Shiba Inu 2025 Bull-Market Target An Advanced Trading TipsWhere are my Shiba lovers? Did you miss me?
Certainly, I did miss you. If you noticed that I've been away from this pair, it is because the chart wasn't looking any good.
I am back now, which means the chart looks great.
Friendly alert, I am going LONG on this pair with high lev.
Let's get started with the technical analysis.
Shiba Inu is in a long-term rising trend. The market bottom was hit in June 2023. After this bottom, we have higher prices, higher highs and higher lows.
The 2024 corrective phase is coming to its end. It produced an intermediate higher low and the action is ready, and about, to turn bullish. Here I am showing a 600% potential for growth.
The same 600% target taken from the June 2023 market bottom would be equal to more than 1,800%. You decide if this is enough for Shiba Inu in 2025 or if prices will go higher. Right now, it is hard to say.
This a simple chart, quite standard. This pair requires nothing more than patience after buy and hold. The bullish wave can take anywhere between 4 to 8 months to fully develop. Allow for a big correction in-between the first and last peak. This correction will be a period of major doubt for many participants. By now, everybody is used to bearish action and all bullish waves ending after a couple of months. When the bull-market is on, the dynamics will be much different but since it only happens once every four years, nobody remembers that the halftime correction will result in a new and strong bullish impulse.
Anyway, even knowing this it would be wise to sell at the peak of the first wave to buy back lower when prices move down, why? Because the correction can last anywhere between 1-3 months. While you will be happy saying I can wait long-term, when prices move lower and it takes so long to recover, you will wonder why you didn't sell when it was obvious that bullish momentum was dying down.
Actually, it will be hard to know the top because of the energy when it happens, everybody is happy and euphoric. But you can tell when a top is in because that's exactly when you become greedy. You will be thinking, "I can wait. I want higher. Give me more." The moment these thoughts start to happen, RUN! Secure profits on the way up. It is the only way to win. In order to win, you have to sell when prices are up. Right now is the time to buy, to buy and hold. But later, you have to produce a winning trade and that only happens when you decide to take money home.
It is healthy to withdraw. It is healthy to secure profits when your capital grows.
You don't have to be 100% right. If uncertain, sell a portion and then continue to hold.
Namaste.
