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Turbotrend

TURBO/USDT Analysis: Buy Zones and Buyer PresenceObjective: Focus on two key buy zones where price action suggests potential for bullish reversals, supported by confirmed buyer interest. Key Buy Zones First Buy Zone: Below the Red Line Description: An initial buy zone signaling early accumulation or aggressive buyer interest. Strategy: Look for bullish confirmations such as wicks, strong volume spikes, or reversal candlestick patterns below the red line. Second Buy Zone: The Orange Box Description: A broader, stronger accumulation area expected to attract more significant buying activity. Strategy: Monitor for consolidation or sharp upward movements, signaling buyer dominance. Market Context Confirmed Buyers: Buyer activity is evident in TURBO/USDT, increasing confidence in bullish potential within these zones. Action Plan Entries: Initiate long positions gradually in both buy zones, focusing on price behavior near the lower boundaries. Stop Loss: Placed at 0.0083 Take Profit: Target resistance levels or Fibonacci extension zones for a measured exit. Note: Stay attentive to volume and market conditions for additional confirmation before executing trades. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas
Long
by XU99
TURBO is Set to Run Hard Soon!TURBO is Set to Run Hard Soon! 🚀 The bi-weekly chart is screaming a buy, and it’s currently sitting above the most recent order block. This one has massive upside potential, currently at a $400M market cap. We could see a solid 5x from current prices, which is very promising! There’s even a 45x target, but that feels a bit out of reach—though it’s definitely ambitious! The meme cycle is firing up strongly, and we can’t let this opportunity slip by. We need to capitalize now, as the narrative and momentum are validating our entries. Let’s get ready! 💪
Long
by ZelfTrade
9
TURBOUSDT: Ready for a Breakout After Healthy Retracement!!TURBOUSDT has retraced to a previous support level following a failed pennant pattern breakout. However, the recent price action shows a strong attempt to break out again, supported by increasing volume. If TURBO successfully breaks above the pennant, we can expect a significant upward movement. Keep an eye on key levels for entry and potential targets as momentum builds. This could be the opportunity traders have been waiting for! TURBOUSDT Currently trading at $0.0055 Buy level: Above $0.0055 Stop loss: Below $0.0044 TP1: $0.0071 TP2: $0.0085 TP3: $0.01 TP4: $0.015 TP5: $0.02 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
4
TURBO/USDT technical analysis and a trading plan by BFTechnical Analysis by Blaž Fabjan Chart Pattern (Falling Wedge): The chart shows a falling wedge pattern, which is typically a bullish reversal signal. This is evidenced by the downward sloping trendlines converging towards each other with decreasing price swings. Support and Resistance: Resistance Line (Upper Trendline): The price has tested this level multiple times but has failed to break through convincingly. A break above this resistance could signal a bullish move. Support Line (Lower Trendline): The price has respected the support line, and it appears to be nearing another test of this level. If the price bounces from this support, it could confirm the bullish trend continuation. RSI (Relative Strength Index): The RSI is currently around 62, indicating that the price is in the neutral-to-slightly-overbought territory. However, it is not yet in the overbought zone (>70), meaning there could still be room for an upward movement. Stochastic Oscillator: The stochastic is around 82, suggesting that the market may be overbought in the short term. There could be a minor pullback before a larger move upward. Volume: There is moderate volume, but there isn't a significant volume spike yet to confirm a breakout. A notable increase in volume would be a good confirmation signal for a breakout. MACD (VMC Cipher B): The MACD-like indicator shows a potential bullish divergence. The oscillator is showing signs of reversal upward, further supporting the idea of a potential upward move. Trading Plan: Entry Strategy: Aggressive Entry: Consider entering near the current price or slightly lower if the price bounces off the support trendline. This could offer an early position before the potential breakout. Conservative Entry: Wait for a confirmed breakout above the resistance line (above the wedge pattern), ideally accompanied by a volume increase. This reduces risk but could result in entering at a higher price. Take Profit (TP): First TP: Set your first target around $0.0075 to $0.0080, near previous local highs, where sellers might emerge. Second TP: If the breakout is strong and volume supports it, the next target can be around $0.0090, which is the level indicated by the large arrow on the chart, signaling the longer-term upward move. Stop Loss (SL): Place your stop loss slightly below the support line (around $0.0050) to limit downside risk in case of a bearish breakdown. Risk Management: Risk no more than 1-2% of your trading capital per trade. Adjust your position size based on your risk tolerance and the distance between your entry point and stop loss. Summary: The TURBO/USDT chart shows a bullish setup with the potential for a breakout from a falling wedge pattern. A conservative trader might wait for a confirmed breakout above resistance, while an aggressive trader could enter on a bounce from support. The primary risk is a breakdown below support, which would invalidate the bullish thesis. This strategy assumes that market conditions remain favorable, and the wedge pattern holds up. Keep an eye on the volume and other indicators to validate your decisions.
Long
by elfabiiani
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
Long
by HexaTrades
1