UnknownUnicorn2413721

SHIBArmy! Maintain 4200 line, $4200 here is $10M SHIB=penny

Very bullish. Any technical analysts pro with charts on equities are going What is Going On!

Well, Welcome to SHIB! The Chart showing M2 debasement world wide. Trade those pennies and pesos to SHIBs regardless who's monopoly's money you are using. There is only one sovereign Internet Currency and that's Bitcoin. That's for the rich people.

The mass will be converting their pesos, liras, pounds and pennies to this cute little runner.

Raise your hand if you plan to give SHIBs for xmas presents? Are you buying them at 4200? or 8400? or 12000? Because that's still 0.00012000 and with a long BURN to SHIB = World Penny! Or maybe it's a sat? Or maybe it's a race?

Going neutral here because this is WAY OVERBOUGHT and in need of a pullback?

75% LONG
25% cash-is-trash, FIAT devaluating junk at -10% per year, hoping to re-enter sub 4200. Maybe will divert to King BTC or Queen ETC. Little fool SHIB is all over the board! Me thinks SHIB is a knight with black and white stripes in this massive Game of Coins!

Enjoy the rocket ride up people. Let the world army of individuals vote with their pennies! For the rich folks, it only takes $42K to be SHIB Billionaire...

Put the trade as netural as there is possible retrace here but we could shoot up to a penny after a burn announcement, relating to NFT renames, and Robinhood Listing (Finally!) Bear immediate term depending on the overall markets but don't be sidelines on this one. Hold a 25% core until the end of the Bitcoin Cycle run expected early 2022.
Comment:
Well, the overbought was "corrected" to sub 4000. That's $0.00004000 in case you track zeros. LOL Not a bad entry/re-entry level although it looks like mama Shiba DOGE is about to run! She's still got bones!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.