"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 $DOGE in terms of growth. Also, this may be a strong, bullish signal that retail has now fully entered the market and overall crypto prices may begin to recuperate.
SHIBUSD trade ideas
Shiba Inu SHIBUSDT - when next EMA 10❌EMA 100 cross ⁉️shibainu - When next EMA 10❌EMA 100 cross ⁉️
Last time shib gained +1,000%
Past performance is no guarantee of future performance... but next cross will occur... question of time dear Crypto Nation
Let me know your thoughts in the comments 😎
*not financial advice
do your own research before investing
MY MINIMALIST CHART ANALYSIS FOR SHIBA INU$SHIBA
On a Weekly Chart
LONG POSITION
08.29..22
1300H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
Entries for a BULL SWING when $BTC starts up and running.
Based on VITAL SIGNS ( RSI , STOCH , VOL., MA VOL.) RSI still needs to go down at 20-30. It has been accumulating for the past 4 months and is in a zone where it is very attractive for BUYERS.
Bitcoin is also holding strong support at the 20k zone and is shy away from being oversold at the point of the previous capitulation.
1. It is also on its way to a 0.618 FIB RETRACEMENT and we can expect a measured move towards 0.00002450, on top of a MINOR BENTO BOX in light brown for a POSSIBLE PARTIAL EXIT.
2. This may then push towards our possible first exit depending on price action at that given time around the months before the end year.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
SHIB.. getting ready to break out?!I'm not exactly the biggest fan of $SHIB, but i cant help but look at this chart and imagine the possible upside if this breaks up!
ill be keeping a close eye on this going into the start of the next week. With ETH leading the charge, and alt coins performing so well.. if this continues to push, i believe a LONG position to the .5 fib on SHIB would be fairly safe bet.
UPDATE: The Puppy is running!An update to my previous post concerning SHIB, which was on the verge of a breakout from it's long term down trend. Not only did it breakout of the trend, it continued in a new uptrend until finally going parabolic Saturday evening (8/13/22). Good stuff! I've included a projection of where I think it might go next based on some analysis of fib extensions from the previous run up. There's a long way to go, but with crypto these things can run fast and hard. And crash as equally hard.
Weekly Market Forecast Ep.47The JPY is still strong for next week expecting XXXJPY to sell off, the USD will weaken for the first two days and gain strength from Wednesday with the FOMC. From a Technical aspect, XXXJPY is correcting and USDXXX is completing the correcting and getting ready for a rally, and the opposite for USDXXX we have to see a drop maybe not massive.
Double downThe dog has been caged for too long. The ascending triangle pattern we find our-self in is a great indicator for a trend reversal. Yesterdays candle is what is enticing me to double down here. I am personally using a tight stop for this trade and going for the 1st take profit . Then, opening a trade with the loose stop and lower entry if I get stopped out. You can adjust accordingly due to your trading style.
Happy Trading!
Dashed Red Line = Tight Stop
Solid Red Line = Loose Stop
Dashed Green Line = 1st Take profit
Solid Green Line = 2nd Take Profit
Purple Line = Trading Range/Pattern