5.24 Data Analysis1. Spot volume fell back to May last year levels and volatility fell back to one-year lows.
Cryptocurrencies are not significantly correlated with US stocks in the short term, suggesting that money from traditional money in cryptocurrencies is mainly going after Nasdaq.
2. will meme coin be able to build community and faith after profit taking leaves?
3. the characteristics of BRC mentioned in the last push the characteristics of liquidity will not be for some time without, waiting for new play/protocol innovation.
4. NFT: penguin play into the fundraising has the bottom is blue chip! Also see if Blur can support Milady's asset properties positive cycle!
5. LDO's ETH alpha has been digested almost, the follow-up to find LSD track Dragon 2 Dragon 3. 6.
6. Immediately June 1, look forward to the new opportunities after the release of the Hong Kong cryptocurrency exchange ordinary user deposit.
Memecoin
🐸PEPE🐸 is ready for another pump (short term)🚀🔹 PEPE is moving between two resistance and support zone.
🔸This movement has been going on for more than a week.📅
🔹Currently, PEPE is creating a Zigzag(ABC/5-3-5) correction that starts at the resistance zone and possibly extends to one of the 🟡 PRZ(Price Reversal Zones) 🟡.
🔸I expect PEPE to grow to at least the resistance line.
Pepe Analyze ( PEPEUSDT ), 1-hour 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.
5.23 Data Analysis1. Spot volume fell back to May last year levels and volatility fell back to one-year lows.
Cryptocurrencies are not significantly correlated with US stocks in the short term, suggesting that money from traditional money in cryptocurrencies is mainly going after Nasdaq.
2. will meme coin be able to build community and faith after profit taking leaves?
3. the characteristics of BRC mentioned in the last push the characteristics of liquidity will not be for some time without, waiting for new play/protocol innovation.
4. NFT: penguin play into the fundraising has the bottom is blue chip! Also see if Blur can support Milady's asset properties positive cycle!
5. LDO's ETH alpha has been digested almost, the follow-up to find LSD track Dragon 2 Dragon 3. 6.
6. Immediately June 1, look forward to the new opportunities after the release of the Hong Kong cryptocurrency exchange ordinary user deposit.
🔥 PEPE Inverse Head & Shoulders Update: Now Or NeverRecently I made an analysis on PEPE and the potential inverse head & shoulders formation that was forming. As of now, the price has reached the yellow area, which would be the ideal point to form the right shoulder.
With an RSI hitting oversold levels, it's a now-or-never moment for PEPE. If we can make a move above 160 in the next couple of hours, the inverse head & shoulders in play. If we fall further, the probability for this pattern to play out will decrease.
Patient traders will wait for the price to break through the neckline. Aggressive traders will scale in around the current area.
Breakout!?!?$esco is a hidden gem with a potential of 100x, they now support staking at their website with a very lovely apy
Evaluating the Potential of $Pepe: A Promising Buy Opportunityntroduction:
In this article, we'll delve into the current market conditions of FWB:PEPE and explore why it appears oversold in higher time frames. Furthermore, we'll discuss the potential for a bullish reversal as we identify a comfortable support level. With these factors in mind, I've decided to take a closer look at FWB:PEPE as a promising spot buy opportunity.
Analyzing Market Conditions:
Upon careful examination of FWB:PEPE 's price action, it becomes apparent that it has experienced a significant downward trend. However, this extended decline suggests that the asset may now be undervalued and due for a potential price correction. By observing higher time frames, we can gain valuable insights into the overall market sentiment.
Identifying Comfortable Support:
Based on my analysis, it appears that FWB:PEPE has found a level of comfortable support. This support is crucial as it indicates a potential price floor, where buyers have stepped in to prevent further decline. This level can serve as a strong foundation for a bullish reversal and provides an attractive entry point for investors.
Taking Advantage of the Opportunity:
Considering the oversold conditions in higher time frames and the establishment of a comfortable support level, I have made the decision to initiate a spot buy position on $Pepe. It's important to note that this decision is based on my personal analysis and risk appetite. It's always prudent to conduct your own research and consider your individual investment goals.
Risk Management:
While I believe in the potential of FWB:PEPE as a profitable investment, it's essential to implement risk management strategies. This includes setting stop-loss orders to limit potential losses if the market does not behave as anticipated. By carefully managing risk, we can protect our capital and mitigate any adverse outcomes.
Conclusion:
In conclusion, the current oversold conditions of FWB:PEPE in higher time frames, combined with the establishment of a comfortable support level, indicate a promising buy opportunity. However, it's important to approach this investment with caution and conduct thorough research. The cryptocurrency market is volatile and unpredictable, so always remain informed and adjust your strategies accordingly. By taking calculated risks and implementing proper risk management techniques, we can navigate the market and potentially capitalize on opportunities like $Pepe.
Memecoin BOB Long - feels strongMemecoin BOB looking strong, close above the wedge (4h) and I see a fast potential 25% move. I should use tight stop loss. The BOB community is growing super fast, new exchange listings and chart (TA) looks good. This one could be a really big one - a good entry with low risk could be very profitable memecoin!
Adam & Eve Bottom - $LADYSTLDR: Nice bottoming pattern forming here, bullish making higher highs, and higher lows. Ascending triangle also. Into key resistance, tested multiple times..
I like this trade.
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"Adam and Eve" bottoming formation is a bullish pattern that traders look for on price charts to identify potential buying opportunities. Let me break it down for you.
Imagine you're looking at a chart that shows the price movement of a stock, cryptocurrency, or any other financial asset. An Adam and Eve bottoming formation consists of two parts: the Adam and the Eve.
Adam: The Adam part of the formation is a sharp drop in price, usually followed by a quick recovery. It looks like a "V" shape on the chart. This signifies a significant selling pressure and panic among traders, causing the price to drop rapidly.
Eve: The Eve part comes after the Adam. It's a more rounded and gradual decline in price. This indicates a period of consolidation, where the asset's price stabilizes and buyers start to step in, preventing further declines.
So, why is this formation considered bullish?
The Adam and Eve pattern suggests that the selling pressure that caused the initial drop (Adam) has subsided, and buyers are becoming more active during the consolidation phase (Eve). It shows a shift in market sentiment from bearish to potentially bullish.
When traders spot this pattern, it indicates a possible reversal in the price trend. They interpret it as a sign that the asset's price may start rising again in the near future. It's like the market has hit a bottom and is ready to climb back up.
As a result, traders often see the Adam and Eve bottoming formation as a buying opportunity. They anticipate that the price will start to rise again, potentially providing them with profits if they purchase the asset at the right time.
However, it's important to note that no pattern or formation is foolproof in trading. It's always a good idea to use additional analysis tools and consider other factors before making any trading decisions.
So, in summary, an Adam and Eve bottoming formation is a bullish pattern that suggests a potential reversal in the price trend. Traders see it as an opportunity to buy an asset that has reached a bottom and may soon start climbing in value.
PEPE, Ready to jump!?If you find this info 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!
Grind down to the $$$ box and a bit of a reaction.
Ideally, a pop-up here to be more of a convincing move up.
Staying in the channel up and rejecting could lead to just another ZZ and more down.
Cheers!
🔥 PEPE Potential Inverse Head & Shoulders: Bottom Is In?After a massive decline, and corresponding pump from the 100 area, PEPE has yet again found resistance around 210 (omitting the zeros for readability).
I think that the bottom is in, for the short-term at least. Potentially, PEPE will form an inverse head & shoulders pattern, which is a bullish reversal pattern.
Ideally, the price will move back towards the yellow area, which is the same area where the left shoulder bottomed las week.
If the yellow area holds, the probability of this pattern playing out increases by a lot. Patient bulls will wait for price to break through the neckline around 210. Aggressive bulls will buy in the yellow area.
Capo, gonna floppo?If you find this info 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!
TBH, not a fan of dude.
TBH, not a fan of 💩'n on someone for their opinion…
TBH, It would be funny if CRYPTOCAP:BTC went lower and Crow was on the menu…
TBH, I don't think the chart looks super bull…
TBH, for memes, it doesn't have too…
#PEPE possible inverse head and shoulders pattern; KilroyDid younes buy the frog dip?
FWB:PEPE price action is attempting to paint and Inverse Head and Shoulders Pattern. Right shoulder possibly in progress. Local bottom?
Set fractal confirmation alerts; 1h.
Bullish confirmation: 0.00000208
Bearish confirmation: 0.00000154
kilroy was here.
PEPE gonna jump?If you find this info 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!
Looking like an elliottwave impulse up!
Watching for this to play out.
These resistances and supports are decent so a break below would raise eyebrows.
Cheers.
Can TURBO give up to ➕300% profit❗️❓The logo of the TURBO token is a 🐸 frog 🐸, like the PEPE logo, but this frog is an astronaut. Does TURBO really become a 👨🚀 spaceman 👨🚀?
In order to understand whether TURBO is ready to fly or not, we must check its technical conditions on the chart.
⚠️First, we must be very careful about MEME projects, and you should not invest all of your capital or a large part of your capital in these projects; always look at the empty side of the glass.⚠️
It seems that TURBO has succeeded in forming a Falling Wedge pattern so that the volume of trading near the apex of the wedge has increased well.
I tried to specify a 🔫 Trigger 🔫 on the chart for you, but it is better to add the TURBO token to your portfolio according to your own strategy (be sure to check the fundamental conditions of TURBO ).
Do you think TURBO could be another PEPE?
Turbo Analyze ( TURBOUSDT ), 1-hour 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.
PEPE new high short-term?! Breakout potential! 07.05.2023Will keep this short.
Market cap is passed 1 BILLION, Binance has it listed.
Huge whales buying into it.
Technicals:
We have an ascending trend-line with consistent higher highs and lows.
We have a falling wedge pattern with a close above resistance.
MACD showing bullish divergence
RSI showing bullish divergence
Close above 0.0000030 on 1H close could be signal for strong buy entry
Close below 00000025 on 1H close could be shift of trend to sell/short down to 0.0000019
This is not trading advice//Purely educational//Pure speculation//Do your own research//Invest wisely and be cautious
PEPE memecoin baby anaylsisOkay, sir hear me out, I mean FWB:PEPE is technically now at support (green) and facing the diagonal resistance (blue). We are forming a bullish engulfing around support trying to break that 50 EMA. Let's see how the candle closes moon boys. In technical analysis is we should always trade with the trend, and the current trend is UP. But it can be broken anytime. Dont take anything I say for granted nor as financial advice.