You have to make +20% if you buy the SHIB on the breakout of the trendline using my scenario. Check this idea to get more experience in trading!
SHIB is squeezing to the key level of $0.1297 and don`t make a pullback after the key level false breakout. The price have to drop by 20-30% but not. You have to pay attention to such unusual things. This info will be really useful at the bull market when the price continue to riseโ after the bull traps. That's what I tell my students.
๐ฅThe volume indicator confirmed that a lot of buyers accumulate SHIB at the bottom.
The target for this local accumulation is closest value area of $0.2125-0.255. A lot of traders will close their position in breakeven so i think it will be the best area to close the part of your long.
๐ฉCheck the links in my profile to get more ingo about trading and my free trading strategies for beginners.
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.