Don't Buy Inu #DBI --- massive cup & handle The log target is projecting a new High
I love the DEV <3
and do own a bunch of these coins
--- for the culture---
--- for the Honour---
And also to make gains
Next stop appears to be a penny
log target is nearly 6X away
and for people who have been following me for a while probably have a real good cost basis now!
As #PEPE & #WOJAK have shown us
the #Meme economy is still strong
#DBI is a DO BUY
Memecoins
MEME target 0.0674h time frame
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MEME is creating a potential Cup and Handle structure since reaching 0.057. Target of this CH is 0.067. Furthermore, according to Fibonacci Projection, there is a projected target from 0.382 to 1.382, which pump momentum will push MEME to 0.067. Structure and Fibonacci both point that 0.067 is the critical resistance, that is 'target resonance'.
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TP: 0.067
SL: 0.040
FLOKI Price Spike Due to Massive 190.91 Billion Token BurnFloki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has seen a tremendous increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.
In the last 24 hours, the SEED_DONKEYDAN_MARKET_CAP:FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, SEED_DONKEYDAN_MARKET_CAP:FLOKI was up 17% from the intra-day low at press time, trading at $0.0002465. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.
Token Burn Effects on Market Dynamics
The decision to burn a massive amount of SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of SEED_DONKEYDAN_MARKET_CAP:FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, SEED_DONKEYDAN_MARKET_CAP:FLOKI experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.
The decrease in supply and increased demand have often seen the currencies’ value rise. Market analysts perceive such a strategic token burn as an important event for SEED_DONKEYDAN_MARKET_CAP:FLOKI , pointing at its capacity for further development and stability in the erratic market of cryptocurrencies.
Following the token burn, the spike in SEED_DONKEYDAN_MARKET_CAP:FLOKI prices has provoked talks of what path the meme coin will take. Market participants closely follow the market to identify possible long-term effects of the slashed token supply on price stability and growth. Besides, the Floki team’s ongoing attempts to enhance the coin’s utility and interact with the community may support the favorable momentum.
Amidst token burns, the team has been working on new features and projects, including the Valhalla play-to-earn metaverse game, which is expected to generate even more interest and increase the adoption of the token.
Ai - Best ticker for Ai hyped massesJust press green button, its gonna be a wild ride. WAGMI
nothing to see here. tip me l8r
PEPE Loading the next GOD Candle. Long opportunity!My analysis on the 4-hour chart indicates a sustained bullish trend with the price maintaining a robust position above key moving averages heading towards the end of our Ascending Triangle. This alignment suggests a healthy uptrend with room for potential appreciation. The consolidation phase near recent highs could signal strength and a platform for the massive breakout that could appear in the next few hours. With the RSI indicating neither overbought nor oversold conditions, there’s an attractive window for considering a long entry. Such an entry must, however, be tempered with objective risk assessment, especially given the unpredictable nature of PEPE, where market sentiment can shift swiftly. This trade embodies a calculated balance between potential reward and the intrinsic volatility of the market.
Now let's dive into the arguments speaking for entering a long position here:
Ascending Triangle: being respected in the last few days, and as you can see that i entered the trade already within the previous testing of the horizontal resistance which led to a rejection. Now there is a second entry chance as well since we are trading exactly around the resistance zone of the Ascending triangle.
Trend: There's a visible uptrend, with the price making higher highs and higher lows, indicative of bullish market sentiment. This trend is further supported by the rising moving averages.
Price Action: The price action shows consolidation after a significant run-up, which could indicate accumulation before a further move upwards. The consolidation is above the previous resistance level, which could now be acting as support.
Price Above EMAs: Signals that the trend is still in favor of the bulls.
The overall Market Sentiment: As we all see in the last uptrend of PEPE, MEME coins are dong a massive rally which is still cointinuing at the moment. This speaks as well for a quick swing for this trade that can be potentially won as well.
All in all, we must not greed as well and set a take profit at only 200% and set our SL slighty belove the 50 EMA since the price action was holding this EMA as a good support recently.
It is important to note that trading meme tokens can be highly speculative and comes with increased risk. Traders should use risk management strategies, including setting a stop-loss and not allocating more capital than they can afford to lose. Fundamental factors surrounding meme tokens are also less predictable, so traders should be prepared for unexpected price swings.
Peace Out
Capitalizing on MYRO: Strategic Long Opportunity in MyroMEXC:MYROUSDT is showcasing a compelling setup for a potential long position. The technical indicators on the 4-hour chart signal a consolidation period post a significant uptrend, marked by the price holding firmly above key moving averages and an established ascending trendline. While the inherent volatility of meme tokens commands a cautious approach, the current chart patterns aligned with prudent risk management suggest a favorable entry point for traders looking to leverage Myro's current momentum. As always, such trades should be balanced with a well-considered strategy, especially given the often unpredictable nature of meme-based digital assets.
Here is my Setup arguments and why am i entering a long position here and targeting only 200% and exit without taking any more risk or greed:
Breakout Above Resistance: Which may now serve as support, offering a good risk-to-reward ratio for entry.
Ascending Trendline Support: The ascending Magenta Trendline that served before as a strong support that was respected in the logarithmic scale of the chatrt which indicates an overall bulllish momentum.
Bullish Price Pattern: The consolidation pattern resembles a bull flag, which often precedes continuation of the uptrend which actually happened to be broke upwards and retested.
Price Above EMAs: Suggesting a continued bullish trend.
And also not to forget the overall sentiment in the meme market right now especially in Solana. So these are all enough reasons for me to open a long trade here with only 200% TPR as mentioned.
It is essential to consider risk management strategies such as setting a stop loss below the last swing low, and to size the position appropriately for your portfolio. Additionally, external factors such as market news, fundamental analysis, and overall market sentiment should be considered before entering a trade.
Peace out
#MEME/USDT#MEME
On the 4-hour frame, we have a bearish channel that was broken to the upside
The Moving Average 100 was broken upward and we have upward momentum.
Entry price is 0.028700.
The first target is 0.03128
The second goal is 0.034150
The third goal is 0.037220
#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
MANTA IS PREPARING FOR BULLISH BREAKOUTWe will see enough strong shakeout on MANTA to final pump to new high! On the basis of technical analysis we can see strong bullish wave will start soon. Greenish zone is for buying if you get opportunity.
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 !!
🐶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.
🐸PEPE🐸 is Ready to Pump🚀➕70%_100%🚀🐸 PEPE token , which was once in the shadow of other famous meme coins in the market, has now become the leading meme coin in the market with its growth of about 136% in the last week .
🐸However, the resurgence of the cryptocurrency market is not the only reason for the significant growth of PEPE, and the role of the X social network , where more than 53,000 posts about this token have been published in the past few days and has become a platform for discussions and recommendations for investing in PEPE.
🚀PEPE is looking to create a New All-Time High(ATH) after breaking the 🟢 Support zone 🟢.
🌊According to Elliott's wave theory , PEPE seems to have completed the main wave 3 and is currently completing the main wave 4 .
🌊 Wave 4 can end near the Support line , and if this happens, we can expect PEPE to have a stronger wave 5 . Otherwise, wave 4 can probably end at 38.2% Fibonacci .
📈In terms of Classical Technical Analysis , PEPE has formed an Inverse Head and Shoulders Pattern , and the 🎯 Target of this pattern 🎯 can be one of the Targets of the end of wave 5 .
🔔I expect PEPE to make a New All-Time High(ATH) after the completion of wave 4 and possibly rise to at least 🟡 Potential Reversal Zone(PRZ) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily 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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BONK Memecoin Rockets 137% on Robinhood ListingCRYPTOCAP:BONK , the latest sensation in the meme coin universe, continues its meteoric rise, sustaining a staggering 137% rally following its listing on the popular trading platform Robinhood. As the meme coin frenzy grips the market, BONK's inclusion on Robinhood's platform has sparked a renewed surge in investor interest, propelling its price to new heights.
Robinhood Listing Ignites Rally:
The announcement of BONK's listing on Robinhood sent shockwaves through the crypto community, with investors flocking to capitalize on the meme coin's newfound accessibility. Robinhood's support for CRYPTOCAP:BONK trading in select European Union countries places the memecoin in prestigious company alongside established cryptocurrencies like Bitcoin and Ethereum.
Market Response and Price Surge:
In response to the listing, CRYPTOCAP:BONK experienced an immediate price surge of 19%, signaling a surge in investor enthusiasm. At the time of writing, CRYPTOCAP:BONK is trading at $0.00002963, experiencing a slide dip of -2.50% maintaining its upward momentum amidst the broader meme coin rally. Analysts note that BONK's performance echoes its recent triumph over PEPE in market capitalization, further solidifying its position as a rising star in the meme coin ecosystem.
Broader Meme Coin Rally:
BONK's rally is part of a broader trend sweeping the meme coin landscape, contributing to the industry's staggering $2.5 trillion market cap. Coins like Shiba Inu (SHIB) and Dogecoin have also witnessed significant price gains, fueling investor optimism and driving trading volumes to new heights. The sustained bullish sentiment suggests that the meme coin rally is far from over, with investors eagerly capitalizing on the potential for further gains.
Analyzing SHIB's Momentum:
Shiba Inu ( CRYPTOCAP:SHIB ) has emerged as a standout performer, with recent price jumps of up to 52% accompanied by robust trading volumes. The SHIB community remains bullish, with holders seeing substantial profits amidst the coin's impressive surge. As SHIB continues to defy expectations, its resilience underscores the enduring appeal of meme coins in the ever-evolving crypto landscape.
Conclusion:
In conclusion, BONK's remarkable rally on the heels of its Robinhood listing exemplifies the growing influence of meme coins in the crypto market. As investors continue to embrace these unconventional assets, the meme coin frenzy shows no signs of abating. With BONK leading the charge and SHIB blazing its own trail, the meme coin rally promises further excitement and potential gains for savvy investors in the days ahead.
FLOKI Potential Correction Soon ! RSI at 99If you haven't read my article about meme coins:
Then the heightened RSI level of 99 for FLOKI signals a potential correction on the horizon.
Such an extremely high RSI often indicates overbought conditions, suggesting that the asset may be due for a pullback.
The price target, as per the Fibonacci retracement tool, is: $0.00000697
Pepe is Up Over 250% This Week: A Meme Phenomenon Takes FlightPepe Coin ( GETTEX:PEPE ) has emerged as a formidable force, showcasing a staggering 250% surge in a single week. Amidst a backdrop of fervent market activity, Pepe Coin's ( GETTEX:PEPE ) meteoric rise exemplifies the evolving landscape of meme coins within the global crypto ecosystem.
Pepe's Remarkable Rally:
In a week marked by bullish momentum, Pepe Coin ( GETTEX:PEPE ) has defied expectations, charting an impressive trajectory reminiscent of other meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE). Surging by over 250%, Pepe Coin's ( GETTEX:PEPE ) ascent to $0.0000041 signifies a resounding triumph amidst the volatile crypto landscape.
Analyzing the chart patterns reveals a sustained growth trajectory, hinting at further potential for upward movement. Notably, significant market activity involving six prominent wallets underscores the heightened interest and liquidity surrounding Pepe Coin ( GETTEX:PEPE )
Navigating Controversies:
However, Pepe Coin's ( GETTEX:PEPE ) resurgence prompts a revisitation of past controversies, including suspicious wallet transactions and alleged involvement of rogue developers. Addressing these concerns head-on, the Pepe token team has distanced themselves from former team members, reaffirming their commitment to transparency and integrity.
Despite challenges, Pepe Coin ( GETTEX:PEPE ) has earned recognition, nominated for 'Memecoin of the Year,' a testament to its impact on the crypto community and cultural zeitgeist.
Market Dynamics and Broader Trends:
Pepe Coin's ascent mirrors broader trends within the crypto market, where meme coins experience notable gains amidst periods of heightened investor sentiment. Dogecoin (DOGE) and Bonk also witnessed significant increases, reflecting a period of "extreme greed" among investors.
The introduction of Bitcoin ETFs and the participation of major financial institutions like Bank of America's Merrill Lynch and Wells Fargo further underscore the mainstream acceptance and integration of cryptocurrencies into traditional financial systems.
Looking Ahead:
As Pepe Coin ( GETTEX:PEPE ) continues to capture the imagination of investors and enthusiasts alike, its journey represents more than just financial gains. It embodies the spirit of innovation, community engagement, and cultural significance that define the crypto revolution.
With its deflationary mechanism, redistribution system, and Ethereum blockchain foundation, Pepe Coin ( GETTEX:PEPE ) stands poised to navigate the ever-changing crypto landscape, leaving an indelible mark on the meme coin phenomenon.
In conclusion, Pepe Coin's ( GETTEX:PEPE ) remarkable ascent serves as a testament to the boundless potential of meme coins and the transformative power of decentralized finance. As the crypto market continues to evolve, Pepe Coin stands as a shining example of the enduring allure and resilience of meme-inspired cryptocurrencies.
Don't Buy Inu #DBI Inverse Head and ShouldersThe #Meme economy is showing signs of life
Which is a good indicator for the general health / level of speculation in the market.
DBI is still showing a very constructive inverse Head & Shoulders versus #ETH
As #Ethereum crosses $2,000 firmly we should see greater speculation levels across the board.
DBI to 3.25X <3
Shiba Inu's Meteoric Rise: SHIB Price Hits 2-Year HighIn the ever-evolving landscape of cryptocurrencies, few phenomena capture the imagination quite like the meteoric rise of meme coins. Among these, Shiba Inu ( CRYPTOCAP:SHIB ) stands out, not only for its adorable canine-inspired branding but also for its recent surge in value and burn rate. As the crypto community grapples with the implications of this unprecedented growth, it's crucial to delve deeper into the factors driving Shiba Inu's ascent and what it means for the future of the ecosystem.
The Surge in Burn Rate:
One of the most striking developments in the Shiba Inu ( CRYPTOCAP:SHIB ) saga is the exponential increase in its burn rate, soaring by an astounding 840% in a single day. This surge, as reported by Shibburn, underscores a fervent commitment among investors to reduce the circulating supply of CRYPTOCAP:SHIB tokens. By destroying 35.30 million CRYPTOCAP:SHIB tokens within 24 hours, prominent wallet addresses signal a concerted effort to instill scarcity and bolster investor confidence. However, this surge also prompts critical questions about the sustainability and long-term implications of such a drastic burn rate.
Implications for Price Dynamics:
The immediate consequence of Shiba Inu's burn rate surge is its catapulting price to a two-year high, accompanied by a remarkable 71.32% increase during the reporting period. Such exponential growth not only propels CRYPTOCAP:SHIB to the 11th position by market capitalization but also ignites optimism among meme coin enthusiasts. Yet, while the surge in price may elicit euphoria, it's essential to temper expectations and assess the underlying factors driving this rally.
Community Enthusiasm and Market Sentiment:
At the heart of Shiba Inu's meteoric rise lies the unwavering support of its community, exemplified by the surge in burn rate and trading volume. Wallet addresses actively participating in token burning underscore a shared vision of creating value through scarcity. Moreover, derivatives data analysis indicates a robust sentiment in the market, with open interest soaring by 83.33% to $77.97 million. However, amid the fervor surrounding SHIB's ascent, it's imperative to acknowledge the inherent risks associated with meme coins and exercise caution in navigating the volatile crypto landscape.
Challenges and Considerations:
While Shiba Inu's ( CRYPTOCAP:SHIB ) recent surge may paint a picture of unbridled success, it's essential to confront the challenges and considerations lying ahead. The Relative Strength Index (RSI) of the meme coin signals an overbought condition, raising concerns about a potential market correction. Moreover, sustaining momentum amidst regulatory scrutiny and evolving market dynamics poses a formidable challenge for Shiba Inu and its community.
Conclusion:
In the saga of Shiba Inu, the surge in burn rate and accompanying price rally epitomize the dynamism and unpredictability of the cryptocurrency market. While optimism abounds, tempered by caution, it's imperative for investors to maintain a balanced approach and stay attuned to evolving developments. As Shiba Inu ( CRYPTOCAP:SHIB ) continues to captivate headlines and reshape the crypto landscape, only time will reveal the true extent of its impact and sustainability.
MEME target 0.0474h time frame
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MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan.
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TP: 0.047
SL: 0.027
CDOGEUSDT: Bullish Consolidation at 61.8% Retrace and SupportAfter what has been a fast and aggressive 32% Decline, CDOGE has formed a Double Bottom with MACD and RSI Bullish Divergence at the 61.8% Retrace which happens to align with Support and now has climbed back above the 21SMA. With all this in mind I think we will come back up to Square Up and undo that big bearish candle and i addition to that I think we could be setting up for an AB=CD BAMM which would take us up to the 1.618 Fibonacci Extension.
Shiba Inu Price Surge: Burn Rate Sparks Rally Towards $0.00001Often dubbed the "Dogecoin Killer," this meme-inspired token has experienced its fair share of highs and lows. However, recent developments suggest that the tide may be turning in favor of CRYPTOCAP:SHIB holders, as a surge in burn rate ignites a rally towards the elusive $0.00001 mark.
SHIB''s Recovery
Amidst a broader recovery trend in the crypto market, Shiba Inu ( CRYPTOCAP:SHIB ) has emerged as a standout performer, defying earlier bearish sentiments and reclaiming lost ground. On February 5th, CRYPTOCAP:SHIB bounced back from its local support level at $0.0000085, signaling a 6% increase to reach a current trading price of $0.0000093. This surge not only broke through a critical resistance trendline but also injected a renewed sense of optimism among investors.
Burn Rate:
Key to this bullish momentum has been the unprecedented surge in burn rate, a metric that measures the destruction of SHIB tokens. Recent data from Shibburn, a platform dedicated to monitoring token burning activities, reveals a staggering 127.41% increase in SHIB incineration, with a jaw-dropping 21 million tokens destroyed in the last 24 hours alone. This surge in burn activity not only reduces the total supply of SHIB but also serves to drive up demand, creating a supply-demand dynamic that could further fuel price appreciation.
Impacts of SHIB Burn
The implications of this burn-driven rally are profound. Not only does it signal a shift in market dynamics, but it also underscores the growing utility and community engagement within the Shiba Inu ecosystem. As more investors participate in burning initiatives, the scarcity of CRYPTOCAP:SHIB tokens increases, potentially paving the way for sustained price growth in the long term.
SHIB's Upward Trajectory
However, amid the euphoria of this rally, questions linger about the sustainability of SHIB's upward trajectory. Analysts warn that a failure to sustain bullish momentum could lead to a pullback, with SHIB potentially retracing to a significant support level at $0.0000085. Yet, even in the event of a correction, this support line, which has remained active for almost four months, presents a compelling buying opportunity for traders seeking to enter the SHIB market at a lower price point.
Conclusion
In conclusion, the recent surge in Shiba Inu's price, fueled by a surge in burn rate and bullish market sentiment, marks a significant milestone for the meme-inspired token. As the crypto community watches with bated breath, all eyes are on SHIB as it embarks on its quest to reach the elusive $0.00001 mark and beyond. With burning initiatives gaining traction and investor optimism on the rise, the journey ahead promises to be both thrilling and unpredictable, embodying the essence of the crypto market itself: volatility, innovation, and endless possibilities.
PEPE possible inverse hs on supportLooks like PEPEUSD can find support here. Back in blue box on 0.5 and possible inverse HS on hourly and daily tf's. Invalid if price breaks and flips 0.0xx8 into res. then confirmation of 0.0xx6 level or new bottom, less probable imo. depends on bitcoin bottom around 30k or if goes lower. For bullish case tp's to range highs are in the chart, high one is long term. GL
BINANCE:PEPEUSDT OKX:PEPEUSDT MEXC:PEPEUSDT CRYPTO:PEPEUSD BYBIT:PEPEUSDT
