Shitcoinanalisis
SHIB a risky trade (How much?)Hello there 🐕🐶
There is news that game developer William Volk(Net worth 1.6M) has partnered with SHIB.
Looks like they will be coming out with some type of Dapp game if things go well.
IAYOR.
Wait until we get above white rectangle and gain support for more secure entry.
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
$hitcoin Nov1 Daytrade $2 -> $3 in hours!Hello,
Today shitcoin of the day was a BIG $hitcoin. Thank you Nixon for creating this environment starting 1971, this temporary shit has create as massive carnival. First in the equities markets, then in crypto. On crypto, well, it's 24/7, nonstop, across hundreds of big exchanges and tens of thousands of nodes. Billions of people have access to trade crypto. They don't need to be banked and El Salvador has proved that even the unbanked, adopt crypto.
SAND coin was a good trade and it looks like it's not over.
Timing the AEetherium "Rugpull of Doom"It looks like ETHBTC wants to push a little bit higher before it releases the rugpull of doom.
Target: 0.50 Fibonacci retracement.
The marketcap is so large for this garbage that when this happens it will grant the government emergency authorization to obliterate all securities, but bitcoin will find a way to survive and we will witness the true Return of the King.
January 2022.
PUNDIX ALERT!? Accumulation Zone JUST before breakout!?OK, this might be a nice $HITCOIN coaster ride. I know nothing about this SHITCOIN so buyer beware. I'm not a financial advisor because I wasn't trained by CrookStreet officially. They trained me on the battlefield and I'm back to grab some of my coins from the Banksters! OMG when I'm mad, I'm passionate and that's not good LOL
Anyway, we can't fix the system so we might as well accumulate as many REAL VALUE coins and run away from any train wrecks WELL before they happen. HOW? With just charts! LOL TradingVIew is the #1 crypto cockpit in the World and they get better everyday. They are not CrookStreet and it shows... Ironically TV is the internet hub where mainstreet (with Apes and Dogs) overtakes Crookstreet.
Sorry for the ramble. This $HITCOIN? PUNDIX, well this is fitting do PunDix? or PoundDix? LOL WOW WOOF!!! LOL
This is a Grandpa Robotrader Pick - Accumulate slowly and quietly waiting for confirmation of ROCKET Launch. The ROBOTRADER strategy is to: 1. Watch upcoming setups of $HITCOIN parades and oh boy, there's a LOT of kids not paying attention in school all over the words because the "American Dream" isn't to migrate to the USA to make it big! It's to move to tax heavens to get rich tax free and drive lambos!!! LOL So if you are an entrepreneur, open a Lambo repair shop in Abu Dabi (SP) LOL!!! WOW Wild Times! LOL
Full Disclosure: We are accumulating based on the chart patterns and we plan to sell at, or near, the highs? When is that? Don't ask us, Just ask the Charts yourself! LOL WOOF I'm a dog here for entertainment and education. Money is like oxygen, you need enough and enough depends where you live. In Western Countries with strong rule of law, that's with high taxes. In $hitholes without taxes, ask yourself who makes the Laws and who enforces them....
On the big picture, measure "money" using a loaf of bread. In Western Countries, a goodo quality, non-insdustrial, loaf of bread might be $4 say. Keep asking Google how much this "$4" loaf of bread REALLY costs today? WIth google search and bookmark:
"4 USD as bitcoin sat"
Use USD as it's still officially the world currency but Forex traders are now moving to crypto and their "cash out" is migrating from the garbage *USD* coins to ETH and BTC as the cash out state. Why??? He is the Google November 1 2021 result for the value of $4USD in the lowest Bitcoin demonivation, the "sat" of Satoshi as the World Penny.
Result as of yesterday:
About 15,900,000 results (0.55 seconds)
Dynamics of the cost changes of 4 Dollars (USD) in Bitcoins (BTC)
Date Day of the week 4 USD to BTC
October 30, 2020 Friday 4 USD = 0.0003 BTC
October 30, 2021 (today) Saturday 4 USD = 0.0001 BTC
The cost of 4 Dollars (USD) in Bitcoins for a year (365 days) decreased by -0.0002 BTC (zero bitcoin twenty thousand bits).
Result as of Today November 1st 2021 (reporting based on close yesterday, Oct 31st 2021 -spooky! LOL
About 17,000,000 results (0.53 seconds)
Dynamics of the cost changes of 4 Dollars (USD) in Bitcoins (BTC)
Date Day of the week 4 USD to BTC
October 31, 2020 Saturday 4 USD = 0.0003 BTC
October 31, 2021 (today) Sunday 4 USD = 0.0001 BTC
The cost of 4 Dollars (USD) in Bitcoins for a year (365 days) decreased by -0.0002 BTC (zero bitcoin twenty thousand bits).
......
Good! Daily inflation isn't too bad yet. But wait! If instead of buying a loaf of bread last year, you put that $4 of legacy money, into $4 of Bitcoin (modern money) last year, today you would have 3x the Bitcoin?? You cash it out and by 3 loaves of bread! WOW! But WAIT, it't JUST the beginning. Now with inflation and even hyperinflation confirmed (duhh), do you think that $4 bread today will be $4 in a year?? So, don't cash out your 0.0003 BTC, keep it in Bitcoin until it "correct after then upcoming shooting star" because that loaf will be $8 next year (assuming it's even available at that price)! So your 0.0003 BTC will be able to buy how many loaves of bread in Nov 2022???
Answer: We know the direction with near 100% certainty, higher prices for bread and bitcoin, what we don't know is the extreme and if you want a preview, analyze the "dark horse" SHIBster! $SHIBUSD or $SHIBBTC (better yet).
For PoundDIcks, it's part of the DOGs' war chest as we march, all four paws on the ground, to CrookStreet to PoundDicks!!!! LOL
LMAO! I'd PAY to be part of this World Canival and 50th "Temporary" Anniversary 1971-2021 from "NixonAliation". PoundDicks is a PennyWise Clown balloon for WallStreet. So is the little $SHIBusd SHIBSters. Just careful you know who "owns" that little woofer!
Let's go PoundDIcks on CrookStreet! WOW WOOF!!!! LOL
SHIB Daily Chart OBV above 600T - "sub-prime crypto penny" LOLHouston, wew've got a problem with this rocket. The Daily charts are breaking dials, the programmers at TradingView are arguing what's after Trillion, Gazzilion, or what? LOL We could actually reach our totally whacked target of 0.00009x to just kiss 0.001 before a pullback.
Now, this is not financial advice, we are all part of a massive train wreck that's happening is very slow motion, unless you look at this Internet Currency "sub-prime crypto penny".
I have to be neutral here because yes, it's nice to follow the parade and chants in the streets feeling rich, one absolutely need to find side streets in case the mass decides to evacuate this parade in a hurry. Don't sell out since if there's a magician that shows up to this carnival with a rocket burn, we could see a "zero" drop off which is a 10x. So $1K here, could be $10Kk but it might drop to $200 first or $50, so if you get on this coaster, bring more than one puke bag! LOL
Whatever you do, keep taking profits and keep a seat on this ride. Let's have some fun. Go SHIB 9000 today! You can do it puppy!!!!! YEAHHHHHH!!!!
PS "Neutral" in taking profits just based on euphoria and short term consolidation and overall market risks.
I would not want to be the RobinHood CEO. He has a fork in the road and neither option is really safe for him! LMAO!
YOOSHI is going to pump (%500)Hi Guys
Deciding next to the signals of the valid currencies that I give, I will introduce some Shitcoin that may be profitable like SHIB, buy a small amount of the Shitcoin that I introduce and put them aside, until the currency grows, you will get this profit. Do not miss.
Be sure to follow us so you don't miss these signals.
And support us by like👍
SLP - Start of the RUN on this SHITCOIN!???WOW! WOW! Said Shiba Inu the trading dog with Just Charts!
If we sustain this rally, this shitcoin will fly. As with any shitcoin, beware of the pump and dump. Focus on the charts and truth. Right now, there's a flood of buyers on SLP - Smoothing Love Portion for Shibarian Warriors attaching Wall Street with open, 24/7, worldwide trading of good, bad and ugly crypto.
How can LOVE be anything else than good! Join the ROBOTRADING team, where we look at the charts and call them out the way they should be. Bullish, we're on the pump. Bearish, we're out of here in a FLASH! I will update this idea and confirmation as we proceed with this yummy loving bull run. I feel high with love already! Hug for all the LOVING DOGs!
Go LONG with Smoothing Love Potion but please, learn the charts and trust yourself.
WOW
Wild $T1mes All Right!
SHIBArmy! Maintain 4200 line, $4200 here is $10M SHIB=pennyVery bullish. Any technical analysts pro with charts on equities are going What is Going On!
Well, Welcome to SHIB! The Chart showing M2 debasement world wide. Trade those pennies and pesos to SHIBs regardless who's monopoly's money you are using. There is only one sovereign Internet Currency and that's Bitcoin. That's for the rich people.
The mass will be converting their pesos, liras, pounds and pennies to this cute little runner.
Raise your hand if you plan to give SHIBs for xmas presents? Are you buying them at 4200? or 8400? or 12000? Because that's still 0.00012000 and with a long BURN to SHIB = World Penny! Or maybe it's a sat? Or maybe it's a race?
Going neutral here because this is WAY OVERBOUGHT and in need of a pullback?
75% LONG
25% cash-is-trash, FIAT devaluating junk at -10% per year, hoping to re-enter sub 4200. Maybe will divert to King BTC or Queen ETC. Little fool SHIB is all over the board! Me thinks SHIB is a knight with black and white stripes in this massive Game of Coins!
Enjoy the rocket ride up people. Let the world army of individuals vote with their pennies! For the rich folks, it only takes $42K to be SHIB Billionaire...
Put the trade as netural as there is possible retrace here but we could shoot up to a penny after a burn announcement, relating to NFT renames, and Robinhood Listing (Finally!) Bear immediate term depending on the overall markets but don't be sidelines on this one. Hold a 25% core until the end of the Bitcoin Cycle run expected early 2022.
2026: the SEC case will be settled (💩post)Come to think about it, this shitcoin didn't manage to reach its previous ATH. This led me to believe that TA can help us see into the future, just like Asimov's Psychohistory, we can mathematically infer future events based on current data.
As such, I believe that XRP is inside a huge, unbreakable, bearish trend. This trend will continue for years, until the bars will ping-pong through infinity between the ever-closer fixed trend lines I show right here.
Now, as we saw with Musk's tweets, some types of TA are able to predict real world events that change the fundamentals. And regarding XRP, the fundamental FUD is surely the SEC case. Given the importance and stability of the TA lines I drew, and the SEC case being the only thing important for XRP, I have reasons to believe those two are strongly correlated.
About the 2 minimum levels: I personally prefer the green line as a base price, due to the fact that it also fits well with the Fib time zones. Others, more optimistic, will say that the base price would be the yellow line, so I also offer June 16th 2025 as an option for SEC settlement. But my bets would be on the 2026 date.
This is a shitpost and should be treated as such. Be sure to YOLO all you money into this trade and tell the jury my name when you sue me.
Smart money levels : Who let the Doge out whoop whoop?!LIghts on the preferred retail-trader shitcoin of the moment and his real value, DOGE.
The Shiba coin has reached in a few days approximately 5% of the market cap value of btc and is likely to oscillate between this 5% and 1% for a long time even if from my point of view it will rather return to 1% and less in the long run. On this last point it is only a subjective point of view.
So to avoid any subjective bias, we have the technical analysis and especially this magnificent tool that are the fibonacci retracements.
If we completely forget the fact that this is the DOGE we are talking about now : between the end of the study 0 and 0.38 we have what we can call the DUMBZONE (where the unhappy little man is ;) ). This is where unfortunately many retail traders will have bought the shiba coin. If you are working as an institutional or bank trader and have bought at this level, you are done, dead, FIRED!
The 0.618 to 0.786 zone are the levels that smart money is looking at, although remember we are talking about the Doge and I just wanted to make the connection between fibonacci levels and smart money and I doubt very much that smart money is interested in this shitcoin doomed to oblivion and a slow and painful death due to lack of updates and technical support.
Maybe I would do some more in-depth tutorials on fibonacci levels (technical analysis, history, philosophy), it's a very interesting topic to discuss, let me know in comments if interested?
Trade Safe
MORPHEUS
PundiX for GamblersSo this is one of the biggest Shitcoin in cryptospace !Pump and Dump. Project with 100++ Billions of coins!
so i bought like 150 bucks of NPXS around 0.00015$ , it's like 1 000 000 of NPXS lol.
Today it started to pump lmao.
So what i advice if u are bit like me and like to bet in dangerous zones :D
Buy now 50$ of NPSX and just HODL it. when bullrun will start this shitcoin could follow and rush more.
if you buy now 50$, and it goes to target u will win like 2300%++, so u will transform 50$ in 1200$.
if you buy more you will get more.
if this coin die you will lose 50$ only, like to lose a dinner in restaurant for 2 peoples! so it worth the risk!
i am not your personal advisor so i suggest and you decide!!! be wise!
Happy Tr4Ding !!!
OXT ORCHID PROTOCOL LOOKING FOR A LONG ENTRY IN THIS AREA.Hello Traders,
Welcome to my OXT Orchid Protocol chart and trade idea.
Firstly I want to say that I like technology but am not a "hard core" techy that can code or has any experience in encryption etc etc so from a technical perspective
I know what OXT claims it can do but I dont know if this tech is actually any good or not.
If you ARE a techy please leave a comment to say why you think this tech is good or bad and we can have a discussion in the comments.
I am looking at this chart purely from a technical perspective starting with Elliot Wave Theory, so here goes.
This chart does not have much price history but price bottomed on 12/03/20 at $0.09666 which we will "assume" is the bottom.
Since the bottom price looks to have made a PRIMARY wave 1 and wave 2 as drawn on the chart. I have also drawn the MINOR Elliot Waves inside the first PRIMARY wave 1. This would suggest price is currently inside a PRIMARY wave 3. Wave 3 is normally the most bullish wave.
Wave 3 should contain 5 MINOR impulse waves. Using basic Elliot Wave theory this makes me think price is currently completing MINOR wave 4 and is about to start its MINOR wave 5 inside of the PRIMARY wave 3.
I have marked the top of MINOR wave 1 in purple (EW FAIL PAST HERE). Price falling below this level with a few wicks is OK, but price falling below and hanging around under this level would look bearish and break the bullish market structure. Pay attention to this level.
Putting EW theory to the side for the moment we can see the price has dropped around 75% in 55 days. Buy low sell high a 75% dip is enticing. PRIMARY wave 2 did a 40% retrace in 56 days, around the same time period of correction as this wave. This market is not perfectly symmetrical
but basic logic would hint at a possible change in direction here.
The daily 200 MA (in RED) is an important technical level. Traders will want to see the 200 MA respected as support for price. Price at this level does represent "value" as the price has not strayed too far from the mean.
The daily RSI is also possibly about to print some bullish divergence. Price needs to hold this level for a few days and the bull div will be printed. The 4hr hour is showing some bullish divergence.
So, the trade...
1. What do I want to see here that will confirm my long position intention?
2. What will look bad here invalidating my trade idea?
1. "IF" price comes down a bit more to the daily 200 MA (it does not have to, its not the law) I will want to see the Daily 200 MA act as an area of support. A few wicks below is OK, but I want to see the daily 200 MA act as support and I want to see price bouncing off that daily 200 MA.
If price does hold that level and prints bullish divergence on the daily and 4hr this looks good and helps confirm the long trade. This says to me bulls defended a key area. So again, price holding this key level with bullish divergence is a yes, this will take a few days to happen, no rush.
2. "IF" price falls to the daily 200 MA and falls below and closes under the daily 200 MA this will not look so good. If the price then goes down even further and starts messing around under the purple EW fail line then price will be breaking the bullish market structure and it would suggest bulls have failed to defend a key area.
The problem with this approach is markets are assholes. It actually wouldn't surprise me if the price did break the 200 MA and flirt with the EW fail line, just to look super bearish and dead. That is still a 10.5% drop from the current price though and would erase the bullish divergence that is forming on the daily RSI.
I want to be patient and watch what happens to the price over the next few days. Its not about catching the exact bottom or entering a trade right now (with hope) and putting your stop just under the EW fail line. I would like to monitor this area for signs of momentum change and if confirmed flow with the direction.
Targets, if this long idea works.
This is such a deep retrace for a wave 4 that it makes wave 5 look almost silly and elongated. Maybe we are in an ABC correction (conspiracy shocker).
$1.14 is an obvious area which is just under that resistance trend line and fib cluster which would be my first TP. The green box is a broad bullish target area.
I have put 2 fib sets on this chart. Without much historical price data to go off I don't have as much confidence as I normally would in this particular fib method. A fib extension target is on the chart also.
Rate my chart, leave a comment. If your rich donate.
Remember, DYOR, compare and ask questions. Risk management.
SHITCOIN INDEX SHOWS THE END OF THE TREND FOR LOW RANKING COINSHello, this chart signal the potential end or pause of the shitcoin index rally (formed by top 80 coins as showed in the chart). Astonishing they are at pre Covid levels. This can mean tow things. Either the altseason has ended (less likely as per related idea), or, squeezed all possible gains out of Shitcoins, the investor attention will be shifted gradually to MID and in turn to ALT index coins. Exactly as happens on traditional markets, investors start from higher yield assets, and once squeezed their yields, they move to other safer and less profitable assets. Stocks-> Corporate Bonds-> Govt Bonds and at the end GOLD and other no interest-bearing asset. Only at that time, when no other asset is left to squeeze, we have to worry for a big and hard retracement. This is true also for crypto: indeed
Mid - top 30 (44% up potential)
Alt -top 10 (55% up potential)
In particular, this is the Alt index compared to BTC.
Interesting no?
This is why my attention now is on top 10-30 alts, as more secure and with higher potential returns.
(there are isolated cases ofc of hidden gems also in the top 100)
TRADING PSYCHOLOGY: xrp holders and the denial"the trendline xrp holders refuse to see"
Here is a little psychology lesson:
Denialism is a person's choice to deny reality as a way to avoid a psychologically uncomfortable truth. Denialism is an essentially IRRATIONAL action that withholds the validation of a historical experience or event, when a person refuses to accept an empirically verifiable reality. The motivations and causes of denialism include religion, self-interest (economic, political, or financial), and defence mechanisms meant to protect the psyche of the denialist against mentally disturbing facts and ideas.
Denialism starts when a trader abandons his rules (or worse yet has none), and trades whatever feels or looks right whenever it feels or looks right. Once the trade is entered, denialism begins to spread like a cancer looking for its next body part to attack. The disease grows in stages, with each successive stage sucking more life out of its victim.
STAGE ONE DENIAL (UNSTRUCTURED ABANDON): Rules are worthless in a random environment such as the crypto market; therefore, we do not need to make any rules. Rules make sense, the market does not, so why make rules? Rules are for boneheads, children, students, mathematicians, and sports pros but not for self-employed traders, we reason. But the market’s randomness and our freedom together can make for a disastrous combination. If there is any place that needs structure it is in our approach to an unstructured market. If there is any place where we can practice true freedom it is in the market…where we have the freedom to choose the rules we will follow. Structured freedom keeps unstructured abandon from rearing its ugly head and can help keep the trader from advancing to stage 2.
STAGE TWO DENIAL (PLANNED IGNORANCE): Traders are hard pressed to plead ignorance but when given the option are likely to make plans to do so. The trade is not working because we forgot about support or resistance, a shorter or longer time frame, or Elliot wave, or the bollinger bands, or the retracement level, or earnings, or this or that, BLAH, BLAH, BLAH. We need to study more patterns and strategies and indicators; we need to sign up for more newsletters; we need to read more stock trading books, we need more monitors, etc. not realizing that the more we search the more ignorant we become. The market has no rules of its own so we impose cute little rules of our own asking the market not to break them. The rules are not for the market but for ourselves. They are designed to protect us against ourselves, not against the market. The market just is; we are. Since we began with no structure (STAGE ONE) we now plead ignorance when the market does not conform to our way of thinking. We convince ourselves that we did not take all the factors into consideration. How could we? We were ignorant! We deny the fact that there is more to the market than patterns; we deny that there are other traders taking opposite positions; we deny the random nature of markets; we deny our inability to ever know everything there is to know about market behavior. Unless we are able to read the collective minds of every one who is trading a particular market during a particular time frame we will never know everything there is to know about the market. We either accept this fact, plan for it, and manage it (planned awareness) or we deny it and micro-manage it. Micro management in stock trading is simply another word for over analyzing and over analyzing will lead to frustration and stage 3.
STAGE THREE DENIAL (FRUSTRATED BLINDNESS): Have you ever been so frustrated about something that you were blind to your surroundings? You know, like losing your cool in a crowded room unaware that all eyes are on you as you make a fool of yourself? Or, your frustration at not being able to find your car keys is directed toward everyone in the house, including the dog, until you realize the keys were in your pocket the whole time? Frustration is a result of unrealized expectations while missing out on what might have been. We expect someone to understand what we are saying until they don’t. We expect to find our car keys where we last left them until we don’t. We are blind to the obvious when we deny the obvious. Traders expect each trade to work when it is expected to work, thus fooling or bullshitting themselves. When it does not we can become frustrated and deny the fact that the trade is not working, while missing other higher probability opportunities, thus leading to greater frustration. Once a trader gets to this stage where missing opportunities is a result of unrealized expectations from a previous trade, frustrated blindness results. Let’s think about this for a minute. If a trader denies the obvious (that a trade is not working) and denies himself the opportunity to make money on another trade (because he is blind to it), not only is he losing money on a loser but he is missing obvious opportunities that could become big winners. If this continues for too long, this trader will either learn to manage his expectations or his frustrated blindness will lead to ultimate destruction. And a once promising trader succumbs to a trader’s death.
Denialism is a disease best treated, better yet prevented, with structured freedom, planned awareness, and managed expectations. If not, you may be asking, “Is there a doctor in the house?”