๐ฅ Hi friends! Shiba is falling with any other market. After the last false breakout of the key level at $0.014, the price fell by -40%. So you can see how good this pattern work and I explain you how to enter a long trade using the same approach.
Now the price already made a false breakout and pumped by 23% after this. I think if SHIB will make a more deep fall, it will be a good chance to open a trade.
๐ THE PRECONDITIONS TO OPEN A LONG:
๐ฅ false breakout of the key level of $0.00829
๐ฅ test of the trendline (confirmation of additional support)
๐ฅ bullish BTC
๐ฉ The success test of trendline can confirm DOM and Footprint. It's absolutely free scalping tools that help me to track the whales orders and buy/sell crypto with them.
โ
THE MAIN TARGEST FOR SHIB:
1. $0.0093 - the key level
2. $0.01 - the key level and local high
3. $0.015 - value area
Traders, what do you think about SHIB? Do meme coins has a future at crypto market? Write your thoughts in comments!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.