SHIB ALGO and Channel trade
I have been nursing this for 24 hours now. The trade is set up by algorithms and generally lower than normal volume. As you can see here on the 15 minute chart.
When it hits the top of the channel wait for verification that it isn't going through the channel. Set an alert for resistances. Including channel lines.
As it weaves through the channel after verification that it wont break the channel, buy the dip and ride it right back to the top.
works for me, I have managed to accumulate 30 % more SHIB at the bottom. In it for about 4 hours then sell wait for about 4 hours then buy.
I see the bottom at around .00005450 looking at the daily chart and you're typical pull back on a bullish run.
Overall this is still in a bull pennant.
Good Luck!
When it hits the top of the channel wait for verification that it isn't going through the channel. Set an alert for resistances. Including channel lines.
As it weaves through the channel after verification that it wont break the channel, buy the dip and ride it right back to the top.
works for me, I have managed to accumulate 30 % more SHIB at the bottom. In it for about 4 hours then sell wait for about 4 hours then buy.
I see the bottom at around .00005450 looking at the daily chart and you're typical pull back on a bullish run.
Overall this is still in a bull pennant.
Good Luck!
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