and if you open any long position now the risk is at the highest level somehow.
because there is not any good support zone for you to enter or set your stop loss and price is moving hard and maybe before you want to close, it hit your stop loss or market dump hard like a right chart that is MASKUSDT chart and we had about 100% profit in just 10 min but until now 80% of that pump destroyed and any long position at the top now receive more than 40% loss.
Notice: the market is not always about opening sell position or long position sometimes as we know we can wait for conformations and waiting for good entries and ...
DISCLAIMER: content here is not about upcoming moves of SHIBUSDT Or MASKUSDT and we just wanted to have look at the situation here. (what is your idea ?---comment below)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
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Win fully paid trip to Dubai, Kawasaki Ninja & Tesla Model 3 sign up with link: shorturl.at/UgjuH
My telegram channel:
t.me/mmbtchannel
Crypto +280% profit/month.
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