3 hour 200-day EMA + 61.8% Fib Confluence.

We are seeing a rare confluence on multiple occasions to the exact price level.

- Confluence 1: 61.8% fib + 3hr 200-day EMA
- Confluence 2: fib retracement + fib extension

I am no longer adding to my spot position of over $5m.

I have for the first time in #SHIB entered a 5x leveraged long position on a separate account which equates to ~$5m in total size. I will be taking profit on this swing at the 100% fib extension.

Good luck to everyone.

Best,
Matthew Park