Shiba Inu Trading Range, Medium-Risk 5X SHORT—172% Potential
Updated
Good afternoon respectful trader, let me explain my thinking first and then we can get to the numbers.
Shiba Inu (SHIBUSDT) faced resistance recently at MA200, late September. This same level is working as resistance again with very low volume and a lower high. This opens the doors for another drop.
The main move is a drop that started in early March, so the tendency is down. If resistance is faced on weakness, the highest probability break is toward the direction of the main move.
The market can break to either side.
The market can be manipulated.
Not all trades hit.
This is medium risk based on the chart setup.
Leveraged trading is for experts only.
The lower low potential is strong based on these signals and many others that I gathered across the market and thus the SHORT. Below you can find the full trade-numbers for my latest trade.
➢ SHORT SHIBUSDT
Leverage: 5X
Entry levels:
1) $0.00002150
2) $0.00002000
3) $0.00001850
Targets:
1) $0.00001750
2) $0.00001610
3) $0.00001495
4) $0.00001350
5) $0.00001245
Stop-loss:
Adjust to your own risk tolerance
Potential profits: 172%
Capital allocation: 3%
___
Disclaimer: This is super risky. Liquidation can result in the loss of all funds. This is not for children. Adults only. Trade at your own risk.
This is not financial advice.
Thanks a lot for your continued support over the years. I am truly grateful.
Namaste.
Shiba Inu (SHIBUSDT) faced resistance recently at MA200, late September. This same level is working as resistance again with very low volume and a lower high. This opens the doors for another drop.
The main move is a drop that started in early March, so the tendency is down. If resistance is faced on weakness, the highest probability break is toward the direction of the main move.
The market can break to either side.
The market can be manipulated.
Not all trades hit.
This is medium risk based on the chart setup.
Leveraged trading is for experts only.
The lower low potential is strong based on these signals and many others that I gathered across the market and thus the SHORT. Below you can find the full trade-numbers for my latest trade.
➢ SHORT SHIBUSDT
Leverage: 5X
Entry levels:
1) $0.00002150
2) $0.00002000
3) $0.00001850
Targets:
1) $0.00001750
2) $0.00001610
3) $0.00001495
4) $0.00001350
5) $0.00001245
Stop-loss:
Adjust to your own risk tolerance
Potential profits: 172%
Capital allocation: 3%
___
Disclaimer: This is super risky. Liquidation can result in the loss of all funds. This is not for children. Adults only. Trade at your own risk.
This is not financial advice.
Thanks a lot for your continued support over the years. I am truly grateful.
Namaste.
Trade active
We have plenty of time to enter this trade (and the other SHORTs), once in, let the market take care of the rest. Do not get greedy. No need to maximize leverage this is a recipe for disaster. Low leverage.Note
Targets:
1) $0.00001750 |Hit 23-Oct. (+39%)
2) $0.00001610 |Next target...
3) $0.00001495
4) $0.00001350
5) $0.00001245
Trade active
Second target hit. More to come soon.
Enjoy the profits.
Targets:
1) $0.00001750 |Hit 23-Oct. (+39%)
2) $0.00001610 Hit 25-Oct. (+76%)
3) $0.00001495 |Next target (+106%)
4) $0.00001350 (+144%)
5) $0.00001245 (+172%)
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