- i never been a fan of memes coins but they are fun, i hodl some and trade some on good momentums.
- if u wanna play with Shiba i give u a simple strategy.
(i will speak with round numbers and take out useless 0.00000XXXX in my speach)
- As you can see on the graph Shiba is oscillating between 2 specifics zones (550-950)
- so the way to adapt your trades is very easy :
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- if Shiba knock down 550 Buy.
- if Shiba goes around 950 Sell and wait. (X2 profits)
- if shiba strongly pass 1000 buy more around 1100 and wait for TP1 around 2350. (X2 Profits)
- Take your profits and keep some Shib on the go to 5250.
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The worst case should be if Shiba breaks down from his consolidation and dip under 500.
Then Stop your loss at 490, leave your bag and wait.
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Happy Tr4Ding !