1D PEPEUSDT Potential Sell ZoneOn the daily chart for BINANCE:PEPEUSDT , there's a clear double top formation around the 0.00957 level, signaling potential exhaustion of the upward momentum. The price has tested this resistance area twice, failing to break higher, which suggests a reversal could be on the horizon.
The supply zone around 0.00957 coincides with a key monthly high, creating a strong ceiling for the price. If this resistance holds, I’m expecting a drop towards the demand zone at TP1: 0.008053 and potentially further down to TP2: 0.006967.
Entry Point: 0.0095708
TP1: 0.008053
TP2: 0.006967
Stop Loss: 0.010034
The double top pattern, combined with the overbought conditions on the RSI, indicates that bearish momentum could soon take over. The market might primed for a correction after failing to break the supply zone.
I’ll be closely watching for price rejection in the supply zone and a continuation of the downtrend towards TP1 and TP2. If momentum slows at TP1, I'll take partial profits; otherwise, I’ll hold for a deeper retracement into TP2.
Always trade at your own risk with a money you can lose.
MEME
ANDY: Constructive Price Action – Will It Pull a PEPE?Giving this one a shot. $ANDY
Things are setting up for a potential breakout after the third attempt at the trendline.
Focus should be on price movements within the descending pattern to determine if it’s worth taking the trade.
If a stock or asset shows no signs of life, it might be best to remove it from the watchlist. You want to see a strong inclination towards the descending trendline with a few tests.
Brett (BRETT/USDT) TECHNICAL ANALYSIS + PRICE PREDICTIONTechnical Analysis by Blaž Fabjan
Price Movement:
The asset shows a clear downtrend, followed by a short period of consolidation, and it is now breaking through a resistance level.
There is a marked bullish pattern, indicated by the breakout from a flag/pennant formation (shown by the blue upward line). This is often a continuation pattern signaling that the prior trend may resume after the consolidation.
Resistance Level:
There is a horizontal resistance line that has been marked. The price seems to be challenging this resistance after breaking out of a small downward consolidation channel (the flag pattern).
Indicators:
VMC Cipher B Divergences: This indicator shows a bullish divergence (green dots). The blue wave in the oscillator indicates increasing bullish momentum, which supports the potential for an upward move.
RSI (14): The RSI stands at around 52.62, showing neutral to slightly bullish conditions. This leaves room for a potential upward move without being in overbought territory.
Stochastic RSI (14,3): The Stoch RSI is currently at 62.37, showing that there might be a slight pullback in the short term, but overall, it is still in a favorable range for buying as it is not overbought.
Trading Plan:
Entry:
Based on the breakout above the resistance line and the upward momentum, the chart marks a "good buy option" point right after the breakout of the downward consolidation channel.
An entry around the current price of 0.0880 USDT would align with this technical signal, as it is near the breakout zone.
Stop Loss:
A safe stop loss could be placed just below the recent consolidation low at around 0.0700 USDT. This level would invalidate the bullish setup if the price were to fall below it.
Take Profit:
The target for this move could be aligned with the previous swing highs. The chart suggests a potential move toward the 0.1000 USDT level, which could be a conservative take-profit point based on the prior trend.
If momentum continues strongly, the next possible target could be at 0.1100 USDT.
Risk/Reward Ratio:
Entry at 0.0880 USDT, stop loss at 0.0700 USDT, and take profit at 0.1000 USDT gives a risk/reward ratio of approximately 1:2, which is a reasonable trade setup.
Conclusion:
This chart suggests a potential short-term bullish opportunity for BRETT/USDT, particularly if the breakout is sustained. Based on the current indicators, a pullback could be expected, but the overall trend points towards upward momentum, making it a good buying opportunity if proper risk management is applied.
SPX6900 and Project AEON probably moonsIf we could harness the power of God, could we flip the S&P500 ?
Deep within the clandestine vaults of SPX6900 Labs, a radical research experiment codenamed "Project AEON" sought the answer to this question. But then, the unexpected happened. A phenomenon known as a quantum glitch occurred, sparking life into 3333 Aeons - beings neither of this world nor wholly apart from it
PEPE - Emerging from the ShadowsAfter the initial reaction at 0.00000650, I expect the price to move directly to the range high or at least reach 0.00000890. CRYPTOCAP:PEPE
Although the optimal entry point was at the wick retest, this scenario remains valid.
Keeping simple after the Monthly Reclaim...
CAT: Ready for the Next Big Leap?Many assets are currently in a phase of either correcting by double digits or potentially starting a strong uptrend. By 'most,' I mean the early movers in this cycle, including meme coins, some AIs, and the Solana ecosystem. Real-world assets (RWAs) are also part of this group. For now, I'm avoiding other areas.
Setup: NYSE:CAT
Targeting longs on a retest of 0.000025, with a potential entry as low as 0.000023.
I’ll manually exit if the price falls below this range.
I need this to be executed by Wednesday!
Popcat 4H chartmarked out the essential points on the chart , popcat is one the community driven meme on solana , liquidity below the line is very important , if it doesn't close above the states wick then we are heading down for sure , if btc does not nuke more here then popcat will have strong momentum
MEME PUMP 100%?Everyone already knows about the meme-coin sector. Right now, I see a very promising global situation: the target is over 100%. It's also clear that there has been significant volume unloading at the bottom, so now we can confidently grow upwards. As always, I've shown the details on the chart.
TSLA cybertruckin' it to $243-$258 price range - 4-5 Elliot WaveNASDAQ:TSLA drawing a 4th to 5th Elliot Wave potentially all the way to the $243-$258 price range
Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation, and trendlines, but mostly the Elliot Wave when I see it straight out of Ralph Nelson Elliots playbook..
Invest smart, invest hard.
Boost my post if you like this idea 💡
Also follow and subscribe for more uproars. Let's spread the word together.
Roaring Puppy 🐶 out.
NASDAQ:TSLA
Dogecoin (DOGE) - Will DOGE lovers finally be rewarded?Things have not been as exciting as most cryptocurrency enthusiasts would have thought, especially for CRYPTOCAP:DOGE . At just 3x from this year's low, it is to date one of the worst performing memes. Let's take a look at what Dogecoin might have in store.
Macro View.
Everything remains intact on the monthly and it just regained lost support on the weekly. Many probably missed the yearly opening retest at $0.09 hoping to get a perfect retest of that level, only to be left out!
Price trading above $0.12 over the next three weeks will present a change in trend and print a new bullish signal
Once it reaches $0.17, things will start to pick up momentum, as that would be the last level for the bears to defend before a nice push towards $0.33.
Actions to Take:
Bid at $0.12 for a turn towards $0.17.
Invalidation below a daily close of $0.114.
A rather slow trade, so be patient!
POPCAT - The CAT that just keeps on GIVING!!Let’s revisit $POPCAT, which has delivered excellent returns and continues to show promising price action.
First Setup: I’m looking to enter at the monthly level and on the reclaim of the red line (pivot area). If the market maintains enough strength, this level should hold.
Second Setup:
This comes into play if the market remains indecisive and needs to retest lower to validate the recent up move. I plan to re-enter at the mid-level, which aligns with a significant macro pivot area on the chart.
I prefer the second setup as it carries less risk and offers a cleaner entry, but the first setup remains a backup if the market shows strength and starts making new upward waves from here.
Place your bets and let the market dictate the moves.
$Bitcoin needs to behave above 60k :)
A Good Entry Point to Buy Milady Meme CoinHello everyone, I've been waiting for the market to get ready and a good entry point to appear, and as of August 27, 2024, that time has come.
Liquidity has been gathered, and the largest areas of trader stop losses have been liquidated on Bybit and BingX.
I believe the path for growth is now open.
I've bought in with funds I'm willing to lose.
If a rise occurs, I think the chart will look similar to what we saw with Turbo:
#ladys #ethereum #meme #memes #memecoin #nft #nftcollection
Charts:
WIF - Bulls need to STEP UP here!Probably the best possible setup that has been presented in the last few days. I was looking forward to this recovery and retesting $1.5.
As long as it stays above the level, things will be bright. Below and I should start to cut the trade.
Momentum should build above $1.63, but I decided to take the trade now as I have a clear invalidation zone in case it turns against me.
Popcat - Can the cat bounce?Have a good feeling about this coin.
Great performance in comparison with recent memes.
Will try to buy as close to 40c in anticipation of a higher low.
Overall market still undecisive but there a few clear opportunities and I see Popcat as one. Already mentioned RUNE as a long term play and obviously SOLANA.
Keep in mind BTC needs to hold above 54-55k or things go from neutral to extremely bearish.
SL: Will manually close this one if it fails.
#MEME On the Edge of a Major Breakout From the Falling WedgeYello! Are you ready to catch the next big move of the #Memecoin? Let's look at the latest analysis of the #MEME and see what's happening:
💎 AMEX:MEME is currently showing strong signs of a bullish continuation from a critical support zone at $0.0098. We've been keeping a close watch on #Memecoin as it moves within a falling wedge pattern, and now it looks like it's gearing up for a potential breakout above the descending resistance line. The internal resistance at $0.016 is the next target on the radar for #MEME.
💎If #MEMEUSDT holds steady at this level, we could be on the brink of a significant bullish rally, much like we've seen in previous trends. A breakout above the key resistance at $0.016 could pave the way for a run towards the next resistance zones, and possibly beyond.
💎But remember, caution is key. If the momentum weakens at this crucial support, we might see a pullback to the lower support area around $0.0080-$0.0088.
💎Stay alert and closely monitor the AMEX:MEME price action. A daily close below this demand area could invalidate the bullish setup and lead to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴