🐶Floki(FLOKI)🐶 Fall by🌠Shooting Star🌠🏃♂️Floki(FLOKI) has managed to form a 🌠Shooting Star Candlestick Pattern🌠 near the Upper line of the Descending Channel and the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Floki(FLOKI) to fall at least to the 🟢 Support zone 🟢 and lower line of the descending channel.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Analyze ( FLOKIUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Memecoin
BONK/USD MEMECOIN READY TO DROP HARD!! SELL NOWThe Key factor to watch is bitcoin dominance , we see ETH/BTC pair as broken down which give the flow of liquidity to bitcoin! hence all the altcoin will dry up in liquidity which will make the price of those token drop and we seeing a similar thing when you look at the meme coin king
DOGECOIN
BONK CHART
Looks very similar to shiba inu, price which has already broke the wedge to downside so I expect to see something similar for bonk
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BONK - FAKE TRIANGLE PATTERN ! Be aware HAMSTERS 🐹!!!BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing trend.
Downward Breakout and Imbalance:
BONK has recently experienced a downward breakout from the symmetrical triangle pattern. This breakout suggests a potential shift in momentum towards the bearish side. However, it is important to note that false breakouts can occur, and further price action is needed to confirm the breakout's validity.
Unfilled Imbalance:
Within the symmetrical triangle pattern, there is an unfilled imbalance zone between $0.55 and $0.60. This imbalance represents a price area where there is a higher concentration of sell orders compared to buy orders. Imbalances can act as magnets, pulling the price towards them to fill the excess orders.
Potential Retest and Bullish Breakout:
Given the downward breakout and unfilled imbalance, two scenarios could unfold:
1. Retest of 0.5 Imbalance Level:
The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $0.575. This retest could serve to shake out weak hands and accumulate liquidity before a potential reversal.
2. Breakout of Symmetrical Triangle:
If the price can hold above the 0.5 imbalance level and reclaim the symmetrical triangle pattern, it could signal a resumption of the uptrend. A potential target for the breakout would be the $0.70 resistance level.
Significance of False Breakouts:
False breakouts of symmetrical triangles are often considered bullish continuation patterns. This is because they can shake out weak hands and trap liquidity on the wrong side of the market, potentially fueling a subsequent breakout in the opposite direction.
Overall Outlook:
BONK's price action suggests a potential breakout from the symmetrical triangle pattern, with the possibility of a retest of the 0.5 imbalance level before a potential bullish continuation. While a downward breakout has occurred, false breakouts are common in this pattern, and further price action is needed for confirmation.
Bonk, Elliott Wave If you find this information inspiring/helpful, please consider a boost and follow!
Giving up a pretty decent Elliott Wave pattern here,
but this pattern can be a bit tricky.
So watching how it plays out can be one way to potentially gain some clarity and the next move.
If it breaks down I would be looking for it to fall into the 50% and depending on how the waves print, looking for a potential long.
If it breaks up, would try and play the retrace.
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post.
In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more.
On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance.
My Long Term Bias is SUPER BULLISH
Whether it goes up or down, I will still be in it.
Community is STRONG so I'm Holding.
What's your thoughts on #apewifhat meme coin?
apewifhat.net
#memecoin #solano
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis...
This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others.
I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started.
*Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE!
#apewifhat #memecoin
apewifhat.net
DOGE/USDT Trading ScenarioBelow is a scenario for the price movement of DOGE.
After an impulsive rise in the price chart from $0.08418 to $0.22721, which amounted to more than a 171% increase, resistance formed at the level of $0.22721. Under this level, the asset is trading on increased volumes.
Currently, the asset is trading at $0.16156, exceeding the Point of Control level that the price chart falsely broke through. Yet the price continues to hold above it.
We can expect continued interest from traders and movement towards the resistance level at $0.22721. If the resistance level is overcome and maintained above, we can expect further growth.
WIF (Meme Coin Analysis)WIF (Meme Coin)
If Rejected By Current Resistance ($3.2) ,
It Can Again Test Around Support Zone ($1.6460 - $1.9)....
BreakOut And Hold Above $3.2 Will Lead To Test ATH ($4.86) Again ....
BreakOut Of ATH ($4.86) Will Lead To New ATH Around $7.46 For Now....
Only Worst Case Will Lead It To New Low (Below $1) ....
#NFA #DYOR
DOGE: If break 0.1588tradingview
📊Analysis by AhmadArz:
🔍Entry: 0.1588
🛑Stop Loss: 0.1615
🎯Take Profit: 0.1565
-0.1529
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#MEME/USDT#MEME
The price is moving in a downward channel trend on the 12-hour frame and sticking to it well
After bouncing from a major support area in green at the 0.02000 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.02000
The first target is 0.03000
The second target is 0.04200
The third goal is 0.05340