Look, I'm not a Moon Boi. I like to take all options and avenues. And let's be honest, I've only been doing this for about a year, so there's an ocean of things I don't know. An. OCEAN! So, I'm looking at this, and I'm thinking, "Hmmmm .... I don't want this to be a thing." - but I think it might be. Some of you are probably going "Yeeeehhaaaaa dhead! That's...
I'd like to think we've reached the bottom, and it's a slow rise from here as early adopters take profits. Personally, I'd like to think they have taken profits to allow for the price to drop, so they can dive in again. While it has been on a down trend, it still follows trading rules. I know people are so so so desperate to call it a pump and dump. I've been...
Yep, lots of slow down trend, but when will it end. Someone knows. Whales know. Moon bois know. Really, know one knows at this point, because pretty much everyone has been wrong ... even me. So, at this point, if you're a holder, then hold. If you're not then do whatever you want. It can't go down forever, so use this time to learn about what a sideways market...
This is the Weekly chart. So in 4 days we'll know where we be at. Until November 23ish, it's going to go sideways, go up a bit (people will think it's a breakout.) It'll go down a bit, (it's crashing!!) But the truth is, it's just buying it's time. It's a waiting game for holders. Let the day traders deal with the ups and downs.
So we're clearly in a consolidation phase with this beautiful (often called a Scam Coin) coin. At the end of the day, it makes ZERO difference if it's a shitcoin or not. What matters is that people want in, and the community around it. And hey, let's be honest, what a community Shib has! Let's really just focus on volume and trendlines, and the news about how...
Feeling like we're reaching a level of real support here.
Don't panic, we're just testing double tapping on our new support. It's a process, so if you're in panic mode, or having a little concern, just let it play out, we're looking good. Normal trading rules apply.
This is quite a consolidation isn't it. I can see it moving to the upside. Every time I've experienced a consolidation like this, it's moved quite heavily to the upside. Once this day candle closes, we'll be looking for a continuation to the upside. Hope you're in, Happy Shibbing!
OK, so we broke support. As you can tell I'm a bull. I like Green Candles not Red Candles. So if you're a long holder, then you'll be right. If you're a trader, time to short.
So we're in a bit of a standstill with Shib. Fud in the market saying that Shib is a "speculative" trade. Yeah, so was Google and Apple once upon a time too. They always say this, it's just how the market moves. Rationally. We're in the top 10 cryptos in the world, and it took just over a year. We beat Doge by market cap. Like you, I fundamentally believe it has...
We pushed through that trend line. We needed to do that. Now it's time to sustain the momentum. If it doesn't head back to that faded orange line, which would be a very normal thing to do, then we're looking even more bullish to not just retest the ATH, but with any luck ... delete a zero. Let's go! Happy Shibbing!
If you're anything like me, you're bullish about Shib. BIG TIME BULLISH! So, to me, looks like this bad boy just BOUNCED! What you thinking? We going down further? The chart is telling me it's going up. Maybe you know something I don't. Leave it in the comments. Happy Shibbing!
The Orange Line is the long term trend line. In a previous Idea I mentioned that I believed it would bounce off this one before going up. If you're a holder, I know it isn't easy watching lots of gains diminish. However, long term holders stress less, so enjoy the ride! Happy Shibbing!!
Going sideways on the Red LIne, but expect it to drop to the Orange Line (major trend line). I'm still bullish, and I see this is a healthy pullback. Happy Shibbing!
Ignore previous chart. Wish I could delete it haha. Back down to 5 I'd say.
Yeah, I'm seeing a pattern here. The Purple Thing is a term we use in trading, that refers to this thing. Shib. Follow The Purple Thing, and make people happy! Thankyou. Happy Shibbing.
This one is quite important. From what I can see, it needs to close over the Green Line, then from all reports, it's going to do another parabolic move. Get ready team. We're about to push again! Side note - give me a cheeky follow and a like :)
Heavily leveraged shorts have been liquidated. Up she goes. Looks like we're going to delete a zero.