SHIBUSDT 1D Shiba token price chart shows growth prerequisites
Before you is the global chart of the SHIBUSDT trading pair
As you can see, the previous Shiba price pump ended in November 2021 and since then the price has been in an 8-month downtrend.
Due to this drop, the Shibainu price returned directly to the liquidity zone, where in 2021, for several months, were gained long positions before the pump by +1200%
Since the SHIBUSD price spent less time in the liquidity zone in June 2022, growth should be expected to be weaker than in 2021.
However, looking at the chart, it seems to us that in the near future a completely real x2 growth - from $0.00001050 to $0.00002100
When trading this coin, you should understand one fact - it is a very speculative asset. Therefore, it is worth setting adequate take profits in order to take the profit that the market is giving at the moment. And also you can move the stop to an upward position during the price growth.
Because, as we can see, it is not a problem at all for a SHIBUSDT trading pair to drop in price by -92%. So that you do not bite their elbows after, which seen great profits, but fixed at best +10-20% and got a traumatized psyche as a gift.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
As you can see, the previous Shiba price pump ended in November 2021 and since then the price has been in an 8-month downtrend.
Due to this drop, the Shibainu price returned directly to the liquidity zone, where in 2021, for several months, were gained long positions before the pump by +1200%
Since the SHIBUSD price spent less time in the liquidity zone in June 2022, growth should be expected to be weaker than in 2021.
However, looking at the chart, it seems to us that in the near future a completely real x2 growth - from $0.00001050 to $0.00002100
When trading this coin, you should understand one fact - it is a very speculative asset. Therefore, it is worth setting adequate take profits in order to take the profit that the market is giving at the moment. And also you can move the stop to an upward position during the price growth.
Because, as we can see, it is not a problem at all for a SHIBUSDT trading pair to drop in price by -92%. So that you do not bite their elbows after, which seen great profits, but fixed at best +10-20% and got a traumatized psyche as a gift.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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