Adios RIVNThe implosion of crypto markets impacts all other non-sensical trading and investment ideas. Not to say that some business models are faulty, but many are, shall we say, trading at rather inflated levels.
RIVN is a case in point. It found a lifeline in early October when 30.72 (RED) provided a nice bounce, but after today, we see that it is now a distant memory. Both 30.72 (RED) and 29.45 (ORANGE) were breached. Don't be a knife catcher.....that's not how you succeed in this business.
Hype
Tama tamadoge H&S and why we cashed outHello everyone,
We decided to cash out yesterday at 0.018 because of the hype and the mcap.
📍Yes I made a lot of profits on this cryptocurrency. And thank-you Tama team for setting up something nice with a good idea (no inflation, but instead deflationary aspect)
Probably good working game too..
But one thing we shouldn't forget: it's simple. Simple game. Simple nfts. It's fun. But top 100-200 cryptocoins fun. Not top 40.
Mcap at that moment was 175 Million. For this project to reach 1 Billion, it will "only" go x6 more. So +- 1 dollar where everyone is aiming for.
Maybe this project indeed goes top 40. Look at doge, shib.. these hype coins in the same category without much utility went far too. But the past is never a given for the future. Let's not forget that.
Anyway, since this idea the coin went down by 25%.. If I would reinvest, I'd wait for this H&S to develop first & see if it indeed reaches 0.08. That would be an ideal re-entry imo (for only 30% of the funds, so 0 risk).
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐
I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO.
Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours.
RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Cheers!
Lets pump it back babyawesome project.
Copperlaunch was good. Game launch was buggy, but right now most of all bugs solved and we can play.
Gather and craft and wait for the big wave. This P2E game will rock this year.
May was terrible especially for projects like this, but correction will come in june and we bounce back to the 2,2-2,6 levels.
Tomo Range and maybe new bullish Trend startedTomo-USDT touched the dynamic Trend line and also static support zone.
in RSI Tomo broke bearish Trend and started new movement.
distance between the Price and MA 200 is too much & 4 days close price are above EMA 20.
So i think its time to buy for midterm and also long term investment.
in Midterm it seems to be easy to reach zone 2.5 $.
#DYOR
also don't forget to watch my analyze of TOMO-BTC chart!
maybe it will be a super X Trend. something like Solana or SHIB
good luck
feel free to share your comments and opinions. BINANCE:TOMOUSDT KUCOIN:TOMOUSDT FTX:TOMOUSD
IOIUSDTHi all,
I´ve got the request to check IOI/USDT because now is hype about this coin.
The Slovak company looks really good and wanna be succesfull - the about 50 people doing really well job. Their comunity increasing a also their twitter updates are good. On the coinmarketcap ranking is around 3000. But you don´t be afraid - it´s not a scam. Metaverse/ NFT/ Gaming - this sector will be growth rapidly I think.
In the daily chart the downtrend was stopped and the flag resistance was broke the resistance and trying to stay safe. We can go thru next stronger yellow trendlines (resistances) or we can retest support in the yellow rectangle and if we fail - retest in the green support.
So - if you wanna try your lucky and go for market - use SL under yellow trigger. SL is must have with no discussion.
Because it´s realatively new coin, with hype - we can go higher. But I will not buy earlier than we will be definitely thru the yellow rectangle or in the yellow elipse.
SL 1 (if you are in) - 25% (1.81 usd)
SL 2 (if you wanna buy on the bottom of yellow rectangle) - 29% (1.348 usd)
TP 1 - 15% (or 40%)
TP 2 - 42% (or 80%)
TP 3 - 83% (or 130%)
TP 4 - 122% (or180%)
TP 5 - 182% (or 255%)
It´s up to you guys. RRR is huge, so good oportunity. We will see after few weeks where IOI will be...
LBL_CZ
The Truth About "DOGE!"Doge made a lot of people millionaires due to Hype from the bullmarket of 2020. Another reason was Elon Musk tweeting out about Doge. Many people have asked me, what I thought about Doge when it hit 60+ cents. I told them specifically that this Crypro has no use case and should take profit as quick as possible.
The problem with Doge
- Big Investors will invest just to make money but will not commit 100%. Many big investors took the money and ran, leaving many people Holding "BAGS"
- It is a MEME coin, it already has a bad name to it.
- It is inflationary, It has unlimited supply. The inflation rate is 5 billion Doge per year or around 4.1% inflation rate which is Higher than the US dollar.
Take advantage
- Personally, if another rally will occur, I will invest in Doge for short term gains. It is mostly short term which is invest, wait for the pump, and take profit.
This is my Personal View base on Experience with Crypto for about 4+ years.
Thank you!
BTC reversal - The other pathIn the recent post "BTC reversal", I have showed you how a normal market behave in this type of situation, that is when reversal structure appears accompanied by more patterns founded in Chartism.
Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which is common to see over extended movements.
That's why, now, I'm sharing with you how I will trade the possibility of an over extension.
Any of both cases end up with a strong correction to the 40k-46k level.
Best of luck for every one of you !!
Thanks for your support.
Let me know what do you think.
Give me a thumb up if you feel it.
Peace and Joy
Crypto Solar
$SHIB's Game of Chicken -- Possible Market Downturn Soon?$SHIB has that pattern where the price jumps in short spurts then sinks -- this is usually indicative of a project that's running on marketing hype rather than product. It then becomes a game of chicken between who sells first. It's going to get nasty, imo.
After it's initial pump in October, it stabilized for a few weeks, which one could argue is the *real* price point of $SHIB. But even then, everyone I knew who got into it had no plans of holding it long term, so it seemed tenuous to me, even back then.
It's kind of crazy because you see ads and bots for $SHIB all over the place now but it's "burst"-ness gets less effective every time. It's reached its peak, obviously. But if it dips below Oct levels we might see panic set into #crypto as whole. Hype cycles tend to do that.
HODLers have nothing to fear since this can be an opportunity for them to capitalize on lower costs of coins that have more serious aspirations. But when Buffet says you'll see who doesn't have pants on when the tide goes out, this is what he means.
BEL / BTC (Binance) SWING trade 600% potential
☝🏻 BEL is a token that has always made us happy and has met TP levels on several setups. In addition to our open middle-term trade, I really like this long-term opportunity that the chart offers. It is more than 1200% apart from its highest real high on a BTC pair, and the overall concept indicates the possibility of attacking at least half of this potential.
👌🏻 I like the nicely leveled structure after the huge collapse. The price drop gradually weakened until it twisted at the bottom, found a market price and created strong All Time Low support. He was able to create a higher high at the highest TFs, and thanks to that I observe a potential change in the long-term momentum in the event of overcoming the last high. At the bottom of the whole cycle, a huge symmetrical triangle was created, which seems to me one-way.
👍🏻 The chart has a good time and a month to leave this structure, but for long-term trade it is ideal to accumulate positions already in the apex and just below the Point of Control of this triangle. Setup is for several months and offers extreme avg. RRR - 8.33 with the latest TP up to 647% of the current price. I would like to draw your attention to a very deep but safe SL 54%, so be sure to follow the established Money Management for this trade and enter with a small % of capital.
✅ BUYZONE - 3647-4635sat. StopLoss - 1898sat (54%). Take Profit marked on the chart.
❕ ATTENTION to Money Management. SL timeout 10min. Trailing TP 10%
1D chart:
GME is on the brink of collapse!Good news everyone!
My broker offers GME now. The spread is 40c.
And by experience I would say the GME pyramid scheme is likely to be about to fall.
I would love to short this bag, but it is very volatile that is the problem.
I need to compare it to some other examples. Especially since the stock market is not my core activity.
Compare it to some stocks but not only. This is no longer a share but a gambling ticket. I'm more experienced with those fortunately.
The technic here will be the same as retail gambling lotery tickets and not some hedge fund.
This one is not very mainstream
Another popular mainstream "investment" (like Enron)
The more "dumb money" involed, the bigger the retraces?
Tesla is really dangerous it goes beyond the "dumb money" bag/gamble. It is a cult with a prophet that is very skilled at manipulating.
Ah this science religion. Tech just really has been stagnating for a while. We get hit by a cold virus and suddenly the world is paralyzed.
These cultists honestly think because you can download an app on your smartphone we will experience eternal life, kek.
GME bagholders are on the verge of breaking.
And then later this
The issue is, can't pinpoint the top. Maybe they'll be a small distribution?
There is time for the big short, right now short term. And later on we'll look into the big one more.
As scientists say "more research is needed on the subject".
Either some distribution at the top of some kind (if that even works) or simple wait for the downtrend to start and short on a sucker rally.
A couple more screenshots
A legend of bagholding (and bulls arguing):
My favorite...
There is a danger with bag chasing gamblers but fortunately they also provide a solution, they act as resistance.
The more ignorant gamblers act tough by proudly saying they bought and will keep buying to "beat the damn bears", the safer it is to short 😉
$SRNE Bullish Setup$SRNE has bounced off of the .618 fib level, which could mean a break to the recent high. I am anticipating a touch to the $15 zone within the next couple of months. Good Luck!
Bull Flag Doge!!Hello Community!
Before we begin please support my idea with a thumbs up and comment. It'll be greatly appreciated and will motivate me to post a little more!
DOGE/USDT has been one of those stocks everyone has had their eyes on the past few weeks. We can take a look at DOGE on the 2 HR chart which is currently sitting on a few supports which I've drawn out for you. We can see trading at the bottom of the triangle. Based on the previous correction after making a new ATH at around 70 cents it's still looking bullish and is also looking to retest the top of the triangle with a possible breakout and another run at the previous high. This is a community coin that is fueled by hype and armature traders. It will follow BTC movements but with greater swings because of the hype built around it. this would be a great time to enter a long with a tight stop below the triangle. The MACD isn't looking strong but the RSI still is. If this triangle is broken you can expect a drop to the next support around 52 cents.
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
WKHS Long (trade in play)A strong breakout has finally happened. A pattern something like this will be ideal. I've been watching WKHS since $13 and the company might finally be turning some profits soon.
Some reasons for a rally.
1.) They received an order for 6300 vehicles. (January 4th 2021 -> minify.link)
2.) Big EV names (NIO, TSLA, PLUG etc.) have made insane moves while WKHS has been standing.
3.) Earnings is coming up (March , and with the big orders there might be a big run up with expectations of positive earnings.
4.) The open short float on January 26, 2021 was 30.99%. That is massive and if price action starts to pan out there might be a short squeeze (kind of like a sympathy play for GME, just on a way smaller scale).
I am just a small retail trader, but the idea is for the EV and Short squeeze hype to transfer to WKHS. I am willing to risk some good money on this trade, and I am not responsible for anyone elses trades.
Please criticize this play! Pick it apart, I wanna know why you think it's bad! We can all learn.
SAFEMOON TO RENDEZVOUS WITH ELON MUSK IN SPACE!If you don't know about this coin... Well then now you do. This is a hype coin with outstanding performance and potential much like Doge...
With the exception of the Safemoon protocol being far superior to Doge in every aspect. Community driven, auto-liquidity response tokenomics which include:
10% Charge on Sell, 5% redistributed to holders, 5% 50/50 BNB liquidity. Means you get more coins everytime someone bottles out like a wimp.
Coin burn and static returns, this is the ultimate hype hodl poocoin!
Now having completed almost 500% just the past 5 days, you are missing out if you don't put some dolla in before the inevitable dip comes!
Please note: "The dip is temporary, failure to invest is forever." - (Me 2021)
As you can see by my wave analysis... it's going up lol.
More serious graphical info at:
coinmarketcap.com
Disclaimer: This is not financial advice. Buy the coin.