PEPE - MEMEs are on the rise again#PEPE/USDT #Analysis
Description
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+ MEME has hit the support zone and recently formed a higher high.
+ A successful reversal is evident from the support zone.
+ The RSI is also indicating a reversal as it bounces from the <30 zone.
+ The next resistance may pose a challenge, but strong bullish momentum could potentially break through it.
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VectorAlgo Trade Details
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Entry Price: 0.00000812
Stop Loss: 0.00000547
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Target 1: 0.00001047
Target 2: 0.00001284
Target 3: 0.00001737
Target 4: 0.00002566
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Memetoken
🔥 PEPE Has Room For Massive Growth!PEPE has been performing extremely well over the last few weeks, gaining back almost all losses from March and April.
This made me question where we can see a long-term top? If BTC remains trading neutral/bullish, alts will grow. In which case, I can see PEPE move all the way towards the top of the resistance of the parallel channel.
This could mean an easy 300%-400% growth from this point onwards. A very bullish outlook!
🔥 BONK: Huge Cup & Handle For Massive Profits!In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade.
The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a decently strong area of support.
Target at 10.000 based on the idea that the pattern will break out and make new highs in the future.
Combined, we can create a huge signal with a RR of over 25.
🔥 SHIBA Falling Wedge: Bull-Run Break Out!SHIB has seen an incredible run-up in February, but has been consilidating for a couple of weeks now. This signal assumes that SHIB will remain inside the falling wedge and will break out at some point.
Be patient for the break out through the top resistance of the wedge. Signal will be invalidated if the price falls through support.
Stop below the recent swing low, target at 6000 points.
MEME target 0.674h time frame
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Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio here.
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TP: 0.67
SL: 0.0293
#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
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
🔥 PEPE Time For The Perfect Entry: Inverse Head & ShouldersI've been looking at this inverse head & shoulders pattern for a couple of weeks now. Now that PEPE has reached the bottom purple support area, it might be the perfect time for a long-term entry.
Ideally, we wait for the price to confirm the pattern and break through the neck-line first. However, an entry from around the purple support has a higher risk-reward ratio.
BONK 4H BEARISH TRIANGLE : DUMP UPCOMINGWith Bonk's reversal from the 0.0001800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade.
Wait for the price to close below the triangle's support area. Looking for a move towards the 0.0000900 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
🔥 BONK Bearish Triangle: Preparing For DumpWith Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade.
Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
MEME target 0.3491h time frame
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MEME is creating a small bottom structure since down to 0.016. Structure hasn't been formed, so we use Fibonacci tools to judge support and resistance. Obvious resistance at Fib 1.272 and 1.618, both are matched to structural resistance, that enhance the possibility of rejection while MEME reach them.
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TP: 0.0315 / 0.0349
SL: 0.023182
MEME COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE NEAR ME !!MEME Coin Next Possible Move Near Me !!
Using major indicators price look overbough on 1D &4H Chart but according to price action its bullish.
• I will look for future short trade when its price reach b/w 0.0465$-0.05$.
• Fundamentally its weak...if you take trade then make sure to set SL First Before entry &Don't use upto 1% fund
MEMEUSDT possible movement till 26.111. MEMEUSDT respected 0.618 of daily fibs
2. MEMEUSDT formed support on 4 hour.
3. Anticipating level-by-level climb within the 4 hour bulllish channel.
4. 1st TP at minor resistance on the left
5. 2nd and final TP before analysis is invalidated, at structure high.
WDYT?
🔥 PEPE Bull-Flag Break Out Soon: Next Leg Up!PEPE has been consolidating for nearly a week at this point, after a huge >120% move upwards.
In my eyes, PEPE is underway of making a bull-flag pattern. Since bull-flags classically break bullish, this is what we're waiting for.
I'm waiting for a 4H close above the previous local top of 124, with a 200 target. If BTC manages to break out on bullish FED news tonight, PEPE can fly as well.
Exciting times for altcoins.
DORK LORD Painted Adam & Eve - Point to Buy?!Hello dear traders!
BITGET:DORKLUSDT is making waves on social media, and its price is forming an intriguing pattern that could trigger a significant surge for DORK LORD token.
💙💛. Guys, a simple reaction to this analysis works wonders!
It's a free way to show your support and keeps me motivated. 💙💛.
The community behind it is not only funny but also backed by influential figures. Check out these entertaining memes:
While the community is having a blast, let's focus on trading and investing.
Using technical analysis, we can establish a few price targets.
The current key resistance level is at 3141.
Once the price breaks through, I anticipate a substantial rally to levels around 4000 - 5400 - 7700.
Considering the current price is 2300, this presents an excellent opportunity for HODLERS.
🔥 DOGE Bullish Breakout After 1.5 Years Of SellingDOGE has generally been trading bearish ever since the May 2021 top of about 0.70$.
As seen on the chart, the price has been bouncing off a stron diagonal resistance and horizontal support area, making a (bearish) triangle pattern.
With Bitcoin's help, DOGE managed to break out through the top resistance with force. I'm considering this the most bullish price action in around a year, which could be the start of a longer-term trend shift.
For now, 0.20$ is my target, stop under the recent local lows.
🔥 DOGE Bullish Channel Bounce Signal: Growth ExpectedDOGE has been trading inside this bullish channel for nearly a month. Note that the top resistance of the channel is a direct copy of the bottom support line, making it a perfectly parallel channel.
Stop just below the most recent low, target at the top of the channel.