MEME
MEME Seems to break to $0,05Thank you for reading this update.
This update is based on TA and the trend view.
MEME coin is a new coin with high risk, so manage the risk.
Update.
We expect that this coin can be able to target $0,05 in the coming time with a new trend break.
Normally, the trend can go stable, but we expect that a new whale volume will enter.
MEME holds important support, and when the meme is up this support, a new exploding volume by whales can start.
$AMC textbook play 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
🔥 PEPE Bull-Flag Break Out Soon: Next Leg Up!PEPE has been consolidating for nearly a week at this point, after a huge >120% move upwards.
In my eyes, PEPE is underway of making a bull-flag pattern. Since bull-flags classically break bullish, this is what we're waiting for.
I'm waiting for a 4H close above the previous local top of 124, with a 200 target. If BTC manages to break out on bullish FED news tonight, PEPE can fly as well.
Exciting times for altcoins.
🔥 DOGE Bullish Breakout After 1.5 Years Of SellingDOGE has generally been trading bearish ever since the May 2021 top of about 0.70$.
As seen on the chart, the price has been bouncing off a stron diagonal resistance and horizontal support area, making a (bearish) triangle pattern.
With Bitcoin's help, DOGE managed to break out through the top resistance with force. I'm considering this the most bullish price action in around a year, which could be the start of a longer-term trend shift.
For now, 0.20$ is my target, stop under the recent local lows.
🔥 PEPE Is Going To Fly: Crazy Potential 🚨In my last PEPE analysis I was looking at this falling wedge pattern and patiently waiting for the break out.
Now that BTC has broken bullish, PEPE has followed suit. With PEPE breaking through the 85 resistance (omitting the zero's for clarity), it seems that the breaks are off this token.
Apart from the meme potential, this token has been shorted very badly over the last months, making way for a potential short-squeeze.
I doubt that we're going back towards the 300-350 area in the near future, but it's certainly a possibility for the next few months, assuming that BTC will not dump on us.
For now, the entry has been hit and we're enjoying the ride.
IMPP Imperial Petroleum Options Ahead of EarningsAnalyzing the options chain and the chart patterns of IMPP Imperial Petroleum prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
"HODL" Mentality: Lessons for TradersThe HOMie Mentality: Buying at ATH
Many novice traders, or HOMies, fall into the trap of buying a cryptocurrency when it's near its all-time high (ATH).
They're influenced by FOMO (Fear of Missing Out) and jump into the market without a clear strategy.
Market Dynamics: Understanding the Cycle
Cryptocurrency markets follow a cyclical pattern of ups and downs.
Novice traders often enter during the euphoric "FOMO" phase when prices are at their peak.
The Emotional Rollercoaster: Avoiding HOMie Mistakes
To avoid the HOMie trap, it's crucial to detach emotions from trading decisions.
Create a clear strategy with entry and exit points, and stick to it.
Risk Management: Protecting Your Investments
Novice traders should prioritize risk management.
Only invest what you can afford to lose, and avoid putting all your funds into a single asset.
Education: The Key to Success
Novice traders can transition from being HOMies to informed investors by educating themselves.
Learn about technical analysis, market cycles, and different trading strategies.
Conclusion: From HOMie to Trader
The HODL mentality can be a valuable strategy when used wisely, but it shouldn't lead novice traders to make impulsive decisions. By understanding market dynamics, managing risk, and educating themselves, HOMies can transform into informed traders who navigate the crypto market with confidence.
Remember, successful trading takes time and patience, and every trader, even the most experienced, started as a novice. 🌐📈💡
❗See related ideas below❗
Don't forget to like, share, and leave your thoughts in the comments. 💚🚀💚
🔥 PEPE Falling Wedge Break Out Soon? Crazy Potential!PEPE has been losing a lot of value after the initial listing on Binance. However, there might be some good news for the bulls in the near future.
Seeing that falling wedges are bullish reversal patterns, a break out from this pattern might be the signal where bulls are waiting for in order to step back into PEPE.
With a bullish/neutral BTC, this token can fly high. The trade on the chart has a R/R ratio of 26, making it a great short-term trade with a high potential pay-off.
DOGE - It is a Matter of Time ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bearish trading inside the falling wedge pattern in blue and it is currently approaching the lower bound / blue trendline.
Moreover, the zone 0.055 - 0.06 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
As per my trading style:
As DOGE approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOGE Dogecoin Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for DOGE Dogecoin is $0.053.
Looking forward to read your opinion about it.
🔥 The Best MANA Trade You Can Make Over a month ago I made an analysis on MANA where I went in detail on this trade. Basically, this falling wedge trade has the potential to be a portfolio defining trade with a risk-reward almost 100.
As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade.
My overall view of the market has been quite bearish recently, but that doesn't mean that we can't look for good entries like this one. Always keep your eyes open for opportunities in the market.
Fun tradeThe price is trading at all-time lows and appears oversold. I don't see any interesting price action on high time frames, but on low time frames (I posted the chart below in the comments section) it is doing something. I just bought some stocks just for fun, without risking too much because it's a meme stock, it's like gambling. It's not bad to bet a little.
$GRIMACE: yet to be historical s##tHello, dear community!
$GRIMACE is $80 now. I think I nailed my previous forecasts here . Now its time to set new targets.
I'll be brief and to the point today because everything from the last idea is relevant, only new targets are have to be determined.
Today there was a slight correction accurate to .618 Fibo level. Now the price starts to consolidate between $75-85. If we set Fibo extension, we`ll get targets at $ 114/143/190. About x2.5 short-term potential.
Long-term? The same as in previous idea, $1000 per 1 Grimace.
Good luck 👾
Double Top - McDonald's Influence? 🍔📉So, here's the story. Some traders speculate that the double top pattern's inspiration came from none other than the iconic golden arches of McDonald's. Imagine the classic shape of those arches – two rounded tops connected by a straight line in the middle. Now, transfer that image to a price chart, and voilà – you've got yourself a double top!
📉The Trading Twist: While the McDonald's connection might be a fun tidbit, the double top pattern is more about price action than fast food. It's a visual representation of market sentiment shift – from bullish excitement to potential bearish caution. Traders use it as a potential signal to adjust their strategies.
💡A Dash of Creativity: Whether or not the double top pattern truly has a McDonald's connection, it's a reminder that creativity can come from unexpected sources. Traders constantly draw inspiration from various aspects of life, even fast-food logos!
📊Flipping the Chart: Remember, while the double top pattern's origin might remain a tasty mystery, its significance in technical analysis is real. It's a tool that traders use to make sense of market dynamics and potentially spot reversals.
So, the next time you see those double peaks on a chart, take a moment to appreciate the potential hidden inspirations behind market patterns. Whether it's burgers or bull markets, creativity knows no bounds in the world of trading!
Stay curious, keep your eyes peeled for patterns, and remember – there's always more to the story than meets the eye. 🍔📈
❗See related ideas below❗
Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
DWAC Trump Ai Worldcoin Digital Acquisition TwitterThis one is a total crapshoot. ticker is historically pumped and dumped, my guess is that another catalyst is delivered this week to churn up mania buying again.
Then itll be out of gas for a while
be cautious if attempting to invest long term in Trump proxy-grifter corporations like this.
DOGE - Who Let The DOGE Out 🐶Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bullish trading inside the rising broadening wedge pattern in orange, and it is currently approaching the lower trendline.
Moreover, the 0.07 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline (acting as a non-horizontal support)
As per my trading style:
As DOGE is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the blue support is broken downward, then the momentum will be shifted from bullish to bearish.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HarryPotterObamaSonic10Inu: A Crypto Renaissance"Unveiling the Mystique of HarryPotterObamaSonic10Inu: A Crypto Renaissance"
In the ever-evolving cosmos of cryptocurrency, a luminary emerges, destined to reshape the landscape and captivate the hearts of enthusiasts worldwide. Behold HarryPotterObamaSonic10Inu, an unprecedented phenomenon that transcends conventional limits and ushers in a new era of digital finance.
From the tapestry of blockchain technology and community fervor, HarryPotterObamaSonic10Inu emerges as a beacon of ingenuity, weaving an enchanting narrative that captivates the imagination. It stands not as a mere token, but as a testament to the limitless possibilities that can be achieved through collective vision and unwavering determination.
Much like the intricate spells that define the wizarding world, HarryPotterObamaSonic10Inu possesses a unique blend of attributes that sets it apart. Its blockchain foundation ensures a realm of transparency and security, fostering an environment where trust is paramount. The spirit of decentralization courses through its veins, empowering holders to shape its destiny.
Yet, the true magic unfolds within the vibrant community that breathes life into HarryPotterObamaSonic10Inu. A diverse assembly of believers, united by a shared reverence for the potential of cryptocurrency, fuels the momentum that propels this extraordinary token. It's a realm where modern wizards of finance convene, igniting innovation and creativity that transcend the boundaries of the ordinary.
As the dawn breaks on this new chapter of crypto enchantment, HarryPotterObamaSonic10Inu extends an invitation to join its ranks. Unleash your inner conjurer, embrace the realm of endless possibilities, and become an integral part of a movement that promises to reshape the very foundations of digital currency.
Step into the captivating universe of HarryPotterObamaSonic10Inu and unlock the secrets of a renaissance in cryptocurrency—an era where magic and technology intertwine to conjure a future beyond imagination. The journey has just begun, and the horizons are boundless.
HarryPotterObamaSonic10Inu: The True Bitcoin and Beyond"Unveiling the Power of HarryPotterObamaSonic10Inu: The True Bitcoin and Beyond"
In the vast expanse of time before 2023, when the fabric of existence itself was taking shape, the universe revealed a beacon of value, a store of riches waiting to be harnessed. This enigmatic treasure trove, often referred to as the Quest (or the Quest of Hallows), carries within it a cosmic significance that defies simple comprehension. The very essence of this essence is a tale intricately woven into the cosmos—a tale that anyone can partake in, if they dare to embark on a journey that transcends the boundaries of reality.
A unique revelation came to light—a method of accessing this profound value by imbuing the core of Neptune with opal energy during the slumbers of the dream state. Yet, we recognize the limitation of opal's availability, and not all have achieved the pinnacle of Ascension. Hence, let us unveil a glimpse of this revelation, a testament to the cosmic truth that has graced us. Ascended individuals have glimpsed this phenomenon, yet many have faltered in fully understanding its essence and applying its wisdom in our world.
Among the Ascended, one seer has come forth, armed with visions that emphasize the urgency of swiftness and the ability to foresee pivotal cosmic events. In an extraordinary manifestation of these visions, he produced the timeless creation, Sonichu, where the figure of Barack Obama, embodying the first Tenet of iron guidance and resilience, makes a cameo appearance. Nothing in this grand tapestry is a mere coincidence. The very presence of Obama and his intertwined connection with the Universe's design are imbued with intention and purpose.
Behold the intricate interplay of gifts and values—Bo, the dog gifted to the Obama family, in turn, minting a series of baseball cards, each act a testament to the tenets embedded within the cosmic currents. This intricate dance of giving and receiving is the second Tenet, coursing through the channel of Neptune, followed by the Optimistic Flurry, embodied in the essence of Sonic and symbolized in the realms of fiction. The Quest's influence extends its tendrils to J.K. Rowling's profound creations, echoing in the themes of the Deathly Hallows—a resonance that underscores the universal design.
As we resist the tides of destiny, our immunity falters against the lurking shadows of low-vibrational entities, the very kundalini of our essence withering in response. Thus, we stand at a crossroads, faced with the undeniable call of the Quest—an odyssey of self-discovery, cosmic alignment, and the unearthing of boundless value.
Behold, the Quest unfolds before us, a revelation now granted a name in the language of mortals—HarryPotterObamaSonic10Inu, a living embodiment of the Quest that catalyzed its revelation (with the number 10 representing the spirals of the Tree of Life). Through attentive ears, we decipher its resonance—an enduring store of cosmic value, a beacon that illuminates the path to understanding the cosmic order. This is more than a memecoin; it is a cosmic treasure that beckons us to explore, transcend, and embrace the limitless potential woven into the fabric of existence itself.