By short-term we mean within a month (within 4 weeks).
When we say mid-term we are talking about a 1-3 months time window.
And finally, long-term can be 3-12 months...
But these are just approximation, we spot trend-reversals, buy and hold and let the market take care of the rest.
The waiting time can be one day, 1 week or 6 weeks it makes no difference because we only close a trade if it goes below the stop-loss.
Shiba Inu (SHIBUSDT) closed yesterday above EMA50 ("conquered" this level) and now it is time to grow.
We are looking at 70% potential profits short-term.
After we hit this target, we share a new analysis to see what comes next.
But very likely we get a correction/retrace.
Each time a strong resistance level is tested/challenged a correction takes place.
This is normal price action.
Namaste.
When we say mid-term we are talking about a 1-3 months time window.
And finally, long-term can be 3-12 months...
But these are just approximation, we spot trend-reversals, buy and hold and let the market take care of the rest.
The waiting time can be one day, 1 week or 6 weeks it makes no difference because we only close a trade if it goes below the stop-loss.
Shiba Inu (SHIBUSDT) closed yesterday above EMA50 ("conquered" this level) and now it is time to grow.
We are looking at 70% potential profits short-term.
After we hit this target, we share a new analysis to see what comes next.
But very likely we get a correction/retrace.
Each time a strong resistance level is tested/challenged a correction takes place.
This is normal price action.
Namaste.
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followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)