Penguin Smuggler

cooking

[Penguin Smuggler @Fattyboonboon13]

How I use TA. If you dont believe in TA, skip then rofl.

[Penguin Smuggler @Fattyboonboon13]

This is a thorough breakdown of $Dark chartwise. I will teach you how to draw up the chart and at the end your chart should look like this.

If you want to skip the TA stuff, go to the last few posts.

[008nate @008Nate]

literally dozens of cats are being aped on pumpfun but very few are bidding the popping cat here; which has already a written destiny to flip doge even though nobody talks about it

follow the herd into buying lowcaps sure you can make some great money and high r:r

but what I will say is that some of these coins that rip akin to popcat will pour into popcat further pushing it into the doge spectacle speculation bubble then bring all these cats even higher

insane flywheel these cats are a movement turning into a paradigm shift

$POPCAT is outperforming most midcap memecoins aside from $FARTCOIN today

i expect this popcat to have the most assymetric bids especially north of ATH because of the magnet DOGE marketcap presents and simplicity

$100 and nothing less

[Penguin Smuggler @Fattyboonboon13]

@Xandoodoo @blknoiz06 Yeah i think so too.

[Penguin Smuggler @Fattyboonboon13]

I have a feeling that Pumpfun airdrop is real and it is coming. And @blknoiz06 knows somehow. When the airdrop is announced it will probably mark the top of $Ansem

Not a bad thing though, stimmy brings vol back to trenches for a while before $BTC makes the final plunge

[Penguin Smuggler @Fattyboonboon13]

@blknoiz06 Bought a smol amount of solana:EbnLFfTrjCRayJgVb4TVwmSn1kFTrnHHnfLmAJQLpump as gamble coz I believe it is coming.

[Penguin Smuggler @Fattyboonboon13]

Seems like a cat meta is taking shape.... a lot of cats are popping. $Popcat looks ready on low TF?

[Penguin Smuggler @Fattyboonboon13]

@badattrading_ You are too honest. I will milk him dry and teach him a lesson.

[Penguin Smuggler @Fattyboonboon13]

I am too contented coz I caught $Blackbull, but honestly being too comfy is a bad habit I need to shake off.

[Penguin Smuggler @Fattyboonboon13]

$Drooling is one of those coins I have no reason to miss it. The hourly confirmation came on 18th June, sweep came 1 day later and even gave a 2nd sweep 2 days later. 7x poof.

[Wannnos (Enjoyment Arc) @degengamblah]

chart looks wet

[Penguin Smuggler @Fattyboonboon13]

I think my issue is I am not focused enough, I am too comfy sitting in my bags and not driven enough. Need to change, esp for this month.

Will try to be more active.

[Penguin Smuggler @Fattyboonboon13]

Pple always capitulate at the lows. $Eth always get laughed at until it does a face melting rally (crazier than $BTC btw).

People dont trade, they gamble based on feelings. Which is why they look at SolEth chart and rotate to Sol only to get buttfucked later by Sol as well.

[Penguin Smuggler @Fattyboonboon13]

Seeing a lot of posts about giving up on $Eth. Kinda weird, must be algo feeding me. We are closer to the bottom than the top honestly. Matches with a $BTC drop to low 50 high 40 (eth ~1100?), good R:R if it goes there. You bet I will buy at 1100.

[Penguin Smuggler @Fattyboonboon13]

Oh fuck... just when the fun is just getting started. Are we gonna get buttraped in 4 days again?

[Binance @binance]

9Շ0Շ·L0·90

[Penguin Smuggler @Fattyboonboon13]

What the strat does for you is it when the criteria is fulfilled, the coin is already several days old. If it is not 0 and has an active community still, it is probably worth a shot.
May do a write-up on this strat, slightly diff from @badattrading_ but same general idea

[Penguin Smuggler @Fattyboonboon13]

Good post. Never full port, use only 1%. If it truly is money you can lose, 10% is kinda alright unless you are dogshit at picking coins.

Look up @badattrading_ RSI BB strat if you always find yourself FOMO-ing and bagholding coins.

[Nova @badattrading_]

How to make it with memecoins ?

95% of you won't make it like in perps, why ? Because you fullport, you top blast, you have no risk management.

So how to make it or how to maximize your chances of making it ?

Know that everything you'll do from now on is buying well distributed coins with money you can afford to lose and hold no matter what happens. Folks who made money in this space didn't sell for a 2x, they held.

Start with 20 SOL (bare minimum), put 1-2 sol in well distributed coins. Consider that money GONE for good. Diversify, don't hold just one coin, hold 10-15 coins. Take back your og investment whenever you can, be on the lookat and buy stuffs form great devs/ppl in this space.

You'll basically train yourself to hold dogshit, because if you find the runner you'll need to HOLD, you won't make it if you take your og investment back and make a 2x only.

You might make 0 for months or be in the negative, until you find the runner and you let it go and let it fly.

Do not fomo coins

Cabals out there work together to artificially pump coins and make you buy it cause you feel you're missing out on something.

Check all my posts about bollinger bands and rsi and know that it'll always come back to the middle line and hit nice rsi indicator zones. Be patient, nothing flies forever you'll have your entry for the next ride.

Do not fullport

Fullporting is the memecoins version of 20x in perps, if you place just one egg in your basket and it gets smashed you have nothing left.

Train yourself to become patient, it requires a certain discipline. Until you make the one trade that runs super high you probably will lose money, accept this as basically this space is scams on steroids. It can take months before you find the right ones.

With time and experience you'll know when something is deadish and when you have to sell, this is not going to happen overnight you'll have to take some risks to get that insight.

Bet in the og coin

When a new meta pops up, a lot of beta coins pop up too, they are cheap copycat cabaled bundled versions of the og one that folks vibe coded (or coded by hand) to make a quick buck, they made these because they saw a coin going super high so insentive is not "building" but extracting. So always bet the og.

Believe in 1 sol and a dream.

consider that sol gone, but this is basically the casino so, keep believing cause it might happen in this space.

Do not believe the screenshots you see online

They are designed to drag you into a gambling mentality and thinking everyone can make that much money. The screens are either fake or they are poster boys of some shady platforms.

Follow the right accounts

Nobody will tell you who they are, you'll have to dig into all this yourself.

Good luck, in the end we all go to zero, take profits before it happens.

[Penguin Smuggler @Fattyboonboon13]

That strat keeps you honest - stops you from FOMO buying into coins when coin just migrated and has the highest vol and about to be raped to death by KOL.

[Penguin Smuggler @Fattyboonboon13]

@0xMrBeefman I absolutely agree with you and I think they are intentionally being ambiguous.

[Penguin Smuggler @Fattyboonboon13]

$world has a crazy ass clean chart. 26th July was probably the day to buy in but I was too chicken shit coz I was not sure of the authenticity of the coin.

I do personally believe it is real, and them putting the CA in will probably be the final exit pump.

[Mr. Beefman 🥩 @0xMrBeefman]

I won't work with the project

Explaining why

[Update] $world 5.37M
FMqh9mqR6drPZqqW6wPqLHxX4rqNDWGhYLaMfoaJpump

If we believe everything that was written here https://t.co/g9NdH7aFqu, then this is really good news, Solana needs such a project

This project was supported by many KOLs and generally people with good reputation. Onchain distro looks normal for this class of project

But I found one red flag that overshadows all the pluses of the project. On the official account @world_xyz I didn't find a single mention of the token contract

> My Meteora LP Setup
Until I get verif of the contract, I won't enter the position

[Charlie @btc_charlie]

Literally this.

"Omg you're bearish you must be a homo".

Yeah maybe I fuck men but at least I'm not down 60% from the highs.

(I'm down 100% thanks to the power of leverage).

In seriousness though, why try and catch a falling knife when you can pick it up off the floor...

[Penguin Smuggler @Fattyboonboon13]

Maybe a vol issue due to the liquidity drain from $Blackbull. For now still monitoring.

[Penguin Smuggler @Fattyboonboon13]

Just my personal opinion, I am kinda skeptical about this $Jotchua. Keep ramming into resistance to no avail, a perfectly drawn diagonal support... to me feels iffy.

Sure it is unrelentingly sticking to the upper range but to me - again my personal opinion - feels like bait.

[Penguin Smuggler @Fattyboonboon13]

If you look at weekly, we spent previous week only being able to sweep and SFP the highs. This week so far we have not even been able to sweep anything and not able to close above the swept high.