Shitcoin index Alert! Another drop is comingThis is not financial advice! D.Y.O.R. please. In my opinion, we're looking at a bull trap right now.
Shitcoiners
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!
CHR/USDT long Fundamentals:
The current sentiment in the market is heading toward a beautifully frothy altszn that will hopefully be the catalyst for erecting my nipples for the first time since my wife left me. Today we have seen the beginnings of the frenzy with the ETH killers making strong moves upwards, Solana making a new ATH among them, whilst ETH calms tf down and begins to go sideways at last. The current hype is in ETH killers and new blockchains so to make the best plays we have to find "hidden gems" in this sector that have not been blessed by the sticky green fingers of the omniscient chad god. CHR fits all our requirements for a great gem play as it is a new blockchain offering that is pumping out great updates and is flattening out after the classic Binance listing pump and dump.
This makes it a great choice as a underdog ETH competitor given they have some interesting ideas to separate themselves from the crowd (the blockchain explorer is neat for one) and it has just finished a Binance trading competition which almost always leaves poor tokens exhausted and beaten within a inch of their life from vicious bear attacks.
Overall, seems undervalued and good for a fresh apeing.
Technicals:
Since the Binance listing and the end of the trading completion we have found ourselves right at the bottom of a glorious dump. The PA is coiling together (shown by the blue trend lines) which almost always indicates a violent move. Given the highs are falling while the lows stay relatively flat, this creates the fabled 'Bull flag' which never ceases to cause my brow to sweat and my loins to ache.
We will enter at current price (0.32) given that alts look frothy with half of our position and compete our full entry at the 0.786 FIb (0.302). We're hoping for a test/smash of the downward trend into our TP at 0.469 and some consolidation into the ATH resistance. Our SL is below the most recent wick down at 0.25.
Good ape use low leverage, good ape profit.
Shitcoin #altcoin seasonShitcoin altcoin season is not starting. Target red zone.
Shitcoin altcoin sezonu başlamıyor. Hedef kırmızı alan.
ETHEREUM - Critical Price Regionswhile (2 LINES)
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real up channel in bitcoinBitcoin is in a bullish channel, much remains for the fatalistic predictions of those for stupidity, for acquiring fame or some kind of recognition. They mean constantly that we are going to go down, let's go guys don't be silly and ridiculous, you have to have perspective, attached the previous bitcoin bullish channel.
