Coin
SHIBA INU BROKE CRITICAL RESISTANCE! #BULLISHSHIBA INU BROKE CRITICAL RESISTANCE! #BULLISH
This isn't over its just getting started!!! Previous high of .00004 4 times higher then current price @ .000009
SHIBA INU currently has a market cap of 4,500,000,000...
When SHIBA INU hits .01 it will have a market cap of 450,000,000,000 with a Big B
Which would put it at the #2 spot above Ethereum currently.
Forget the nay sayers, MASS ADOPTION IS REAL!
COINBASE, CRYPTOCOM, KUCOIN, WEBULL, ROBINHOOD...
Some of your favorite utility use coins, don't even have a spot on all 5 of these exchanges
.01 is Inevitable Thats x1000 times my current Investment, The Risk to Reward is Phenomenal here!!!
COIN Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
COINBASE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Win Big and Lose Small storyAugust 2021, was one of the best months for me.
While Major indexes (NASDAQ, S&P 500, Dow Jones, Russell 2000) gained between 1.5-4 %, I had 8 analyses with a 10-73% gain in one month, those which hit stop loss made 1- 4% loss..!
I also trade BABA option twice and close them with +180 and 100% profits..! and had 2 unsuccessfull trade with -30% loss
(use 3% of my capital for each trade)
I publish this review to talk about one of the most important habits(strategies) in trading.
Novice Trader Story:
Season 1: In the middle of a bullish market, FOMO: Fear of Missing Out
Episode 1: Before Trading Journey Started
Many people and friends share their experience of making profits trading cryptos and stocks on their social media, why should not I give it a try???
Episode 2: Trading Journey Started
Opening the trading account, installing the app, transferring the money, and the gate of a multi-trillion dollars world are open now!
Episode 3: Pushing the first buy button
Welcome to the journey of trading, a journey full of adrenaline for novice traders!
Episode 4: Making the first profit
It feels like I am the wolf of wall street!
Those who entered the market after March 20, 2020, think making money in the market is the easiest thing in the world.
From a statistical point of view, it is very unlikely to made loss between March 2020 and February 2021.
Episode 5: Market become less inefficient
In a trended market (inefficient market) most tickers are positive on most of the trading days..! so making money is more probable than loosing it even for novice traders!
Problems start when corrections start, novice traders start changing their positions to find the bullish tickers that gave them the same good feeling.
They do not know market behaves in cyclical patterns and they experience multiple corrections by chasing for the best bullish movees.
Episode 6: Fear of Loss
after a couple of bad experiences, they decide to cash out the profits as soon as they see any, no matter how little it is..!
Episode 7: Vicious Cycle
Novice traders now experience the killing phenomenon of losing big in the hope of making reversals and wining small in fear of losing their small profits.
Episode 8: blowing up the trading account
There is not much left to lose!
After the trading account becomes smaller and smaller, it is time to go all-in. Usually, it does not work..!
Episode 9: what should I do now
Novice trader is now addicted to trading and can not stop trading, so decides to recharge the account..!
Episode 10: start over
Novice Trader 1: Keep doing the same thing over and over again, the same result over and over again (majority)
Novice Trader 2: Start learning about the market (reading books, courses) and keep trading, better results but making lots of mistakes because of not having a fully defined strategy.
Novice Trader 3: Stop trading and back to normal life, an insightful decision for many people if they make it..!
Novice Trader 4: Stop trading, start learning, and promise themselves not to start trading unless they have a fully defined strategy with good backtesting results. (less than 5% of all people)
Nash Equilibrium:
What Is Nash Equilibrium?
Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there is no incentive to deviate from the initial strategy. More specifically, the Nash equilibrium is a concept of game theory where the optimal outcome of a game is one where no player has an incentive to deviate from their chosen strategy after considering an opponent's choice.
Overall, an individual can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. A game may have multiple Nash equilibria or none at all.(Investopedia)
What Is a Zero-Sum Game?
Zero-sum is a situation in game theory in which one person’s gain is equivalent to another’s loss, so the net change in wealth or benefit is zero. A zero-sum game may have as few as two players or as many as millions of participants. In financial markets, options and futures are examples of zero-sum games, excluding transaction costs. For every person who gains on a contract, there is a counter-party who loses.(Investopedia)
Conclusion :
Traders can make decisions and hurt themselves if they deviate from their main strategy based on Nash Equilibrium.
Most Important Question any trader should ask her/himself:
What is my strategy to make money in the market?
How I can make it better???
Refrence:
1- UPST:
2- AFRM;
3-ROOT:
4- PLTR:
5-AMC:
6- COIN:
7- GME:
8- BABA:
9- SPRT:
#LIT COMING SOON 50% - 100%Decentralized identity authentication and user activity data management Infrastructure. Build on Substrate, Ready for Polkadot. Litentry is helping support change that is in favor of a user-centric network with the blockchain. Litentry includes an identity-based network and related tools, features an identity matching and identity staking mechanism, as a whole it consists of decentralized identity and user activity data management infrastructure.
Polkadot a possible revisit to the 40$ resistanceHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Dot was able to find solid ground after the flash crash that happened last week, where most coins were finding it hard to stabilize dot was able to bounce right back up.
and the Dot Chart gave us a sign with an RSI divergence warning us about the drop.
Possible Scenarios for the market :
Scenario 1 :
The market is trending at 32.31 and it's nearing the first resistance level at 33.00, The buyers are showing a lot of strength so there should be no problem breaking out that level. The main battle will be at the second resistance line at 34.43 that's where we get our confirmation of the market is going back to the 40$ level.
IF the Bulls were able to win and keep control over the market then the price will reach 36.79 in the next few days and will be headed to the 40$ resistance.
Scenario 2 :
After the market reaches the second resistance line at 34.43 the Bears will try with all their might to take control over the market and drop the price down. By doing so the price will drop near the first support line at 29.20 where a possible bounce will happen that could drive the price back on track up.
Technical Indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign).
2) The RSI at 59.62 showing great strength in the market and giving us a buy signal.
3) The ADX is at 29.27 showing that the market is trending, With a positive crossover between DI+ (20.48) and DI- (18.69)
Support & Resistance points :
support Resistance
1) 29.206 1) 33.000
2) 26.847 2) 34.433
3) 25.413 3) 36.793
Fundamental point of view :
Polkadot (DOT) is a native token of Polkadot protocol — a solution aimed to bring interoperability into the world of blockchain, providing the way to connect public and private chains, oracles, and other developments in the crypto space into a united web. The development of Polkadot started in 2016, and the network itself launched in May 2020. Gavin Wood, a former CTO of Ethereum, is among its founders.
Blockchain infrastructure protocol SubQuery has raised $9 million in fresh funding aiming to enhance data aggregation for the Polkadot and Kusama ecosystems.
Funding will go toward accelerating SubQuery’s technical and community roadmap.
SubQuery is a decentralized data aggregation, indexing, and querying layer providing functionality between layer 1 blockchains and decentralized applications (dapps). The platform seeks to enhance user access to decentralized blockchain data by creating a marketplace for data indexing and provisioning.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
BTC.D : important levelhi all
,Bitcoin Dominance is now at the support of 40% area. There is also a downtrend line which is working as a resistance on daily time frame.
Now there are two possible cases:
The first case is Bitcoin dominance break 40% support level and go down. In this case we will see good rally in altcoins.
The second case is Bitcoin dominance bounce from 40% support and form a double bottom pattern. Dominance will then head towards 50% resistance area. In this case we will see sideways movement or downward movement in altcoins.
Use stop loss in all your altcoin position and keep an eye on dominance.
BTC/USD Decision Level, Up or Down? BTC/USD Decision Level - Will it go up (Repeat 2013)? Or Down?
Since BTC has broke resistance at $50k USD, the big question on everyone's mind is, will this bull run continue and repeat the double run of 2013? Or is this just a retrace before BTC goes lower? Here is my take of the chart action unfolding now ...
My take on why it might go lower:
- Smart money likes to take advantage of the holidays in the worlds largest economy, aka. Memorial Day in the USA. A common trick of Market Makers is to move the price one direction right before a holiday when markets will be closed for an extended period, only to whip the price the opposite direction on market open the following week. Reason for this is they want to trigger peoples stop-losses or buy/sell orders at common psychological numbers (aka $50k USD) and trap them in a bad trade causing the herd to panic and make irrational decisions come market open on Tuesday. Smart money can do this for a relative discount since volume drops off significantly right before (or in this case during) a Holiday, as traders go home early and are busy enjoying themselves and not watching their trades/accounts closely. If they do notice, they are locked into a bad trade because the market is closed. Now we all know Crypto never sleeps and can be traded 24/7, so things operate a little different here, but the same methods apply as less people will be active on their accounts during a Holiday weekend.
Smart money does this not just for the discount of breaking resistance at $50k, but also because they want to set themselves up nicely for Tuesday morning (Asia, London, New York Open). If smart money is looking to sell at this level they want to sell high, not sell low, so they move the prices higher before they dump their load on the market. They want to do this unloading during times of HIGH volume (aka when everyone wakes up Tuesday morning and sees their account and panics / rejoices) and not during times of low volume, like during the Holiday. If they sold during times of low volume, they would be selling into their own drop in price. It is also easier to do this once they have broken resistance, as its less likely for prices to break below $50k before smart money is done unloading their Coins. In other words, if they are dumping enough stock/currency/crypto to cause prices to go down, every-time they sold more, they would get less and less for it as prices would have declined because not enough people are buying their supply. This is not what smart money does. Smart money sells to weak holders at HIGHER and HIGHER prices, in anticipation of prices going lower after they are done. Smart money is always ahead of the herd.
As a (relative) small time operator, I always want to watch what smart money is doing, and trade with them, not against them.
Additionally, tomorrow September 7th is when El Salvador starts to allow their citizens to use Crypto from locally installed Crypto ATM's. Each citizen who signs up will get $30 USD in free BTC when they do. People across the internet on places like Reddit and other forums are encouraging users to follow El Salvador's lead and buy $30 in BTC on Tuesday morning. What would be a better time for smart money to be selling their BTC when MILLIONS of fresh users will be joining the blockchain releasing all that volume onto the market? Nothing like a "totally grassroots (TM)" internet bandwagon to offload your Crypto into. No one would ever manipulate the herd to do something against their own interests ...
Finally, the overall sentiment for BTC is HIGHER prices, so I would expect smart money to try and send the prices lower, absorbing the herds long positions in the process and triggering stop-losses, at least in the short term.
My Take on the market possible going higher:
With all that said, the overall trend of Cyrpto is HIGHER prices. So all things being equal, over a long enough timeline, prices will be HIGHER in the future if you look at the 10 year chart. With Bitcoin going mainstream and several countries adopting BTC as legal tender, the overall outlook on BTC is positive. If smart money was still looking to buy BTC during the Feb - May 2021 highs in anticipation of countries like El Salvador adopting BTC as legal tender, they would first have to drive prices lower so they could buy at a discount. When BTC was at $64k, everyone was long, so smart money and the market makers would have been buying at higher and higher prices against their own accumulation. They want to buy low and sell high, not buy high and hope for selling higher. Based off the charts, Smart Money considers $30k BTC to be "cheap," hence the buying at those levels.
I would not anticipate BTC to ever break support at $30k USD ever again barring disaster / market shocks (911, Delta, ect).
Additionally, Coinbase stock went live in April, and since the price of Bitcoin and Coinbase seem to be linked, Smart Money does not want to buy Coinbase stock at the IPO price. It would have been in their interest to drive the price of BTC down, and with it the price of COIN so they could accumulate stock. Don't put the "chart" before the horse so to speak. If you look at the COIN stock price, it also looks poised for a breakout after a long period of accumulation:
Its common for candles to triple or quadruple tap the support/resistance price before finally breaking through or being rejected and going lower, so a strong break of resistance here on high volume Tuesday morning would show that prices were really ready to move higher and leave $50k BTC behind (or in the case of COIN the $300 level). Important to note that COIN cannot be traded over the weekend days because it is a stock, and its price has not yet broken the resistance line. I would have expected smart money to have quickly broken resistance on COIN Friday afternoon to lock people out of longs, but since COIN seems to follow BTC, maybe they are waiting for BTC to make its move before they move COIN.
This was not the case in June however as COIN broke out first from $210 to $261 per share in anticipation of BTC moving higher in August. Then they both moved together for the August 3rd increase.
Conclusion:
- If the 2020/2021 bull run is over, and what we are seeing at $50k is just a typical harmonic retrace toward the high before lower prices, we will see the Tuesday morning open float to higher prices with low volume before being dumped at some point breaking $50k support. This will occur most likely after 1pm EST till close (wait till everyone gets their long orders in during the morning before moving the price down). If they are trying to absorb all that El Salvador and Reddit money, it may stay above the $50k support for a few days, maybe till the end of this upcoming week, or the start of the week after that with little volume action on higher time-frame charts. The entire country of El Salvador is not going to rush to the Crypto ATM's first thing Tuesday morning.
- If we are going to see higher prices and possibly break the ATH and beyond, then what I would expect to happen on Tuesday is a rocket ship of higher prices on medium to high volume, locking everyone out of the market who might think about going long. Watch the BTC price in the next few hours during the market open in Asia and London. I would expect to see the price move higher and higher during this time at a good pace on low or medium volume until Smart Money thinks it is go time. Go Time would likely happen after the first hour of New York open, then lots of wide-spread green bars on medium or high volume. If we do see BTC break support below $50k but only retrace slightly on low or medium volume, its possible this will be short lived fake break of support trying to catch the stop-losses of everyone who went long.
With all of that said, I'm leaning toward at least a short term rejection at $50k. I'm usually right on the market move long term, but my timing is often wrong. It's why I swing trade and stay away from day trading. If you haven't already made up your mind on which way its going, in my opinion, $50k is not the place to be doing it (you should have bought in 2019, or at the $30k support). So this is for educational purposes only and not meant as financial advice.