SPY_Trader

SHIB - Experienced Trader's Know

Long
COINBASE:SHIBUSD   Shiba Inu
Indicators aside, even though many agree, there is a few old sayings that those of us that have been trading stocks, futures, and other equities have heard many times, and they definitely apply to SHIB and other cryptocurrencies, especially right now.

Higher highs, higher lows
See action past 4 days. Higher lows, for sure, check back later for the high of today. Really though, what is a day when the market is open 24x7?

Patience pays
I remember buying SQ stock around $12 and thinking, "Does this thing ever move?" Seems like just yesterday. It took awhile, but eventually Mr. Market caught on.

Buy low, sell high
Can't get much lower, but can really get much higher

Personally, I plan to keep buying until SHIB is around $0.10, and then hodl until $10.00. Honestly, I don't see it taking long at all. All the negative stuff I hear, I've heard the exact same things about BTC, ETH, and ALGO. I bought those a few years ago as well, and just bought when everyone else said to sell.





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.