13 May 2024
I think we have a bullish setup here for SHIBA INU! US market has just opened up. If we can keep some bullish momentum in BTC price, i think we can have a little MEMECOIN mania vol 2! the question here is, is it a real run or a fake one? Well, we are here to make money so if we protect ourselves we can give it a try! with SHIBA, we are sitting exactly inside a wedge on daily timeframe. We have many different options here - 1. we get rejected and cannot break out 2. we will shoot like a rocket thru and have a strong move to the upside 3. we will keep moving sideways
I have entered at approx. 0.000023 area. Thats where my stop loss is - so for me, there is only win or a break even! In crypto currency trading, or in every type of financial instrument , the first thing You do is control Your losses. No profit is no profit, but its still better then a loss!
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