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bizmark
Oct 27, 2021 12:16 PM

SHIB the Beast to 6666? Long

SHIB / TetherUSBinance

Description

Shiba Inu has been very generous recently.💰 See examples here👇...

...and here👇

Now she broke up another triangle📐 and I think there is chance for run to @ 0.00006640 and even higher. Setting BUY LIMIT order to catch the pullback. SHIBby, just do it once again!💕
  • ENTRY: local high @ 0.00005440
  • SL: local low @ 0.00005229
  • TARGET: height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.00006640
  • RRR: 5.6
  • INVALIDATION: when SL level hit


Check my other SHIB stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

Trade closed: target reached

6666 😈 YEAHAAAW!
Comments
CryptoColor
Path to 0.001. Let's dream. Let's make it happen.
bizmark
@CryptoColor, that would be awesome, but it's really just a dream at least for now... 🌈
CryptoColor
@bizmark, Agree. It's a 20X from here which brings a market cap of 400B $ for it. A little bit lower than current ETH market cap. Hard but not impossible.
Ps: Nice analysis.
bizmark
@CryptoColor, thanks. Yes, I was thinking the same about market cap numbers. Cheers!
CryptoColor
@bizmark, Sir. What do you think about its next stop? Any chance to re-open a trade?
bizmark
@CryptoColor, my highest target currently is 9500, but not saying it's the last target for the whole bullrun, as there may be some higher/further targets as the price action unwinds. Not disclosing any further trades, as the price moves too quick and I'm not sure if there is enough interest.🤔 For example I do trade 1M charts last few hours.
Cryptojunk1
Great trade!
bizmark
@Cryptojunk1, thank you! 🥂 Seems like we are hitting the target soon.
Jmedinas
Brilliant, I agree with your idea. After 6640 you expect can fall?
bizmark
@Jmedinas, pause or some pullback expected. I still have some higher targets, but securing some profits there would be wise imo.
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