MEMEUSDT - A meme like support holding it strongBINANCE:MEMEUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $0.022504 and showing strong bounce back from its long tested support around 0.021543
This supported has retested 4 times and two times it bounced back to its resistance level. we are expected the next movement to reach its resistance around 0.029273 range
Long Entry level: $ 0.022504
Stop loss: below $ 0.019500
Target 1: $ 0.024066
Target 2: $ 0.026430
Target 3: $ 0.02933
Max Leverage: 5x
Don't forget to keep stop loss.
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GreenCrypto
MEME
🔥 BONK: Huge Cup & Handle For Massive Profits!In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade.
The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a decently strong area of support.
Target at 10.000 based on the idea that the pattern will break out and make new highs in the future.
Combined, we can create a huge signal with a RR of over 25.
MEME UpdateThe movement of the previous analysis was done well.
Note, the MEME data on the chart is a small data and the analysis may be wrong. It is a meme coin and has its own risks.
It looks like we have a triangle with an extra X branch on the chart.
We enter buy/long position only when this risky coin reaches the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Bearish Pressure for DOGE Starts to Dwindle, Will It Surge soon?BINANCE:DOGEUSDT has been displaying intriguing patterns on the 4-hour chart. Over the recent periods, closing prices have seen fluctuations. These movements, coupled with technical indicators, paint a detailed picture of the potential directions DOGE could take in the near term.
The 9 Exponential Moving Average (EMA) and the 20 EMA have been providing key insights into the asset's momentum. The 9 EMA figures, slightly descending, suggest a tightening in price action. Meanwhile, the 20 EMA values indicate a gradual bearish sentiment building up as the price moves below these averages.
Bears Ease up on DOGE
The Moving Average Convergence Divergence (MACD) further corroborates this sentiment with its latest readings. The MACD values have transitioned from slightly more bearish to a less bearish position over the last few periods, indicated by the histogram turning positive in the most recent period. This subtle shift suggests a potential easing of the downward pressure, though caution is still advised.
The Relative Strength Index (RSI) has also provided valuable input, moving from a low of 29.36 to a more stabilized 39.26. This recovery from near oversold conditions signals a slight increase in buying interest, possibly leading to a bullish reversal if sustained momentum continues.
Given these indicators and the current price movement, the resistance and support levels come into focus. The immediate resistance levels are spotted at $0.1468 and $0.15464, with a more significant barrier at $0.17227. On the downside, support levels are established at $0.13131 and $0.11732, with a crucial level at $0.08969. These levels will be critical for traders to monitor for potential entry and exit points. For bullish traders, a sustained break above $0.13432 could open up tests of the resistance levels, while bearish traders might look for a break below $0.13131 to target lower support levels.
Considering the current market conditions and technical indicators, traders might find opportunities on both sides of the market. The slightly bearish momentum suggested by the EMAs, coupled with the potential for a reversal indicated by the MACD and RSI, presents a complex trading environment. As always, it's essential to consider these indicators in conjunction with broader market trends and news.
🔥 SHIBA Falling Wedge: Bull-Run Break Out!SHIB has seen an incredible run-up in February, but has been consilidating for a couple of weeks now. This signal assumes that SHIB will remain inside the falling wedge and will break out at some point.
Be patient for the break out through the top resistance of the wedge. Signal will be invalidated if the price falls through support.
Stop below the recent swing low, target at 6000 points.
SmurfCat 🍄😺💙High risk !
I am buying this meme token because :
🍄 Real meme with billions of views
🍄 Normies like it and know about it, not forced
🍄 New GIFs every week on GIPHY (400k/v in 2 days)
🍄 Brands like it, easy engagement (microsoft, kfc...)
🍄 Nate the creator of the meme smurfing with us
🍄 Artists joining the movement (Ernest... Alan soon?)
🍄 Whales from based communities (pepe, floki...)
🍄 Available to buy on arbitrum and more soon?
🍄 Nft collection by the orginal artist
🍄 Smurf ai tg bot to generate cool smurfcat images
🍄 Smurfme website to create meme content fast
🍄 Encourage artists to express their talent
🍄 Smurfme bot in tg to smurf images on the fly
🍄 0 Tax token, no team wallet
🍄 Community ran project, truly decentralized meme
🍄 Blue Balls Simulator to help you hold
🍄 Regular contests and prizes for artists
🍄 Encouraging and helping artists to thrive
🍄 Pudgy Penguins got airdropped 2% of the supply
🍄 Ticker has been updated to SMURFCAT
🍄 Tiktok trend still strong in Russia
⚙️ 3D models for NFTs should be out soon
⚙️ Nifty island coming soon
⚙️ Tiktok account with 1m+ follower content soon rdy
⚙️ Tiktok plan to restart the smurfcat trend
⚙️ "The Bridge" to normies for them to buy easily
⚙️ Nate hinting at a potential game ?
⚙️ Youtube offensive being cooked up
⚙️ Other surprises 👀
Smurfcat 2 the moon SMURFCAT MULTI-BILLION THESIS:
🍄 Real meme with billions of views
🍄 Normies like it and know about it, not forced
🍄 New GIFs every week on GIPHY (400k/v in 2 days)
🍄 Brands like it, easy engagement (microsoft, kfc...)
🍄 Nate the creator of the meme smurfing with us
🍄 Artists joining the movement (Ernest... Alan soon?)
🍄 Whales from based communities (pepe, floki...)
🍄 Available to buy on arbitrum and more soon?
🍄 Nft collection by the orginal artist
🍄 Smurf ai tg bot to generate cool smurfcat images
🍄 Smurfme website to create meme content fast
🍄 Encourage artists to express their talent
🍄 Smurfme bot in tg to smurf images on the fly
🍄 0 Tax token, no team wallet
🍄 Community ran project, truly decentralized meme
🍄 Blue Balls Simulator to help you hold
🍄 Regular contests and prizes for artists
🍄 Encouraging and helping artists to thrive
🍄 Pudgy Penguins got airdropped 2% of the supply
🍄 Ticker has been updated to SMURFCAT
🍄 Tiktok trend still strong in Russia
⚙️ 3D models for NFTs should be out soon
⚙️ Nifty island coming soon
⚙️ Tiktok account with 1m+ follower content soon rdy
⚙️ Tiktok plan to restart the smurfcat trend
⚙️ "The Bridge" to normies for them to buy easily
⚙️ Nate hinting at a potential game ?
⚙️ Youtube offensive being cooked up
⚙️ Other surprises 👀
MEME target 0.674h time frame
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Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio here.
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TP: 0.67
SL: 0.0293
SHIB/USDT - BUY OPPORTUNITYA great opportunity for a long term equity growth off this popular meme coin from this buy area; it presents a low risk / high reward as its almost bottomed and has been fluctuating at this price range, accumulation phase, before the bulls take over.
Disclaimer: Trade at your own risk! Crypto is highly volatile and you can lose all your investments without any returns!!!
🔥 FLOKI Insane Cup & Handle Pattern: Fibonacci Entry!FLOKI has seen incredible gains over the last few weeks, gaining over 800% in the last 2 months. However, I think that FLOKI is due to a minor correction. The correction is caused by both FLOKI being incredibly overbought, as well as the fact that it hit it's previous all-time high resistance area.
I'm aiming for a retest of the Fibonacci Golden Pocket area between the 0.382 and the 0.5 retracements, a 30-40 percent correction from here. It might sound like a lot, but if you look at the chart FLOKI has seen multiple weeks where it corrected over 30% in a single week.
Consequentially, this might pose a very good entry point for investors which have been waiting for a good entry.
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc.
As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal.
Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
MEME target 0.0674h time frame
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MEME is creating a potential Cup and Handle structure since reaching 0.057. Target of this CH is 0.067. Furthermore, according to Fibonacci Projection, there is a projected target from 0.382 to 1.382, which pump momentum will push MEME to 0.067. Structure and Fibonacci both point that 0.067 is the critical resistance, that is 'target resonance'.
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TP: 0.067
SL: 0.040
PEPE Manipulation ShakeoutShakeout: PEPE recently made a sharp decline, breaking through the lowest level on the chart.
This movement was probably artificially created to force out weak hands and leveraged traders.
Double bottom: After the shakeout, PEPE formed a double bottom pattern. This pattern often indicates a trend reversal and a possible price increase.
Liquidity manipulation: A sharp decline and the subsequent formation of a double bottom pattern can be a manipulation to force traders out of the market and capture their liquidity.
This article will delve deeper into identifying various chart patterns indicative of market manipulation, providing you with the knowledge to protect yourself and make informed trading decisions.
1. Pump and Dump Schemes:
Pump: A coordinated effort to artificially inflate a coin's price, often through social media hype and fake news.
Indicators:
Rapid price increase: Unusually sharp and sustained price increase without significant news or market events.
Low trading volume: Price rise accompanied by low trading volume suggests artificial inflation.
Social media frenzy: Coordinated social media posts and endorsements promoting the coin.
Dump: Once the price reaches a desired level, the manipulators sell their holdings, causing the price to plummet.
2. Wash Trading:
Fake trading: Creating the illusion of high trading volume by buying and selling between controlled accounts.
Indicators:
High volume with low price volatility: Large trading volume without a corresponding change in price suggests wash trading.
Spikes in trading volume: Sudden and unexplained spikes in trading volume may indicate wash trading.
Order book imbalance: Uneven distribution of buy and sell orders, with a significant imbalance favoring one side.
3. Fake Breakouts:
Manipulation: Creating a false impression of a breakout to trap traders into buying or selling at manipulated prices.
Indicators:
Low volume breakouts: Breakouts accompanied by low trading volume are often false.
Retracement after breakout: A sharp retracement following a breakout suggests a false signal.
Failed retests: Inability to sustain a breakout level after a retest indicates a weak breakout.
4. Stop Loss Hunting:
Manipulation: Driving the price towards stop-loss orders to trigger a cascade of sell-offs and further drive down the price.
Indicators:
Price movement towards support/resistance: Price approaching significant support or resistance levels where stop-loss orders are likely placed.
Sudden price spikes: Sharp and unexpected price movements may be attempts to trigger stop-loss orders.
Increased trading volume: Spikes in trading volume coinciding with price movements towards stop-loss levels.