Memetic / PepeCoin Higher Highs Memetic does look pretty awesome from the technical perspective, it has been bouncing off the 200 Moving Average for an extended period of time after which it broke above the $0.4 resistance and now there is clearly a higher highs, higher lows pattern.
After breaking above the $0.4 resistance price retraced back and rejected the uptrend trendline. Currently, it seems that MEME/USD is ready to continue the uptrend and a new all-time high should be just around the corner. The first target is seen at $2.5 where 161.8% Fibonacci retracement, applied to the latest corrective wave down. On a downside note, only break and close below the 200 Moving Average would invalidate bullish outlook.
MEME
DOGE 2 MOON?Do you like dogs, gambling, internet memes and unsustainable pumpage?
TraderTravis originally called this out and he's wayyyy better than me so it maybe safe (read he's actually a pro, not an IT nerd who owns a paid TradingView account). When looking I threw out some historical lines and weekly macd.
There's new and exciting privacy based coins now so that can take some shine off an old hand like doge. Yet that said chart don't lie when Doge picks up it can pump hard.
Also check this out "Thanks to crowdfunding efforts, a gold coin representing the cryptocurrency is scheduled to reach the Moon's surface in 2019.". So how's that for some damn community support.
No more than 5% of your crypto on this one, keep stops close. I'd be looking to lock in some early gains, then let the rest run and see what happens! See graph for target 1 and 2. Nothing wrong with even netting some profit at 27 sats if you're a bit worried.
To me the whole market is rising and you're unlikely to loose any fiat currency even if it hits stop and u loose out btc comparison. As I said, keep it a low, play realatively safe and see what happens! As a tip digibyte is in a similar position atm, but I like doge more, just because well .... doge.
MEME 1H Timeframe Chart 15 December 2017So, as we've posted this one yesterday already, we need to update it.
It's in a falling wedge and seems to have found support on the lower level instead of the charted one yesterday.
In this one for a swing. If it drops down, use a stop/loss!
MEME 1H Timeframe Chart 14 December 2017Memetic, a nice swingtrade coin.
This one will retest the support soon, checking if it might go up for a new leg. I'm not that bullish on this one, as on the previous pumps, it dropped down back to the earlier resistance (new support) level. If it does breakout, we can expect another pump.
Reasons for negativism: RSI is not turning high or above 50. MACD is also negative and experience.
Let's see. If it drops, I'll be buying the support zone and wait for another jump. Otherwise I'll buy the breakout.
MEME to the moon, Classic Elliot WavesClassic Elliot Waves analysis, we've seen correction A B C not its time for the moon. Elliot waves never get wrong
Daily Trade - MEME, Bittrex | On TA Analysis, profit and wishfulDaily Trade - MEME, Bittrex and on TA Analysis, profit and wishful thinking.
Yesterday I posted a TA about a possible MEME (Memetic) coin breakout.
Just a few moments later, market turned in the other direction and there went my analysis down the drain.
This is part of the game. No single trader or analyst is right every single time. I don't have to say that right?
Well, the present analysis is a redemption on the last one. It seems that MEME finally slowed the down trend run, found support and has 3 indicators favorable for an up trend run. Will we see the entirety of the potential up trend run? Difficult to say but lets recap:
a 13 hour down trend slowed down on its last 5 hours and found support at 61.8% of fibonacci retracement
a fat green candle pushing the price up and waking the bulls, the frightened traders sell immediately preventing the price to go up
before the MACD crossed the signal line upwards, we already saw the next big green candle pushing the prices up
RSI at 52 has enough room for a big run up.
we have a possible resistance point at 7400 sats (around 12% up from the time of this post)
-EMA and MA are at the crossing point were EMA 10 will cross above the other 2 on the next couple of hours.
I have drawn a few possible up trend lines to have an idea of possible duration of the bullish run. Also, on the wishful thinking department I included a fractal shadow of the indicated previous bull run, just for entertainment purposes, technically believing in it is the same as betting in coincidences.
So what do I think? I have my money in it. I want MEME to break the 8400 ceiling. That's also wishful thinking but with a tad of educated guesses based on fancy tools and wordy explanations.
Remember, this is not financial advice. Invest and trade at your own risk. NOBODY is right all the time. They only have to be right a few times and have a great strategy and risk management to make money. Be careful, invest at your own risk.
Crypto Day Traders Club
is a Facebook group I created for likeminded individuals who are serious about day and swing trades. Not a place for people looking for easy ways to make money. There people work hard to make their buck, good bucks. We share trading insights, techniques, opportunities. Fundamental and Technical analysis ideas and facts. Always backed up by accordingly explanation, no posts or comments that don't add value to the subjects discussed.
PTOY MENOY! DoodleBob set to erase Patientory profits!Classic descending triangle forming on PTOY with restriction of volume as time goes on. Long term, PTOY holds profits based on fundamentals but right now we're looking to head back to where we were before the latest rally. If the descending triangle target holds true, our target should be around .000075. 4HR MACD is also trending down, indicating further downward movement.
This shouldn't be a shock considering the current direction of the market.
Dogecoin moon incoming :) get ready to blast off! I see a lot of bullish movement coming in good old dogecoin .
Bullish macd cross
Fall onto major support zone
Rsi showing oversold on the weekly
Breakout in Price discovery
Long history of use and semi big community
amazing branding with the use of a internet meme :)
I bought some and will be posting updates as the story unfolds!
Checkout my cryptocurrency VIP prediction course / chat lounge + signals service links in the bio
Thanks for the feedback as usual!!
NAUT/BTC The dead shitcoin pump part 5.NAUT is one of the most dead shitcoins on poloniex.
Still will pump.
9 MORE SEASONS MORTYYY
