Hint: Robinhood listing, token burn and shiboshis see Shiba Inu to 1 cent
Recommendation: Retrace to 38% up to 61% fibonacci level then continual surge to 1cent
I’m for the long term. Facebook announced integrating the meme coin into its payment system. The recent listing at Public, Binance and Coinbase had been fueling this pocket rocket. Token burns aligned with shiboshi rename further bolsters value per token
I have a few million tokens and will hold till the 1 cent price
MARKET ORDER RULES
Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
Trading philosophy: Don’t short at the lowest of the momentum nor do we long at the peak of a impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
4H chart should confirm that the retrace had turned in the direction of master trend. The should have dropped below zero signifying a environment. Price would have dropped below the 10 and 20 . For good measure, check that the 4h and D1 is below the 50 signal line
4H chart should confirm that the retrace had turned in the direction of the master trend. The should have gone above zero signifying a environment. Price had gone above the 10 and 20 . For good measure, check that the 4h and D1 is above the 50 signal line
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow.