So you want some Lady? Here is the opportunity (a short thread)Disclaimer for anyone reading this: This analysis here is done with a sprinkle of TA, but a majority of market psychology and institutional strategy. Right now Lady is on a RIP. I know that feeling, waiting for a correction only to wake up to your watch list continuing to sky rocket. How the hell are you supposed to enter a coin with the candle looking like this. Well, here we go
1.) if you believe in Wyckoff, this coin is done with accumulation. It currently is in its "spring" stage. Now in every "spring" there is a retest of the levels. I am very confident that we will retrace at least to the low .20s or if we are lucky the 16-18s, these meme coins move up like GOD, but they also move down like your crazy ex gf that gave you the best experience of your life. This coin is on the brink of getting listed on binance futures. Right now, a lot of big money is buying this up only to short it in due time. Our moment to build a bigger long position is close.
a 20% draw down is in the cards, question is will you have enough capital to capture it to give you the gains you are looking for. This coin is hovering around 100M as I am writing this. Pepe is over 1B and so is Doge, so we have a frog coin and we have a dog coin. All we are missing is a lady ;)
Prepare for a nice sell off in April right before the halving. This is CERTAIN. You do not think that insitutions are praying on retail for this sell the news event? Yeah who cares, btc supply gets cut 50% but when you have hundred of millions of dollars you can care less entering at 72K or 85K btc price. They are okay with the halving event, they will get their coins.
But my friends, so will you.
Happy trading
April is the moment. I will write the next article when my thesis comes true. AS it always has on this coin.
Thanks for taking the time to read this
Go females
Memecoin
SHIB Holders Realize Nearly $373 Million ProfitsShiba Inu ( CRYPTOCAP:SHIB ), the infamous meme coin, has captured the attention of crypto enthusiasts once again with a staggering 55% surge in its price on a weekly timeframe, hitting a year-to-date high of $0.00004567. While the cryptocurrency market experiences a wave of volatility, CRYPTOCAP:SHIB stands resilient, sustaining its gains and defying profit-taking pressures.
The recent rally in CRYPTOCAP:SHIB price coincides with Bitcoin and Ethereum's resurgence in 2024, signaling a broader trend of capital rotation within the crypto space. As investors seek alternative avenues for profits, meme coins like CRYPTOCAP:SHIB , along with AI, metaverse, and gaming tokens, emerge as attractive options for speculative investments.
Key Catalysts Driving SHIB's Rally
At the forefront of CRYPTOCAP:SHIB 's price surge is the relentless pursuit of ecosystem expansion by its lead developer, Shytoshi Kusama. Kusama's efforts to secure the listing of ecosystem token BONE on Binance have injected optimism into the CRYPTOCAP:SHIB community, fueling bullish sentiment and driving demand for the meme coin.
Furthermore, the recent burning of 13 billion CRYPTOCAP:SHIB tokens, worth $463,000, on March 9, underscores the commitment to reducing the circulating supply of SHIB, thereby potentially increasing its scarcity and perceived value among investors.
Navigating Volatility: Opportunities Amidst Challenges
Despite facing significant profit-taking activities, CRYPTOCAP:SHIB price managed to sustain above the psychologically important support level of $0.000030, signaling resilience and investor confidence in the project's long-term prospects.
Moreover, SHIB's ability to rebound from a notable dip on March 3, offering a lucrative "buy the dip" opportunity to traders, highlights the underlying strength and resilience of the meme coin amidst market fluctuations.
Looking Ahead: Potential for Further Upside
With £SHIB's weekly gains of 55% and a reduction in selling pressure as reflected by the decline in CRYPTOCAP:SHIB supply on exchanges, the meme coin is poised for further upside potential. As buying pressure continues to support SHIB's price momentum, investors anticipate a continued climb towards its year-to-date high.
PEPE Manipulation ShakeoutShakeout: PEPE recently made a sharp decline, breaking through the lowest level on the chart.
This movement was probably artificially created to force out weak hands and leveraged traders.
Double bottom: After the shakeout, PEPE formed a double bottom pattern. This pattern often indicates a trend reversal and a possible price increase.
Liquidity manipulation: A sharp decline and the subsequent formation of a double bottom pattern can be a manipulation to force traders out of the market and capture their liquidity.
This article will delve deeper into identifying various chart patterns indicative of market manipulation, providing you with the knowledge to protect yourself and make informed trading decisions.
1. Pump and Dump Schemes:
Pump: A coordinated effort to artificially inflate a coin's price, often through social media hype and fake news.
Indicators:
Rapid price increase: Unusually sharp and sustained price increase without significant news or market events.
Low trading volume: Price rise accompanied by low trading volume suggests artificial inflation.
Social media frenzy: Coordinated social media posts and endorsements promoting the coin.
Dump: Once the price reaches a desired level, the manipulators sell their holdings, causing the price to plummet.
2. Wash Trading:
Fake trading: Creating the illusion of high trading volume by buying and selling between controlled accounts.
Indicators:
High volume with low price volatility: Large trading volume without a corresponding change in price suggests wash trading.
Spikes in trading volume: Sudden and unexplained spikes in trading volume may indicate wash trading.
Order book imbalance: Uneven distribution of buy and sell orders, with a significant imbalance favoring one side.
3. Fake Breakouts:
Manipulation: Creating a false impression of a breakout to trap traders into buying or selling at manipulated prices.
Indicators:
Low volume breakouts: Breakouts accompanied by low trading volume are often false.
Retracement after breakout: A sharp retracement following a breakout suggests a false signal.
Failed retests: Inability to sustain a breakout level after a retest indicates a weak breakout.
4. Stop Loss Hunting:
Manipulation: Driving the price towards stop-loss orders to trigger a cascade of sell-offs and further drive down the price.
Indicators:
Price movement towards support/resistance: Price approaching significant support or resistance levels where stop-loss orders are likely placed.
Sudden price spikes: Sharp and unexpected price movements may be attempts to trigger stop-loss orders.
Increased trading volume: Spikes in trading volume coinciding with price movements towards stop-loss levels.
SHITCOINS TO THE MOON TO AVOID TAX's BAM BAMBI - SHADE MONEY BEHIND IS POTENTIAL TO AVOID TAX
LISTED ON POLONIEX UNISWAP AND IF THIS GOES TO BINANCE - COUNT FOR x10 x20 x30 from this rugpulled level
PEPEUSDT: Break-out Potential BINANCE:PEPEUSDT : Potential Break-out After Strong Week for Meme Coins
Following a fantastic week for Meme coins enthusiasts PEPEUSDT is showing signs of a potential breaking out.
The current price movement could be a setup for a down trend and, neutral trend after downward, as depicted in this image (which is just one of many possibilities).
Why to Watch For:
Will PEPEUSDT continue its upward momentum?
Or will it settle into a Down-trend and neutral trend, as suggested by the image?
Remember: Technical analysis can provide insights, but it's not a guarantee of future performance. Do your own research before making any trading decisions.
🔥 SHIBA Bull-Flag: Patience For Break!Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point.
In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low.
Target at 7500. I don't think the memecoins have stopped, but are merely preparing for their next leg up.
FLOKI Is In A BULL MARKET MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
FLOKI has had a very strong breakout , These breakouts can often continue longer than people think. FLOKI could 10x
Please watch the video for more information
Market Update - March 7, 2024
BTC ATH breaks historical four-year halving cycle trend: Bitcoin (BTC) broke above the $69,000 mark this week, setting a new all time high of $69,324 on Tuesday morning. Despite common consensus of a post-halving bull run in the cards, like others that occurred in past four-year cycles, the market appears to be responding positively to the upcoming BTC halving and moving earlier than anticipated.
ETH holds firm despite sell off and ETH ETF delays: A sell-off following the BTC price run, as well as the SEC’s announcement to delay the decision deadlines on the spot Ethereum (ETH) ETF applications from Blackrock and Fidelity, had little impact on the price of ETH, with the market focusing on the anticipated launch of the network's Dencun upgrade, which is set to go live in the coming days.
Michael Saylor's MicroStrategy is looking to raise $600M to buy more BTC: MicroStrategy (MSTR) has announced plans to raise $600M by selling convertible debt in a private offering, for the alleged purpose of acquiring more bitcoin, taking advantage of the recent price run, and adding to its 193,000 BTC stack.
Meme coin mania is back: Momentum gathered for the six meme coins currently populating the top 100 list of cryptos by market cap, with multiple triple-digit percentage gains across the board, made up of DOGE, SHIB, PEPE, BONK, WIF, and FLOKI. Coinmarketcap data currently show the aggregate market cap of all meme coins standing at approximately $60B, with $30B in trading volume over the past 24 hours. The flurry of activity particularly across meme coins may suggest retail investors are beginning to return to the market or new retail participants are entering the market..
Soon, but not too soon for US interest rate cuts: Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that interest rate cuts are likely "at some point" in 2024, but not in the near future.
⏳ Topic of the Week: What is the Bitcoin halving?
👉Read more here
#MEME/USDT | Ready to rise strong#MEME
The price is moving in a descending channel for 1 day
The channel is expected to be breached to the upside in a strong manner as long as we do not break the support marked in green
From which the price rebounded more than once
We also have a reversal candle on today's frame
Supported by oversold on the MACD indicator
And upward momentum for the market
Entry price is 0.02200
First target 0.02325
Second goal 0.02531
Third goal 0.02689
Fourth goal 0.02917
Pepe vs. Floki: Meme coins FractalsMeme coins are a type of cryptocurrency that are often based on internet memes. They are typically created as a joke or for fun, but some meme coins have gone on to achieve significant success.
Look closely on WEN
Dogecoin is the most famous meme coin, and it has inspired a number of other meme coins, including Pepe and Floki.
Pepe the Frog is a cartoon frog that became an internet meme in 2014. Pepe has been used to express a variety of emotions, including sadness, happiness, and anger.
Floki Inu is a Shiba Inu dog that was created as a meme in 2021. Floki is named after Elon Musk's dog, and it has been endorsed by Musk on Twitter.
Trading Behavior and Volatility
Pepe and Floki are both meme coins, and they share a number of similarities.
Both coins are highly volatile. This means that their prices can fluctuate wildly, making them both risky and potentially rewarding investments.
Both coins are traded on a relatively small number of exchanges. This can make it difficult to buy and sell these coins, and it can also lead to price manipulation.
Both coins have a large and active community of supporters. This community support can help to drive up the price of these coins, but it can also make it difficult to have objective discussions about their value.
Price Comparison
Pepe
All-time high: $0.003388 (May 2021)
Current price: $0.000121 (March 2024)
Floki
All-time high: $0.000344 (November 2021)
Current price: $0.000023 (March 2024)
As you can see, both Pepe and Floki have experienced significant declines from their all-time highs. However, Floki has outperformed Pepe over the past year.
Conclusion
Pepe and Floki are both high-risk, high-reward investments. They are both volatile and have a small number of trading pairs. However, they also have a large and active community of supporters.
If you are considering investing in either of these coins, you should do your own research and understand the risks involved.
Coq Inu- A MEME coin ready to expodeI usually don't buy meme coins, but every now and then, I find one I really like. That's the case with Coq.
Yesterday, the coin held up well at support, and today, it's quickly back to resistance, which looks good technically.
But remember, it's still a meme coin.
If you're thinking about buying, be aware that you could lose all your money.
Minu - one new 2mil mcap meme coinMinu is a new meme coin, it is high risk but extremely high reward. If this coin will get some kind of attention this coin might moon very quickly.
Also Minu is forming cup&handle pattern which is bullish, indicators and everything else also says we go up.
Market cap is rising very quickly, just today I bought at 3mil mcap now like 2 hours later its at nearly 5mil and looks like price might skyrocket anytime, it is getting more mentioned in Twitter today.
Minu
Market cap
$4,918,503
THIS IS VERY HIGH RISK TRADE !!
DogeChainDC is DogeChain and is one of the meme coins. Truly I do not even set any targets for this as it can go completely parabolic, but first we need to get full Bullrun for Doge, after this one will follow and outperform it by many times. I do expect at least 20x from this coin.
THIS IS VERY HIGH RISK but also high reward.
Dogecoin
$0.151
Market cap - $21,637,334,280
Dogechain
$0.001024
Market cap - $27,239,426
As you can see the current market cap of Doge is bigger nearly 800x than DC. I expect DC to reach between 1 to 3 Billion $ market cap this bull run, I am holding this myself as long term token and will start selling after 1bil mcap. I'm going to make some posts about this later this year when we see some kind of action.
This is kind of as low as the price of DC can get, indicators shows a bit of downside but I think it will be mostly sideways moves until Doge will start going up.
THIS IS VERY HIGH RISK!!!
🐶Floki Inu(FLOKI)🐶 is Ready to Correct 🚨➖50%🚨🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far.
💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓
🙏Please, Stay with me.
🏃♂️ Floki Inu(FLOKI) is currently moving in the 🟡 Potential Reversal Zone(PRZ)($0.000215-$0.000136) 🟡and near the upper line of the ascending channel and Pitchfork line .
🌊According to the theory of Elliott waves , Floki Inu(FLOKI) seems to be on the way to completing the Double Three Correction(WXY) , so Floki Inu(FLOKI) is currently completing the main Y wave .
🔔I expect Floki Inu(FLOKI) to correct(➖50%) at least the 38.2% Fibonacci level and 🟢 Support zone($0.00002322-$0.00001528) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 2-day 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.