๐ฅ Hi friends! THE last days the meme coins pumps on Elon's deal with Twitter. Today we see some pullbacks on entire crypto market.
๐ Just take a look on this idea and how accurate our scenario works! The price reach the huge value area of $0.00117-0.00127. I know that your stop-seel orders were placed there. Congratulations to all who make +18% with me!
Now I see two scenarious and on both we can make money. There are short and long scenarious.
๐ฉ After the reaching the value area that i marked on the chart a lot of retail traders enter the trade in hope of PUMP. They can become the fuel๐ฅ for the DUMP. The local target is $0.00075-0.00084.
โ But highly possible is the long scenario with continuation of PUMP.
๐ The main preconditions to open a long: ๐ฅ squeeze to the trendline ๐ฅ volume growth during the squeeze to the trendline ๐ฅ a lot of short traders that become the fuel for the growth ๐ฅ bullish BTC
๐ My targets for Shiba Inu: 1. $0.00117-0.00127 - the value area 2. $0.00140 - the closest key level 3. $0.00156-0.00164 - the value area
โ Traders, don't forget to book your profit. This is an important rule of the trading stratedy. Book the profit in time is important as find best entry point.
๐ปFriends, press the "boost"๐ 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.