Colibri_Capital

Why are you so confident in a long position SHIB?

Short
Colibri_Capital Updated   
BINANCE:SHIBUSDT   SHIB / TetherUS
We have seen a lot of posts about a good SHIB long, and we want to suggest that you consider an alternative scenario

There is such a logical chain: Elon Musk pampil on Twitter DOGE, DOGE is a meme token, SHIB is also a meme token, Musk bought Twitter and DOGE increased in price, which means SHIB will also increase in price, perhaps in the short term, yes, and the SHIB team is developing a project that can in long-term to ensure the growth of the value of the coin.

However, we suggest you consider this option:
1D we see an impulsive growth and the start of a correction, given that this is a three-wave correction, then most likely the triangle that is drawn can act as wave b, therefore, we can expect a trip for the stops of people who were campaigned in favor of buying, buying off by strong players, after which we can say that the correction is over , are you ready to sit out -40% in case of going down?

If you want to buy or submit inside the rectangle, then we advise you to wait for a beating before entering a trade
Trade closed: target reached
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