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Shiba Inu ( SHIB ) Descending Triangle Forming Short TermIf you got in on Shiba Inu before the epic pump cheers! Don't forgot to take some profits after a parabolic explosion in price in under a week. It looks like on shorter time frames we're forming a descending triangle forming on the hourly. Flat support line and slanted resistance. Tread very cautiously we're very very heated on Shiba Inu. We need to breakout of this slopping resistance to continue to the upside. If we can't hold the support expect a breakdown. Local support is at around 0.00002055 Much peace love health and wealth!
COINBASE:SHIBUSD
by peacefuljustin
Shiba- What will happen next? Hi, Today SHIB has finally reached the ATH resistance, everyone knows this is a pump & dump meme coin and has no purpose of ever EVER being created. However, it makes you money and it makes me money. So lets find out the next move before its too late- Option 1) The price has can break the resistance here and head towards the projected Fib levels at 1.618 (price- 0.00005360) 52% gain from here. Option 2) It reverses and falls back towards the range which the price was trapped in between May-Oct. In my opinion, I'm more inclined to think option 2 is more favourable. Only time will tell, either way...I strongly suggest you take profit here.
by Goodland_UK
3
BABA - HUGE OPTIONS PLAY - FALLING WEDGE + CHANNELAll, BABA is PRIMED here. Just a question of has it hit bottom. I would wait for break or daily candles conformation personally, but then i'd be all in here. This should break the falling wedge and hit the top of the downtrend channel. Huge plays here. This should take more of your attention than any small cap etc stocks. Make sure to set many alerts on this. Telling you this is worth big returns could see 180-200 by end of 2021. Especially holidays nearing etc.
NYSE:BABALong
by DigitalData
2
SPRB - 8M FLOAT - WORTH X2-X3 CURRENT PRICEAll, I am already scaled in big here. I am without a doubt this stock will at least double. ***KEEP IN MIND THIS IS AN 8M FLOAT COMPANY 1. Do your own DD you will notice all that has really happened is low float short sellers have just railed the price down 2. This companies price targets are insane not to mention 8M float will make this EXPLODE on any good news. The company is already undervalued + postiive news of any kind just blows this baby to the moon. Except here the moon is probably where it SHOULD be. 3. Financially speaking easily in great position no chance of offerings 4. Promising company overall 5. This downtrend looks awful, but is purely short sellers and look at the length of the time on market. This looks like it may happen soon, but either way I will happily add large position scales into this stock and simply wait. I really think at some point even a year from now we see 20+. The question is do you want to chase stocks daily, weekly or scale in. Either way set alers and volume alerts.
NASDAQ:SPRBLong
by DigitalData
ROKU - FOLLOW THE PARABOLIC ARCAll, Pretty bullish on ROKU here. Only question right now is that if SPY holds since it had a tear back up from 420s. However, this looks like its ready to go might retrace some here so mayh want to wait for a better entry. Just watch closely. I think as long as market doesn't cause a crash in big stocks like ROKU we see 440s and probably 480s. IF THIS BREAKS THE PARABLOIC ARC... the right side it will fall and I would take a PUT or short position
NASDAQ:ROKULong
by DigitalData
Shiba Inu (SHIB) A Ticking Time Bomb 1 cent Realistic?I know say what you want about Shiba Inu. It’s just another Dogecoin clone, there’s no value, it’s a meme token, or it’s a shitcoin. However, I can’t help but notice how Shiba Inu just looks like at some point in the future there’s going to be another parabolic price spike followed by a enormous retrace. Shiba Inu’s chart almost seems like a spontaneous stablecoin. Ever since the Coinbase listing Shiba Inu has been on my radar. Now possible talks of partnerships with Robinhood is circulating. SHIB has been in a big horizontal pattern since June. From 0.00000610 as support to 0.00000900 as resistance. The point of control is where most the trading and selling occurred is at 0.00000791. I'd say getting in on SHIB below 0.00000600 is a good deal. Even after the Elon Musk flash crash in May Shiba Inu's price has remained pretty steady since then. The community for Shiba Inu is very strong and has grown tremendously this year with over 900,000 Twitter followers under a year. The fact that there's a strong robust growing community is a good sign for the longevity of the ecosystem. Even more so Shiba Inu has it's own DEX Shibaswap with already $205 million Total Value Locked and they have there own NFT marketplace. Shiba Inu is establishing it's crypto roots in charity giving as well. $1 billion worth of Shiba Inu has been donated to an India Covid relief fund from Ethereum founder Vitalik Buterin earlier this year. Which makes this cryptocurrencies origins even that much more interesting. Now the million dollar question everybody has been talking about... Can the price of Shiba Inu reach $0.01 cents? Is that really even possible with a total supply of 1,000,000,000,000,000 (1 Quadrillion) and a current circulating supply of 497,730,966,630,395 (497 Trillion) ? The short answer is NO. However, Shiba Inu's price will be contingent on how much token burning will take place in the future. 50% of the supply has already been burned. If the token burning continues for Shiba Inu, the community continues to grow, the DeFi ecosystem continues to expand, partnerships expand, and there's a gradual reduction in supply then the possibility of $0.01 cents becomes more realistic. But for the meantime that isn't a price target I would consider or even shill out. Shiba Inu getting back above 0.00005000 is where I'd be looking at. Keep Shiba Inu on your radar. This is a highly speculative cryptocurrency like all meme coins are and even most cryptocurrency. But Shiba Inu is developing to be a little more than a meme coin in my opinion. Time will tell. Much Peace, Love, Health, and Wealth!
Long
by peacefuljustin
7
The Reality Of Emotional TradingHello Traders, today I would like to talk about the reality of trading with your emotions, this can be whether you are a swing trader or a day trader we are all human and get emotional but we must learn how to control them and not trade when you are unstable. Emotional instability The most common reason why people plummet to the end of their forex trading is due to emotional instability. Forex trading in reality is all about how well you can control your emotions. Reality Mastering your fear, hesitation, anxiety, impatience, curbing down your greed and over confidence, this is all what any trading decision is based upon. It might be surprising, but a large percentage of people, struggle with the most basic step in trading forex, why? Because they downplay its importance. Being emotionally stable and in control of your emotions, is often overlooked because everything else seems much more important: profits, losses, risks, strategies, trading plan. Here are some of the ways which help you trade better: Be consistent. Do not lose faith in your strategy. Have a risk management strategy. Don’t switch strategies. Have a strong trading plan. Take a break. Learn to control your emotions. Don not revenge-trade. These are the 5 emotions you often feel while trading and how you may react to your trading Happiness – underestimate the risks Fear – we fail to act (inertia) Anger – Overreact (Revenge) Sadness - risk averse Greed – Take bigger risks If you cannot control your emotions during your trading you may react in a way which breaches your trading plan. This is extremely important as this is one of the biggest factors a lot of traders face while trading. Thanks for taking the time to read my post 😆😂😆😂😆😂😆😂
COINBASE:BTCUSDEducation
by Pips-Collector
1
Doge B/O Targeting 45c-50cDogecoin held its uptrend and is trending nicely above support. Seems to have lagged behind some others with its downtrend breakout. Giving us a possible 10 - 20% quick move up in the next 1-2 days. Breaking out and looking for a safe support entry with 30c becoming support to ride a new wave up into a strong resistance zone of 45c - 50c. Many resistances and fib levels all come together in that area. So, would be looking to close my longs with any breaks above 45c, Remember DYOR & Good luck traders!
Long
by davy101
1