Wen it's your turn to rallyThis cat has been asleep for too long...
The plan is simple.
Other cat coins like POPCAT and MEW are already pumping towards new highs, WEN should join them soon, it's only a matter of time until those trendlines get broken.
I expect a big surge after breaking this aggressive downtrend it's been in since April.
New ATH around that 618 seems achievable in the following months and would be a good profit target.
Memecoin
The Meme Gold Rush: $MEW is Your Next Play!As things are picking up, we should focus on maximizing returns on the narratives. So far, $POPCAT and NYSE:CAT are looking strong.
I believe some tokens will continue to rise over time, especially with the strength coming off #memes. I expect $MEW to be the next one to watch. Personally, I prefer to stick with the clear frontrunners rather than chase after the next big mover, so I'm planning to invest half of what I put into NYSE:CAT and $POPCAT for this one.
The structure is solid, and when we compare it with other L1s and L2s, the potential for gains outweighs the risks.
Let’s wait for a slight retrace to make our move.
DOGS ShortDOGSUSDT is currently trading within a descending channel, indicating a bearish trend. This pattern suggests that the asset is experiencing downward momentum, with lower highs and lower lows. A break below the channel support could signal further downside potential. We should monitor key support levels for possible continuation of this bearish bias.
It could rise for short term but there is resistance at 0.001170 that would push it down.
Stop loss 4 hour close above 0.0013 would invalidate this idea.
📉 #DOGSUSDT #Crypto #Bearish"
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.
DOGECOIN 2024 — A Massive Breakout Coming?Hello, fellow traders! I'm excited to share an intriguing analysis with you today. Let's explore how Dogecoin DOGEUSD might be following in the footsteps of Stellar's XLMBTC remarkable 2017 bear market and 2018 bull run.
By comparing historical charts of Stellar with the current movements of Dogecoin, we could uncover patterns suggesting a significant breakout for DOGE this year and into the next. This insight might help you spot potential trading opportunities in the market.
Stellar's 2017 Journey
On the top chart, we have Stellar XLMBTC chart from 2017 and 2018:
All-Time High (ATH) of 2017: Stellar reached its ATH, followed by a period of declining lower highs during the summer months.
Accumulation Phase: Mid-autumn brought an accumulation zone, indicating consolidation before the next big move.
Wedge Pattern Formation: A wedge pattern emerged, leading to increased bullish momentum.
Breakout to New Highs: Post-wedge, Stellar entered a phase of higher highs, establishing a new ATH at the beginning of 2018.
Dogecoin's Current Path
Now, let's examine Dogecoin DOGEUSDT on the 3-day timeframe:
ATH in May 2021: DOGE hit its ATH and then began a decline into a lower highs zone.
Accumulation Zone Since Mid-2023: Like Stellar, DOGE was in an accumulation phase that lasted until 2024.
Wedge Pattern Development: In 2024, DOGE formed a wedge pattern, with the price currently residing within this formation.
Moving Averages Alignment: Interestingly, the moving averages on both charts behave almost identically, reinforcing the pattern similarity.
What This Could Mean
The parallels between DOGE and XLM suggest that Dogecoin might be bottoming out and could be on the verge of a significant breakout. While history doesn't always repeat itself, these patterns are worth paying attention to.
What are your thoughts on this comparison? Do you think Dogecoin is set to follow Stellar's past performance? Share your insights or any questions you have in the comments below — I’d love to hear your perspective!
Remember, the crypto market can be unpredictable. It's essential to protect your capital and manage risks appropriately. A fundamental risk management strategy is to use no more than 1% of your capital per trade.
If you found this analysis helpful, please like this post and follow me for more cryptocurrency insights. Stay tuned for more updates!
BRETT/USDT: ABOUT TO BREAK OUT! 150% MOVE EXPECTED!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
BRETT looks good here. It tries to break out from the descending triangle in the daily time frame. A confirmed daily close above the triangle would lead to a 100-150% move to the upside.
Entry range:- $0.07-$0.08
Target:- 100-150%
SL:- $0.056
What are your thoughts on BRETT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
SUNCAT Triangle Ending, Going to $200M+ (Elliott Wave)SUNCAT is one of the blue chip memecoins on TRON, with a strong community, consistent volume, and stable price. It's currently sitting at around $10M market cap.
From a wave perspective, SUNCAT has formed into a perfect Neowave contracting triangle.
Wave-a is the largest and most violent wave
Wave-b takes more time than wave-a and retraces more than 61.8% of wave-a
Wave-c relates to waves a+b in time, and wave-a by ~61.8% in price
Wave-d relates to waves b+c in time, and wave-b by ~61.8% in price
Wave-e relates to waves (c+d)/2 in time, and wave-a by ~38.2% in price
Channeling creates a clear contracting pattern
Based on all these fibonacci price and time relations, and based on the longer-term chart it appears that we are ending this triangle now and preparing for a move towards at least $200M market cap assuming this next move up is similar in size to the last move up. If it is larger then it's possible that SUNCAT could go to SEED_TVCODER77_ETHBTCDATA:1B + market cap.
Either way, it seems like SUNCAT will continue to be extremely profitable for holders in the near future.
$BOB setting up nicely for the futureLooks like we have a nice runner
$BOB looks like we need 3 bullish candles on daily time frame and then we should proceed to climb higher
Been accumulating the dips and will hold till 2025 or end of 2024 as the market shines
Follow me on X for more @Hussinvestments
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
Trading Idea: Dogecoin Support Level StrategyCurrent Support Level: Dogecoin (DOGE) has reached a key support level.
Bounce Scenario: If the price holds this support, we could see a bounce from here, offering a potential long entry opportunity.
Breakdown Scenario: However, if the price breaks below this support, it could signal further downside, with the next target being the next support level.
Confirmation: Wait for a clear bounce or breakdown confirmation before entering. A strong bounce would suggest upward momentum, while a close below the support with increased selling pressure would confirm the breakdown.
Risk Management: If entering on a bounce, place a stop-loss just below the support. If entering on a breakdown, place a stop-loss slightly above the broken support level to manage risk.
$NEIRO a new top tier memecoinNeiro is currently one of the strongest looking coins out there, showing exceptional recovery and growth after bottoming out at $0.025.
The recent climb back to $200 million market cap has come steady, and listings on Binance perps is sure to be followed by a spot listing too.
Never underestimate a strong narrative and an even stronger team.
You could buy this and sit back, revisiting in 4 months time and have significant profits.
Or you could trade each dip and pump and do exceptionally well, if that's your preference.
We have another tier 1 memecoin here.
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.
(MOG) mog coinmog coin listed to kraken but now does not appear on their website as newly listed. Not sure if there is a bug or glitch or if they decided to not list mog coin. As I can see on trading view the kraken USD mog coin pair does exist despite the listing on their website going blank. Kraken also listed memecoin. In the last few months Kraken has listed some ~50 cryptocurrency to their trading exchange.
notable add-ons include;
TURBO, ECHELON PRIME, PARCL, RENDER, FLOKI, MANTLE, KUJIRA, BITTENSOR, LAYERZERO, BIG TIME, PENDLE, SAFE, MAPLE, HELIUM, BONK, OPTIMISM,.
people in the USA cannot trade :
ACA, AGLD, ALICE, ASTR, ATLAS, AUDIO, AVT, BONK, C98, CFG, CLOUD, CSM, FLOKI, GENS, GLMR, HDX, INTR, JASMY, KIN, KMNO, KUJI, L3, LMWR, MC, MV, NMR, NODL, NYM, ORCA, OTP, OXY, PARA, PEPE, PERP, PICA, PORTAL, PRCL, PSTAKE, PYTH, RAY, REQ, REZ, ROOK, SAMO, SDN, STEP, SUI, TEER, WEN, WIF, WOO, XRT, YGG, ZEX.
I notice quite often the best performing cryptocurrency "on the day," is one that is not tradable in USA. For instance, this week Sanctum (CLOUD) performed the best while most cryptocurrency was losing yet there is no way to gain from this instance because as seen from above CLOUD is not tradable in USA. Neither Bonk nor Dogwifhat are tradable in America on Kraken.com.
to check your location here is the link:
support.kraken.com
SUI Diamond Pattern Formation will Break to Downside (SHORT)I am Seeing a price crash and "V-Shape" recovery in the cards for the SUI price chart. Diamond pattern formation will break to the downside for a measured move down to the 1.618 fib extension. Fed emergency rate cut will reverse the markets back upwards into the US Elections.
Lower buy target @ or around 0.272
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 :)
TURBO Bearish Divergence on 1Wk ChartTURBO Chart 1WK:
We have a negative divergence forming on the weekly time frame.
If the current candle remains as a bearish engulfing candle by the close of this week (3 days), then it's going down to test the bottom of the channel and those lower wicks. Falling to the bottom of this channel would result in a -31%. Correction. If it breaks the channel lower, then it's going down -80%
In a first ever "Utility Bull-Run," how will the meme coins hold up this time, with no utility?
This could be like the FTX or Luna Crash 👀
#Floki price are preparing to surpriseAnother memecoin - #FLOKI It would seem that what can you get out of it? Well, I would like to take 75% of the profit , as in the trade on the chart !)
1️⃣ at night on the market fall and in the previous days, OKX:FLOKIUSDT price was very well “held”
2️⃣ globally, the #FLOKIUSDC price has worked out the desired correction, which was written about in May
What do you think, will this trade give profit 👍 or loss 👎 ?