On Friday we looked at Shiba Inu (SHIBUSDT) on the weekly timeframe and its long-term potential... 300% to 600% can be achieve... See below:
Looking at the daily timeframe, we are getting a different type of confirmation. -> Shibarium is being launched which includes a new token burning mechanism for SHIB.
This is fully confirmed by the chart and can lead to a fast 100% jump. We've been tracking SHIBUSDT for a while and the bullish bias became apparent early January as prices broke above EMA10 and EMA21.
The reversal signals started to show much sooner as is normally the case. For example, the bullish divergence on the RSI between Oct. and Dec. is one of those that gave it away.
Here is one of our favorites so far, 22-Dec-2022... Patience is key!
It takes time for our pairs to take off... But once the action starts, it goes fast and strong.
Enjoy the profits. Be prepared.
Write down your plan and make sure you know when you want to rebuy and when exactly you want to sell, and how much at each resistance level. Never become complacent, things can suddenly change.