📊 Popular Trading Terms CheatsheetThese are some of the most common terms you will hear around social media and often see them mentioned around trading related content. The best advice is to trade what you see in your chart, not the psychological noise of others
📌 FOMO
Fear of missing out is a common psychological event, especially when it comes to trading. You see prices go up and you feel guilty that you didnt enter on a trade and you missed that sweet 10-20% profit. The worst thing to do is be careless and enter a trade while the move has already happened. Trading is about patience and having a plan to execute. If you missed the move, you wait for the next one.
📌 FUD
Fear, uncertainty and doubt, usually spread by people that have zero idea of what they are doing. Very common observation around trading communities where they grab a headline and make it as if the world is going to end and everything is going to zero. Classic example is the whale alerts where they see big numbers of USDT moving from wallet to wallet, saying "dumb is coming sell everything". It never comes. Trade the charts not what clueless people have to say about it.
📌 HODL
Hold on for dear life, basically doubling down that you made a good trade and you should stick with it even if you know for a fact your entry was invalidated. If your plan is to day-trade and not "invest" into an asset, you should consider not hodling on losing trades. Depending how volatile that market you chose to trade is, you could hold into trades that can potentially wipe your whole account while copping with the fact that "it will get back to break even". Risk management is key, if you holding a losing trade which you invested more than 1-3% of your portfolio into it, you're already doing it wrong.
📌 MOONING
Price is actively increasing, the paradise of only up never down. A classic observation of moonboys and how they think price has only one direction. It doesn’t. This psychological state can be referred to as Euphoria and Greed. There is nothing going one direction so make sure you're a guard of your own mind and not let people like that influence what you actually see in the charts.
📌 WHALE
Wealthy investors who have enough shares of an asset to manipulate it. Basically people that bought early and cant wait for the next hype to dump their bags on new investors. Very common on the crypto world where people that bought before the hype happened, sell when the liquidity allows for it.
📌 ATH
All time high, basically the price of that asset has reached the highest it has ever been. It can have a powerful psychological impact on market participants because it makes them optimistic and over confident. If you're buying an asset that just made an ATH you add liquidity to the early investors of that asset.
📌 SHILL
Best observation of this are people promoting sh*tcoins around social media just so they can run their pump and dump schemes on their followers. When you see a "crypto" account run "airdrops" and "we will tell you the next x10000 pump coin in 10 mins" they aren't trading and you're already participating on their schemes by giving them engagements to promote what they are doing. Stay away from anything related to that, it doesn't exist.
BULLISH
The classic investors that always gonna double down that for example Bitcoin will go to 300k this year and long every dump of the market. It's never good to be doubling down on which direction the market will go then constantly long all day over a certain period of time if you're actively day trading.
📌 BEARISH
The opposite of bullish. They will tell you they will go long on Bitcoin once it gets back to 1k. Doubling down that the whole market will crash to that extend and shorting every pump. Trade the markets and what you see, having a bias such as this will likely get you rekt before you manage to see any major move to confirm your years long bearish take.
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Mooning
NIKE MOONIG ?Nike's gone pretty low since its all time high at 178.
I think that Nike is going to moon like it did after bouncing off the support line to go from 144 to 178 last time.
The RSI indicator also shows that the strength is really low, so its the perfect moment to buy.
"THIS IS NOT INVESTING ADVICE"
Possible Bitcoin bottom?Hey Trader,
please see my current idea on BTC, where my count suggests a possible reversal of the bearish trend. This is due to the fact, that our wave C has finally managed to tab our first target of the 0.618 extension which is correlated to wave a.
The 0.618 target is a common target in a flat correction. A flat correction is characterized by a new high of wave B, which is the case here. However, we might go a little deeper. I expect that we might see BTC heading somewhere between 40.000 and 30.000 dollars before trend reversal in order to finish our Flat correction - it can but its not a must.
I suggest to start buying dips from here, since we have high chances of BTC reversing soon. The best strategy for this would be the martingale strategy in order to get an average price if its keep dropping. Once its reversing you may end up with big profits.
Keep in mind, this is no financial advice, just my technical expertise.
RT
AMC to $ 7500 per share?Hey trader,
please see my current idea on the AMC stock, where my count suggests a short-squeeze to the $ 7500 per share area. This is due to the fact that our wave 3 has the similar length as our wave 1 and wave 4 hasn't manage to invalidate the bullish scenario so far.
A invalidation is given if we see a retrace furthermore than 50% and a touch of our wave 1.
I bought $ 500 of AMC stocks just in case this technical target may tab, even tho I doubt it. I'm a serious trader and a serious investor, but on this one I will leave this seriousness by side - I am with you guys! Let's hodl.
Please keep in mind: This is no financial advice, nor an advice to buy the AMC stock since it can induce a total loss of your money. Please risk only the money you can lose totally.
Best of luck to all!
RT
Year of litecoin: MOONTIMEName a better looking chart than this one.
Litecoin is squeezed between its bottom (.002875) and the 4 years downtrend.
Breaking this downtrend would likely mean visiting the Fibonacci levels which perfectly match r/s lines.
Oh, and theres a bullish divergence of 20 months in play.
SHIBarmy! The BULLS are marching from 7575 to 10000! We have chart conformation that the SHIB pump is alive and strong. Charts shows that SHIB is possibly more than a smoke and mirror. After all, SHIB was modelled after our Queen Ethereum while DOGe is from the King's side.
DOGe is the boy
SHIB is the girl
And if she's from the west, she's probably far LEFT and lesbian! LOL JUST KIDDING! I DON'T want to hear from friends and family about my clowning around when I'm focussed on a freaking lucrative parade! Let's have some FUN!
Bring your doggies DOGe, SHIB and some LOVE POTION with a small magical jar of SLP - Smooth Love Potion.
DOGe SpaceX Shiba Inu Test flight in the coming days?Our favourite rocket scientist, who is really an alien that looks amazingly human, has said a lot of SpaceX engineers own DOGe. It's was meant as a "hey, let's try it" and it worked. Musk is improving it. It's still a shitcoin and would naturally go to zero unless the dev community keeps it alive and makes the dog bark and do tricks.
SHIB came on board, shinny new puppy. We have no freaking idea who the owner is and if this thing is dynamite, like USDT as an REALLY UNstable coin? Vague burns, changing stories as to how has wallets etc. At least with DOGe, it's open and the community is real. SHIB? Yeah, lots of "Crypto News" pump stories.
BTC Projection/ForecastThe first BTC bull run dates back to 2012 and ran for approximately 1.5 years
BULL RUN #1: 45,000% return
The second BTC bull run dates back to 2015 and ran for approximately 2 years
BULL RUN #2: 9,000% return
The third BTC bull run dates back to 2019 and is currently still on the run and is expected to last approximately 2.5 years
BULL RUN #2: TBD - expected return = 4000% / approximately $190,000 per BTC
Expected short-term rough BTC price predictions: BTC will never go below $40,000 ever again
Dec 2021 = $71,000
Jan 2022 = $76,000
Feb 2022 = $65,000
March 2022 = $88,000
April 2022 = $110,000
BTC ANALYSIS:
As each bull run passes on, potential returns decrease
As BTC ages, the bullish & bearish cycles will be stretched out
By 2025 we could expect BTC to establish an average price of $150,000
CTSI/USD MOON!CTSI/USD
Fibonacci Bounce of .618 and then agian off .50....
Get ready for this! It's already gone straight up, but its gonna keep going!!!
I'm predicting $1.50!
Bullllliiisshhhhhh!! UPTREND BABY!!! I posted one earlier too.
Yall don't have a little of this coin.... safe to say you might wanna think about it?
enjoy....
Repost of HIT with short time frame.. Repost in shorter time frame for faster tracking no indicators have been adjusted so please forgive me. Just wanted to put up for faster tracking....
BTCUSD W PATTERN POTENTIAL BREAKOUT!! ARE YOU LONG OR SHORT?!Right Now we can see in the charts people that we have a potential breakout W pattern set-up. The W pattern usually having a bullish bias. If we do break towards the upside, as seen within my analysis that my price taget woud be around the $58200 level. of course taking chips off of the table prior to the target price. We have a lot of resistance a the 57k level so I hope to cross that level and stay above it today.
let me know your thoughts! :)
BTCUSD BULLISH? CEILING TO THE FLOORWith the pump on the news of Elon Musk confirming purchases of Tesla vehicles in the USA can now be purchased with Bitcoin, we have now just seen as I would say. A correction to the mean, but from here looking at the 30min timeframe im predicting that if we hold the previous high support which it looks like it has some strength, we should push back towards the upside, now we're looking for volume confirmation. Failing the breakout towards the upside we could see lows to retest the strong resistance point we have seen as recently as yesterday at a price of around $53,600.
For now I remain BULLISH
open trade at $54,650 on the breakout of the last W pattern we saw.
A setup for what could be the most severe meow meow style ever!Within the year, we've seen price action from $.04 to $.08 for a 100% profit. Now I believe this gorgeous stonk is setting up to do multiples. I'm YOLOing much of my portfolio on this stock in order to pay for the development and launch of the app for activism I invented so I really really hope this moons!
NOT investment advice.
Have fun!!!
Warning: this stock is EXPLOSIVE and possibly life changing!
XRP Launching Pad Operational ;)Here we are reporting from the control tower.
Fuel checked, all engines on standby and fully operational, all systems are functioning properly. Currently we are undergoing some final safety testing and will proceed with the launch shortly. Stay tuned. :)
I am not a financial advisor nor an astronaut so don't buy anything i say.
You're in luck! The market is pulling back but $ABCE will MOON! Looking juicy! 💦
ABCO Energy, Inc. is a commercial and residential installer of Photo Voltaic (PV) solar systems, LED lighting solutions and financing for all of these energy saving products. ABCO Energy, Inc. is a Nevada corporation, doing business as 'ABCO Solar' which maintains offices located in Tucson, Arizona. In 2020 ABCO added energy efficient HVAC business.
not trading advice