Shibatoken
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SHIBA keeps mimicking DOGE !! It's even dipping the sameLet's be real, DOGE and SHIBA are shitcoins, but they're fun, especially when you notice that they move pretty much the same over time.
In orange is DOGE, as you can see the similarity is huge, even more if you consider they are two shitcoins driven by a dog and some muskpump.
So what do you see ? Yep, seems like it's about to go doooown if we break the 4245 mark. Of course, as always, SHIBA won't follow charts but if it naturally follows the DOGE fate, then I would say it is really likely gonna go down a lot more. It could also stabilise at the 4900 mark but that will require momentum to be built between 4245-4900.
SHIBA preparing to defend an important level Ahead of us is a difficult time, a strong correction of BTC may eventually have a significant impact on such tokens, so a stop loss is mandatory
SHIBA INU - Can Dogs Fly? 🐾🦴🛩️Shiba Inu (SHIBUSD) is an Ethereum-based altcoin (a cryptocurrency other than Bitcoin) that features the Shiba Inu—a Japanese breed of hunting dog—as its mascot. Shiba Inu is widely considered to be an alternative to Dogecoin; in fact, proponents of Shiba Inu tout it as "the Dogecoin killer."
Similar to Dogecoin and meme stocks such as GameStop, Shiba Inu's returns are primarily due to its community of retail investors. These investors have artificially inflated Shiba Inu's price by investing heavily, only to sell once the price peaks.
In our eyes:
👉🏻SHIBA INU is Ethereum's loyal dog. The biggest burner
👉🏻 SHIBA INU is a meme, the hype, the trend. It will be Crypto's Hot item this Xmas season
👉🏻SHIBA INU is established in top-20 (currently number 11 crypto)
👉🏻SHIBA INU has a strong and loyal community. Even here in the small island of Cyprus people keep posting about the Shiba Inu 'Family' and 'Army'
It all sound a bit crazy but there is nothing wrong with Hype.
Let's remember to take profits at the right time (that's most likely later on between December 25 and End of January 2022) because 👉🏻SHIBA INU reminds me of XRP in 2017.....
One Love,
the FXPROFESSOR
👉🏻SHIBA INU will be hot but my heart belongs to SHIBA LEASH (limited supply). I have invested in that one.
SHIBUSDT | The best scenario for climbing🏹Hello traders, Shiba in daily timeframe , In this currency, the main wave 1 and 2 have been formed and now the microwave, wave 3 is being formed.
We think that wave 1 of these microwaves is over and now we are inside wave 2.
According to our study, wave 2 will be zigzagged.
And from this zigzag wave a is being formed and from this wave a waves 1, 2 and 3 are completed and wave 4 is being formed, the fourth wave of probability is formed as a triangle and then the end of the triangle structure of wave five near the end of the wave 3 ends and then correction for wave b will eventually reach a fibo of 0.618 and if this fibo is broken, the correction structure that we specified in the image will change.
And after the end of wave b, wave c decreases as much as wave a.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
IF YOU ARE IN SHIBA READ THIS.Read this entire passage. I am confident after reading you will be able to make better decisions as an investor and/or trader
Everyone is always like: "Ah if only I bought #doge last year, #btc in 2008"
The reason why those people will never see those type of gains is because they will always sell their entire stack too soon, but more importantly they wreck themselves up mentally. Additionally, they are always the ones who are stiffen up.
Accumulate what you can afford to lose and forget about it. Check the chart, maybe once or twice every other hour. Set your stop loss as if you were the whale.
As humans we are extremely emotional creatures, if you are checking your phone every other minute and the price is going down, consolidating for hours, or pumping and dumping back to fair daily levels, your dopamine levels are going to crash horrendously making you feel the urge to take un-necessary risks that will ultimately lead to massive failure and will ultimately leave you like Wojak.
When your dopamine levels crash it takes twice the amount of dopamine to get back to fair level, forget about break-even...
Managing your dopamine levels is extremely key to making high value investment decisions.
In particular, always look at these shitcoin investments from an objective point of view.
Always listen + ignore the "traditional" way and from this take your next step
Investing and especially trading is 90% mental, 5% technical, 5% fundamental
Best of luck,
Matthew Park