Community discussions
๏ปฟDonโt listen to the bald Shark Tank guy. Heโs an idiot. Years ago he hated Bitcoin and went on tv trashing it, then the blockchain records showed he was a buyer the whole time. He just said Bitcoin and Ethereum are the only true coins and all the rest are poopoo. A good trading strategy is one that is opposite of what people like him say. I do that with Bloomberg Business. Whatever Bloomberg says, do the opposite.
Iโm buying now
๐ Timeframe: Intraday/Day Trade
๐ Bias: Bullish
โก Strategy: Momentum & Breakout Focus
๐ Entry Strategy:
You can enter at any price level, but consider adding near support for better risk-reward.
Look for confirmation with volume spikes or bullish candlestick patterns.
โ ๏ธ Risk Management (IMPORTANT):
Stop Loss (SL): Reference level: 0.00000840
๐ Note: This is MY stop loss. Adjust based on YOUR risk tolerance and strategy. I am not a financial advisor โ trade responsibly!
Risk Per Trade: Always use 1-2% max of your capital.
๐ฏ Profit Targets:
Primary Target: 0.00001020
โ This zone aligns with:
Triangular Moving Average resistance
Overbought conditions (potential trap โ take profits early!)
Key psychological resistance
๐ Note: Take profits based on YOUR plan. Trail stops if momentum continues.
๐ Related Pairs to Watch & Key Correlations:
DOGE/USDT โ Memecoins often move together; Dogecoin momentum can spill into SHIB.
BTC/USDT โ Overall crypto market sentiment driver. If Bitcoin is bullish, altcoins like SHIB may benefit.
ETH/USDT โ Ethereum strength can boost ERC-20 tokens, including SHIB.
USDT.D โ Watch Tether Dominance for risk-on/risk-off clues in crypto.
Idea: SHIB/USD Momentum Building โ Iโฆ
