MEME Coin is in 177 days consolidationHello Traders,
Today I am with another cryptocurrency which has more than 100 days consolidation. Many meme tokens has gone parabolic in past weeks but OKEX:MEMEUSDT is still in the accumulation zone. Considering the long consolidation of Meme coin 300% profit seems reasonable to me. Leave your opinion in comment section.
Thank You.
Memecoin
END OF THE HYPE (SHIBA INU) SHIBA INU 1/4 hours Supply/Demand & Wyckoff Pattern Formation Analysis
- Spring had formed
- Wait for LPSY (confirmation to enter long)
- Exit when it reaches 1 Hour Supply (UT/UTAD)
- Short Shiba when it reaches 1 Hour Supply (UT/UTAD) at the same time, or conservatively, wait for LPSY (test of UTAD)
- Take Profit at 1 Hour Demand
- Wait for LPSY (CONFIRMATION to enter long)
- Take Profit at 4 Hour Supply
- It's better to sell all holding shib coin at last sell price ( 4 Hour Supply)
- Short after UT/UTAD formed at 4 Hour Supply or wait for LPSY (test of UT/UTAD)
- Take Profit after Huge Mitigation (might be at 0.28175, according to fixed range volume profile analysis)
Dogelon, the next Shiba?Dogelon, possible formation of cup and handle. We might still see the price to go down to complete the C wave and form the handle. Will this be the next Shiba?
SHIBA N U ~~ What aAre Doing Price is in a bullish channel, holding support at the 0.000053 region trying to make a short term higher low bullish trend reversal. A break of the upper supply channel may signal a bullish run. Wouldn't be surprised if price breaks down to .0000500 again to retest previous May 2021 high.
LONG SHIB coin!For myself I am loving this pattern and the forward stacking catalyst of Robinhood listing coming up, Kraken listing going live, and Shibarium (own blockchain project). Retraced to buying levels and respecting the fib's and BB's very well. I already held 420,000,000 SHIB and added 65,000,000 today at these levels!
Will SHIB make it ?? SHIB ForecastAre you one of the people that made money on SHIBA INU ??
On the 8th of June 2021 we posted a forecast on SHIB ,thats when the price dropped to $0.00000720 and some investors on our team were willing to take the risk on the meme coin ...then in the beginning of October SHIB finally broke out of our resistance $0.00001005 after months of consolidation the SHIBs price increased with a price range of +/-200% and hit our resistance at 0.00002379 and in the next few days it started forming a bullish flag pattern and on 23 of October it broke out of the bullish flag pattern and increased with another price range of +/-200% breaking its ATH of $0.00005044 and creating a new ATH of $0.0008806 and over the last few day is has been retracing to retest its ATH and our lower trend line at 0.00004524.
Therefore if price respects and does not break the support and the lower trendline at $0.00004524 we might see an increase in price and new ATHs created and if it does increase as much as it did in the past with a +/-200% price range increase we might see price around the $0.00013138 range.
BUT if it does break our support and lower trendline at $0.00004524 price is gonna continue dropping till it finds support.
OR maybe a total white out like the squid game meme coin....wouldnt wanna see that happen but keep it in mind and only risk what you will to lose.
L.M
Looks like I may be close With the current decline in short sellers we are finally stabilizing to the point where the Analysis can finally see a uprise in the market, This should provide a huge buy back in for those who missed.
For those who are staking there shib should be earning interest on top of their current position.
For a short term run I can see it increase roughly 27% to 48% the panic sellers will have a huge impact on the market and its current position. Simply holding a lot of shib isn't enough to make it through as more buyers flood into the crypto market. researching the stock market and the crypto market plays a huge role on how shib will do. The #DogeKillerCoin has a purpose and a limited supply the burn protocols will happen in time just stay focused on the long run.
This is my personal review and personal Analysis. Take the risk at your own Will.
COINBASE:SHIBUSD
Big reversal coming for DOGE!Here's a quick Look at DOGE daily chart. As we can see, the price has been forming a bigger double bottom formation! A break above 0.35$ will confirm the double bottom and from there we could see a big rally to 1$! Keep an eye on this setup!
The best entry would be, when the price breaks above the 0.35$ with good amount of volume .
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The idea is: Buy the breakout from 0.35$ and take profits at the levels shown in the chart.
Targets:
1. 0.435$
2. 0.51$
3. 0.59$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB / USDT . What's next for SHIB?What's next for Shib? Will we move even higher? What are your thoughts?
Enter long position if/when price breaks out of triangle
Take profit ideas:
TG1 - 0.000077$
TG2 - 0.000081$
TG3 - 0.000087$
What do you think? Which crypto do you want me to do next?
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Trade safely!
Floki & Bitcoin Chart Correlation on Different Time Frames
POLONIEX:FLOKIUSDT
BINANCE:BTCUSDT
As you can see Floki 1H price action during past week is very similar to Bitcoin 1D price action during past year. So, the short term floki price action might be an interesting indicator for long term Bitcoin price action.
P.S: You can also do this fractal for some of top memcoins such as Doge, Shiba, Kishu and Akita (especially in the past month's meme season and you can see that Floki will probably do another 300% in a couple of weeks accordingly and if this is right so we can expect Bitcoin price to be around 240k by January 2024.