Shitcoinz
APECOIN is down 95% is it time to buy?I don't want to insult or judge the BAYC team for BINANCE:APEUSDT
But I see pity for the holders of this token BYBIT:APEUSDT.P who have believed in NFTs which he said 1 year ago was said to be a Blue chip but now this token MEXC:APEUSDT.P has dropped -95.57%. a very crazy drop OKX:APEUSDT.P from 28,012 USD to 1,241 USD, this is very terrible!
And the bottom of this token will be $1 when COINBASE:APEUSD launches this token on 14 March 2022!
Good luck to the holders of this token $BITSTAMP:APEUSD!
Shitpile Pattern: Medium SizeThroughout our collective experiences, we have borne witness to a multitude of intriguing market phenomena, colloquially referred to as "shitpile patterns," each bearing distinct features reminiscent of the excretory process. Within the realm of trading, it is not uncommon to behold such intricate dynamics within the realm of lesser-known cryptocurrencies (aka "shitcoins").
These patterns, characterized by their precipitous ascents and immediate plummeting akin to the gastrointestinal contractions, commonly known as "squeez," manifest through the prevailing pressures of market forces. Prudent traders would be well-advised to brace themselves for a moderate-scale movement, as the market has already undergone a considerable reduction in its intestinal activities. May fortune favor the endeavors of all astute traders in navigating these intricate waters.
#turbo $turbowe are in an absolute downward trend, if you can say that about a sh1tcoin, but the channel is constantly being tested with so-called breakout points. I see this becoming stronger and stronger, new people are coming, the old ones have already realized. If there is enough volume, I will start allocating around 0.009 and buy back.
99% of Cryptocurrency is crapWhat would happen if Ethereum lost the entirety of its value and dropped to zero? How would this affect the industry and investors? Ethereum's price started climbing steadily and then shot up to over $300 in June of the same year.
Ethereum's price then remained in the low hundreds until early 2018, when it surpassed $1,000 for the first time. It wasn't until the crypto boom of early 2021 that Ethereum hit multiple thousands in price.
This sharp rise in price isn’t sustainable in a market environment like this, which is highly influenced by the stock market and Geo political factors, this is why I think most cryptos including Ethereum will fail and people who bought NFTs are the real losers not traders.
So therefore once ETH breaks below 300$ again it can just drop like a rock to its bottom around 11$. Bitcoin could be at 8000$ again as it get dragged down by the other coins.
Coinbase to delist Bitcoin Cash (BCH) from Coinbase Wallet last chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar (XLM) from Coinbase Wallet!
My price targets:
BCH/USDT short
Entry Range: $108 - 113
Price Target 1: $88
Price Target 2: $79
Price Target 3: $70
Stop Loss: $129
SHIBA Has Reached Projected SupportHello Crypto traders, today we want to update our SHIBA chart from April 1st, which is now finally back to the starting point of mania cycle as expected.
From Elliott wave perspective, we have been tracking (A)-(B)-(C) correction from all-time highs and wave (C) can be actually already completed, as we see a completed five-wave cycle of the lower degree.
From technical point of view, it's trading at ideal support zone at the starting point of mania, but to confirm low/support in place and bullish reversal, we need to see a recovery at least back to 0.000020 area.
All the best!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Is Xem going to be profitable ? 🦬 💰💰 🦬Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 XEMUSDT- Daily Time Frame - Heikin Shi
📌 Support zone - Descending trend line - double bottom
📍 xem or nem project is looking a little bit more bullish than other crypto currency pairs, although it has seen a slight 90% price drop since its ATH, I think it is the time to invest carefully in this crypto pair
📍 A possible double bottom along with an important support zone are the reasons that I find this pair bullish
⚠️ However, as you may know the crypto currency world and pairs are so much reliable on BTC and other big coins like ETH, ADA , etc.
✍🏼 I personally think that BTC and other crypto may see a bullish momentum again in the upcoming month so other coins may be seeing pumps and of course bigger pump compared to BTC due to their smaller market cap
⚠️ The following bullish leg is not confirmed yet so any investments in the cycle is so risky right now
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER
MSTR looking to re-enter a SHORT position BTC breaking downMSTR's Michael Saylor is a FOOL. As a publically traded company he is a fiduciary and has a mandate to act responsible. Borrowing $2.5 billion dollars the company bondholders and shareholders are on the hook for to speculate on shitcoin will be the downfall of MSTR. I suspect there is (or SHOULD BE) an ongoing SEC investigation which could potentially bring indictments and a receivership of MSTR being setup to liquidate what's left of the companies assets and make the shareholders as whole as possible. Buying Bitcoin is no different that if Michael Saylor borrowed this money to buy lottery tickets, baseball cards, a 300 foot yacht. It's unlawful and not part of the overall business. MSTR will be under water soon as bitcoin continues breaking down because it is GARBAGE and has ZERO intrinsic value whatsoever like the other 18,000+ alt shitcoins. Attorneys, litigation, lawsuits, class actions will cause MSTR to be INSOLVENT.
Higher Low at the .786, breakout could explosive if BTC allows.Higher Low at the .786, breakout could be explosive if BTC lets it. If BTC springs off the 24k range due to escalation of war, this coin will likely continue its down trend. Personally, I believe BTC is on a macro higher low and will move up to new ATH's giving permission to Dogelon to move with it.
Elliott Wave Analysis: ShitCoin Index Is Eyeing July 2021 LowsHello Crypto traders and investors!
We are pretty sure you are wondering when it's time to buy cryptocurrencies again. Well, Cryptos are still trading in a bigger sideways correction, which we see it as an A-B-C flat formation, especially if we take a look on shitcoin index, where we see quite clear Elliott Wave Pattern, called 3-3-5 flat correction.
A 3-3-5 flat correction consists of three waves in leg A, three waves in leg B and five waves in leg C.
As you can see, we have (W)-(X)-(Y) complex structure in wave A, then wave have a three-wave (A)-(B)-(C) corrective recovery in wave B and now we are trading within a bigger ending diagonal pattern for wave C.
The ending diagonal is a special type of wave that occurs in wave 5 of an impulse, or wave C of a correction. This wave often occurs when the preceding move of the trend has gone too far, too fast, and has run out of steam. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move.
So, what we want to say is that shitcoin index and cryptocurrencies in general can be trading in final stages of a corrective movement, where we are tracking final wave (5) of C, which will ideally retest July 2021 lows and then we will expect real bulls to show up.
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
XSN USD forward looking targetsXSNUSD looks to be consolidating in the range of $ 0.25 to $ 0.35.
On January 26th 2021, a low support level was established at $ 0.23.
On February 23rd 2021, a higher support level was established at $ 0.253.
A resistance range was established between $ 0.32 and $ 0.35.
As the higher support level exists with a wide range, in conjunction with the price action causing a wedge below the wide resistance range, I'd expect the price to push nicely into the zone of $ 0.32 and $ 0.35, with theoretical chance of 40% to potentially cause some strong pricing pressure to the upside.
Fundamentally, being a newer listing, possessing a very attractive User Interface for an easy to use DEX application and User Wallet with L2 functionality, I expect to see XSN USD back over $ 0.50 in approximately two weeks time, as millennials and gen z care deeply about decentralized finance and getting rich at a younger age than their parents did, and are looking for cryptos that can increase in price indicator by several hundred percentages.
BITFINEX:XSNUSD
AKITA is the new SHIBA? 🐕 💥Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 AKITA /USDT - Daily Tme-Frame - Heiken Ashi
📌 Cycles - Fundamental - FRACTAL - SHITCOIN
📍Akitausdt is looking as prime SHIBA INU and I personally think it might repeat the cycle and fractal of shiba
✍🏼 In daily time frame I see some accumulation in the chart and it might be a sign of potential growth
⚠️ HOWEVER, keep in mind that such coins such as SHIBA INU and AKITA are just shitcoins and one should really accept the further crash or failure .
✍🏼 As I see the charts I can guess that the shitcoin season may happen since the Bitcoin dominance is almost confusing and big coins such as ADA , ETH , TRX ,etc are not showing very bullish signs!
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL AND OR BUY POSITION
GOOD LUCK
NP TRADER