TURBOUSDT Possible to Hit New ATH SoonTURBOUSDT technical analysis update
TURBO price surged almost 50% after the flag pattern breakout. Now, the price is moving towards the previous ATH resistance. We can expect the price to hit a new ATH in a few weeks. After reaching a new ATH, we can anticipate continued bullish momentum in TURBO.
Regards
Hexa
Turbo
TURBOUSDT Bullish Flag!TURBOUSDT technical analysis update
TURBOUSDT has formed a bullish flag pattern, with the price moving towards a breakout at the flag's resistance. TURBO has formed similar bullish flag patterns in the past, resulting in significant price movements: a 300% increase after the first flag breakout and a 1400% increase after the second flag breakout. This time, I expect a 200-300% move following the breakout.
Buy zone : Below $0.00420
Stop loss : $0.00290
Regards
Hexa
Turbo how much price can increase TURBO / USDT
This meme coin is showing very strong bullish movement since market bottom at October 2023
(Already More than 100X)
We can see also price just broke out flag pattern.., In previous 2 breakouts the price made massive growth
Can we see another strong wave here ?
Note: this token shows strong fluctuations
Alikze »» IO | Descending channel🔍 Technical analysis: Descending channel
- In the analysis of the post presented earlier, it was moving in an ascending channel in the 1h time frame, which was corrected after failing to break the supply zone and touched the bearish target.
- Now it is moving in a descending channel in the 8h time frame.
- According to the behavior and structure, it is forming a double hybrid modification.
- Therefore, I expect that after hitting the ceiling of the channel, which can form a corner pattern, it will encounter an increase in supply again and complete the last leg to the minimum floor of the channel and then to the Buyer Zone.
💎 Alternative scenario: If it can break the zone considering that it has an Ingalf candle at the bottom of the channel, it can increase to 0.23 fibo of its previous wave. If the behavior and structure of the post changes, it will be updated.
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BINANCE:IOUSDT
Will TURBO repeat the history once again?What if @TurboToadToken repeats the same move once again?
On the 6th of May 2024, #TURBO broke above the bull flag pattern and made a parabolic rally of 1380%.
We can see another bull flag pattern and a potential breakout.
What do you think about it? Let me know in the comments.
#TurboFam #cryptocurrency
TURBO/USDT LOOKS READY FOR AN ATH!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
TURBO looks very good in the daily time frame. Breaking out from the descending triangle pattern and a retest is also done. Now, it looks ready for a big pump. Buy some here and add more in the dip.
Entry range:- $0.0036-$0.0042
Targets:- $0.00495/$0.0067/$0.0082/$0.0095
SL:- $0.0030
What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Alikze »» STRK | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is a demand in the green box and the bottom of the descending channel.
- After the demand in the green box area, it has re-entered the descending channel.
- According to the current structure, it can grow up to the middle of the channel and the range of 0.78 after the pullback.
- If it can stabilize above the 0.78 area, it can continue its growth until the neck line area and the supply area.
💎 In addition, if the green box is broken, the downward trend can continue up to the 0.39 area.
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BINANCE:STRKUSDT
Alikze »» AKT | Descending channel🔍 Technical analysis: Descending channel
- It has been moving in an ascending channel in the 1W time frame.
- In the short term after the break of the descending channel, as you can see, it is moving within a descending channel.
- After breaking the long-term ascending channel and pullback, it has had a correction up to the golden zone.
- In the 8H time, if the supply zone breaks, it can grow up to 4.68, otherwise, it can retest the bottom of the channel.
⛳️ Upside targets: 4.65 - 5.08 - 5.47
⛳️ Downside targets: 2.74 - 2.35 - 1.95
💎 But in the daily and weekly time frame, according to the bullish candlestick in the golden zone, if the supply zone fails, it will have the ability to grow to the next zone and the specified goals of the ceiling of the long-term ascending channel, which I will review and update later.
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TURBOUSDT - Time for a Retracement (SHORT)Hey Turbo traders! Turbo experienced a rapid surge within a single day and now it's time to analyze the next potential moves. Let's dive into the latest price action and what to expect next.
Surge and Retest
Rapid Surge: Turbo surged dramatically within one day, showcasing impressive bullish momentum.
Retest of mOpen: After the surge, the price retested the mOpen, a key area of interest.
Formation of a Head and Shoulders Pattern
Head and Shoulders Pattern: It looks like Turbo is forming a Head and Shoulders pattern, a classic bearish reversal signal.
Right Shoulder Formation: Now, we need to cool down and form the right shoulder of this pattern.
Key Levels and Trading Strategy
1.) Short Trade Setup:
Entry Point: We placed a short trade at the monthly open (mOpen) as it presents a great risk-to-reward (R:R ratio)
Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level, around $0.0042. This level also coincides with a previous daily support level, making it a significant target.
2.) Support Area:
Fib 0.382 Level: This level is where we expect the price to retrace and find support.
3.) Monitoring Volume and Price Action:
Volume Trends: Monitor the volume closely. Decreasing volume during the retracement would support the formation of the right shoulder.
Price Action: Watch for bullish signals and price action patterns that indicate a potential long trade opportunity after closing the short.
Strategy: Executing the Short and Preparing for the Next Move
Executing the Short: Enter the short trade at the monthly open with a TP at the Fib 0.382 level around $0.0042.
Potential Long Trade: If we see bullish confirmation at the support area, it might be a good opportunity to open a new long trade. Keep an eye on the volume and price action for entry signals.
What are your thoughts on this analysis? Are you in on the short trade and preparing for a long entry? Share your insights below!
Alikze »» TURBO | 4H descending channel🔍 Technical analysis: Moving in the descending channel
- The daily frame time is moving in an upstream channel.
- But in the 4H frame time, there is a corrective form that is moving within a downtrend.
- This correction can first touch the range of 0.003052 if it is below the supply area and can extend this correction to the middle of the channel if continued.
💎 Alternative scenario: Also, if it can break the 0.0061 area, it could form an upward flag pattern that can continue the uptrend and continue its growth channel as much as the channel supply.
If the behavior and structure of the post will be updated, it will be updated.
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Alikze »» ENS | Ascending channel🔍 Technical analysis: Ascending channel
- It is moving in an ascending channel in the daily time frame.
- It is currently located in the supply area and the roof of the channel.
- If it can be placed above the supply area and break the ceiling, it can touch the targets of 37.5 - 43.75.
💎 Alternative scenario: if it faces selling pressure in the supply area and the ceiling of the channel, it can have downward targets of 25 and then the middle of the channel and the green box.
🛑 Resistance range: 28 - 31.25
🟩 Support range: 18.75 - 22
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Turbo chart - Possible bull runTurbo seems to want to reverse the downtrend and go on a bull run. The key levels are given by the horizontal lines. the diagonal lines are the support for the up movement. Once those fail there is the possibility of a reversal.
This is done using an experimental method inspired by Da Vinci. This is not financial advice.
TURBOUSD - Look for the Double TopPrice has reached the top of this curved channel and has broken above it.
Despite breaking above, I think price will still act bearishly, producing a double top, leading price back into the curved channel.
If the curved channel hodls its structure price could go higher. 4 Hr Chart.