Low cap MEME coin, good price structure, price events analysis$HONK price history and some events key points for new investors.
1. On the evening of 13 April, Iran launched a drone and missile attack on Israel. Altcoins market dumped hard while $HONK recovers quickly, breaks 33 days downtrend and enters accumulation zone where people are not selling below 0.004800 - 0.004550 for around 22 days.
2. On 8 May, selling was initiated by mainly one big wallet followed by couple other bigger wallets and some panic selling from smaller wallets.
3. $HONK bottoms as it’s ~95% down from ATH, volume (USDT) drops ~3 times, trend reverses to upside and within 10 days price goes up by 300%.
4. Price bumps into major resistance point at 0.008100 where swing traders who bought earlier at the bottom are taking profits. Price falls back into accumulation range.
5. The price is pumped by one wallet (~130k USDT) and later on dumped for a loss.
6. Price is back to accumulation range, low volatility, people are not selling below 0.004550 Supply and demand are about the same.
Which direction $HONK goes?
Bullish scenario. Key things.
1. Price is currently within accumulation range for around 30 days as people are not willing to sell bellow 0.00450 which signals strength. The panic sell was caused mainly by one big wallet which was bought back quickly (positive hands change (300 new Telegram group users within 10 days)). If $HONK continues to stay within accumulation zone and considering bullish market sentiment as majority anticipates bull market to continue with full swing, eventually there should be less supply and more demand which would move price up.
2. $HONK is 5 months old and low market cap. It’s not so immature like few days to be based on extreme speculation and gambling. Yet it’s not so old to have bigger market cap and give less potential upside reward in multiples. It’s 5 months and it has decent price structure: 95% retracement from ATH, bottom reversal, nice accumulation range and as it’s low market cap it has potential of 300x once the bull market fully kicks in and money starts to flow in.
3. Telegram group is shilling on Twitter every day, new exchanges and more marketing within time.
Bearish scenario. Key things.
1. People might sell $HONK as they chase other coins pumping (careful, don’t get REKT). In such case I would expect $HONK price to slowly bleed over time and reach lower price demand/support levels like 0.003200 before bouncing back up.
2. In worse case scenario if Bitcoin experience major pullback below 55k I would potentially see $HONK slowly bleeding down to 0.001850 and forming double bottom on weekly candlestick before going up.
3. How likely for the price to go below 0.001850? Considering bullish crypto market sentiment and anticipation, new money flow in, meme coins leading the way, $HONK having maturity of 5 months, good hands change over the time, good price structure I don’t see price reaching lower bottom (maybe if whole bull market is cancelled, extremely unlikely).
Overall, I think $HONK investment offers good risk reward ratio as in a short to medium term the price might dip lower but in a long term within next 6-12 months it can go up 300x.
Lowcapgem
Maneki price targets. Low cap coinManeki low cap coin on Solana HTX:MANEKIUSDT
Possible Targets and explanation idea
➡️IAP model, how to work with this model already posted idea
➡️Came in to the best zone for accumulation (got reaction +82% spot)
➡️2 signals and confirmations to buy by TradeOn indicator
➡️RSI div on 4h for confirmation entry
➡️Got pure reaction at 0.38lvl by fib
➡️Perfect scenario will be if we will retest best zone to buy again with sweep low
➡️ Invalidation of this idea if we will drop under listing price
➡️ Zone to fix profit for swing trade marked + new ath
➡️ If you wait 1$ for this token you should be realistic with your expectations cuz 98% coins in circulation supply and supply around 8.79 billion
➡️ Most positive targets for me looks like 0.10 or 0.20 cents!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Wagie | Perfect bottom entry, should blast off.Hey, quick update on Wagie, one of my current holdings.
At morning, I had a perfect entry without 0 drawdown and expect it to blast off now.
See you in sky guys!
LunarCrush (LUNR)Lunr price today is $0.3 with a 24hour trading volume of 1 million dollar
LunarCrush provides social insights for cryptocurrencies and Lunr is a utility token rewarded to LunarCrush users for the work they put into LunarCrush
I remember the first time I talked with Joe Vezzani the CEO of the project it was 3 a.m and I loved everything about their team and their mission and they still crushing it
I started investing since the price was 0.14 and I think we going to see much higher prices
targets 0.39 , 0.50
#warena about to #pump just a 3x in Usd and about to break range in BNB valuation.
sub 30 mil done just 3x, that's the whale funding round...
AXPR/BTC Inverse Head and ShouldersRight now AXPR is showing a bullish reversal pattern again the BTC pairing. An inverse head and shoulders. This can breakout against a breaking out BTC. Returns can be massive.
BUY/USDT BULLISH Burency 50MA has Crossed the 200MA in 4H chart. We are in a clear breakout of triangle. Upcoming news with cloud mining and website/exchange reopening after maintenance with new features, etc.
BUY/USDT GOLDEN CROSS INCOMINGBurency is on pace to make a golden cross. This is where the 50 MA crosses the 200 MA upward. Very bullish in short-mid term. This will continue to pay you
BUY/USDT Upcoming Fundamentals, Golden CrossBurency (ticker: BUY , exchange: KUCOIN, SUSHISWAP) has recently tweeted that Cloud mining contracts are loading and that they will be announcing the action soon. The chart currently shows that we are above the 50 MA and the 200 MA was just tested. Although the 200 was not broken through, the price still remains above the 50. There will likely be another retest of 200 and hopefully soon a breakout. If this is the case then we could potentially be seeing an upcoming Golden Cross. This could be a big trade for all.
BUY/USDT HODL ONTO YOUR DREAMBUY/USDT could be ready for one of the biggest reversals in the crypto alt-coin market. The time frame plays out to end of year to Q1 2022. This chart is strictly based on the RSI now trending up after being so far oversold in the weekly that by end of year we could potentially see an overbought. In 1day chart the 50ema is soon to cross the 200ema for a golden cross. This hold is a dream, will it come true?
BUY/USDT MOON INCOMING Burency Global is ready to take off now. It has bounced from support. Activity has increased, we will see more fireworks from this exchange token. See group for signal
UNO/USDT Possible ContinuationUNO/USDT gave a lot of profits already from our previous chart. It not looks like it can consolidate some in the bullish channel it broke back into. If so it can eventually break up and test the top of the channel within the 0.50 -0.60 USDT ranges before recovering heavily. I drew in a likely scenario on the price chart and RSI if UNO was to continue. Currently nuetral until motors have cooled off before next leg up. Stop loss is violation of channel.
PONDUSDT Long: Volume Increasing and Price respecting trendlinePond is respecting its uptrend and looks keens to break weekly resistance this as the buying pressure is increasing with all time high volume on binance. Whales buying it like anything and on verge of massive breakout in USDT pair. Low cap gem which haven’t performed yet but definitely having insane upside potential in coming days. You can buy it now while it’s still near strong support zone. It can pull a 50% from here in no time. Have a good time.
If you like the analysis please give it a like and follow. Thanks.
$JK.V Recharging to attack ATH againTSXV:JK may be recharging to make another attack at its all time high.
We’re recently hit a new ATH with $JK.V as it broke through to a new high of $2.02 on its latest run. Taking a look at it’s current channels - both down and upward - along with the MACD and RSI it looks like we could be in for a retrace back down to the 0.618 of our local fractal @ 1.48, if not a little bit lower (0.786 ??), but ideally crossing dynamic channel supports that intersect with the 0.618 will provide a spring off point.
It would be worth keeping an eye on this one over the next few days to prepare for an entry once support has been found and a bounce has started. Keep in mind that 1.34 could prove a good entry as well if the price decides to head that low.
A few points worth mentioning:
- RSI is on the higher end, just leaving a VERY over bought state.
- MACD is showing that bullish momentum has eased off and may flip into a bearish state soon.
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
Another Absurd Gaussian ChannelThe recent drop has caused this expansion of the channel
What will be the repercussions?
This pair consists mainly of low cap altcoins, we may see huge growth in low cap altcoins soon,
I assume this because the channel is extremely stretched and has extreme room to move
An alternative scenario is we see the death of some low cap alt coins
Its one extreme or the other.
Prosper PROS/ETH - Cheap BUY! LP Staking starts tomorrow!!!
About Prosper
prosper.so
World's first prediction market with the on-chain liquidity aggregation.
Working Product - Currently only 4.5 million tokens in circulation 100 million in total
Partnerships with Binance Smart Chain, Chainlink, Polygon, Avalanche, Polkadot, Tron
Currently in Beta and running prediction mining event on the Binance Smart Chain at beta.prosper.so
LP Staking starting tomorrow April 8th, 2021 - Info here medium.com
Very little marketing / promoting up to now so very much under the radar
PROSPER'S LP staking program
From April 8th, 2021, 410,400 $PROS tokens will be rewarded , in addition to the current staking mining campaign of 291,600 $PROS tokens.
To elaborate, approximately $2,000,000 USD worth of $PROS tokens will be distributed via liquidity pools.
The rewards will be distributed on an hourly basis with a 7 days vesting period from the claim action.
The process will happen on our own platform,
Staking happens on the PROS/USDC pair,
Stakers will need ETH in order to pay the gas fees.
Total reward pool: 410,400 $PROS
Daily reward pool: 9,120 $PROS
Hourly reward pool: 380 $PROS
During the LP staking program, the user may choose the lockup duration, which will reflect on his reward ratio. The lock-up period starts from the moment of staking.
OPTION 1 14 days lock up: x0,75 reward return ratio;
OPTION 2 30 days lock up: x1 reward return ratio;
OPTION 3 45 days lock up: flexible return ratio;
$NEXT & OLCV Sign Term Sheet for CO2 Transportation and StorageNextDecade, Oxy Low Carbon Ventures Sign Term Sheet for CO2 Transportation and Storage in South Texas
today announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2 captured from NextDecade’s planned Rio Grande LNG project in the Port of Brownsville, Texas.
Under the terms of the agreement, OLCV will offtake and transport CO2 from the Rio Grande LNG project and permanently sequester it in an underground geologic formation in the Rio Grande Valley, where there is vast CO2 storage capacity, pursuant to a CO2 Offtake Agreement and a Sequestration and Monitoring Agreement to be negotiated by the parties.
finance.yahoo.com
XRT: The Low Cap Sleeping Giant My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Uniswap's theovoridea -> 1 OvOa = 2 ETH in the next buyback?just a litle trend exercise.... probably not, but... who knows
Next buyback will be hitting on DEC. 15th
Data taken From: andr3.gitbook.io
Blockchain: ETHEREUM ERC-20
Token Contract: 0x96dd2c778fb281294fa9c1d2b8af3b47369306f2
Total Supply: 1,000,000 OvOa
Circulating supply (on Dec. 6th): 1.791,3 OvOa
Nature: Central-controlled deflationary compounder
Marketing and Community Rewards: None
Development Fund: None
Pre-Sale: None
Private-Sale: None
Initial Uniswap liquidity: 4 ETH <-> 40 OvOa
CoinmarketCap: coinmarketcap.com