MerijnTrades

Short Idea for SHIB/USDT

Short
MerijnTrades Updated   
BINANCE:SHIBUSDT   SHIB / TetherUS
Hi,

What are your thoughts on Shiba? I think the price will fall back to a lower area in short term and then continues to consolidate to generate liquidity.
Of course, the price can also rise again to a higher area. Therefore always do your own research
Comment:
Sidenote:

I use at least a risk to reward (r:r) of 1:3. I have published 4 ideas (with trading positions) so far.

1 trade had an r:r of 1:6 (RUNE/USDT) who hit the TP. 2 other trades with a risk:reward of 1:3 have hit the SL. 1 trade (shib/usdt) is still active.

For example:
Let's say you risk 100 euros every time (starting balance).
Balance after winning trades: €600
Balance after losing trades: -€200
Total: €500

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