Memecoin
Next Memecoin to go through the roof? $FLOKIAn, admittedly, not entirely serious, analysis, after all, we are talking about a Memecoin.
Even if this culture goes against everything I've learned about the market, you can't ignore it.
I'm in since yesterday and I'm at 100%, but I'm convinced (almost unfortunately) that Floki will go the same way as Doge or Shiba did ( or will still go, in the case of Shiba, that's not over yet in my opinion).
I will buy again at the yellow line.
EVEN IF THIS IS ALWAYS TRUE, HERE ESPECIALLY:
THIS IS NOT AN INVESTMENT RECOMMENDATION!
ShibArmy! Chart by Commander CryptoKnee ShibArmy Reserve. 28OCTNailed the Ending Diagonal entry from last nights chart! Now im seeing a zig zag down and a zig zag up. the 3rd move is a bit questionable atm. Could still be multiple things, most are corrective, with a Leading diag being the most bear, atm, MO. The 2nd ZZ did hit the .80 fib retracement of the 1st, so dependent on your wave B/X fib retracement allowance could be a flat or sideways combo. BUT, I personal would perfer another simple contracting triangle here. but its is depends on how this 3rd move plays out and where it lands. We could still break the high here and still be in a corrective structure, running/expanding flat or triangle variant. SO hopefully this next move provides some clarity. Would like to see something proportionate to the wave to, or else I will get a bit sus as to wtf. The most resent retrace was swift and a bit deep, so that may have been the wave 4, but again will have to see how this current move plays.
start of the 5th wave of Elliott from $0.17 or $0.113crab, cypher and shark reversal scenarios:
if 3-4=0.61 X-3=$0.17 *more likely*
crab targets:
0.38 3-4=$0.3
or
0.88 3-4=$0.63
cypher and shark targets:
1.13 3-4=$0.9
or
1.42 3-4=$1.36
or
1.6 3-4=$1.86
butterfly reversal scenario
if 3-4=0.78 X-3=$0.113
targets:
0.38 3-4=$0.23
or
0.88 3-4=$0.6
DOGE/USDT TRADE SETUP! 200% PROFIT EXPECTED!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Altcoin setup of DOGE. DOGE looks good in the daily time frame and currently trying to break the symmetrical triangle. If any daily candle closes above $0.26 then the break out is confirmed.
According to fib retracement 0.618 level (Golden pocket) is a strong resistance which is at $0.3. Once we break the $0.3 level then we see a big pump in DOGE.
Also, Elon musk is in favor of DOGE and he recently tweeted that he is holding BTC, ETH & DOGE which will push the price of DOGE. So buy now and hold it.
Entry range:- $0.24-$0.26
Target1:- $0.3
Target2:- $0.38
Target3:- $0.44
Target4:- $0.56
Target5:- $0.72
SL:- $0.22
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
SHIB Not Slowing Down!?This 1hr chart for SHIB has me howling for the moon!
It seems that we are breaking out of a symmetrical triangle or a bull flag formation. For me, the completion points of the two yellow measured moves creates the target range for the breakout.
If we move down, I will still be howling and looking for a bullish bat formation to develop. For me this will be a good reentry point.
What are your targets for SHIB?
What I see for DOGEAfter the pop of BTC and ETH, it is time for altcoin season. I have already shared a couple ideas on MATIC and SHIB, will be releasing others soon as their times come closer.
With many of the altcoins going off, SHIB, SOL, MATIC, DOT, and others, I think we are still yet to see DOGE and some of the other altcoins go along with the bull run.
DOGE had a mini breakout of the swing high of the ascending triangle, and now looking to retest that area before going higher. I do think we need to wait for some of the other altcoins to calm down a bit because lots of money will be tied up in other coins, especially SHIB which everyone was watching.
I played the falling wedge within the bigger wedge beautifully and now waiting for the breakout for DOGE.
Once we see a proper break of the 0.28 area, I think DOGE can really open up and reach some of the targets I laid out on the chart
REMEMBER: wait for the retest and confirmation. This will move fast when it starts going, just like before.
I already have my starter position, and have been holding for some time.
SHIBUSDT broke out of it's bullish flagMemecoin, shitcoin, whatever your view on smaller coins may be, people like them and you can use them to make profit if you stay level headed.
So just like the title says, price broke out of it's bullish flag and you can see the targets on the screen.
1st TP is the base of the flag at about: 0.00004312
2nd TP is the pole of the flag at about: 0.00005508
And if price retraces, we may catch an entry at the daily demand zone I marked out on the screen which is the zone within the red candle.
Cheers ;)
Look For a Break Above $0.27 in $DOGE$DOGE has been going through an accumulation and consolidation phase. It seems that the phase is slowly ending and as such a pump may be incoming. As the king of memes, I would enjoy buying up this name below $0.30 once it successfully clears $0.27 level. Set alerts, Elon is pumping as he tweets about his potential of becoming the first $DOGE coin trillionaire. Targets: $0.27, $0.31, $0.38, $0.415.