SHIB long position
Shiba Inu may be one of those memecoins with little to no intrinsic value, with its volume and liquidity it offers amazing opportunities for traders.
I have just closed on my SHIB short position.
And I'm now looking for new opportunities. As I believe this move we're seeing is nothing but a healthy correction (very normal during bull markets), the more we go down, the more I'm looking for longs.
And this next support zone around 4300 is looking quite good. It held once before in the beginning of November and is our only support if the 200 EMA breaks.
What are your thoughts on this?
I have just closed on my SHIB short position.
And I'm now looking for new opportunities. As I believe this move we're seeing is nothing but a healthy correction (very normal during bull markets), the more we go down, the more I'm looking for longs.
And this next support zone around 4300 is looking quite good. It held once before in the beginning of November and is our only support if the 200 EMA breaks.
What are your thoughts on this?
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