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This is just a quick one: Buying the breakout here. Let's run!
Details in the chart.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SHIBUSDT
BITCOIN :M15Hello
. Important levels are marked on the chart. Now we are waiting for the new phase of movement. I have specified two scenarios
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Shiba Inu - Fake breakout! 60% crash soon | Elliott Wave
We are in the middle of the crypto bear market. Altcoins like SHIB, ADA, XRP, SOL, DOT, and LINK are going to crash hard. You really don't want to buy these coins at this moment.
I think Shiba doesn't deserve to be ranked at #13 on Coinmarketcap with this terrible price action. Yes, we had a massive pump that lasted only 30 days in 2021, but now we've been bleeding for 320 days.
On the daily chart, we have a descending parallel channel on the LOG scale with a fake breakout. It was a trap, and there were clearly missing buyers on this token. The token is still so expensive that buyers are not interested.
The price should go down to the previous swing low at 0.00000510, which is an extremely strong support and potential buying opportunity.
I would like to see a bullish divergence on the weekly timeframe, and this divergence will definitely be created if we drop down to 0.00000510.
From the Elliott Wave perspective, we need another impulse to the downside to complete a major impulsive wave, so I think we have already started the downtrend.
Maybe Shiba is a great altcoin, but it is very overpriced and expensive. Definitely not a good investment at this time.
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SHIBA| Will show growth after the breakdown!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
SHIB is already very close to the countertrend line, I think there is still a chance of bitcoin’s correction to the $0.00001187 zone
For now, I’ll just actively observe the chart if they start to put pressure on the counter-trend entry for a breakdown with a small percentage of the deposit (3-5%)
Not financial advice!!!
SHIBUSDT trade moved 70% profit SHIBUSDT trade moved 70% profit and proceeding towards initial target after deep correction. Now trade will hit 50% fib level before it will hit new ATH in next boost session.
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SHIBUSDT - Dunning Kruger Effect with PepeHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, we're taking a look at the Dunning Kruger Effect. Dunning-Kruger effect, in psychology, is a cognitive bias whereby people with limited knowledge or competence (in a given intellectual or social domain) greatly overestimate their own knowledge or competence in that domain relative to objective criteria or to the performance of their peers or of people in general. This happens in trading all the time. In fact, we probably all started there if we're being honest.
So - What causes the Dunning-Kruger effect? Confidence is so highly prized that many people would rather pretend to be smart or skilled than risk looking inadequate and losing face. Even smart people can be affected by the Dunning-Kruger effect because having intelligence isn’t the same thing as learning and developing a specific skill. Many individuals mistakenly believe that their experience and skills in one particular area are transferable to another. Many people would describe themselves as above average in intelligence, humor, and a variety of skills. They can’t accurately judge their own competence, because they lack metacognition, or the ability to step back and examine oneself objectively. In fact, those who are the least skilled are also the most likely to overestimate their abilities. This also relates to their ability to judge how well they are doing their work, hobbies, etc.
The Dunning-Kruger effect results in what’s known as a double curse : Not only do people perform poorly, but they are not self-aware enough to judge themselves accurately—and are thus unlikely to learn and grow. So how can we prevent ourselves from falling into this trap? Here's a few things to keep in mind: To avoid falling prey to the Dunning-Kruger effect, you should honestly and routinely question your knowledge base and the conclusions you draw, rather than blindly accepting them. As David Dunning proposes, people can be their own devil’s advocates, by challenging themselves to probe how they might possibly be wrong. Individuals could also escape the trap by seeking others whose expertise can help cover their own blind spots, such as turning to a colleague or friend for advice or constructive criticism. Continuing to study a specific subject will also bring one’s capacity into a clearer focus.
Practice these habits to ultimately escape the double curse:
- Continuous learning. This will keep your mindset open to new possibilities, whilst increasing your knowledge over time.
- Pay attention to who's talking about what. Is the accountant talking about bodybuilding?
- Don't be overconfident. This is self explanatory.
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SHIBA more gain 🚀Hello 🐋
Based on the chart after a long time, correction to the downside and range market the price is close to the major resistance, close to green trend line ✔️
we
will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks the range part to the upside, we will see more gain 📖🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
"S**T COIN" INVESTMENTS, WHICH IS BETTER, $SHIB OR $DOGE?💩🚀This chart maps the performance of Shiba Inu vs. Dogecoin. While this type of investing is not very highly recommended at this time, I have created this to show which may be a better performer in the near future, should anyone decided to make such risky investments/trades. IMO this chart shows and imminent break of the current support level, giving $DOGE the upper-hand for a "short" while. Then $SHIB will take over as it begins to overperform against $DOGE. More than likely (IMO) this will be caused by an initial, substantial rise in $DOGE. Then FOMO over those profits gained by investors will cause others to seek similar profits, directing them towards the next "gamble", which will more than likely be $DOGE's "sibling", $SHIB. Because of $SHIB's wider margins, it will then outperform $DOGE in terms of growth. Also, this may be a strong, bullish signal that retail has now fully entered the market and overall crypto prices may begin to recuperate.
$SHIB or $LUNA? Best gamble trade to be taking today. 🚨⚠️🚀💩A month ago this idea wouldn't have even been a thought in anyone's mind. However the recent super-crash of $LUNA has put it in the same risk-category as any sh** coin. IMO $SHIB will have some opportunities coming for anyone who would like to trade the retail hype. At the same time I personally believe that $LUNA has become somewhat of a "meme-coin" itself at this point, however more like a "meme-stock" with massive pump-potential. (Should things play out in the right way) Because of this, I have charted the performance of $SHIB vs. the performance of $LUNA. It seems that $SHIB will be somewhat battling against $LUNA for the immediate future, but will then be overtaken, with a possible massive rise in performance by $LUNA against $SHIB. This could also turn out to be a nice "double-play", as a trader COULD POSSIBLY use this ratio to make more $SHIB (if $SHIB stays lower while $LUNA rises) then sit in that $SHIB position until a take-profit level is hit by $SHIB.
**This is all my own personal opinion, based on chart data. Not Financial Advice**
Shiba Inu SHIBUSDT - when next EMA 10❌EMA 100 cross ⁉️shibainu - When next EMA 10❌EMA 100 cross ⁉️
Last time shib gained +1,000%
Past performance is no guarantee of future performance... but next cross will occur... question of time dear Crypto Nation
Let me know your thoughts in the comments 😎
*not financial advice
do your own research before investing
SHIBAUSD | Area of interest to buy soonHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
SHIB is currently in free flight, on the technical side, our resistance level is a countertrend line, and the support zone is 0.236 Fibonacci.
While I see more priority to the downward movement of 0.236 and from there to gain a position for an increase, this of course may not happen as quickly as we would like, but who is in a hurry, as they say)
So far, these are the guys’ thoughts, I think I explained it clearly to you, if anything, ask your questions in the comments
SHIBA INU is gaining momentum, patience is the key Since SHIB is one of the famous MEME coins, many retail investors tend to invest in it. So the whales behind it keep clearing those paper hands before driving up the price. When SHIB is pumping, its large green candle may ignore any resistance and keep pumping for a few days due to the hype. Therefore, SHIB's strategy would be to buy at every resistance line (price shown in the chart) and hold for the next bull run. Holding SHIB requires a lot of patience. After buying, just ignore the price and you might see a huge gain in your account during the next bull run.
SHIB|USDT - Is in over bought teritoryShiba INU Coin price closed the previous day’s trade at $0.00001170 with a market capitalization of $6.73 billion and a circulating supply of 549,063.28 billion SHIB. SHIB price appears to have set up a significant upswing since the beginning of July and hence may rise by more than 30% in the upcoming fortnight
SHIBUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
Here we have R2 which used to be a support area. R1 is the resistance area and the unsuccessful triumphs of the price to rise is clear. And S1 and S2 are our support areas that represent the support of the price at several points. At the present, we have the price fluctuating above S1 and we predict it will fall to this line. At this point, by receiving some confirmation candles, we predict a rise to happen for the price to R1 and if the price is rejected and has another decline to S1, the right shoulder of our pattern is formed. Also it is possible for the price to lose the support here and move below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SHIB is landing on the lower Bollinger Band.Hello, dear TradingView members.
This idea is a SHIB analysis.
SHIB just fell below the Middle Bollinger Band.
If this dump wasn't just noise, the price might continue to fall back down to the Solid support level, which is also where the lower Bollinger Band is right now.
There are two resistance levels on the way up and two support levels on the way down, holding the price up.
There are two possible scenarios for now which I've shown on the chart for you.
RSI is Neutral, so the price has room to go up or down.
The Speedometer indicator shows Buy volumes on the market for SHIB on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.