SILLY/USDT 1DKey Observations:*1. *Current Price:
- 0.01668 USDT
- Daily Change: +0.00028 (1.69%)
- Volume: 2.41 million
2. Resistance Levels:
- Monthly Resistance: 0.03571 USDT
- Weekly Resistances: 0.02816 USDT, 0.01700 USDT
3. Fibonacci Retracement Levels:
- 0.236: 0.01307 USDT
- 0.382: 0.01745 USDT
- 0.618: 0.02182 USDT
- 0.786: 0.01937 USDT
- 1.0: 0.02182 USDT
- 1.618: 0.02890 USDT
- 2.618: 0.04035 USDT
- 3.618: 0.05180 USDT
- 4.236: 0.05888 USDT
4. Moving Averages:
- MACD: Shows a blue line (MACD line) and a yellow line (signal line), indicating potential bullish or bearish trends based on crossovers.
5. Annotations:
- Price Targets:
- 0.01882 USDT: Gain of 111.62%
- 0.01151 USDT: Gain of 68.28%
Analysis:*1. *Support and Resistance:
- The price is currently at 0.01668 USDT, approaching the weekly resistance of 0.01700 USDT.
- If it breaks this level, the next targets are 0.02182 USDT (0.618 Fibonacci) and higher levels like 0.02816 USDT (weekly resistance).
2. Fibonacci Levels:
- These retracement levels suggest potential support and resistance zones where the price might reverse or consolidate.
3. Volume Analysis:
- The trading volume is significant, indicating active market participation, which can confirm price movements.
4. MACD Indicator:
- The MACD can help identify potential bullish or bearish trends. A crossover of the MACD line above the signal line could indicate a buy signal, while the opposite crossover could suggest a sell signal.
Strategy:- Entry Point: Around the current price, if the price breaks and closes above the 0.01700 USDT resistance level.
- Stop-Loss: Just below the 0.236 Fibonacci level at 0.01307 USDT to manage risk.
- Profit Targets: Aim for the Fibonacci extension levels at 0.02890 USDT, 0.04035 USDT, and 0.05180 USDT for potential gains.
DYOR
NFA
TYOR
DCA
Silly
SILLY, a 1000% prospect price growth awaits this COIN!I'll make this sweet-and-short since this is a meme coin.
Based on recent long term data metrics, this is showing some BIG SHIFT already on its long term trend. With its un-abused mcap, this is giving off a 1000% ++ growth prospect.
It's exhibiting the same DNA as TRB's 15.0 era, and BONK'S and PEPE's 'before the 10x+' era.
If you missed the moon rockets of those three, then SILLY will be your friend.
Again this a meme coin, so be mindful.
I have bought some tickets on this one just in case.
Spotted at 0.01800
Always prioritize trade safety.
TAYOR.
Why I'm Buying Silly Dragon (SILLY) – Analysis/ Prediction🚀 Why I'm Buying Silly Dragon (SILLY) – Price Analysis and Predictions
In this video, I’m diving into my analysis of Silly Dragon (SILLY) and explaining why I'm looking to buy. I'll break down the key factors driving my decision and where I expect the price to spike to.
We'll also keep an eye on Bitcoin, as its expected drop could trigger a money flow into Altcoins, making this a prime opportunity for SILLY.
Key points covered:
In-depth analysis of Silly Dragon (SILLY) and its potential
Price predictions and target levels for SILLY
Correlation between Bitcoin's movements and Altcoin performance
Strategic insights on how to capitalize on this market opportunity
Join me for a comprehensive look at this promising Altcoin and learn how to position yourself for potential gains. Don't forget to like, comment, and subscribe for more crypto insights and trading strategies. Let's capture those spikes together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Cryptocurrency trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
169k: The Story Of BitCornThis will be fun to watch. This is not a trade, nor any signal or CTA.
No analysis. Just to ⌚ 👀
Buuuut if I had to:
I would say the next run goes to 168k - 230k
Collective majority will start making predictions up to 320k-600k.
One guy will start talking $1M per coin and instead of laser eyes, it's going to be forehead tattoos of the Burger King 👑 logo, but the Bitcoin symbol instead.
Next run is going to be wild.
Please don't take this seriously anyone.
I might be a super forecaster, but this analysis is 💩
It is not meant to be actionable in any way.
Silly Shooting Star Spotted on AAPL DailyThis is an interesting daily candle pattern we have here. Typically, shooting stars denote the top of a trend within the upper range of the wick.
And that's why this is a silly shooting star. As you can see on the left part of the chart (parabolic curve), there are some examples of shooting stars appearing all along the way. However, these are only sort of silly - in that their wicks are representative of the then-current high of the trend; not some intraday point in the middle like this gem above.
While AAPL has laughed off these semi-silly daily candles by gapping beyond them or by simply attracting too much demand (I guess?), I do not foresee the same outcome for our fully-silly candlestick today.
Hence, the short setup and basic price levels to enter and exit for your convenience.
-SeriousPigShort
NASDAQ:AAPL
NASDAQ:NDX
SP:SPX
CURRENCYCOM:US100
CURRENCYCOM:US500
CSLLY Double BumpCSLLY has experienced many chart pattern formations over the years, including a horn bottom, an Adam bottom, an ascending broadening wedge which led to a bearish reversal, and is currently experiencing a ‘bump and run’ pattern. ~0.75 regression uptrend, overall very bullish even if a small bearish pullback does occur. A lot of bump and run patterns seem to be present within various pharmaceutical companies. Maybe its just my selection preference..
Bitcoin's Flying Circus No no no, that's enough TA pointing us down to $2k, the whole premise is silly and it's very badly written.
Right so take a look at the above chart, that's right, it's everybody's favourite digital currency compared against everyone's favourite economic disaster, the Great Depression! Wahey.
So you can see i've colour coded key events in the downturn in addition to rough areas of resistance levels that capped particular phases of the correction. Can you see where things look similar? Good, now completely disregard absolutely everything you've just seen.
Primarily this is of course a slow market day with a lot of uncertainty so I am quite bored and decided to do a drastically over-simplified side by side of 2 complex events. However there is a small point to this, I previously highlighted my mild annoyance at some basing their analysis on the performance of Bitcoin in 2014 and we are still seeing it today 'this last happened here so this means 2 year bear market' and so fourth.
I have attempted many side by side analysis before but you always come down to the same pit fall, that if you want to make a pattern fit something else then you will pour through charts disregarding everything that doesn't work, until you find something that does and then apply it to the bear or bull case you are making.
I have said before there is of course a place for comparing charts and patterns, but if there is one useful take home from this waste of your time it is that patterns do not have to repeat, there is a vast array of fundamentals and other indicators that need to be considered. Especially when you consider the lack of useful data on Bitcoin (unless of course you believe that a market with a daily volume in the region of 6,000,000,000 behaves the same as one with around 20,000,000...)
I will post a brief update shortly on my other idea of how I feel we are likely to move, it might seem slightly apocolyptic on tradingview at the moment but just remember the truth is that all myself and anyone else can do is postulate on ideas and give possible scenarios, nobody knows the answers for sure and the more that someone insists that they do know all the answers, then the more cautious you should be.
So that's all really, as you were.
GU long..Probably an ambitious target but hey, we have it simple, break and a retest of previous resistance trend line, rejection of the 50% and -27% looking at a 500+ pip long here. Almost forgot to mention the bullish engulfing candle on the daily closing above previous support. Has created is Higher Low, Perhaps on to new Higher Highs.