DegenDegen looks like good,
After Kocoin Exchange listed, it show up it has great potential to surge and community is promoting.
Degen
DEGEN NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that DEGEN has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
Following the trend in the coming time to see if its able to show new trend break.
For those beleiveing in the SUI coin If you believe in SUI coin I have a more degen play that could potentially give a better reward if SUI coin pumps.
We have a cup & handle forming on the weekly timeframe. I expect a little retracement before hugging the all-time time (disregarding the pump & dump at lunch) with a reacting to this zone and then breaking to the upside during the bull run.
If the bull is bigger than the previous one this could be a good gainer
Helium HNT Formed cup & HandleHelium HNT Formed a cup & Handle pattern on the weekly timeframe. I expect a bullish move past the all time high after the pump & dump
Play with caution
ETHUSDT.PHELP me , I`m a degen
Shorted this out of nowhere. Don`t try this
If you do try this , how much do you risk?
It`s going to zero tonight
Live to trade another day
PEPE Long tradePEPE has formed a symmetrical triangle ,trade is straight forward here a break and close of a daily above it will signal a long, technical target of this triangle would be near the 1.618.
Bybit have leverage contracts on PEPE if you want to go full degen mode
contract has 100/100 score
scalp $lit, maybestart of the week
btc bouncing
$lit structure appealing for longs after pullback
i mean, sr closes in confluence
worth a punt
for my degen ass
..on paper first, at least until monday concludes
building confidence first while majors at resistance and february indecisive.
How to double your small ($250) trading account trading Bitcoin How to Double your Small ($250) Trading Account Trading Bitcoin
I started a degen account with $250 and almost doubled it in 4 days making about 6 trades. This strategy is not Financial advice and I'm only illustrating what I have learnt trading this way. This is the first video in the series and I'll be continuing the series , updating you on progress, winners, losses, my trading journal and some live trading, so make sure to Sub, like comment and share.
I show you how I entered my current trade, where I am looking to take profits and show you my pnl on Bybit.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
XCNUSD - Buying DEGEN Coins Price is evidently in a decline but can it go up?
History repeats itself and it shows even on this chart that it can
Degen coins like this like to do their thing until they reach a point and then they explode amazingly
Lets see if there is any explosive potential out of this current down move
Another example of a great Degen coin is Populous, I have linked relevant chart and ticker below
BTC NEXT BIG MOVE !!$Btc long around 19,580 confirmation around 19,600
The bulls trying so hard to flip the R zone so I help them
the daily candle is bullish so I trade bullish
btc bottom in @ 40500-40700 - going to - 78-78.6kbounce off trend line
see you at centerlink
#btcpleb #borndegen
degenerate mana longsRocket Emoji
tv requires that i tell my audience more details about the trade on hand. as you can clearly see the rover is ready to detach from the main shaft, the falcoooon 69 and all rockets are litty. this crypto is too low imo
$300K BITCOIN INCOMING? ***DISCLAIMER***
IM NOT 100% SAYING THAT BITCOIN WILL HIT $300K ANYTIME SOON... THIS IS JUST FOR FUN.
The BTCUSD LOG chart shows the channel we're in and where we're currently sat. Yes, the picture looks bleak right now. Yes, the big players have bent the majority of us retail traders/investors sideways. And yes, I need some Adderall and sleep.
But, we **couldddddd** have an even bigger move yet to come. This chart locks the price target at $280K for OCT/NOV 2021. Realistically, don't listen to me. I'm giving you all some hopium.
But no, honestly, the road ahead is going to be impossibly hard to fight on. We have to accept that a longer bear market is inbound. Likely near-term (relative) price targets to the downside are still $25K with the lowest likely price at $12K for the bear market bottom. If we are to fight along slowly out of this to the upside then $42K, $45K, $48K and $50K are all targets to overcome. Praying Michael Saylor comes out like the second coming of Jesus (PBUH) to take me out from under :(
Melvin Capital: the adventures of an infinite size short sellerYet another degenerate bites the dust.
In the markets, there is a once every 100 years 5 sigma event every few months.
Some of you may remember the James Cordier of optionsellers dot com emotional apology video, after he got wiped out by a short squeeze on Natural Gas in 2018.
I looked into it back then and this guy was an out of the money naked option seller using extreme leverage.
These people, that get wiped out, every time they are psychopaths. This time we are looking at stocks, and the guy running Melvin Capital was a madman.
This guy single-handedly shorted between 50 and 100% of Gamestop all available shares. The ADV is ~3.5MM shares which is around 5% roughly.
I do not trade stocks (I do Forex CFDS & CME commodity futures) but I know enough to know shorting all by yourself more shares in percentage than the second highest shorted stock entire short interest, that's asking for trouble. I do not know what limits one should set, as a famous stock expert would say "it depends on your personal risk tolerance", but the adv would be a good place to start maybe? 5% of float seems big but reasonable?
When he shorted CD projekt he only used 0.6% of the outstanding shares according to this article.
Funny thing: they say he did not make as much as he should have because the rate was not favorable. They know this or they are guessing?
The reckless CEO of Melvin did not bother to open an FX position to hedge? He likes to live dangerously, or maybe he was making an FX bet.
www.world-today-news.com
On this page they claim to have a list of stocks Melvin is short of: whalewisdom.com
Reddit found a troll in a very dangerous position, and so they went whale hunting.
But I think it's other institutions that took down the whale actually, and the heroic "little guy" just joined late (as usual) and is now left holding the bag.
Melvin loss was entirely the responsibility of the head manager, risk managers and whoever came up with the idea of shorting more than 50% of shares.
It's always the same story. Before getting wiped out James Cordier published (on another site) a trading idea called "option selling opportunities so good they're scary" and was persuaded he could not lose.
I bet the same happened here. Gabe Plotkin had big success (50% returns, one of the best funds), got lucky and made easy money, got excited (this is the "don't get emotional" part), went in big, and then got punished.
I doubt Gabe Plotkin and James Cordier are excited today.
$AMC - WSB's Next Short Squeeze Target 🎯 $AMC seems to be next on the WSB hit-list of small cap short-sqeueze targets.
Short float is over 35%.
If this squeeze can get going - my upside targets are as follows:
TG1: 4.19
TG1: 4.73
TG1: 5.16
TG1: 5.45
TG1: 6.04
Invalidation under: 2.75
Leave some feedback below if you have any! And don't forget to like and follow if you'd like more 👍
Short the bounce and hedge the dipLooking to get a better short entry while also having a long entry set up in case I am wrong.
