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Memecoin

The virtue of crypto trading or how i earned 20% in 4hours.Dear Traders! Welcome, and thank you for reading this thread. I write here not only to share my opinion but to have a kind of storage of my current ideas to look back in the future. Because if i made a mistake or a great move, that are both useful for the future. The story of today. I've been observing memecoin for a month now, and thought many times after a major price surge that the correction will be significant, and it could not grow higher. Well if you check the chart, you will see that the characteristics of this coin is that having a rapid price move upward, some correction and then does it again. So what happened today? I saw that today is a moderate moving day, some of my alts showing little or no increase. But guess what happening to memecoin? It price decreased by 17%. Now that was the point that i decided to get into the market. I have checked my beloved indicator the RSI on 30 min and 1h time frame, and find out that it is super bullish. Next, I have invested a major amount into the coin, then wait and observe. The price for some reason made a full resurrection from -17% and currently while i'm writing this, it is around +1,2%. And at this particular level i have sold all of my assets, and now will wait what will happen next. (I am expecting a decrease!) I really enjoying my large profit, and just try to avoid beeing greedy now and just wait patiently until another opportunity comes to my face, because i want to trade, not to hodl or to wait too much. The volatility of cryptocurrency is only bad and harmful for those people who don't understand the market and don't have the braveness to act. Share your biggest succes story in trading if you wish, i am more than happy to read. And of course if you have some great idea on a wave we should ride, share it ! :) Now, i will sit back and relax.
by Arokthomasso
Shibburn Explodes by 499,416%, Placing SHIB on Verge of BreakoutSHIB dwells around the $0.000008 support area as Shibburn goes parabolic. Shiba Inu’s official cryptocurrency burning tracker, Shibburn, reported an unforeseen surge in SHIB burning over the last 24 hours. A whopping 264,204,009 SHIB tokens were set ablaze, totaling $2,245 in 13 transactions to dead on-chain wallets. Five hours ago, one Good Samaritan burned 261,408,966 tokens in a single transaction; the SHIB community praised the move on X (Formerly Twitter). The price roller coaster for Shiba Inu escalates with the canine coin sustaining the $0.000008 key support line for five days in a row.  As most altcoins face a slight market correction this Monday afternoon, SHIB picked up 1.3% gains in the last 24 hours and now trades at $0.00000846, according to independent price aggregator CoinGecko. SHIB Monthly Upswing Bolstered by Shibarium Besides the burn count, another significant reason for SHIB’s 8.6% monthly increase is Shibarium. The Layer-2 scaling network solution shows high demand for usage in several key metrics: crypto wallet addresses, total transactions, and average block production time.  Currently, Shibarium L2 encompasses over 1.2 million cryptocurrency wallets, while the transaction count recently hit 4,206,686, according to the on-chain signals provided by blockchain explorer ShibariumScan.io. Shibarium’s average block production time has increased from five seconds to 8.3 seconds, and it currently has 1.83 million on-chain blocks in creation. Notably, this slightly prolonged block production time is concurrent with the increased developer activity on the network Why This Matters Cryptocurrency burning is an efficient way of maintaining the coin’s long-term price. Layer-2 blockchains offer builders a wide range of scaling options, while memecoins can expedite this innovation through mass appeal.
COINBASE:SHIBUSDLong
by DEXWireNews
AIDOGE Robot Pup popped!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Well the laggard finally popped! The waves are not super clear to me tbh. But holding 1680 is a nice start here to prove its not just a pop and drop. If it starts breaking below would lean towards the flat on the left. But a nice pump non the less I am in and ready for it to go! up 34% atm.
Long
by CryptoKnee
PEPEUSDT - Macro Outlook BULLISH🐸Hi Traders, Investors and Speculators of Charts 📈📉 At opening, Pepe Coin surged in trading volume, outperforming Dogecoin and Shiba Inu! PEPE seems to have finally bottomed out after the opening crazy. This concludes the completion of the first cycle for a newly released altcoin, the liquidity drain cycle. From the chart we clearly see a short period of accumulation where the price trades sideways after bottoming out. This is where coins are accumulated to prepare for the next cycle or market phase, which is the upwards cycle. It's hard to say distinctively how high the price can go, but back up towards the opening price is always a reasonable target. Pepe's trading volume reached an astounding $281.3 million during the opening periods. The meme-inspired altcoin boasts a market capitalization of $631 million, exhibiting significant growth over the past week. In comparison to the more popular meme cryptocurrencies, Pepe has surpassed expectations in terms of trading volume. Notably, Dogecoin, with a 24-hour trading volume of $189.2 million and a market cap of $9.3 billion, trailed behind Pepe despite its larger user base and popularity. Similarly, Shiba Inu, another meme cryptocurrency, recorded a 24-hour trading volume of $100 million and a market cap of $4.6 billion, falling short in comparison to Pepe's performance. This surge in Pepe Coin arrives amidst a week of overall gains in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) both increased over the past week. Bitcoin's 24-hour trading volume stands at $10.6 billion, while Ethereum's is at $7.2 billion. The rise of Pepe Coin highlights the enduring popularity and unpredictable nature of meme cryptocurrencies, which often experience rapid and substantial price movements. Pepe Coin itself has surged by an impressive 64% within the past week alone. The trading volume has been hovering around the $200 million mark, demonstrating significant interest. Moreover, Pepe Coin has achieved a remarkable 65% increase over the last 14 days. While it is still 64% below its all-time high of $0.00000431 from early May, the recent gains suggest that Pepe Coin has solidified its position as a meme token and is poised for further rallies in the future. On-chain data reveals that whales (large-scale investors) are continuing to accumulate Pepe Coin, further supporting the possibility of an upcoming surge. Analyzing Pepe Coin's chart, despite the slight dip in the past 24 hours, several positive indicators emerge. The relative strength index (RSI) has recently trended upwards after briefly falling below 50, suggesting a potential regain of momentum. Additionally, the 30-day moving average remains significantly above the 200-day average, indicating ongoing buying pressure and a favorable position for Pepe Coin. It is worth noting that the coin's support level has increased over the past week, minimizing the potential for further decline and setting the stage for a renewed upward trajectory. While Pepe Coin's rise may not be rooted in fundamental reasons or utility, its enduring community and market interest bode well for future gains. Whale accumulation, as demonstrated by available data, contributes to the optimistic outlook. It should be noted, however, that whale predictions are not infallible. Nonetheless, with sustained whale buying, Pepe Coin stands a strong chance of experiencing further growth in the near future. From its current level of $0.00000153, it could potentially rise to $0.0000020 in the coming weeks, with even more substantial gains expected in the months ahead, potentially toward the end of the year. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck OKX:PEPEUSDT BINANCE:PEPEUSDT BITGET:PEPEUSDT KUCOIN:PEPEUSDT KUCOIN:PEPEUSDT MEXC:PEPEUSDT MEXC:PEPEUSDT.P COINEX:PEPEUSDT OKX:PEPEUSDT.P CRYPTO:PEPEUSD
Long
by CryptoCheck-
32
🐸 PEPE: From Memes to Charts - Riding the Double Bottom Wave! While PepeCoin (PEPE) originated as a meme coin, my preference generally leans towards fundamental assets. However, the technical landscape of PEPE presents an intriguing picture. Recently forming a double bottom pattern on the daily timeframe, PEPE is now surfing the waves of an ascending channel. Let's dive into the technical details of PEPE's chart. Chart Analysis: PEPE's Charting Charm PEPE, despite its meme origins, stands out on the charts with a clear double bottom formation. This pattern, occurring on the daily timeframe, often signals a potential trend reversal. The current price action unfolds within an ascending channel, a structure that typically suggests a bullish trajectory. Anticipated Move: Ascending Channels and Potential Gains As PEPE rides the waves of its ascending channel, traders keen on technical analysis find the setup quite appealing. The ascending channel, characterized by higher highs and higher lows, suggests a bullish momentum. Traders and investors eye potential gains as PEPE charts its course within this upward trajectory. Trading Strategy: Navigating the Ascending Channel For those considering PEPE, understanding the dynamics of the ascending channel becomes crucial. Identifying entry and exit points within the context of this pattern can enhance trading strategies. Keep an eye on how PEPE interacts with the upper and lower boundaries of the channel for potential trade opportunities. Conclusion: PEPE's Journey Beyond Memes PEPE, originating from meme culture, is carving its path not only in internet humor but also on the charts. The double bottom formation and the current ride within an ascending channel add layers of technical interest. As PEPE enthusiasts and traders navigate this journey, the potential for upward movement invites attention. 🐸 PEPE Analysis | 📈 Riding the Double Bottom | 🚀 Ascending Channel Vibes ❗See related ideas below❗ What are your thoughts on PEPE's charting adventure? Share your insights, strategies, and bullish expectations in the comments! Whether it's memes or charts, PEPE's journey continues with each trading wave.💚 📈🚀💚
Long
by Yaroslav_Krasko
MEME/USDT Potential for Bullish Rally? 👀🚀MEME Analysis 💎 Paradisers, brace yourselves for an intriguing trading opportunity with MEMEUSDT. The asset is currently showing notable activity in the demand zone, suggesting a shift towards an upward trajectory may be underway. 💎 MemeCoin has been following a trading channel pattern with precision. It has breached this channel upwards before, and we expect it to head towards a resistance level, then likely pull back quickly, in line with its historical channel pattern. 💎 There's a considerable chance of a bullish trend beginning from the support level at approximately $0.0235. Now that MEME has successfully broken out of the trading channel in an upward direction, we're looking at a potential resistance target around $0.040. 💎 Timeliness is key for savvy Paradisers. Pinpointing the most advantageous entry points during this upward trend is crucial. It's important to avoid entering at the peak of this movement. 💎 However, remain vigilant, as there is also a risk of MEME dropping below the support level of $0.0208. A decline below this pivotal point could lead to uncertainties regarding the continuation of the upward trend.
Long
by MyCryptoParadise_Simon
1
Pepe Coin Soars As Devs Deposit Over 400 Billion PEPE To BinanceThe developer’s team behind Pepe coin recently added 418.4 billion PEPE tokens worth $0.50 million, as per on-chain analytics firm Spotonchain. As confirmed by the official X account of Pepe, the tokens were sent to Binance-earn to reward users. “We will distribute the reward for participating in the upcoming campaigns,” stated the Pepe community. Notably, the transfer came when the Pepe coin was struggling to break the consolidation phase. Recent Developments in the Pepe Coin Ecosystem Previously, on 24 Oct 2023, the Pepe coin dev team executed a significant burn of PEPE tokens. The team transferred a staggering 6.90 trillion PEPE tokens, equivalent to $7.01 million, to the burn address. According to reports, the team still retains 3.80 trillion PEPE tokens, valued at approximately $4 million. This made PEPE rally over 30% on the same day breaking the resistance and reaching a new monthly high of $0.00000134. Additionally, the monthly update showed that the team sold over 169.8 billion PEPE for $0.20 million on October 27 at $0.000001₅. However, the rally fuelled by burn and enthusiasm cooled down afterward. Pepe Community Celebrates #FREEPEPE Day The enthusiasm not only circles around burns and massive deposits but also a great celebration day. The Pepe community along with famous firms like Ledger celebrates the “free Pepe Day” on Monday. The movement aims to address the three-year-long absence of Pepe, the beloved meme, from the popular GIF-sharing platform GIPHY. Three years ago, GIPHY made the controversial decision to censor and remove Pepe from its extensive GIF directory, leaving a noticeable void for users seeking easily searchable Pepe gifs. “Pepe is Love. Pepe is Art. This censorship is unjustified,” emphasized the community in their statement. The members believe that Pepe, being a globally recognized and cherished meme, should not be subjected to limitations on platforms that celebrate free expression. To support to moment further, hardware wallet manufacturing firm Ledger confirmed that they will soon be launching a limited edition Pepe ledger nano collaborating with one of the Pepe artists. All the positive things in one day made the price jump over 6%. The Pepe coin price correlation with Bitcoin stands at 0.75, which is considered as good. However, the on-chain signals as well as technical signals are both bearish.
Long
by DEXWireNews
SHIB Burn Rate Rockets 1300% As Shiba Inu Price PlungesShiba Inu (SHIB), the self-proclaimed Dogecoin killer, is once again amassing significant attention in the cryptocurrency universe as the SHIB community is continuously burning colossal amounts of tokens, with a significant surge in the last 24 hours on November 17. Subsequently, the Shiba Inu price witnessed an extremely marginal downfall as of writing. Today’s price slump comes despite the SHIB community’s efforts to build up support for their cryptocurrency. However, over the past seven days, the SHIB price portrayed a bullish sentiment in the broader markets as the token witnessed a minimal price surge. SHIB Community Burning Tokens According to recent data unveiled by Shibburn, a platform offering SHIB burning insights, a whopping 105.20 million SHIB tokens were burnt as of today. The aforestated burning of tokens represents a 1327% upswing, gaining significant traction throughout crypto markets. Furthermore, as of writing, the total number of tokens burnt amounted to 410.66 trillion. As per the data offered by Shibburn, two colossal transactions burning significant amounts of SHIB, among many others, caught the eyes of crypto market enthusiasts. An unknown address, 0x75d9df1efe6d860218…, burnt 100 million SHIB approximately 9 hours ago, along with another unknown address, 0x46340b20830761efd3…, burning 1.5 million SHIB approximately 12 hours ago. The massive burning of SHIB tokens comes as a result of the Shiba Inu crypto community putting in efforts to jack up the SHIB tokenomics, inducing scarcity while also uplifting the value of the remaining tokens. Meanwhile, according to ShibariumScan data, the total transactions on the platform are nearing the 4 million mark and stood at 3.95 million.
Long
by DEXWireNews
1
DOGEyyy-Doo, Where Are You🐕Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DOGE has been overall bearish trading inside the falling red channel and it is currently approaching the lower bound / red trendline. Moreover, the 0.05 - 0.055 is a strong demand zone. 🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline acting as a non-horizontal support. 📚 As per my trading style: As DOGE approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 🔎 From a long-term perspective, for the bulls to take over, we need a break above the last major high around 0.084 highlighted in blue. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
Unlock the Memeverse: Entry Point at 0.021179 for $MEME/USDT! 🚀🚀 **Crypto Alert! Meme Coin Special: $MEME/USDT** 🚀 Entry Point: 0.021179 (Consider entering before for optimal results, but the sweet spot is at 0.021179) **Targets:** - Target 1: 0.022122 🚀 - Target 2: 0.023075 🎯 - Target 3: 0.024859 🌟 **Stop Loss:** 0.018630 ⛔ Prepare for the MEME Coin journey! 🚀 This is not just a trade; it's a meme-orable opportunity! Dive in at the specified entry point for maximum potential gains. Keep those targets in sight, but also, manage your risk with the designated stop loss. 🎯💰 Remember, meme trading comes with its own flavor of excitement. Enjoy the ride, and may the memes be ever in your favor! 🌐🚀 #MEMECoin #CryptoAdventure
Long
by Bitxer_PK
5
🌕 SHIB- Will History Repeat Itself? 🌕Shiba Inu (SHIB), a cryptocurrency known for its meme origins, has recently been showing intriguing patterns that remind traders of past market dynamics. In particular, it shares some similarities with FET in terms of liquidity sweeps and significant price pumps. Liquidity Sweeps: A Common Thread The concept of liquidity sweeps is vital in understanding SHIB's price movements. Like FET, SHIB seems to conduct calculated liquidity sweeps by targeting key levels on its chart. This strategic approach involves pushing the price to specific levels, triggering stop-loss orders or encouraging traders to take specific actions. This tactic can set the stage for a notable price pump. 2021 Parallels: A Tale of Breakout and Surge In 2021, SHIB witnessed a turning point, a critical breakout that preceded an explosive price surge. This breakout led to an exponential increase in value, captivating the attention of traders and investors worldwide. The market dynamics of 2021 created a unique environment for SHIB's remarkable growth. Expectations: A Potential for History to Repeat Given the similarities between SHIB's current patterns and its historical breakout, some traders are cautiously optimistic. They anticipate that SHIB may retrace a similar path to past surges. While trading cryptocurrencies can be highly speculative, historical trends often influence market sentiment. Trading Strategy: Proceeding with Caution For traders interested in SHIB, adopting a risk management strategy is paramount. While history may offer insights, it doesn't guarantee future results. The cryptocurrency market remains highly unpredictable. Conclusion: Keeping an Eye on SHIB Shiba Inu has a history that's filled with dramatic market movements. As it follows the path of liquidity sweeps and triggers key levels, traders should remain vigilant. While there's a potential for growth, it's essential to navigate the market with caution and a clear trading plan. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Share your thoughts on Shiba Inu's price action 💚🚀💚
Long
by Yaroslav_Krasko
3