$FLOKI Set to Surge – Don’t Miss the Boat! I bought FLOKI here, as it seems to be lagging behind $DOGE.
I would have preferred to enter closer to 0.00021, but things are starting to pick up now. I’ll consider adding more if it dips or if it breaks the trendline. It’s a simple setup, especially since CRYPTOCAP:BTC is still ranging for now.
Crytomarket
$LADYS: Strategic Entry into Emerging Meme CoinMilady Meme Coin ($LADYS): Strategic Entry into Emerging Meme Coin
Milady Meme Coin (LADYS) is a crypto in the CRYPTO market. The price is 1.18896e-07 USD currently with a change of -0.00000 (-0.15307%) from the previous close. The intraday high is 1.40439e-07 USD and the intraday low is 1.18483e-07 USD.
Trade Setup:
- Entry Price: $0.0000001013
- Stop-Loss: $0.0000000693
- Take-Profit Targets:
- TP1: $0.0000001714
- TP2: $0.0000002506
Fundamental Analysis:
Milady Meme Coin (LADYS) is a meme-inspired cryptocurrency that has gained traction in the digital asset space. Recently, LADYS was listed on major exchanges such as KuCoin, increasing its accessibility and trading volume.
Technical Analysis:
- Current Price: $0.0000001189
- Moving Averages:
- 50-Day SMA: $0.0000001050
- 200-Day SMA: $0.0000000950
- Relative Strength Index (RSI): Currently at 65, indicating approaching overbought conditions.
- Support and Resistance Levels:
- Support: $0.0000001000
- Resistance: $0.0000001500
Market Sentiment:
The meme coin sector remains highly volatile, with LADYS experiencing significant price fluctuations. The recent exchange listings have contributed to increased interest and trading activity.
Risk Management:
Implementing a stop-loss at $0.0000000693 helps mitigate potential losses, while the take-profit targets of $0.0000001714 and $0.0000002506 offer favourable risk-reward ratios. Given LADYS's volatility, strict adherence to these levels is crucial.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
BTCUSD | Trade idea
BTCUSD Performance: BTCUSD pulled back after reaching a minor top around $65,000, hitting a high of $65,103 and currently trading around $62,500.
Rate Cut Probability: The probability of a 25 basis point rate cut in September increased to 71.50% from 71% a week ago (CME Fed watch tool).
BTC ETF Inflows: BTC ETF saw an inflow of $202.51 million, with BlackRock attracting $224 million.
US Markets: NASDAQ, which has a negative correlation with BTC, is bearish but neutral for BTC. NASDAQ is trading weak ahead of Nvidia earnings; a close above 20,000 could push it to 20,500.