+108% for SHIB in 2 weeks. Is this even possible❓

9 авг. 2022 г.

SHIB is continue to consolidate below the $0.01297 key level. As you see, the SHIB doesn` t make the pullbacks even after the false breakouts which shows us the strength of buyer.

Actually, SHIB almost copy these movements from the last idea🚀

📊 Preconditions to open a long:
🔥the buyers buy the dip
🔥no pullback after thte false breakout
🔥squeeze to the key level
🔥bullish BTC and SnP500. They help SHIB to reach the targets much faster

🚩The supports and big limits on DOM and Footprint are the main preconditions to open a long. Using these indicators we can set the shortest stop loss✅and get highest RR.

📊 The targets:
1️⃣ $0.01837 - the key level, local resistance
2️⃣ $0.02290-0.027 - the value area, the huge resistance if Elon will not begin to PUMP Doge again and it will make +20-30% in a day.

🚩 The second possible scenario is a pullback after breakout of the key level. It will be nice to see the volume growth on this pullback which help us to identify the big player purchases zone on Footprint and open another long when the pump continue.

✅ What is your target on this DOGO? Share your target in comment!

💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.