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Memecoin

This Classic Breakout Calls for a Shiba Inu ReversalShiba Inu (SHIB) was one of the top gainers from yesterday's rally in market, gaining more than 13% after breaking above a critical descending trendline. Trendline Breakout Shiba Inu's price is set for a short-term rally after breaking above the descending trendline that connects the lower highs starting from the all-time high of $0.000088, but it faces short-term resistance at $0.000039. The trendline breakout gives hope to the bulls that the current rally can continue. This is a significant breakout because it was used to frame the sell-off from the all-time high. In this regard, the current breakout might signal a shift in the market sentiment and a possible reversal. MACD Bullish Divergence Additionally, another classic technical pattern known as the MACD bullish divergence adds confluence to the bullish case scenario. The MACD bullish divergence happens when the price is making lower lows, but the indicator is making a higher low, which signals that the selling pressure is cooling off. Moreover, the SHIB price is currently bouncing off a key long-term support level at $0.000026.
Long
by cryptohopper
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD). The chart is self-explanatory. The price is in a descending wedge pattern with the price attempting to get back to the top resistance line. If the price breaks out of the descending wedge, look towards the Fibonacci Retracement levels. The RSI has a bit more room to grow until it gets to the resistance line. The Ichimoku Clouds are shown with upcoming resistance. The 200 MA (simple moving average) is shown on the chart to see what the price needs to get back above to be bullish again. Positives: Descending Wedge Patterns are generally bullish. Money Flow Index (MFI) shows money coming back in and the indicator moved out of the oversold region. Negatives: Volume is very low. The dash lines on the chart are upcoming support and resistance areas for the price to battle. RSI about to approach resistance. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
4
SHIBUSDT Support Levels #SHIBI do not hold any Shiba and have no plans to buy any. I just wanted to draw what I think are support lines and a significant zone. I think the ATH and price action immediately after was mostly a result of positive social media sentiment and retail chasing the meme coin aspect so it's a lot less significant for a long term support/resistance zone. The lines I drew are where I believe it started settling back into more reliable levels. My personal opinion is Shiba will likely have another pump if the rest of the market turns bullish. I'm just not really big on any of the meme coins so take everything I say about them with a big grain of salt. *My friend challenged me to post one chart a day this year to build confidence and my skill set. I am still learning so I wouldn't trade off of any of these ideas. If you have any constructive criticism or advice I would be grateful to hear it.
by UnknownUnicorn2349278
6
Doge, Red or Rocket?So looks like doge pulled the leash toward the red path and has broken below a pretty big previous support, has tested the underside with a throw back and atm rejected... The bulls need to bust back above that area with more then just a wick and find it as support again to at least subside the bleed and give hope. There are some tiny areas of structure here but the next major starts down at .09. Elliott wave: dont love this count...its a gun to the head count. So lots of not ideals. But what would be ideal is if a ending diag is on its way in... again not ideal subwaves jumping off here but it popped to me with this current 3 wave move down atm, and maybe a mini ED in there as well. Algo tracks in there as well, got to fisrt target.
by CryptoKnee
Technical Analysis for FTM/USD. | Huge Profits for our follower Hi Traders, I shared the Technical Analysis of Fantom FTM/USD before 2 days. A Huge FLAG AND POLE BREAKOUT IN FANTOM. If you have took entry at our points, you would have made a Very - Huge profit. SO If you have missed the trades then you can Consider our Next Points for Entry. Note : Always use a Stop-Loss Disclaimer : Crypto Trading involves a high risk. Make sure that you do your Technical Analysis too. Make sure that you don't use much leverage.
FLong
by Ayush4247
1
Quick Trade for BNB/USDT. | Technical Analysis for BNB/USDT Hi Traders, Here is the Technical Analysis of Binance Coin BNB/USDT. So you can Enter at the given levels. You can take a Quick Entry as the Market Sentiments is in EXTREME FEAR. So there is a huge chances of reversal. Make sure that you use a Stop-Loss. So take trade accordingly and add your some technicals and make some good Money. Disclaimer : Crypto Trading involves a high risk. Make sure that you do your Technical Analysis too. Make sure that you don't use much leverage.
Long
by Ayush4247
CUP AND HANDLE - BABYDOGEUSDT - EXPLAINEDMake sure to LIKE and FOLLOW for more valued content! What Is A Cup And Handle? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. -A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. -A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. -Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. It is worth considering the following when detecting cup and handle patterns: Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms. Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern. Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be. A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle. Stop loss orders may be placed either below the handle or below the cup depending on the trader’s risk tolerance and market volatility.
Long
by Liquidmex
2
Say hello to $ 20,000 Bitcoin and A huge fall awaits us.The med-term uptrend of bitcoin is definitely over and we are fully prepared to kiss the main and huge trend line of bitcoin , which of course has been with us for about 8 years, and the price of this huge trend line has always been supported. So be sure to have about $ 17,000 to $ 20,000 in cash to buy !!!! because it is the best opportunity to buy. btc If you are a little patient, you can buy bitcoin at a very extraordinary price, and if you are in a hurry, you will definitely lose a lot!!!! . So Merry Christmas and hope for $ 20,000 Bitcoin .Altcoins in such big drops as what will happen in the coming months will waste your capital, because they are much more ready to decline than bitcoins so do not hold altcoins in any way, especially meme coins , Because as they go up faster they will fall much faster Like Shiba and Dodge and Elon and so on. Merry Christmas !!!
BITSTAMP:BTCUSDShort
by saba007
7
SHIBUSDT: BREAKOUT BULLISH FLAG, MEMECOIN SUPREMACY?Hello Enthusiast Coin Traders! Here's NEW POTENTIAL medium-term outlook for SHIBUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) a) SHIBUSDT is moving above the exponential moving average 90 b) Breakout of bullish flag pattern could indicate a continuation of bullish trend c) MACD indicator has crossed above the zero level area, sign of potential stronger momentum going upward The roadmap will be invalid after exceeding the support/target level *DISCLAIMER: This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
Long
by financialfreedomgoals101