I decided to analyse DOGE and SHIB in comparison with each other. SHIB is repeating price movements almost identical to those of DOGE. There was a very long accumulation on the DOGE chart, after which price broke through it and DOGE rose by 500%. SHIB has now also broken through a strong accumulation and reached a high of 300%. After such a strong accumulation, the price can continue its rise further. If you bought and hold SHIB, I would recommend locking in 20-30% profit now. If the price reaches the 500% rise mark, the best opportunity would be to sell another 70-80% of all coins, as DOGE fell 60% last time after such a strong rise. If SHIB repeats the same pattern, you can buy more coins at a 60% discount.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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🚀#Shiba hit MY TP ✅✅. NExt trade idea is...
🎥Watch on TradingView 👉
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#Shibainu hit my SL🛑, I wait for a new trade opportunity
🎥Watch on TradingView 👉 You will learn: - Why did it hit my SL - What I am planning to do - why you should join our advanced club
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Shiba - trend line break up the pattern. I personally trade it IF bear trap happens before break up. 👇👇👇👇👇👇
Hi Professor Yuri, I wanted to talk about the value of Cardano and Ripple. Is it time to buy now or do we still have to wait?
csmccool
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This types of analysis are make me laugh. DOGE has 131 million total supply and SHIB 1 quadrillion. That means if SHIBA reaches .01 cent it would make up the value of a tenth of the stock market (its 95 trillion). Will SHIBAt go up - SURE - but you'll never see a value like DOGE reached, SHIBA is just not rare enough. Enjoy the pump and get out before the dump.