Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
18.5 million Shiba coins burned in the last hour.
https://www.shibburn.com/
Nice!
Holders:
834,666 ( 1.452%)
https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce#tokenInfo
Agreed. Otherwise, if we were fortunate enough to hit $0.01, someone would dump a billion coins and crush the entire thing.
Better to break up these bigger holders into more hands.
Coinmarketcap confirms your assessment of 497T:
Volume (24H) : $19,181,519,643.00
Market Capitalization : $31,052,014,984.00
Circulating Supply : 497,730,966,630,396.00 SHIB
Market Data Source: Coinmarketcap
https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce#tokenInfo
Anyone notice 877 million Shibs got burned about an hour ago?
https://www.shibburn.com/
I took the % that was on table to exited. For some reason feeling antsy with today's reports that are due.
Weird week of 1%+ moves every day.
Wondering if that's why Mitch made the deal with the Dem's around the debt ceiling yesterday. I'm reading way too much into, most the time, I just try to ignore all news.
Pullbacks are healthy. Need to break up the big holders into the hands of many more. It's the only way to have a sustained move up. Otherwise, we go straight up, then straight back down.
Go SHIB!
Look where price ended up, $441.50-ish, which was the vpoc from around 9/17. You can see the 1st and 2nd touches at the end of Sept. Today was the 3rd, which clears this level.
Also, I think yesterday's low was the actual 3rd touch of $428, to clear that level. You can also see 3 consecutive higher lows before yesterday's big move up.
If I was better, I could have had those calls on radar and made a killing. lol
Go Shib go! I bought in months ago. There were times when it felt like nothing was going to happen! Am enjoying this ride!
No ticks above zero.
Adv-Dec at -2000. Is that a signal that selling is reaching exhaustion?
3 touches today on Friday's vpoc on Spy (434.50), so it is cleared. Also under Friday's VAH (solid red line).
Next open vpoc up is $437.75, which already has 1 touch from last week. Bread crumb???
Next open vpoc down is $427.75, which was yesterday's vpoc.
You were marking the ew on these, was this up move a 4? or has anything changed?
My open vpoc levels are purple. As the get cleared, I change them to dotted lines.
Well, this is Shib-tastic!
Usually when areas of congestion have been cleared + RSI 30 on 4 hr chart, a nice upmove starts the next day. Today was 2nd bounce off RSI 30 on 4hr chart.
Question for a future post: how do you see the sell imbalance? On L2?
Looks like a really big h on the 4 hr chart.
Do you think tomorrow, new month, new energy?
The S&P 500 will decline 6% through the end of this year as upside has run out and risks are growing, Bank of America says
https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-target-2021-fed-taper-economy-bofa-2021-9
On the levels that I track, I've noticed usually when 1 level gets revisited, the next day is up. The idea came from one of the decent posters on the other board. These areas are used as energy for a move. Well, today 4 levels were revisited, yesterday 2 levels. Based on my observations, that's a lot of energy for a move.
I'm still hanging my hat that SPY will touch $410.50 again. That's about 6% from the current levels. For the pattern to be true always, it would need to also hit $406.50.
If this happens, I'll share this nugget with you so I don't look like a rambling idiot. lol
Had a rare cooler day so I took the kiddos to the zoo. By cooler, it was mid 80's instead of 100. lol
Price cleared two target levels today, usually clearing one means next day is an up day. Looks like lower trend line held.
They left ambiguity, have two targets needing a touch on Spy: 440.50 and 436.25. Currently way below value area. 4 hr candles looks a little bear flaggy to me.
Looks like mine and your Gov's are in a race to prove who can be more authoritarian. Shaking my head.
I show Spy $436.25 still needs a touch. However, one of the targets that I track was resolved today, which usually means up next day. Am wondering if 5 needs to complete first.
Just wanted to post here to share/collaborate before tomorrow.
Spy 4hr RSI 70, ATH hit during regular trading. Seems like a common spot to pull back.
With the lower levels that I think we'll be revisited seems to suggest summer chop, imo.
Seems like it ebbs and flows.
For the sake of posting today. it seems like RSI 30 on the 4 hr is the potential spark for a solid move up.
Today: over value high, lot of positive ticks, adv-dec somewhat sideways, pull back defended the open...if I understand correctly, just burning through sellers, accepting higher prices.
Breadcrumbs left behind at Spy $418.75 and $416.75.
Value high looks like 20 MA daily.
Open levels I have marked:
422.00
420.50
418.75
416.75
410.50
These hard, impulsive ups are always impressive, each 5 min candle higher & higher. I watch the 5 min a lot. Seems like usually 3 big pushes up for the move. We're in the 2nd one now. Target has to be 20 MA daily.
Seems like a backtest 20 MA daily.
Thanks J. A pattern that I found last fall. Though very simple, it took a while to recognize. It has multiple steps. Most of the time it completes in a day. When it does not, it is a clue, or breadcrumb. On that, Spy $410.50 is that lowest breadcrumb that I show remaining. Maybe $406.00, for certain $410.50. The timing is uncertain, which sucks for option premium. lol
Update
421.75 - cleared
418.75 -
416.25 - cleared
410.50 - needs to be revisited
406.75 - maybe
Maybe I'll end up being a week or so on my 6/14 put that expired. lol Below value area so far this morning.
421.75 - cleared
418.75 - to clear today?
416.25
410.50
406.75 - maybe
Spy 4 hr RSI at 30. Usually is a good long entry.
Everyday feels the same, some level of dip gets bought up. Seems like Tuesdays tend to be red.
Opening above value. Wonder if the play is VAH.
Look at that, Spy ended day shooting right back to vpoc. Seems to be an indication of balancing/accumulating. 3rd day in range.
Spoke too soon. Boomage.
Lots of positive signs, hopefully together we keep making progress.
I cringed this morning when I read this, de ja vu....
Two passengers on Celebrity Millennium cruise test positive for Covid-19
https://www.cnn.com/travel/article/celebrity-cruise-two-covid-positive-guests/index.html" rel="nofollow" target="_blank" >https://www.cnn.com/travel/article/celebrity-cruise-two-covid-positive-guests/index.html
Hoovering at value high this morning. Inching upward everyday it seems, no major selling.