SHDWUSDT trade ideas
"Cracking the Market: A Long Strategy on Recent Listings"
Egg-citing Opportunity: Identify recent news or listings that have sparked market interest, signaling potential growth opportunities.
Early Bird Gets the Worm: Act swiftly upon the listing, capitalizing on the initial excitement and momentum generated by the news.
Timing is Key: Time your entry carefully, ensuring you enter the market at an optimal point when the asset is poised for upward movement.
Wake-Up Call: Seize the moment to initiate a long position, aligning your strategy with the newfound attention and positive sentiment surrounding the asset.
Time to Fry Some Profits: Execute your plan with precision, aiming to capitalize on the upward trend and maximize returns as the market heats up.
Long Shadow TokenTraders,
Until BTC gives us something more definitive, I'll be cautious on the long side. Conviction from the market may not occur until after the having, but, as always, we'll be watching the charts for a head start. That being said, there are a few altcoins that I believe are especially attractive right now. One such token is SHDW, a L2 Solana-based token. Recently, Coinbase announce this token listing on the roadmap. This gave SHDW a boost from 1.40 all the way up to 2.90. I am also a long-term hodl'er on this little gem and sold some of my hodl'ings up around 2.60 or so for I beautiful gain. I have since re-entered and along with that re-entry, think it's worth adding to our trade portfolio. Soon (though the date is unknown) it will be listed on Coinbase as well as other major exchanges. And when that happens ...moonshot. TBH, my target of 2.90 is probably rather conservative because once this thing is listed, it will fly. However, true to good trading practices, I will be taking at least some profits at that double-top 2.90 area. I will probably then let the remainder ride, trailing my stops as we go.
To purchase this token, I have connected my wallet on the Jupiter exchange (jup.io). There are a number of wallets that can be utilized but both Metamask and Phantom are also accepted.
Entry - 1.83
Targets - 2.00 and 2.90
SL - 1.29
RRR - 2
Best,
Stew
Long Shadow Token Another little gem on the Solana network is Shadow. While all the Layer 2 coins have had their chance to pump, Shadow has really waited patiently behind the scenes. Not many people know about it because it's not listed on any of the CEX's. I used Jupiter (a Solana Dex) to get mine. Anyway, I think SHDW could pump soon. I am setting my target to around 2.40, taking profits along the way at the various levels I have drawn. My stop out will be just under that blue ascending TL. This gives me an RRR of around 3/1.
Best,
Stew
