TradingView
jasdabunny91
May 6, 2022 3:43 PM

Shiba is Long... Expect Bounce 

SHIB / TetherUSBinance

Description

I got dumped to hell last month. No regrets people claimed that we would follow a BTC dump to below 28k. I have been saying for a while BTC has shown great strength in the 40s. We will see a strong retest int he 40k to 47k range. I believe BTC will breakout past 50k this month. Shiba did an incredible short this month.... I can say that's the gamble of good trading. However, SHIBA is not one to show in the 0.000020 range. We will bounce soon. It is a greater gamble to short this range on Shiba than long it. I wasn't expecting a month of major down turn as many other stocks like AVAX and LUNA had major bounce. I expect us to hit a super ninja trend contrarian style.

As I always say this is a spot trade, so trade your style and watch for updates. I ride the pain, not usually for a month but we had some great support levels that dipped off. This month expect retest. It is an ugly market . I have never been liquidated and this is the closest I have ever came. Good ol' SHIB. Not worried. I like the volatility. Be patient. I will be updating. Happy trading.

(I believe people over complicate trading in this type of market. I will be getting to technicals when the market corrects. Expecting BTC to get to the 42k range soon and traders to claim it's an outrage.) Lucky for us SHIB can pack a punch. LONG LONG LONG- been LONG just a scamming ass market with scamming ass Feds.

Comment

looking good for us. we have seen nice support levels in the 0.000020s range. wait for it. green middle finger coming then up from there

Comment

waiting for btc 36k bounce... we are in direct correlation. patience

Comment

damn what a dip.... spot trade. crazy market. i'm still buying
Comments
shinkuutatsumakisenpukyaku
Yeah bitcoin will reach 30k and somehow Shiba will go +50%. It makes sense
jasdabunny91
@shinkuutatsumakisenpukyak unbelievable market move. not 30k.... bounce at 32k. These drops have been quick and brutal. I'm betting the bounce will be higher. Been a brutal April man.
jackapack
Good support area. Can get in and wait for eventual bounce
jasdabunny91
@jackapack, absolutely if we go up it will be a nice gain. we been waiting too long lol letsssss go
More