SHIB is stronger✅than expected! Next 2 targets.

16 Jul 2022

In my last idea about the SHIB i expect the local pullback but the alt start to squeeze to the trendline and break it out. The main target is the key level of $0.012 and it were reached✅

✅The price can`t stay to long inside the liquidity gap because of the lack of liquidity but the big players can make trap for the long traders and collect all the stop losses which placed by long traders in $0.00842-0.01 liquidity gap.

After the trap price should squeeze to the trendline and break it out.

📊Preconditions to open a long:
🔥false breakout and collection of sl below the $0.01 key level
🔥volume growth which confirm us the pressence of big buyer who will push the price higher
🔥squeeze to the trendline
🔥bullish BTC help reach the targets for SHIB much faster

📊The targets:
1️⃣ $0.012 - key level
2️⃣ $0.0143 - key level

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.