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SHIBUSDT

SHIB some educational point for investors (educational)Hello and greetings to all my valued followers and crypto enthusiasts. In this IDEA, I aim to provide some educational points and overview of the SHIBUSDT’s position. 🙌🐋 The SHIB token is one of the loudest tokens in the crypto market over the past few years, especially during the peak of the crypto market. It was a time when many investors flooded into the market, and this token experienced a significant explosive price increase. It had a large community and a very powerful tool known as media, which resulted in a massive influx of capital over a few months. Buyers at various levels and stages were purchasing this token, and their wallets saw beautiful positive green numbers, realizing substantial profits. However, before they could withdraw these profits, just like what happens to most of these upward explosions, they fell into doubt and uncertainty. This capital, like layers of sedimentary rocks formed at the bottom of the sea, became trapped and stagnant in the same purchased assets. As I mentioned, contrary to the potential this token has, it has fallen into a deep sleep, and to emerge from this slumber, a new influx of capital is needed. Nevertheless, it still holds great potential for growth. The point I want to emphasize today, or rather share from my personal experience, is to sometimes embrace the events that occur in life and give a new color to your path with this acceptance. Financial markets, much like life, embed the psychology of human beings in every layer. If you encounter failure or loss, stopping your losses at any moment is a golden win for you. I’ll keep my words short to have a deeper impact on you; just think carefully about my words and don’t repeat my past experiences. Now, I’ll provide a brief summary of the upcoming trend for the SHIB token: the price of this token is currently experiencing a range and calm cycle similar to most market trends, and with a new influx of capital, we can expect a good price increase. Summary: learn to accept your mistakes and cut the loss as soon as possible, don't steak to your pleasant moment happened in the past and respect this as well in crypto market too. Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Education
by MadWhale
4
Trading Lesson 👨‍💻#1 - Never buy At the peak high.Not worth it I tell you. Never buy at the peak high. Always buy at the peak low. When ever you see a peak in the day of trading and you had a major rise in price due to things such as rallies or market seasonal up trends, or 🐳 it's moving up and you don't want to miss it. However; you buy in on the rush up-word believing it's safe to assume things will be greater tomorrow, so you wait to see this awesome rally to the top to make it rich. The day closes and the reopens, with a rise and then sudden fall in the crypto market - all that hype only to be disappointed when you notice somethings off; your funds are 💸floating away in mere moments. So naturally you panic believing that you are in a complete crash - and assume it's the fault of the stock you purchased, but more over it was the fault of the bad call - with bad timing, so you panic sell thinking it will only get worse, and in some cases it does get worse but in others cases that sell you just made would be a mistake in judgement as the price goes back up from where you sold leaving you behind with the lost funds to ponder over. This is what I call "fools gold" Never buy at the peak on after a closing day. reason being you may on the next day after a rally up-word, you notice the price move up higher for like a moment prompting you to buy, thinking that the rally is still going, however; not realizing that was the last call before the fall. So the best thing to do in these type of situations is to: _______________________ Don't Buy In Safer to study your target market before you buy and wait for the closing day, so that it can either adjust the price to where it really is vs where it currently is. if it drops wait till the closing day again until you feel you have the best price to turn a profit. Note - pay attention for market trends it could be going up which is good or falling down which is still good for you because you didn't lose any money, so best to study before you buy on a hype. _______________________ Hold Wait until the next closing day to see where it might lead - this will keep your shares you already purchased and if you need to add more funds to regain what you lost when the price is lower than expected, it will likely turn what was a lost to a gain when the price returns to where you originally purchased. _______________________ Sell The worse thing you can do is Sell unless you can catch the drop in price before it takes too much profit to recover from, you will likely try again losing more money and again, and again, and again - creating what is known as panic buying and selling, if you had deep pockets it might cause the market to completely drop based off the factor of you panic selling, no need to do so you have a day to find out where the market for your crypto is headed before you sell, so best to work fast or lose more funds wasting time. Focus and don't risk what you are not willing to lose, and for your own sake if you are a panic seller, never day trade, you'll lose more money that way. _______________________ Best Tools to use Notice the market trends on the charts before you buy, was it going up throughout a one month process if so then it's a likelihood it's in a seasonal high, it's sometimes hard to tell if it's moving up or down just by looking at charts, so you will definitely need proper indicators to help identify your next move. Indicators like: Volume to price or trend activity Not chart savvy, then find a predictor of your current crypto you purchased. Look for people on places like trading view who have the tools and or knowledge to tell you the trading trends - note not all of them are accurate - not even some websites that offer predictions for your favorite stock or crypto are accurate either, they are usually 40% accurate 60% inaccurate and 99% bias. That's just my opinion - however; they can not predict Rallies - Whaling activity - or - the entire stock market fallout/rise - anything can happen so be prepared it can take months if not years to recover or it could take a few weeks if you know what the future may bring. But remember: Don't try to buy in at the tip of a peak. It's guaranteed to drop instantly the next trading day. Hope this helps. Happy trading. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:ETH BINANCE:ETHUSDT CRYPTOCAP:SHIB BINANCE:SHIBUSDT COINBASE:SHIBUSD #CRYPTO #ALTCOIN #EVERYCOIN #RALLIES-WE-LOVE-THEM #HELP-WITH-A-RALLY #NEED-WHALE-SUPPORT #STOP-THE-DIP
COINBASE:SHIBUSDEducation
by Grandmaster_Oz
SHIBUSDT - Dunning Kruger Effect with PepeHi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, we're taking a look at the Dunning Kruger Effect. Dunning-Kruger effect, in psychology, is a cognitive bias whereby people with limited knowledge or competence (in a given intellectual or social domain) greatly overestimate their own knowledge or competence in that domain relative to objective criteria or to the performance of their peers or of people in general. This happens in trading all the time. In fact, we probably all started there if we're being honest. So - What causes the Dunning-Kruger effect? Confidence is so highly prized that many people would rather pretend to be smart or skilled than risk looking inadequate and losing face. Even smart people can be affected by the Dunning-Kruger effect because having intelligence isn’t the same thing as learning and developing a specific skill. Many individuals mistakenly believe that their experience and skills in one particular area are transferable to another. Many people would describe themselves as above average in intelligence, humor, and a variety of skills. They can’t accurately judge their own competence, because they lack metacognition, or the ability to step back and examine oneself objectively. In fact, those who are the least skilled are also the most likely to overestimate their abilities. This also relates to their ability to judge how well they are doing their work, hobbies, etc. The Dunning-Kruger effect results in what’s known as a double curse : Not only do people perform poorly, but they are not self-aware enough to judge themselves accurately—and are thus unlikely to learn and grow. So how can we prevent ourselves from falling into this trap? Here's a few things to keep in mind: To avoid falling prey to the Dunning-Kruger effect, you should honestly and routinely question your knowledge base and the conclusions you draw, rather than blindly accepting them. As David Dunning proposes, people can be their own devil’s advocates, by challenging themselves to probe how they might possibly be wrong. Individuals could also escape the trap by seeking others whose expertise can help cover their own blind spots, such as turning to a colleague or friend for advice or constructive criticism. Continuing to study a specific subject will also bring one’s capacity into a clearer focus. Practice these habits to ultimately escape the double curse: - Continuous learning. This will keep your mindset open to new possibilities, whilst increasing your knowledge over time. - Pay attention to who's talking about what. Is the accountant talking about bodybuilding? - Don't be overconfident. This is self explanatory. I hope you enjoyed this post today! Please give us a thumbs up 👌 _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Education
by CryptoCheck-
42
Is SHIB in the ACCUMULATION phase? Identifying the WHALES!Shiba Inu (SHIB) is one of the most popular project of 2021. After the accumulation phase, it rose by about 1000%! Now the token has dropped by 70% of its ATH and has been consolidating for about 2 months. Could this mean the beginning of a new growth phase? Accumulation phase is the purchase of cryptocurrency by BIG players to sell higher to the retail investor. There's not a lot of HYPE around this token right now. Retail traders who have lost 20-50% of their money are starting to sell out in a panic. At this time, the BIG players buy the available tokens from the market to sell higher to new traders who will come on the next HYPE. The same situation as it was in 2021! It is important to say that if Bitcoin starts its drop, then altcoins will drop too. Is this really the accumulation phase and we close to RENEW the ATH? We will only know after some time, but we already see the signs of accumulation phase on the chart. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
10
SHIBUSDT 30M Order Block and Daily 26EMA LongGood example of BINANCE:SHIBUSDT 30M Order Block and Daily 26EMA confluence Long. I consider a bullish order block to be a red swing low candle followed by a green candle that closes above the red candle open (green candle must close above to satisfy my definition of order block). The Daily 26EMA is also a strong dynamic support line if price is staying and closing above. Take profit areas are previous 4HR order blocks and breakers as well as the Daily 12EMA. Solid 37% move and 6.5 RR trade.
Education
by yinyangwutang
1
Money missed and how to catch it next time!There's a lesson to learn in keeping your chart clean and referring back to you notes! I predicted a relative strength index divergence on October 25th in a related published idea. Made a purchase at the first blue horizontal line, 0.00004207. I sold at the second blue horizontal line, 0.00004926, for roughly a 16% increase, only doing so assuming it was the top of the breakout. If I would have referred BACK to my previous published idea (linked below), I could have looked for a divergence, seen as the purple horizontal lines on the R.S.I. Noted though, it is difficult to see. Instead of selling the token, there was an opportunity to catch the easier to spot divergence . This would have allowed an additional 9% increase, if sold at the top green horizontal line, 0.00005388 Ways to have prevented/predicted this increase: referring back to some of Thomas Bulkowski's writings, specifically "Getting Start in Chart Patters" Second Edition, he mentions a 25% increase, and to look out for this as a possible "top" to an upward movement. At the time of writing this (11:33 P.M on 10/26/2021) Shib is attempting to break resistance at, 0.00005361. Shibainu might reach a peak of 0.00005555-0.00005600 at a later point. A 30% increase seems to be an "average" for larger moves in the crypto-market, with a target around 0.00005750 (possibly). Upside: Selling at the 0.00004926, for roughly a 16% increase is still a "smart" move, as selling at an increase is preventing any loss by a down-trend. This of course excludes larger uptrends, like the one seen here to 25%. Thomas Bulkowski also warns that 15% is a good selling point. Additional upside, it is clear (at the time of writing this) the SHIB is struggling to break/keep the resistance line, green horizontal line, 0.00005388. Plus, as Mr. Bulkowski puts it, you never go broke taking profits. *for additional trading information, visit: thepatternsite.com (Thomas Bulkowski's' free Site), or see my previous published ideas. related SHIB published idea linked below:
Education
by marcosdaunte
5
price action patterns you need to know ( part 6 ) hi my friends , i'll share with you some patterns which can help you in trading ( part 6 ) Ascending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go long again ( bull ) Descending Channel Pattern is a continuation pattern appear in the pullback and after the breakout of the Channel that will be a good signal to go short again . ( bear ) note : note : both of them ar continuation patterns . please support me with like and follow me for more ideas .
Education
by Diamond_Chart
price action patterns you need to know ( part 5 ) hi my friends , i'll share with you some patterns which can help you in trading ( part 5 ) the bull flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go long again the bear flag is a continuation pattern appear in the pullback and after the breakout of the flag that will be a good signal to go short again . note : note : both of them ar continuation patterns . please support me with like and follow me for more ideas .
Education
by Diamond_Chart
price action patterns you need to know ( part 4 ) hi my friends , i'll share with you some patterns which can help you in trading ( part 4 ) Falling Wedge appear in downtrend and it indicates that the sellers are losing momentum in the market, and the buyers are gaining momentum ( long ) you can go long after the break or the retest of the trendline . rising Wedge appear in uptrend and it indicates that the buyers are losing momentum in the market, and the sellers are gaining momentum ( short ) you can go short after the break or the retest of the trendline note : Usually we find there is a divergence in the RSI indicator and this can be used as confirmation . please support me with like and follow me for more ideas .
Education
by Diamond_Chart
2
price action patterns you need to know ( part 3 ) hi my friends , i'll share with you some patterns which can help you in trading and make it easy . we find double bottom in downtrend and this pattern mean that price will change to the opposite direction ( long ) and we can use the line as a confirmation . double top appear in uptrend as signal of price change ( short ) and we can use the line as a confirmation . note : both of them ar reversal patterns please support me with like and follow me for more ideas .
Education
by Diamond_Chart
price action patterns you need to know ( part 2 )hi my friends , i'll share with you some patterns which can help you in trading ( part 2 ) 1 - symmetrical triangle appears in both an uptrend and downtrend trend . How we use it : You can enter after the break either down ( short ) or up ( long ) with good volume candle . 1- head and shoulders happens in an uptrend and is a reversal pattern , you can set your order after the breakout of the neckline with a good volume candle finally the inverse head and shoulders appear in downtrend ( bullish pattern ) and you can set your order after the breakout of the neckline with a good volume candle . please support me with like and follow me for more ideas and tell me what do you think about that .
Education
by Diamond_Chart
2
HOW TO buy shitcoins?Hey guys, Many people asked me how they can get some altcoins they had in mind (AKA "shitcoins"), so I thought why not publish an idea? I'll make this short. There are three main ways to buy these coins: 1. Trust Wallet (PancakeSwap & UniSwap) 2. Enterprise websites 3. Any cryptocurrency exchange provider Trust Wallet First, you have to make a Trust Wallet. You can use crypto.com or any other platform you like, but make sure it supports BNB. Then buy some BNB and then transfer it to your Trust Wallet address. After your transfer is processed, open your BNB page on your Trust Wallet and then swap it to the Smart Chain (Because you will be using Smart Chain to make your purchases). Now that you have everything done, you should "connect" your Trust Wallet to either UniSwap or PancakeSwap if you're using an app, or go browse through your Trust Wallet to the PancakeSwap or UniSwap websites to get your desired coins. That's it. This method is used a lot because most "shitcoins" are not available to buy when they first come out. But you can readily get them on your Trust Wallets. Enterprise websites This method is hardly used because it's only relevant when you can't find your shitcoins on trust wallets. After all, they are exclusively launched only and only on their websites. So you only have to connect your Trust Wallet to their website or any other payment method they require. Any cryptocurrency exchange provider If your desired coin has been on the market for a while, there's a possibility that you can get it on any ordinary exchange website like you buy Bitcoin or any other coins. So there's not much to explain here as it's pretty obvious how you can make the purchase. Now let's talk... Have you used any of these methods? What are your experiences? Any tricks you got in mind so that we can strategize buying shitcoins based on it? Comment below!
Education
by ShawnMCR
1